When I was a young professional, my income was relatively low – substantially lower than it was even five years later. I knew that over time, my income would go up; my career path offered lots of opportunities for growing one’s wage and I was dedicated to my career.

So, like many young professionals, I justified a lot of overspending with the excuse that I would be earning a lot more in the future and could make up for my spending then.

This is a well-known economic concept called consumption smoothing. In a nutshell, Consumption smoothing means balancing out spending and saving to maintain the highest possible standard of living over the course of one’s life.

The big reason in favor of consumption smoothing is that it in theory balances between the two extremes. On one end, overspending means that you consistently spend more than you earn, while oversaving means that you consistently spend less than you earn.

My argument, early on, was that I should overspend while I was a young professional and that I would spend less than I earned later on when I was earning more. This would allow me to have the same quality of living now that I would have later.

There’s a big problem with all of this, though: life happens. Seven years ago, I was unmarried. Five years ago, I was childless – my wife wasn’t even pregnant yet. Three years ago, I lived in a tiny apartment. Two years ago, I had a full time job with a large organization. Heck, three months ago we didn’t know we had a third child on the way.

Beyond that, I’ve watched my friends pretty much stumble onto successful dot-coms. I’ve watched other friends come down with life-altering illnesses. I’ve watched friends fall in love. I’ve watched friends get divorced. I’ve watched friends discover children they didn’t know they had.

Consumption smoothing only works if you can exactly predict the way your life will go. And you can’t. Life is too unpredictable for that.

My philosophy is much simpler: just consistently spend less than you earn and save the difference. If you’re early in your career and not earning much, these should be your salad years. When your life changes – you’re earning more and you have more responsibilities – spend more.

Spending less than you earn and saving the difference provides a much more important kind of smoothing, what I’d like to call “risk smoothing.” If you have money in the bank, it’s a lot easier to take a risk and start a new business. If you have money in the bank, you are much more likely to roll through personal crises.

This isn’t a call to “oversave” – that’s unhealthy. Just consistently save some percentage of what you earn – you can figure out what works in your own life. Then, when you need it to take advantage of the great opportunities life hands you or to deal with the problems that come up, it’s there for you.

Or, you can sit at home with your 72″ television while lamenting the fact that you missed out on the opportunity of your dreams.

Many newer readers of The Simple Dollar haven’t been exposed to the hundreds of great articles in the archives of the site, so this is a weekly series that highlights the five best posts from one year ago this week, two years ago this week, and three years ago this week. I call it … the Time Machine.

One Year Ago (November 15-21, 2008)
Investing in Skills (or Fear of an Apocalyptic Economy) My basic argument here is simple. If you’re afraid of investing in anything out of fear of economic collapse, invest in yourself. Build some skills. Skills will always have value, no matter what the currency du jour is.

Christmas Inspiration from a Stick and a Cardboard Box This post reminded me of many of the great Christmases I had when I was a young lad. I would have more fun with the boxes than anything. I remember actually building an igloo out of one.

The Time of Your Life What was “the time of your life”? Why do you value it so much? There might be a useful lesson there.

Tap My 401(k) or Borrow From Family? This is pretty much one of those no-win situations. I had to dig deep to find a solution here.

On Hosting a Dinner Party Dinner parties are a great way to socialize. Here are some of my own tips on hosting a great one.

Two Years Ago (November 15-21, 2007)
The Personal Finance of Fear – And Why I Reject It I hate books that scream FINANCIAL ARMAGEDDON and encourage you to avoid DOOMSDAY. They peddle fear, nothing more, nothing less.

Seven Things You Can Do Right Now (Without Any Capital) To Get Started On Chasing Your Dreams Often, more than anything, it’s getting your head and your heart in the right place.

How Much Money Does Turning Off the Lights Really Save? More than I thought, by quite a bit. Turning off your lights really is worthwhile.

Dealing With Shame About Your Personal Finances (And Anything Else) Quite often, people are ashamed about some aspect of themselves or their lives. Never let shame drive what you do.

The Expenses of a Soda Pop Addiction – And How to Defeat It For me, soda is kind of like public enemy number one, at least when consumed multiple times a day. It’s expensive and it leads directly to frightening health concerns.

Three Years Ago (November 15-21, 2006)
The Value of Personal Appearance There is a lot of value in appearing well-groomed and neatly dressed, but some people take it to extremes and don’t think rationally about it.

Living on Half Your Monthly Income: Could You Do It? We’ve done it many months around here. It’s not as hard as you might think it is – in fact, it’s a pretty lofty and powerful but reachable

The True Cost of Generic Diapers This was before we discovered how powerful of a value cloth diapering was, but the principle still holds true. If you have a 10% failure rate on an item, it’s not worth buying it.

Saving on Home Decor: Self-Matted Photography I fully intend to start filling our home with more photography. We have a lot of great images that would work spectacularly to decorate our living room, our entryway, and our family room.

The Ten Second Rule If you’ve got an item in hand and are about to throw it in the cart to buy it or are about to carry it to the register, stop for ten seconds and ask yourself whether you really need it or if you can’t get a better overall value elsewhere. Quite often, the answer will convince you to change your mind.

If you’d like to browse through more of the archives, visit the chronology, where all posts are listed in chronological order.

Nine Ways to Get More out of The Simple Dollar
This is kind of a FAQ for new readers and is posted each week along with the Time Machine. Here are nine great ways for new readers to dig deeper into The Simple Dollar.

1. Subscribe by email or RSS. Visiting The Simple Dollar’s website is great, but for many people, it’s more convenient to receive the articles in another form. It’s easy to join 60,000 other subscribers and get The Simple Dollar’s content by email or in your RSS feeder (if you’re unfamiliar with RSS, check out Google Reader.

2. Comment. Each article on The Simple Dollar has lively discussion. Just click on the green square in the upper right of each article on the website and join in!

3. Read my story of financial meltdown and recovery. The Simple Dollar isn’t based on what I’ve read in books or learned in school. I’ve made a lifetime of financial mistakes – The Simple Dollar is a record of what works for me during the process of getting my life on a better track.

4. Download my free 49 page e-book. Everything You Ever Really Needed to Know About Personal Finance On Just One Page is completely free. It summarizes all of the key lessons I’ve learned along the way about personal finance in one tidy package – in fact, all of the main principles can be found right on the cover.

5. Follow me on Twitter – or other social networks. I post tons of interesting articles, quotes, follow-up material, commentary, and other material on Twitter. Follow me! If you’re unfamiliar with Twitter, it’s essentially an open discussion forum for people to share ideas and thoughts with other like-minded folks – you just choose the people you want to listen to and their ideas and thoughts are all delivered to you on a single page.

I also participate on several other social networks. Feel free to check me out on del.icio.us (it’s where I collect links, from which I select the ones that appear in my weekly roundups), wakoopa (what software I use), GoodReads (what books I’m reading), Facebook, and FriendFeed (which aggregates everything). I also have an irregularly-updated personal site, TrentHamm.com.

6. Dig through “31 Days to Fix Your Finances.” 31 Days to Fix Your Finances is an article series that outlines how you can get a grip on your finances over the course of a month.

7. Send me your questions and suggestions. Send me an email and let me know what you’re thinking, what you’d like to see, and any questions you might have. I try to respond to as many emails as possible and I read them all. I may even use your question in a future article!

8. Become a “Friend of The Simple Dollar.” If you find the stuff on The Simple Dollar valuable and are willing to spend five minutes or so a month to help me out with small things, please consider signing up to be a “Friend of The Simple Dollar”.

9. Email a great article you find to a friend. Find an article that you think your friend would love? At the bottom of each article, you’ll find a link that says “Email this” – just click on that, type in your friend’s address, and send it right along to them!

Yesterday, I read a fascinating research paper by Stacy Berg Dale and Alan Krueger (you can read the abstract here) which offers up a surprising result. In a nutshell, once you take a student’s pre-existing talents into account (as shown by standardized test scores), the school they attend has almost no impact on their lifetime earnings. In other words, a student’s natural talents lead to career success, not going to the right school.

That’s not to say that students who attend a more selective school don’t earn a higher salary – they do. However, it is the selectiveness that causes the higher income, not the exceptional quality of that school’s education.

What does that mean for saving for our children’s education?

First of all, it shows that setting your children up for success comes much earlier than we might think. Challenging them and encouraging them to solve problems on their own during their earlier years and providing opportunities for them to grow and learn when they’re young sets them up to be ahead of their class during their secondary school years – a lead they’re likely to maintain no matter what they do.

Second, it reinforces the notion that it’s more important for a parent to save for their own retirement than for a college education. Remember, a college education can always be covered with scholarships and loans, but there aren’t loans that will pay for your retirement.

Third, it doesn’t deny that getting into a good school is a wortwhile goal. If a student’s goal is to get into an Ivy League school, the work you’ll have to do to get there – pushing yourself hard in school, involving yourself in intense extracurricular activities – will themselves create the foundation for success in a student’s life.

Here’s the key message behind that paper: if you’re making a choice to spend less quality time with your kids so that they can afford to get into a good school, you might be making the wrong choice. The school doesn’t make the kid – the kid makes use of the school. While quality time and effort are never a guarantee of such success, they’re certainly a strong step in the right direction.

It’s not the school, it’s the student.

Over the past few weeks, I’ve heard this question several times from various people who find me on their Christmas gift list this year. I’m guessing they’re all thinking more or less the same thing: what do you get for a guy who doesn’t really want anything? So they ask me, and then I’m left with that difficult question to answer.

Frugal people are often the hardest to buy winning gifts for. Quite often, frugal people don’t want things that don’t have obvious utility or that don’t match their tastes well – it’s just “stuff” that takes up space. At the same time, they don’t often go for the obvious gift stuff, either – they really don’t need another tie or so on.

So what’s a person to do if they’re going to buy a gift for a frugal person? At the same time, what kind of sane answer can I give in response to that question?

Over the last few years, these questions have confronted me face to face many times. After some careful consideration (both for my own purposes and for The Simple Dollar), I’ve come up with a handful of general guidelines that will help in purchasing gifts for any frugal person – or might help a frugal person come up with gift ideas.

Focus on core passions. Get to know the person you’re buying for. What are they passionate about? What do they spend their free time doing? For me, the answers are pretty easy – I read, I write, I cook, and I play games with friends. So, for me, books are a good idea, as are nice notebooks. Good kitchen items are good, as are quality food items (like great cheeses). Board games are also good.

If you don’t know what specific item to get, get a passion-focused gift card or gift certificate. For example, a gift card for me to Barnes and Noble or Williams-Sonoma or Funagain Games wouldn’t be a bad idea. Why? This lets the person indulge in what they’re passionate about without feeling guilty about spending their hard-earned money on something extraneous.

Buy a single quality item instead of several of lower quality. Frugal people value things that are well-made and that will stand the test of time. Get a frugal person one good gift instead of three low-quality ones. Get them one good knife instead of a block of mediocre ones.

Consumables usually work. If you know a frugal person who likes chocolate, get that person a few bars of really good chocolate. If you know a frugal person who likes cheese, get them a chunk of Maytag Blue. If you’re gifting a beer loving frugal person, get a six pack from your local microbrewery – or if the person likes wine, go to a local winemaker.

A high quality food item in line with their tastes is usually quite enjoyed for several reasons. For one, it’s an indulgence they would likely not spend their money on. For another, it’s not yet another item that takes up space in their home because it’s consumed.

Avoid stuff that isn’t obviously useful or isn’t in line with their core values. Frugal people are often utilitarians, which means they don’t see great value in items that don’t fulfill a specific need or a specific use in their life. Avoid the kinds of gifts that rely heavily on aesthetic appeal unless you intimately know their aesthetics. If you miss their aesthetics, you’re just going to give them a gift that frustrates them.

In general, these are good gift-giving strategies for most people. The real core of the message here is to simply put a bit of thought into the gifts you give. “It’s the thought that counts” is often said tritely, but it’s really true: a little thought at gift-giving time goes a long way.

By this time next week, most Americans will have gathered with friends and family and eaten the traditional Thanksgiving meal. I’ll be gathering for three separate Thanksgiving dinners during this holiday weekend.

Quite often, I’ll see people spend exorbitant amounts of money on lavish Thanksgiving spreads. While I completely understand the reason for doing this – often, it’s the one time in the year that we can gather around one table with a lot of people we love – there’s still a lot of simple things we can do to reduce the financial outlay and the stress of the meal without reducing the quality of the day in any way (and often improving it). Here are ten ways to do just that.

Cook and slice the turkey on Tuesday. What? No beautiful turkey on the table? Whatever will we do? In truth, though, the turkey on the table during Thanksgiving dinner often results in lots of problems: it keeps someone away from the meal because they’re carving the bird, the bird is often dry because it hasn’t had a lot of time to rest, and the finished bird often arrives later than expected, delaying the whole meal and often reducing the quality of the other food. Solve all of these problems by cooking the bird on Tuesday or Wednesday, slicing it at your own pace, then putting all of the meat on a platter along with all of the juice and a few pats of butter. Cover the serving platter and put it in the fridge, then just turn on the oven (or the electric roaster) on Thanksgiving to thoroughly warm the meat.

Use nature for your decorations. During the weeks leading up to Thanksgiving, there are thousands of colorful leaves all over the place, free for the taking. Be picky – go outside and look for some nice, clean, colorful leaves. All you need is a plain tablecloth and a row of colorful leaves sprinkled down the middle to create a very festive setting.

Get the slow cooker into the act. Many Thanksgiving side dishes can easily be prepared in a slow cooker. Slow cookers consume less energy and quite often can be used in a “fix-it-and-forget-it” mindset. It’s the perfect tool to make cranberry sauce, for example.

Be creative with your Thanksgiving dinner leftovers. By the third day, turkey sandwiches start to get tired. Instead of allowing that to happen, share some of your extra food with people in need (for example, make a couple plates of food for shut-ins you know and deliver the plates) or make something interesting, like kugel or tetrazzini, out of the leftovers.

Round up when you estimate. I’ve been to two different Thanksgiving dinners in the past three years where there was just barely enough food to make ends meet for the number of guests (to put it politely). People showed up bringing unexpected dining companions and estimates for how much each person would eat were strangely low. Don’t fall into that trap. Estimate high, but estimate realistic. After all, you can always eat leftovers, but you can’t undo unhappy guests.

Don’t be afraid of potlucking it. Ask your guests to bring a dish or two with them so that you can focus your time, energy, and money on a few key dishes. Most people are quite willing to help (provided, of course, that they’re not coming from out of town).

Save the bones. Seriously. Put the entire carcass in a large Ziploc bag and save the bones and small pieces of meat for a day or two. Then, take all of the leftover vegetables (potatoes, corn, non-glazed carrots, etc.) and the carcass, stick them all in a crock pot, then add enough water to just cover the bones. Turn it on low overnight (this is perfect to do on Saturday evening after Thanksgiving). Then, in the morning, save the liquid. What will you do with this delicious turkey broth? Freeze it (along with a pound or two of leftover diced turkey meat). Then, in a few weeks, use it as the base for an amazing soup – just add vegetables and/or dumplings to the stock and the turkey (along with perhaps a bit of water to thin it).

Have appetizers. Inexpensive appetizers – like a selection of vegetables – helps people keep the edge off of their appetites and keeps them from over-eating during the main meal. Not only does this make the overall meal more healthy, it often makes it cheaper, since a vegetable tray can be really inexpensive. Much like the turkey, this can also be assembled the day before.

Don’t try to “impress” with your wine. There are countless great wines under $10 (here are five of my favorites from a few years back). Don’t feel the need to buy an expensive bottle of wine to impress anyone. Just stop by your local wine and liquor store and ask for a low-cost full bodied wine for the Thanksgiving table. They’ll be happy to point out something great for you.

Save your recyclable containers for leftovers. Instead of just tossing large containers of items like margarine or whipped topping, save the containers. Then, on Thanksgiving, fill the containers with leftovers and give them to your guests. There’s no responsibility at all for them to return the container and it gets an extra use out of the items that would normally be tossed.

Recently, I was reading a great article at The 99 Percent entitled The 40-30-30 Rule: Why Risk Is Worth It. I originally intended to include it in my weekly roundup, but as I thought about the 40-30-30 idea, I found that the connections to careers, personal finance, and life were profound.

What is the 40-30-30 rule? Simply put, it’s an argument that when you prepare for anything in life, only 40% of the preparation is physical – the rest is mental. Thirty percent of preparation is technical skill and experience, and the second thirty percent is the willingness to take risks.

This “rule” comes up again and again in all different areas of life. Here are several examples from my own life where I’ve seen it.

When I’m playing a game I’ve played a lot of times before, I have an intuition as to what move to make next, built from years and years of experience (the 30% that comes from technical skill and experience). However, I also find that it’s very easy to just keep using the same strategy over and over again because I’ve somehow come to the conclusion that it’s the best one. So, if I combine that technical skill and experience with a risky new strategy I’ve devised (the other 30%), I might lose – but I might also devise a way of playing that’s even better.

With investing, I have a good understanding of my own risk tolerance, an understanding built up over a long period of time (the 30% that comes from experience). Howver, I also know that if I don’t push against my risk tolerance a bit and look at new investment opportunities from time to time (the other 30%, risk), I’ll likely miss out on great opportunities.

I also see it in my career, both now and when I worked for a large organization. I would often have a well-worn daily routine that worked and got the things done that I needed to get done (the 30% that comes from experience), but if I really want to excel, I sometimes have to step outside the box a little (the risk-based 30%).

The 40/30/30 rule really does provide a great framework for success, no matter what you do.

Do something worthwhile (the first 40%) means that you’re willing to get up off the couch and do something. Maybe it’s getting ahead in a career. Maybe it’s getting into a new hobby. Maybe it’s simply getting a grip on your investments. 40% of the journey is simply trying.

Keep at it (the next 30%) is simply encouragement to not let a new initiative slide, because the more you work at it, the easier it becomes. Even more important, the more you work at it, the more the basic skills that make up the task begin to become natural to you.

Take risks (the final 30%) simply means to not do things the same way every single time. When you’ve become skilled at something, it’s easy to become wedded to the same routine. Never stop looking at what you do and trying out alternate paths. Not only does this grow your skills (making your basic routine even better), it also helps you to uncover new ways of doing things.

Great… so how do you do this? How can you apply the 40/30/30 rule in your life? The best first step is to figure out the area of your life where you want to improve. Do you want to get out of debt? Do you want to improve your skill at a musical instrument? Do you want to get a promotion at work? Do you want to become a writer?

Once you’ve figured out what you want to do, research it a bit. Figure out what things you’ll need to do to accomplish that goal.

After that, start practicing and building skills. The best way to do that is to start doing the thing you want to master every single day. For me, a thirty day project works well for this. I just commit to doing a certain thing every single day for thirty days (if that’s possible). At the end of it, I’ve usually vastly improved at whatever skill or attribute I was trying to develop.

Quite often, thirty days is enough to establish a positive new routine in your life, so keep it up. Keep doing that thing every day until it becomes truly normal and seemingly effortless.

Then, take a risk. Change what you’re doing a bit. Make it more difficult, or at least different. Explore something new. If you’re taking a walk every day, increase your walking pace a bit and use a stopwatch to slowly trim your time around the block. If you’re trying to break through at work, volunteer for a task that you might have avoided before, like giving a presentation. If you’re playing a game, try a completely different strategy and see how it works. If you’re investing, dig into some new investments that you haven’t looked at before and consider putting some money into them after you’ve studied them.

What you’ll find is that your already-built skill will help carry you through this new challenge and that the rewards of this new risk are great. You end up in better shape, with a better career, with a better gaming experience, and with better investments – or with improvement in anything you’d like to take on in life.

Whenever a personal finance writer – or a writer of any kind – wants to make a bold, shocking point, they’ll often pull out an “average” of some set of numbers. That average, when read without further investigation, is often really shocking. Could that really be true? Here are some examples.

The average square footage of single-family homes under construction fell dramatically, from 2,629 in the second quarter to 2,343 in the fourth quarter. (from USA Today)

The average credit card debt per household — regardless of whether they have a credit card or not — was $8,329 at the end of 2008. (CreditCards.com statistics)

The average 401(k) fell 27% in 2008. (MSN MoneyCentral)

Those numbers seem fantastic. I grew up in a home that had about 800 square feet and currently live in a home that feels huge to me at times and is just shy of 2,000 square feet. The average home has over $8,000 in credit card debt? That’s well over $100 a month just in interest!

However, if you start teasing those numbers apart a little, a few interesting truths reveal themselves.

Let’s look at the first one. The average new home has 2,343 square feet in floor space. Well, let’s assume that one in five homes is a 7,000 square foot McMansion. That means that four out of five newly built homes are just 1,200 square feet. In other words, if you lined up all of the houses that were built in the last year side by side ranked by their size and chose the one in the middle, it would be far less than 2,400 square feet.

How about the average credit card debt? Again, the huge ones skew the average. If you have three homes with no credit card debt, one with $10,000 in credit card debt, and one with $30,000 in credit card debt, the average credit card debt of those homes is $8,000 even though three out of five of the homes have no debt at all. The facts back this up – the majority of American homes carry no credit card debt.

That third one is also interesting. The average 401(k) fell 27% in 2008, yet the stock market (as judged by the S&P 500) dropped 37%. What does that mean? Lots of investors out there didn’t have all of their eggs in the stock market basket.

Whenever you hear a news report or read an article where someone quotes an average, you should get your guard up because there’s a solid chance that a skewed story is being presented.

How is it skewed? Quite often, when we hear “average,” we compare our situation to that number. Yet, as we’ve seen above, the vast majority of people are often well under (or in some cases over) that average. That average is misleading, and if we compare our own situation to that average and use it as guidance for moving forward, we can often mislead ourselves.

How can you figure out the real story? One big first step is to look at the exceptional people on either end. Take the house square footage example. The biggest houses built would be over 10,000 feet, while the smallest ones would be around 1,000 square feet. Then, look at the average. The end that the average is closest to is where most of the people actually are. After all, if there are 9 people building 1,000 square foot homes and 1 person building an 11,000 square foot home, the average is a 2,000 square foot home – but none of them are actually building a 2,000 square foot home.

Good luck.

Andre writes in:

I’m interested in replacing a piece of home audio equipment that is experiencing occasional malfunctions, but works OK most of the time. The receiver I’m looking at costs $500 on Amazon. I’m a little conflicted. The more frugal side of me says to not even buy it. Make do with the broken receiver until it’s completely unusable. The less frugal side says to save up for it and buy a new one. That sounds perfectly logical and responsible. Save for a few months, instead of putting it on my credit card. The receiver I’m looking at is highly-rated and is considered a great buy for the price, according to CNet. I’ve done research and think this is a good value for what I’m getting, compared to other similar items. I feel like I’ve done everything right but still feel a little guilty in thinking of buying it.

This is one of the biggest challenges for a frugal person. When is it appropriate to just “make do” with what we have on hand, and when should we bite the bullet and buy a replacement? And when we do, is it appropriate to buy a high-end replacement, or should we just go for the best bang for the buck every time?

I think both questions come down to the same key factor: how truly important is this item to your quality of life?

Let’s look at Andre’s case. Let’s say Andre is a serious audiophile. Every evening when he comes home from work, he puts on a series of jazz albums that play all evening at his house while he reads, works on personal projects, and does housework. Perhaps Andre is even a musician himself. The music is one of his biggest passions in life – he can’t imagine an evening without that soundtrack to his life playing.

If that’s the case, Andre should maintain his home audio equipment. He should save up for that replacement component and he should buy a high-quality one that meets his needs.

On the other hand, let’s say Andre listens to his audio system once a week at most. He turns it on when there are guests over and perhaps he’ll turn it on on a lazy Saturday afternoon, but other than that, it sits there silent. He enjoys music, but it’s not his life’s passion.

If that’s the case for Andre, he should make do with what he has and, when it breaks, get a “bang for the buck” replacement for it.

I think this is largely true for everything in life. All of us have a few key central passions. Once you know what those passions are, it’s completely fine to spend a little more on it, provided you can afford it and can save for it.

The problem with overspending comes in when we begin to overspend on areas that are less important to us. For example, if Andre wasn’t passionate about music but he still convinced himself to drop hundreds/thousands of dollars on his home audio system, that’s probably a misuse of money. If he’s not deeply in love with the driving experience, dropping thousands extra on a luxury car probably isn’t a good use of money.

I’ll use myself as an example. I’m passionate about cooking at home. A big part of that for me is getting great, fresh ingredients. Thus, I’m willing to spend quite a bit more to get great ingredients. I don’t feel bad when I spend $30 on cheeses or I buy organic fresh produce or when I replace the old casserole I had in college with a top-notch French oven.

On the other hand, I don’t value having a perfect living room set. I’m more interested in something that’s simply comfortable. So I don’t go out and spend a ton of money replacing our living room set all of the time. It’s just not something I value beyond the minimum function of it.

In the end, I have about three or four key passions in my life that I don’t feel bad spending money on if I can afford it easily. Outside of those passions, I’m as tight as a drum.

Andre, the answer to this question really comes from you. How much do you value the audio listening experience? Is it something that’s central in your life, or is it just something on the periphery? That alone will provide the guidance you need.