I was at my brother’s 40th birthday celebrations at the weekend. As the evening drew in and the beers were flowing, as happens at important milestones in life, you begin discussing what really makes the world go round and what is important in life.
Of course the first point that came up was happiness. About being happy in the moment and leaving those you meet happier than when before they met you and giving back more to the society than you take from it. Money was not mentioned and nor was keeping up with the Jones’s next door which often comes up in research focus groups. I was surprised the money point was not mentioned so raised it. My brothers’ friend Dave laughed. Apparently he has a neighbour they call ‘Money-Super-Moron’, this is his story;
Money Super Moron (MSM) spends weekend after weekend searching online for the best deals on anything he is looking at purchasing. My brother’s friend knows this because their raised garden means they can easily see into the neighbour’s conservatory where the computer is and because the MSMs kids are always round his house because their Dad never ‘has time’ to play with them.
Dave said that recently MSM was looking for travel insurance deals. He apparently spent all morning shopping around for the best deal while Dave, his kids, MSM kids and other neighbours went to the park to play cricket. Everyone returned from cricket for lunch and an afternoon of den building. Everyone except MSM. In the afternoon they heard him ranting on the phone. The insurance he’d bought, whilst cheap, didn’t cover what he needed so he was trying to get it sorted.
So Dave spent time in his garden. Dave put smiles on his own children’s faces and made his neighbour’s children smile too. Dave returned to work on Monday feeling like he’d had a decent fulfilling weekend. MSM bought travel insurance he didn’t want, albeit a few pounds cheaper, and drove the wedge of resentment between him and his children even deeper.
So whose so moneysupermarket now?
There are many causes which have created this warped sense of what’s most important in life. And to blame a comparison site or Martin Lewis alone is unfair.
Everyone has a different register of what’s valuable to them. If for MSM, and his type, saving a few beans is more important than quality time with his family, so be it. This is largely influenced by where you come from, where you have got to, where you want to get to and your surrounding influences. To the uber rich, truth is the most valued commodity. But to the poorest in society hope is a valuable commodity. There’s no fixed answer.
When I said to my wife recently that we’d need to consider travel insurance for our forthcoming family holiday to Turkey my wife reminded me we are covered under the package with her Nationwide bank account. And that’s as long as our search took. Two things raced through our minds (without us aware they did) in those few seconds:
- We trust it will be good enough cover for us because it’s from Nationwide, a brand who have always done right by us
- If there is a like for like cheaper policy out there from a brand we equally trust, why would we waste time to find it and set it up when we could be doing more meaningful things in life
Time is our most precious asset so ‘bundled accounts’ work for us.
MSM types might think they are smart and savvy. Marketing departments may label them as such too. But I think given the MSM experience, I suggest knowing where to invest time to get the most meaningful fulfilment is the true definition of smart and savvy.
With that in mind, I’m returning to the garden!
Posted by Christopher Brooks, Customer Experience Strategy & Director at Lexden
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