Thursday, August 28, 2008

Unhelpful financial advice

Here is a priceless quote from Eric Tyson and Ray Brown's otherwise helpful Mortgages for Dummies (this is advice on how to save up a downpayment):

Put yourself on a budget by eliminating life's little excesses. Rent a DVD for a couple of bucks instead of forking over the better part of $20 to gaze at a first-run flick while munching on pricey popcorn. Don't buy so many fancy designer outfits. Skip that expensive ski vacation, and check out the local museums instead. Take a brown bag lunch to work, and eat dinner at home. Stifle the urge to be the first one on your block to own a high-definition TV set. Stop smoking. Squirrel away all the money you don't waste on frivolities. You'll be astonished to see how quickly your savings grow.

Where, oh where to begin?

  1. We already do Netflix and don't have cable.
  2. Since we arrived in Texas, I believe we have purchased a total of nine movie theater tickets, although one or two movies may be slipping my mind.
  3. What is a "designer outfit"? Wouldn't it be more realistic to say: "Stop buying clothes except for replacements for worn-out or outgrown items."
  4. Expensive ski vacation?
  5. High-definition TV?
  6. Smoking?


MH said...

Smoking is needlessly expensive. A can of Copenhagen costs about the same as a pack of smokes. The cigarettes will last you a day if nothing stressful happens and at worst the Copenhagen is good for four days.

Xantippe said...


With ground-breaking tips like that, you need to write a book. I'm serious.

xantippe said...

Speaking of chew, that was the tobacco of choice among guys where I grew up. It was only years later that I learned that "snus" is actually a Swedish thing. All the time I was growing up, I didn't know that, and I figured it was spelled "snoose."