Have you thought about the costs of maintaining hair? I have been maintaining a head of hair all my life, without complaint either, because good hair is a fabulous asset and always seemed worth the effort. But recently, with diminishing hair, I have been exploring the upsides of being hairless. One big upside, money savings! The economics of maintaining hair are appealing when you plot it all out. Take for example my hair maintenance routine (if I was being maximally careful... of course sometimes I stray off course and get a little hairier than I mean too, ha!).
Every six weeks:
Haircut (with tip) - $70
Eyebrow and lip wax (with tip) - $50
Brazilian or French bikini wax (with tip) - $75
Hair care products (shampoo, conditioner, gel, spray, etc.) - $35+
Annual maintenance: $1,690 ($195x8)
Annual product: $140 ($35x4)
Annual Total: $1,830
And if If you dye your hair you are looking at another $100 or so every six weeks, that's another $800 a year for a total of $2,630 annually on hair maintenance.
Let's say you maintain these high standard of grooming from the time you are 22 through 45 (just a general span, I know this is individual for everyone, and I expect hair maintenance will either decrease or increase as one enters their 50's, depending on your personal grooming philosophy). 22 years of haircare at the above level is a grand total of $42,090.
People, let's put that in perspective!!! That's enough money to buy a new luxury car, plus some new shoes! After all, the Mercedes has an average market price of $33,709, while the Lexus sells for an average $35,542. And your decent pair of Manolo Blahnik heels is around $800. Of course, for that price you could put a kid through most of a state-college university, or pay for a year or so of Harvard. $42,000 is enough so that many of us could retire a year earlier.
Or, you could take that money and invest it. If you get rid of your hair and instead start putting away the $1,830 you are saving each year, thanks to the power of compounding interested (and assuming a 10% average rate of return), in 23 years that money will be worth $151,977.27. Now that's something to be excited about!
Of course, I do recognize that we can't all just "get rid of our hair" and immediately save money. For those that loose all your body hair, you have some new expenses with tattooing eyebrows and maintaining your appearance (if you choose). And for folks like me who are only loosing the hair on our heads, we will still have those pesky eyebrow, lip, and bikini hairs to contend with. And of course shaving itself requires some minor investments. I assume there is the infrequent pair of clippers, razor blades, and lotion and sunscreen. But still, I can't imagine maintaining a sheered head of hair comes close to the cost of maintaining hair otherwise.
So while we might not be able to completely defer the costs of hair maintenance in our lives... it is still interesting to contemplate the economics of hair maintenance and loss. My new motto: Hairloss, it's not all bad. :)