This is the last part of this article, to read the first part, click here: The Relationship Of Obsolescence And Frugality Part 1. Aside from planned obsolescence, there is another type of obsolescence that’s being utilized by product engineers to maximize business profits. This is called perceived obsolescence. This type of obsolescence is where the […]
Tags: Money Saving Tips, obsolescence, obsolete, perceived obsolescence, story of stuff
Wikipedia defines obsolescence as the state of being which occurs when a person, object, or service is no longer wanted even though it may still be in good working order. The root word of this term is obsolete, which we all know is synonymous to being out of date. Furthermore, it is said that obsolescence […]
Hi, my name is Fitz Villafuerte and I’m a Registered Financial Planner living in the Philippines. In 2007, I started this blog to help people learn how to achieve financial freedom.
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