Reply to Do you pre-buy/buy in bulk, or buy as you need it?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You need to work out your own discount rate.  Your discount rate tells you what tomorrow's money is worth to you today.

Your discount rate will depend on a number of factors - but mainly it is about what return you are getting on your investments or what you are paying on your debts.

Suppose you have hundreds of thousands of dollars sitting in a savings account earning 1%. Then your discount rate will be very low, close to 1%. Given a choice between $100 today and $101 in a year's time, you would be indifferent.

Suppose you have set up a new business which has great prospects but you are putting everything on credit cards that charge 20 percent interest. Your discount rate will be 20 percent or more. Given a choice between $100 today and $119 in a year's time, you would choose the $100 today.

Suppose you consume this product on average in a year's time. Your discount rate would have to be very high - something like 27 percent - for this not to be a good deal.

In other words, given current interest rates, you should almost certainly buy. [b]Unless you are going to die tomorrow[/b].[/quote]

Oh, and this was DH's argument (jokingly).  He said "why would I need color treated hair sulfate free $60 shampoo when I just use $3 bodywash?".  ;)

Thank you for this breakdown, though!![/quote]

Which shampoo and where is the sale?  I use Jonathan Masters Organics (sulfate free) but would switch if there's something just as good and easier to find![/quote]

Pureology litres are 2/$88 at Regis through end of January!  They usually hover around $60 at Ulta and the like.  I stopped buying from Amazon because the "it's fake" reviews are too high for the risk. [/quote]

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