I thought this example of some sweaters that were on sale was a funny example on how many times we simply classify something as a \u201cnormal\u201d price based on what we are used to seeing it for at certain stores. For myself I usually define \u201cnormal\u201d when it comes to pricing based on the cheapest I have seen something versus the most expensive. Like here many people would say $75 sounds normal price wise. To me that would be expensive. After seeing prices like this where you can get it for like $15 my definition of a normal price would be more like $35.<\/p>\n
I think this is kind of important when it comes to saving money as many times I just see people paying the regular full retail price as if those high prices are the starting price to determine if something is a good deal or not. Like with this sweater most people would say if it was like $80 now then it would be too expensive. For myself usually the standard retail price is pretty expensive as is where I would only buy it if I really needed it or understand that I am paying a premium for something that is say new in the market.<\/p>\n
Of course, the only real way to develop this kind of mindset is to seek out the better deals. Like here, if you never seen the $15 price tag then of course you wouldn\u2019t ever care to think that the retail price is very high. Many times too I would say you don\u2019t necessarily need to find the exact same brand. Like with TV\u2019s a lot of times even \u201cno-name\u201d ones can be exactly the same as name brand ones as it comes out of the exact same manufacturer and all. So getting a feel of what an average price is as well for a similar kind of product can help you for this too.<\/p>\n","protected":false},"excerpt":{"rendered":"
I thought this example of some sweaters that were on sale was a funny example on how many times we simply classify something as a \u201cnormal\u201d price based on what we are used to seeing it for at certain stores. For myself I usually define \u201cnormal\u201d when it comes to pricing based on the cheapest […]<\/p>\n","protected":false},"author":1,"featured_media":8322,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[5],"tags":[6380,2064,6381],"class_list":["post-8321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-management","tag-normal-price","tag-price","tag-sale-definition"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.al6400.com\/blog\/wp-content\/uploads\/2016\/06\/perry-ellis-price.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6VnHC-2ad","_links":{"self":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts\/8321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/comments?post=8321"}],"version-history":[{"count":1,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts\/8321\/revisions"}],"predecessor-version":[{"id":8323,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts\/8321\/revisions\/8323"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/media\/8322"}],"wp:attachment":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/media?parent=8321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/categories?post=8321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/tags?post=8321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}