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Save Money by Not Using So Much

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I love when my wife has an idea for an article. Often, I feel like I get too caught up in a particular topic and the fresh ideas challenge me to think a little differently. Today's article is the fruit of her idea.

My wife mentioned that many people are wasteful... and it often isn't their fault. The first example she gave was toothpaste. The recommended amount of toothpaste is the size of a pea. However, the marketing is three or four peas.

How many peas are in this toothpaste marketing?

I found that one dentist called out this marketing as well.

The end results is that people use 3 or 4 times as much toothpaste as they should.

I know what some of you are going to say because I said it myself, "I'm going to throw $20 into a toothpaste account and just use as much as damn please. I've got enough problems without worrying about Toothpaste Police."

To some degree that's probably correct... your energy may be better spent elsewhere. However, it isn't just toothpaste.

People generally use too much shampoo (the size of a quarter is best from what I've read). Laundry detergent is another famous one where cups are often sized to be more than you need. My vet says that you don't want to use the guidelines on dog food as it is generally too much. Then there's the oil change places that say to come in every 3000 miles even if your car's manual says every 5,000 or 10,000 miles.

You put all these things together and they start to add-up over time. Depending on the number of them, it can be a few hundred dollars a year or more. None of the changes above really inconvenience you. In fact getting fewer oil changes is time saved. So I look at these things as if someone just offered me a few hundred dollars. Why not take it, right?

What other things can you use less of save money without changing your life?

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Save Money On...

Last updated on July 28, 2014.

To Invest or Not To Invest the Baby Money

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I was reading My Journey to Millions last week and the topic of children accounts came up. Currently the kids, ages 21 months and 6 months, have savings accounts for money that was gifted by family and friends. It isn’t a ton of money, but it adds up. Obviously, it made sense to get them […]

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Investing, Kids

Last updated on July 28, 2014.

Approaching a Net Worth Milestone

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It’s been a number of years since I revealed my net worth. I’ve still been tracking it, but instead of doing it once a month, it is more or less once a quarter. One could argue that I should get in the habit of doing it on a specific date. That would allow me to […]

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About / Admin, Net Worth

Last updated on July 27, 2014.

Is Kangen Water a Scam?

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Today’s MLM question is about Enagic’s Kangen Water. I first got an email about this back in late December of 2011. Due to the Christmas holiday, I missed the email. Since then I’ve steadily gotten questions about it every 6 months or so. Each time, I got a question, I thought I should write an […]

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MLM

Last updated on July 27, 2014.

There Is No Today

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Last week, I woke up and I had a most unusual “first thought.” There was no “today.” I thought this because I sometimes play Devil’s Advocate with myself. I try to see if I can convince myself of the opposite thought. The opposite of “today” is “no today”, right? Now obviously the day existed and […]

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Uncategorized

Last updated on July 18, 2014.

The Genius of Weird Al Yankovic

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For those who haven’t been disconnected from the world over the last couple of weeks, “Weird” Al Yankovic has been busy promoting his new album Mandatory Fun. It’s an ingenious promotional campaign where he put out new videos every day for over over a week. Personally, the last thing I remember from him is Amish […]

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Celebrities

Posted on July 23, 2014.

Making Money in the Sharing Economy

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You may have heard the term sharing economy over the last few years. It can mean a lot of different things to different people, but I’ve come to use as a set-up start-up companies that allow you to rent resources that you aren’t currently using to others. Perhaps one of the most popular examples of […]

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Income Growth

Last updated on July 18, 2014.

Is Amazon’s Kindle Unlimited A Good Deal?

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Amazon has just announced a new service, Kindle Unlimited.  For $10 per month, you get access to 600,000 books and 2000 audio books.  Is this a good deal? Well, first of all, in classic Amazon style, there’s a free 30 day trial.  Give it a spin and if you don’t like it, just cancel. What’s included […]

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Entertainment, Spending

Last updated on July 20, 2014.

WorldVentures and MLM Lawsuits

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Earlier this week I was alerted by my friend Amthrax about MLM company, WorldVentures, threatening a blogger. The target of the threat was Stephanie Yoder who writes a travel blog called Twenty-Something Travel. She was approached by an independent distributor for WorldVentures and wrote an article giving her opinion of it: WorldVentures: This is NOT […]

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... and focuses on:

MLM

Last updated on July 15, 2014.

Should You Leave Money to Your Kids?

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Let’s pretend for a minute that you are a rich celebrity with millions and millions of dollars. Would you leave the money to your children? Sting says he won’t in this article. Specifically Sting says: “I told them there won’t be much money left because we are spending it! We have a lot of commitments. […]

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Kids, Money Management

Last updated on July 11, 2014.

 
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