Wednesday, August 29, 2007

Economics of being a geek

(this post isn't about running ... though I did get my workouts in yesterday [walk/upper-body] and today [another "faster" treadmill run])

My wife and I used to joke that I had an endless supply of toys I would want to buy in the $200 price range. She buys clothes, shoes, handbags, desk organizers, all kinds of stuff. But she buys it cheap, like "I got this tank top for 3 bucks" cheap. I, on the other hand, will go 6 months without spending any money on myself, and then turn around and declare I need a new video card for the computer, and it's going to cost $200.

What I noticed the other day, though, was that my little wish list had gotten more expensive. I now had an endless list of $3-500 things, and a few that cost more than that. My wish list video card isn't $200 any more, it's $400. My wishlist monitor is $500. I catch myself looking at a used casino-quality poker chip set at $440 and thinking it's affordable. I catch myself pricing 1080p projectors that cost 4x as much as 720p projectors. Etc.

Why?

Because I'm a geek. I research all kinds of crap. So when I read about something that costs $200, I can always find someone who can convince me that if I just spend $300, I'll be getting much better of a deal. And I know that if I can afford $200, I can probably afford $300, so ....

It's important to recognize this kind of thing. Because you don't need to be a geek about everything you spend money on. If I took the same approach I take to consumer electronics to, say, fashion, I'd probably be wearing $200 jeans instead of these Levi's I got on sale at Target for $20.

The fact is, sometimes the difference between $20 and $200 is night and day, and it's worth $200 to experience that. It's important to know when to stop that progression, though. It's important to know when to say no.

2 comments:

Tea said...

So....
I'm not into clothes and makeup and all that.

I'm not a geek.

But...I have a list a mile long of triathlon goodies. I try to space out my purchases, so Mr. Tea doesn't catch on to my addiction.

Dave said...

You can be a geek in any domain. Of course, long-term, it's much better to be a geek about athletic pursuits than, say, HDTV.