Blog Post 1

I think the comparison of saving money and debts to food and healthy eating makes these concepts easier to follow. Thinking of debts that must be paid off as treats might make it easier for others to understand the concept as well. It makes sense that when you eat a treat, you probably want to skip on another one for a while. The same goes for debt. You probably don’t want to rack up more money owed until you are able to pay off your initial debt. Once you do that, you are able to borrow more. In my opinion though this ideology is a bit flawed, as I would want to avoid debt at all costs. This would probably be the equivalent of eating healthy, without enjoying many treats. 
Along with this, I find the law of diminishing returns to coincide with eating in a interesting manner. The idea of eating for stimulation rather than hunger is something that many of us do, and the same goes for spending money. Eating the same thing over and over causes you to feel less of a need for that continuous stimulation. The same thing would occur while spending money. If you are constantly saving and only paying for the bare necessities, you will be much more likely to avoid spending on useless things.