Spanky
Thinks s/he gets paid by the post
That's only 0.1%. Is that enough?My Simple LBYM plan: For every $10 of income, spend less than $9.99.
0.10%
That's only 0.1%. Is that enough?My Simple LBYM plan: For every $10 of income, spend less than $9.99.
That's only 0.1%. Is that enough?
0.10%
He said "simple", not "sufficient".That's only 0.1%. Is that enough?
0.10%
We are talking about people who have to push the button with the hamburger or do a scan rather than ring up a price, and who struggle to make change.
Sad but true. Only in the good old USA would you find a market for something like this: Koloroo » TipKalc: Clever tip calculator widget for your iPod.
We are talking about people who have to push the button with the hamburger or do a scan rather than ring up a price, and who struggle to make change. They are sold stuff based on the monthly payments because that's a yardstick they can understand, while the fine print may be intentionally obscure. Buying a car for cash makes the salesman's face fall, 'cause they know they make a bundle on the financing. Not exactly the same with a house, but then there's only a select few that can buy a house for cash in the US. Mortgage brokers can screw you; banks can screw you. Few people are mathematically equipped to deal with the most important purchase in their lives despite the fact that most people undertake it. Look at how easily they rack up CC debt at what can become double-digit rates.. they're not gonna be figuring what a 1% or 2% mortgage interest rate rise means until it's too late. Those numbers sound puny until they materialize at some "far-off" possible future date. Who knows that they might be thinking.. at 5% or 6%.. "hey, it could go up.. OR DOWN!!"
Just had to share my conversation with the young teacher across the hall.....
I told her I was moving and would be selling my air conditioner... and that it took me a long time to find one that would fit the small upstairs windows we all have.
She asked me if you plug it in.
Few people are mathematically equipped to deal with the most important purchase in their lives despite the fact that most people undertake it.