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Cheap vs value

October 12th, 2011 at 10:51 pm

My husband had a chat with my one son today about cheap vs value.

They were in the store buying groceries, saw an item with a $40 price tag, and a similar item right beside it for only $6.

Happened to be wine.

Both wines were rated the same or nearly the same from several magazines. So they talked about how, while there is a chance the expensive one tastes better, it is more likely they are both good, and we can save a good deal of money by sticking with the $6 stuff.

I love how many lessons can be learned while shopping. From discussions of how 'having' money and being free to spend it are not the same to talks of health (why buy the expensive bread?) And conversations on value, we really learn more at the store than most other places.

Now if I could only get a free night to relax and enjoy that wine!

3 Responses to “Cheap vs value”

  1. rob62521 Says:

    Sounds like a good lesson!

  2. ThriftoRama Says:

    There's actually a Freakonomics economy podcast about cheap vs expensive wines, and in blind taste tests, most people can't tell the difference. Cheap wine IS the better value!

  3. baselle Says:

    And even if you CAN taste the difference, by the middle of the bottle you wouldn't. So the 40$ for the first round amongst snobs; the $6 or even the $3 chuck for subsequent ones. Big Grin

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