You 
probably know about boot theory: that people in poverty have to buy cheap products that need to be replaced repeatedly, proving more expensive in the long run than higher-priced items. Put more simply it's buy cheap and you need to buy twice (or even more!). I am able to set money aside to save me money long term, eg I bought an air fryer and thus save on energy costs, but others can't afford that investment.
probably know about boot theory: that people in poverty have to buy cheap products that need to be replaced repeatedly, proving more expensive in the long run than higher-priced items. Put more simply it's buy cheap and you need to buy twice (or even more!). I am able to set money aside to save me money long term, eg I bought an air fryer and thus save on energy costs, but others can't afford that investment. Although I try to be frugal, my frugality is by choice. I have a fair income (state and occupational pensions) and my needs are modest. I am aware that there are many who have to choose between heating and eating. There are parents who go hungry to feed their children. There are many for whom Christmas is a time to dread. Frugality is not a choice but a life sentence.
My frugality is about getting value for money rather than getting the cheapest possible. It's also about avoiding waste as a matter of principle. It's about mindfully using my money, possessions, skills and time.
I take my hat off to those who have far less choices and still live a glorious life.
We actually proved the 'boot theory' in real terms. My son forgot his smart shoes for my mum-in-laws funeral in 2011 and I had no choice but to buy him a new pair in the only shoe shop that was open, it was a very posh one. The shoes cost me £159 for a good pair of men's leather smart shoes. He finally threw them out last year, when they fell apart, after firstly wearing them for best for a couple of years and then wearing them every day for work for over 10 years.
ReplyDeleteIt happens with so many products.
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