///Single Serve Coffee Machines///
I’ve been weighing whether I should get a Keurig or a Tassimo single serve coffee machine. Considering the up-front coffee machine purchase will cost under $100, I’ve definitely “over-thought” the issue. The reason I’ve done an unjustifiable amount of research is that I want to pick the dominant technology, not get stuck with the inferior one.
My options (while writing this on Monday) are to get a Tassimo T2002 for $79.08 (after tax) or the Keurig Elite B40 for $90.31 (but only after a $10 mail-in rebate, which I hate because it’s a massive waste of time for a discount that should occur at point-of-sale). There is a Keurig Mini on sale at Canadian Tire for $69.99 but the limited size and its small water reservoir make it unfit for my needs. On this basis, I’m obviously leaning toward the Tassimo — but the up-front purchase is only one component of a single serve coffee machine’s cost in the long run.
The coffee (purchased in K-Cups for the Keurig and T-Discs for the Tassimo) is pricey. The patent on the Keurig K-Cups is expired, meaning competitors can produce the cups without a license. As predicted by the laws of economics, this has resulted in more competition, a broader variety of coffees, and lower costs. T-Discs, on the other hand, are still covered by patent(s). Surprise! They’re expensive. Point for Keurig.
But the cost of the T-Disc may have some justification. The Keurig pretty much just shoots hot water through the K-cup, “brewing” whatever the contents are. This results in a limited range of beverages. The Tassimo is more versatile. Its barcode reader, adjustable pump, and variable temperature, can create a broader array of drinks. If I’m going to pass this off as an early Christmas gift for my partner, I’d better be certain it makes the best possible hot chocolate.
Overall, my choice is the Tassimo. The initial price difference is essentially irrelevant, and the premium price of T-Discs is a huge deterrent. But, in the end, if I just wanted to brew coffee with hot water I’d use a $10 French press. Nobody will ever visit me and ask for a cappuccino, but with a Tassimo I’ll be ready.
UPDATE: I bought the Tassimo for $69.99 plus tax. I’ve been enjoying a lot of lattes. My partner thinks the Cadbury’s hot chocolate is good. Side benefit: my espresso consumption has eliminated my energy drink habit. This change is pretty much money-neutral but definitely reduces my calorie consumption.
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///Catherine a.k.a. “I’m running out of Cat jokes”///
- Echo from Boomer and Echo mentioned one of Adina’s timeless articles this week.
- Mr. FU, a.k.a. Nelson, mentioned a different post by Adina.
- BalanceJunkie did a neat round-up of the “best financial tips” and included TF’s.
- I totally missed this one (apologies; I rely on track-backs and didn’t get one for this post) but two weeks ago, Glenn from LifeInsuranceCanada included TF in his roundup.
///Tweet(s) of the Week///
I never, ever thought I’d have a Gold Card. The precision of their marketing, in this instance, was uncanny.
americanexpress.com/canada/en/xbox… It’s like this Credit Card deal was designed for ME specifically. INCREDIBLE. I’m in.
— TimelessFinance (@TimelessFinance) November 13, 2012
I spent about two hours on the phone with Bell Canada this week. It was an egregiously frustrating experience for the most part. Tech support has been helpful when we’ve called in, but the same problem of terrible download speed (verified by third-party and Bell’s own speed tests) kept recurring. We were often getting only a fraction (5 – 10%) of the promised speed.
I called billing last weekend, only to have them put me on hold and, after ten minutes, their line hung up on me when their office closed. Then I called back on Tuesday. I was on the line for over an hour with a rep who told me that there was never an issue, and I was not going to get any kind of recognition for my six months of problems. Worse, she kept stringing me along TRYING TO GET ME TO PAY FOR A MORE EXPENSIVE INTERNET PACKAGE (even though Bell hadn’t been delivering on the PREVIOUS package’s speed), so I hung up. I called back to ask for somebody who could send me to cancellations swiftly. Anyway, I got on the line with Kelvin (yes, like the temperature scale, I asked. I think that name is awesome). He said he’d send me straight through but asked if I was willing to hear an offer first. He gave us a $90 before-tax credit, which was enough to compensate our internet troubles and my several hours of time on the phone. Nice save!
@bell_support I was ready to cancel Bell internet today. Your CSR Kelvin saved the day w/ kind attitude and 2 month internet credit.
— TimelessFinance (@TimelessFinance) November 13, 2012
Money-Smart Keyword Award goes to:
cmhc is subprime
Money-Stupid Keyword Award goes to:
how to make duck tape curtins
Forever-Alone Keyword Award goes to:
being mature makes me lonely
lol wut? Keyword Award goes to:
counting pennies up to 50
Notably missing keyword to SEO-optimize this post by increasing the keyword density:
single serve coffee machine
I actually can’t wait to give Cat a lemon.
“God save the King.”
“God save us all.”
///Quote of the Week///
1. The Canadian furniture retailing industry is in upheaval as #1 retailer Leon’s snapped up #2 retailer The Brick. At the time of the merger announcement, Leon’s market cap was $800 million, which is only $100 million above the price being paid for The Brick. Not an image of a healthy industry. Consolidation is a logical step before the housing market dies. The cheap credit (and stupidity) that drove housing purchases surely had some spillover into overpriced nouveau riche furniture. Goodbye consumer confidence. Check out my more thorough analysis on the Canadian Money Forum.
2. I found this story about 15 accidental inventions to be extremely interesting. I’d heard some of the stories before, but many were new. And then, for some reason, I got super sidetracked researching spacesuits and stumbled upon this interactive infographic. Bizarre fact: the human body can survive space without a suit for 30 seconds without permanent injury, which completely blew my mind.
3. According to the New York Times, using a BlackBerry is socially embarrassing. Some of the claims are laughable; I can send emails and multitask much quicker on my BlackBerry 9900 than an iPhone user (even with Siri’s servitude). Funny that this declaration comes from a publication that most intelligent, objective people would not be caught dead reading. And the idea that a newspaper would dare pompously pontificate about a dying business is ludicrous.