Spending So Much To Find Love Later In Life

July 26th, 2014 by

I was reading an interesting story today about a person named Dr. Emil Chynn who apparently went with the life route of making sure your career is all good first so that you will be financially ready for love and to start a family. Apparently he hasn’t had much luck and even went to extremes such as offering to give away cash in the five figure range if someone introduces him to a match.

That’s kind of interesting to think about in terms of how much money one would potentially spend to find a mate later in life versus how much simpler it probably is when you are at a young age. Then again, maybe this is simply the case of someone working too much continuously and not taking the time to meet people. I was thinking too, is it inappropriate to think of this kind of stuff from a financial point of view?

Example, the other way to think about it is you take the priority in finding your match first and then build your wealth together. This is as opposed to two people trying to make it on their own and then hoping later down the road they meet someone of an equal level. Money and finance isn’t so straight forward when it comes to life direction huh?

Buying The Not So Perfect Produce

July 25th, 2014 by

I saw this neat video today called “Inglorious Fruits and Vegetables” which was neat is it revolved around taking fruits and vegetables that would normally be deemed as unsellable where people would sell it at a discount. Interestingly enough, people bought it. This I the video for those who never saw it:

If you think about it, it is simply marketing perception on why no one would buy it in the first place. However, package and present it in a different way and people will embrace it. Makes you wonder why every grocery chain doesn’t implement a system or program like this. I know for myself usually these kinds of produce are usually bad looking because they are literally going bad as opposed to simply having a cosmetic issue. If businesses created something like this though it would definitely help with the perception and I’m sure a lot of people would save a lot of money.

Makes me think of how even for simple items like an apple many people would take the visually unappealing ones and simply make it into say apple juice or cider.

Seeing People Spend Money Like Water

July 24th, 2014 by

I saw this interesting video today of a proposed reality show to be shot here that revolved around “Ultra Rich Asian Girls” of Vancouver. I guess you can say it seems to be going in the direction of all of those “Real Housewives of” shows where people get to view the drama revolving around rich people. This was the trailer I saw:

For the most part it seems like they are trying to find people who essentially inherited a lot of money and as a result are pretty carefree with the way they spend it. What caught my attention are the comments that people made such as how showing stuff like this will simply encourage people to be irresponsible for money. That got me thinking, does seeing things like this actually influence you to spend less or more in your life?

I know for myself, seeing things like this ironically makes me not want to be irresponsible with money. Am I the only one that thinks it’s silly for example to see someone buy such expensive things where they don’t seem to even think about the future or what would happen if they lost all their money one day? In that sense, it’s almost like it’s a free life lesson and in some ways is no different than reading stories of people who are say addicted to a certain substance. Like there, no matter how much you try to glamorize it I would think seeing it would discourage you from following that path.

Paypal Surcharge Fees

July 23rd, 2014 by

I was surprised to see this today as I was interested in making a purchase using Paypal as a payment option and to my surprise the item was more expensive than the listed price. Upon looking at it closer, it seemed like the merchant was charging its customers a$2 surcharge fee for anyone who wished to use Paypal as a payment option.

paypalsurcharge

It was funny in some ways as they didn’t seem to want to add this additional fee with using a credit card payment directly which makes me wonder if Paypal fees for the merchants are extremely high in comparison. Would you be more inclined to use your normal credit card instead in this case to avoid the $2 fee? It almost reminds me of merchants implementing a surcharge for customers who pay with a credit card instead of cash which is usually forbidden by the payment provider.

It Takes Facts About Interest Payments To Change People

July 22nd, 2014 by

I saw this interesting clip today of a couple who was essentially getting financial advice to help them get out of debt. The story itself wasn’t anything new as it was simply a case over spending and buying high luxury items. When the financial adviser went over their spending habits the funny thing was they seemed kind of contempt with it as if it was normal. Speaking for myself, putting like $15,000 on your credit card that you can’t pay off is alarming by itself.

It wasn’t until they dived into the topic of how much credit card interest they are paying each month where it finally dawned to the couple that things need to change. Isn’t that kind of crazy that it takes that little detail to get people to change their financial habits? It almost comes back to the general point on how many people don’t like to see other’s benefit where in this case it made them realize how the credit card companies got money from them. Before hand, I guess it is safe to say that they saw the situation as they were the one’s getting the better deal out of the credit card company.

I am almost interested in trying that technique to see if it works on others too for everyone that has an outstanding credit card balance each month. It’s like you don’t even need to go into detail to get people to think about their future. Instead, just show them how companies are making money off of them and it will be an instant change in mindset.