Posts Tagged ‘spending money’

Learning From Workshops And Experts

Sunday, March 2nd, 2008 by Alan Yu

Recently I was debating if there was anything new for the year that I wanted to learn/do. While I am exploring my options and seeing the best ways to incorporate it into my lifestyle, in the midst of this I saw so many offerings ranging from small workshops that cost a few hundred dollars to intensive weekly program offerings that cost thousands as options to learn new things.

What this made me think of immediately was how it’s not enough to just want to learn/do something but rather you have to be prepared to make it a part of your life for it to really stick and be worthwhile. Unfortunately I don’t have a statistical source for this, but it’s almost like one of those wealth seminars or learning about finance in general. Basically, people say they want to learn something new for the better and spend hundreds of dollars learning from experts and yet more than half of the people will do nothing with it or simply forget it all in a short amount of time.

So before I invest time or money in learning new things I always question myself first whether or not I would truly be using my new found skill/knowledge throughout my daily adventures to grow as a person as oppose it being say some kind of resume item stuffer. Otherwise in most cases it just ends up as a time and money drainer I think personally and so I would avoid it. Of course this is referring to more time committing items and not smaller items.

If you invest in something for yourself then I guess it is only appropriate to expect something in return from yourself too.

For blog updates subscribe to our RSS feed.

Acquiring Resources With Established Growth

Saturday, March 1st, 2008 by Alan Yu

I was heavily monitoring my site statistics over the past few days as for the blog I have about a 20 gigabyte limit of bandwidth per month before it would incur additional charges. Looks like I made it under the quota though as seen here:

This reminded me how it was almost like a business as well in regards to purchasing equipment or resources to run it. Many times people fall into the trap of simply buying and acquiring everything emotionally before they even have any use for it as they mention that they are simply planning for the future. To further entice that thought, sudden growth spurts often cause one to not assess any negative happenings as well.

You know from a personal standpoint that many times people go into debt as a result of buying so many things that they truly don’t need simply because they can and in a business setting the situation can be the same. I guess it is kind of like the thought on how there is no point spending loads of money buying a car that can drive up to 300 km/h an hour when you are in a place where the limit is 50 km/h for the most part.

In my opinion, the best type of sign to determine if you need to expand or enhance your resources is if you find that you are spending more than 30% of your time worrying about it. Like with this bandwidth example, if over the next few weeks the situation remains the same then it only makes sense to take the plunge and go the next step up. Until then, I can still use the same plan to maximize the service that I am paying for as you never know what will happen.

For blog updates subscribe to our RSS feed.

Product Loyalty On Price Increases

Thursday, February 28th, 2008 by Alan Yu

I have recently started to do some of my taxes and as I usual I prefer to do it through digital means to save time and paper. The funny thing was that when I went to the store to purchase the usual product it seems as though this year they increased the price by about 40% to 50%. Just to make sure this wasn’t just a crazy markup by the store, I did ask some of my contacts who did indeed confirm that the software creator has increased the price.

While I still ended up buying the product anyways since I pretty much planned everything around it, usually drastic increases such as that would make me inclined to try something else the next time around. I personally have no problem with companies increasing its prices to be able to stay profitable, but for myself anything over 20% kind of leaves a bad impression to me.

I guess that shows too that if you become too dependent on a certain product or service you are at the mercy of paying the company’s fees.

For blog updates subscribe to our RSS feed.

Valentine’s Day

Thursday, February 14th, 2008 by Alan Yu

Is today the day of romance or the day of the wallet killer? This is one of the most common holiday event that people tell me is more like a money grubber of some sort to get you to buy things. I must admit too, this is one of those holidays that I never really fully understood on how it started as I guess in elementary school they train you to do things like exchange cards with others that day.

But thanks to the Internet that makes researching pretty easy. I just quickly did a search and found this interesting video that talks about the history of Valentine’s Day. The beginning isn’t exactly the most romantic thing just to warn you ahead of time.

I guess the lesson in the end too is that you don’t need to spend a whack of money to show your love to another.

For blog updates subscribe to our RSS feed.

Subliminal Advertising

Tuesday, February 5th, 2008 by Alan Yu

I was passed this video today that was trying to prove about how anyone is able to fall to subliminal advertising. I don’t know if I can honestly say that I have ever spent money as a result of a subliminal message. It sure makes me wonder how much money people spend on average as a result of it though. This was the video:

For blog updates subscribe to our RSS feed.