One of my favorite topics to teach about is the concept of spending money to save money. This was a topic that I thought that I thoroughly understood because my father always emphasized the importance of the concept. However, about a month ago, I seemed to forget the lesson I know so well.
I had the opportunity to purchase a Shinola watch at a 20% discount, but only for a limited time. Shinola watches are huge in Detroit because they are locally made and are very cute. I wanted this watch for almost a year! Once I had the opportunity to buy one at a discount, I started to save the money. I definitely wasn’t going to charge it! I figured since I would eventually purchase one anyway, I should just do it sooner while I had the discount. Once I had the money, I quickly made the investment in the new watch.
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