Watching TV costs you $1 million+ over a lifetime

[ESRBob]

Quote:

Originally Posted by Sam Come on, this is an extreme exaggeration. Not driving a car, maybe. But 1MM for TV watching? Not a chance!

Yeah, I wouldn't want to vouch for their numbers, but the concept is intriguing. Sure if your already a frugal FIREe you won't buy all the bells and whistles, and probably won't buy much of the advertised stuff you see on TV, but somebody must be buying this stuff, since advertisers are willing to pay gazillions for 30 or 60 seconds of primetime. I've been in homes where the TV is always on, and the spendaholic consumer culture also just happens to be in full bloom there. Anecdotal evidence, but...

I think there is a connection, for the average person, whatever the real numbers turn out to be.

[Alex]

Quote:

Originally Posted by Spanky Spending an hour on learning more about investing is probably more rewarding than reading about your profession.

that is a mistake. You can learn everything you ever need to learn about investing in about 2 hours. Only the pro's want you to think its hard. By contrast, become an expert in your field an you increase your potential earnings. Then you LBYM and invest the money.

[free4now]

The premise of the article, that compounding makes any money leaks huge over a lifetime, is of course true. But somehow I don't expect we'll see an article on how much you lose over a lifetime by subscribing to financial newsletters and acting on their silly articles.