Welcome to MoneySavingExpert.com's Forums!
THE EASY WAY: All the Forum's best tips go in MoneySavingExpert's weekly E-mail
Plus you'll get all the new guides, deals and loopholes. It's free & spam free
IMPORTANT! This forum isn't moderated.
If you spot a spam, illegal, offensive, racist, libellous post or PM please email abuse@moneysavingexpert.com

  Remember, this is an open forum! Anyone can post so always exercise caution when acting on info.
  Don't post links for personal gain. Except in the referrers section and always declare any interest.
You must Register to post (don't worry it's free)
Reply
Views: 1363  
Thread Tools Search this Thread Display Modes
Old 24-07-2009, 2:32 PM   #1
MSE Lawrence
Researcher
Serious MoneySaving Fan
 
Join Date: Dec 2006
Post Count: 847
Thanked 1,399 Times in 367 Posts
Default 'Big Brother’s flawed wealth test –a missed lesson' blog discussion

This is the discussion to link on the back of Martin's blog. Please read the blog first, as this discussion follows it.


Click reply to discuss below.

Last edited by MSE Lawrence; 24-07-2009 at 2:34 PM..
MSE Lawrence is offline   Reply With Quote Report Post
The Following User Says Thank You to MSE Lawrence For This Useful Post: Show me >>
Old 24-07-2009, 4:27 PM   #2
Willowx
MoneySaving Stalwart
 
Join Date: Jan 2008
Location: Kent
Post Count: 366
Thanked 294 Times in 199 Posts
Default

That doesn't necessarily work even without the bread example. I don't watch Big Brother so I can only go on what you have said but surely they could have said something along the lines of a pint of stores own brand milk in a large supermarket for example.
Willowx is online now   Reply With Quote Report Post
Old 24-07-2009, 4:50 PM   #3
BenL
Fantastically Fervent MoneySaving Super Fan
 
Join Date: Sep 2004
Post Count: 2,577
Thanked 1,085 Times in 798 Posts
Default

What if the contestant got the milk delivered fresh in a morning? This would probably cost more still and then you have to factor in the milk-persons xmas tip divided by how many deliveries they make - maybe 313 times a year.



I beep for Robins - Beep Beep
& Choo Choo for trains!!
BenL is offline   Reply With Quote Report Post
Old 24-07-2009, 5:02 PM   #4
JimmyTheWig
Fantastically Fervent MoneySaving Super Fan
 
Join Date: Oct 2006
Location: Chessington
Post Count: 2,285
Thanked 1,506 Times in 858 Posts
Default

Surely it's really a question of "what do you pay for a pint of milk?" Know that and you are then armed to spot a bargain.
It's all very well to be able to spot the best price milk in the shop you are in, but how do you know it's not cheaper elsewhere? It's impractical to go round every shop and then go back to the cheapest.
So knowing the absolute price of something is actually very, very useful.

For example, we aim to pay no more than 10p per nappy - i.e. when they're on special. Just seeing on the shelves that Tesco's own are cheaper than Pampers doesn't mean they're good value. If they're significantly more than 10p per nappy then we'll just get the minimum and hope for an offer elsewhere or next time.
If we didn't know the "10p per nappy" price we would be helpless.
JimmyTheWig is offline   Reply With Quote Report Post
The Following User Says Thank You to JimmyTheWig For This Useful Post: Show me >>
Old 24-07-2009, 6:24 PM   #5
smileygill
MoneySaving Convert
 
Join Date: Dec 2007
Post Count: 26
Thanked 18 Times in 9 Posts
Smile

It's an outdated question. For younger readers; in the days of the Milk Marketing Board, milk came in one-pint glass bottles from the milkman or the corner shop and cost the same price everywhere. Supermarkets generally didn't sell milk; it wasn't discounted or bulk packaged so the price was common knowledge; I recall in 1975 or 6 it cost 5p a pint for "plain" full-fat milk.

I don't remember skimmed milk on sale, except dried in cans, and semi-skimmed was unheard-of. You could buy Gold Top and Channel Islands milk if you wanted more fat, though. Oh, and sterilised milk in a long-necked crown-capped bottle with that disgusting bit of "skin" lurking inside to float in your tea.

Enough from memory lane. Asking someone the price of a pint of milk made sense back then; it was as invariable as the price of a penny chew. If you didn't know the price, you either didn't shop for yourself or had so much money you didn't count your change.

It's just a dumb question nowadays for more reasons than you want to read.

HTH.
smileygill is online now   Reply With Quote Report Post
The Following 5 Users Say Thank You to smileygill For This Useful Post: Show me >>
Old 26-07-2009, 2:26 PM   #6
samizdat
MoneySaving Convert
 
Join Date: Apr 2006
Post Count: 167
Thanked 49 Times in 40 Posts
Default

Quote:
Originally Posted by smileygill View Post
It's an outdated question. For younger readers; in the days of the Milk Marketing Board, milk came in one-pint glass bottles from the milkman or the corner shop and cost the same price everywhere. Supermarkets generally didn't sell milk; it wasn't discounted or bulk packaged so the price was common knowledge; I recall in 1975 or 6 it cost 5p a pint for "plain" full-fat milk.

I don't remember skimmed milk on sale, except dried in cans, and semi-skimmed was unheard-of. You could buy Gold Top and Channel Islands milk if you wanted more fat, though. Oh, and sterilised milk in a long-necked crown-capped bottle with that disgusting bit of "skin" lurking inside to float in your tea.
I used to love that Gold-top milk - it was the only stuff I would have on my cereal but, then again, I used to eat Alpen only with double cream. Nowadays, I only have skimmed. I used to like removing the bottle tops with a karate chop. Happy Days.
samizdat is offline   Reply With Quote Report Post
The Following 2 Users Say Thank You to samizdat For This Useful Post: Show me >>
Old 28-07-2009, 9:32 PM   #7
mmillie
MoneySaving Convert
 
Join Date: Jun 2005
Post Count: 54
Thanked 22 Times in 17 Posts
Default

Does anyone even buy single pints any more. Isn't the other money saving point that it's better to buy a 2 or 4 pint bottle?

Martin
mmillie is offline   Reply With Quote Report Post
Old 28-07-2009, 11:54 PM   #8
thisisace
MoneySaving Convert
 
Join Date: Jun 2006
Location: Peterborough
Post Count: 41
Thanked 26 Times in 9 Posts
Smile

Quote:
Originally Posted by mmillie View Post
Does anyone even buy single pints any more. Isn't the other money saving point that it's better to buy a 2 or 4 pint bottle?

Martin
Living on my own, I find that it's better to buy lots of single pints, as a given bottle is less likely to go off before I've used it up.
thisisace is offline   Reply With Quote Report Post
The Following User Says Thank You to thisisace For This Useful Post: Show me >>
Old 29-07-2009, 10:15 PM   #9
Bargainetta
MoneySaving Convert
 
Join Date: Aug 2006
Post Count: 52
Thanked 17 Times in 9 Posts
Wink

Quote:
Originally Posted by thisisace View Post
Living on my own, I find that it's better to buy lots of single pints, as a given bottle is less likely to go off before I've used it up.
I live on my own too but I regularly buy 4 pints of standard skimmed which is around £1.60 therefore roughly 40p a pint.
Bargainetta is offline   Reply With Quote Report Post
Old 01-08-2009, 1:22 AM   #10
Mobeer
MoneySaving Stalwart
 
Join Date: Dec 2006
Location: London
Post Count: 669
Thanked 2,637 Times in 309 Posts
Default

If it was a wealth test, then to show their wealthiness, they should get the question wrong.

There is little point knowing the price of milk if it makes up such a small proportion of your wealth that you do not have noticeably less wealth after buying some milk. If you can spend your time more profitably working than comparing milk prices between shops then more wealth is to be had by working than by shopping around.

To be fussy, when the milk is just bought, you are just as wealthy as you were before the milk was bought, since although you have less money, you have more milk. You are only less wealthy when the milk is no longer available (through use or waste)
Mobeer is offline   Reply With Quote Report Post
Old 02-08-2009, 10:53 AM   #11
Flickering Ember
Fantastically Fervent MoneySaving Super Fan
 
Join Date: Feb 2008
Post Count: 8,499
Thanked 104,452 Times in 5,752 Posts
Default

I don't watch Big Brother but I agree with your point Martin. And in answer to the question, I buy soya milk, currently at 63p a litre from the shelf, or a fresher version for 80p from the chiller cabinet; both Tesco own brand.



2009Wins/Freebies/Rewards:£6200approx sofar.Best:GlastonburyTix,WishList,Netbook.Stolen:Wii&GameNovember:Netbook,£70Kelloggs,Bold,Pantene,Epilator
Flickering Ember is offline   Reply With Quote Report Post
Old 12-08-2009, 6:25 PM   #12
MothballsWallet
Fantastically Fervent MoneySaving Super Fan
 
Join Date: Jun 2007
Location: Cruisin' the New Silk Road...
Post Count: 3,277
Thanked 2,109 Times in 1,381 Posts
Default

A few points to Martin:
  • I don't watch Big Brother either, it's not my thing (that's why I have my MacGyver DVDs )
  • I had difficulty answering the question, but that's because I always buy my milk in 4 pint contains for 98p, which means 24.5p/pint.
  • I've always felt that everything on Big Brother is done for ratings, so if they mess up a premise on a challenge, who cares as long as it increases their viewing figures?
  • I bet the Big Brother producers aren't too sure about the answers either



MothballsWallet - MSE's resident Rusophile
Slava Rossiya! Remember Chkalov!
Neither a member nor supporter of the BNP
MothballsWallet is offline   Reply With Quote Report Post
Old 27-08-2009, 8:59 PM   #13
plsplshelpme
MoneySaving Newbie
 
Join Date: Jan 2009
Location: york
Post Count: 8
Thanked 32 Times in 6 Posts
Default

bought one last week for toddler grand daughter cost 34p
plsplshelpme is offline   Reply With Quote Report Post
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

 Forum Jump  


All times are GMT. The time now is 10:52 PM.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
 Forum Jump  

Martin's Money Tips

Forum Etiquette
Pls be nice to all MoneySavers. There's no such thing as a stupid question, and even if you disagree courtesy helps.
Take care over copyright. Use excerpts and links rather than copying long text. This site asserts copyright on all comments posted on the board.
   
This website is based on journalistic research. It does not constitute financial advice. Any information should be considered in regard to specific circumstances. All tips are followed at your own risk and should be followed up with your own research . See Full Terms & Conditions and Privacy Policy. ® Martin Lewis and MoneySavingExpert.com. 'Martin Lewis' and 'Money Saving Expert' are registered trademarks belonging to Martin Lewis.