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Saving Money
Title:

Saving Money

Published:Tue, 9 Feb 2010
Description:Steve Syre from the Boston Globe talks about how people are really cutting back
+Automatically Generated Transcript  (may not be 100% accurate)

" Sun comes -- just feel it way down to the south it's more -- that's not a hot hot hot what's not all about it yet you teasing me now that may -- in order a -- in a policy high end brand over every day a little -- off not -- do you have any idea of the companies he is totally tourism is absolutely must not only are we blessed by the sunshine today we're blessed by a little ray of sunshine every day at this time. He's known as Steve side home from the Boston Globe. In today's Boston business report with sunshine Steve's site is being brought to -- realize savings bank life insurance is a no nonsense life insurance company highest Dave."

" Good morning -- I want someone -- say at the bend over to see this kind of shot."

" He -- a guest says something about where his head is right how hot hot hot hot hot so Steve I love the story Lawrence talk about today because it I think about this all the time how many more monthly charges can the average American take. You you -- users have a -- processed 125 bucks a month and that was our technology now we've got cell phones. Now we've got cable TV now we've got a high speed Internet connectivity it goes on and on an odd."

" It is and that it you know this is something that there's I think comes down to two categories one is kind of communication. You know your phone in your cellphones and so forth. And and entertainment and mean clearly aren't smart cellphones that line kind of Boras but. That this census bureau of all people I know how you -- centrist people's -- they think he's the president and and one other thing that they've kept track of just how much people spend on essentially -- home entertainment and media spending electronic. Entertainment at home in those things like. Cable TV your connection to the Internet and how would you subscribe to games like Xbox subscriptions things like that. And that it got up and up and -- over over the years and then this is decade that's obviously a long time. And wherever it -- I tell where it's gonna be about thousand dollars this year and that that thousand dollars doesn't include a lot of things it doesn't include. Your regular phone to begin with the right kind of -- for that -- your cell phone or those big data plans that go with Smartphones that are really the big get."

" I wanna get this thousand dollars a year that's way too low I -- cable -- read my daily camera."

" Think my cable bills over a thousand dollars a year its most."

" Well you're very you're probably including those that did the high speed Internet in that."

" No I'm not but I do have things like I mean I tried you know I'm sort of I have all kinds of channels and things like that and one of the -- it in terms of functionality that really improve the product for me that was worth the object of the builders think like. -- DVR as they get rolled into your monthly bill. Doesn't lose. So I did I ever was part of the diva that TiVo generation where you just bought hardware Obama camp and -- a subscription to that still."

" You know Steve at a time is its interest he went to ought to professionals about -- upload smoke but -- show prepped and in terms of the wrote the column that you write for the globe and other work did you do. You've probably have to have that but isn't this an area in which when you know Americans talk about the need to cut back and reduce monthly expenses. Isn't this a prime opportunity for a lot of Americans."

" You can obviously -- very easily just. Do something different and save a lot of money here. -- on the other hand I think you know if it gets a thousand dollar number is real and and I agree with you I think the real number is higher. You know I'm not so sure that's such a bad evil you know considering what other forms of entertainment cost."

" Not a bad deal but when you. -- this story in the New York Times today talks about one young couple who've you know decided to get rid of some of the technology. Because they thought it was more important to be available to go out to dinner. And go to theater and things like that and I don't think people make those kinds of decisions most of the time especially when the economy's a little better. Everybody's so a sense of entitlement about what basic services are goes up. And they include all this is essential."

" That's true as always we'll look at what things really cost and what you're saying for. I think in the last couple years without we've we've made a -- where. The hardware technology has made it possible to. Receives a high speed data and see it very quickly where. These data plans there -- thirty or 45 dollars a pop on every piece of equipment are practically. -- are things that really load in you know that's another 500 bucks a year basically there. And if your family out of Bora where you have you know kids who need a big data plan because they're texting all the time which is pretty much every kid. You know those are things they did this specific things that -- get embedded into your cost."

" Not to death texting phenomenon with younger people is astounding you'll see four or five of them together none of them talking anymore. And I'm gonna talk to each other did they are used to be teenagers yet again GAAP non stop there was no. The flow the conversation was five separate conversation but at least it was a conversation now they'll have they had done in the -- and things into a smile at the difference then somebody is not yeah if -- It used to be nobody out wanted to be together. But they -- you know they weren't together so they -- the best of -- the other with people you know wanna be with so these are so you tell you know I'm exhausted sent some believe -- socket of the people -- well I've never seen anything like -- this is an amazing -- but the I don't understand what the kids why parents pay for these plans for the children I would I don't get that I would say kid. Good job if you want all this crap yah I'm gonna pay a subscription you can have an Xbox and waste half your life played stupid yeah just. Not -- would feel like you're Serbia reading a book your really your home or how about dad reading a book conversation. You know what you don't know it was a great way to grow up playing card games -- games whether we spoke a weather was blackjack whether it was blue orange. Whatever they had was cut you're a great way to grow rule that's."

" And it comes idea of of how kids grow -- you pay to play poker and it died in the back girl. Takes. And that's our."

" We're we're do you think he got his -- and his ability to con people while he was copy totally strange as a buffer -- and I love -- the Catholic Rashid and we pulled to an inside straight so I met your blog."

" You'll talk to plan may end up being more expensive the F."

" I don't know US bull crap talk about how about how he can plot fat fat. Oh good don't go the ads upload get a -- Leon. Speak so -- out any you know that is the trend is nowhere but up on this stuff right up."

" Absolutely got to go back got you know about five years that there's there's thousand dollar number that I mentioned was about 750 something like that so. You know it showed you this Detroit lineup and I think just. Everything in isn't in our everyday lives would tell you that number -- you know is he gonna have. Or go down any kind of."

" Even terms of the business marketplace we see new companies coming along with -- ideas I would I would think that the company's coming along now the wanna add another monthly bill. I have a real tall order to be able to -- cents."

" I well it depends let you know I think. It -- it appears that there's sort of the razor blade mentality to a lot of these products -- Did you know that the startup cost the hardware costs are really quite reasonable is that it's the same thing with cell phones obviously. But it's it's these you know about the monthly fees that start off modestly and become higher would add -- but if you're gonna you know you. Be -- be able to do something because somebody gives you. A piece of hardware either before your very inexpensively. And you start -- you know paying fifteen or twenty dollars a month. I think those things."

" Ian Tyson yeah I don't enticements can get you right over the line. There's no question about it. Well we know -- and enticements and our line but we don't know -- it's it's a raisin thank the Gillette -- a fabulous -- get the had we real yeah but then you by the replacement raises that's where the money is for Gillette. Absolutely that's a fair enough deal the trouble is that they want it they start charging you for the monthly shaving cream heater. And then for the heated rags to -- her face. If -- if you carry its aware we are the rest of the world the Matta -- example the issue you could learn a lot from what do you just to jump in the Jared tell Donna that you -- I. While no 100 -- other races what -- they -- shaving -- fought RBI raising thank you sir good report have a good weekend student parent -- weekend -- Tuesday what do you think they'll talk to -- tells you how hot and Steve -- from the -- low post every day we do the Boston business report with the globe's Steve -- today's edition. Has been brought to you by ESP realize savings bank life insurance is that no nonsense life insurance company I really wonder about how much more people can take and I think in this economy were people doing is they're running I know people or canceling their home phone. And I know people consider it their plans for the cell phones and their lookin' at the cable play and that there reexamining now because there's a lot of money going out the -- what I call lump. Chatter about definitely doctor -- absolutely I mean I'm. I'm encouraged to hear that occurs to hear that Americans have not become so diluted that they think these things that urgent necessities and elected conveniences. But keep in mind that's what it is very convenient. -- Oh that's right the -- still."

" I'm sorry I imagine this is that is. Just a little joke there. Files can walk -- Talk radio windows per. Rush Limbaugh every week they've removed the -- Only here on Boston's toughest thing. -- Did the forecast sunny today and you -- high of."

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