The Cost-Benefit of Going Silver

The Cost-Benefit of Going Silver

Tags : Anne Kreamer cost-benefit Ellen Miller going gray going silver gray hair grey hair silver linings

Last week’s blog post brought up an interesting discussion on my Facebook page. I blogged about starting my journey down Silver Linings Lane and my friend Lynette Anderson Frantz, who has also chosen to go gray brought up a great point. She said, “I use the money I save from not coloring on pedicures. Love my pretty toenails.”

I am so glad Lynette brought this up because one of the resulting benefits of not coloring your hair is the money you will save … a true silver lining. This money can be channeled to a savings account or like Lynette chose … can be redirected to beautify another part of your body! For Lynette, it’s a win-win … she has silver sparkles on her head and pretty sparkly toes! I love it! Lynette’s comment really made me think about the amount of money I am saving. My high/low-lights could cost from $170 to $230 and I went approximately 4 times per year. At the top end that would be between $900/$1000 per year. Putting that money away and factoring in compounded interest is an idea that sparkles now and into the future! Or, redirecting that money towards yoga classes, hiring a functional training coach, or starting a new hobby would also be beneficial. I’m starting to look at my silver hair in a whole new way. It is a true cost-benefit to walk away from the chemicals and accept myself the way I am.

Let’s take a closer look at quantifying the cost of coloring your hair. I read a blog post by Ellen Miller on Angie’s List that quoted Anne Kreamer, author of “Going Gray: What I Learned about Beauty, Sex, Work, Motherhood, Authenticity, and Everything Else That Matters” as saying, “I did the math. In 25 years of coloring, I spent $65,000 on coloring,” Kreamer went on to say, “If I’d invested that in a college education for my daughters, that would have been awesome.” Hm. $65K? Wow! I’ve been highlighting my hair for a long time and I’m thinking about how much better the “money saved from coloring my hair” would look in an investment account with compounded interest right now! Ugh, why didn’t I see the light earlier?! At least I’m on the right path now … better-late-than-never to travel on Silver Linings Lane!

To that end, the pictures below are from January 2014 … three months into my journey down Silver Linings Lane. If you are thinking about going silver, what would you do with the money you saved from not coloring? I would love to hear from you in the comment section below!

Three months, no color (Jan 8, 2014)

Three months, no color – Jan 3, 2014