My parents was telling me about this old $2 bill that was given to my brother a long time ago and how it is suppose to be worth about $500 or so now. That brought up a discussion about saving old money currency as a form of investment.

I’ve never really been into this type of investing/collecting as I guess during the time where the currency in question is in abundance you tend to not think too much of it. Just the thought of say a very old penny being worth say $10 seems kind of strange. Something like that one million dollar coin I heard about before seems more like an investment to me.

Then again, I guess like any type of collecting the dollar value of the items are subjective and some people would be willing to pay big amounts for it.

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Didn’t really have too much time to do any writing today as I am currently getting swamped with various tasks and opportunities. I’m normally pretty good at time management but this is an example of trying to take on too much at once in life.

Hopefully it will slow down soon.

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I was talking to some people today that were talking about the thought of how much they would pay for a subscription service of some sort where someone else will do things such as cooking dinner and washing the dishes for them as sometimes you just don’t want to have to deal with things like that.

One person said $30/month plus the cost of food and I thought that was kind of a little too low. That sounded more like a fee for a diet program of some sort. I actually know one guy that just absolutely hates cooking and pays a lady to come in and cook dinner for about $20 each time to do it for him. Kind of high expense when you think about it too.

What I always think about when it comes to convenience is that while I’ll probably definitely save a lot of time in situations like these, I always debate whether or not it would benefit me skill wise in the long run. For example, would it enable me to do things faster afterwards? Is it a skill I could use to make money afterwards? There are always things like that which make me consider how much I would be really losing in the overall picture.

Of course, you can’t know everything so many times it makes sense to just pay for convenience.

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A person yesterday was telling me how he knows this guy who is in his 30’s and when it comes to money the only thing he wants to do is save it. He would refuse to spend it on anything that is not a necessity such as traveling for a vacation.

The gentleman was basically ridiculing him and how he doesn’t understand why a person like that would even bother making money if they don’t intend to use it. I can definitely understand not wanting to waste money on just anything, but just saving for the sake of saving money seems kind of counter productive both from a time and investment point of view.

To a certain extent being able to save a lot of money is a way to prove to yourself that you can manage money and follow through with goals. At the same time, I guess like most things you can’t keep conquering the same goals that you know you are good at or be afraid to lose a little. It’s like saying, you can’t grow much taller by standing on the same block. Stepping off that block might make you shorter for awhile, but once you find a taller block to stand on you’ll wonder why you did not do it sooner.

Another way to think about it is why should you do all the work while that lazy money sits in the bank account? You earned it, so find a way to make it work for you now.

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I think almost everyone has done this at one time or another where whenever we shop in say a store or supermarket for items that are in some kind of package/container we tend to grab the ones at the far back. I guess the logic is that the one at the back is somehow newer and so we perceive that as getting a better value for our dollar.

Sometimes there are legitimate reasons for this such as just the other day I saw this guy who was interested in buying a radio it seemed and he had absolutely no problem in opening up the package and literally plugged it into a wall to see how it was like. He did eventually put the radio back in the box and afterwards grabbed a new box of the same product to purchase that one. So in those cases I can see why you would want to grab the ones in the back.

Other times though such as when I see people buying cereal where all the products have the same expiry date and are clearly unopened it’s just amazing to see the effort that people go to in order to get the one from the far back. I’m all for trying to get the most for your dollar, but at the same time sometimes you have to realize that the item you are buying isn’t any better or worse than what everyone else is going to buy. Time is money too.

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