Mr. Penny Pincher: The Cost of Convenience
Americans are addicted to convenience. We routinely purchase items for double and oftentimes triple the price of what we’d pay for the same thing at home. Nowhere is this more evident than the amount spent on food.
Rather than make a coffee at home for a fraction of the price, we gladly hand over $5-6 for the privilege of purchasing one at Starbucks. Instead of making spaghetti, a dinner that costs around $10 to feed a family of four, we’ll drive to our favorite Italian restaurant and spend five times the amount so we don’t have to cook.
I get it. It’s difficult to plan your life out on a daily basis. The stresses of work, family and life in general can take over. It’s convenient to have someone else do the cooking, purchasing and cleanup. Eating out allows us to relax and be served what...