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lybertyne
20 Aug 18 16:28
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Date Joined: 18 Jul 10
| Topic/replies: 8,373 | Blogger: lybertyne's blog
I'm selling these products on eBay.  The price is £27 or best offer, of which I'm willing to settle on around £24.  Pretty much all the buyers who simply Buy It Now at £27 or make a high offer of £24/£25 live in average-priced houses or at the lower end of the scale.  The ones who make stupid offers of 50-60% of the asking price tend to live in more expensive housing of £750k+.  Is that how they become wealthy?  Are their minds built around scrimping over a few pounds?  When I was 16 I worked Saturdays in a boutique mobile phone shop.  It always amused my boss that we'd get customers who'd buy a new phone for £200-£250 and then they'd spend 10-15 minutes deciding whether to buy a 50p case for it.

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Replies: 16
By:
Crisp77
When: 20 Aug 18 17:00
I'll give you £12 for one.
By:
Crisp77
When: 20 Aug 18 17:00
Including P&P Plain
By:
Dr Crippen
When: 20 Aug 18 19:20
The rich didn't get rich by giving money away.
By:
lfc1971
When: 20 Aug 18 19:58
I’m like that
By:
lfc1971
When: 20 Aug 18 20:07
find it difficult not to take my few pence change in a shop the way some walk away if it’s only pennies
By:
lfc1971
When: 20 Aug 18 20:11
I’ve only done that once or twice , I’ve tried it can’t do it
By:
Just Checking
When: 20 Aug 18 20:46
As my Granny used to say-

Many mickle makes a good Irish joke.
By:
Ramruma
When: 20 Aug 18 23:17
A mate of mine last year spent about a day working out various combinations of train tickets in order to save £20.

That was £20 on a £10,000 holiday.

He's a millionaire and I am nowhere near. But I wouldn't have bothered to save £20.

So yes, I think there is something in the notion that some people care more about money than most of us. I don't think he accumulated his fortune by saving £20 every day (350 days in a year times £20 = £7,000 which is very nice but hardly Rockefeller) but perhaps it is that instinctive search for value, or maybe just awareness of it, that scales up.
By:
Capt__F
When: 21 Aug 18 00:21
illness imo
By:
i_agree_with_nick
When: 21 Aug 18 22:23
I sold an item to a person living in a £15m house in Chelsea. She paid full price.

I don't usually waste my time checking on my buyers' property values but I did on this occasion because she's an actress.
By:
i_agree_with_nick
When: 21 Aug 18 22:34
A mate of mine last year spent about a day working out various combinations of train tickets in order to save £20.

That was £20 on a £10,000 holiday.



Time is money and £20 is very poor pay for a day's work.

Where do you draw the line? Do you want to, say, spend a day filling in online surveys?
By:
Ghetto Joe
When: 23 Aug 18 12:53
One days work to save £20 every day for the rest of his life seems a decent rate to me,iawn.
By:
bigmo
When: 23 Aug 18 16:42
I recently put up This Is It by Michael Jackson at £2.75 because I paid slightly more at the boot sale than I normally do for CD's. Didn't think it would sell as World Books (I think) had loads for sale at £1.99.

I've started to notice I get better prices quite often,but have no idea as to why.
By:
bigmo
When: 23 Aug 18 16:43
Should have added it sold.Crazy
By:
i_agree_with_nick
When: 23 Aug 18 17:00
One days work to save £20 every day for the rest of his life seems a decent rate to me,iawn.


GJ - Maybe I misunderstood Ram's post but I thought it was one day's work to make a one-time £20 saving?
By:
Ramruma
When: 27 Aug 18 03:04
That's right. Hours taken to save £20 on a £10,000 holiday. As a percentage it is nothing. I was agreeing (more or less) with the OP's musing that many rich people have a different instinct round money. Of course, saving money on tickets was a waste of time but if that same instinct means looking for a better deal on company offices then that could be worth tens of thousands a year. As with the OP's ebay sales -- getting a third off a £25 thingummy is nothing but if they also get a third off the price of a car, it starts to add up.

It is also irrational on another level. My mate would have done better to pay full whack or even more for a travel agent to do the work and spend the time making more money at the day job. But I guess you cannot turn it on and off.
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