April 5, 2015


Ten purchases that may pay for themselves : You may save money in the long run by investing in a coffee maker, washer/dryer, LED bulbs, and other items.  (Jeff Somogyi, APRIL 5, 2015, CS Monitor)
How Quickly a Cable Modem Pays for Itself: 9 Months

To some, the $7.95 a month you pay to "rent" your cable modem is just an irritating inconvenience that you learn to live with, but to Comcast, it equates to about $1 billion in revenue every year! Very few people even know that you can buy your own modem, to avoid that fee; fewer still actually do it, because the up-front cost of the hardware is more annoying than the smaller monthly charge.

For our comparison, we chose an after-market modem that has the highest level of certification by Comcast (and we chose Comcast, because it's the largest broadcasting and cable company in the world by revenue), the ARRIS/Motorola SB6121 SURFboard DOCSIS 3.0 Cable Modem, which we routinely see for $69.99 (this time with free shipping at Walmart, a low by $10). Because of math, that means it'll pay for itself in only nine months! [...]

How Quickly an LED Bulb Pays for Itself: 2 Years

The estimated cost of one LED bulb plus the energy it takes to run it across its lifespan will cost you a total of $27.97, whereas the total cost of buying and using one incandescent bulb is $7.79. Since a typical incandescent lasts for only six months, you'll break even with an LED bulb after two years. That sounds like a long time, but since an LED bulb is going to last for about seven years, you're getting five "free" years of light out of it and saving yourself about $86 in the long run too.

That might not seem like a lot, but consider that the average lifespan of a human is 84 years; over your life you'll save $1,032. (Still not impressed? Well, LED bulbs are supposed to be good for the environment, too, so try to think globally?)

Posted by at April 5, 2015 6:49 PM

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