The Flyer
By Propel Financial Advisors
Welcome to the Propel Financial Advisors Blog. Stay informed with the latest insights, expert advice, and updates on financial trends. Our blog is designed to educate and empower you with valuable information on investments, financial planning, market analysis, and more.
Cheapest is Not Always Best
Have you ever walked into a store looking for a specific product and find a few different options? You may opt for the cheapest option because it will probably work just as well as the more expensive one. When our CPA Emily Agosto worked at a hardware store as a teenager, she saw many customers face this choice. Her store offered two hammers for sale: a cheap store brand and a superior, albeit more expensive, brand. Which one did customers typically buy? If you guessed the cheap one, you’re right. They figured the cheap hammer would get the job done for what they needed to do. After all, how much difference could there be between hammers?