I second that! Just the other day we needed a small amount of change to use a payphone (no cell service where I was...) I actually had to ask my kids, "Does anyone have 50 cents Mommy can borrow?" Now I always carry at least a couple bucks in cash. Thanks!
This is only sorta related. My dad is an optometrist. I was amazed to learn years ago that disposable contact lens are no different than daily wear...The upshot is..Buy a short term supply of disposables...Be sure to do that protein soak bath treatment to keep them clean and clear and they will last you a very long time and save you tons of cash...
A little math to show what's going on. (Assuming the combination is 4 digits)
If the burgler knows the four numbers (based on the wear/oil) but not the order ... there are only 24 possible combinations.
4*3*2*1
If you want to be tricky and repeat a number, so that there are only three worn/oily numbers, you're actually helping the burgler by decreasing the number of possible combinations to 18.
3*3*2*1
Now, if you remove the ability to tell which keys are part of the combination (clean them or wear them all down) ... you leave the burgler with 10,000 possible combinations.
10*10*10*10
As you can see, just knowing what keys to use dramatically reduces the number of possible combinations for the burgler to try.
I always throw a little bit of baking soda (1/8 - 1/4 cup) in my daughter's bathtub. It is supposed to help with diaper rash and, so far (she is two and a half), she has not had much of a problem with that.
It's true that there's a wide spectrum between crappy jobs and jobs that engage your passion. My suggestion is to aim way down at the far passionate end of that spectrum. But anything down towards that end will be better than anything up at the other end, and may well pay more.
I disagree, though, on giving labor away for free. First, it isn't free--it's in exchange for contacts, experience, and the chance to live your dream. Second, it's an incredibly powerful technique that a lot of people don't know about (and that a lot of other people can't take advantage of because they've got bills to pay), and that gives you a huge leg up on the competition, giving you a chance to get into awesome situations that would otherwise be closed because you lack experience.
Arranging things so that your passion--your true work in life--is also your day job, is probably the best single step you can take toward making your life a happy one. Compared to that, a bit of pocket money is of insignificant value. Of course, if you can get both, so much the better.
I recommend this test: In the first few weeks at a new job you ought to be saying to yourself, "I can't believe they're paying me for this. I hope they don't find out that I'd do this for free, just because it's so cool." If you're not, then I don't think you've found your passion. I was, the first few weeks at my first job.
All of which is why I use double cylinder dead bolt locks on the entire house, particularly the door from the garage. I also pin the hinge on one of the doors--the locked dead bolt on one side and the pinned hinge on the other makes the door impossible to remove from the frame.
To pin a hinge, remove one screw from the hinge plate (door or frame side, it doesn't matter). Replace with an extra long screw (pilot drill a hole to keep from splitting the wood). On the screw hole directly opposite this new longer screw, remove the screw entirely.
The next requires a bit of trial and error. Back the long screw out until it engages in the empty hole on the opposite side. It may take grinding the head of the long screw a bit. It may also take a bit of grinding at the hinge metal around the empty hole to get a smooth operating fit.
Don't forget, btw, to replace dead bolt strike plate and door side screws with extra long screws as well. This is particularly important in the garage, where a burglar could work on the door behind the closed garage door for some long time without interruption.
my Energizer Alkaline No 529 6 volt lantern battery has four 1.5 volt (1.5 times 4 = six volts) double length 'C' cell batteries (exactly the same length as two 'C' cells taped end to end, but completely metal clad with a press formed body and a rolled crimp at the + end.
You owe me a battery, I think. The things I do for "science"--big sigh.
Actually, a pocket protector comes with the delux DVD edition of Serenity. For those of you who doubt Serenity's awesomeness. Check out this scene and this one. (major spoiler for Shindig episode).
You assume that all young people are going to have unrewarding, crappy jobs in food service, retail, or other typical college worker industries, but that's just not true. It's entirely possible for students to get a job that teaches them about the real world and pays the bills at the same time, without having to do loads of grunt work or give away free labor.
I worked all through college in challenging, well paying jobs while still enjoying the security net that my parents gave me. I learned about real estate, contracts, human resources administration, how to build a web site from scratch, designing in AutoCAD, and perhaps most importantly, the idiosyncrasies of both small business and the corporate world. My work opened my eyes to industries that I had no idea even existed, and probably never would have understood without doing what I did. When I graduated, I had loads of useful, marketable experience under my belt, a nice chunk of savings, and a major leg up on everyone else in my graduating class.
It's irresponsible to recommend that anyone give away labor for free. Being a young person or a student does not mean that you don't have valuable skills that are worth cold hard cash. Presenting yourself in this manner sets you up as a second-class worker who is likely to get grunt work and learn very little from the experience. It is far better to be a "real" employee, excel at your job, and get your hands into everything you possibly can.
Under the scenario you painted my choices are $15,000 a year income and $500,000 in the bank or $20,000 a year income and $0 in the bank.
No brainer, I'll take the half mill thank you. Why? Because your scenario is highly flawed.
Your analysis falls short in two key areas. First, the interest rate you qoute as a return for the non-annuity scenario is ridiculously low. The fact is the spread between what you can earn safely on your money and what the annuity is paying isn't nearly as wide as you state it is. When you recaculate using accurate return rates what you suggest makes no sense.
Also what you fail to mention of extreme importance to your analysis is that you put yourself in a position where you have no emergency fund. That is about as poor an idea as anyone could possibly suggest as financial advice. The whole reason we save and invest is to have an available supply of funds to draw on not just live on but to deal with unforeseen expenses and emergencies. Under your scenario if an extraordinary cost arises there isn't anyway to deal with it other than borrowing money. Bad, bad, bad.
Your example does NOT reflect real world conditions. But it is a great suggestion if you happen to sell either of or both of these vehicles. Commissions are a wonderful thing.
... are:
1. He has a TV crew behind him. For most people that is a HUGE distraction. They are put in a strange, INTENSE situation and their brain is mostly involved not to get embarassed etc
2. There is this effect of . People, when exposed publicly, tend to help the authoritive figure by doing what is expected from them in order to spocially comply to the man with the higher social staus.
This is a HUGE help. It deos not explain it all, but all the cash teller mistakes (the loosing ticket at the dog race, paying with blank money) - for sure.
First, 32 batteries could actually fit snuggly inside the 6v housing, They would need to be arranged in 2 layers of 4x4. Second, I asked a few physics wizards that I know and they said that it is very possible to create a 6v battery from 32 AAs. It's all how you wire them together.
And that made me stop in my tracks. I didn't see any wiring in the box. So I took apart my 6v and found 4 1.5v batteries, not 32 AAs. But, does that mean this is fake or true? I suspect it may actually be fake after all, as the place is called gagfilms (boy, how did I miss that one?) so egg is now all over my face. Until I hear a definitive BS called on this, I'm hopeful it may still work. And I do think battery companies have a lot to hide. But as this mythbusters often say, this one's busted.
Nice catch guest, I'm the first to admit when I'm wrong and have edited the article accordingly.
I've had weird experiences with batteries. I understand that they are all made at the same factory, but buying store brand batteries once cost my middle school nerd brigade the national title in our nerdy robot competition.
Then again, it might have been a conspiracy on the part of the store to get us to buy the brand name batteries by selling expired store-brand batteries. Who knows?
Paul, remind me not to have kids. Or not to buy my kids toys that require batteries. Yup. Just some dolls made out of old socks or something.
I don't know much about today's battery industry, and this comment isn't specifically addressed to the pricing policies of batteries, but related enough, I think. My grandmother used to work in a battery factory in Wisconsin (back when stuff was still made in the US...). They made blank batteries like the ones that fill the 6V, which were then wrapped in a variety of labels: RayOVac, Duracell, etc. WHich is to say, there was no difference in the batteries sold by different brands -- they were exactly the same, even though some brands were cheap and others expensive.
Since then, some new technologies have been introduced, like batteries specifically for electronics, that I assume are proprietary, so maybe this doesn't go on as much anymore (though I doubt it: like everything else, I'm sure batteries are made in a handful of Chinese factories that contact out to all the major companies).
I don't know much about today's battery industry, and this comment isn't specifically addressed to the pricing policies of batteries, but related enough, I think. My grandmother used to work in a battery factory in Wisconsin (back when stuff was still made in the US...). They made blank batteries like the ones that fill the 6V, which were then wrapped in a variety of labels: RayOVac, Duracell, etc. WHich is to say, there was no difference in the batteries sold by different brands -- they were exactly the same, even though some brands were cheap and others expensive.
Since then, some new technologies have been introduced, like batteries specifically for electronics, that I assume are proprietary, so maybe this doesn't go on as much anymore (though I doubt it: like everything else, I'm sure batteries are made in a handful of Chinese factories that contact out to all the major companies).
Another good point but do you find that the spread always works in favour of the insurance company for both the annuity and the life insurance? By that they are charging more for the premium than necessary for profit and margin of safety and they are underpaying on the annuity for the same reasons - I think that when health is less than average the insurance premiums go up faster than the annuity payments do they not?
In the end I suppose you have to actually get the quotes on both before seeing if the strategy is viable for any one person's situation.
I can accept it all, but this one in the Mind Control series:
How can he tell the exact amount of cash in my wallet, when I rarely know that myself? Just by asking non-essential questions.
I can't imagine any mechanism. Unless he sees - in my voice and body language - what I did the last week (or two) with the 100 euro I took out of the cash machine AND make calculations based on the things that I payed for.
This is either done by cheating or he made 1000 attempts and guessed wright few.
I just wanted to say that I own a wii and i am parcialy satisfied with the console. Ive had my wii for about 6 and a half months and ive never had any problems with it. I like the wii because it is kind of like virtual reality, its cheap, and its basically an evolution of nintendo. But i have to say, the wii does not have a good selection of games right now. Although i did hear that the wii's games will improve later in the year. But besides that, when it comes to family fun the wii is an awesome choice, but for first player and online expirience the xbox 360 is for me. I am getting an xbox 360 soon and I want to be sure that it is a reliable system. So thanks for the advice and I will get one next year or maybe another system.
I second that! Just the other day we needed a small amount of change to use a payphone (no cell service where I was...) I actually had to ask my kids, "Does anyone have 50 cents Mommy can borrow?" Now I always carry at least a couple bucks in cash. Thanks!
This site provides a useful guide to navigating the different consolidation companies:http://highereducationscam.blogspot.com/
Why not use rechargeable batteries? They've improve a lot over the years. They're best for the environment and the pocketbook.
This is only sorta related. My dad is an optometrist. I was amazed to learn years ago that disposable contact lens are no different than daily wear...The upshot is..Buy a short term supply of disposables...Be sure to do that protein soak bath treatment to keep them clean and clear and they will last you a very long time and save you tons of cash...
A little math to show what's going on. (Assuming the combination is 4 digits)
If the burgler knows the four numbers (based on the wear/oil) but not the order ... there are only 24 possible combinations.
4*3*2*1
If you want to be tricky and repeat a number, so that there are only three worn/oily numbers, you're actually helping the burgler by decreasing the number of possible combinations to 18.
3*3*2*1
Now, if you remove the ability to tell which keys are part of the combination (clean them or wear them all down) ... you leave the burgler with 10,000 possible combinations.
10*10*10*10
As you can see, just knowing what keys to use dramatically reduces the number of possible combinations for the burgler to try.
I believe you were just trying to illustrate the concept with simple numbers, not tell people to ignore a savings plan . . .
I had heard about the annuity strategy before, but under a completely different scenario.
It can't be easy thinking up clever turns of phrase every month with the link love write up. Way to go.
I always throw a little bit of baking soda (1/8 - 1/4 cup) in my daughter's bathtub. It is supposed to help with diaper rash and, so far (she is two and a half), she has not had much of a problem with that.
It's true that there's a wide spectrum between crappy jobs and jobs that engage your passion. My suggestion is to aim way down at the far passionate end of that spectrum. But anything down towards that end will be better than anything up at the other end, and may well pay more.
I disagree, though, on giving labor away for free. First, it isn't free--it's in exchange for contacts, experience, and the chance to live your dream. Second, it's an incredibly powerful technique that a lot of people don't know about (and that a lot of other people can't take advantage of because they've got bills to pay), and that gives you a huge leg up on the competition, giving you a chance to get into awesome situations that would otherwise be closed because you lack experience.
Arranging things so that your passion--your true work in life--is also your day job, is probably the best single step you can take toward making your life a happy one. Compared to that, a bit of pocket money is of insignificant value. Of course, if you can get both, so much the better.
I recommend this test: In the first few weeks at a new job you ought to be saying to yourself, "I can't believe they're paying me for this. I hope they don't find out that I'd do this for free, just because it's so cool." If you're not, then I don't think you've found your passion. I was, the first few weeks at my first job.
All of which is why I use double cylinder dead bolt locks on the entire house, particularly the door from the garage. I also pin the hinge on one of the doors--the locked dead bolt on one side and the pinned hinge on the other makes the door impossible to remove from the frame.
To pin a hinge, remove one screw from the hinge plate (door or frame side, it doesn't matter). Replace with an extra long screw (pilot drill a hole to keep from splitting the wood). On the screw hole directly opposite this new longer screw, remove the screw entirely.
The next requires a bit of trial and error. Back the long screw out until it engages in the empty hole on the opposite side. It may take grinding the head of the long screw a bit. It may also take a bit of grinding at the hinge metal around the empty hole to get a smooth operating fit.
Don't forget, btw, to replace dead bolt strike plate and door side screws with extra long screws as well. This is particularly important in the garage, where a burglar could work on the door behind the closed garage door for some long time without interruption.
my Energizer Alkaline No 529 6 volt lantern battery has four 1.5 volt (1.5 times 4 = six volts) double length 'C' cell batteries (exactly the same length as two 'C' cells taped end to end, but completely metal clad with a press formed body and a rolled crimp at the + end.
You owe me a battery, I think. The things I do for "science"--big sigh.
Actually, a pocket protector comes with the delux DVD edition of Serenity. For those of you who doubt Serenity's awesomeness. Check out this scene and this one. (major spoiler for Shindig episode).
You assume that all young people are going to have unrewarding, crappy jobs in food service, retail, or other typical college worker industries, but that's just not true. It's entirely possible for students to get a job that teaches them about the real world and pays the bills at the same time, without having to do loads of grunt work or give away free labor.
I worked all through college in challenging, well paying jobs while still enjoying the security net that my parents gave me. I learned about real estate, contracts, human resources administration, how to build a web site from scratch, designing in AutoCAD, and perhaps most importantly, the idiosyncrasies of both small business and the corporate world. My work opened my eyes to industries that I had no idea even existed, and probably never would have understood without doing what I did. When I graduated, I had loads of useful, marketable experience under my belt, a nice chunk of savings, and a major leg up on everyone else in my graduating class.
It's irresponsible to recommend that anyone give away labor for free. Being a young person or a student does not mean that you don't have valuable skills that are worth cold hard cash. Presenting yourself in this manner sets you up as a second-class worker who is likely to get grunt work and learn very little from the experience. It is far better to be a "real" employee, excel at your job, and get your hands into everything you possibly can.
Under the scenario you painted my choices are $15,000 a year income and $500,000 in the bank or $20,000 a year income and $0 in the bank.
No brainer, I'll take the half mill thank you. Why? Because your scenario is highly flawed.
Your analysis falls short in two key areas. First, the interest rate you qoute as a return for the non-annuity scenario is ridiculously low. The fact is the spread between what you can earn safely on your money and what the annuity is paying isn't nearly as wide as you state it is. When you recaculate using accurate return rates what you suggest makes no sense.
Also what you fail to mention of extreme importance to your analysis is that you put yourself in a position where you have no emergency fund. That is about as poor an idea as anyone could possibly suggest as financial advice. The whole reason we save and invest is to have an available supply of funds to draw on not just live on but to deal with unforeseen expenses and emergencies. Under your scenario if an extraordinary cost arises there isn't anyway to deal with it other than borrowing money. Bad, bad, bad.
Your example does NOT reflect real world conditions. But it is a great suggestion if you happen to sell either of or both of these vehicles. Commissions are a wonderful thing.
... are:
1. He has a TV crew behind him. For most people that is a HUGE distraction. They are put in a strange, INTENSE situation and their brain is mostly involved not to get embarassed etc
2. There is this effect of. People, when exposed publicly, tend to help the authoritive figure by doing what is expected from them in order to spocially comply to the man with the higher social staus.
This is a HUGE help. It deos not explain it all, but all the cash teller mistakes (the loosing ticket at the dog race, paying with blank money) - for sure.
First, 32 batteries could actually fit snuggly inside the 6v housing, They would need to be arranged in 2 layers of 4x4. Second, I asked a few physics wizards that I know and they said that it is very possible to create a 6v battery from 32 AAs. It's all how you wire them together.
And that made me stop in my tracks. I didn't see any wiring in the box. So I took apart my 6v and found 4 1.5v batteries, not 32 AAs. But, does that mean this is fake or true? I suspect it may actually be fake after all, as the place is called gagfilms (boy, how did I miss that one?) so egg is now all over my face. Until I hear a definitive BS called on this, I'm hopeful it may still work. And I do think battery companies have a lot to hide. But as this mythbusters often say, this one's busted.
Nice catch guest, I'm the first to admit when I'm wrong and have edited the article accordingly.
it's a fake don't you think?
ever thought that 32 batteries don;t equal to 9volts?
and that they can;t fit in there?
and it's just kind of sarcasm?
I've had weird experiences with batteries. I understand that they are all made at the same factory, but buying store brand batteries once cost my middle school nerd brigade the national title in our nerdy robot competition.
Then again, it might have been a conspiracy on the part of the store to get us to buy the brand name batteries by selling expired store-brand batteries. Who knows?
Paul, remind me not to have kids. Or not to buy my kids toys that require batteries. Yup. Just some dolls made out of old socks or something.
I don't know much about today's battery industry, and this comment isn't specifically addressed to the pricing policies of batteries, but related enough, I think. My grandmother used to work in a battery factory in Wisconsin (back when stuff was still made in the US...). They made blank batteries like the ones that fill the 6V, which were then wrapped in a variety of labels: RayOVac, Duracell, etc. WHich is to say, there was no difference in the batteries sold by different brands -- they were exactly the same, even though some brands were cheap and others expensive.
Since then, some new technologies have been introduced, like batteries specifically for electronics, that I assume are proprietary, so maybe this doesn't go on as much anymore (though I doubt it: like everything else, I'm sure batteries are made in a handful of Chinese factories that contact out to all the major companies).
I don't know much about today's battery industry, and this comment isn't specifically addressed to the pricing policies of batteries, but related enough, I think. My grandmother used to work in a battery factory in Wisconsin (back when stuff was still made in the US...). They made blank batteries like the ones that fill the 6V, which were then wrapped in a variety of labels: RayOVac, Duracell, etc. WHich is to say, there was no difference in the batteries sold by different brands -- they were exactly the same, even though some brands were cheap and others expensive.
Since then, some new technologies have been introduced, like batteries specifically for electronics, that I assume are proprietary, so maybe this doesn't go on as much anymore (though I doubt it: like everything else, I'm sure batteries are made in a handful of Chinese factories that contact out to all the major companies).
Another good point but do you find that the spread always works in favour of the insurance company for both the annuity and the life insurance? By that they are charging more for the premium than necessary for profit and margin of safety and they are underpaying on the annuity for the same reasons - I think that when health is less than average the insurance premiums go up faster than the annuity payments do they not?
In the end I suppose you have to actually get the quotes on both before seeing if the strategy is viable for any one person's situation.
Maybe cheaper to just buy a shirt that says "Nerd Alert" and spend the leftovers on a pocket protector or something. :)
I can accept it all, but this one in the Mind Control series:
How can he tell the exact amount of cash in my wallet, when I rarely know that myself? Just by asking non-essential questions.
I can't imagine any mechanism. Unless he sees - in my voice and body language - what I did the last week (or two) with the 100 euro I took out of the cash machine AND make calculations based on the things that I payed for.
This is either done by cheating or he made 1000 attempts and guessed wright few.
I just wanted to say that I own a wii and i am parcialy satisfied with the console. Ive had my wii for about 6 and a half months and ive never had any problems with it. I like the wii because it is kind of like virtual reality, its cheap, and its basically an evolution of nintendo. But i have to say, the wii does not have a good selection of games right now. Although i did hear that the wii's games will improve later in the year. But besides that, when it comes to family fun the wii is an awesome choice, but for first player and online expirience the xbox 360 is for me. I am getting an xbox 360 soon and I want to be sure that it is a reliable system. So thanks for the advice and I will get one next year or maybe another system.