{"id":506567,"date":"2023-05-15T16:00:33","date_gmt":"2023-05-15T20:00:33","guid":{"rendered":"https:\/\/erickimphotography.com\/blog\/?p=506567"},"modified":"2023-05-15T16:03:52","modified_gmt":"2023-05-15T20:03:52","slug":"ultimate-versus-relative-pricing","status":"publish","type":"post","link":"https:\/\/erickimphotography.com\/blog\/2023\/05\/15\/ultimate-versus-relative-pricing\/","title":{"rendered":"Ultimate versus relative pricing"},"content":{"rendered":"<p>For example, we don\u00e2\u20ac\u2122t blink when we think of spending 30,000, 40,000, 50,000, 60,000, 70,000, 80,000, 90,000, or even $120,000 on a car.<\/p>\n<p>For homes in houses, especially if you live in California, Southern California or the Bay Area, we don\u00e2\u20ac\u2122t really blink about spending $1.3 million on a home.<\/p>\n<p>Yet, we seem reticent to spend too much money on meat, etc.<\/p>\n<p>We also seem reluctant to spend money on health and fitness.<\/p>\n<p>Maybe the mental fallacy we have when it comes to money is that we think of the price of things, relative to other things within the same segment.<\/p>\n<p>However, perhaps the wise thing to do instead is to think of the price of everything, all compounded together.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For example, we don\u00e2\u20ac\u2122t blink when we think of spending 30,000, 40,000, 50,000, 60,000, 70,000, 80,000, 90,000, or even $120,000 on a car. For homes in houses, especially if you live in California, Southern \u2026<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_ek_photo_artist_note":"","_ek_photo_thesis":"","_ek_photo_camera":"","_ek_photo_place":"","_ek_photo_human_moment":"","_ek_photo_sequence":"","_ek_photo_question":"","_ek_photo_canonical_claim":"","_ek_photo_ai_summary":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[17],"tags":[],"class_list":["post-506567","post","type-post","status-publish","format-standard","hentry","category-posts"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/506567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/comments?post=506567"}],"version-history":[{"count":8,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/506567\/revisions"}],"predecessor-version":[{"id":506576,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/506567\/revisions\/506576"}],"wp:attachment":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/media?parent=506567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/categories?post=506567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/tags?post=506567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}