Wednesday, June 1, 2011

Great quote - Follow up to, 'not about lowest rate'

I was sent this quote today and it ties in so perfectly to previous posts about how it's not about the lowest rate out there, it's about the best product that suites your needs and not the lenders needs.

Here's the most recent post http://gitersos.blogspot.com/2011/05/its-not-always-about-lowest-rate-follow.html


"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 things it was bought to do.

The common law of business balance prohibits paying a little and getting a lot...it cannot be done.
If you deal with the lowest bidder it is well to add something for the risk you run.

And if you do that, you will have enough to pay for something better.

There is hardly anything in the world that some man cannot make a little worse and sell for a little cheaper, and the people who consider price only, are this man's lawful prey"
JOHN RUSKIN (1819-1900)

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