MONEY: Interesting approach to a niche way to save

http://www.getrichslowly.org/blog/2011/08/21/reader-story-geographic-arbitrage-in-real-life/

Reader Story: Geographic Arbitrage in Real Life
Sunday, 21st August 2011 (by J.D. Roth)

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You can save money by traveling to a place where a given item is cheaper to buy, but time and travel costs need to be considered which may negate any savings. But because I travel regularly, usually by car, to visit family members (mine and spouse’s), I’m able to take advantage of pricing differences between my home area and theirs.

Though it may sound like it, I’m not exploiting overall cost of living differences in the sense that it’s generally cheaper to live in Tennessee than in California. This is an item-specific phenomenon, so it works for me when I visit family members, and it works for them (on different items) when they visit me. Below are some examples of how this has helped me save money.

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I don’t travel that much.

Yet!

Perhaps there’s a interest in this strategy.

The only time I ever did anything like this was bringing home cheap butts for the in-laws.

That was before instituting my Zen-like policy of “I don’t have anything to do cigarettes”. Part of “walking gently on the earth”.

:-)

Sigh!

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