I got this link in my inbox today from my Vanguard retirement account.
Why So Many Americans Are Broke. I didn't think it was a great article. I especially thought point #3 was crazy. First of all the research was from 1981. Couldn't they find anything more relevant, I mean gas is $3 a gallon now. They expect me to drive 20 minutes to save $5? Besides the gas, my time is worth more than that. Maybe if I had other errands in the same area, but I don't want to make a special trip.
I kind of have the same dilemma right now. I want a $19 RV sink that is located 45 minutes away. I could make do with a single bowl sink for $25 and buy it close by but I really want a double bowl sink so I am waiting until I can combine the trip with another errand on that side of town. I have to wait until Sunday but I don't have an immediate need for the sink (other than I just WANT IT NOW). If it was just the $5 savings ($6 in this case), I wouldn't drive all that way. But because it is a hard to find size plus a good price, I am willing to drive across town.
Besides the amusing article from my retirement fund, I also checked my balance and was pleased to see that it was only $500 away from it's peak back in 2007. Hopefully it will keep gaining and make up for the last 2 pitiful years.