Much of the real cost of a home printer is the ink. In fact, refill cartridges can end up costing more than 500 per cent of the cost of the printer itself over the life of the machine, according to a 2008 study by the American Consumer Institute, a consumer-protection group.
No wonder so many of our readers now refill cartridges at office-supply stores or print out only essential documents. And they're not alone.
Ink is so pricey that some printer manufacturers discount their machines in order to sell more of the models with the highest ink expenses. The American Consumer Institute Center for Citizen Research found that consumers could save $6 billion a year if they opted for printers with lower ink costs rather than those with the lowest sticker prices. The center has a calculator on its site to help consumers estimate the cost of owning a specific printer.
May 20 (Bloomberg) -- Michael Widmer, head of metal markets research at Bank of America Corp. in London, talks about the outlook for silver, gold and m... More May 20 (Bloomberg) -- Michael Widmer, head of metal markets research at Bank of America Corp. in London, talks about the outlook for silver, gold and metal markets. He speaks with Sara Eisen on Bloomberg Television's "Market Makers." (Source...
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How many credit cards should one person have?
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- 73 %Just one. Credit cards should only be used for emergency situations.
- As many as you can. Credit cards are a great way to make purchases and get great rewards.
- None. You should never buy anything on credit.