Eliminating Waste Flashcards

1
Q

If you have to cancel/reschedule something…

A

assume it did NOT work until you see the confirmation email. If there’s no confirmation email, they did not cancel/reschedule your session and you will have to chose between showing up unprepared or missing it and eating the cost

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2
Q

Role of safe driving

A

Reckless driving drives up your insurance and you risk daming/losing the resale value of your vehicle

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3
Q

things that you can do to decrease the probability of having expensive accidents

A

-urgent dents/scrapes on your car that get all the way through the paint do happen. You can prevent these by parking far away from the other cars (which also helps with weight management since you’re getting in the extra steps)

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4
Q

Why you should avoid leaving things and friends house

A

be very careful about where you leave your property, if you leave something at a friend’s house for too long they might be getting to believe it’s theirs. You won’t get it back, and you will have to buy a new one

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5
Q

At what point you should return something

A

ASAP. Just go for it. It’s very easy to slip outside of the return period and lose your chance at a refund.

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6
Q

Importance of checking your statements to make sure that no one is using your card

A
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7
Q

Importance of acting early when dealing with organizations

A

When it comes to dealing with organizations you need to act early, otherwise you will be subject to “late fees”

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8
Q

Importance of maintaining the things you purchase

A

Take maintenance VERY seriously. Do not put it off, and NEVER assume that you already know what kind of maintenance is required
- Reading the manual for this hardware only takes you so far. You NEED to talk with some knowledgeable people who already use it and specifically ask what you need to do to reduce repair/replacement costs.
- Putting maintenance off creates a need for repairs and replacements

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9
Q

Hidden expenses

A

Need to watch out for “hidden expenses”: things most people do not realize are costing them money
- Poor insulation (heating bills)
- Running Toilets (water bill)
- Unused Insurance Opt-ins/Add-ons

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10
Q

Importance of journaling

A

Need to keep a journal for frequent, behavior-dependent, high waste-risk purchases (like groceries or gasoline)
-Jounal your habits, see how they affect the costs

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11
Q

Importance of SHED

A

Take SHED seriously (Sleep, hygiene, exercise, diet). If you don’t you could end up paying for pricey procedures or medication in the future.
- in general, taking care of your things should be a priority

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12
Q

How to maximize tax deductions

A
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13
Q

How to tell you’re being tricked by neuromarketing

A

If you are tempted to just buy a bunch of things in your cart, you are being tricked. That’s the neuromarketing working on you. You need to keep in mind that websites like Amazon are designed to keep you spending money. It is easy to fall into the trap

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