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The Lowdown on App Bundles

The Lowdown on App Bundles
    Respect your money -- inspect app bundles before buying

    In a time of economic downturn, people are not only looking for ways to save their hard-earned dollars but how to best spend them as well. Not to mention keep their levels of productivity high enough to withstand the pitfalls of a recession so that it’s easier to climb out of it – or stay afloat during it. Along with daily deal sites like Groupon, “app bundles” are becoming increasingly popular for both users and third party developers alike.

    App bundles generally consist of a number of apps that can be bought as a packaged deal. They are usually theme-based, where the purchaser gets software that can be used to enhance a specific area of their computing life. Freelance bundles, productivity bundles and even web app bundles are commonplace on the Internet these days. But just like daily deal sites, this category is becoming very saturated – very quickly.

    App Bundle Fatigue

    One of the biggest problem with over-saturation of anything is how fatigue can set in, which hurts the category on multiple levels. First, the app developers view a bundled approach as a less than ideal business move and users begin to have so many options to choose from that they either overspend or avoid spending altogether. While the savings on the bundles is often the greatest draw, it’s also the apps that are part of the bundle that appeal to customers, which is also part of the problem. We’re starting to see the same apps appear in different bundles, and if a user has already bought a bundle containing the one or two apps they really wanted, they’re not likely to buy a bundle containing those apps again – even if there are other apps in there that they’d like. The value of the bundle is diminished by this, and if you’re not saving as much money then you’re less likely to pony up the cash for an app bundle.

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    Those who are selling app bundles are starting to combat this fatigue by offering unique ways of promoting their bundles. MacHeist was one of the first to do this, essentially creating a quest to get the apps at an increased savings. This unique approach has served them well as pioneers in the category, but it takes a lot of work to put these “heists” together and the time between bundle offerings is greater as a result.

    StackSocial has taken a different approach. As one of the newer players in the game, they’re developing a community around their bundles, offering reviews of apps they’ve offered on their blog and partnering up with well-known and trusted sites like Cult of Mac in order to gain traction in the space.

    “We had a number of Apple bloggers and publishers telling us they were struggling to find ways to maximize revenues yet keep their site’s user experience high,” explains Josh Payne, co-founder of StackSocial. “We believe we’ve solved that challenge by building a unique, social shopping experience that is purely focused on the needs of Mac enthusiasts which enables sites, such as Cult of Mac, the ability to offer a very select group of products and services that their audience is already interested in and appreciates.”

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    Other bundle offerings, which seemingly apply most often to those using Apple devices, are plentiful and that makes it hard for users to hone in on which bundles to buy.

    How to Shop for App Bundles

    The savings offered on these bundles are compelling – and tempting – but before you open up your wallet and spend your money on any of them, make sure you’re well-informed and prepared. Here are some suggestions on how to avoid buyer’s remorse when buying app bundles:

    Look at what you need, not what you want. Apps like Keyboard Maestro and TextExpander can be huge time-savers, but if you’re not willing and able to put in the time to make them work for you then they shouldn’t be a primary factor in your purchasing decision. Not everyone will need to speed up their workflow to the levels that those apps can allow, but an app like 1Password is something that all users could use because of its overall utility. You already have a text editor on your computer, so do you really need another like WriteRoom? Maybe you do, but make sure you look at your “needs” versus your “wants” and you’ll find that the app bundles don’t become app blunders.

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    Explore smaller bundles. Some app bundles aren’t really bundles at all – htey’re merely apps on sale. Isolate your needs and then look for apps that meet them. If one or two of them happen to be in a bundle on their own, buying that smaller bundle would be wiser than buying a larger bundle that include apps among those that you’ll never even open. Less is more, and having less on your machine so that you can find things easier, learn new apps that you’ll actually use without having clutter in your way and being more productive as a result is always better than saving more money.

    Find out what your mentors are using and stick with those apps. If you’re aspiring to achieve levels of productivity and workflow that those you admire and mentor you, find out what apps they use and where they looked to find them. For example. I’m a big fan of Patrick Rhone’s work and “what he believes in”, so I’m always on the lookout for apps that he has in his arsenal. If I find one of them in a bundle or at a savings, I grab it (after reviewing my first suggestion above, of course). It’s almost as if I’ve let him put the app through its paces before I give it a shot, because he’s usually written about his use cases on his website or his podcast. Take a good look at what those people are using and it’ll help you save time and money when hunting down app bundles for your own usage.

    A Final Word on App Bundles

    Shopping for apps is essentially the same as shopping for anything else: you go where the best options for your particular set of circumstances is. When you buy groceries, you have a set of criteria in place such as price, quality, location of the store and customer service, among others. When you buy clothing, a similar set of standards that you have set applies as well. You should adopt a set of standards when you go shopping for apps, even if it is new to you. Do it from the onset and you’ll be setting yourself for a pleasant shopping experience time and time again.

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    Pick the right apps, the right vendor and the right timing and you’ll find that every minute you spend shopping is both a penny saved and a penny earned.

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    Mike Vardy

    A productivity specialist who shows you how to define your day, funnel your focus, and make every moment matter.

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    Last Updated on April 3, 2019

    How to Nix Your Credit Card Debt in Less Than 3 Years

    How to Nix Your Credit Card Debt in Less Than 3 Years

    Debt is never a fun thing to be in. But, there are many actions that you can take that will help you rid yourself of the burden of debt once and for all.

    By coming up with a set plan, eliminating your debt can feel much easier than constantly thinking about it.

    This post will provide some tips on how you can do this to help you nix your credit card debt in less than 3 years.

    Hint: there are ways that are easier than you think.

    1. Consider Consolidating Multiple Credit Cards If Possible

    This may not be applicable to you, but if you have multiple cards – it is something to consider. Keeping up with multiple bills is time consuming.

    It will depend on the balance you have on each. Consolidate ones you can but do not do it to the point that you get too close to the maximum limit. Also, it is ideal to pick the card with the lower interest rate.

    Consider if there are any fees or alternatively, rewards, with transferring a balance to another card. Watch out for fees. Note that some cards offer rewards for transferring a balance to them. This is extra cash that can help go towards paying off your debt.

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    Having one or two cards can make nixing your debt much simpler than keeping up with the balance of a bunch of cards. Keeping track of paying the minimum towards a bunch of cards is time consuming. Spend the time to consolidate instead to make the overall process simpler going forward.

    My tip: Have one main credit card. Have a second one that you use for necessities – such as groceries or gas – that offers rewards for those purchases (a lot of cards do) and set the second one on auto-pay. You should be able to pay off a smaller amount on auto-pay if it is a necessity. If you think you cannot, then you may need to cut down a lot on expenses.

    Why do I suggest doing this? Having one thing set to auto-pay is one less thing to think about. One less thing to waste time on. Same idea with consolidating to one main card. Tracking down too many is a hassle.

    2. Try to Pay the Full Balance You Spent Each Month at the Very Least

    You need to pay off the amount you are spending each month when that bill comes in. This is the amount you spent THAT month.

    Do not let the debt keep accruing while you work on paying any unpaid debt that has accrued. It will become a never-ending battle. Try as best as you can to be current on paying for each month’s expenses when that month’s bill comes out.

    If this is a strain, consider why. You may need to cut expenses. Or you may need to consider other cards. Or look at where this money is going.

    3. Pay Extra When You Can – Every Small Amount Counts

    This cannot be emphasized enough. If you are looking at a lot of credit card debt, it can look daunting, but each extra amount that you can put towards the debt will really add up – no matter how small it is.

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    It does not just reduce the principal amount that you have left to pay off, but it reduces the amount that is collecting interest. You will always save money with that reduced interest.

    4. Create a Plan on How to Pay Extra

    Back to the main point, having this plan is giving you one less thing to think about.

    This plan should be a plan that works for you. If it does not work for you, your spending habits, and your views on debt, then it will not be an effective plan.

    For instance, if a set plan of an extra $50 (or another amount that you know you can afford) works for you, then do that. Set that aside every month and pay that extra amount. Treat it like a bill. Choose an amount that works for you and pay it like clockwork as though it was a bill you had to pay each month.

    Little amounts will not nix it entirely, but they will help tackle it and having a set plan can make it less of a chore. Creating a new plan of how much to put towards it each month is an unnecessary added stress.

    5. Cut out Costs for Services You Do Not Use

    If you are signed up for subscriptions that you do not use because of some free trial or for some other reason, cut it out. Your overall financial position will look better.

    In turn, that will make cutting your credit card debt easier. Look at your statements to find these expenses. If you do not use them, you may forget you are paying some unnecessary amount each month. Cutting it out can really add up in savings that you can put towards other needed expenses.

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    6. Get Aggressive About It

    Consider these points:

    Depending on the interest and the level of debt, you may need to give up a few indulgences. For example, instead of ordering delivery or going out to eat, cook at home. Everything adds up.

    Other things may be more of a sacrifice. It may be a trip you wanted to go on, or a daily latte habit you’ve picked up. In these instances, consider how important it is to you and if it’s worth the sacrifice. And if it is a costly expense, think whether you can wait to indulge.

    Cutting an extravagant expense can really help make a dent in your overall debt. Try not to add to debt when you are trying to pay it off. It will be a never-ending battle. Make it less of a battle with these tips and it will feel easier.

    Bottom line: Do what you can to make this process easier for you. Implement steps that do this. It takes time now, but will help overall. Also, keep track of your spending and paying down of your debts. Which is the next point.

    7. Reevaluate Your Progress at Set Intervals

    Doing a regular check-in can help you see your efforts pay off or maybe indicate that you need to give this a bit more effort. If you check every 3-6 months, it will not feel so much like a chore or feel so daunting.

    By doing this, you will be able to better understand your progress and perhaps readjust your plan. Bonus: if you see it pay off, it will feel great to do this check-in. You will get there.

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    Finally (and most importantly)…

    8. Keep Trying

    Do not get discouraged. Pushing it off will make it worse. Just keep trying.

    Once your debt becomes lower, each monthly payment will reduce the balance more. Why? You are paying less towards interest. It will be a snowball effect eventually and it will become much easier to manage. Just get to that point. And know once you do, it will feel easier and motivating.

    Start Knocking out Your Debt Today

    The best way to eliminate debt is to get started right away. Begin by implementing the above steps and watch your debt just melt away. Try out some of the above strategies and see what works best for you. Soon you’ll be on your way to a debt free life.

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    Featured photo credit: Pexels via pexels.com

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