It is unwise to waste your money on frivolous items
Grace just got her paycheck and after paying bills, has some extra cash left over that's she's undecided on how to spend.
Grace wants to decide what to do with her money.
Grace deposits the money in her savings account for a potential emergency.
Grace decides to buy a pair of Kanye West designed shoes she doesn't really like, but wanted to buy something.
Grace now has security knowing that if something were to happen, she has some money to fall back on.
Grace feels wasteful after the shoes sit in her closet for months.