The Carnival of Investing is up. The article about ETrade surprised me.
Amazon Credits You New URL: Amazon Credits You. Cool new service: If you buy something from Amazon, enter the info here, and you’ll be notified if they reduce their prices within 30 days.
How much frugality is too much? Totally agree–except about the shampoo/water thing. Every Indian person does that, and I think it’s eminently sensible.
Great article about why tools don’t matter, as I earlier wrote here.
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I'm the New York Times bestselling author of I Will Teach You To Be Rich. I co-founded PBwiki and graduated from Stanford.
4 comments
Leave a commentIt you waste more time looking for deals then you are spending it is also a waste of time. Also if you see something is on sale and you say hey thats a great deal I should buy that, you may also be losing your money because if it wasn’t on sale you would have never bought it and you don’t really need it.
I just want to say thanks for turning me on to all this great information. I bought both Getting Things Done by D.Allen and Never Eat Alone by K. Ferrazzi last night and am halfway through Never Eat and about a quarter of the way with Getting Things Done. After reading your discussion about minutiae I undertook a diet and exercise regimen… this is just in a couple days! I’m working on a marketing degree at a state college but have a couple startups i’m working on right now as well.
Anyways… don’t you think the frugality article is minutiae in itself? I tore through both carnivals and absorbed a lot of interesting information. Do people really use Amazon that much or does Amazon really reduce prices that often that that site is helpful?
You are completely wrong about tools.
Having the correct tool for the job is ESSENTIAL.
What I think you are trying to say is that many times we spend time deciding between two tools that work equally well. e.g. should I cut the butter with a butter knife or a scalpel – it just doesn’t matter.
But, that many tasks can be completed with basic tools doesn’t mean all tasks can.
Try performing surgery with a dull butter knife and then tell me that tools don’t matter.
A better argument is: Get the right tool for the job and realize that many jobs don’t require specialized tools.
Hey retireat30… your post was retarded. Don’t read so much into things. I think we all realize that in certain situations you need certain things. That article focuses more on the fact that one scalpel isnt much different than another company’s scalpel or the fact that if you can’t swing a fuckin’ nine iron then it doesnt matter if snoopy or sam sneed is on your golf bag.
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