Look inside your closets, cabinets, and storage spaces. You’ll find plenty of things that you own but you rarely use. There are even some items that you probably spent more time acquiring them (deciding, researching, browsing, shopping, buying, setting up, etc.) than you spent actually using them. Such things might include power tools, kitchen appliances, and clothing for special occasions. It may also include hobby, exercise, or sports equipment, (which you may have taken a hiatus from). For whatever reason, we all are guilty of buying and having too much stuff. And this stuff spends our money without us even knowing it. But there’s a way to recoup some of that money. (more…)
In addition to getting free ebooks and audiobooks from National Library Board’s Overdrive (which has just increased borrowing limits), you can get tons of free books from Amazon which you can read on your phone using the free Kindle app. All you need is an Amazon account (does not require subscription to Amazon Prime or Kindle Unlimited). And with Amazon arriving in Singapore early next year, you might want to just create an account anyway. (more…)
I imagine that if Daiso sold clothing (other than socks, hats, and ties), it would look similar to what you’d see at Needle Boutique (aka Doc John Alteration Services). At this Lucky Plaza shop, you’ll find an assortment of t-shirts, jean shorts and skirts for $1, $2 and 3 for $10, respectively. Their prices are similar to what you’d pay at thrift shops. Needle Boutique also sells similarly priced accessories, including shoes at $5. This shop has been around since 1999, and the owner, Doc John has been a tailor for nearly 3 decades. Here are some photos and other details about the shop: (more…)
All of us use stereotypes and other pattern-recognition techniques because our mind needs to take shortcuts; otherwise, we’d be inundated with too much info, enough for us to go insane. And others will use stereotypes on us, whether they are accurate or not. Our demographic data, occupation, habits, and appearance are used by others to quickly speculate and derive additional information about us such as our spending desires and spending potential. And now with each of us leaving a trail of data for marketers to mine and analyse, we leave ourselves open to be discriminated upon financially. Discriminatory practices in pricing have always been in existence, but now they can be even more sophisticated.
When you see an item for sale, you usually think of it as a one-off purchase. When somebody asks you how much, say, your microwave costs, you usually will respond with whatever you paid to buy it. You typically don’t think that items, such as your microwave, have “ongoing overhead expenses”, but they do – all items do!
In my last post, we discussed how to get stuff (in particular, furniture) for free. This week, let’s talk about how stuff, even so-called free things that were #OOTD (Out Of the Dumpster), are not really free. The microwave, for example, if left on standby, will consume more electricity than when in actual use (i.e, heating food), according to the Economist. Many other devices are also this way. All your stuff has an ongoing expense tab. (more…)