Today is our last day, in our three-part series. On finance questions. You shouldn't ask and better questions that you can replace them. With today's question is, why would I buy this thing over here? When I can get XYZ alternative for cheaper or even free? This comes up a lot and the personal finance with budgeting tools, for example, most budgeting tools out there, that will track your money and help you, you know, kind of see where your money is going are free. Like mint.com is a great example and then there's other budgeting tools like wine app which is the tool that I use that are paid and on the surface level. Why in the world would you pay for budgeting tool when there's other budgeting tools? That are totally free? And that's because in this particular example, for a lot of people simply just making a tracking budget, doesn't help them create Behavior change or is it to like wine app? That has a handful of features that force you to start to actually change your spending habits will create to change it?
What to see in ultimately help you save more money. It pays for itself, many times over or at least that's been the case for me. This has also come to play with Hannah and eyes health and fitness. Why would we pay for an online class or a course or some sort of online boot camp when we can get all kinds of information about working out and getting more healthy and fit for free on YouTube and Google. Well in our scenario, we've paid for classes before because we wanted something more organized or you wanted it laid out in a specific manner. Or we wanted the feedback from the instructor or which was the main case for the class that Hannah joined last year, we wanted accountability, we wanted to actually pay money that we felt like by by investing into. That was going to kick-start a house and help us. Give us that we needed to actually stick to a workout plan, and it has done exactly that. Now, there's all sorts of areas that this comes up in. So let me tell you the bed.
Question, the better question is, what's the best tool for the job based on the value that it provides and how important that value is to me, in the case of the budgeting tool, and the workout classes for me and Hannah, those are really important to us and the amount of money that those have cost us is far less than the value that we are receiving from those things. Until the next scenario. We want to find the absolute best thing possible and purchased that rather than just always defaulting to whatever is free or cheap. One last little warning here. Just tipped doesn't mean that you just always get to go buy the most expensive thing. Don't be extreme. The last part of that. Question is the most important. What's the best tool for the job based on the body? That provides and how important that value is to you? And I aren't looking for the latest and greatest cell phone or the latest and greatest truck technology until we have a really old truck and we tend to keep old
Cell phones, we use them for long periods of time when we're not always looking for that latest and greatest. And so try not to be extreme. Basically, what I'm saying with this is don't always default to the cheapest. One, the prettiest thing because that may not actually be in your best interest on the flipside. Don't know what is default to the latest and greatest as always get clarity around what matters to you and then tried to keep an open mind about finding the best products and services to actually give you what it is that you're looking for. All right so I hope you enjoyed the series on finance questions that you shouldn't ask him better questions to replace them West as always thank you so much for listening and I will see you tomorrow.