Family Growth 7D
๐Ÿ’ฐSmart-Money Sunday
Sun 18 Oct

The Price Per Use: a $60 pair of shoes worn 200 times, or a $30 pair worn 20 times โ€” which one is actually cheaper?

  • Setup: two shoes at the shop. Pair A โ€” $60, tough, ugly, lasts years. Pair B โ€” $30, beautiful, flimsy, gives up after 20 wears. Everyone picks one BEFORE the math (A or B + one sentence why). Gut vote, no calculator.
  • Worksheet Q1: write the price-per-use formula on paper โ€” price รท number of wears = cost of each wear. Then compute Pair A: 60 รท 200 wears = ? per wear.
  • Worksheet Q2: now Pair B: 30 รท 20 wears = ? per wear. Write both numbers BIG, side by side, and stare at them for five seconds.
  • Worksheet Q3 โ€” the real round: each person names one thing we actually own (shoes, school bag, bike, sofa, that robot vacuum) and GUESSES its cost per use โ€” high wear winner or low wear drain? No looking anything up, pure instinct.
  • Round: revote โ€” same question as the start. Who switched? The gap is 10ร— โ€ฆ does anyone STILL defend the $30 pair? Last argument standing wins the floor.
Pair A wins 30ยข vs $1.50 โ€” 5ร— cheaper per wear
Here's the reveal. Pair A: $60 รท 200 wears = 30ยข per wear. Pair B: $30 รท 20 wears = $1.50 per wear. The $60 shoes โ€” the ones that looked 'twice the price' at the till โ€” cost one-fifth as much per wear. Five times cheaper where it counts: every morning you slip them on.

Now the trap, and it's a beauty. Your eyes do a check that feels like math but isn't: '$30 is smaller than $60, so $30 is cheaper.' Sticker price answers 'what does it cost to own it?' โ€” but you wear shoes about 200 times, and each of those 200 mornings is its own little purchase. Price per use answers the question your life actually asks: what does one USE cost? And there's a bonus hiding in the arithmetic: the cheap-flimsy pair needs a second pair to cover 200 wears โ€” ten of them, $300. The $60 pair bought all 200 mornings for $60.

Per-use thinking quietly rewires real decisions. School bag: $20 that sags by term two vs $50 that survives two kids โ€” that's 60ยข a bag-year against dollars. And the flip side so this doesn't become a slogan: never let 'price per use' become the excuse. The $600 'pro' scooter used four times costs $150 a ride โ€” expensive cheap stuff in reverse. A library card, on the other hand, serves hundreds of books at roughly zero per use: the per-use king costs almost nothing at the till. The rule isn't 'buy expensive' โ€” it's 'count the USES'.

Which is why you lost your gut vote if you picked B. Sticker price is a snapshot; price per use is the whole film. The cheapest object in the room is often the one with the biggest price tag and the longest life โ€” and the store will never point that out, because $60 of shoes sold once is worth more to them than $300 sold over four years.

Next purchase bigger than $10: divide the price by honest uses โ€” and let THAT number do the arguing.
Today's 1%: next thing over $10, divide price by honest uses โ€” buy the lowest cents-per-use, not the lowest sticker.

How were the 5 minutes?

โœ” Logged!
See you tomorrow โ€” 1% better. ๐ŸŒฑ
7 areas ยท 7 days ยท 1% a day โ‰ˆ 37.8ร— a year ยท ๐Ÿ“– Word of the Day
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