Downpayment saving, new Kindle next week? and enormous new TVs
How long will it take to save for your home? The Atlantic analyzed data to calculate times for major metro areas. They based their numbers on saving a standard 20 percent down on an average home with a worker making an average wage putting aside 10 percent of earnings each month. Now they use pretty conservative estimates, but if you’re looking to buy in Honolulu it would take over 28 years to save that downpayment. San Francisco is another place where the kids will be in college when you finally buy, coming in at over 20 years.
To get the best prices, don’t buy gas right before a holiday or Wednesday mornings after 10am. Gas stations usually raise their prices before heavily traveled holidays, such as Labor Day and after gas station owners have checked out their competitors’ prices.
Will the Kindle be given away for free some time in the near future? Farhad Manjoo of Slate predicts that it will. Manjoo even thinks that one day signing up for Amazon’s Prime service – $79 a year for fast shipping, streaming content, etc – will net you a free Kindle at some point down the road. And watch out: Amazon shows that Kindle Fires are ‘sold out‘ currently, meaning an update is just days away.
Time reports that Icelanders are more than twice as happy as Americans in general. What can American business learn from our northern neighbors to better our workplaces? Create a community, have a hobby, put family first, and provide healthier food. Oh, and eat fermented shark occasionally…
Love your new flat screen TV? You didn’t think electronic makers were going to let you stop there, did you? Start saving your pennies cause a whole slough of companies announced so-called ’4K’ sets this week. Boasting a resolution of nearly 4000 pixels on the horizontal (vs today’s 1080 pixels on the vertical), most sets start at 84 inches wide. But why stop there? Panasonic recently demo’d an 8k set. Of course there’s no content yet and you’ll have to sit wwaaayyy back but hey, there you go….