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I was torn when Amazon.com, the online-only retailer for books, music, and movies, became popular. I liked the convenience, but it was clear that local brick-and-mortar bookstores would have difficulty competing with Amazon’s prices in the long term. I was swayed enough to the side against Amazon when I participated in a boycott of the company when they filed for a patent for the 1-Click ordering system.

Over the years, though, I’ve come to accept Amazon.com as a part of my life as a consumer, and I shop using Amazon.com for more than just books, music, and movies. I gave into my desire for speedy delivery and joined Amazon.com Prime, as well.

BooksAmazon.com’s aggressively competitive tactics has extended recently to book publishing. With a book publishing arm, Amazon.com has the right to sell its own published books exclusively. With the new tools Amazon.com is offering authors, traditional publishers are having a hard time competing.

This week, I saw that Amazon.com is planning to open a physical, brick-and-mortar store in Seattle. It could be the first step to bring storefronts to more locations throughout the country, but that depends on the results of this one Seattle location. The purpose doesn’t seem to be to keep an inventory of books, movies, and other media on hand to sell, but to focus on Amazon.com’s own electronics, like the Kindle.

I was recently reminded of why I was wary about Amazon.com in the first place. I’ve seen what has happened to local book stores, some of which have gone out of business, and what has happened to Borders, with large, empty stores left in the wake. There are several local book stores that remain, but I can’t say whether the stores are thriving and predict how long they’ll last. I spoke with a book-lover who was mortified that I rarely shop in independent book stores and that Amazon.com is changing the landscape for consumers and hurting small business owners.

If Amazon.com extends its new store front model beyond one location in Seattle, the primary competitive target seems to be Apple, not local book stores. Yet, if the e-book, and particularly Amazon.com’s proprietary version of the e-book, becomes the preferred method of reading for more consumers, and these e-books could be purchased only from Amazon.com, local bookstores will be in danger.

What will a book store look like in the future? Will locally-owned book stores continue to exist as viable businesses?

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O’Reilly, The Globe and Mail, New York Times

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Today on the Consumerism Commentary Podcast, Tom Dziubek talks to MD, founder of the personal finance website Studenomics.

MD talks with Tom about topics such as his inspiration for Studenomics, how he got through college without having to pay off student loans, and also about things that people in their early twenties need to consider if they’re thinking about buying a home.

Consumerism Commentary Podcast
Buying a House In Your Early 20s: S06E16 / 173

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Table of contents

Consumerism Commentary Podcast[00:00] Introduction from Tom Dziubek
[00:36] Interview with MD
[00:53] MD’s inspiration for Studenomics
[02:22] The focus of Studenomics
[03:14] MD’s college years
[03:53] Starting off at a community college
[06:00] The start of the blog
[08:31] Paying for college
[13:32] Buying a home in your early 20s: Income considerations
[15:26] Considering your savings
[16:37] Taking into account your relationship status
[18:42] The need to be somewhat handy
[20:51] MD’s current projects
[23:53] End

We always welcome feedback from listeners. If you have any comments for this episode or for any other, or if you have suggestions for future episodes, please leave us comments here or email us at podcast at this domain name.

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Today on the Consumerism Commentary Podcast, Tom Dziubek talks to Jenny Kerr, founder of The Jenny Pincher.

Jenny talks with Tom about how married women can better prepare themselves financially for a divorce. Some of the items she discusses are keeping individual checking accounts, knowing where the money is and being prepared to start a new job.

Consumerism Commentary Podcast
Protecting Individual Finances in a Marriage: S06E15 / 172

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Table of contents

Consumerism Commentary Podcast[00:00] Introduction from Tom Dziubek
[00:38] Interview with Jenny Kerr
[00:49] Jenny’s inspiration for article
[03:15] Individual bank accounts
[05:34] The need for a joint account
[06:13] Funding the individual account
[07:33] The individual account for emergency access
[08:57] Know where the money is
[10:27] Keeping your resume current
[12:06] Part-time work
[14:21] Understanding the necessities
[15:24] Knowing what benefits are tied to your spouse
[16:40] Identifying policies your spouse could benefit from
[19:13] End

We always welcome feedback from listeners. If you have any comments for this episode or for any other, or if you have suggestions for future episodes, please leave us comments here or email us at podcast at this domain name.

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Today on the Consumerism Commentary Podcast, Bryan J Busch talks to Andrea Woroch, consumer savings expert.

They discuss when and why it can be smarter to shop for certain items during the winter.

Consumerism Commentary Podcast
Best Things to Buy During Winter: S06E17 / 170

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Table of contents

Consumerism Commentary Podcast[00:00] Introduction from Bryan J Busch
[00:33] Interview with Andrea Woroch
[00:51] Big appliances
[02:42] Christmas wrapping, decorations and lights
[03:18] Using and selling gift cards
[05:06] Linens and bedding
[05:45] Motorcycles
[06:28] Suits, prom dresses and spring formal dresses
[08:28] Video games and TVs, and consider ditching cable for a Roku player
[12:55] Winter coats and winter sport essentials
[13:50] Jewelry
[14:58] Furniture
[15:45] Don’t shop for the current season at the beginning of the season
[16:36] End

We always welcome feedback from listeners. If you have any comments for this episode or for any other, or if you have suggestions for future episodes, please leave us comments here or email us at podcast at this domain name.

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Podcast 143: Tax Law Changes in 2012

by Flexo

Today on the Consumerism Commentary Podcast, Bryan J Busch talks to Kathy Pickering, Executive Director of H&R Block’s Tax Institute. They discuss the difference between smart investments vs. emotional decisions, the importance of financial planning, and how most people are better off just buying an index fund and ignoring investment gurus. Consumerism Commentary Podcast Tax ... Continue reading this article…

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Podcast 142: New Year’s Resolutions

by Flexo

Today on the Consumerism Commentary Podcast, Tom Dziubek talks to Consumerism Commentary founder Flexo about New Year’s resolutions. Flexo discusses several tips to addressing New Year’s resolutions including performing an honest self-assessment, setting goals that are meaningful to you and breaking them down into more manageable chunks. Consumerism Commentary Podcast New Year’s Resolutions: S06E12 / ... Continue reading this article…

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How to Love Cooking

by Forest
Toast

This is a guest post by Forest from Frugal Zeitgeist. Forest writes about frugality, finance, minimalism and lifestyle. In this article, Forest shares his experiences in the kitchen. Cooking great meals is a great way to save money and stay healthy, but it’s a skill that I haven’t developed for myself. Passion can boost motivation, ... Continue reading this article…

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Podcast 141: The Behavior Gap

by Flexo

Today on the Consumerism Commentary Podcast, Bryan J Busch and Flexo speak with Carl Richards, author of the book The Behavior Gap. They discuss the difference between smart investments vs. emotional decisions, the importance of financial planning, and how most people are better off just buying an index fund and ignoring investment gurus. Carl has ... Continue reading this article…

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