Sunday, November 27, 2005
Amortization
This is a word which is used in business all the time....But never
in the home......Simply, how long will it take to "pay something
down".....An example......
One of the latest kitchen items on the market is the "one cup"
at a time coffee maker.....No mess, no bother, just insert a pre-
packaged coffee "pod" in the machine and you get one cup of
coffee, only......Well these machines are costing from $50 to
$150 each.....The "pod" of coffee costs .25 cents each......So
in order to "pay down" the cost of the machine and use a "pod",
two cups of coffee a day for an entire year will cost you .33 cents
a cup, if you buy a $60 machine......38 cents with a $100 one.....
Little drip coffee making units were on the market for
about $2.00 which allowed you to make one cup of coffee......
Making a "normal" cup of coffee from a "tin" of ground coffee
cost about .04 cents a cup.....
Ah! The price of convenience....Even if you get the coffee maker
as a gift, it still cost you more than .20 cents more per cup....
Pumps
in the home......Simply, how long will it take to "pay something
down".....An example......
One of the latest kitchen items on the market is the "one cup"
at a time coffee maker.....No mess, no bother, just insert a pre-
packaged coffee "pod" in the machine and you get one cup of
coffee, only......Well these machines are costing from $50 to
$150 each.....The "pod" of coffee costs .25 cents each......So
in order to "pay down" the cost of the machine and use a "pod",
two cups of coffee a day for an entire year will cost you .33 cents
a cup, if you buy a $60 machine......38 cents with a $100 one.....
Little drip coffee making units were on the market for
about $2.00 which allowed you to make one cup of coffee......
Making a "normal" cup of coffee from a "tin" of ground coffee
cost about .04 cents a cup.....
Ah! The price of convenience....Even if you get the coffee maker
as a gift, it still cost you more than .20 cents more per cup....
Pumps