Archive for the Category »our frugal stories «

I Got My Ring!

Bookmark and Share

Yay!  My new ring arrived yesterday!  We were both very excited when the DHL guy showed up.  The box was huge – they padded it well.  The actual presentation of the ring was great.  They had a white box tied with ribbon, and inside it were two smaller boxes, also tied with ribbon.  One box had two chocolates in it (aw, how sweet!) and the other had a beautiful wooden ring box, with my new ring inside.  It’s perfect, except that I ordered the wrong size.  So sad, cause I had to send it back to get re-sized, so I only wore it for one day so far.  Before I ordered the ring, I measured my finger with a piece of string, using a ring size gauge I found on line.  But I guess I was off a bit – it doesn’t take much, since the sizes are only a couple mm from each other.  Anyway, I ordered a 5.5, and it was flopping around all over my finger.  I called the company to see about resizing, and they suggested that I go to a jeweler to get my finger sized, since they only do one free resizing.  So this morning I went over to the Shane Company, and they said I’m a 4.5 - good thing I didn’t just send the ring back and ask them to take it down to a 5 (that’s what I had planned to do before the guy said I should go get sized by someone who knows what they’re doing).  I guess I have really skinny (bony?) fingers. 

So I sent the ring back today, and now I have to wait for it all over again.  But at least I’ve seen it and I know how great it is.  I’m so glad that we made the decision to sell my old one and get this one instead.  The money we got from the first one has been divided up between our HSA and my Roth IRA, and the new ring is just as good as the old one.  The craftsmanship of the ring itself is perfect – equal to what I had before.  And the “diamond” is awesome.  Unless I tell them (which I have no problem doing), no one would ever know that it wasn’t mined out of the ground in Africa.   I’m going to let both of my brothers know about my new ring.  I can’t imagine either of them marrying a girl who gave a rat’s ass about getting a “real” diamond – so this would work great for them.  I would never recommend deception – it wouldn’t be good to let someone think you spent $5,000 on a ring when you actually spent $400, but if both people agree that it’s a great deal, then it’s a great deal. 

The Lady of the Rings – Part Two

Bookmark and Share

We ordered my new engagement ring last night.  It’s slightly different than the first one I had picked out – we both like the 4 prong setting better than 6.  It cost $231 – and they have free shipping, so that’s it – $231.  The guarantees that they provide sound just about identical to the ones we got from the Shane Company four years ago.  We’re stoked!  I can’t wait for it to get here!  They said it will take about two weeks, so I’ll just have to be patient. 

My husband went to the Shane Company yesterday to meet the people who were buying our ring.  They had a few different rings that they had bought from other people – all Shane Co originals.  They were trading them in for credit towards the ring set they were buying.  (huge, with tons of diamonds – a bit tacky, but if that’s what you like, they sure were resourceful about how they were paying for it).  Shane Co will allow you to trade in your ring at any time, for the price that you paid for it, as long as you use the money as credit towards a more expensive ring.  So this couple paid us $1150, then gave the ring back to Shane Co and got a $2000 credit towards their own ring.  And they did this with a few other rings as well, so they probably saved a few thousand dollars on the ring they were buying.  Quite creative, and if you really feel that you gotta have a real diamond, this is a pretty frugal way to go about it. 

My husband said the guy wished him good luck when they were finished.  I’m sure they thought that we must be getting a divorce.  It must have confused them that he was wearing his wedding ring.  We went out for sushi last night to celebrate (we didn’t go crazy – it was $32, and we drank water).  Tomorrow we’ll put the money in the bank, and then divide it between a new Roth IRA and our HSA.  Right now my hand looks a little naked, since I’m just wearing my wedding ring.  But soon I’ll have a beautiful engagement ring, plus $900 working hard for our future.  Life is good. 

A Full Freezer

Bookmark and Share

Yesterday I spent about 5 hours cooking.  It was off and on, and I was able to do other stuff during the “simmer” parts of the process.  It wasn’t strenuous by any means.  But now our freezer is stocked: a spinach lasagna, spaghetti pie, baked ziti, lentil curry, chili, red clam sauce, pumpkin muffins, and chocolate muffins.  I have to give credit to the book Frozen Assets for giving me the idea.  I’ve always been a fan of cooking large quantities of soup or chili and putting the leftovers in the fridge for later in the week.  But I’ve never cooked several main dishes in one day and frozen everything.  I spent about $40 on groceries for my big cooking day, and ended up with ready-to-cook meals that will last us about 14 meals.  And it’s such a great feeling to know that everything’s in the freezer and just needs to be thawed and heated.  I stuck a list on the freezer door, so we know what’s in there, and when it starts to run out, I can spend another Sunday cooking several meals.  And the problem of don’t-feel-like-cooking-better-go-out-to-eat is solved.

Cooking everything in one day worked well for me.  I stayed motivated because I could watch the freezer filling up as I went along, and I was able to use the same ingredients in multiple dishes.  We don’t eat a lot of meat, so I used one package of groung buffalo and cooked it with a bunch of diced tomatoes, onions, and bell peppers.  Then I was able to use this meat/veggie mixture in the lasagna, spaghetti pie, and chili.  It was easier than starting from scratch to add meat to each of those dishes. 

I’ve checked the Frozen Assets book out of the library two or three times, and each time I thought it would be a great idea, but never got around to actually doing it.  I’m so glad that I finally tried it.  I enjoy cooking, so yesterday was fun for me, and will make my weeknights a lot easier.  Even for someone who hates to cook, making a bunch of stuff (it doesn’t have to be fancy) in one day at least gets the process out of the way for a while. 

 

 

Recycling Isn’t Just About Cans

Bookmark and Share

Last night I was working at the library, and talking with some of my friends there about a book I’m currently reading.  It’s called Not Buying It – My Year Without Shopping.  I waited on the hold list at the library for over two months for this one, as it seems to be a pretty popular book.  Anyway, it’s the story of Judith Levine and her domestic partner, Paul, as they spend 2004 without buying anything non-essential.  They can buy unprocessed food, toilet paper, work supplies, etc.  But movies, clothes, dining out… all the non-essentials are axed for the year.  It’s in journal format, and I’m only to April, but it’s very interesting so far. 

As we were talking about it, one of the other librarians mentioned that someone should try to go a year without buying anything NEW except for food and other obviously consumable stuff – toilet paper comes to mind.  She was musing out loud about whether it would be possible to only buy stuff at thrift stores, garage sales, Craigslist, freecycle, etc.  I mentioned that I pretty much do that already, and she said I should write a book.  Or I could just blog about it. 

As it is, we never buy clothing new, and we rarely buy anything else new.  The exceptions are few.  I am a runner, and I buy new running shoes every 7 or 8 months.  Used running shoes have already formed to someone else’s foot, and if they’re in a thrift store, chances are the shock absorption has seen better days.  Since this has an impact (literally) on my knees, I have found over the years that new running shoes are an invaluable investment.  Underwear and socks I buy new, although I have been known to buy the occasional pair of socks in a thrift store.   I just found a sweet pair of Patagonia hiking socks for $1.  Didn’t look like they had ever been worn, and I’ve seen similar socks for $15 in sporting goods stores.  We will be buying a new computer in January.  We have an on-line insurance agency, and since we work from home, the computer and our phones are really the only infrastructure we need in order to work.  We use them pretty intensively, and mine is almost 5 years old.  It will be retiring soon.  We’re going to buy J’s dad a heart rate monitor this weekend, as he’s recently gotten into biking and is working really hard to get himself in good shape.  He’s doing a great job, and we want to encourage him.  I go to the scrapbook store every 6 months or so, but I could skip that for several years and probably still have supplies left over – I have enough paper to last the rest of my life. 

Other than that, we pretty much buy everything used.  Our cars, full suspension mountain bikes, bike shoes, bike jerseys and shorts, clothes, furniture (and no, our house does not look like a college student’s apartment), dishes, pots and pans, comforters, our juicer, even our pets were recycled! (Humane Society).  And we’re not into upgrading or replacing stuff just because.  We pretty much keep the same stuff until it’s no longer useful.  We’re not likely to go buy new furniture or dishes until what we have falls apart.  It’s the ultimate recycling – keeping what we’ve got already.

So yes, I think it’s absolutely possible to spend a year only buying used stuff.  I can’t imagine buying only new stuff.  That would take all the fun out of it, since I’d be worried about the money I was spending, and because I love how thrift stores are like a treasure hunt.  You never know what you’re going to find.  Not so in Banana Republic or Pottery Barn, where you can pretty much picture what’s in there before you even walk inside.   

Our Free Weekend

Bookmark and Share

We didn’t spend any money last weekend.  It wasn’t something we tried to do, and we didn’t even realize it until Monday.  Several years ago, when we were both working for a big company, we would often spend $200 in an average weekend.  We worked very long hours during the week, so the weekend was our time to enjoy ourselves, and we would usually accomplish that by going out to dinner, going to a movie, going to the mall, going on a weekend getaway… pretty normal things to do. 

Fast forward a few years, and our frugal selves are much more conscious about money (I always was, but I think my frugal side went into temporary hibernation when J and I were dating).  Doing things that don’t require money had become second nature to us – so much that we literally went all weekend without spending money, and we didn’t have to think about it at all. 

So what did we do?  We slept in – our guilty pleasure.  We cooked and ate great meals (there’s always a good supply of groceries in our house).  We walked the dog.  J rode his unicycle – he’s currently teaching himself to ride backwards, which took up a good chunk of Sunday afternoon.  I went to the gym (membership is free because I have a part-time job working for the city).  We cleaned the house.  We watched two movies that we had checked out of the library.  I went for a run.  I talked on the phone with friends and family using our unlimited minutes Vonage phone.   I did some scrapbooking.  We had a fantastic weekend and both felt ready for the workweek by Monday morning.  I’m sure there were other things we did that I’ve forgotten, but we didn’t spend a dime.  Proof that frugality truly does become a habit after a while. 

Cheap Food

Bookmark and Share

I sat down to write about my favorite cheap food, and ended up reading all sorts of other pf blogs.  Before I knew it, I’d been clicking from one to another for well over an hour.  Wow, time flies when I’m reading lots of stuff from people who think like I do.  I just discovered the Under 30 Honor Roll and was amazed that so many of the pf bloggers are in their 20s.  Sometimes it seems that everyone - especially the 20 somethings - has lost their minds when it comes to money.  So it’s nice to see so many sites authored by young people and dedicated to financial competence. 

I’m making rice and beans for dinner today.  That’s my all time favorite cheap food (rice and lentil curry is another favorite, but not quite as cheap).  I spent two years in East Africa with the Peace Corps after college.  If I had not been a fan of rice and beans, I would have starved.  Seriously.  I ate rice and beans or ugali (stiff corn porridge) and beans for lunch and dinner about five days out of every week.  We’d have spinach or avocado on the side, but the main dish always included beans.  I didn’t have a clue how to cook when I first went to Africa.  I had lived on sandwiches in college, and basically learned to cook over a coal fire with the help of the friendly villagers who lived near me.  Once I came back to the US, I had a great appreciation for things like electric stoves and sinks with faucets.  And rice and beans. 

My mother-in-law gave me a big crock pot for Christmas last year.  I buy pinto beans at Costco in 10 pound bags for about $5.  I soak a few cups of beans overnight, and then cook them in the crock pot on all day.  I saute a bunch of onions, garlic, and chopped tomatoes, and then add the cooked beans – just like I learned in Africa.  I make a huge pot of brown rice, some sort of green side dish, and dinner is served.  This is usually enough food to last 4 or 5 meals.  And it costs about $7 total, including the rice, beans, tomatoes, onions, and garlic.  Not a bad deal.  And since we have tons of rice leftover, I can make other dishes during the week that need rice.  I love brown rice, but it takes so long to cook that I always make a bunch at a time. 

Another bonus – brown rice and beans is good for you.  It sure beats ramen noodles in the health department.

Back to Normal

Bookmark and Share

We got home from Hawaii a couple days ago, and we’re getting back to normal.  Overall, we did a pretty good job at being frugal on vacation.  We had a few dinners out, and took a trip to the Big Island, but we didn’t buy a lot of junk, and we stayed within our budget.  We got to see tons of great sights, and do lots of hiking, swiming, surfing, and relaxing.  We owe a huge thanks to J’s sister and her family – for a place to stay, a car, food, and the ultimate tour guides – you guys are awesome! 

We found ourselves very drawn to the natural wonders of Hawaii, and tried to avoid the commercial, touristy areas as much as possible.  We enjoyed places like the North Shore of Oahu, with its sleepy small towns and beautiful beaches.  We loved Hawaii Volcanoes National Park, and the small towns we stopped in during our travels.  We liked seeing aspects of true Hawaiian culture, and the spirit of Aloha that greeted us along the way.  We weren’t so impressed with places like Waikiki, which is overflowing with tourists and junk for them to buy.  The stores along the main street there – including Chanel and Prada – have nothing to do with Hawaii, and are just aimed at people who are on vacation to shop.  It could have been Vegas.  We ended up there one evening and left as quickly as possible to go to dinner in a smaller town on the other side of the island. 

For us, traveling is about seeing new things that we can’t see at home, experiencing different cultures, and meeting new people.  We got to do all of that during our time in Hawaii.  And avoiding touristy areas (largely designed with shopping and over-priced dining in mind) is about the best way to truly experience a new place, and save money in the process.  One of our favorite places in Hawaii was Volcano National Park, which costs $10 to enter (waived if you have an annual National Parks Pass).  We packed a loaf of bread, a jar of peanut butter, and some fruit, and got to spend the whole day hiking around a truly one-of-a-kind place, for less than it would have cost to have lunch in one of the commerical tourist areas of the state. 

 

Surfin’ Hawaii Without Breakin’ the Bank

Bookmark and Share

For weeks before our Hawaii trip, J was excited to learn to surf.  I honestly think he would be thrilled to just spend the entire vacation on the same stretch of beach, and eat nothing but peanut butter sandwiches and surf.  He’s been doing some sightseeing aswell, but I think it’s only for my benefit. 

The day after we arrived, we went to a local surf shop and bought a used board for $225.  Considering that the new ones were in the $600 – $1200 range, this was quite a steal.  J is very focused when he wants to learn something, so I had no doubt that he’d learn to surf quickly.  Sure enough, the first day that we found good waves, he was standing up on the board within an hour.  Since then, I think he’s been surfing 6 of the last 7 days.  It’s pouring rain right now, and he’s out there, probably has the beach to himself. 

Until yesterday, he had been wearing his regular swimtrunks to surf.  But whenever a wave would wash over him, his trunks would ride up to his hips, and he was getting surfboard burn on his legs.  I guess there’s a purpose to boardshorts besides making guys look good at the beach!  So yesterday, we went to a local surf shop to look at board shorts.  The ones we saw ranged from $62 to $75.  Then we remembered that we had noticed a Salvation Army thrift store the day before.  Since this is a costal Hawaii town, we thought we’d check to see if they had any board shorts.  Sure enough, they had a whole rack full.  J found a pair of Billabongs and a pair of Oakleys.  Total price: $5.  We washed them last night, and he’s out surfing – in the rain – in his sweet new Billabong board shorts. 

So J has been having a great time surfing (and doing all sorts of other Hawaiian stuff with me the rest of the time) and it’s only cost us $230.  Not bad, considering how many hours of fun he’s had.  The used board and shorts work just as well as new ones, and this way we can just have fun on our vacation, and not have to worry about going into debt to pay for it. 

Stories from a Moonlighting Library Assistant

Bookmark and Share

In the fall of 2004, we found out that J needed a replacement for the bridge that makes up his front teeth.  He’s had a bridge since a mountain biking accident in college, and after 10 years, part of it was giving out.  He’s a trooper, and tried to make the old one last as long as possible.  This involved carrying fixodent in his pocket everywhere he went, in case his teeth came loose (which they had a habit of doing right in the middle of dinner with friends). 

Eventually, we knew we couldn’t put it off any longer.  He went to the dentist to have her take a look and see what the grand total would run us.  It was just under $5,000.  This was a big bummer, because there really is no such thing as dental insurance for the self-employed.  Trust me, health insurance is what we do, and we looked high and low.  There are lots of plans that would have ‘covered’ J’s bridge, but with a 12 month waiting period, and a cap of $1500 that they would pay.  There are also discount plans available, but they have a very limited number of dentists on their networks, and the discount would have been about 15%.  Since this procedure involved giving J new front teeth, we didn’t really want to go with a cut-rate dentist, since you generally get what you pay for and we preferred that he not end up looking like Cletus.  So after much research, we decided to pay for the work ourselves.

J’s dentist offered a financing option through Capital One.  We had one year interest free, after which the interest jumped to some large sum.  Of course the minimum balance due each month was far less than the amount it would take to pay off the balance in one year.  So we ignored that number, divided the total bill by 12, and set about paying off the balance in 12 months.  Unfortunately, we were pretty poor at the time.  We had over $30,000 in business debt – most of it on credit cards, ouch – and our little business was just starting to earn a little money.

So we decided that I should look for a part-time job to earn the extra money to pay off the dentist.  J needed to work full-time on the website development for our new business (something I know very little about), so it made sense for me to be the one to look for something else.  I ended up getting a job at our local library, working four mornings a week.  I started out shelving books.  Not glamorous by any stretch of the imagination, but we paid off the dental bill in 12 months, entirely interest free.  That felt good, and made shelving books seem not so bad.  When the dental bill was gone, we still had a long way to go to get ourselves out of debt entirely, so I decided to keep working at the library.  In the 2 years I’ve worked there, I’ve earned  $15,000.  All of that money has been put towards our debts or our IRAs.  So even though J has to work doubly hard in the mornings while I’m at my other job, and even though there have been lots of evenings that I’ve had to work late to catch up, I’d do the same thing over again.

The idea of a second job is not that appealing to most people, especially if it’s not a particularly exciting job (often the case, since you have to take whatever you can get to work around the schedule of your primary job), or if the pay is not that great.  But it’s amazing what an extra $500 or $600 each month can do to your total debt levels.  And another bonus… if you’re working two jobs, chances are you’ll be too tired to go out spending money after work. 

Why We Eloped

Bookmark and Share

When my husband and I had been together about two years, we bought the house we live in now.  the day we moved in, he proposed to me in front of our new fireplace.  We were both floating on clouds that day.  I was smiling so much I felt like my face would crack, and I couldn’t stop looking at my ring.

Over the next few months, we talked about what we wanted our wedding to be like.  The more we thought about it, the more the whole idea stressed us out.  Neither one of us really likes to be the center of attention.  We’re about as casual as two people can get, and the idea of planning for months for a party that lasts one day was very foreign to both of us.  We didn’t like the idea of having all of our friends and family feeling that they were obligated to get us a gift, just because we were getting married (let’s face it, when you get a wedding invitation in the mail, you know you’re getting the couple a gift, whether you can make it to the wedding or not).  And the money!  In our area, an average wedding costs $31,900.  This does not include the engagement ring or the honeymoon.  WTF??  If a 30-year old couple invests $30,000 in the stock market, and gets a conservative return of 8%, by the time they are 60, they will have $301,880 – without investing another penny over those 30 years.

The more we thought about it, the more we knew we didn’t want to have any part in the traditional wedding industry.  We had been planning a roadtrip to Telluride CO for my husband’s birthday that spring, and a couple weeks before the trip, he asked me if I wanted to get married while we were there.  So we rolled into Telluride with our wedding rings, a marriage license, and our camping gear.  We spent the first day there looking for someone who could marry us, and found a guy we felt really comfortable with.  We hiked to Bridal Veil Falls, the spot we had chosen for the ceremony, to make sure it was as good as it looked from afar – it was even better close up.

The next day, we hiked up to the falls with the wedding officiant and a local guy we had befriended who had agreed to take pictures for us.  His dog also came along for the trip.  So it went that J and I got married in one of the most beautiful places I have ever been in my life, wearing our hiking boots (only practical, since there was 6 inches of snow on the path we hiked) and jeans.  We were both as happy as we have ever been, and there was no stress at all.  We were free to completely luxuriate in the knowledge that we were officially committing ourselves to each other for the rest of our lives.  No worries about anything.  Afterwards, we went to the local brewery and had lunch – our idea of a great reception.  We called our families from the payphone near where we were camping, to share our happy news.  His parents were a bit shocked, but quickly got used to the idea that we were married.  Everyone was happy for us.  And our marriage is just as real as if we had spent $31,900 on it.  (we actually spent $200, to pay the officiant and the guy who took pictures – we insisted that he take the money).  I made a scrapbook of the week we spent in Telluride, and we both love looking at it and remembering what a great time it was.  Never once have either of us regretted not having a traditional wedding.

Obviously, eloping is not for everyone.  If you truly want to plan and have a big wedding, more power to you.  But if it’s a source of stress instead of a joyful time, perhaps it’s worth considering other options?  The purpose of a wedding is for two people who love each other to vow their committment to each other.  The rest is just details.  But so often, it seems that we get hung up on the details, and forget the real meaning of the wedding.  There’s definitly no need to be in tears over a mixed up flower arrangement, or in debt for five years to pay for a ‘dream wedding’ that’s over in a few hours.  A wedding is a great opportunity to consider what’s really important in each of our lives, and make that a priority.  The wedding industry would love to have us believe that a wedding is only perfect if we spend $31,000 on it.  But J and I know otherwise, and I suspect that anyone else who has ever shunned tradition and gotten married their own way would agree with us.