Happy Friday everyone! I often like to read the news online and sometimes I just find articles that I have to believe are too stupid to be true. This week was one of those times when I read an article on Yahoo Finance about the Savoir Bed company in London. They are in the process of developing a bed that will cost $175,000! This, of course, was just a bit asinine and had to make sure this company was for real. After a quick Google search I did find that they are, in fact, very real and pride themselves on making high quality bedding. I’ll forget for the moment that this bed cost more than our house did and the craziness of making a bed that costs that much. The sad thing is that I am sure that there are people who’re out there that will buy this bed, I just wonder which of their vacation homes said bed will be put in.
If you choose not to read the article I’ll provide some of the highlights, if you can call them that. The bed is said to take over 700 hours to make. Being as that I am not in the mattress industry I do not know if that is a lot or a little in terms of making a mattress, though I would venture to guess it’s an outlier. What is this bed made of? I am glad you asked! It’s made of “masses and masses” of Latin American horse tail, “mountains” of Mongolian cashmere and specially woven silk that could span nearly 1,600 miles in distance. Now, I don’t know about you, but nothing says luxury like Latin American horse tail! If durability is a concern, then fear not as it is supposedly guaranteed to last at least 25 years to which they say works out to a mere $19 and change per night. Now if you think $175,000 is right inside your budget then you better not forget the topper, which needs to be replaced every 5-7 years at a cost of $5,000 – $10,000. Figuring it would have to be replaced 4-5 times over the life of the mattress (not including inflation) you’d be looking at a total of at least another $20,000 to $50,000 for toppers. Finally, you can also have the bed specially embroidered to have virtually anything placed on it from a family crest to a favorite symbol. The spokesman for the company was spinning the importance of a good night’s sleep and even had the gumption to suggest that this bed was an investment. My question to him is…for $175,000 will the bed do my sleeping for me? If I am whetting your appetite to indulge in this ultra high end bed you better be ready to face some competition as they’re making a mere 60 mattresses to sell to the public. Seeing as Mrs. Frugal Rules and I have to buy a new mattress this summer I can only hope that there’ll be one still available for us.
Enough of my rantings, and on to more important things. It’s been another great week in the blogosphere. I’ve been fairly busy with business stuff this week so have not been able to read as many blog posts this week but was still able to read some great ones. If you have the time this weekend I encourage you to check out some of my favorite blog posts from the week. Also, don’t forget that today is the last day to enter this $100 Cash Giveaway to celebrate Frugal Rules’ six month blogiversary. The drawing ends at midnight tonight.
Blog Post of the Week
Net Worth of $160,000,000 and Working in Food Service on 1500 Days to Freedom
Mr. 1500 shares a story he read in the news of the Pritzker family (the family who owns the Hyatt chain of hotels) in Chicago and one of their daughters who worked in fast food while in high school. They interviewed her boss and he had no idea that the child was worth $160 Million. Mr. 1500 breaks down the huge role we have (if you’re a parent) in teaching children about finances and treating money with wisdom. As a parent this really struck a chord with me that one of the most loving things you can do for your child is to raise them to manage their money effectively as well as the value of hard work.
Other Blog Posts That Ruled
Back to Basics on The Frugal Farmer
I Hate Wal-Mart: My High Cost to Get Low Prices on Club Thrifty
The Neglected “Secret” to Becoming Rich on Johnny Moneyseed
Personal Responsibility and Debt Relief Are Not Dirty Words on Enemy Of Debt
Winning is More Valuable Than Losing on Luke 1428
Odd Search Terms
Are student loans for art degree worth it…Sure, if you’re the next Monet!
Gardening for money…Now that sounds like a good crop…money!
I have not paid my credit card bill in months…I’m sorry
Is $20,000 credit card debt bad…Uh…YES!
Tax filing hell…Yes, filing your taxes can be hell, but it does not have to be.
200 frugal ways to save money…Now you’re just showing off!
How to not spend money for a year…By giving it all to me!
When I scratch my head I think…what are you doing the rest of the time?
If you had $175,000 to spend what would you spend it on? What would you have embroidered into a bed if you could?
Photo courtesy of: Mydecorative
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