Another Way to Waste Money

The economy’s bad, right? That’s all I’ve heard about for years – the sad state of our economy. You’d think, in times like these, people would be buckling down, saving money, and pinching pennies – or any other financial clichés you can think of.  After all, this is the “rainy day” we’ve all heard about, right?


Well, companies like AudioBooks are banking that people are still more interested in consuming than in saving.  According to TUAW, they’ve recently released an “all you can listen to” audiobook program.  You get a subscription and have access to their complete audiobook library – whenever you want it.  Similar to Spotify or Pandora, you don’t actually own the books – you just get to listen to whatever you want, whenever you want.


I was mildly interested in this until I saw the price tag – $24.95. PER MONTH. That’s $300 a year!  And considering, at the end of that year, you don’t actually own anything new (except maybe the information in your head), this doesn’t sound like a very good investment to me.


What do you think? Is this something you would pay for? Is it hypocritical for me to call this a stupid purchase while I sit here enjoying Spotify Premium on my computer?

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3 Responses to “Another Way to Waste Money”

  1. Granny says:

    Nope. I'm still trying to justify my Kindle!

  2. ihavetriedit says:

    I stopped logging into iTunes because I would continually buy songs for less than a dollar (this was a few years ago) I thought THAT added up…I can't imagine spending $25 a month on songs I don't get to keep!!!

    • downswithdebt says:

      I agree! Though, I will say, I got a Spotify subscription for Christmas (which costs $10 per month) and I absolutely love it! Even though I don't "own" the songs, I do enjoy getting to listen to any album I want whenever I want it. It also helps me decide which music I would actually LISTEN to before I buy an album.

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