Consider the Cost Per Use When Planning a New Purchase
When we purchase something and use it frequently we comment that we "got our money's worth" out of it, as the cost-per-use has plummeted. Weigh the frequency of use against the purchase price when considering if something is worth buying.
Photo by Joe Marinaro.
Financial blog Personal Finance by the Book highlights how cost-to-use analysis plays out in different situations. For example, when purchasing a new vehicle it makes little sense to pay extra for features that are infrequently used:
Should you pay an extra $5,000 for that 7 passenger car? It depends on how often you actually need those extra seats for the life of the vehicle. Obviously, if you have a family of seven you need all the seats you can get, but if you only use those extra seats one week a year for your annual vacation, you are paying $1,000 for each of those weeks (assuming you keep your vehicle five years). Because a seven passenger mini-van rents for about $500 a week at Enterprise, you may be better off saving your $5000 purchase price and renting that 7 passenger vehicle when you need it.
Check out the full article at the link below for more examples and tips for applying cost-per-use analysis to your purchases.
Conduct a Financial Fire Drill to Assess Financial Health
We conduct fire drills to ensure fire warning systems are functional and that building occupants know what to do in the event of a fire-related emergency. Apply that same type of stress test to your money with a financial fire drill.
Photo by Steve Snodgrass.
Finance and frugality blog Frugal Dad urges us to take stock of our financial health by conducting a financial fire drill. Just like a real fire drill helps you run through a dangerous scenario without risk—"Who put the file cabinets in front of the fire exit?"—a financial fire drill shows you how effective your escape routes are and how big your safety net is.
You'll need to gather up all your bills, take stock of your savings and emergency fund, and head over the Frugal Dad to run through their financial fire drill checklist—which includes great tips like making a slash-and-burn list of non-essential services you can cancel the minute you get laid off or in other financial trouble.
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Michelle Malkin » Sen. Rockefeller: One-Man Cable <b>News</b> Death Panel
Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...
<b>News</b> Corp developing a tablet-exclusive publication
News Corp Logo Reuters is reporting that News Corp, the world's third-largest media conglomerate, has confirmed they will be releasing a news publication developed specifically for tablet computers like the iPad. "It's a tablet-only ...
Brad Friedman and Desi Doyen: Green <b>News</b> Report: November 18, 2010 <b>...</b>
IN 'GREEN NEWS EXTRA' (see links below): Tea Party: Smart development is really a global conspiracy; EPA: Major US cities violate lead standards; UN, World Bank say act now on climate change or pay much more later; Illinois Spending $2M ...
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Consider the Cost Per Use When Planning a New Purchase
When we purchase something and use it frequently we comment that we "got our money's worth" out of it, as the cost-per-use has plummeted. Weigh the frequency of use against the purchase price when considering if something is worth buying.
Photo by Joe Marinaro.
Financial blog Personal Finance by the Book highlights how cost-to-use analysis plays out in different situations. For example, when purchasing a new vehicle it makes little sense to pay extra for features that are infrequently used:
Should you pay an extra $5,000 for that 7 passenger car? It depends on how often you actually need those extra seats for the life of the vehicle. Obviously, if you have a family of seven you need all the seats you can get, but if you only use those extra seats one week a year for your annual vacation, you are paying $1,000 for each of those weeks (assuming you keep your vehicle five years). Because a seven passenger mini-van rents for about $500 a week at Enterprise, you may be better off saving your $5000 purchase price and renting that 7 passenger vehicle when you need it.
Check out the full article at the link below for more examples and tips for applying cost-per-use analysis to your purchases.
Conduct a Financial Fire Drill to Assess Financial Health
We conduct fire drills to ensure fire warning systems are functional and that building occupants know what to do in the event of a fire-related emergency. Apply that same type of stress test to your money with a financial fire drill.
Photo by Steve Snodgrass.
Finance and frugality blog Frugal Dad urges us to take stock of our financial health by conducting a financial fire drill. Just like a real fire drill helps you run through a dangerous scenario without risk—"Who put the file cabinets in front of the fire exit?"—a financial fire drill shows you how effective your escape routes are and how big your safety net is.
You'll need to gather up all your bills, take stock of your savings and emergency fund, and head over the Frugal Dad to run through their financial fire drill checklist—which includes great tips like making a slash-and-burn list of non-essential services you can cancel the minute you get laid off or in other financial trouble.
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Michelle Malkin » Sen. Rockefeller: One-Man Cable <b>News</b> Death Panel
Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...
<b>News</b> Corp developing a tablet-exclusive publication
News Corp Logo Reuters is reporting that News Corp, the world's third-largest media conglomerate, has confirmed they will be releasing a news publication developed specifically for tablet computers like the iPad. "It's a tablet-only ...
Brad Friedman and Desi Doyen: Green <b>News</b> Report: November 18, 2010 <b>...</b>
IN 'GREEN NEWS EXTRA' (see links below): Tea Party: Smart development is really a global conspiracy; EPA: Major US cities violate lead standards; UN, World Bank say act now on climate change or pay much more later; Illinois Spending $2M ...
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Michelle Malkin » Sen. Rockefeller: One-Man Cable <b>News</b> Death Panel
Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...
<b>News</b> Corp developing a tablet-exclusive publication
News Corp Logo Reuters is reporting that News Corp, the world's third-largest media conglomerate, has confirmed they will be releasing a news publication developed specifically for tablet computers like the iPad. "It's a tablet-only ...
Brad Friedman and Desi Doyen: Green <b>News</b> Report: November 18, 2010 <b>...</b>
IN 'GREEN NEWS EXTRA' (see links below): Tea Party: Smart development is really a global conspiracy; EPA: Major US cities violate lead standards; UN, World Bank say act now on climate change or pay much more later; Illinois Spending $2M ...
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Consider the Cost Per Use When Planning a New Purchase
When we purchase something and use it frequently we comment that we "got our money's worth" out of it, as the cost-per-use has plummeted. Weigh the frequency of use against the purchase price when considering if something is worth buying.
Photo by Joe Marinaro.
Financial blog Personal Finance by the Book highlights how cost-to-use analysis plays out in different situations. For example, when purchasing a new vehicle it makes little sense to pay extra for features that are infrequently used:
Should you pay an extra $5,000 for that 7 passenger car? It depends on how often you actually need those extra seats for the life of the vehicle. Obviously, if you have a family of seven you need all the seats you can get, but if you only use those extra seats one week a year for your annual vacation, you are paying $1,000 for each of those weeks (assuming you keep your vehicle five years). Because a seven passenger mini-van rents for about $500 a week at Enterprise, you may be better off saving your $5000 purchase price and renting that 7 passenger vehicle when you need it.
Check out the full article at the link below for more examples and tips for applying cost-per-use analysis to your purchases.
Conduct a Financial Fire Drill to Assess Financial Health
We conduct fire drills to ensure fire warning systems are functional and that building occupants know what to do in the event of a fire-related emergency. Apply that same type of stress test to your money with a financial fire drill.
Photo by Steve Snodgrass.
Finance and frugality blog Frugal Dad urges us to take stock of our financial health by conducting a financial fire drill. Just like a real fire drill helps you run through a dangerous scenario without risk—"Who put the file cabinets in front of the fire exit?"—a financial fire drill shows you how effective your escape routes are and how big your safety net is.
You'll need to gather up all your bills, take stock of your savings and emergency fund, and head over the Frugal Dad to run through their financial fire drill checklist—which includes great tips like making a slash-and-burn list of non-essential services you can cancel the minute you get laid off or in other financial trouble.
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Michelle Malkin » Sen. Rockefeller: One-Man Cable <b>News</b> Death Panel
Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...
<b>News</b> Corp developing a tablet-exclusive publication
News Corp Logo Reuters is reporting that News Corp, the world's third-largest media conglomerate, has confirmed they will be releasing a news publication developed specifically for tablet computers like the iPad. "It's a tablet-only ...
Brad Friedman and Desi Doyen: Green <b>News</b> Report: November 18, 2010 <b>...</b>
IN 'GREEN NEWS EXTRA' (see links below): Tea Party: Smart development is really a global conspiracy; EPA: Major US cities violate lead standards; UN, World Bank say act now on climate change or pay much more later; Illinois Spending $2M ...
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Michelle Malkin » Sen. Rockefeller: One-Man Cable <b>News</b> Death Panel
Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...
<b>News</b> Corp developing a tablet-exclusive publication
News Corp Logo Reuters is reporting that News Corp, the world's third-largest media conglomerate, has confirmed they will be releasing a news publication developed specifically for tablet computers like the iPad. "It's a tablet-only ...
Brad Friedman and Desi Doyen: Green <b>News</b> Report: November 18, 2010 <b>...</b>
IN 'GREEN NEWS EXTRA' (see links below): Tea Party: Smart development is really a global conspiracy; EPA: Major US cities violate lead standards; UN, World Bank say act now on climate change or pay much more later; Illinois Spending $2M ...
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Michelle Malkin » Sen. Rockefeller: One-Man Cable <b>News</b> Death Panel
Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...
<b>News</b> Corp developing a tablet-exclusive publication
News Corp Logo Reuters is reporting that News Corp, the world's third-largest media conglomerate, has confirmed they will be releasing a news publication developed specifically for tablet computers like the iPad. "It's a tablet-only ...
Brad Friedman and Desi Doyen: Green <b>News</b> Report: November 18, 2010 <b>...</b>
IN 'GREEN NEWS EXTRA' (see links below): Tea Party: Smart development is really a global conspiracy; EPA: Major US cities violate lead standards; UN, World Bank say act now on climate change or pay much more later; Illinois Spending $2M ...
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Michelle Malkin » Sen. Rockefeller: One-Man Cable <b>News</b> Death Panel
Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...
<b>News</b> Corp developing a tablet-exclusive publication
News Corp Logo Reuters is reporting that News Corp, the world's third-largest media conglomerate, has confirmed they will be releasing a news publication developed specifically for tablet computers like the iPad. "It's a tablet-only ...
Brad Friedman and Desi Doyen: Green <b>News</b> Report: November 18, 2010 <b>...</b>
IN 'GREEN NEWS EXTRA' (see links below): Tea Party: Smart development is really a global conspiracy; EPA: Major US cities violate lead standards; UN, World Bank say act now on climate change or pay much more later; Illinois Spending $2M ...
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Michelle Malkin » Sen. Rockefeller: One-Man Cable <b>News</b> Death Panel
Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...
<b>News</b> Corp developing a tablet-exclusive publication
News Corp Logo Reuters is reporting that News Corp, the world's third-largest media conglomerate, has confirmed they will be releasing a news publication developed specifically for tablet computers like the iPad. "It's a tablet-only ...
Brad Friedman and Desi Doyen: Green <b>News</b> Report: November 18, 2010 <b>...</b>
IN 'GREEN NEWS EXTRA' (see links below): Tea Party: Smart development is really a global conspiracy; EPA: Major US cities violate lead standards; UN, World Bank say act now on climate change or pay much more later; Illinois Spending $2M ...
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