Stashing since Nov 11, 2020
108 Stashed Ideas
If you work from a loss, it's much harder to get back to where you started, not to mention earn gains.
Managing your finances and budgeting is all about removing the unnecessary so that only the essentials remain, similar to minimalism.
Other than financial necessities, in order to easily manage our finances, we must identify the purchases that matter to us because it's easier to let go of the things that don't.
Many legends from different cultures share the idea that jewels are of divine or superhuman origin.
Dish used an ad campaign to compare the prices of Dish (which was much better priced) with DirectTV and cable TV.
Direct TV countered with a lawsuit, and said that Dish's claims were false as there were differences in package offers. They ran their own series of ads to debunk various Dish advertising claims.
A study done on online shopping behaviour showed that 70 percent of the shoppers abandon their shopping basket, leaving the app/website. The main reason for this behaviour is the unexpected costs, especially the shipping fee, which many buyers see as a sunk cost.**
Free shipping, something expected by many customers during online purchasing, works even if the cost is added to the product, due to a psychological trait of shoppers, who are made to feel as if they have got something extra.
A linear economy is a traditional model based on a 'take-make-consume-waste' approach to using resources.
The raw material is made into a product. After the product comes to the end of its life, it is thrown away. If this model is not replaced, the world will reach a point where it will lose the capacity to sustain itself.
When mortgage interest rates get low, refinancing isn't always the best choice.
Deciding when to refinance your home loan depends on several factors besides whether you can get a better mortgage rate.
When you use credit cards responsibly, they can give you a lot of power. The best circumstances to use a credit card is: