The Simple Dollar Morning Roundup: Wii Edition

My wife and I agreed that we would invest a certain portion of earnings from this site, while having another small portion of it for frivolous expenses. So, for several months we’ve been saving up that frivolous amount and over the weekend we purchased a Nintendo Wii. We had some guests for the weekend and we were up quite late on Saturday night, drinking sangria and playing hours of Wii Tennis (one of the free games on the Wii Sports disc in the box). For me, it was an example of budgeting for a frivolous purchase – a very fun one at that.

Subprime Mortgage Troubles: Predatory lending or Just Stupid Lending? Many people choose to attack predatory lenders, but the truth often is that the people who are loaned money are incapable of properly managing their own money. The article here is a great example of that – when you refinance and use that money for a koi pond and to partially finance a Lincoln Navigator, you might not be making the wisest choices. (@ my money blog)

Extreme Personal Finance: Living On $12,000 A Year Extreme frugality as a form of political protest? (@ get rich slowly)

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  1. oz says:

    At last! You have been talking about getting a Wii long time now and I am glad you got it at least. Have fun with it and it is a great choice for family and especially at ~$200.

  2. Flexo says:

    The Wii is much better than I originally expected when I heard about the system. Enjoy… and don’t get addicted… :>

  3. Ryan says:

    Wii rules! I recommend the Rayman Rabbits game (or whatever its called) – lots of fun mini-games. Even if you find yourself not using it that much by yourselves, it is worth it for us just to have when people come over. nothing gets people laughing like wacthing someone try to play wii tennis or do the fitness tests.

  4. Stephen says:

    Yeah the Wii 100x better when played with a group of people. I was sucked in to the hype after playing it a friends house and the WANT to get one overcame the NEED. One of those purchases I feel guilty about for trying to not get sucked into the hype but oh well. I am pretty frugal and I wrote it off as being one purchase for myself since I really do not buy much at all other than what I need.

  5. Tyler K says:

    Congrats on the Wii. Boxing can be a pretty good work out, and I agree with Ryan about Rayman Raving Rabbids.

  6. RT says:

    Congrats on the Wii. It is a lot of fun on your own and more so with a group. Let me tell you though, invest in rechargeables if you haven’t already. A few good games to pick up:
    WiiPlay – For the cost of a regular game, it includes a Wii Remote.
    Wii Big Brain Academy – Very fun and mentally simulating.
    Zelda – If you’re into games with more substance.

    I really enjoy the Forecast and News channels on the Wii. If you get a chance, definitely hook it up on the internet. Every Tuesday Nintendo puts out games for the Virtual Console, they are usually $5-$10 per game. I never realized how much fun it was to play NES Super Mario!

  7. Congrats on the Wii, Trent. I picked up two when they first came out, but ebay’d them for some profit . I wanted to keep one, but the profit was quite worth it. I’m still craving some Wii bowling however…

  8. Imelda says:

    Haha, that’s great to hear. I have a hard time splurging, so it’s good to hear that you did it and don’t feel guilty about it.

    Do you have some way of getting games cheap or free? That’s one thing that puts me off of splurges–the subsequent expenses.

  9. Amber Yount says:

    I want a Wii so bad! My husband wanted a 260 though :P

  10. Tim says:

    The Wii is awesome. I set aside some money from a side job for it and haven’t regretted it yet. Doubt you will either. The initial investment is lower than a PS3 or 360 and is more fun to play with friends.

  11. Ryan says:

    Hey Trent,

    Congrats! After the many times you’ve mentioned you wanted a Wii, I am glad that you ended up getting one…even though it is way off topic, I am hoping you will write a review for the Wii, as I live overseas and I still haven’t seen one yet in person!

  12. Trent says:

    A big reason why I got one is for the Virtual Console games, which are basically Nintendo, Super Nintendo, Sega Genesis, Turbografx 16, and Nintendo 64 games you can buy and download to your Wii for $5-$10 a pop. I cut my teeth on these games and I’m so looking forward to playing through many of them again. We’ve already got Super Mario Bros., Super Mario Bros. 2, Super Mario World, Sonic the Hedgehog, and Bonk’s Adventure – my wife and I have played these more than Wii Sports, actually.

  13. Laszlo says:

    Don’t forget GameCube games! Just find a list of the 20 best games for GC, and, along with Virtual Console releases, you’ll have plenty of low-priced, quality titles to work through until the Wii games come down in price.

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