If you need to buy an item that cost 1000 and you see one on sell for 750 you did save 250. Because you set out to buy this item and this item is something you need, it is something you can not live without.
You didn't save if you see a 1000 dollar item and go no way I buy one of those they cost to much. And than see it for 750. That is when you didn't save. Because you spent money on a item you didn't need. It was a want.
Unless you consider 1000 dollars to be too expensive but 750 to be a fair price. Not all items you need are items you CANT LIVE WITHOUT. For instance I'm a computer programmer and I could really use a new laptop, my current one being old, big, heavy and unefficient. Now assume I saw a model that would fit my needs, but it costs 1000, and I consider the performance not worth that, but rather along the line of 800, which would also fit my budget. So I don't set to buy it. Yet if next week it is on sale for 750 why would i NOT buy it?
But you were already thinking about buying it, so in that case, yes, you would be saving money. But say you don't need a new computer because the one you have is working perfectly, but you decide to update it anyways because "Hey, look! That's on sale", then it wouldn't be considered saving money. It's about whethere you were planning to buy the item or not before you saw the sale that makes the difference.
I believe more fairly speaking, one does spent 750. Despite that, whether 250 is saved shall depend on different presumption, situation and perspective.
-It really DOES save me $250 to make this purchase!
-I can't figure out why I don't have money to save or buy a house with. It must be the baby boomer generation's fault somehow.
You didn't save if you see a 1000 dollar item and go no way I buy one of those they cost to much. And than see it for 750. That is when you didn't save. Because you spent money on a item you didn't need. It was a want.
-I can't figure out why I don't have money to save or buy a house with. It must be the baby boomer generation's fault somehow.