At what point should you give up on your car?
Tradition states that it's when the cost of the repair is more than the cost of the car. But, that's an incomplete analysis. Because that's simply treating the vehicle as a parked asset and not a means for transportation.
If the car is worth $500 and the repair costs $600, it still makes sense to make the repair if I get more than $600 out of the car in the future. And while there is some risk involved in that not knowing the future, the economic choice is to choose the repair.
But, I feel like I'm still missing some factors? What else do I need to think about? Let's solve this today so tomorrow I can talk about leasing, which I've always wanted to figure out how to make sense of.
In other news, my wife's company, Sweet Table Chicago, designed a dessert table for recent Stanley Cup Winner and Chicago Blackhawk defenseman, Brent Sopel. The party was ridiculous. And the table was her best yet. Check out the pics.
August 3, 2010
Driving Tip of the Day
"You should always drive like there's a cake in your back seat."
People always ask the question, "Are you a good driver?" But I don't think that's a great question. Because what does that mean? Does that mean being ultra conservative and safe? Or does that mean the ability to drive extraordinarily fast without being too reckless?
Because the second one requires much more skill. But I realized that it's not a great idea when you have passengers or pastries in your car. The first think you're nuts, and the latter fall over.
0 comments
People always ask the question, "Are you a good driver?" But I don't think that's a great question. Because what does that mean? Does that mean being ultra conservative and safe? Or does that mean the ability to drive extraordinarily fast without being too reckless?
Because the second one requires much more skill. But I realized that it's not a great idea when you have passengers or pastries in your car. The first think you're nuts, and the latter fall over.
August 2, 2010
Why I Love Google
Last night, I clicked "send" in Gmail when a notification popped up.
"Did you mean to attach files?" You wrote "I've attached" in your message, but there are no files attached. Send anyway?"
This is the sort of thing that keeps me falling in like with the ridiculously growing online monstrosity that is Google.
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"Did you mean to attach files?" You wrote "I've attached" in your message, but there are no files attached. Send anyway?"
This is the sort of thing that keeps me falling in like with the ridiculously growing online monstrosity that is Google.