Money-Related Ideas for the Poor College Student (SAP #4)

[koreankamikaze]

Welcome to the 4th Summer Asian Post of this summer. I feel as though this may be the last or the second-to-last one, as I can't believe that August has already hit us! That being said, I can only begin to look forward to my time in Korea this Fall. But the thought also ran across my mind: what if I was in Charlottesville in the Fall? This isn'

Comments

[robyrt]

I use this method to determine entertainment purchases - it's how I justified spending $1000 on an Xbox and related equipment, because I'd determined $2/hour to be a good value and got an estimated 500 hours of time out of it.

By this method, clothes have a self-limiting factor, though - there's a hard limit to the total number of hours you will use shoes, so each new pair of shoes decreases the value of all of your shoes. (Unless you run all your shoes into the ground, which you probably don't if you are buying shoes on a regular basis.)

I hadn't thought of the multiplier - it could help justify really expensive pursuits like live concerts and Magic cards that would otherwise be terrible.

[anonymous]

I don't know about you, but I spend more bandwidth on music than money.