Archive for the ‘Excessive expenditur info’ Category
When you are evaluating different service offerings and ask, “How much will it cost me a whole year.” It is easy to see for a low monthly payment and savings especially in real big when it is actually a bad deal.
Cars are a good example. Pay $ 250 per month to rent a nice car does not seem much, but considering that is $ 3000 per year into a vehicle that does not own, does not seem a great bargain, especially considering you can get a reliable used vehicle for $ 4,000 to $ 8,000 that can be driven for several years and then sold several thousand dollars.
Membership programs are another area of the coast, where it is easy to spend a lot of money. I was looking at a health club membership this week and was about $ 80 per month per person. So for two people that comes to $ 1920 per year. Now if you spend 5 or 6 hours per week in the gym with the team, swimming, tennis, etc. might be good business. But many people would be better spent on a stationary bike or weight of origin established.
For the evaluation of membership programs of this type, I suggest you look at how much you pay per hour. If you pay 80 per month for access to the gym and go to one hour per week, you’re paying $ 20 per hour to use the gym. To me, that seems a bit high. If you are spending an hour a day, the cost is $ 2.66 per hour. For me, it seems much more affordable. I’m not saying you should not go to the gym, but make sure you know how much are actually costing you.