Everything Costs More Than You Think #048
How to Money
iHeartPodcasts
4.6 • 3.2K Ratings
🗓️ 12 December 2018
⏱️ 49 minutes
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Summary
There are secondary costs associated with almost all purchases that we make in our lives. It’s important to consider all of these additional costs that tag along when making purchases, and not just the initial sticker price. In this episode we explain how there are hard secondary costs and then how there are soft or lifestyle secondary costs which are similar to lifestyle creep. And then finally, we go over some helpful and specific tips to remember when making purchases or financial decisions. Keeping all this in mind will help us to manage our money better, specifically when it comes to our spending because everything really does cost more than you think.
During this episode we enjoyed a Pretty Willie’s Imperial Stout by Against the Grain which you can find and learn all about on Untappd. And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts, Castbox, or wherever you get your podcasts- we’d love to hear from you.
Best friends out!
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Transcript
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| 0:00.0 | Welcome to How To Money. I'm Joel and I'm Matt and today we're discussing why everything costs more than you think. |
| 0:07.0 | Joel, you and I are best friends. A lot of our new listeners may have heard that, but they don't know how we got to be friends. |
| 0:34.0 | How deep this friendship runs. Do you remember when we first met? |
| 0:37.0 | Honestly, dude. I don't. It made that much of an impression on you. |
| 0:42.0 | Yes. |
| 0:43.0 | If you remember our origin story, please. So honestly, I don't remember when we actually met. |
| 0:48.0 | The first memory, though, that I do have is some friends of ours. |
| 0:51.0 | Mutual friends had invited Kate and I over to play some board games. |
| 0:55.0 | And you and Emily were also there. |
| 0:58.0 | And I think we may have been playing some original settlers of Catan. |
| 1:02.0 | Oh, yeah. That's like the sound of our right. It's like the gateway drug for nerdy board games. |
| 1:06.0 | Yeah. So I think this is about eight years ago. And yeah, that's when we first started hanging out. |
| 1:10.0 | I don't have anything specific about that night. I'm sure I whipped your tail. Some settlers, but unlikely. |
| 1:16.0 | That is funny that it started out with us playing board games because we're both super into nerdy board games. |
| 1:20.0 | We did a whole episode on it back in the day and we made recommendations kind of for some of our favorites. |
| 1:25.0 | But yeah, dude, I think it's not a knock on you because obviously we're best friends. |
| 1:30.0 | But I barely remember like the birth of my first daughter now. |
| 1:33.0 | I just feel like so many five years have passed. |
| 1:36.0 | And that part of my memory is just almost gone. |
| 1:39.0 | I feel like the most cemented memories I have of our friendship going back were two times that we traveled together as couples. |
| 1:45.0 | And the first one was we left on Halloween like six years ago. |
| 1:49.0 | And we went to Ireland together as a family. |
... |
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