myCost? 1.00


Category: Finance
Price: $0.99 (iTunes)

Description:

The price of that new plasma TV is $2,600, but how much is that TV really costing you?

While other apps may tell you how much you have paid, or how much interest you will be paying to finance your purchase, myCost™ is a tool that brings insight to all your purchases. It will help you:

Make wiser purchases
Learn the value of a dollar
Make better choices
Become actively involved in your day-to-day personal finances
Set financial goals
Gain financial responsibility
Think before you spend

As opposed to the price, myCost™ calculates the personal cost of any purchase, which is the either the length of time it takes you to earn the money needed to buy the item, or some a custom factor that you define, like the number of cheese burgers you could buy for the associated cost.

myCost™ converts dollars to time by calculating how long it takes you to bring home a dollar and how long you have to work to purchase the item. My Factor Is a valuable, convenient, easy-to-use learning tool that instantly makes your spending practical, real and fun.

Example:
Cost of TV = $2,600
Your Hourly Wage = $16/hour (My Factor will calculate for you, even if you are on salary or commission)
Number of Hours You Must Work to Pay for the TV: 162.5 hours!!!

Competing applications simply tell you what you’ve spent in dollars. At that point, it is too late. My Factor is a patented application and the first and only application that tells you, in simple terms, how much time it takes out of your life to acquire any item. You can always earn more dollars, but you can never recover your time.

Is time not your “thing?” No problem! Choose from any commodity you wish, such as a gallon of gasoline. myCost™ will be glad to calculate how many gallons of gas you’re sacrificing to make a purchase.
myCost?



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