Imagine one calculator that shows you, with a few steps, how much a thing really costs you, certainly based on how much one has spent to get it, but also based on how much it is used, how, how often. That is, how much impact daily on the economy of your life.
The site that offers this service is called What the cost and the operation is very simple: enter the cost of that thing, indicate the time for which we used it, then add any recurring expense and indicate the frequency in which it was used.
It can be a suit, a pack of cigarettes, an armchair, a magazine subscription. Here, the calculator then parcels the costs of “ownership”, reporting the annual cost, per month, per day and per use.
So, for example, if I bought a dress for 100 euros, I kept it for 5 years and used it once a week, having taken it to the dry cleaners once a month and having spent 4 euros each time. having that suit cost me 68 euros a year (between the initial expense divided by the years and the monthly cost of the dry cleaners), 6 euros per month, 0.19 euros per day and it’s as if I had paid 1.30 euros every time I wore it.
Are you curious? All that remains is to try.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
