$875
of
5000

Industrial Engineering Laundry – Ergonomics For Quicker And Easier Laundry


Lead Engineer- Michael Kirk:

This study has been built with 5 ergonomics books worth of information and compiled into 1000 words, how You can use Laundry Ergonomics. I expect this article to change your life.  Enjoy-

 

There are two sections, theoretical “By The Book”, where you will hear the most optimal situations you can hope to achieve. These are good to know, so you can think about them when doing laundry. There are lots of good ideas in there.

Finally, we will go into real world tips to get closer to optimal, so you can save time and effort right away. 

This study was funded by Elizabeth P. Thank her for donating to study Efficient Laundry!

Engineering Theory- The Most Optimal (by the book)

Ergonomics is a hybrid of human health and engineering. This combines the mathematical and logic rigor of engineering to studies in humans. This data comes out as measurements, estimations, and best practice.

 

Enhancing Attention

One book suggested human attention is limited to ~30 minutes on a routine job. No reason to feel bad about getting bored of household tasks, you are only human.

Room Temperatures above 79 degrees are bad.

Work quickly, being motivated is proven to make you work quicker. Literally, thinking, can make you more Efficient. Rally! Don’t be weak!

Information Processing

Making a decision is fatiguing. Regardless if its trivial, the mind needs to see, understand, think, and convert into an output. It should be noted that after basic skills are obtained, people get better at speed.

Since these tasks require decisions, both in muscle control and mind, proficiency will happen with time. 

Best Practices- For Reach

A 5th percentile female can reach approx 2 feet, and this can be extended an additional 9 inches when standing.

Bending over is not desired. A rolling cart may help elevate baskets off the floor and ease transportation.

Motion is not desired, if you can grab multiple items per bend, you will save time and effort.

Another reminder, Motion is not desired, items that need to be put far away can be tossed aside. Hang up all necessary items, once.

Ergonomic Facts

Pulling motions are best done between 120 and 180 degrees, with best performance at 150 degrees. while pulling >120 degrees. This means its easier to pick items up below you, and put away higher. 

However, any sort of grabbing without bending over or reaching is encouraged.

Use a power grip! Instead of using fingers, use your fist to pick up.

Discomfort will cause inefficiency, even a 5cm/2in too high counter can cause shoulder pain.

Static, holding still, restricts blood flow and requires longer rest periods. Dynamic movement allows blood to circulate during relaxation. 

To reach further, bend your hip(8.2in/20cm) and rotate(1.8in/4.5cm) and extend shoulder(4in/10cm). Those are your 3 ways to extend. 

Conditions

For long tasks, if you can adjust between sitting and standing, this is preferred. Equipment exists to change the height level.

Sitting is better for blood flow.

Try not to hold the same position for more than 15 seconds, that is when lactic acid begins to build up.

Avoid moving/transportation to put something away.

Reduce or Increase Stress

Stress can be good, according to one book, a 10 is very stressful, a 3-5 stress is beneficial. 1 stress was bad. 

The arrangement of your workplace(dimensions, relative locations, etc…), makes a major contribution to how a task is handled. 

What are the accuracy requirements? Do things need to be folded/unwrinkeled? Could you change this to be happier doing laundry? Or make more challenging?

Is there flow? Work-rest cycles may be beneficial and for extended tasks, having start-stop times. 

Environment- Temperature, family/pets, surroundings.  

Reduce Boredom

One book had root causes of boredom, here is a take on how to make tasks less boring.

Short cycle times may be boring. Is there an opportunity for process flow?

A task with few opportunities for body movement gets boring, its okay to stretch/exercise muscles. 

Warm temperatures, could cooler temps get you motivated.

No coworkers. Does this mean we should be doing laundry with family?

People with high abilities and eager to excel find boredom, so next time you do laundry, try to be more Efficient. This is your new challenge, let us know if you find any discoveries. 

Dim work environment causes boredom. Changing color RGB light strips are a solution to boredom, or maybe the book intended to use brighter white light.

Real World Tips – Applied Efficiency

Here are applicable to everyone efficiency tips.

Sort Clothes Faster

Upon research, there are Efficient Comparison Sorting Algorithms. These can be used to sort your laundry faster. A take at Laundry Quicksort

  • Pick 2 items to collect, one for each hand. IE: Mrs Socks, Mrs. Underwear
  • Collect these with minimal digging, and put away
  • Put away large items that prevent seeing new items, don’t think too hard about this.
  • Continue with this routine, picking large quantities as a priority, and removing large items that inhibit seeing.

The goal here, limit motion like digging around and extended searching. Like Quicksort, your visible items are your ‘sorting set’, and items you cannot see are not sorted. All while picking up many items reduces the number of times you bend/turn to get clothes.

Hanging up clothes may be better separated into a different task. This is highly dependent on if you are sorting clothes near your closet and are near hangers. 

This asks the question, if laundry was done at the individual level rather than family level, would it be quicker due to less sorting?

Workspace Tips

Limit Transportation. Do your work within range if possible. Consider Swapping the contents of drawers to make sorting possible without taking steps. 

According to one book, locations of items should have priority- Most important items in front, then items by sequence(multi step items), then items by similarity, then frequency.

Turn Less, consider that turning your body is motion, if doing laundry on the bed causes you to turn significantly, consider sorting in a different location.  

Equipment

Note: this equipment suggestion is best practice, it serves to give you an idea what an Ergonomic Laundry Basket would be. Elevated, with wheels.

If you are interested, these are called Laundry Carts.

Even better, some laundry carts have false/auto adjusting bottoms to elevate laundry to make it easier to reach. Push laundry carts instead of pulling. Although changing muscle groups has economic advantages as well.

 

Next Steps

Get excited about doing laundry, like you never have before. I was shocked at how fast Quicksort had me putting away clothes. 

With 5 ergonomics books under my belt, I expect more household tasks to get optimized, and laundry to be further studied with MODAPTS, which are used to code task time like reaching and grabbing. They use this in Sweat Shop Sewing. 

 

Make More Efficiency

If we can reach 5,000 dollars, we are currently at 800 dollars, I will match and we can finance 2 interns to work 12 hours a week for 28 weeks completing studies that will help everyone.

The goal is to raise 5000 dollars to create more studies on Industrial Engineering Life.

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Or share with your friends!

Website Updates Q1


Hello,

If this is your first email, here is our $6, 2 minute, slow-cooker recipe that feeds 5 people, promised originally. Apparently email automation was not working.

Also, announcing that we will be emailing significantly less going forward. Each email will have multiple full Engineering studies.

2019 So Far

We released a massive store to store comparison, and the biggest conclusion was finding the clear and overwhelming benefit to online over brick and mortar. And Dr. Mandy Kirk, Mrs. Efficiency insists I mention this is the Baby Items Per Dollar article.

In addition donations put Engineering Intern Josh to work. He has been collecting prices, nutrition, and more for-

Store To Store Comparison – Dog Food Per Dollar

We have funds to apply Industrial Engineering to Laundry. Ergonomic Laundry is being researched and looks to be promising.

And Cat owners- Dog owners have their own Efficiency Is Everything Article. Buy Intern hours to study your own pet food article.

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The Future

Next Update Q2: Calories Per Dollar 2019 and Efficient Laundry.

And: We are getting about 1500 views/day. The day has come. Servers are costing multiple hundreds of dollars. Emailing You has now amounted to cost a few hundred dollars a year.

This is a warning ahead of time that if I make a special edition, half political fueled, 100% efficient-

The Food We Ate When I Lost My Job Due To Trump Tariffs Cookbook

It will be to fund the servers.

It will be special edition and limited time because I don’t like the idea of charging money to use Efficiency Is Everything. This would purely be to raise server funds and would definitely have a rant in favor of Free Markets and not Tariffs.

We ate cheap. There is even a section called- On Friday We Had Butter.

Expect the limited release to be out next update.

More Efficiency

If you like Efficiency Is Everything and want to see us grow, support us by sharing with your friends or funding a study with Donations.

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Dog Food Per Dollar – Store vs Store and Protein, Calories, Vitamins, Ingredients


We received a donation of 350$ of intern hours, and per request, we have an interesting discovery that may save you money regardless if you have a dog.

Premise-

Unsure what dog food data was going to be available, we completed 1 store with full data. Upon seeing consistencies between brands, we narrowed our data set.

Our goal shifted to find best brands and best places to purchase. The decision was made to focus on quantity. Over 200 Items were collected from 4 stores.

To maximize usefulness, we will focus on Your Application, however, the data can be found here and through the article.

Store Vs Store Winners

A greater takeaway is that, as Efficiency Is Everything collects more data, we are finding consistent store vs store winners. There are lessons to be learned here.

Walmart – Best Calorie Per Dollar For Corn

Walmart comes out on top again for prices. While you will need to look for quality, Walmart has the best prices. The great question will be getting the quality metrics You want at Walmart.

Our data suggests- No, Walmart does not have the best prices. We demonstrate this by using Categories and Protein Per Dollar.

If you want Corn, Walmart seems to be the best place to buy it.

Here are the Top Calorie Per Dollar Items.

Online Wins Vs Brick and Mortar

Outside of Walmart Corn, we found the Online store Chewy was better than the competition.

This is important because it gives us a second data point showing the benefits of Online shopping.

As a note, In Baby Items Per Dollar, we found Amazon was just behind Walmart. Walmart Online was cheaper than Walmart(store).

Mom And Pop Stores Are Expensive

Bad News- Mom and Pop stores can be expensive. They can cost 10x or more than online alternatives.

What role do these stores serve in a consumers life?

Setting Goals

Is your goal feeding your dog cheap? Is your goal low cost cheap protein? Is your goal most pure protein? Our data lets you decide your qualities.

Ingredients Beef vs Chicken vs Duck vs More

Beef

Buy at Chewy, don’t buy at Walmart. Always above 200g Protein Per Dollar.

Chicken

Buy at Chewy or Costco, not Walmart. Unless you want heavy calories from corn aim for 200-400g Protein Per Dollar

Lamb

Petco and chewy are side by side depending on your needs.

Conclusions – Turkey, Venison Whitefish, and more. Buy the correct item.

The data shows Chewy and Petco crush Walmart with leaner proteins.

Without going into the other meat categories here, it was discovered outside of cheap corn, Walmart was a loser for particular types of meat proteins.

Buy The Correct Item

While this data finds the outliers, its good to know the relative value. Getting 200-400g Protein Per Dollar is relatively a good deal.

Make A Mistake Pay The Price – 10x

While our data found the best values, if you are shopping on your own, make sure you are not overpaying. Failure is the difference of a scale of 10.

Costco vs Everybody

Whenever you can get something cheaper outside Costco’s exclusive membership, it makes me question this membership. 

Costco did not beat Chewy. 

Online wins. 

The Data-

The data attached is very raw. While we put effort into cleaning the data, some vitamin values are unrecoverable. However, I wanted to provide the data we did have, as it still shows interesting conclusions on nutrition in each package.

In the future, when repeated, this study will take lengths to ensure completeness. This is our first attempt at studying Dog Food.

Here is the raw data-

Save Money

See more cost saving studies on Efficiency Is Everything, or find how we eat for 20$/week per person.

Expand your Efficiency

Get more Efficiency to improve your daily life. Subscribe and get three slow cooker recipes designed to be low cost, quick and healthy.

1-6-19 New Major Cost Saving Study This Week, New Donations, Downtime


Lead Engineer- Michael Kirk:

We have a major Store to Store comparison, Amazon vs Target vs Target Online vs Walmart vs Walmart Online (vs Buy Buy Baby). Comparing Brick and Mortar vs Online and Store vs Store. This changed our shopping habits.

(baby) Items Per Dollar – A Store to Store Comparison

We have raised $645 to be spent on Interns. Intern Josh has spent only $135 of this on his Dates Per Dollar study. He is backlogged, which is a good problem. Excited to see how his next upcoming studies will turn out. Thank you to everyone who has donated and everyone who is sharing with their friends.

There will be periodic downtime week of 1-7-19 to 1-14-19 to upgrade the website to run faster.

Retailers Are Exploiting Your Price Ignorance- Target vs Amazon vs Walmart and More with our Store to Store comparison Baby Items Per Dollar


Lead Engineer-Michael Kirk:

Do not get hung up on ‘baby’.

What started as a baby registry optimization evolved into a store to store comparison when we found huge difference in prices. 

This article is a Store vs Store, Brick and Mortar vs Online comparison. There is a lowest cost way to purchase items, and we wanted the data to prove it.

There are not many ‘baby’ specific tips in this article, but here is one baby oddity- Colors, Boy colors, Girl colors, and neutral colors changed the price and availability. 

 

Store vs Store –  The Comparison To Be Quantified

 

The goal was to make an overall shopping decision and pick 2 stores to shop and register at. This is a commitment, having more than 2 stores is overwhelming and difficult. 

 

Each store had to have an item that meet all consumer quality metrics, from Dr. Mandy Kirk. Metrics were reasonable, and often only 1 name brand had the quality. Lowest price, or the equal product were captured for each store.  Quality was considered and noted.

If a store did not have a product that meet the criteria, they were noted False, not having the item.

The Data

The Winners-

The Data is at the end of the article, but its important to know who comes out on top. Online stores are cheaper and have better selection than brick and mortar stores. 

Does this mean shopping at brick and mortar is an expensive luxury?

Further, upon request, we added a blanket 20% off on Buy Buy Baby, this did not change its Rank in any item. Meaning Buy Buy Baby is always at least 20% more expensive than all of its competitors. 

 

Is it safe to say Target and Buy Buy Baby are ‘Never Buy’?

 

Stock

Online had a significantly better selection, especially Amazon.

11 items cold not be found at Walmart in Store. If you included Walmart online, only 1 item could not be found online.

Target had 7 items unable to be found, and 2 unable to be found online.

Amazon and Buy Buy Baby had all items.

Best In Class- The Lowest Cost Items At Each Store

If you were trying to buy one of these items, it would be best to buy from these stores.

Lesson: At Target, there is 1 item in store that was lower cost than anywhere else. This is the exception that proves ‘doing your homework’ and researching gives you the best price. 

Walmart (online), undeniably the best-

Amazon, not a long list, but they still scored 2nd best overall. 

There are no items to buy at Buy Buy Baby.

Conclusions and Next Steps

Now that we narrowed our selection down to Walmart and Amazon, we will pick the best products. Items will be revisited to ensure the items meet quality metrics at the lowest price.

There is more data

There may be use outside consumer applications of this data. New products? Implications of Brick and Mortar’s future?  Is there something telling about the future of consumer retail? Are there other overly expensive stores like Buy Buy Baby out there?

The data is massive.

You will see how retailers like Walmart are pushing the weight on low prices- sometimes.  Walmart in-store seemed to be marked up vs online. 

 

The best experience is with our Excel File. Click Here

 

Otherwise enjoy the picture-

*False means the store did not have a comparable item.

 

If you have made this this far, you might care to see how the different grocers stacked up

Aldi vs Costco vs Sams Club vs Walmart vs Meijer

Expand your Efficiency

Get more Efficiency to improve your daily life. Subscribe and get three slow cooker recipes designed to be low cost, quick and healthy.

 

 

 

 

12-24-18-Efficiency Michael is Newly Unemployed + Your Donations At Work, Intern Josh Presents- Dates Per Dollar


Lead Engineer- Michael Kirk:

We have our first donation sponsored article- Dates Per Dollar + Additional quality metrics. This will be both beneficial to Singles and Couples.

Other News- I am a casualty of Tariffs and a General Motors sacrifice.

Next Article- Baby Shower Registry Per Dollar- Comparing Bye Bye Baby, Amazon, Walmart Online, Walmart, Target Online, Target, and Thrift Stores. I expect this to be telling about Brick and Mortar vs Online, and Store vs Store.

We have received a $350 donation from Greg Kopanski, who changed our January plans with his support! He also has incredible time saving tips that I’m looking forward to sharing soon.

Dates Per Dollar Study + Privacy, Creativity, and Classy

Looking for something ‘to-do’ with your partner? Do you want it to be quiet? Interesting? Low cost?

In addition to the metric Minutes of Date Per Dollar, we included Privacy, Creativity, and Classy quality metrics(Boolean, because if it isn’t math driven, its not engineering).

This is our first 100% donation sponsored article, using the first $135 donated by Efficiency Is Everything Users. As a note, I offered our Intern Josh $180, 12 hours of work, but he completed it in 9. Honest and Efficient. If you want to see more studies, consider supporting Josh and our study of Life Industrial Engineering.

Dates Per Dollar – Lowest Cost, Creative and Classy Dates – Click Here

Lead Engineer Michael Kirk is Unemployed

Don’t Panic.

Fortunately our household has planned ahead by Comparing Future Jobs and putting us on Cost Freeze.

Living in Metro Detroit for 28 years, hearing news about a down economy means 1 thing- Layoffs. As much as I blame Tariffs for being bad capitalism, I also made the decision to stay Contract instead of taking a direct position at GM. Opting to accept a higher paying job, and accepting to be part of GM’s ‘Flexible workforce’.

Next steps- As mentioned, I have prepared and in January, I have accepted an Electrical Engineering job at Nissan. Bonus- it pays better too.

However, this means I am off work, for approximately 1 month. If you have an interest in having me complete freelance work, I consider myself proficient in-

Dates Per Dollar- Dates compared by Price, Privacy, Creativity, and Classiness


Lead Engineer-Michael Kirk

Our Intern Josh has collected data to find the best dates, given various quality metrics and cost.

The Data – Comparing How To Save Money On Dates

This data uses specific pricing, and has gas costs calculated using a common location. While the description on this website is generic(Coffee Date), the detailed description(Atomic Coffee Royal Oak, 2 Cinnamon Dolce Latte) can be found in our raw data – Click Here.

Classy, Creative, and Public were subjectively decided on a scale from 0-10, and based on that given a True/False value. This is considered Boolean, as it has only 2 possible values.

Given how specific this data is, but how varied prices and distances to locations in your own life, the data should be compared on a scale. For instance, 100-400 Minutes Per Dollar are similar. 7-10 Minutes Per Dollar are similar. There is a drastic difference between 5 Minutes Per Dollar and 20 Minutes Per Dollar. This is mentally doing Logarithms with the data.

Note: Clicking the Column names will sort, and if you click in a specific order, IE: Minutes Per Dollar, then Creative, you can see a comparison of qualities without opening the raw data.

Date Cost Minutes Spent Minutes of Date Per Dollar Classy Creative Public
Park $0.30 120 400.0 FALSE TRUE TRUE
Animal Watching $0.30 45 150.0 TRUE TRUE TRUE
Tennis $1.20 120 100.0 FALSE FALSE FALSE
Hike $7.50 180 24.0 TRUE TRUE FALSE
Cooking Date Night $10.00 180 18.0 FALSE TRUE FALSE
Party $18.00 300 16.7 TRUE FALSE TRUE
Mall $10.60 140 13.2 FALSE TRUE TRUE
Beach $16.00 180 11.3 FALSE TRUE TRUE
Fair/Festival $17.00 180 10.6 TRUE TRUE TRUE
Long Distance travel with 2 night hotel $282.50 2880 10.2 TRUE TRUE FALSE
Zoo $36.40 300 8.2 FALSE FALSE TRUE
Store $14.90 120 8.1 FALSE TRUE TRUE
Apple Orchard $16.50 120 7.3 TRUE TRUE TRUE
Drive in $37.00 240 6.5 FALSE FALSE FALSE
Swimming $21.50 120 5.6 FALSE FALSE TRUE
72 Mile Roadtrip $21.75 120 5.5 TRUE TRUE FALSE
Museum $21.80 120 5.5 TRUE TRUE TRUE
DIA $32.80 180 5.5 TRUE TRUE TRUE
Netflix’N’Chill $10.99 60 5.5 FALSE FALSE FALSE
Coffee Date $11.50 60 5.2 TRUE FALSE TRUE
Downtown Free $13.00 60 4.6 TRUE TRUE TRUE
Fair/Festival all day(Drink,booth,etc) $82.00 360 4.4 TRUE TRUE TRUE
Science Center $42.80 180 4.2 TRUE TRUE TRUE
Mini Golf $14.50 60 4.1 FALSE FALSE TRUE
Picnic with drinks $15.30 60 3.9 TRUE TRUE FALSE
Fair/Festival with 2 drinks each $53.00 180 3.4 TRUE TRUE TRUE
Local Concert $55.40 180 3.2 FALSE FALSE TRUE
Wine Tasting $14.60 45 3.1 TRUE TRUE TRUE
Movie at Emagine with 2 Beers $47.50 140 2.9 TRUE FALSE TRUE
Normal movie at Emagine $44.50 130 2.9 FALSE FALSE TRUE
Low Cost Movie $45.00 130 2.9 FALSE FALSE TRUE
Thrift store $21.20 60 2.8 FALSE TRUE TRUE
Downtown Bar $46.00 120 2.6 TRUE TRUE TRUE
Ice cream/ frozen yogurt $12.00 30 2.5 FALSE FALSE TRUE
Ski $169.50 360 2.1 TRUE TRUE TRUE
Bar $28.30 60 2.1 TRUE FALSE TRUE
Bowling $22.20 45 2.0 FALSE FALSE TRUE
Flea Market $31.40 60 1.9 FALSE TRUE TRUE
Gym $50.30 90 1.8 FALSE FALSE TRUE
Aquarium $51.00 80 1.6 TRUE TRUE TRUE
Pro Sporting event with pregame $201.00 300 1.5 TRUE TRUE TRUE
Pro Sporting event $161.00 240 1.5 TRUE TRUE TRUE
International Concert $286.00 360 1.3 TRUE TRUE TRUE
Dinner at Chilis $47.70 60 1.3 FALSE FALSE TRUE
Dinner at Red Lobster $55.20 60 1.1 TRUE FALSE TRUE
International Concert with drinks $338.00 360 1.1 TRUE TRUE TRUE
Fast food $15.30 15 1.0 FALSE FALSE TRUE
Laser tag $32.00 30 0.9 FALSE TRUE TRUE
Cooking Class $171.20 140 0.8 FALSE TRUE TRUE
Dinner at Capital Grille $94.50 60 0.6 TRUE FALSE TRUE
Dinner at Melting Pot $121.14 60 0.5 TRUE TRUE TRUE
Psychic $153.00 70 0.5 FALSE TRUE TRUE

Interpreting Dates Per Dollar

Parks, beaches, trails, and outdoor activities are the lowest cost Dates. The cost comes from gas money, parking, and cost for entry. These are top results because they are low cost and have the potential to provide hours of entertainment.

On a similar note, public locations like the Mall and Local Festivals can also be a good value, as long as your spending doesn’t get out of control. These have the benefit of being potentially multi hour activities despite being more expensive than free locations.

Comparing these low cost options, to getting Ice Cream or Coffee, these have similar costs as a low cost trip to the mall, but last under an hour. This is the benefit of comparing items Minutes Per Dollar rather than cost alone.

More expensive activities include visiting Museums and Art Institutes, but are a better value than visiting a restaurant.

Classy and Creative Dates

Looking at the best values and including non traditional dates(Creative) and non embarrassing dates(Classy) give some fantastic recommendations-

It may be helpful to know your Partner, and how to make these experiences memorable.

Privacy- Good for Romance, Bad for Creepers

Public dates are something that is either desired or can put a dampen on your romance. A first blind date likely will be at a public location, while by the end of the night, you may want to be alone.

Most dates are in public locations where people do business, making low cost first dates plentiful in options.

Finding privacy can be more difficult. Dates that involve traveling give you the option to find uninhabited areas.

Best Dates

It seems the ‘wholesome’ date ideas like Hiking and Visiting Museums are a better value than ones that involve quick indulging like eating/drinking.

These are perceived Creative and Classy, give you plenty of time to spend together, and are affordable on seemingly every budget.

If you are struggling to get a first date, check out low effort ways to improve your appearance.

Too Important Not To Cover: Future Value vs Present Value is a Multi-Million Dollar Decision


Lead Engineer- Michael Kirk:

Some topics are far to critical to Life to remain untouched. Your allocation of resources and assets is a choice that changes your life whether you like it or not.

The goal is to compare various opportunities for Future Value so you can make a decision based on your current life conditions and goals.

Cash on Hand

This is the fancy way of saying ‘United States Dollar’ in the US. This is your combined bank account, wallet, safe, under your bed, etc.. value of USD. This is a special number because the government has the ability to print money, and has historically devalued currency through ‘inflation’.

The US government claims ~2% inflation, others report 4% yearly inflation.

Your goal with excess Cash on Hand is to allocate it outside of USD to beat 2% inflation.

Interest Rates, Risk, Returns

The goal is to beat 2%/year inflation. But you also have other Qualities- Risk and Liquidity(ease of selling)

  • Do you need your investment to pay for something soon? If so, less risky and more liquid.
  • Do you have a loan? Refinancing is a good option
  • Lots of excess income? Gambling vs long term investing.

Safest Asset Locations

A US Treasury Bond returns at 2%/year and would be ‘cost neutral’. Which explains its worldwide popularity. Its safe, it makes money, and it can be liquid.

Hoarding USD is popular, but runs risk of inflation.

Real Estate is popular, but isn’t liquid. Warning, real estate is also work, consider real estate a part time job rather than a passive investment.

Debt is worse than Inflation

Student Loans, Mortgages, Credit Cards. That % interest per year, is your new number to beat. A 4% mortgage means that any investment, should return more than this.

To convert Cash on Hand into a debt payment and make a positive impact on your interest payment, you must refinance. Paying more money each month, makes little to no difference as your loan is the same size. More payments means saving thousands of dollars, rather than refinancing for tens/hundreds of thousands of dollars.

Its best to wait until rates are favorable to refinance.

Unimportant, can skip – A note on Amortization

Loans often have an amortization where the first payments are 75% interest/25% principle, and at 15 years in 50/50, and year 29 its 75% principle/25% interest. Refinancing resets this clock, and you do lose a few thousands dollars. We calculated if this is significant and if there was an optimal time.

Note, this is a ~400,000 dollar mortgage:

If 15 years are spent before refinancing and the amortization never works in our favor, we spend over 50,000 USD on amortization. At worst case its about 6% of your mortgage, totaling likely tens of thousands of dollars.

However, after refinancing, you will have saved likely hundreds of thousands of dollars on your mortgage and interest, about 20% of your mortgage.

Very Important- Refinancing

When refinancing(20%+) you will eliminate tens or hundreds of thousands of dollars in future interest payments.

This is why saving up for a large debt payment is a safe way to ‘earn 4% interest’.

Re: Tax Write offs- There is a myth that spending more money on interest can save money on taxes. Your taxes will be slightly lower, but you will have spent more money on interest. Its wrong to spend, to spend for taxes.

Investing/Gambling

Abundance is a strange thing. People of all types are throwing money in investment apps.

As we try to increase our assets, we can try to beat our debt interest or exceed new highs.

Long term, safe, market investing can expect 7-30% yearly returns, or 30% yearly lows. This needs to beat our 4%/yr mortgage interest. Buying on a bad year can be disappointing and worse performing than USD.

Pick your favorite assets that you believe will perform better than USD. It is a good idea to have at least some diversification.

Maxing out your 401k/IRA is a good start. Diversify. Use your experience/knowledge to make niche investment decisions. Gold/Bitcoin. Diversify. SPY. Unicorn Projects. Your own project. Diversify.

The goal is to keep Cash on Hand low, and assets invested either passively or actively. You have millions of future dollars at stake. (But don’t stress, you do the best you can).

Re Gambling: The word Gambling was a misnomer for the unpredictability of investments. Actual gambling? No way, that’s bad math.

Recap- Your Options

You have Cash on Hand that loses value at 2% a year. Beat this.

Treasury Bonds are safe and liquid return 2% a year.

Debt often costs more then 4% a year, whatever your highest debt interest is your new number to beat. Beat this.

Investing comes in many shades from long term index funds vs gambling. This is the risky way to earn money.

Lead Engineer-Michael Kirk:

Given the current economy, we are choosing to save up to refinance. 4% isn’t bad when everything else is sinking.

This decision comes from many inputs, including political climate, like it or not. Your experiences should make an impact on your decisions.

Wish you the best on your asset allocations,
Michael Kirk

12-6-18 Back with Cost Freeze and Rational Decision Making – Picking Your Next Job With Math


Lead Engineer-Michael Kirk:

Excuse us for last week, rather, excuse Amazon. An AWS email problem caused Efficiency Is Everything to be flagged and blocked. We apologized and lets see how it goes this week.

In the future, expect less articles, but better.

And GM announced getting rid of 15% of their contractors. So…

11-28-18 Rational Decision Making- Choosing Your Next Job With Math

$/hr does not include vacation, health insurance, work culture, and job security. Putting numbers to everything.
Rational Decision Making- Choosing Your Next Job With Math – Click Here

12-5-18 Cost Freeze- Surviving Bad Times

Being close to this GM news, Cost Freeze is in Effect.

This Fortune 500 tool is excellent to put a fast halt on extra spending, find waste, and allocate money to the best sources of value.

Cost Freeze – Click Here

Next Steps

The most useful studies are data heavy. Here is the plan for 2018-

Expect at least 1 major Engineering study by the end of 2018. Mrs. Efficiency wants to share another life changing tip one of these days. Future uncertain… Finance app?

We urge you to give feedback via email, share with your friends, donate, or do your own Life Engineering study. Efficiency Is Everything runs at a loss so we can provide Consumer data to everyone.

Cost Freeze


Lead Engineer- Michael Kirk:

We are on Cost Freeze and my credit cards transactions for this month was nearly empty outside groceries and gas. Cost Freeze works.

How Cost Freeze Works

A tool used at the best and most successful fortune 500 companies to tell everyone- Stop.

Non essential is maintained or removed.

Its quite simple. You need to eat. You need to buy gas. Rent/Mortgage, heat(lowered), subscriptions ended.

Then everyone realizes this problem is not so simple and getting some non essentials will improve the situation.

When you begin Cost Freeze, you stop spending money, you scrutinize every purchase, and you review your reoccurring expenses.

Spend Money to Save

Insulation of your home, LED lights, and more can pay for itself.

Lighting

The Math

Multiple hundred dollars a year in potential savings. Note that expected hours of use are high, but these LEDs are going to last years, this is a quick and dirty estimation. Cost was less than 100 dollars to make the change.

Can you imagine other areas where spending money saves money?

Mind Tricks

Going on ‘Cost Freeze’ is a change in mentality that you decide, declare, and carryout. You will start to save money, and on an extreme basis.

This is cause for innovation, as scarcity in spending money will have you find other uses for time. For instance, instead of getting pie at an expensive restaurant, baking a pie with friends is nearly free. No driving, no parking, no tipping, no drinks- still 100% friendship.

Allocate Resources

After a freeze in spending money, you may find it almost necessary to improve your life. Old shoes, haircut, carbonated drinks, etc…

There is a way to deal with this. Budget. Put a set amount(ie: 50 dollars) towards non essentials, and decide if you would rather fix your shoes or drink diet caffeine free coke.

Hold On

The mild pain of saying ‘No’ to things gives you the benefit of security as you can extend the use of your assets.

While others are in panic about making debt payments, Cost Freeze extends your cash many months.

This may be overkill, but after an economy recovers you will be stronger than before. Good decisions today pay dividends and failure is expensive.