It most certainly is "easier" to not negotiate to get the best value for your money. Businesses love taking your money, especially if you give them extra. Hell, I like it when my customers do this too.
>For many people, the $10/order of rethinking prices isn't worth the hassle of 15 minutes and uncertainty in a less important decision.
I'm perfectly aware that people prefer not to actually think about their money. Hell, that's why credit cards are so popular. I'm saying though that whether they realize it or not, it is not in their best interests to value their few minutes of time over the money they have.
You're putting words into my mouth. Consumer debt is another thing entirely.
It's much more time efficient not to sweat every financial detail. Save time for the big ones. (Mortgage rates, negotiating cards, optimizing debt, making investment choices, etc)
"Not sweating" the small details is a big part of why we have consumer debt levels where they are.
The two are distinctly connected. People who are likely not worrying about an extra $5-$10 are likely not worrying about an extra $5K-$10K either. It's a mentality, not a number.
>For many people, the $10/order of rethinking prices isn't worth the hassle of 15 minutes and uncertainty in a less important decision.
I'll just put this here: http://www.bloomberg.com/bw/articles/2014-09-30/consumer-deb...
I'm perfectly aware that people prefer not to actually think about their money. Hell, that's why credit cards are so popular. I'm saying though that whether they realize it or not, it is not in their best interests to value their few minutes of time over the money they have.