Re:Why Don't People Manage Debt Better?
by dagw on Friday February 19, 2016 @04:08PM
(#11136639)
You're assuming that 'food' is a single fungible commodity. Spending twice as much on food doesn't mean buying twice as much food, it could also mean buying better quality food and going to higher quality restaurants. I could easily both double and triple my current food spending without eating more or wasting food.
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Re:Why Don't People Manage Debt Better?
by squeaky-clean on Friday February 19, 2016 @04:57PM
(#11136947)
But taste/enjoyment isn't the only purpose of food. You're doubling enjoyment, but not doubling the utility.
If I gave you the choice of only eating $1 of Cup-Noodles every day for 30 days ($30 total), or one single $300 meal at a high class restaurant, and nothing for 29 days, which is the smarter choice?