Search Results for: three-alternatives-to-a-budget/budget-lesson-part-3/slow-carb-diet-how-to-avoid-going-bat-crazy/budget-lesson-part-2/brown-bagging-your-way-to-savings/budget-lesson-part-5/travel-expenses-why-i-splurge/what-happens-when-you-save/living-the-xbox-life-on-an-atari-income

30 Day Project Summary – January

This month, I had two 30 Day Projects: Get up at 5am and read to my kids before bed every night.

Getting up at 5 wasn’t as hard as I had feared. I’ve never been a morning person, but this was nice.  I got a chance to wake up slowly, catch up on the world, make breakfast and get to work without feeling rushed.  Those are all good things.   I missed twice.  The first time, I rolled over to get out of bed and didn’t make it.  Somehow, I got stuck halfway through rolling over.    The second time, I was up until after 2AM talking with my wife.  I won’t give up that kind of quality time.  When the alarm went off at 5, I gave myself two more hours.

The really interesting part, at least to me, is that I didn’t go to bed earlier most nights.   This actually added an extra 90 minutes to my day. I’m going to keep this habit up.  I may not be as firm about it every day, but it’s going to be my regular habit.  No more snooze alarm, no more wasting half of my day in bed.

Reading to the kids was harder.  Wrestling season started this month, which means we spend a lot more time chasing around to get our 10 year old where he needs to be.  After the first week, the bedtime requirement went out the window.  I decided to read to the girls whenever there was time, which made it work better.  We chose practicality over strictly adhering to the letter of the goal.  Over the course of the month, I missed 5 nights which isn’t too bad.

“Get a book” has turned into one of my girls’ favorite things to hear.  They both run giggling for the bookshelf.  It’s quiet time.  It’s quality time.  It’s teaching them to enjoy one of my favorite activities.    Never turn down an opportunity to read to a child. It may be the only time they sit still all day and the experience will stick with both of your forever.   The little things matter. A girl’s head on each shoulder and a book in front of us is something is something I will treasure forever and something that I am going to work to continue.   I only have a few more years before they are reading on their own and won’t need Daddy for this anymore.

Saturday Roundup

Jack-o-latern
Image via Wikipedia

Don’t miss a thing! Please take a moment to subscribe to Live Real, Now by email.

Day 18  of the 30 Day Compact.  We’re doing well, but not perfect.  My cousin is getting married next week, and I’m not going to buy used for that.  That makes it 1 purchase so far this month, not counting food or consumable hygiene items.   That’s not too bad!

The Best Posts of the Week:

Yahoo put 1000 computers to work for 23 days and found that the 2 quadrillionth digit of pi is 0.  Just for the geek of it.

If you are habitually late, you are rude and selfish.  Don’t leave other people waiting for you.

Just letting my inner survivalist out for a minute:  Always watch what’s going on around you and don’t put yourself in a situation that makes you an easy victim.   I strongly recommend a “Refuse to Be a Victim” class for everyone, especially–to let out my inner chauvanist–women.

For Halloween this year, I think I’m going to go as sexy Big Bird.

And finally, how much of your weekly 168 hours are you wasting?

Finally, a list of the carnivals I’ve participated in:

Nada.   I forgot to submit any posts to any carnivals last week.  I’m a sad clown.

Becoming a Landlord

For those of you just tuning in, my mother-in-law died in April.

Since then, we’ve spent nearly every available moment at our inherited house, digging out and cleaning up.

My mother-in-law was a compulsive hoarder.   I’m not going to get into the details of her compulsion, but we have–so far–filled a 30 yard dumpster.  For perspective, that’s big enough to fit our Ford F150.

Now that the house is approaching the point where we can begin updating and remodeling, I’ve been looking into the requirements to rent it out.

In my city, I need to get a business license that costs $95 per year.   This comes with a requirement to allow the city to inspect the property every two years.

Before they will issue the license, I have to take an 8 hour Minnesota Crime Free Multi-Housing Program class that covers tenant screening, lease addendum, evictions, and “etcetera”, followed by a physical audit of the property to ensure minimum security standards.

The lease addendum basically reads “If you are loud, obnoxious, threatening, criminal, intimidating, or doing/dealing drugs, you will be evicted.”

The actual costs to become a landlord are going to be:

  • Something under $100 for my wife and I to take the landlord class.  The price varies from free to $40, depending on the hosting city.
  • $95 per year for the privilege of using our private property to conduct a private transaction with a private individual.
  • The remodel.  I don’t know what this is going to cost, yet.   There’s an unfinished bathroom in the unfinished basement.  I’d like to finish both of those, though the basement will never hold a 3rd bedroom, due to code.  The entire house need to be painted and have the trim replaced.  The dining room and hallway have hardwood floors, hiding under linoleum that was never properly put down.   We may need new windows.

If possible, I’d like to keep the project under $20,000.   Since we’re not adding a 3rd bedroom, or tearing out the kitchen cabinets, it should be possible.

In the meantime, expect to see a bunch of remodeling and renting related posts coming up.

Enhanced by Zemanta

Saturday Roundup

First, the shameless self-promotion:

If you want to see the glorious wisdom that is my Twitter feed, follow me on Twitter. I’m @LiveRealNow.

Please take a moment to subscribe to Live Real, Now by email.  You get a choice between having all of the posts delivered to your inbox, or just occasional updates and deals.   Both options get my Budget Lessons, free of charge, including exclusive access to articles that are not published anywhere else.  Woo!

If you prefer to get all of you information and interaction on Facebook, become a fan!

And of course, there is always the wonderful RSS subscription.

Next, for the part you’re here for…

The Cute War.

Budgeting In the Fun Stuff guest-posted here a few days ago.  The post was about her dog.  Nicole asserted that her kittens were cuter than BFS’s pug.    There is some personal risk involved for me, but my pets are cuter.  The proof:

Revoked Man Card
Revoked Man Card

The Best Posts of the Week:

Frugal Dad discusses What to Do When Your Beneficiaries are Minors.  We settled this by not making our minor children the beneficiaries.   If we both leap off the mortal coil at once, my Dad gets the money.   I trust him to take care of my kids with it.   No, Dad, you can not work on my brakes.

Marko found a fascinating photo series of WWII war photos overlaying modern pictures of the same location. It’s kind of creepy in places.

My favorite dinosaur has a child has been reclassified as a child itself, not an actual dinosaur.  That makes youthful me very sad.

Finally, a list of the carnivals I’ve participated in:

Both the Carnival of Personal Finance and the Yakezie Carnival included Selling Your Home: For Sale by Owner.

The Festival of Frugality has It’s Better to Buy a House than Rent.

If I missed a carnival, please let me know.