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Hello Friends! Have you ever considered that buying cheap stuff is very expensive in the long term? Today I show why that is and much more.

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-----Contents of this video-----------------------------------
0:00 - Intro
0:33 - 1st Example - Cheap Frying Pan
1:29 - 2nd Example - Cheap Shoes
1:28 - Buying Food/Groceries
2:31 - Cost per Use Concept
3:29 - Summary
3:37 - Help Requested
3:56 - Put it all in Perspective 
4:34 - Call To Action 

Today I will bring you a few real examples to demonstrate that Buying Cheap Products Is Expensive!
 
Let's say you chose to buy a cheap frying pan.
After using it for 2 months, the food starts to stick to it. The more you use it the more it sticks to it. Now, you decide to hold on for a while to buy a new frying pan. Now every time you use it, the food gets stuck to it, 

As a result, you put in more time to clean the pan, more detergent and more cleaning pads, more water. On top of all that, the food does not come out good at all and often is burned (and now you put your health in danger). You think you are saving money, when in fact you are spending more money and more time and potentially a lot more money down the road to fix your health. 

Let’s take a look at another example.
You chose to buy dress shoes at a very cheap place where the shoes are 3 times cheaper than the good quality one at a good shoe place. After using them for 1 month, your feet start to hurt and also the sole is coming out of the shoe. You go and buy another pair from the same cheap place. The cycle repeats and by now you have purchased 4 pairs of shoes that only lasted 1-2 month each. You then watch my video and go buy a nice quality pair of shoes. To your surprise, not only do they last for a few years, but they are also a lot more comfortable. 

One good way to see the value of a product is to look at the cost per use. In the example of the shoe earlier. Let’s say it costed you $30 to buy the cheap dress shoes and you used them 20 times. That means that the cost per use was $1.5.

Now when you go buy the more expensive shoes, it costed you $90, but so far you have used 150 times. So the cost per use in this case is 60c. And you know what, you will still use them many more times. 
I hope you see how buying cheap stuff could end up costing you a lot more money in the long run.

If you are finding value in this video and in other videos of mine, you would help me a lot by giving me a like, subscribing and also turn that bell notifications on so you do not miss out on any of my videos.
Buying more expensive, higher quality items, would not only save you money in the long run, but it will also save you more time, more frustration, more health, and would provide a better quality life.

One word of caution here, don’t equate designer/brand names with quality because sometimes they are not. In the case of “designer labels,” you’re often paying for the name or packaging, not the integrity of the product.
 
My wife and I wrote the book: “LIFE LESSONS: From A Wiser Me to A Younger Me” In this book, we go into details of what were the biggest lessons we have learned up until now. Our intention for writing the book was for people to learn from it and not repeat the same mistakes we did. Also what we have learned in 10, 20 years, could be compressed in a few days of you reading the book. So there is a lot to gain :)
You could purchase it here: https://www.amazon.com/dp/B09JBHGSRF/ref=cm_sw_em_r_mt_dp_0QE4R3280AE5BMYH1SPK
 
*None of this content is meant to be interpreted as investment advice. It is for entertainment purposes o