*formerly posted on the BGSU MBA blog in 2009
When taking Economics and Finance courses in my undergraduate studies, I began shaping a better understanding of personal finances. In these courses, I learned about topics such as APRs and EARs, fiscal responsibility, and deficit spending. Applying this to my personal financial situation, I knew that I wanted to always be responsible with my spending while also being willing to spend money to make useful purchases in advance or purchase/spend on necessities, such as education/school.
Part of the personal finance equation is bargain hunting--i.e. looking for good deals at a lower than expected price. Numerous students bargain hunt. Graduate students typically bargain hunt. I bargain hunt. Some of my peers bargain hunt. The desire to bargain hunt is both practical and satisfying. By finding nicely priced goods and services, I can spend less and save money. At the same time, I can put my critical thinking skills to use and see just how well I can do with bargain hunting. A recent find was an all-in-one printer/scanner/copier/fax machine at a regular store price of $90 and MSRP as high as $110 to $120, for the outstanding clearance price of $45! I purchased the second-last one in the store for myself and then went back and got the last one for my uncle's family after I told my uncle about it.
What are some of the good bargains you have found? On what are you willing to deficit spend?
When taking Economics and Finance courses in my undergraduate studies, I began shaping a better understanding of personal finances. In these courses, I learned about topics such as APRs and EARs, fiscal responsibility, and deficit spending. Applying this to my personal financial situation, I knew that I wanted to always be responsible with my spending while also being willing to spend money to make useful purchases in advance or purchase/spend on necessities, such as education/school.
Part of the personal finance equation is bargain hunting--i.e. looking for good deals at a lower than expected price. Numerous students bargain hunt. Graduate students typically bargain hunt. I bargain hunt. Some of my peers bargain hunt. The desire to bargain hunt is both practical and satisfying. By finding nicely priced goods and services, I can spend less and save money. At the same time, I can put my critical thinking skills to use and see just how well I can do with bargain hunting. A recent find was an all-in-one printer/scanner/copier/fax machine at a regular store price of $90 and MSRP as high as $110 to $120, for the outstanding clearance price of $45! I purchased the second-last one in the store for myself and then went back and got the last one for my uncle's family after I told my uncle about it.
What are some of the good bargains you have found? On what are you willing to deficit spend?