Common sense is calculation applied to life......
OK...we all do it but sometimes it helps to see it in writing. I came across this article and just thought it was interesting and worth sharing.....Here are six outrageously overpriced products that consumers can't seem to live without.
1. Movie Theater Popcorn
At the grocery store, microwave popcorn runs about $3 per box, and each box includes three 3.5 ounce bags. So why on earth would consumers even consider paying a whopping $6 for a single medium-sized bag of popcorn in the movie theater? No one knows exactly why - but for some bizarre reason, movie-goers continue to drain their wallets to crunch on a bag full of those greasy little nuggets during their favorite film.
After considering that movie theaters purchase popcorn in bulk, the average markup of movie theater popcorn is a whopping 1275%! At that steep price, you'd think those buttery bags were laced with gold.
2. Greeting Cards
I am at fault here. I do enjoy spending on that just right greeting card for that special person.....don't see me stopping for now...sorry....
3. College Textbooks
College textbook prices have skyrocketed by 186% since 1986, and these expensive volumes of knowledge now account for 26% of the overall cost of college. Unfortunately, broke college students are required to purchase these costly books for their classes. At least they can try to sell their books back to local book store at the end of the semester - for a few measly bucks.
4. Bottled Water
Living in Florida I would never drink anything but bottled water but, living in Chicago we drink water straight from the tap.....
5. Printer Ink
Over the life of your printer, you'll probably pay more than 500% of the total price of the printer itself on ink refill cartridges. At $30, a 42ml cartridge of black printer ink comes out to 71 cents per ml. On the other hand, the Red Cross charges $200 for 500 ml of blood, which comes out to about 40 cents per ml.
6. Brand-Name Fashions
Broke Consumers Are Saying No.....
The recession has hit many households hard, and thousands of broke consumers are passing on these and other overpriced products. So, does that mean the inflated prices of these items will eventually fall? Only time will tell. In the meantime, you may want to check your bank account before you hit the movie theater snack bar.
until next time...