A Richer Understanding: Value

Brian Tramuel helms this series. He lives with his wife Michelle, their children Geneva and Brian, and their Cocker Spaniel Maestro in Charlotte, NC. They, along with his two older children from a previous marriage, Davina and Aaron, provide a constant source of inspiration. Aaron lives, works and plays in Charlotte and Davina lives, works and plays in Roanoke, VA.

RS A Richer UnderstandingOne of my “Better Thinking” goals is to teach (by showing) Geneva and Brian how to be good stewards of their ‘stuff’ and money. I try to use personal examples when opportunities present themselves. In 2006 I purchased a used MacBook Pro for $700 which I’ve owned and used to date. It has been problem free until recently, the track pad button has become unresponsive.

Initially I checked on repairing it, but decided a machine that has lasted nine years has served its purpose. In comparison over this same time period Michelle, Geneva and Brian have gone through, at the least, three different machines each; mini computers, full size laptops and a desktop. In their defense, the quality of those products may have played a larger role in their demise.

Needs and Decision Making for Value

I’m not into brand loyalty however I ordered another used MacBook Pro, the key decision … do you stay on the line of value equivalence, or get off? For me Macs offer a straightforward approach to computing with fewer maintenance tasks, have fewer viruses and security issues. Also, I only use it for basic personal use; word processing, social media, desktop publishing, internet communications and digital/audio compositions. Being a good steward of my ‘stuff,’ I expect the newer used machine to last me for ten years aligning my needs with value.

Brian

Blogger-in-Chief here at RetirementSavvy and author of Sin City Greed, Cream City Hustle and RENDEZVOUS WITH RETIREMENT: A Guide to Getting Fiscally Fit.

4 Comments

  1. Putting aside the price to value analysis, and machine types, I am just proud that one of your goals is to teach your children to be good stewards.This will out last any pc, laptop or any other technical device. Teach by example. The bible says “Train up a child in the way he should go,
    And when he is old he will not depart from it.” Prov. 22:6 So, even when you are old and worn out, (saying this with love and respect)the children will never forget the training.I see you didn’t. Loving you more each day. Mama

    • Indeed. Putting aside price to analysis and other technical aspects of personal finance – or at least making it secondary – and giving a better understanding to how to live with money is the approach this series takes. And I think you would agree that Brian has done a masterful job. Thanks for taking the time to stop by and add to the conversation.

  2. You need to think of things on a price to value basis. A new Macbook is worth the price tag if you can get 10 years out of it compared to buying a lesser computer for half the cost if you can only get two good performance years out of it.

    A cheaper option can be more expensive in the long run if you don’t analyze the price to value.

    • “A cheaper option can be more expensive in the long run if you don’t analyze the price to value.” So very true.

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