Price is the first thing that many people consider when purchasing a product or service. While I do admit that it is essential to spend our money wisely, I believe that money should not always be the chief consideration.
Price ought to be considered because it is indeed necessary to control our spending to avoid falling into the debt trap. In other words, before buying a product or service, we should identify whether it is a necessity or something optional. Even if it is a necessity, we should look at the price tag before placing the order. Sometimes it is possible that two products serving the exact same purpose are sold at different price tags. For example, a Samsung phone serves more or less the same purpose as an iPhone; yet there are countless people who spend inordinate amounts of money on the latter just because they are fascinated by that brand name. Such spending is never recommended, especially since it will land the buyer in serious debt. Therefore, however tempting it may look a consumer must not buy a luxury item on credit.
By contrast, there are situations when price tags must be ignored completely. Health and medical related services and expenses fall into this category. The amount of money spent should never be a priority in these circumstances, as any delay in availing of the service may lead to a life-threatening situation. Furthermore, in the event that the required amount is more than what the patient could afford, they should still proceed by borrowing money from a friend or obtaining a loan. However, such situations are rare and in most cases price ought to be considered so that excessive spending is budgeted and debt is avoided.
In conclusion, people should be careful about spending large sums of money on goods and services, unless it is a matter of life and death.
Price
is the
first
thing that
many
people
consider when purchasing a product or
service
. While I do admit that it is essential to spend our
money
wisely
, I believe that
money
should not always be the chief consideration.
Price ought to
be considered
because
it is
indeed
necessary to control our
spending
to avoid falling into the debt trap.
In other words
,
before
buying a product or
service
, we should identify whether it is a necessity or something optional. Even if it is a necessity, we should look at the
price
tag
before
placing the order.
Sometimes
it is possible that two products serving the exact same purpose
are sold
at
different
price
tags.
For example
, a Samsung phone serves more or less the same purpose as an iPhone;
yet
there are countless
people
who spend inordinate amounts of
money
on the latter
just
because
they
are fascinated
by that brand name. Such
spending
is never recommended,
especially
since it will land the buyer in serious debt.
Therefore
,
however
tempting it may look a consumer
must
not
buy
a luxury item on credit.
By contrast, there are situations when
price
tags
must
be
ignored
completely. Health and medical related
services
and expenses fall into this category. The amount of
money
spent should never be a priority in these circumstances, as any delay in availing of the
service
may lead to a life-threatening situation.
Furthermore
, in the
event
that the required amount is more than what the patient could afford, they should
still
proceed by borrowing
money
from a friend or obtaining a loan.
However
, such situations are rare and
in most cases
price
ought to
be considered
so
that excessive
spending
is budgeted
and debt
is avoided
.
In conclusion
,
people
should be careful about
spending
large sums of
money
on
goods
and
services
, unless it is a matter of life and death.