To get yourself financially free, to make good investments and to get through life in a calm and relaxed manner – you should always seek value.
This applies equally to picking out your groceries at the supermarket, to buying a car, buying a house or an apartment, picking out investments for your future – and any other transactions you make through life.
So what do we mean by value, exactly? This may seem an obvious question with an obvious answer, but it isn’t. In fact, you could write a whole economic thesis on what does or doesn’t constitute value. But to simplify things, it means buying something at less than what you perceive to be its intrinsic value. This is not to be confused with simply buying cheaply.
The value feeling
You may already know the value feeling you get now and again when you’re in the market for something like a car, a house or something much smaller scale. You look at a few then you see what appears to be the ideal candidate – but it’s markedly cheaper than you would expect it to have been.