LPT: always annualize the cost before buying something
LPT: always annualize the cost before buying something It’s so easy to purchase something when only looking at the monthly cost. Before buying, do the quick math to annualize the cost and see if you still want to buy it. Examples: Netflix doesn’t cost $12 per month. It costs you $144 per year. Your car payment doesn’t cost $400 per month. It costs you $4,800 per year. Rent doesn’t cost $1,000 per ...