Archived Posts from Stop Buying Crap!

Plastic Packaging That is Hard to Open

Or in this case, a butcher knife.

I swear to Xenu, lord and dictator of the Galactic Confederacy, that if I ever encounter another packaging that requires stabbing motion to open, I’m going to send Tom Cruise and his Scientology pals after the person responsible.

In all seriousness, from today forward, I’m genuinely going to make a conscious effort to avoid purchasing poorly-designed packaging that’s hard to open.

And don’t even get me started about the cost of printer ink.

This is a guest post from Peyton Farving, who is a deal hunter and contributing writer with the shopping community led by a little robot — Dealzon.com.  If you like staying on top of all the latest can’t-miss deals, consider checking Dealzon out.

 
As I’m scouring the web for great deals on computers, HDTVs, video games, etc. (I’m usually looking for stuff at least $20 less than the next best price on comparison sites like PriceGrabber but I sometimes find up to $100 off or more) I also run across some pretty ridiculous products and “deals” that I wouldn’t encourage Dealzon’s friends to buy. But they’re good for a few laughs and an always welcome reminder to “stop buying crap.” Here are five funny deals I saw last week.

Boxing Gloves for Nintendo Wii

Click to Continue Reading…

CA State Lottery as Christmas Gift

Just came back from the grocery store and saw this silly thing at the checkout counter.

Nicely done, California State Lottery, nicely done.

Why buy gift cards for Christmas when you can buy a lottery ticket!?

Urgh.

Other Stop Buying Crap:

Mmm… it’s almost Black Friday, and you know what that means — it’s make or break time for retailers. With news of consumer spending dropping a full 1% in October, consumers should more than ever be out at the retail stores, saving the economy from the brinks of utter collapse.

Unfortunately for my local retailers, I’ll be doing what I’ve always been doing for the past few years on Black Friday: staying at home, eating leftovers, and sleeping in. Super sweet.

Yeah, I know what you’re thinking. Blasted Cap. Always a cheap ass and never a generous spender. The economy could be falling apart and Cap will be at home, wrapped in a blanket while eating Cap’n Crunch cereal (it’s getting chilly in Southern California, temperature hitting low 60s).

It’s not my fault, honest.

I mean, I would love to go out there, make my dollars work and save Circuity City from the sorrowing abyss of pink sheets hell; but alas, I have no one to buy gifts for.

As much as I like to tout about friends and family in recent days, truth be told, I’ve done enough damage through the years and have driven away many people.

And there you have it, Cap’s secret sauce to keeping spending in check during the holidays: piss off your friends and loved ones so you don’t have to buy gifts for any of them.

Haha. I’m just kidding.

…or am I?

top photo credit: J. McPherson

world of warcraft south park

Ruining My Life and Productivity Due to an Online Game? Pft.

It’s been well over a year since there’s an addition to the “Stop Buying Crap” series. What a shame. Ya’ll must be terribly sad (alright probably not).

Joining the list of “crap” today will be every massively multiplayer online role-playing games (MMORPGs) that’s currently active with a thriving online user base.  This includes recent popular ones such as Warhammer Online and Age of Conan.  Heck, for good measures, lets throw in some upcoming ones such as Star Wars: The Old Republic and Stargate Worlds.  And of course, let’s not forget the big daddy of them all, with over 11 million subscribers across the globe: World of Warcraft.

For those that have been fortunate enough to not have a MMORPG intersect into their life (whether directly or indirectly), you may be a little bit confused right now.  Basically, a MMORPG is a genre of role-playing games, where a large number of players interact with one or another in a virtual, persistent world.

In short, you’ll be chilling in a virtual game world with your best pals, family, and new-found online friends — kicking virtual baddies ass and taking names.  Sounds harmless right?

Not quite.

Addiction, Lost of Sleep, and Inability to Quit. Oh My!

According to a now famous research conducted by Nick Yee, 50% of surveyed MMORPG gamers considered themselves addicted to MMORPGs. A majority of the gamers (60%+) have played a game for 10 hours continuously or more, while in another question, over 40% of male gamers claimed that they’ve often lost sleep due to game playing habits.  To make matters worse, 30% of the respondents in the 12 to 17 age group tried to quit the game but was unsuccessful in doing so.

To be blunt, MMORPGs, like many type of things we come across in life, can drive and cause addiction — and a costly addiction at that.  Imagine failing school, losing your job, and ruining your relationship due to excessive game playing.  To add insult to injury, you may be paying a monthly fee on top of it all.

Thus in conclusion, avoid MMORPGs, never buy a MMORPG, and if your kid or someone you know plays a MMORPG, strip them of all access to it and tie them to a chair to start the withdrawal process.

The end.

Alright, Actually It’s Not That Bad.

That was a bit extreme and in all honesty, lame and unfair.

This post was going to be a sarcastic, flame-ridden post, highlighting all and any negative stereotypes to playing MMORPGs, with plenty of jabs to all those people neglecting their real world responsibilities, whether it be their school work, career, or significant other.

In truth, the numbers highlighted above is definitely a cause for concern, but they were also acquired from a select group of gamers that may have been slightly skewed and biased.  Are the numbers of MMORPG gamers these days reflective of the ones surveyed by Nick Yee? Perhaps, perhaps not.

Regardless of what a current survey result will show, a healthy dose of perspective check will always do more good than harm when it comes to an avid gamer of MMORPGs.

MMORPGs Are Just Like Credit Cards. Seriously!

Let’s put this into a financial context so that the post will align a little bit more to the supposed theme of a “personal finance blog.” When you really think about it, MMORPGs are just like credit cards.

How so?

Credit cards are a financial tool for convenience or cash-flow management, while a MMORPG is a tool for entertainment or socializing.  Both are a double-edged sword where mismanagement and lack of balance can cause serious harm to the end user.

If you use a credit card irresponsibly, you have the potential to hurt your credit history, drive up debt, and cause serious harm and stress to yourself or loved ones.  The same applies for playing a MMORPG irresponsibly: you have the potential to neglect real life responsibilities and cause serious harm and stress to yourself or loved ones.

Unfortunately, unlike a credit card, addiction to a MMORPG is harder to break than irresponsible credit card usage. If you seriously suspect someone you know may be addicted to an MMORPG to the point where it affects their livelihood — an intervention may be required, whether its a simple talk or seeking of professional help (may sound extreme but there are real cases of addictions).

Some minor online tips on breaking MMORPG addictions:

An Open-Minded and Balanced Approach

This post would have been more entertaining had it just contained flames and jabs at the crazy world of MMORPG — after all, there’s plenty of materials (online weddings, to name one) — but taking such an extreme stance would have been a bit irresponsible.

Like credit cards, it would have been easy to join certain financial gurus and completely swear off credit card usage. It would also be just as easy to take the extreme stance and claim that MMOs are a new form of crack cocaine. But when you take such a stance without looking at it with a middle ground perspective, you’ll be doing yourself a disservice.

That isn’t to say that MMORPGs aren’t ripe for abuse in usage (remember, it’s a double-edged sword). The point is that as with many things in the world of personal finance (oh hell, and everything else in life) — you will usually be better off when you look at a situation in question with an open-minded perspective and an attempt to find a balanced approach.

If you want to read more on Nick Yee’s research and learn more about MMORPG psychology and addiction, you can visit The Daedalus Gateway: The Psychology of MMORPGs for some insightful reading.

If you have tips on breaking an addiction to MMORPGs, tips on avoiding unhealthy usage of MMORPGs, or if you have crazy stories on how MMORPGs have affected someone you know, please share in the comments.

Other More Funny Stop Buying Crap:

Chalk this up to incredibly stupid credit card offer from the gangs at Walmart.

As Admiral Ackbar so eloquently said, it’s a trap!

T to the R to the I to the A to the L. Trial... Credit Reporttt DOT COM!

The problem with staying up into the wee hours of the night is that you’ll be hit with various types of television ads with incredibly annoying jingles — FreeCreditReport.com is one such type of ad.

Now, as a quasi-marketer, I appreciate the fact that The Martin Agency was able to come up with such catchy/annoying jingles, but the deceptively named service makes me wish Experian would have found a crappier marketing agency instead.

It has been two years since Experian, the company that owns FreeCreditReport.com, took obvious advantage of the government mandated Fair and Accurate Credit Transactions Act to promote their ‘free’ credit report service.

A lawsuit from the FTC, an inquiry by the Florida Attorney General, and thousands of consumer complaints later… FreeCreditReport.com continues to operate, and the catchy/annoying jingles continues to interrupt my favorite episodes of Kim Possible (just kidding, the ads aren’t placed into animation time slots).

The gist is simple: back before the complaints and lawsuit, Experian pitched FCR as a source to get “free” credit reports. What many consumer missed are the fine prints that states the requirement to enroll to Experian’s “Triple Advantage” program in order to receive a free credit report. The charges for the enrollment vary, from $79 per year to $12.95 per month to the current $14.95 per month.  In either case, canceling became a hassle, and many people either forgot or were unable to cancel within the trial period.

The current websites’ disclaimer and fine print is a bit clearer, but the color scheme and design obviously wants you to avert your eyes away from the notice of trial period (currently only 7 days) and monthly membership fee (currently $14.95).

Now, if you’re fully aware of the type of service FCR offers and still want in, then more power to you (FCR does offer unlimited Experian credit score and report along with credit monitoring), but you’re probably better off with other sources for your check needs:

Better, Cheaper, and Free Alternatives

  • For your truly FREE annual credit report that’s provided by FACTA, head to AnnualCreditReport.com. No credit card information is required.
  • For a credit score with more weight and use, head to myFICO.com and purchase a single score from a credit reporting agency of your choice (the link gives a 20% discount, which brings the cost for a single score and report to $12.76).
  • For a credit monitoring service, consider Score Watch, also from myFICO. This service has a 30-day trial period option, otherwise it’ll cost $99.95 per year, or $9.95 per month with 3 months minimum required

Pyramid schemes - an unsustainable business model

While in the outhouse reading the latest issue of Forbes (free subscription from now defunct airline miles), I spotted an article highlighting the fast rising “multi-level marketing” company, MonaVie.

As a former moron who got suckered into a pyramid scheme back at the naive age of 18 (more on this in future post), my first impulse was to rip the pages apart and ignore the article, but the fear of paper cuts and lack of entertainment in the outhouse kept me reading.

I quickly realized that the authors of the Forbes article shared a similar view with me on MonaVie — if it smells like a pyramid scheme, looks like a pyramid scheme, sells like pyramid scheme — it’s a freaking pyramid scheme.

Based in Salt Lake City, Utah (the capital of multi-level marketing companies, where laws are more favorable to MLMs), MonaVie pitches $39 juices that “blends unequaled nutritional power with unparalleled business opportunity.” As a MonaVie indepdent distributor, you are required to purchase or sell at least four of these bottle per month ($130 before shipping and taxes) before to being able to earn commissions.

Sounds freaking wonderful.

If you or anyone you know are ever in a situation where you are presented with a business opportunity to sell some mystical product, consider the following tips below.

Eight tips from the FTC on evaluating a multi-level marketing program:

  1. Avoid any plan that includes commissions for recruiting additional distributors. It may be an illegal pyramid.
  2. Beware of plans that ask new distributors to purchase expensive products and marketing materials. These plans may be pyramids in disguise.
  3. Be cautious of plans that claim you will make money through continued growth of your downline, that is, the number of distributors you recruit.
  4. Beware of plans that claim to sell miracle products or promise enormous earnings. Ask the promoter to substantiate claims.
  5. Beware of shills – “decoy” references paid by a plan’s promoter to lie about their earnings through the plan.
  6. Don’t pay or sign any contracts in an “opportunity meeting” or any other pressure-filled situation. Insist on taking your time to think over your decision. Talk it over with a family member, friend, accountant or lawyer.
  7. Do your homework! Check with your local Better Business Bureau and state Attorney General about any plan you’re considering – especially when the claims about the product or your potential earnings seem too good to be true.
  8. Remember that no matter how good a product and how solid a multilevel marketing plan may be, you’ll need to invest sweat equity as well as dollars for your investment to pay off.

Four additional tips from yours truly on spotting pyramid schemes:

  1. If a “business program” recruiters dismisses your questions because they were “negative” or “unhelpful,” wave the red flag and prepare to run. Fast.
  2. If the program and compensation plan is so confusing that the recruiter/promoter has trouble explain it clearly, you may be looking at a plan that’s trying very hard to skirt pyramid scheme laws.
  3. If the product has fanatic distributors who embrace the program’s product and marketing material as if it was the second coming of Christ, be wary.
  4. Ask yourself this: if whatever products they’re pitching is so wonderful that it justified the higher price tag, why are they being distributed through a multi-level marketing method? If it can “change lives;” “empower your health; and “raise your energy level;” why aren’t they sold through regular retail channel? Why “share” the profit and “dreams” for other independent distributors? Because these people have an underlying good heart to share wealth? Or is it because without a potential distributor and thousands of others, the products can’t be competitive in a real market? If the only ones buying and using the product are the distributors and “downlines,” you’re looking at a pyramid scheme.

Not all multi-level marketing programs are outright pyramid schemes where the business model is unsustainable. There are a few out there with competitive and reasonably priced products. But as the FTC tip said, even if the program is solid and the products are good — as with all worthwhile things in life — you’ll need to invest hard work and time.

Related Links and Resources:

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