Monday, July 14, 2008

OK, So I'm Buying a Roomba

The other day I wrote that I've been thinking about buying a Roomba robotic vacuum. Today's house cleaning has convinced me to go ahead and do it when the time is right.

Basically, vacuuming my home is a good thing to do, but given the alternative of having a robot do it for me, it's a waste of my time. In the time it takes me to vacuum my place, I could probably write up one or two paid blog posts, drive more Entrecard traffic to my blog (thus raising its revenues), or any number of other things. The $150 or so I stand to spend on the model of Roomba that I'm interested in could be regained in short order if I spend my time elsewhere.

I'm sure this will come as a relief to my cats, too, who helped inspire me in this decision today. They were so freaked out by me vacuuming this time around that they spontaneously invented all sorts of sheer terror inspired airborne acrobatics that would put the greatest martial artists to shame. It's no good to stress out animals that could decide to poop outside of the litter box on account of that.

And so I am placing more money into my Forex account to make this happen, such that at least the minimum monthly payment required by my credit card company for a purchase of this amount will be funded by the interest generated. In truth, I could go ahead and order the thing now, because the amount of interest my Forex account is currently generating is well in excess of any similar encumbrances. However, I don't want to spend my Forex income up to its limit - the purpose of it is to fund my financial freedom, not keep me "wage slave neutral" (to coin a phrase... may have to flesh that one out at a later date).

I'll need about $363 dollars to do this. This amount, at current interest rates for the currency pair I favor (USD/TRY short), will generate around $10 per month, the minimum amount the credit card I use for this stuff requires as payment for a balance this low ($10 is the minimum until the balance is sufficiently high enough that 2% of it would equal more). While I could put this charge on top of what I'm already paying and reason that I only need to increase my interest income by 2% of the purchase amount to match it, this would be akin to maxing spending on the interest income amount (see above). Therefore, I'll take the disciplined route of building up enough cash to pay for the device as if it were the only purchase being paid down by my Forex income.

It might take a week or two to do this, so in the meantime... earplugs and blinders for the cats?

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