Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Tuesday, February 19, 2008

Lesson 3: Watch a Master Saver at Work



The man might know how to save, but does he know how to earn? He makes $15,ooo a year which is not enough to live comfortably even if he did loosen the grip on his pocket change. I must admit that it is impressive that he is able to save so much though. Saving money is great but I saw some ways that he could do it better. First of all, why is he buying paper towels? A cloth rag might be smarter and more economical. Second, I assumed that a man so interested in saving was equally interested in earning large amounts money. What is the purpose of saving if you are not saving to accumulate towards some goal. Just like we eat certain foods to produce a certain outcome, we must also save to promote a certain outcome, otherwise you miss a chance to use that will power to your advantage. Third, separating toilet paper and squeezing ketchup are time consuming activities, it is best to determine how much your time is worth before you mimic those kinds of practices. For more information on saving money at home check out this book by Josh Garskof, "The Cheap Bastard's Guide to the Good House and Home."

Monday, February 18, 2008

Lesson 2: A tip from your Waiter

Actual tips begin at 4min and 58 seconds. I like the clip because it's entertaining not because I agree with everything he says. It's great to see someone being real about issues in customer service. Watch out for the foul language if you are offended by that sort of thing. One thing to never be stingy on is a server's tip. Unless the worker was a complete butt head, a 15% tip is required. Why? you say... "I could be getting away with so much savings if I shave off this 15%." Yes, you are absolutely right, but essentially that would make you the butt head kicking a man/woman when he or she is down. A person working for petty cash taking care of people's demands all day should get a gratuity. I find that it is far better to establish a good relationship with an eating place so that you can become a repeat customer. Repeat customers usually are given free food as a token of appreciation. It is a good idea to target family owned restaraunts where the owner is present.


 
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