The CPU hack to stop wasting money
Hey! Do you often find yourself spending on stuff that you don’t need?
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Fret not. Here’s a fab idea to get you out of the money-wasting loop. It’s called the CPU rule. And that just means cost-per-use or understanding how much something actually costs you every time you use it.
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Let’s break it down for you.
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Imagine you saw a cool pair of sneakers at a store. And because you recently got a pay hike, you go for it without a second thought. But you can’t wear them every day because they just aren’t that kind of footwear. Maybe you could wear it for casual outings. And you do that just twice a month. Which means you’ll only wear them 24 times a year.
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Now if the sneakers cost ₹8,400, that’ll mean that every time you wear them you’ve spent about ₹350. But what if you had bought a more comfortable daily wear kind of footwear that you could pretty much wear all the time?
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It would obviously cost you less. But just for the sake of comparison, even if it cost the same as that fancy pair of sneakers, you’d still have worn them at least 4 times a week. Meaning, 208 times a year. How much would the cost per use be then?
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Just about 40 bucks!
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How does that make you feel?
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If it blew your mind away, then try using this analysis every time you’re lured into buying things that may not actually be financially beneficial. It could go a long in helping you cut down on your money-wasting vice.
Via Finshots
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