Myrtle Beach on the Cheap would like to thank Laura Laing, author of Math for Grownups, for the following post on how a little bit of math can help save you some money.
Save More with Math
By Laura Laing
Saving some bucks can be a thrill and also a big boost to the bottom line. But did you know that a little bit of math can help you save even more? Take a look:
For the Day or the Year?
Your four kids have been clamoring to see the baby seals at the local aquarium all summer long. But dang! Those tickets are pricey! You spot an online deal: 10% off each child’s ticket. Can you do better?
Here’s where looking at an annual membership might be a better deal. Let’s look at the numbers. If an adult ticket is $25 and a kids ticket is normally $20, you’d pay $25 + $20 + $20 + $20 + $20 or $105 normally. With the discount, each child’s ticket will be $20 – $2 or $18. That brings your total down to $97. But if a family membership costs $75, you’ve saved cash without the reduced ticket price.
Fly Me to the Moon—with My Luggage, Please
You found a great deal on plane tickets online, but is the best deal? To find out, check the additional fees.
Most airlines today are charging for each bag of checked luggage. So, if your discounted ticket costs $250, but you need to check two bags (at $20 to $25 each), you could be paying up to $300 for the ticket, not including airport taxes and security fees. Another airline, without checked bag fees, could cost you less in the long run.
BOGO May Be a No-Go
By one, get one (BOGO) is always a good deal, right? Not so fast. You’ve found an online coupon for orange juice. If you buy a 64-oz container, you can get a second one at half the price. Take a look at the other options when you get the store – before you buy.
At your local Piggly Wiggly, you notice that the BOGO orange juice is $3.48. But there’s another brand on sale for $5.53 per 128-oz container. First off, the second brand is twice as large as the first. So, whether you use your coupon or not, you’re getting the same amount of juice. But how much would you pay, if you use the coupon? Half of $3.48 is $1.74. (Use a calculator, if you want!) And $3.48 + $1.74 is $5.22. Turns out, BOGO is the better deal.
You may not want to do any math, but if you’re looking for the best deal, a few calculations—and some creative thinking and common sense—can mean the difference between saving and spending.
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