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July 20, 2011

Value over Price, which do you prefer?

I got this learnings from Robert Kiyosaki who says, "Only cheap people buy on price. Just because something is cheap doesn't mean it's worth the cost." And, "value rather than price has made me rich."

It made my mind think of this quote, I was stunned. Why? Because I myself has been in this situation and just take it for granted, the value and preferred the price. Yes, this is some kind of marketing strategy: stating the old price and then here comes the new price which is very much lower than the previous one. I forgot to figure out the value which is much more important than the price.

There are reasons behind all of this miss calculations or wrong decisions I've done for the past years.
Here are some important notes to consider:

  1. Zero financial education.
  2. Too emotional.
  3. Know the difference between the advice from rich people and advice from sales people.
Knowing and improving everyday, making myself better than yesterday helps me know the difference between the good and bad advice.

I got this lessons from: richdad

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