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Joined 1 year ago
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Cake day: June 23rd, 2023

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  • Sure, the occasional customer gets into a cycle for credit card debt and ends up paying big interest. That’s not where credit card companies make their money though. There’s a fee for the merchant to process each transaction, that’s the main revenue source. Then if we’re talking about a store card, they get the ability to track your purchases everywhere you use that card, and use that info to do better marketing, merchandising, and just generally get better at selling people stuff. It’s nice to make a buck when people buy things from your store, but it’s even nicer if you can make a buck when people shop elsewhere too.


  • Common to get a big discount on the first purchase. That way it looks something like “just take 5 minutes to sign up here and you’ll get $30 off your purchase today”. I feel bad for the staff that have to push it, which gets me frustrated because I just want to buy my things and go, so I end up being rude to them.

    I think part of the solution is to add some regulation that say that you should be able to close the account in the same way you open it. Let me sign up, get the $30 discount, pay the bill, close the account, and have them delete my personal information so I can do it over again next time. Few people doing that and it won’t be worth the effort for business to process everything.





  • Hmm…. I’ve never heard about those kinds of limits here. It’s not too uncommon for 3-5 people to split a house(which may or may not actually have 3-5 legal bedrooms) around here, though the trend seems to be splitting those houses into 2-3 legal suites, each of which might have multiple bedrooms.

    I don’t think a medallion system is a solution though, as I understand that was brought in to artificially lower supply and increase revenue for the cab companies by limiting the number available. I do like the idea of more proactive enforcement of regulations to ensure that housing is kept in reasonable repair, but that can also increase prices since I’d venture most people put up with poor quality rentals due to them being the lowest cost; at least in terms of rent, though utility costs can outweigh that. If there was safe, clean, and affordable housing available then people trying to market sub-standard units wouldn’t get renters and would be forced to either upgrade the unit or sell.




  • Not for everybody, but I’ve heard reasonable advice of getting the mortgage at a longer amortization period, then making extra payments. When I was looking it was typical to be allowed to increase the payment by 10-20% or to make additional payments up to 10-20% of the initial loan amount each year without penalty. That’s enough to potentially be paying it off in under 10 years without penalty(which is often in the range of 3 months simple interest, so still worthwhile if you unexpectedly come in to some money), but also gives you the flexibility of going back to the minimum payments if your financial situation changes.

    Renting does make it cheaper/simpler to change accommodations though. Think things like starting a family and wanting to scale the household up from just two people to adding children and down again when those children move out. Renting makes it simpler to move closer to work, public transportation, schools, Etc. as a persons needs change. On the other hand, there’s also a lot of financial benefits to living in your own home: grants/rebates available for homeowners, not rental properties, being able to save costs by doing your own maintenance/renovations, etc…


  • I’ve had a few different First Aid courses and the instructors all have slightly different reasoning. One argument for compression only is potential for passing disease mouth to mouth, the newer courses tend to teach this because sometimes people that don’t feel comfortable doing rescue breaths will fail to do CPR at all. Another is that in cases where you’ve witnessed the event, the blood is already fairly well oxygenated and if medical help has a good response time the benefits of breaths are minimal. The first is more about compression only CPR being better than nothing, breaths are still advised where the rescuer feels comfortable doing so. The second is pretty situational.









  • I’m sure there’s applications where that’s true, but then you’re essentially talking about having a gas furnace plus a heat pump, so you’re installation cost is close to the sum of both systems. Energy rates vary by region, but around here electricity is about 7 times the cost of gas, so a heat pump running at a coefficient of performance around 3 would still cost twice as much to run as a natural gas furnace, it would be cheaper to just turn off the heat pump altogether and only use that “supplementary” heat.