John Ruskin: Pay Too Much

Posted by admin on Wednesday, January 25, 2023

Meaning of John Ruskin Money Quote: saying bad idea to waste money by overpaying for anything. John Ruskin said:
 
 
When you pay too much, you lose a little money - that's all. When you pay too little, you sometimes lose everything Quote
 

“It’s unwise to pay too much, but it’s worse to pay too little. When you pay too much, you lose a little money – that’s all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do” — John Ruskin

 

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John Ruskin is saying that it is better to pay a reasonable amount for something rather than too little. While paying too much means you lose a small amount of money, paying too little could potentially cost you much more. If you pay too little, there is a risk that the thing you purchased may not actually be able to do what you need it to do.

So Ruskin is advising that it is wiser to pay a fair price that allows the item to fulfill its purpose, rather than skimping on cost and finding out too late that it is incapable or inadequate for the task. In other words, he is saying not to prioritize saving a small amount up front at the risk of much greater losses down the road.

Birthday: February 8, 1819 – Death: January 20, 1900

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