Sunday, June 12, 2005

Beware great deals that aren't

MSN Money - Beware great deals that aren't

Particularly, I think the used car vs 0% financing on new car is very intesting.

Now, about warehouses... Even if I live the frugal way, I never go to places such as Wal-Mart, even though you would normally save by going there (and I know that prices are actually lower that my local store most of the time). I live near the downtown, so I think going to local stores might be cheaper that Wal-Mart.

Wal-Marts are generally located in suburbs. In my case, the nearest Wal-Mart is a 10km (~6 miles) run from my home. Parkings are always full and it is always the rush hour there, so my average time spent ony to get there and coming back is more than 30 minutes. Since your time has money value, I'm paying myself $10 for these 30 minutes.

Compare this to the nearest local store, where I can find most of what I need, at a walking distance from home.
Time spent to go: 0 minute, since most of the time, I will jump by the store when I'm walking for any reason in front of it. On top of that, the total 20km (~12 miles) run in car to Wal-Mart, at approximately 0.3$/mile costs about $3.5 just to get there.

And finally, I hate going to Wal-Mart and other warehouses. It is noisy. There are children everywhere running into you. It takes so long to check-out. In the parking lot, people are aggressive. It smells bad. I dislike annoucements on the speakers saying "Thank you for shopping at X" or "Security, camera 3, Security, Camera 3".

6 Comments:

Blogger Viajera said...

Hi Jack. I also hate Wal-Mart. Not only are the stores dirty, crowded and the employees clueless, it is a predatory company that only cares about its own bottom line. I boycott Wal-Mart!

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