Tuesday, January 20, 2009

Penny Wise and Pound Foolish

I am not a very good blogger. I need to dedicate some time each day to actually writing my posts, instead of just throwing them together whenever I have time.

Well, today is Tuesday, so this is about money.

If someone calls you penny wise, you might think that it's a compliment. It sounds like they might be saying that you're smart with money. Well, actually it is a backhanded compliment. It means that you know how to save a few pennies, but that you choose the cheaper option, even when it is the worst option.

The challenge in life is to know when you need value and when you don't.

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