What would your future-you have to say to you?
The no-pants guide to spending, saving, and thriving in the real world.
What would your future-you have to say to you?
As some of you have noticed, the link to subscribe by email has changed. While you do still have the option to subscribe to the rss feed through Feedburner, I’m no longer providing the link or recommending it. What I have in its place is an actual email list.
Yes, you can now subscribe to Live Real, Now by email, without having to go through Feedburner. That means you can get all of the updates in your email, for free! This is magic. This magic gives me another option to offer contests and free stuff.
There are two lists to choose from.
Your email will never be shared, with anyone, for any reason whatsoever. Ever. I hate spammers with a passion fueled by the fiery pits of hell to which spammers should be cast. I won’t be that guy.
Please, take this chance to subscribe to the magic.
Everyone needs an emergency fund. More than that, you will eventually need retirement savings, a new car, a big-screen TV, or maybe just a new kidney. Whatever the reason, one day, have a comfortable savings account will make your life easier.
But, Jason, you say, it’s hard to save money! How can I start saving when I can’t make ends meet? I’ve got rent, 9 kids, and a DVD addiction that won’t quit. My mortgage is underwater, my Mercedes still has 8 years on the loan, and the Shoe-of-the-Month Club only carries Christian Louboutin’s. What can I do?
Well, I’ll reply, since I am Jason and you asked for me by name, you need to find a way to make it happen. I’d never recommend someone give up their diamond-studded kicks, but something’s gotta give. In the meantime, there are some ways you can save money without feeling the sting of delayed gratification.
1. Save your raise. When you get your next raise, pretend you didn’t. Set up an automatic transfer to stick that new 5% straight into a savings account. Don’t give yourself an opportunity to spend it.
2. Find it, hide it. When your Aunt Gertrude dies and leaves your her extensive collection of California Raisins figurines, sell them and save the money. If you find a $20 bill on the ground, throw it right into your savings account. When your 30th lottery ticket of the week gives you a $10 prize, save it! Don’t waste found money on luxuries. Use it to build your future.
3. Let it lapse. Do you have magazine subscriptions you never read? Or a gym membership you haven’t used since last winter? Panty-of-the-Month? Crack dealer who delivers? Stop paying them! Let those wasted services fall to the wayside and put the money to better use. I don’t mean flipping QVC products on eBay, either. Save the money.
4. Jar of 1s. Roughly once a week, I dig through my pockets and my money clip looking for one dollar bills. Any that I find go in a box to be forgotten. I use that box as walking-around money for our annual vacation, but it could easily get repurposed as a temporary holding tank for money I haven’t gotten to the bank, yet.
5. Round it up. Do you balance your checkbook? If you don’t, start. If you do, start doing it wrong. Round up all of your entries to the nearest dollar. $1.10 gets recorded as $2. $25.75 goes in as $26. If you use your checkbook or debit card 100 times a month, that’s going to be close to $75 saved with absolutely no effort. It even makes recording your spending easier.
There you have it, 5 easy ways to save money that won’t cause you a moment’s pain.
Do you have any tricks to help you save money?
Update: Something wonky’s happening with this post. If you’re seeing it in your reader again, just ignore it.
Twenty years ago, my grandparents were living in Arizona. They went to see Grumpy Old Men in the theater and, during an ice-fishing scene, they overheard the people next to them talking about how impossible it was. You can’t walk on the ice, let alone drive there! Naturally, my grandparents corrected them.
For the uninitiated, in the land of 10,000 frozen lakes, ice fishing is an actual pastime. The ice on a lake can reach 36 inches, which is more than enough to drive on by 24 inches. Ice-fishing aficionados will drill a hole through that frozen mess, drop a line through the hole and find dinner. Last night, I went ice fishing for the first time in at least 10 years, probably 15. On the lake we were on, they actually plow roads across the ice. It sounds cold, but we were in a 20-foot fish house with a generator, a couch, and a TV. The neatest thing was the underwater radar thingy that turns ice-fishing into a video game.
This month, I am trying to establish the Slow Carb Diet as a habit. At the end of the month, I’ll see what the results were and decide if it’s worth continuing. For those who don’t know, the Slow Carb Diet involves cutting out potatoes, rice, flour, sugar, and dairy in all their forms. My meals consist of 40% proteins, 30% vegetables, and 30% legumes(beans or lentils). There is no calorie counting, just some specific rules, accompanied by a timed supplement regimen and some timed exercises to manipulate my metabolism. The supplements are NOT effedrin-based diet pills, or, in fact, uppers of any kind. There is also a weekly cheat day, to cut the impulse to cheat and to avoid letting my body go into famine mode.
I’m measuring two metrics, my weight and the total inches of my waist , hips, biceps, and thighs. Between the two, I should have an accurate assessment of my progress.
Weight: I have lost 29 pounds since January 2nd! That’s 4 pounds since last week. 13 more to meet my goal for February.
Total Inches: I have lost 15 inches in the same time frame, down 1 since last week.
Thinkgeek has a new high-protein, low-carb snack. Did you know that toasted ants taste like bacon? I’m far more tempted than I should be.
On the off chance that somebody has missed the memo over the years, tax protesting–the art of ignoring your taxes because you don’t like them–will not end well for you.
I’ve been fighting an urge to get a Kindle. Over the last few weeks, the itch has been getting harder to ignore. Money Crashers has a list of resources for free ebooks, making the itch that much worse.
That’s two posts on spending money. Here’s one to balance that with making money. Do you know the best time to post an eBay auction?
This is where I review the posts I wrote a year ago. Did you miss them then?
Have you ever participated in a financial binge & purge? Budgeting and planning can help you avoid the purge, but you’ll have to forgo most of the binges.
Everybody gets caught by life’s ups and downs occasionally. When that happens, how can you fix the damage to your budget and finances?
Finally, I explained my plan for shopping quickly.
Brown Bagging Your Way to Savings was included in the Festival of Frugality.
Debt Burnout was included in the Carnival of Personal Finance.
Thank you! If I missed anyone, please let me know.
There are so many ways you can read and interact with this site.
You can subscribe by RSS and get the posts in your favorite news reader. I prefer Google Reader.
You can subscribe by email and get, not only the posts delivered to your inbox, but occasional giveaways and tidbits not available elsewhere.
You can ‘Like’ LRN on Facebook. Facebook gets more use than Google. It can’t hurt to see what you want where you want.
You can follow LRN on Twitter. This comes with some nearly-instant interaction.
You can send me an email, telling me what you liked, what you didn’t like, or what you’d like to see more(or less) of. I promise to reply to any email that isn’t purely spam.
Have a great week!
This week, my daycare provider has taken off to have surgery. That means I have 10 days off in a row. I haven’t done that since I was laid off at my last job, four years ago. I’m really looking forward to the time with my brats.
Happy New Year! Here’s hoping 2011 beats the pants off of 2010, no matter how 2010 went for you.
Free From Broke has a monster post with the best personal finance articles of the year. If you need something to read….
Lifehacker posted about a service that will grade and critique your resume for free. I’m not looking for a new job, but it looks like a great service.
Have you ever considered the similarities between hookers, doctors, and TSA agents?
Here’s an interesting analysis of the huge stimulus package that was supposed to revive the economy. With all of the red tape and deadlines involved in getting the stimulus money, only projects that were going to happen anyway and already had permits and approval actually happened. Private enterprise held off starting projects, hoping to get stimulus funding, only to find out they couldn’t possibly jump through the hoops in time, which is when they lost investors. Huge fail with nothing accomplished beyond packing a ton of taxpayer money in a fat .gov bong and watching it go up in smoke.
This is where I review the posts I wrote a year ago.
I wrote a post on the dangers of hypocrisy. It’s a good post to re-read whenever I start feeling judgmental.
I also started my budget series. Lesson 1 detailed my discretionary budget category.
Finally, I asked what you’ve done to improve your situation. Every day, you can do something. It may not be a big thing, but even small steps in the right direction will get you where you need to be.
There are so many ways you can read and interact with this site.
You can subscribe by RSS and get the posts in your favorite news reader. I prefer Google Reader.
You can subscribe by email and get, not only the posts delivered to your inbox, but occasional giveaways and tidbits not available elsewhere.
You can ‘Like’ LRN on Facebook. Facebook gets more use than Google. It can’t hurt to see what you want where you want.
You can follow LRN on Twitter. This comes with some nearly-instant interaction.
You can send me an email, telling me what you liked, what you didn’t like, or what you’d like to see more(or less) of. I promise to reply to any email that isn’t purely spam.
That’s all for today. Have a great weekend!
Yes, it’s Saturday. Tomorrow, I’m hosting the Yakezie Carnival, so I bumped this up a day.
This week has been super relaxing. Wrestling season is over. We’re done with activities for a while.
Last month, I was trying to do 100 perfect push-ups in a single set. I recorded each session in a spreadsheet. I hit my goal on the 28th, 3 days early. Since then, I’ve cut down to just one session per day. I’m now doing 35 slow, deep push-ups every morning. It’s not a goal, or a challenge, just part of a general effort to be healthier.
I am on the Slow Carb Diet. At the end of the month, I’ll see what the results were and decide if it’s worth continuing. For those who don’t know, the Slow Carb Diet involves cutting out potatoes, rice, flour, sugar, and dairy in all their forms. My meals consist of 40% proteins, 30% vegetables, and 30% legumes(beans or lentils). There is no calorie counting, just some specific rules, accompanied by a timed supplement regimen and some timed exercises to manipulate my metabolism. The supplements are NOT effedrin-based diet pills, or, in fact, uppers of any kind. There is also a weekly cheat day, to cut the impulse to cheat and to avoid letting my body go into famine mode.
I’m measuring two metrics, my weight and the total inches of my waist , hips, biceps, and thighs. Between the two, I should have an accurate assessment of my progress.
Weight: I have lost 41 pounds since January 2nd. That’s 1 pound since last week and 8 pounds in March, while doing an insane amount of push-ups and packing on a few pounds of muscle. Seriously, for the last couple of weeks, on the days I haven’t totally slacked off, I’ve been doing 500+ push-ups a day. That’s a lot.
Total Inches: I have lost 23 inches in the same time frame, up 1 inch since last week. That makes me sad, but it seems to be muscle growth, so it’s not too bad.
Mint shows how lazy employees are, on average. Surprisingly, only 2.09 hours are wasted in the average 8 hour day. The rule I’d heard before is that employers expect 2-3 good, solid hours of work our of their employees every day.
Money Crasher has some cheap appetizer recipes. I can’t wait to make the biscuit meatballs.
The Mars Rover died. Tragic.
Get Rich Slowly has a post on emergency preparedness. If I mentioned that I keep enough supplies in my car to live for a week, would that make me a survivalist or just a fun guy?
LRN Timewarp
This is where I review the posts I wrote a year ago. Did you miss them then?
First, I examined the value of exchanging your time to save a bit of money.
Then, I talked about the futility of trying to force your spouse into frugality.
Filing Bankruptcy: Pride or Shame? was an Editor’s Pick in the Totally Money Blog Carnival at Debt Free Divas. Thank you!
Budgeting tips – sticking to your budget was included in the Festival of Frugality.
Saving Money: The Warranty Fund was included in the Carnival of Personal Finance.
Thank you! If I missed anyone, please let me know.
There are so many ways you can read and interact with this site.
You can subscribe by RSS and get the posts in your favorite news reader. I prefer Google Reader.
You can subscribe by email and get, not only the posts delivered to your inbox, but occasional giveaways and tidbits not available elsewhere.
You can ‘Like’ LRN on Facebook. Facebook gets more use than Google. It can’t hurt to see what you want where you want.
You can follow LRN on Twitter. This comes with some nearly-instant interaction.
You can send me an email, telling me what you liked, what you didn’t like, or what you’d like to see more(or less) of. I promise to reply to any email that isn’t purely spam.
Have a great week!