Oct 17 2008
Saving Money by Protecting What You Have
An ounce of prevention is worth a pound of cure. This is true for all things. When it comes to frugality, it is ever more so true. For example; if you wash your hands 5 times a day you will decrease the amount of time you are sick, which means more income from less sick days. It also means less doctors visits, which mean less doctors bills.
Another example is the mother who religiously polishes her wooden table. She maintains a strict code of ethics at the table to avoid damage and “feeds” the wood with healthy polishers. Believe it or not as the table ages it will be more due in part to inflationary forces.
Or a man that keeps meticulous care of his 1950’s car. If you keep maintence up, no surprising mechanical failures occur, which means it’s reliable for work. It also means it will have a good resale value. As you can imagine restoring such a car wouldn’t be cost effective, but buying one in good condition is certainly worth it.
Think of ways to protect what you own that is valuable to you.
