How Much?

It is unwise to pay too much, but it is worse to pay too little.

When you pay too much, you lose a little money, that is 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.

The common law of business balance prohibits paying a little and getting a lot. It can't be done. If you deal with the lowest bidder, it is well to add something for the risk you've run, and if you do that, you will have enough to pay for something better.

There is hardly anything in the world that someone can't make a little worse and will sell a little cheaper, and people who will consider price alone are this man's lawful prey.

People look for three things when they spend money. They look for the finest quality, the best service and of course the lowest investment. I've also found that no company can offer all three. They can't offer the finest quality and the best service for the lowest investment.

I am curious. For your long-term happiness, which of the three would you most willingly give up? Fine quality? Excellent service? Or the lowest price?