Spending Too Much Buying Instead of Making
Financial Management

Spending Too Much Buying Instead of Making

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I was watching this restaurant show today about struggling business owners and there was one part that was interesting. Essentially, the owner constantly bought ice for the restaurant because their own machine was broken. Their cost was over $4000 a year for ice. When you think about it, they could have repaired the machine for less or even lease one for the year for the less than that.

It’s one of those things where it’s better to make the bigger investment initially to save more in the long run. At the same time, even in a business you sure spend a lot of money buying items from others instead of making things yourself huh? Almost the equivalent of dining out all the time versus making your own stuff at home. This makes me want to find ways to have like a large garden for fruits and vegetables to save money.

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