"Price is what you pay. Value is what you get"

This quote by Warren Buffett is a reminder that when making a purchase, it is important to consider the worth of the item instead of simply the cost. Price is simply the amount of money you spend for something, however worth is the advantage or complete satisfaction you obtain from it. For example, if you purchase an automobile for an affordable price, yet it breaks down often, the value of the auto is low. On the various other hand, if you acquire an automobile for a greater rate, however it runs well and lasts a long period of time, the worth of the auto is a lot greater. This quote encourages us to think past the price tag and also consider the value of what we are acquiring.