I’m surprised it’s that low.
Working as inteded. The whole move to subscriptions is because people tend to forget about them. They stop using a service but don’t cancel it.
Oh no, with those savings they could pay a month of rent in 5 years or so!
$250/year starting investing in 2020 into the regular S&P 500 would be worth $3,703 today. So maybe as much as a month and a half of rent depending on where you live. However the point being is, if the subscription is unused, you’re not getting any value for it. A free month (or more) of rent is something you’ll actually use.
would be worth $3,703 today. Or perhaps $250 tomaro when the AI bubble pops. An investment in the market is obviously worth more to those high-living traders, of course (and those fee-loving brokers), so they concur.
Yeah, I was just taking the piss. Honestly I would love even an extra spare $20 a month!
I might not just know “ThE vAlUe Of A dOlLaR!!¡” but 20 dollars would make no difference a month.
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A common insurance co-pay to see a Primary Care Physician (regular family doctor) is $40. That could mean going to the doctor or not for some folks.
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$20 would pay for five different 30 day prescriptions of common generic prescription drugs.
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$25 ($5 short) would buy more than a month’s worth of insulin.
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$20 will by 35lbs or rice. That’s well over 2 weeks worth of meals (at 2000 calories a day).
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$20 will pay for one month of mobile phone service with unlimited talk and text along with 4GB of data (as well as hotspot functionality)
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$20 would pay for 100 full charges on a very large ebike battery. Thats enough to go 7500 miles of range on average.
Yeah, but it would make a marginal if almost unnoticeable dent in any bills I’m actually stressed/worried by.
What is the dollar figure of your highest interest bill and its interest rate?
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While I agree $20 doesn’t go far, a $20 bill at least makes sure I have enough to give my kid if he says he needs a couple bucks.
Which as always is a fair answer. I do get feelings of joy remembering asking my parents for something and them actually saying yes for like a book/video game/flash drive. Hell, I remember being excited exactly that way getting an 8gb flash drive so I could finally burn dvd’s to something other than physical DVD’s.
Hope your kid gets that too!
To be fair my kid is a man now, he still lives at home but that is mainly because he doesn’t have a need to move out and he can save up while he lives at home (he works in his chosen field but prices are crazy). He definitely got almost anything he wanted but he always asked for stuff within reason and against all odds we’ve had a particularly lucky run at things over the past decade or so.
If you’re only thinking of a single month, sure. But $20 is $20.
If someone gave you $240 every year for Xmas would you be stoked or would that feel insignificant?
I would be stoked, depending on the source. But with that I could take a noticeable chunk out of debt/buy a good pair of boots/use as a down payment on something.
But 20 a month would not make a noticeable difference, even if the end result would be the same. I can’t do anything with 20 dollars a month that I cannot do now.
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Hey if they cut out the avacado toast it would only take 4.5 years
That’s how gym memberships have worked forever.
Cancel subscription, the headline:
Millenials are killing subscription-based businesses!
😛
which is 20 a month.
not a huge economic loss. that’s two drinks at a bar, our four coffees at starbucks.
people are spending a lot more than that other places. I have known plenty of people who are pay $2400-3000 a year on gym memberships they never use, because they had to get on to a ‘good gym with a steam room’ or something utterly absurd like that. who also whine about how broke they are and how expensive everything is… the same folks who ask you why you don’t have the newest iphone that just came out and talk about how ‘old’ their 1 year old phone is.
or just the habit of eating out a few times a week, will easily run you $300 a month or more.
$20 for two drinks at the bar? Must be some cheap drinks, hell I haven’t seen cocktails under $15 in a couple of years now, and craft beer pints are $10+. Wild how much prices have ramped up, but our paychecks sure haven’t.
cocktails are expensive because they take time to make. $15 cocktails is pretty cheap for me, where I am they are often closer to $20 unless you’re at a dive bar. $10 is a domestic beer or a house wine, which is what most folks drink when they go out.
Not this household.
Those are rookie numbers.
So 1.5 trips to the grocery store.
Where is this cheaper than Aldi market?
…as opposed to US children? Odd headline.
