Thinking about purchases in terms of cost per hour

Dec. 16, 2018

Introduction

It was busy Sunday afternoon, I spent hours to take pictures to document some expenses I made from 2010 to 2018. I could not believe that I spent thousands of dollars on those clothing and shoes. I like to do a research how to change my mindset.

One video to watch 

Here is the video I choose to watch.

By thinking about purchases in terms of cost per hour.

To achieve a high savings rate, start viewing your purchases in terms of units of your time. 

I could not believe that I spent over $5,000 Canadian dollars on one trip to China for one month vacation. How can I spot the problem right away, and stop to spend money like crazy.