If you have been following me on Twitter you’d know that I attended a Cold Play concert earlier this week – Monday night to be exact. There’s something really cool about going out on a weekday, especially because I had to take-off from work much earlier than I would normally have left and we had the in-laws baby sit the kids for us. However the topic of this post is not the fun that my wife and I had – although the show was a blast – the topic of this post is the fact that the value of money changes with context.
You know for a fact that everything you can buy at a concert is going to be overpriced to a ridiculous degree, however I did not bat an eye when I paid $13 for a diet coke and some garlic fries. A glass of beer? $9. Really, really crappy pizza? $8 please. No problem at all sir, here’s the cash. However, I sometimes take minutes to figure out whether I should spend 99 cents on a cool iPhone application or to buy a new song. Why is that? It’s all about the context in which I am asked to spend the money. This is not a rational thing, after all, money is money regardless of how you spend it. What changes is my mindset. When I go out, or go on vacation my mission is to have a good time – I come prepared to spend the money. I throw frugality to the wind and laugh in the face of waste. Stupid? Yeah, maybe, but it’s a fact.
But there is some good news – on the way out of the concert we each got a free Cold Play CD. Very cool. My wife gave hers to the in-laws as a thank you gift and then quickly adopted mine. Justice.