I’ve talked about eBooks and paper books a lot on here. Many of you might know that I’m a traditional book guy—and I won’t badger you for liking eBooks, but they simply aren’t for me at this point in my life.
With that, I thought this article from Mint does a great job of diving into the economics of e-readers versus paper books.
We all know about cost. E-readers these days can be pretty cheap, as low as $50, but you’ll pay more for e-reading on the front end. However, you’ll save money with each book purchase—typically $8 or so for an eBook versus $15-20 for a paperback or hardback.
Eventually, you might have to replace that e-reader and you’ll take a larger ding, but you’ll more than make up for it if you read a lot of books because of all the savings from each book purchase.
But here’s a…
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