Weekend Reading:Pay More and Feel Better

Price Placebo Effect - An interesting article that talks about how people who pay more for the same thing actually derive more pleasure from the product or service. For me it explains why my wife likes shopping and I hate it. She always pays more than I do (just kidding)!
Worth $1.6m, but can't pay for college - In total this couple seems in decent shape with a pretty good net worth, but over $1m is tied up in house equity. If I had that problem I would be moving elsewhere.
Recycling at USPS - I saw this link over at Sun's Financial Diary regarding the USPS pilot program to allow customers to mail inkjet cartridges, PDAs, Blackberries, digital cameras, iPods and MP3 players to be recycled for free. it includes postage paid envelopes customers can insert small electronics to be recycled. Its great to see another way to make recycling easier. Now I just need someone to take my broken CRT monitors for recycling.

Related in General:

Black Friday Shopping Highlights (Nov 27, 2011) I have little interest in going out and standing in long lines to pick up a few deals on Black Friday. However we did pick up a few deals over the weekend mostly online: $159 GE Front Loading Washer @...

Roomba Accessory Upgrades (Jul 05, 2011) Well my Roomba finally succumbed to a common issue with the cleaning head module (CHM) that plagues many of these devices. We've been using the Roomba for over 2 years now and have been generally pleased with our investment. See...

A Simple Way To Re-Invigorate Yourself at Your Job (Jun 01, 2011) Lately I have been feeling a bit run down at work. Some things haven't gone my way in the past several months and I've been in the doldrums about my position in general. Lets just say my feet have been...

Comments (1)

This "price placebo" effect is also sometimes referred to as the "Chivas Regal effect". It was originally a reference to the alcoholic beverage Chivas Regal. The company found that by raising the price of the beverage, they could increase sales because consumers thought the higher price indicated higher desireability.

Posted by Mr. Stupid | April 1, 2008 9:05 PM