Posts Tagged ‘saving money’

Saving Thousands By Reading A Manual

Sunday, August 17th, 2014 by

This was kind of funny as I was told of a situation where a company had to setup this photo booth of sorts for an event where none of the employees had first-hand experience with it. Therefore, they were given an option to hire a person from another area to go down and set it up for them for about $1500. Not surprisingly, for that price tag they wanted to try it themselves.

For the most part, all of the instructions and manuals were there on how to set the thing up. The only thing it required was someone to take the time to actually read it. Ultimately, they did get someone where everything was up and running in about two hours. To think, just reading a manual saved that business over a thousand dollars. This can be so true for many other things too such as hiring people to hook up a computer or home theatre system when overall it’s not actually that complicated.

Even I feel a little too lazy to read through a manual, nowadays I usually try to at least find a tutorial video about it online which often works just as well. Saves time and money.

Spending Too Much Buying Instead of Making

Monday, August 11th, 2014 by

I was watching this restaurant show today about struggling business owners and there was one part that was interesting. Essentially, the owner constantly bought ice for the restaurant because their own machine was broken. Their cost was over $4000 a year for ice. When you think about it, they could have repaired the machine for less or even lease one for the year for the less than that.

It’s one of those things where it’s better to make the bigger investment initially to save more in the long run. At the same time, even in a business you sure spend a lot of money buying items from others instead of making things yourself huh? Almost the equivalent of dining out all the time versus making your own stuff at home. This makes me want to find ways to have like a large garden for fruits and vegetables to save money.

Using Unorthodox Tools That Can Achieve The Same Result

Friday, July 18th, 2014 by

This was funny I thought as I am in the midst of working on a fun project with a person where we felt that doing some pre-production planning would help a lot in terms of deciding exactly what kind of angles are needed for a film. While there are options such as using expensive software specifically for this purpose, he mentioned that he could use this free video game where you can create objects and record video as if you are a camera and use that as a reference.

As silly as that sounded, it actually works for what we needed. Many times when you think about it, a lot of our tools and resources can be used for more than what it is labelled for. In fact, sometimes there are items that are literally the same thing but are labelled differently for marketing purposes. I’ve seen things as silly as regular batteries simply saying “for use with” certain products and businesses sell it for a premium price as a result.

These are the types of things that usually a child would have an easier time with when it comes to using things for other purposes than intended. Sometimes we all need to think like that.

Do You Unplug Electronics To Save Money

Thursday, July 3rd, 2014 by

I saw a segment on the news today on how apparently we are using so much electricity due to the increase use of electronics. One point that was brought up as well was how we tend to leave a lot of our electronics on in a sleep mode which still technically uses up power. So the question is, do you unplug your electronics when they are not in use?

I have always had a habit of doing this where even for simple items like my computer modem I would unplug it or shut the power bar off whenever I don’t intend to use it. Funny enough, I developed this habit not so much because I knew that it would continue to use electricity, but usually if you keep these items on they generate heat or have factors such as a light will always be on. So to make it easier I simply turn off the power.

I really don’t understand why people leave items like their computer on sleep mode if they don’t intend to use it for hours. This is almost like the kind of thing where we all need something visual to tell us how much money we are wasting to get one to not do something anymore.

Shopping One Day Before The New Flyer Day

Thursday, June 5th, 2014 by

When it comes to general household essentials I find that I usually do a lot of my shopping either on a Thursday or a Friday.  The reason is that usually new flyers and sales come out on a Friday here and that means the previous sales are over on a Thursday.  So this kind of puts you in a good position to take advantage of essentially two weeks of sales.

As an example, maybe this week there are carrots that are sale for a very good price.  Upon looking at the upcoming flyers I know that the grapes will be at least 50% cheaper the very next day.   So with this knowledge I can plan my purchases appropriately to get the best deal.  I know most people would not do this as many people simply want to make one trip to the supermarket for the week and that’s it.

I just find that usually translates to very little savings if any if you go with that route as even from a business point of view usually the point of a sale is to get you in the store where those items could act as a loss leader.  They then hope that you will buy other things at regular retail price where the business will make back those losses and more.    So if you really want to save money this is a little extra effort to save a lot of money that adds up over time.