Words of Wisdom

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Wednesday, September 1, 2010

Say Hello to my little friend


Now I know that some of you are suspicious of the Kindle/Nook/eReader etc. but here's an interesting tidbit I found online regarding price comparison to reading actual books/magazines vs. buying and reading them on an eReader:

So this leads us to the question; what's a frugal reader's best choice -- an e-reader or printed material?

To answer that, let's pretend you like to read the latest best-seller every week, the Wall Street Journal every day and Time Magazine each week. What are your choices?

If you shop locally and pay the cover price for your books, and buy subscriptions for the paper and magazine you'll pay $20-$30 a book, adding up to around $1,300 a year. Add the paper Wall Street Journal subscription ($258 a year) and paper version of Time magazine ($20 year; yes, they're practically giving it away) and your yearly tab would be $1,578.

If you buy them in Kindle format, and we assume your Kindle will last three years, then your cost per year would be $91.66. The bestsellers would cost $519.48 (at $9.99 apiece). Add the cost of the Kindle version of the Journal ($179.88) and Time ($17.88) and it comes out to $808.90. 

Read more: http://www.walletpop.com/blog/2010/01/12/savings-experiment-does-the-kindle-beat-buying-books/#ixzz0yHHetLvX

I just bought "The Girl with the Dragon Tatoo" and started reading it last night.  It was super easy to buy and download and only cost me $6!  Now if I can just find a cute case....

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