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Others have added additional prices that must be paid after the fact for maintenance, and storage.

I'd offer another that has to be paid before the price in money:

Research cost.

Increasingly I don't need "things." I need the best/right "thing" for the job. And for hobbies or high cost/risk purchases (think car, house, big dollar contracts) I find I need to invest substantial time into researching my problem and then my options for solutions, which takes lots of my time. Because the cost of getting it wrong often means even more time, money, and headaches that I don't want to deal with, I sometimes find myself over indexing on the up front part to avoid the pain of getting it wrong.

In many cases the cost of time invested eclipses the cost of the object because the cost of the time to remedy it is more than the cost of replacing it.



This makes me think of how much time it can take me to find clothes that fit the way I really want them to fit. I thought about it when I almost lost my luggage the other day, that yes it would annoy me to lose that much money in the first price of the clothes, but how much time/energy did I put into the finding of those clothes?




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