Many of us think that prices are inflexible.

Walk into a retail store and the price on the shelf is how much it costs.

If you want to spend a car payment on a watch, you’d buythe Apple Watch Edition.

you’ve got the option to always find more expensive options.

It stands to reason that the same is true in reverse.

If I wanted to waste 10 for a beer, I would look for a hotel bar.

If I want to pay 4 for the same beer, I’ll go to a local bar.

If I want to pay 1, I’ll get it from the shop.

The same goes for accommodation which I prefer quirky, authentic and low cost rather than corporate and soulless.

I tend to buy what I find to be quality gadgets because they’re worth the cost to me.

But there are always cheaper phones out there.

Recognizing those purchases can help you prioritize which things are worth cutting back on.

We All Need a Mountain to Climb| The Escape Artist viaRockstar Finance

Photo byRichard Masoner.