Posts Tagged ‘money’

Avoiding A Taxi

Monday, August 25th, 2008 by Alan Yu

Today a person suggested that if you normally used public transportation and needed to be at a place a lot earlier like say 5am that you should use a taxi. While usually that would be the only option aside from having your own vehicle or sharing a ride with someone else, I never liked to use a taxi personally.

The fees just seem a little too high in comparison to other options such as say paying for a carpool if you don’t have your own vehicle. Granted there are situation where it might be the only viable option, if I could I would personally even opt to simply walk to my destination assuming it is good to do so.

Good Deeds As Money Debt

Monday, August 18th, 2008 by Alan Yu

Recently I was looking for some volunteer help for a fun project and a person I knew seemed very motivated to try and help. It seemed like he was really going above and beyond and I commented on how I was in his debt now as a way of implying if he ever needed any help I would equally go above and beyond as well.

Now when I thought about it, usually what people do to pay back others in these cases is by using something of monetary value such as treating them to dinner. So that was actually my first reaction as you often feel it is necessary to compensate people back in some financial way to help warrant their time.

In the end, he told me to pay him back by making sure I attend this reunion event. Err….still feels like I owe something still.

Deposit Guarantees For General Agreements

Thursday, August 14th, 2008 by Alan Yu

I was talking to a person recently who expressed how when it comes to gathering up a group of people to enter into some kind of collaborative project for fun, if it requires a lot of time commitment he insists in using money as a way to semi guarantee results.

Essentially, everyone would put say $100 into a pool of funds and at the end of the event everyone would get their money back except for those who decide to dropout in a voluntarily manner. He expressed how this has worked great for him as it sorts out people who are serious and would increase the odds that they will actually follow through in an environment where people depend on each other.

When I think about it companies do it all the time. I guess the question is would people take it as an insult?

Vulnerable Parking Meters

Tuesday, August 12th, 2008 by Alan Yu

So I went to visit a family member who was in the hospital with a couple of other people and since we drove we needed to find a parking spot. While looking for parking, there were a lot of sidewalks with parking meters and the price for the ones there happened to be 5 minutes for every 25 cents.

That was pretty darn expensive I thought as it was more than most parking meters even in the downtown core. Thinking how this was a hospital too a lot of people are probably in a vulnerable state of mind as they simply want to just find anything.

Sure enough though, if you just went a few blocks down there was actually free parking and prices that were more reasonable. I guess like always you pay for convenience and that just trying to look a little bit further to avoid those emotional purchases can go a long way.

Tying Income Opportunities With Your Education

Friday, August 8th, 2008 by Alan Yu

I was watching this piece about how a lot of people believed that as a result of not having resources and upper class schools compared to some of their peers that they do not have an equal playing field in life when it comes to making a good living. Example, all the less fortunate will be forced to work as grocery store clerks and the others would go on to be say some kind of executive.

This is one of those issues where I am inclined to say where in many ways it’s true from a resource point of view such as if I have a computer to work with and the other doesn’t then obviously I am going to be more technically inclined. At the same time, I have to believe that as long as you learn basic skills like reading then you can easily learn things like how to use a computer afterwards if necessary.

It’s like an athlete I suppose. Even if one guy doesn’t necessarily have all these exercising equipment and weights compared to another person, just training the essentials properly can kind of put you on the same league if not better in terms of strength and endurance if it came down to a competition afterwards.

I mean, there are a ton of people with simply a high school education that earn a lot more financially compared to say a person with a bachelor degree. Like with that example it shows me that your income is more tied to how you apply your knowledge as oppose to what you learned necessarily. I always saw tying your income to your education is a little risky as you are kind of setting yourself up to expect certain things to just come to you as a result. If your income is tied to anything, it’s more about one’s choices in life I’d say.



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