Comments on: Lattes, iPods, and Masterworks: New Ways to Look at Money http://www.getrichslowly.org/blog/2006/07/29/lattes-ipods-and-masterworks-new-ways-to-look-at-money/ personal finance that makes cents Sun, 20 Jul 2008 03:23:53 +0000 http://wordpress.org/?v=2.5.1 By: JenK http://www.getrichslowly.org/blog/2006/07/29/lattes-ipods-and-masterworks-new-ways-to-look-at-money/#comment-87259 JenK Wed, 23 May 2007 22:55:54 +0000 http://www.getrichslowly.org/blog/2006/07/29/lattes-ipods-and-masterworks-new-ways-to-look-at-money/#comment-87259 Shoes! Miranda had to point out to Carrie that 100 pairs of $400 shoes was $40,000. Considering that Carrie was moaning about NOT having a down payment for her apartment at the time...! (This is from near the end of 4th season of Sex and The City) Shoes! Miranda had to point out to Carrie that 100 pairs of $400 shoes was $40,000. Considering that Carrie was moaning about NOT having a down payment for her apartment at the time…!

(This is from near the end of 4th season of Sex and The City)

]]> By: akimbo http://www.getrichslowly.org/blog/2006/07/29/lattes-ipods-and-masterworks-new-ways-to-look-at-money/#comment-4499 akimbo Sun, 30 Jul 2006 15:57:34 +0000 http://www.getrichslowly.org/blog/2006/07/29/lattes-ipods-and-masterworks-new-ways-to-look-at-money/#comment-4499 I've always thought of how many hours I had to work to get an item. So in the 90s when I was making $6/hour, an economy movie was almost 3/4 hour. If I wanted my own apartment at $450 a month I had to work 75 hours! (Working part time, this was most of a paycheck) It certainly gave me incentive to go back to college and make more unless I wanted to live with my parents for eternity. These days, I make a lot more but I still think things like "Is it worth 20 hours of work for this fancy tv?" I’ve always thought of how many hours I had to work to get an item. So in the 90s when I was making $6/hour, an economy movie was almost 3/4 hour. If I wanted my own apartment at $450 a month I had to work 75 hours! (Working part time, this was most of a paycheck)

It certainly gave me incentive to go back to college and make more unless I wanted to live with my parents for eternity.

These days, I make a lot more but I still think things like “Is it worth 20 hours of work for this fancy tv?”

]]> By: Get Rich Slowly » Thank You for Supporting Blogathon! http://www.getrichslowly.org/blog/2006/07/29/lattes-ipods-and-masterworks-new-ways-to-look-at-money/#comment-4494 Get Rich Slowly » Thank You for Supporting Blogathon! Sun, 30 Jul 2006 13:06:20 +0000 http://www.getrichslowly.org/blog/2006/07/29/lattes-ipods-and-masterworks-new-ways-to-look-at-money/#comment-4494 [...] Lattes, iPods, and Masterworks discusses a handy way to look at money: rather than thinking in the abstract, compare the things you want to things you already own and love. [...] [...] Lattes, iPods, and Masterworks discusses a handy way to look at money: rather than thinking in the abstract, compare the things you want to things you already own and love. [...]

]]> By: Get Rich Slowly » Trunk Clothes: A Sure Sign You Have a Spending Problem http://www.getrichslowly.org/blog/2006/07/29/lattes-ipods-and-masterworks-new-ways-to-look-at-money/#comment-4434 Get Rich Slowly » Trunk Clothes: A Sure Sign You Have a Spending Problem Sun, 30 Jul 2006 01:03:58 +0000 http://www.getrichslowly.org/blog/2006/07/29/lattes-ipods-and-masterworks-new-ways-to-look-at-money/#comment-4434 [...] My little brother has no respect for Blogathon. I mentioned him earlier because he was taught his son that two pairs of shoes equals one iPod. (Remember that they’re moving, and his wife is packing sixty pairs of shoes.) He just called to chat. I told him I was busy, but he offered me another story and gave me permission to print it. [...] [...] My little brother has no respect for Blogathon. I mentioned him earlier because he was taught his son that two pairs of shoes equals one iPod. (Remember that they’re moving, and his wife is packing sixty pairs of shoes.) He just called to chat. I told him I was busy, but he offered me another story and gave me permission to print it. [...]

]]> By: dokaben http://www.getrichslowly.org/blog/2006/07/29/lattes-ipods-and-masterworks-new-ways-to-look-at-money/#comment-4413 dokaben Sat, 29 Jul 2006 21:28:30 +0000 http://www.getrichslowly.org/blog/2006/07/29/lattes-ipods-and-masterworks-new-ways-to-look-at-money/#comment-4413 Back in high school we measured things in CDs, where one CD equaled $12-$15. Never imagined CDs would start to become passe... I had a similar money epiphany the other day while shopping for three different products: a KitchenAid stand mixer, a chest freezer, and a Nintendo DS lite. Each can be had for roughly $150, yet each provides a completely different experience. The mixer offers a lifetime of baking convenience. The freezer eventually pays for itself through bulk food and car/gas savings. The DS offers entertainment, but requires game purchases and is guaranteed to depreciate in a matter of weeks. Not to belittle the DS...each has it's place. Of course no one calls their friends to brag about their new freezer. Back in high school we measured things in CDs, where one CD equaled $12-$15. Never imagined CDs would start to become passe…

I had a similar money epiphany the other day while shopping for three different products: a KitchenAid stand mixer, a chest freezer, and a Nintendo DS lite. Each can be had for roughly $150, yet each provides a completely different experience. The mixer offers a lifetime of baking convenience. The freezer eventually pays for itself through bulk food and car/gas savings. The DS offers entertainment, but requires game purchases and is guaranteed to depreciate in a matter of weeks.

Not to belittle the DS…each has it’s place. Of course no one calls their friends to brag about their new freezer.

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