Comments on: Spending Money at the Laundry http://personalfinance.askmrcreditcard.com/spending-money-at-the-laundry/ Latest Credit Card News, Reviews and Information Fri, 18 May 2012 20:20:46 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: 750 mL http://personalfinance.askmrcreditcard.com/spending-money-at-the-laundry/comment-page-1/#comment-31470 750 mL Fri, 24 Aug 2007 20:38:33 +0000 http://askmrcreditcard.com/creditcardblog/spending-money-at-the-laundry/#comment-31470 There's an arbitrariness to your reasoning. Let's say you make $100,000/yr, which comes to roughly $50/hr if you have a normal eight-hour workday (which, if you're making six figures, you probably don't). Well you need to think of the rest of your day--the drive to work, using the restroom, your lunch break, and even going to the cleaners--as all means toward maintaining your job. Therefore, you make 100,000/year, but not necessarily $50/hr. You don't get paid for all the things you have to do to keep your job. If you are paying to have something done for you that you could do yourself and you aren't doing anything that has a revenue-basis, you aren't saving yourself any theoretical money. You're spending 50 bucks to do what your parents probably gave you a few nickles to do when you were a kid--your chores. There’s an arbitrariness to your reasoning. Let’s say you make $100,000/yr, which comes to roughly $50/hr if you have a normal eight-hour workday (which, if you’re making six figures, you probably don’t).

Well you need to think of the rest of your day–the drive to work, using the restroom, your lunch break, and even going to the cleaners–as all means toward maintaining your job. Therefore, you make 100,000/year, but not necessarily $50/hr. You don’t get paid for all the things you have to do to keep your job.

If you are paying to have something done for you that you could do yourself and you aren’t doing anything that has a revenue-basis, you aren’t saving yourself any theoretical money. You’re spending 50 bucks to do what your parents probably gave you a few nickles to do when you were a kid–your chores.

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