Archive for November, 2005

Extended warranty can save you money

Friday, November 11th, 2005

When we make purchases, we often shop around, compare prices, and get the best deal. Nothing wrong with that.

Some large items, like air-conditioning system and fridge, may come extended warranty offered by the retailer usually covered by an insurance company.

While extended warranty is an additional expense, we took them up for the air-con and fridge, just in case. So we’re covered for 5 years instead of 1.

After 13 months into using our new air-con, we had our 1st repair that cost $246.75. Thanks to our extended warranty, we paid $0.

Should more repairs be required in the remaining 47 months covered by the extended warranty, we’ll would have saved a bundle.

We paid $154 for our air-con’s extended warranty, and this 1st repair already made it a worthwhile expense, with a savings of $92.75 ($246.75 minus $154).

As new parents, $92.75 savings means 3 more tins of infant milk powder for our darling son ;)

We paid $45 for our new fridge’s 5-years extended warranty. I hope we don’t need to use it, but should anything happens, I know we’re covered.

The bottomline: Get extended warranty, just in case.

Oldspaper and Olds defined

Wednesday, November 2nd, 2005

Since I’m using the terms ‘oldspaper’ and ‘olds’ in my blog, I better provide their definitions:

Oldspaper: Outdated unread newspaper, accumulated due to lack of time to read, which will eventually be read.

Olds: News found in oldspapers.

I don’t read newspapers everyday. In fact, I often read newspapers which are weeks and months old.

With so many interesting blogs to read and so little time, I find myself reading more oldspapers than newspapers.

Instead of buying newspapers and piling them up to become oldspapers, perhaps I should just help a nice neighbour collect his unwanted newspapers for ‘recycling’.

If you see some guy fervently reading his papers at a cafe and you spotted a familar front page you read months back, don’t worry, you did not travel back in time; You just found someone reading oldspaper.

And that guy could turn out to be me ;)