Posted on 08/18/2023 10:30:49 PM PDT by Saije
All over TikTok, “girl math” is being used to justify almost any purchase, from everyday things like $5 coffees to big-ticket items like concert tickets. While everyone’s version of girl math is different, it typically involves rationalizing your spending in often illogical ways.
Say you buy your daily coffee with cash, rather than your credit card — it’s basically free, according to girl math. Or perhaps you make an expensive purchase, like a designer handbag — just use girl math to break the price down on a “cost per wear” basis so it doesn’t seem as pricey as it really is.
However, it’s not necessarily a healthy outlook.
“It’s like burying your head in the sand,” says Tori Dunlap, a self-made millionaire and founder of financial education platform “Her First $100k.”
On TikTok, there are hundreds of videos tagged as “girl math,” with some amassing millions of views. And although these videos may be intended as a joke, the trend may inadvertently normalize poor spending decisions, Dunlap tells CNBC Make It.
(Excerpt) Read more at cnbc.com ...
As long as you figure in the cost of not doing something else with the money, OK. (e.g., would 39k have been better in his life in the form of a better home?)
high maintenance women will break you no matter how much money you make. Avoid them like the plague
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We did a calculation on the effect of having a car payment when applying for a mortgage. Essentially, the banks take your debt service and multiply by three. That is the amount of pre-tax income you have to set aside to make their affordability algorithms work.
So, if he had an $800/month payment, he would impair $2400/month of his income for mortgage purposes.
He is better off having no debt service when applying for a mortgage. Of course, the real estate market has moved away from him for the time being.
But in only cost $150,000 per fatality! Think of all the money saved in lifetime Social Security and Medicare benefits! Definitely a plus to society!
Not a new thing. Gracie Allen did this 70 years ago.
As my late MIL used to say, “a woman can throw more out the back door than a man can bring in through the front door”
Cost per use of my annual fed, state & local tax dollars? About $3/hour.
(not counting sales tax, Medicare, SS, etc.)
And what use do I get? If you ask me, it ain’t worth it
Never heard of “girl math” until now.
So, I looked it up on Twitter.
Here’s how the “girls” are explaining it:
(1) They don’t consider cash to be money. Money is only what’s in their bank accounts. So, if they spend cash on something, they believe they bought it free.
(2) If they buy something and then return it for a refund, they think they made money.
Are these girls being sarcastic? This is a joke, right?
Liability insurance is similar. For example, suppose I am hit by a car and suffer serious injuries. I sue the driver for $2 million. The insurance company, after evaluating the claim, sets aside $1.5 million in reserves to cover the potential loss. The case then settles for $1 million. Using "insurance company math," the insurance company made $500,000.
United States of Delusion?
Sort of like the ‘percent% off’ sales.
Store/website just raises the prices and then posts a certain % off.
Going out of business %-off sales are different. Stores used to increase the %-off each day to clear out remaining merchandise.
And the bridge is free because everyone who worked on it and the materials were already paid for. No loss!
There’s an old saying to the effect that a man will pay $20 for a $10 item he needs, and a woman will pay $10 for a $20 item she doesn’t need.
LOL!!
Because REAL math is not as easy... that’s why there’s ‘girl math’.
You GO, girls! Don’t make the most of your brains! /sarc
I saved a couple of links about that “girl engineered” bridge collapse, but they were scrubbed from the internet within a day.
Part of the fridge conversation I assume involved the length of time she planned to live in the apartment. If the plan was more than two years, I would have done the $300 and worried about moving when I moved out. I would probably leave it.
It is the one time girl math works.
Sometimes using the per-cost-of-use method is very revealing.
= = =
My kids bot me a Scan-Gage that plugs into the OBD port.
It will display many different engine values, but will show the running cost per mile.
It costs me $1.00 to drive home from the gas station! EEK!
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