To piggy back off of last week when we talked about seeking out the best resources and the best deals, this week we are talking about how far we are willing to go to get certain things. I worked at a car dealership and I was always surprised to see people coming from Wisconsin, Iowa, Indiana, even California, to buy cars from us. The reason we attracted so many people from all of the midwest (and the country) was because we had the best deals on new and used cars. People made the decision, after doing their homework, the deal they would get on the car was worth the long trip. I don’t think making this trip for groceries every week would be logical, so going the distance is dependent upon the deal you are seeking.
Since I mentioned groceries, we’ll stick with that example. The store closest to my house is significantly more expensive than the grocery store I pass on my way home from church. Because of that, I shop at the store in a neighboring town. I calculate the cost of the gas used is less than the difference of purchasing groceries from the store closer to my house. I am willing to travel a little further for a better deal because I am still saving money.
When you are doing your homework on the best deal, also calculate travel costs to see whether the deals are really worth it in the long term. The customer from California that bought a car from us, also stopped to visit family, making the trip a little more worth the money and time. As I mentioned, the grocery store I shop at, is on my way home from church. I’m already in that direction at least once a week, making it worth the gas. Going the extra mile is great if the deal is worth the extra mile.
- How much money is in your budget for gas?
- When choosing the next thing you want to buy, and your homework, calculate travel costs.
- Determine how far you are willing to travel for regular purchases like groceries, clothes, gym, etc.
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Thank you, have a sparkly day!