I decided yesterday it's time to stop buying my newspapers to read. It's not because I think the papers have some kind of "liberal" agenda or that any of the columnists are socialists or communists. Rather, the decision was based entirely on economics.
Every newspaper I read has a presense on line. Everyone I do business with has their ads online. I am the kind of person the newspapers are learning to hate. They are going through their toughest business climate in years with a number of papers in Michigan planning on cutting back on the number of days they publish. Everything online will be kept current though.
Let's break my newspaper purchases down...
Monday to Friday
- USA Today - $1.00
- Saginaw News - $.75
- Bay City Times - $.75
- Midland Daily News - $.50
This comes to $3.00 a day or $15.00 for these 5 days.
Saturday only
- Saginaw News - $.75
- Bay City Times - $.75
- Midland Daily News - $.50
I spent $2.00 on Saturday papers, and from Monday to Saturday this figure rises to $17.00
Sundays only
- Saginaw News - $2.00
- Bay City Times - $2.00
- Midland Daily News - $1.50
On Sunday papers, this figure rises to $5.50 for that day's news. Add this to the previous figure and you look at $22.50 per week.
You hear me correctly - $22.50 per week. Do the math and you're looking at something like $97.50 per month and $1170 per year (based on 52 weeks).
That's mind boggling. This can be used in many ways. $97.50 can go toward various bills I pay. I'm planning on getting a car soon, so that can be a half a payment a month on what I expect to spend. Maybe I can invest someway or another. The possibilities are almost endless, and that's the point.
Buying and reading all those papers in a year --> $1170
Reading all those papers, and even others online --> priceless
1 comment:
Wow. I had no idea you read so many papers. I thought my roommate was bad with his addiction to the daily paper here in Indianapolis. And he pays a little less than you do a week for a whole month of The Star.
It's amazing isn't it how when we break down what it is we spend money on, we often wonder why we do it.
I need to find ways to spend less myself. I'm getting by, but I need to build some savings.
Perhaps I should sit down and take a hard look at how I buy groceries...
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