- @Elle_CM Natalie's raid looked like it was filmed with a strobe light. Lame CGI in reply to Elle_CM #
- I want to get a toto portable bidet and a roomba. Combine them and I'll have outsourced some of the least tasteful parts of my day. #
- RT @freefrombroke: RT @moneybeagle: New Blog Post: Money Hacks Carnival #115 http://goo.gl/fb/AqhWf #
- TED.com: The neurons that shaped civilization. http://su.pr/2Qv4Ay #
- Last night, fell in the driveway: twisted ankle and skinned knee. Today, fell down the stairs: bruise makes sitting hurt. Bad morning. #
- RT @FrugalDad: And to moms, please be more selective about the creeps you let around your child. Takes a special guy to be a dad to another' #
- First Rule of Blogging: Don't let real life get in the way. Epic fail 2 Fridays in a row. But the garage sale is going well. #
Repair Plans, Appliances, and Rancid Meat…Oh, My!
- Image via Wikipedia
We recently had our annual barbecue. (For the purists, I am Minnesotan. Barbecue means “cooked over fire”.) Due to massive scheduling conflicts, it was a bit smaller than normal; only about 20 people came. At least 10 other people RSVP-ed that they were going to make it, but didn’t. Grr.
Naturally, we had food for everyone said they would be there and enough for half of the people who didn’t say anything, since Minnesotans don’t RSVP well. That translates to a lot of leftovers. No problem. After all, leftover ribs are hardly a punishment.
Sunday morning, we woke up to find that our refrigerator was happier at room temperature than the standard “cold”. We didn’t know it at the time, but the defrost unit was borked, so the cold air couldn’t circulate from the freezer to the refrigerator. Bye-bye leftovers. Hello, Mr. Repairman. We needed an excuse to clean out the fridge, anyway, but not at the price of my beautifully seared meat! (Sadness strikes.)
Monday evening, the repairman came out, worked for 2 hours and left a functional refrigerator and a $240 invoice in his wake. Thankfully, we are on the appliance repair plan through the gas company. We pay $26.40 per month to cover repairs to our range, water heater, furnace, drier, sewer main, and refrigerator. The first four items are standard, the final two are options that cost extra.
We originally got on the plan for the sewer main. We had a tree whose roots grew into the main and clogged it every year. A backed-up sewer main is a crappy way to wake up. Getting that snaked to the street cost $200 per year. At the time, without the refrigerator, the plan cost about $12 per month. One $200 call-out more than paid for the plan for the year. That was easy math. Now, our 20 year old refrigerator has been repaired twice in the last year, giving us $500 worth of repairs for $316.80. I would like to take this time to thank all of the people with reliable appliances for subsidizing my repairs.
My furnace, drier, and range are all reasonably new and shouldn’t need repairs any time soon, but the refrigerator and sewer main have paid for the plan themselves, several times over.
Should you get a similar plan? If your covered appliances are more than 4-5 years old, I would consider it. If they are more than 10 years old, I wouldn’t hesitate at all. Repairing quality appliances is cheaper than replacing them, especially when the repair cost is paid monthly and subsidized.
Do you use a service plan?
Best of Money Carnival #68
Today, it is my privilege to host the 68th Best of Money Carnival. I’ve hosted a few carnivals over the last 10 months, but winnowing the choices from 60 to 10 is quite possibly the most difficult I’ve had to do. There were lots of excellent posts this week. Next time, I’ll have to make my job easier by soliciting bribes. I am always on the lookout for a new income stream.
Without further ado, here is the best of the best:
10. Mike Piper presents Do You Have an Investment Backup Plan? posted at Oblivious Investor. What would you do if your investment portfolio suddenly tanks?
9. Tim Chen presents Calm Down, the Poor Are Not Paying for the Rewards of the Rich posted at NerdWallet Blog – Credit Card Watch. I always get a little bit irritated when people accuse the “rich” of only being rich at the expense of the poor. After all, the richest 20% of the U.S. includes household incomes of just $90,000. If you think that’s a lot, remember that $25,000 still puts you in the richest 10% wordwide.
8. FMF presents How to Pick a Great Mutual Fund posted at Free Money Finance. What’s more important, cost or performance?
7. Madison DuPaix presents Marriage Tax Penalty Returns in 2011 posted at My Dollar Plan. This is another example of the flaws in the “tax the rich” policies. When we lose the “tax cuts on the rich”, almost everyone will pay more taxes.
6. Silicon Valley Blogger presents How College Students Can Save Money posted at The Digerati Life. If I knew then what I know now….
5. Kristina presents A DINK Sandwich posted at DINKS Finance. Life gets easier when you can find a simple yet reliable set of rules to cover most situations.
4. freefrombroke presents It’s Still A Good Idea To Buy A House In This Economy posted at Free From Broke. I was lucky enough to buy my house shortly before the bubble grew. If we would have waited, I’d still be renting.
3. PT presents Credit Card Default: 7 Things You Should Know posted at PT Money. If you are working your way into debt, it’s good to know the what’s in store for you.
2. Joe Plemon presents Three New Car Purchases to Steer Away From posted at Personal Finance By The Book. I’m a few months away from my last car payment. Ever. These are more reasons to avoid a new car.
And finally, the best of the best of the best, sir:
1. Craig Ford presents Make Money Blogging | A Guide for Beginners on How to Make Money Online posted at Money Help For Christians. As I was compiling this list, I kept getting distracted here. I’d reread a section, follow the links, and find I had lost an hour. Read this post.
If you want to be included in the next Best of Money Carnival, don’t forget to submit your best post and follow the guidelines. Next week, it will be hosted by Green Panda Treehouse.
Thrifty Sucks – The 30 Day Compact
- Image by waving at you via Flickr
During the month of September, we went on a 30-day compact. We decided to avoid buying anything new for 30 days. The plan was, if we needed to buy something, we’d hit a pawn shop, a thrift store, or Craigslist. Obviously, food and consumable hygiene products were exempt from the rules. I’m not going to stink or starve for an experiment like this. Ideally, at the end of the month, our discretionary budget would reflect our extra thriftiness, leaving us a couple of hundred extra dollars at the end of the month.
Great plan.
I found out a few days ago that we actually made it 3 days. Grr. That’s when the credit card bill came. Double-Grr.
All in all, that one slip isn’t a big deal. We also had a few presents we had to buy for a couple of birthdays and one wedding. Also not a big deal, since we have a budget for gifts. It may have been against the rules, but what were we going to do, drink the free beer at the wedding without bringing a gift? How rude.
So we had a few slips. That’s not bad, considering exactly how well “consumer” describes us.
Avoiding retail shopping is a lot harder than it sounds. We have everything we need, so on paper, it should have been simple. We didn’t need anything, so we wouldn’t have to buy anything.
Like I said, great plan.
There were a few books released this month that I have been anxiously awaiting, like Monster Hunter:Vendetta and Chris Guillebeaus’s book, The Art of Non-Conformity. They have both had to wait. In the next few days, I will be buying both of these books. That makes this project very similar to an inverse “Cash for Clunkers” program. Instead of moving spending that would have happened anyway to an arbitrary time-frame, I moved spending out of an arbitrary time-frame, but the spending is still happening.
My wife has an admitted shopping addiction. This project caused a rather…explosive…discussion this week. Not-so-coincidentally, that happened the day we got the credit card bill. Note to self: “What the heck is this?” is not the right way to start a conversation. Oops.
We had 30 days of trying to avoid the retail trap, and kicking ourselves when we slipped. What did we learn?
1. We are big damned consumers. We are so much better than we used to be, but so far off of where we’d like to be.
2. Target is infinitely more convenient that Craigslist. We may pay a small premium for that convenience, but generally, it’s worth it.
3. When you forget to budget for a speeding ticket that needs to be paid 5 months after you received it, it does not matter if you saved some of your discretionary budget by not shopping retail that month.
4. When you open a credit card bill and get upset, be prepared to get clubbed over the head with #3. Repeatedly.
This month, I’m going to do my best to learn a new language. I’m having a hard time deciding which one. Spanish would be most practical. Norwegian would let me read some of the artwork on my Grandma’s wall, but Italian sounds like the most fun.
Nothing like waiting until the last minute.
10 Ways to (re)Use Shopping Bags
- Image by publicenergy via Flickr
When I go shopping, I don’t bring my own grocery bags…mostly because I’m not a hippy. I do tend to double-bag my groceries just so I can bring more shiny plastic bags home to play with. What do I do with them, you ask? I’m glad you asked, because that is why I am writing this post. Thank you for cooperating.
Here are my favorite 10 things to do with shopping bags:
- Garbage bag. When I’m cooking, I hang a shopping bag on the drawer handle where I’m working, so all the scraps can go straight into the trash. I just slide the onion skins or pepper cores off the counter right into the bag.
- Garbage bag II. Why buy small garbage bags for that tiny can in the bathroom? A plastic shopping bag works just as well.
- Pooper scooper. Instead of buying some gadget or even a little roll of bags, just tuck one of these into your pocket when you take the dog for a walk. Instant poop removal.
- Paint brush saver. When you are painting, if you have to stop for the night, wrap your brush in a plastic bag and put it in the refrigerator. It will be ready to use in the morning, without have to clean it or pick out dried paint flakes.
- Halloween mask. Draw a lipstick mouth on the bag, pull it down and you are an instant “bag lady”. Seriously, this is bad advice. Don’t put a plastic bag over your face, no matter what some jerk on the internet says.
- Power-strip water-resistor. I go a bit crazy decorating for Halloween. Right now, there is a lighted path, 2 coffins, a few full-sized monsters, 30-40 tombstones, and over 100 skulls in my yard. Some of that is animated. I wraps power strips and extension cord connections in plastic bags, then duct-tape the bag-seams. I’m not an electrician, or a code-compliance officer, so don’t take this as advice, but it has worked well for me.
- Recycling bin. This requires paper bags, not plastic, and it makes me a bit of a hippy. I keep a paper bag next to the garbage can just for the recycling. I keep another handy just to use to collect junk-mail for my primitive alternative to a paper shredder.
- Dirty laundry. I’ve got 2 kids in different stages of potty-training. When fit hits the shan, so to speak, the dirty/wet clothes go into a bag that I conveniently keep in the diaper bag. I knot that sucker tight and the scents and stains don’t get all over the stroller or the car.
- Dandelion torture chamber. If you’re the kind of person who likes to roam around your yard with a scissors, cutting the heads off of dandelions while they are still pretty, there is no better place to store the mutilated remains of your victims than a shopping bag from Target. Show those other weeds what happens to trespassers! I wish I was making this up.
- Car kits for kids. Before we go on a trip, we have the kids fill up a small bag with books and toys to keep themselves occupied for the drive. This isn’t recommended if your kids have to taste everything they touch, but it’s been a simple-yet-elegant solution for us.
Do you use shopping bags for more than just a way to transport clutter from the store to your house?
The Spending Styles of the Rocky Horror Picture Show
- Image via Wikipedia
Everybody has a spending style. Like a fingerprint, it is unique to each individual, even if that individual is fictional.
Since it is the Halloween season, and The Rocky Horror Picture Show is a Halloween movie, I’m going to look at how those characters spend their money.
Janet Weiss – A Heroine
Janet is the stereotype of every suburbanite soccer-mom-who-hasn’t-gotten-married-and-had-kids-yet. She wants to keep up with the Joneses(“It’s nicer than Betty Monroe had! [Oh Brad!]”) and she is obviously impressed by and envious of people who have all of the trappings of the “finer things”. If she has a credit card, you can bet that it is peeling on the sides from over-use. While she wears conservative clothes and sensible shoes to go visit an old mentor, she’s almost definitely got a closet full of fancy shoes and a drawer full of real-baby-seal-skin g-strings. If Brad were smarter, he’d run, and not just because of her loyalty issues. She’ll never be content with a sensible car and modest house.
Brad Majors – A Hero
Brad is a pompous jerk who thinks he’s better than those around him. He’s also extremely conservative and slow to accept change. He’s going to give Janet an allowance and complain every time she spends a penny of it. His investment portfolio is well-balanced and configured for long-term growth and he’s going to rub your nose in it at the neighborhood barbecue. To shut him up, just ask why his kid was born with an accent and garters.
Magenta – A Domestic
What’s a domestic? Magenta is the most financially responsible person in the show. She’s third -in-command of an alien invasion, but still takes on a second job? That’s a woman planning for retirement. She’s not going to rely on anyone to support her. She knows how to enjoy a party, without having to spend all of her money on a glitter-suit.
Columbia – A Groupie (as Little Nell)
Columbia is incapable of making a decision that wasn’t pre-formed by her peer group. She’s doomed to chase every fad, hoping it will impress those around her. While she’ll always be remembered for her glitter-suit or the corset that isn’t quite tall enough, she’ll never be happy or have a spare penny in case of emergencies.
Riff Raff – A Handyman
Riff Raff has jealousy issues. He sees his boss and commander throwing a party and having a good time, but, instead of working towards being able to do that himself, he kills his boss and steals his house. He is greedy, jealous, and deceitful. Don’t ever turn your back on him, or he’ll steal your wallet, hit you over the head and bury you in the backyard just so he can pretend it’s his party.
Eddie – Ex Delivery Boy (as Meatloaf)
Eddie is out of his head (H-E-D). He’s the tag-a-long who will keep buying expensive dinners that he can’t afford in an attempt to impress whoever is around to see him pick up the check. He isn’t sure how to fit in, but he’s positive that he can buy his way there. In reality, he’s dead(spelled right) broke and will end up getting screwed.
Rocky Horror – A Creation
Here is the true blank slate. He’s just seven hours old, so he’s got no bad habits to break. Unfortunately, he’s never had to learn any hard lessons, so his head is easily turned by an glittered bauble or babbling, half-dressed flake. He’s incapable of making an informed decision about anything, so he follows everyone around getting whatever they like. He’ll spend his entire life getting by on his looks, which will almost always be successful, until life catches up to him and he dies broke and alone.
Dr. Frank-N-Furter – A Scientist
Frank knows how to throw a party. He travels 12 billion light years brings not only a keg, but the entire party house with him. Who wouldn’t want to be his friend? There’s a fancy house, a room to stay in if you drink too much, pretty people being built in the lab, and gourmet corn-fed delivery-boy being served for dinner. Watch out, though. He doesn’t tend to his job. One day, the credit cards will be maxed, the bank will foreclose on the house and send it back to Sweet Transexual Transylvania, leaving Frank penniless. Who will be his friend then?
Which Rocky character are you?
Science Fiction
Double Feature.
Frank has built and
Lost his creature.
Darkness has conquered
Brad and Janet.
The servants gone to
A distant planet.
