MakingCentz

Snarky Thoughts on Personal Finance From a Dad of Two

Young People: Ease Up On the Valentine’s Spending

I pity the fool who had to cut out and hang all those hearts.

I pity the fool who had to cut out and hang all those hearts.

A new report on Valentine’s Day spending shows that young people tend to spend the most on the holiday than older Americans.

The National Retail Federation reports that people between 18 and 34 will spend between $20 and $30 more than the average for all Americans on their significant other or spouse.

The problem, though, is that young people are often the group with the least amount of disposable income to spend on such things.  Continue reading

Want a Better Deal? You Have to Ask

Are you really getting the best deal? Make sure to ask?

Are you really getting the best deal? Make sure to ask.

Generally speaking, companies will give out a deal or discount if they want to lure you into buying their product or service.

They are less likely to give you a deal once they have you as a customer.

Imagine a restaurant offering you 20 percent off the check after you’ve already ordered and eaten your food.

Imagine a cable company deciding to lower your bill by $10 a month just…because.

That never happens.

But if you ask, there will often be discounts available for existing customers. That’s they key…YOU HAVE TO ASK.  Continue reading

On Birchbox and the Silliness of ‘Curated Consumption’

Look! A box of financial stupidity!

Look! A box of financial stupidity!

We all love getting packages. It’s exciting to open your front door and see a box sitting there, and it’s even more exciting when we’re not sure what’s inside. (A gift! For me!)

This appears to be the motivation behind companies like Birchbox and other ‘curated commerce’ companies. For a monthly, quarterly or yearly fee, you get a box of stuff sent to you once a month. It could be cosmetics.It might be shoes. It might be a collection of random stuff. 

It’s also a waste of your money.

Continue reading