Monday, March 11, 2024

Pros and Cons buy used things

As the blogger of the finance, some wash or away to minimize our spending, , including buy used things that is cheaper than the new. As long the condition is good, you may get benefit from the used things. However, some people complain the used things make spend more money again. Because the use things is easily broken and there is k guarantee.


Do some people like to buy you sting because their cost is so low and they know that they may get more benefit but some people stay in my new thing because she is the simple and then spend more money.


Well there is a some pros and cons of buy used thing which begin with the price of the buying used things 


The price is lower than the new of course do you think even an hour ago you by and cell phone it is cheaper than the new one at the store. Tell you up there you stink is the class as long tine gone.


By buying used things become the one and you have to contribution to heart environmental some is thing in the forest of the see that make the environmental dirty.


Lower depreciation. Used things depreciation is lower because the price is low too. 


Unique Things

Of you lucky you will get things that rarely 


Cons

The quality of the used is bad. 


No or low Guarantee

In my country, a used cell phone shop just guarantee the phone for a week only. After one week, they cannot change your broken used  phone to the store. It is a risky. 


The limited choice

Some items has just one item only


Hygiene concern

I do not want to buy shoes that is ever used by people. It's so  dirty to me. i am worried the last user has skin disease. 


Tuesday, March 5, 2024

Saving Versus Investing

 Either Saving or investing is about money. We collect some money for the future need or want. We hope our money increase, by saving and investing. 

I read a nice article from a famous blog that explain the difference between saving and investing. I think the article is simple and easy to understand for common people. Certainly,  the people should know the English language. 

Saving is actually for short term. You can save the money for your college or your first house. as your wealth increase and you have so much money. 

The article also explain when to save or invests? it is depend or your money too. save more money when you  do not have emergency fund. You can invest after you have money. the investing also for long term such as retirement and your kid college. Perhaps you have another high paid debt next. 

read also 

What is net worth 

Top Financial Planning Tips