A few notes from the intersection of spending and stomach-satiation this week:
The misers over at Wise Bread offer up a smart post on the economics of apple-picking – and why it’s so much better for the farmer than the picker. As with most things in life, there are savings in bulk-buying (or picking) here, but you’ll spend the least by simply going to the grocery store.
On the Money, Matter and More Musings blog, Golbguru (no names here alas) shares a chocolate-eating habit that I simply couldn’t hack: (more…)
Two clever metaphors from our colleagues elsewhere in the personal-finance blogosphere this week:
At Zenhabits, among the 10 successful dieting principles that people can also apply to debt reduction are:
- Watch Less TV: It induces sloth and exposes you to potato-chip ads, true, but the ads also encourage, say, leasing a Mercedes (within your reach, really!). And wouldn’t watching would be so much more fun with a costly upgrade to high definition?
- Public Accountability: State your goals in your Weight Watchers meetings or post them here on FiLife; either way it motivates you to achieve them.
- Baby Steps: Without liposuction or a lottery ticket, reducing your heavy burdens will take some time.
The Blueprint for Financial Prosperity blog professes seven money lessons learned at the poker table, including:
- Bluffing: The lunatic across the table is putting on an act. And your next-door neighbors with the new boat are too if they had to take out a loan for most of the purchase price. No need to keep up with those Joneses.
- Don’t Go on Tilt: This is what happens when you let your emotions get the best of you and you start acting – and betting – irrationally. You never want to sell a poor-performing investment in a moment of market-swooning panic or make rash decisions about your career within a few days of getting fired.
– Ron Lieber
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