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Posts Tagged ‘ROI’

My CostCo Investment: 6 months later

January 16, 2013 10 comments

We hear so many iterations of “Savings, Savings, Savings!” from various retailers trying to convince consumers to spend more and more.  But aren’t there some deals that actually make sense?

For a long time I’ve wondered about a membershipa at CostCo, so I decided to prove it.  As you probably know, I love spreadsheets so I documented my purchases vs the equivalent price at a few local grocery stores.  Here’s how it all worked out!

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Invest in thermostats instead of stocks!

January 2, 2013 5 comments

Nest

You’ve been told that programmable thermostats can save you up to 20% on you utility bills, and that it’s the right thing to do for the environment, but you still haven’t switched out the old one for a new-fangled version.

Well I’m about to rock your world.  Here’s what I’ve got for you today.

  1. Why you need a programmable thermostat
  2. How gosh darn easy they are to install
  3. Why you should invest in thermostats instead of stocks Read more…

Can you put a price on fitness?

December 30, 2012 6 comments

AZ1I’m considering dropping about $2,400 on a Crossfit membership in 2013.  That’s about 10% of my 2012 budget.

I’ve been going back and forth on this issue for a few weeks and I’ve decided to finally pull the trigger.  In the past, the only fitness costs I’ve incurred are the sign-up fees for marathons/half marathons.  It got me thinking about what the price of fitness should be.

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The Total Cost of Lightbulb ownership

November 28, 2012 5 comments

Want to accomplish a quick home project that will bring you a 3,000% return on your investment?  Of course you do!  It’s time to look at your lighting and decide what makes sense.  It gets really simple once you’ve had someone like me run the numbers for you…

When it comes to residential energy costs, lighting accounts for about 10%-15% of your home energy costs, so it’s worth reviewing.  The majority of home lighting consists of A19 type screw-in bulbs or replacement CFLs like the one shown above.

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Succeed where others have failed: Saving Money at CostCo

November 2, 2012 2 comments

When retailers talk about how you can “save money”, you can be sure that in fact, just the opposite is true.  There’s no such thing as a free lunch, so you know they wouldn’t be doing it if it didn’t increase their profits.  However, by understanding why these discounts exist, we can truly succeed at saving money, even though the average customer will fail.

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Categories: Cutting Spending Tags: ,

The Magic Money Box that doubles your cash every 10 years

October 22, 2012 Leave a comment

How many times have you been told that it’s important to start saving for retirement as soon as you enter the working world?  I had heard this conventional wisdom over and over again, but I never really believed it… that is, until I ran some of the numbers myself.

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Categories: Investing Tags: ,

Corporations are people…

October 14, 2012 Leave a comment

Once I realized that the conventional financial wisdom had some obvious flaws, I decided that I needed some new role models.  I started to understand how corporations functioned, and why they consistently had crazy profits.  Let me be clear, I still don’t know how I feel about massive corporations as a whole, but there’s certainly something to be learned from their efficiency.

The following can be said of all successful corporations.  They provide a desired service a price others are happy to pay.  They spend a significant amount of time figuring out how much money they are earning, and where that money should be reinvested.  And finally, they form solid relationships with other smart people and businesses.

 

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Categories: The Master Plan Tags:
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