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01-25-2015, 05:41 AM
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#1
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2007
Location: Denver, Colorado
Posts: 6,258
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Cheapism
Why have I never heard of these people? They have been around since 2009.
Reviews of Cheap Products | Cheapism.com
Quote:
CHEAPISM: Cheap-i-sm, Spelled Pronunciation [chē-piz-uh-m]
-noun. An economic system in which individuals (consumers) acquire goods and/or services at a relatively low cost or price (inexpensively or comparatively inexpensively).
Those who advocate and support cheapism are "cheapists". As a result of practicing cheapism regularly, cheapists manage to save money and live within their means, or to utilize their finances for other purposes.
Origin: 2009; cheap + ism
What do we do?
We find the best cheap products out there and tell you what they are.
We scour the internet for news stories and resources that are informative and fun and can help you save money.
How do we do this?
We identify all the cheap products in each category.
We research the 'must have' features for products in that category.
We select the products that have those features.
We eliminate products with pricey, unneeded features.
We read reviews about the products' performance.
We tell you which products are best and where you can buy them.
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__________________
"It's tough to make predictions, especially when it involves the future." ~Attributed to many
"In theory, there is no difference between theory and practice. But, in practice, there is." ~(perhaps by) Yogi Berra
"Those who have knowledge, don't predict. Those who predict, don't have knowledge."~ Lau tzu
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Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
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01-25-2015, 07:56 AM
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#2
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Thinks s/he gets paid by the post
Join Date: Oct 2008
Posts: 1,608
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Sounds like a great resource for us LBOM and ER's on here. I've never heard of it either so thanks for the post and link.
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01-25-2015, 08:07 AM
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#3
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Thinks s/he gets paid by the post
Join Date: Jul 2007
Posts: 1,085
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To me, LBYM sounds better than cheapism.
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01-25-2015, 08:10 AM
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#4
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2007
Location: Denver, Colorado
Posts: 6,258
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Quote:
Originally Posted by David1961
To me, LBYM sounds better than cheapism.
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I would guess. in the website planning stage, that name was determined to already be over-used... and/or already taken.
__________________
"It's tough to make predictions, especially when it involves the future." ~Attributed to many
"In theory, there is no difference between theory and practice. But, in practice, there is." ~(perhaps by) Yogi Berra
"Those who have knowledge, don't predict. Those who predict, don't have knowledge."~ Lau tzu
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01-25-2015, 08:47 AM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2008
Posts: 6,506
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Good idea, so long as they don't confuse cheap with cost effective.
__________________
There must be moderation in everything, including moderation.
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01-25-2015, 08:57 AM
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#6
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2007
Location: Denver, Colorado
Posts: 6,258
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__________________
"It's tough to make predictions, especially when it involves the future." ~Attributed to many
"In theory, there is no difference between theory and practice. But, in practice, there is." ~(perhaps by) Yogi Berra
"Those who have knowledge, don't predict. Those who predict, don't have knowledge."~ Lau tzu
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01-25-2015, 09:35 AM
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#7
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2007
Location: Denver, Colorado
Posts: 6,258
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Okay, let me give a better example:
Weekly update
Quote:
__________________
"It's tough to make predictions, especially when it involves the future." ~Attributed to many
"In theory, there is no difference between theory and practice. But, in practice, there is." ~(perhaps by) Yogi Berra
"Those who have knowledge, don't predict. Those who predict, don't have knowledge."~ Lau tzu
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01-25-2015, 09:45 AM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 26,891
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Thanks, I bookmarked it. I'm also surprised it hasn't been brought up before (perhaps I missed it?).
At a quick look, they do seem to take quality/value into consideration - not just 'cheap'.
-ERD50
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01-25-2015, 10:21 AM
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#9
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Thinks s/he gets paid by the post
Join Date: Jul 2012
Location: Texas
Posts: 3,024
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Quote:
Originally Posted by RonBoyd
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A true "cheapist" would not care about cell phone "fees" charged by the Big 4 because they'd be using an MVNO.
__________________
Retired at 52 in July 2013. On to better things...
AA: 85/15 WR: 2.7% SI: 2 pensions, SS later
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01-25-2015, 10:32 AM
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#10
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2007
Posts: 7,746
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Wait, people still pay for cell phone service?? Freedompop and a sub-$100 phone off ebay (like Samsung Galaxy S3).
__________________
Retired in 2013 at age 33. Keeping busy reading, blogging, relaxing, gaming, and enjoying the outdoors with my wife and 3 kids (8, 13, and 15).
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01-25-2015, 10:33 AM
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#11
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2007
Location: Denver, Colorado
Posts: 6,258
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Quote:
Originally Posted by Cobra9777
A true "cheapist" would not care about cell phone "fees" charged by the Big 4 because they'd be using an MVNO.
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This is the first I have heard of this (A mobile virtual network operator ( MVNO), or mobile other licensed operator ( MOLO) is a wireless communications services provider that does not own the wireless network infrastructure over which the MVNO provides services to its customers. )
I am surprised at how many there are.
http://en.wikipedia.org/wiki/List_of...work_operators
I will have to research this further. Do you use one?
In any event, this one might be interesting: 420 Wireless Legalizing Marijuana In The US
Quote:
420 Wireless™ is the Nation's first marijuana-friendly phone service and cellphones with the mission of legalizing marijuana in the U.S.
20% of the proceeds are donated to NORML to help legalize marijuana.
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__________________
"It's tough to make predictions, especially when it involves the future." ~Attributed to many
"In theory, there is no difference between theory and practice. But, in practice, there is." ~(perhaps by) Yogi Berra
"Those who have knowledge, don't predict. Those who predict, don't have knowledge."~ Lau tzu
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01-25-2015, 10:40 AM
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#12
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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Quote:
10 Cheap Drinks for Superbowl 2015
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Oh really? Cheap? Wow. I think it would be cheaper to drink tap water and skip watching the Superbowl entirely.
Some people are not even trying to save money by doing that, but just find that it seems more natural to not blow a wad on football and booze in a sort of knee-jerk way on that day. YMMV and for many, I'm absolutely positive that it does.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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01-25-2015, 10:45 AM
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#13
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Moderator Emeritus
Join Date: Apr 2011
Location: Conroe, Texas
Posts: 18,731
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Quote:
Originally Posted by FUEGO
Wait, people still pay for cell phone service?? Freedompop and a sub-$100 phone off ebay (like Samsung Galaxy S3).
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Hmmm...I checked their site and the first thing they do besides requiring your e-mail address, zip code and street, is shove a new phone in front of you to buy. Then the service is free for the first month only and a fee applies after that. Not so free, I guess.
I'll stick with PagePlus for $12/month.
__________________
*********Go Yankees!*********
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01-25-2015, 10:49 AM
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#14
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 14,212
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Quote:
Originally Posted by RonBoyd
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I do. Someone mentioned "Ting" on this forum a few years ago... I did some research and switched to them. 3 smart phones (bought off ebay)- average bill is less than $80/month for all 3. With Verizon we had a smart phone and a feature phone (dumb phone) - both out of contract... I had an employee discount of 20%... but even still - the two phones cost over $90/month. I'll be adding a 4th phone to our plan by next fall (younger son will be taking public bus from middle school and older son will be at high school) I expect it to be under $100/month for 4 phones.
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
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01-25-2015, 10:56 AM
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#15
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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I do not think this is either Cheapism or LBYM. It's simply about making sure you are getting your money's worth, avoiding being gouged, not paying more yet getting less.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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01-25-2015, 11:07 AM
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#16
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Thinks s/he gets paid by the post
Join Date: Jul 2012
Location: Texas
Posts: 3,024
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Quote:
Originally Posted by RonBoyd
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Yes, DW and I spend about $35/mo for two smartphones on Ting.com, which is a highly-ranked MVNO using the Sprint network for CDMA devices and T-Mobile for GSM. We had been paying $175/mo for two lines on a Sprint Family Plan.
We're fairly light users, so Ting works well for us. For heavy users or unlimited-type plans, the going rate for MVNOs is still only around $25-30 per month per phone.
__________________
Retired at 52 in July 2013. On to better things...
AA: 85/15 WR: 2.7% SI: 2 pensions, SS later
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01-25-2015, 11:20 AM
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#17
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2007
Posts: 7,746
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Quote:
Originally Posted by aja8888
Hmmm...I checked their site and the first thing they do besides requiring your e-mail address, zip code and street, is shove a new phone in front of you to buy. Then the service is free for the first month only and a fee applies after that. Not so free, I guess.
I'll stick with PagePlus for $12/month.
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Yeah, you have to click a few buttons to get it for free. As soon as you sign up, you can opt out of any pay services. I get 200 talk minutes, 500 texts IIRC, and 500 MB data for free. And I have the "auto top up" feature disabled so they won't charge me if I hit the data cap (never been close, but I assume the data simply stops flowing).
As for buying a phone, you can buy one from them or use a wide variety of Sprint phones. That's why I mentioned under $100 from ebay - probably cheaper than buying from freedompop. And they do have sprint phones that are under $50 at ebay but just a little too slow for my tastes.
So still pretty much free other than buying a phone initially. So maybe $100 every few years if you want to constantly have a relatively new phone.
$12/mo for pageplus or similar per phone on Ting isn't bad. If I used my phone more and cared about good quality voice everywhere, I might pay up. As it is, I use 0-5 minutes of voice per month and it works out just fine.
__________________
Retired in 2013 at age 33. Keeping busy reading, blogging, relaxing, gaming, and enjoying the outdoors with my wife and 3 kids (8, 13, and 15).
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01-25-2015, 11:38 AM
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#18
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2008
Posts: 12,657
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As a sewist (looks much better than "sewer") I can state unequivocably that unless you are constructing your own couture clothing, it is cheaper, nowadays, to buy clothes than make them. I can buy a decent silk shirt on sale for less than the cost of good silk yardage..let alone a pattern, matching thread, seam binding, interfacing, buttons, and most importantly, my time.
In my Mother's day, the reverse was true, and she not only made most of her own clothes, but her daughters' clothing too. That is why I know the craft; I was raised with it.
Edit: I have saved money by sewing lined curtains for odd-sized windows, where standard panels wouldn't fit and it was not worth the high cost of custom draperies. It's still hours and hours of measuring, pinning, basting, pressing, etc.
Amethyst
__________________
If you understood everything I say, you'd be me ~ Miles Davis
'There is only one success – to be able to spend your life in your own way.’ Christopher Morley.
Even a blind clock finds an acorn twice a day.
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01-25-2015, 11:57 AM
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#19
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,303
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I am usually looking for the best value, cheapest life cycle cost, not cheapest (initial cost). I am often more than willing to pay high purchase prices if that provides the lowest life cycle cost. My experience with cheapest has usually been not the best value. I'd associate value with LBYM before cheap.
And like several others above, not buying things you really don't need, or substituting with some other product/service/activity is even more key to LBYM IMO. I usually seriously ask myself do I really need this, often giving it days, before I decide to buy anything significant. Better than cheapest or best value!
My 1 cents...
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
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01-25-2015, 12:14 PM
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#20
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Gone but not forgotten
Join Date: Jul 2012
Location: Peru
Posts: 6,335
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Quote:
Originally Posted by RonBoyd
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A nice try, too limited... 2 or 3 Bests, 1 or 2 Goods and a few don't bothers. Not much of a review, when there may be 20 different models, items or services.
Just an example... Tires- With 20 major manufactures, 6 tires selected, with Bests and Don't Bothers... And with Pizza Restaurants just 5 or 6.
It's a good try, and maybe some day it will be a place to go to, but maybe, not yet. One of the funny ratings I checked was for Pizza Parlors... Just so happens I had read a similar survey yesterday. In that one, Little Ceasars came out on top... In Cheapism, it was a "Don't Bother". I don't go to either, so
BTW... At the top of the page, is a dedicated Google search, that will bring up many more articles and ratings... all from cheapism.
Consumer Reports is probably the best place to research, but that costs. From what I can see, the Cheapism site relies on reviews from individuals. Pretty hard for a free website to compete with laboratories, and hundreds of experts.
For electronics, looking at three or four "recommended" computers, doesn't narrow the search, when there are hundreds of models out there.
If the selections were really made on the basis of "cheapest price", then the kitchen/Laundry appliance reviews missed the boat, by skipping all of the lower priced models.
Amazon ratings, where there are dozens or hundreds of customer reviews, is my own first choice when Im planning to spend more than $10 or $20.
A fun place to look at the reviews, but IMHO... not to be taken too seriously.
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