"I can't afford it," my friend said seriously. The guy was a successful dentist who is also a very careful money manager. "It" was the daily (extra large) soft drink his assistants each bought at a local convenience store. I knew what he was talking about.
Little things add up. Make sure you get the point...
Little things add up!
About that time, my teeth-drilling friend took his wife down to the local Ford dealer and paid cash for a new Expedition. Actually, they had to "borrow" some of the price and pay it back after a couple of months. Otherwise, the factory wouldn't have tacked on the incentive they gave to the dealer to help make sure the buyer used their in-house finance company. Strange, isn't it? The dealer could sell the truck cheaper if the buyer borrowed money. Hmmmm.
Where was I? Oh, yeah. This was the guy who "couldn't afford" a Big Gulp. In fact, he was amazed that his helpers paid out that money every day. He did a quick calculation of how much it was costing them per week and compared it to how much they made. It left him just shaking his head. $1.25 a day. $6.25 a week. Between $25 and $30 a month. Little things?
Our economic road signs read "Danger Ahead!" The little things that we haven't noticed are likely to become much more important. They add up.
Which ones do you need to notice?