πŸ“… Beware the monthly trap


Good day to you Reader,

Thank goodness for emergency funds - our Bosch dishwasher showed the dreaded E:15 error (water leak) and despite my best efforts, it wasn't an easy fix (replace a diverter valve).

A call to a technician and a few hundred bucks later, it was fixed. A $50 part = hundreds when you need a professional to diagnose and install it.

Hopefully nothing else breaks for a few years!


​(View this email as a webpage)​

πŸ“… Beware the monthly trap

Ever wonder why everything is sold as a monthly payment? It's not an accident.

Marketers have realized that if you take a big price and break it down into a series of smaller, more palatable payments, we are more likely to buy something. It's called the Monthly Money Trap.

β€‹πŸ‘‰ The Monthly Money Trap: How An β€œAffordable” Payment Isn’t​

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πŸ“Ί Do you know about Kanopy?

​Kanopy is a service that you get through your library (they partner with 200+ public library systems) and it has 30,000+ movies and educational videos.

All free. Some good ones too.

Check it out!

β€‹πŸ‘‰ Watch My Instagram post about Kanopy​

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7️⃣ Every wonder why we have 7 day weeks?

A little trivia for you...

β€‹πŸ‘‰ Why we have 7-day weeks?​

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What did you think of today's email?​
βœ… I Loved It! 🟨 It Was Okay ❌ Not My Favorite​

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Talk to you soon!

Jim

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PS. 6 bottles of wine for $36 from First Leaf? Yes, but only through July 28th.

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​(see archive of previous emails)​


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Hi, I'm Jim Wang and I share my strategies and tactics for managing your money and enjoying more out of life.

I have been writing about money for nearly 20 years and believe that personal finance is one of those subjects that is made complicated because it benefits a select few. Our aim is to help make it easier to understand so that regular folks can use what we teach to take control of their money and build wealth.

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