My wife and daughter went to Goodwill recently.
They bought some shirts, maybe looked at a pair of pants.
The day they went everything was 1/2 off. That means stuff was going for under a $1.
But then they said this: “Anything over $7 was way too expensive.”
Cut to the day before. When they were at the mall and bought clothes where anything listed at $19.99 was a deal.
I know there’s some economic principles here, but I’m too lazy to google.
Let’s go to books now. I usually put books in a different category. I don’t want to spend more than $9.99 and I rarely spend that, even though dropping that for a dinner is totally okay. Or a movie. Or a concert. And those are over in 2 to 3 hours, whereas I can spend much longer in a book.
Why are we willing to drop a lot more money on other things than books? Why don’t we waste our money on literature instead? Because are friends aren’t doing it?
Actually let me hit the last one for a sec. Because I think there’s something there. I’ve started taking more chances on books when they’re in ebook format, though I still feel that the $9.99 price is my top level for a new album–comparable to a music album.
The library also factors into this. Most new releases hit the library fairly quickly, and since I like odd stuff there isn’t a big wait for the stuff I want. But sometimes the library doesn’t have it. That’s when I buy. SCARCITY OR SOMETHING.
But books usually aren’t forcing me to purchase right away.A movie though won’t hit Netflix, Redbox or even my library for quite awhile. I’m more likely to pay for it then because I know I won’t have a chance to see it.
How do you spend money on books?