The Price of Convenience | HDM 406
If you are among the millions of people who rely on Google Maps to get to places, use Task Rabbit to find contractors, or have groceries delivered almost anywhere through Instacart, you are not alone. These services may feel like separate entities, but at the end of the day they all have one major thing in common: they are extremely convenient and, as such, most of them come with a hefty price tag. Does this mean you shouldn’t use them? The goal of this week’s episode is to answer that eternal question. Today, I’ll share my thoughts on the price of convenience and how you can use this bonus to your advantage.
Picture the following scenario. It’s mid-week, and instead of decreasing, your workload is at an all-time high. You leave the office exhausted and in a daze, only to realize a few minutes into your commute that, yet again, you forgot about dinner. It seems that your brain just can’t plan a proper grocery haul so, just like you did last week, you decide to take the convenient approach. With just two or three flips through your phone screen, your problem is solved. Dinner will be served at your door in less than half an hour, courtesy of Uber Eats. Convenience may be just a noun, but on a busy Wednesday evening, when you have no mental space left available, it becomes a life-saver. The glue that holds together your packed schedule.
The only problem? Just like any luxury item, choosing the most convenient option usually has an extra fee. Yes, your meal delivery, house cleaning, and transportation services may be extra handy, but they ain’t cheap.
This is why in today’s episode we are going to have an in-depth discussion about the price of convenience. Why is it that the United States consumer loves convenience so much and what is the true price you are paying for getting some time back in your calendar?
What you’ll learn about in today’s episode:
- Snap history: how did these convenient services come to be?
- One risk of relying too much on handy solutions.
- Key things you need to know before signing up for these services.
Related Her Dinero Matters episodes you may enjoy:
- #319 – What You Should Do If You’re Feeling the Strain of Inflation?
- #154 – Financial Dilemmas Working Moms Face with Bobbi Rebell
- #263 – Immigrant Finance: How to Overcome Its Barriers
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The post, The Price of Convenience | HDM 406 appeared first on the Her Dinero Matters Podcast.