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Living for today - Planning for Tomorrow

January 25th, 2006

I’m a Hypocritical Cheapskate!

I went to Evilmart today. The draw for cheap soups was more than I could fight. Their motto, “Always Low Prices” just seemed to appeal too much to me today. For many, this might seem ridiculous. Why the heck wouldn’t a guy like me shop at Evilmart every day? Guilt, I guess. I’m not thrilled with the wages and benefits that they pay their employees just so I can have a nickel off a particular item. Well, like I said, that .05 savings per can of soup was just too much for me to fight. Okay, it wasn’t exactly that. It was a lot more than .05 per can. More like about .60 per can cheaper and on top of that, we had a coupon to drop the price even more.

Normally, I wouldn’t care, but these soups are a nice easy way to only eat 6 points (I’m sort of following the Weight watchers plan). And to be able to buy 10 of them for about .65 cheaper per can, added up to enough that I decided to go there and buy them. Some of my friends think I’m ridiculous for having this point of view, as I’m sure some of you do too. Well, as the corny old country song says, “You’ve got to stand for something or you’ll fall for anything”. I’ve tried to make a stand against Evilmart for as long as I can remember (long before it became so hyped in the media) because I do think that they could be a better company for my community by paying better wages and giving better benefits to their employees. I read today that there are over 3100 Evilmart employees on public paid health care in my state. That just doesn’t seem right. They have jobs, yet we are paying for their benefits.

So, there you have it. I’ve gone against my own principles and shopped there. I’m not proud. Maybe the $6.00 I saved on soup wasn’t worth feeling the disappointment. Oh well. Too late now. I think I’ll go make myself a can of soup and think about my pension, health care and matching 401k at my company.

January 25th, 2006

Links For You to Love

http://money.cnn.com/2006/01/24/pf
Americans among the worst savers in the world. Well, not exactly a surprise since our savings rate is a negative number.

http://www.billingsgazette.com/index.php?id=1&display
This guy wants to find a company with a traditional pension. Sure there are some out there, but they might not be offering them much longer.

http://www.philly.com/mld/inquirer/business
Good article on investing and the value of returns.

http://www.signonsandiego.com/news/business
Article on credit cards. Yes, they are evil.

http://news.bbc.co.uk/1/hi/business/4647928.stm
Interesting article about parts of the global economy and the fate of the dollar.

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