Economies of scale are a wonderful thing. The more you’re willing to buy from a particular vendor, the better the unit price they’re inclined to give you. Selling a thousand items a hundred times is a lot more work than selling fifty thousand items twice. It’s less bookkeeping, less tracking, less shipping, and less labor … Read more
The pillar of responsible personal finance is to spend less than you earn. If you’ve heard that once, you’ve heard it thousands of times. There are three ways to work towards spending less than you earn: One area that discourages people with finding ways to spend less is that “spending less” often translates to “doing … Read more
We really, really like us some Amazon. For convenience, time savings, speed — and most of all cost — Amazon has a ton to offer. Some of the groceries we get are a bit pricey because common ingredients don’t agree with some family members. Often, Amazon comes through with the right products at a good … Read more
Convenience costs a lot of money over time. To start saving money again, you have to get inconvenient again. Easier said than done …. A while back I bid on a new Keurig coffee machine at a silent auction. I bid $80 and won. (They went for $120 new.) Predictably, the $40 savings went out … Read more
After church today we went into town for a few things. We stopped in at Costco. One of the items on our list was gummy multivitamins. (Yes, I know, these are quite a bit more expensive than tablets that get chased down with water. However, if these get people to look forward to taking their … Read more
As I’ve mentioned before a couple of times, we live in an area that could likely see a lot of furlough activity. Though there is the possibility of using the furlough days to good benefit, a lot of my friends are looking for good ways to save money as they are looking unlovingly at thousands … Read more
We’re doing Christmas gift-opening a couple of times this year because we’re traveling around to see family. Tonight we spent some time opening part of our gifts. Yesterday after work I had only a few last-minute Christmas gifts to get, and it was a fairly fast and painless process, even at the start of the … Read more
It’s not called The Latte Factorâ„¢ for nothing. A daily coffee shop habit (once or even twice a day) can put a $1,000+ dent in your wallet each and every year. Aside from kicking the caffeine habit completely (sacrilege!) there are a number of ways to cut down the cost of a coffee habit. Some … Read more