From BundleHQ: Do you buy extended warranties?
Good morning! It's Monday, the beginning of the last week of our Bring Your Lunch to Work contest. Have you entered yet? Voted for your favorites on our Facebook page? Come up with a description for "lunch for adults" that doesn't sound like a Food Network-Skinemax special?
On cheapness: We talk a lot about deal-finding and money-saving on Bundle. That, after all, is part of the point: we hope that by talking honestly about how we're spending and saving, we can all be a little more conscious of our financial habits, and then, eventually, our future won't feel like our uncontrollable fate but more like something we've chosen. But Moriah notes that all this talk of bargain-hunting and penny-pinching has an unintended effect for her: "It kind of makes me feel a little cheap," she writes in a comment.
Start collecting gold bouillon: Emma's always been happy that her hobbies — blogging, playing guitar, working out — are free. Then she discovered that her peers are spending $45 per month on their hobbies, and now their money is burning a hole in her pocket. Is it time for a new, more cash-intensive pastime? Or is she under-investing in the hobbies she currently has?
Two for the cheap seats, please: Can money make you feel good? Yes, it can, reports Justin, if you spend it right. People who use cash to buy experiences, and who choose more, less expensive experiential purchases ($4 movie tickets, anyone?), are happier than those who buy stuff, or who even spend a lot of money on just a few blowout adventures. That prompted Greg to ask an excellent question: What's not an experiential purchase? That badminton racquet might technically be "stuff," but I need it to play badminton, which is definitely an experience.
Grouponomics: Following last week's Cult of Groupon story, a number of people told me they'd been inspired to sign up for the emails. Well, that might not have been exactly the point but, you know, enjoy! . Greg wants a Groupon for upmarket buying, where if 300 people sign up, we'll all get 70 percent off a 50-inch flat panel TV or first-class airline tickets ... Meanwhile, Bundle alum Michael Bennett Cohn is looking for a more progressive alternative, in which collective buying power is harnessed to negotiate lower health insurance premiums, for example, or better APRs on loans. Erm, Greg, do you feel just the teensiest bit shallow now? Because I was with you on those plane tickets.
Would you like the two-year protection package? It's only $19.99. Our question of the day: Have you ever paid for an extended warranty or a service add-on? Comment, or tweet #protection
Related Links:
A home warranty is no guarantee
3 lemon law myths
Credit Cards alone in offering consumer help