Canadian Personal Finance Blog

Personal Finances and Consumer Concerns, essays, stories, examples and how to articles with a distinctly Canadian Point of View

Archive for February 5th, 2007

Case Study: Block Heater

Monday, February 5th, 2007

On a frigid morning such as this in Ottawa, I smile and thank my mechanic for convincing me to put a block heater in my Honda. It cost me something like $75 installed, and then I paid $25 for a high amp timer and extension cord, but at the end of it, I think the timer and such paid for itself the first winter, in electricity not used. The block heater pays dividends every morning my car starts and warms up quickly, so I can get to work (hmmm, ok maybe not that many dividends if it gets me to work, but at least I get to work).

It all comes down to the same question, “What do you want your money to do for you?”. If you buys something that someone else views as a luxury, but you enjoy it, and use it, then who cares what anyone else thinks? Now if we are talking about a $500.00 hammer, then maybe we could argue a little.

Speaking of money, over $100M was legally gambled on last night’s Super Bowl, but at the end of it, the thing I will remember is the advertising :-) (and the Colts winning).

More on this topic (What's this?)
Honda May Soon Go Electric
Honda's Latest Electric Offering
Read more on Honda Motor Company at Wikinvest
www.financialwebring.com