Penny Wise, Pound Foolish

I once had a wise boss. He was a gentleman, firm but considered. He told us not to save on trivial things which would cost more in the future.

I totally agree on this, especially on things intended to use for a long time.

But there are also some things which I try to squeeze every last cent out of. Like skimping on car parking coupon.

This afternoon, I walked across the street to get the best milk tea in town after finding a nice parking lot. This is a hot spot where parking attendant would regularly inspect.

Yesterday, I almost had a summon if not for my wife, who asked me to check on the situation outside. Just as the parking attendant was about to issue the ticket, I hurried over and drove the car away. She was nice enough to spare me.

But not this time.

When I came back 10 minutes later, I found a ticket on my windscreen. $40. If I had put a coupon, it would only cost me $0.40. That’s a difference of 100 times.

For a stubborn person like me, I guess this is the time it really registered. Don’t be penny wise, pound foolish.