Comments by "Ash Roskell" (@ashroskell) on "This One Purchase Changed My Relationship With Money Forever" video.

  1. “Being poor is an expensive lifestyle.” That’s how I always express it to my wife if she balks at the cost of some new item I want to buy for the home, or that I’ve spend on a present for her. If you can afford the very best pair of shoes, there’s a good chance that a middle aged person, like me, will never have to replace them for the rest of their lives. Yet, if you simply cannot afford to spend £3 or £4 hundred pounds on a pair of shoes, and can only muster £20 to £30 pounds to meet an urgent need, then you will be forced to replace or repair them within a year or two at most. This is a cycle of self enforced poverty that so few even realise is there, partly because some people are just too poor to be able to save or spend their money as wisely as they’d like and partly because businesses have built entire economies on this model of short-termism. The constant stream of FOMO and disposability that comes at us from all directions, especially on the web, even more especially through YouTube’s abominable advertising algorithms, is unending and totally misleading. But we are trained from childhood to think this way by people who want to make more money forever from fleecing the sheep regularly rather than get one big payoff for butchering the herd. But making canny shopping choices means spending a lot once, not spending a little again and again until you die. And making those first few decisions will free up cash that you can save, making it possible for you to save up to buy more top of the line gear that will never need replacing. They call that, “investment.”
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