Busting Convention Wisdom Myths That Cost You More Money
Posted by Dexter Nelson: Monday, December 6, 2010 (8:24 AM)
Conventional Wisdom Myths That Cost You More Money
Good morning.
Today I am going to bust a few myths about conventional wisdom advice we've taken for granted. We accept them as general knowledge and while we believe they are helpful, truth is that they may not be so, and they actually cost us more money. Are you ready to save money?
Ceiling Fans:
Myth: If you leave the fan on in the summer time, even if you're not there, it cools down the house in general, and by reversing the fan so it spins counter-clockwise in winter, they can warm the room by pushing the warm air down.
Busted: Fans cool down the people in the house and not the house itself. It's better to run the AC when you're not there because it attacks the problem. The same is true for the winter. Running the heat will attack the problem.
Savings: About $35 a year.
Oil Changes:
Myth: Changing the oil in your car regularly, (about every 3,000 miles), will maintain the car and save you money in the long run.
Busted: Truth is that vehicles has improved as technology has gotten better. The range is now between 5,000 and 10,000 miles before you need a change. The average being 7,500 miles. Of course make sure and check your owner's manual.
Savings: Between $25 and $35 per oil change.
Bed Sheet:
Myth: The higher the thread count, the better.
Busted: Truth is that if buy the lower thread count, you'll save money in the store, (there is a big price difference compared to higher thread counts), you'll save money when you wash them, and new research has shown the lower thread counts is better for your skin, (it makes your skin breaths better).
Bottled vs Tap Water
Myth: Bottled water is better for you than tap water.
Busted: This age old debate has finally been answered. Again, more research has shown that bottled water is not necessarily better for you. The Environmental Protection Agency oversees all of the water that we consume, both in the store and what comes out of your tap.
Savings: A great deal depending on how often you buy water in the bottle.
