Archive for the Category »When we spend «

A Bonus I Forgot

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Last night, on our way home from the gym, my husband got a hankering for Village Inn.  We haven’t been to a Village Inn in years, but as we were driving by (like we do every night), he said he felt like going in.  What the heck – we’ve been spending less than $50 a month eating out for quite a while now.  So in we went, and spent $20.  We had a great time, it was a nice impromptu date, and we didn’t have to cook.  That officially put us over our self-imposed $1000 spending limit for our current credit card billing cycle, which ends on Saturday.  But we had a thoroughly good time, so it was worth it.

This morning, I checked the card balance, and the bulk oats we bought at Wild Oats last week had showed up on the card.  Oops – I had forgotten about that one.  We buy organic oats in 50 pound bags, once every 4 or 5 months.  We get a discount, but it sill comes out to about $40 for the bag.  So now we’re up to about $1050 for the credit card bill.  Bummer.  But we do have oats to last until next spring.

Then I remembered that as of Saturday, we’ll have 10,000 points on our credit card.  We charge everything to the same credit card, and they give us rewards that we can claim once we get 1000 points.  Stuff like gift cards and random toys.  But we always wait until we have 10,000 points, because then we can just get $100 credited to our statement.  That makes more sense than getting gift cards so that we can go buy stuff that we don’t really need in the first place.  So next week, we’ll get $100 credited to our balance.  Hooray!  That means that our balance will be under $1000 after all. 

So it all worked out ok today.

A New Credit Card

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Last month, we finally applied for the Costco American Express.  We’ve been going to Costco for several years and always pay with a check, since they don’t take Visa, the credit card we use for everything else. 

We don’t tend to keep money in our checking account though, because it doesn’t earn interest.  Instead, we move it to our HELOC (where the interest rate that it saves us is 8.3%) or we put it into our ING account.  Usually we have just a couple hundred dollars in the checking account in case of an emergency.  Whenever we were going to Costco (about once every 6 to 8 weeks) I would move money back from the HELOC to the checking account, and then we would have to remember to take the checkbook with us when we went shopping (we don’t normally carry it with us). 

Anyway, we decided that the Costco American Express would make things easier.  We get 1% cash back on everything we buy at Costco, which is a nice bonus.  We get that with our other credit card for everything else, but our Costco purchases had never gotten us cash back before.  And as Costco members, there’s no annual fee for the AmEx card.  So now we can go to Costco without remembering to grab the checkbook or transfer funds.  Much easier.

A Safe Place For Important Papers

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I’ve mentioned before that I need to have backups of our important financial documents, and keep them in a safe.  This week, a new Staples opened near our house, and they were running an opening special that would give $30 off a $70 purchase.  So I went over there on Monday to get a safe.  I found a fire-proof safe that holds hanging folders, for $68.  I bought a ream of paper to get over $70, and ended up getting everything for $45 after tax. 

I came home and went through all our paperwork to sort out what needed to be in the safe.  My husband and I went through my final selections together, so he knows exactly what’s in there as well.  Our passports, birth certificates, ss cards, marriage license, car titles, mortgage info, warranty deed and security title for our home are all in the safe.  So are copies of our parents’ wills (we still need to make our own, haven’t done that yet) and photocopies of the fronts and backs of our credit cards.  I typed up a list of all our asset accounts, including contact info, passwords, and account numbers, and that’s in the safe as well.  So now instead of having all our important documents in a little plastic box in my desk and in my filing cabinet, we have them in a locked fire-proof safe, all in one place.   Feels much better.

A Date For A Cause

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Last week, our midwife told us about a movie that was going to be shown on the weekend, called “The Business of Being Born.”  It was made by Ricki Lake following the births of her two children – one in hospital with all the standard hospital rules and regulations, and the second at home with a midwife.

The movie has not been released yet, this screening was set up as a fundraiser for various midwifery groups, and the tickets were sold on a donation basis.  Our midwife said that she thought the donations started at $5 each, and we decided to make a date of it.  We had sold some stuff at the consignment store near where the movie was being shown, and we had $34 to pick up when we got there.  Then we went out to dinner ($13) and then headed over to the movie.  We waited in line and just as we were getting up to the donation table, I saw a sign that said “tickets: $15 – $25″  Oops.  Luckily, we had an extra $20 bill with us, and we decided that we both wanted to see the movie, and that the money was for a cause we felt strongly about.  So we paid our $30 and went in.

We both liked the movie, and felt that it did a good job of showing how birth can be if we just leave things alone and don’t interfere so much.  And it pointed out what a large portion of obstetric care is done for financial and legal reasons rather than for the wellbeing of the mother and baby. 

After the movie, we both agreed that we were glad we went.  It’s a good thing that our midwife didn’t know the cost of the movie when she was telling us about it.  Had she said that tickets started at $15, we almost certainly would have decided not to go.  But after we went, we felt that the $30 was money well spent. 

A Full Pantry

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We spent a crapload of money this past weekend.  I didn’t like having to put everything into Microsoft Money to track our expenses, but then again, it’s not like we were out buying shoes and purses. 

On Friday night, we went to a play with my brother and his girlfriend and her mother.  My brother’s gf had scored the tickets for all of us through her work, so we got in for free.  Before the play, we went to a local burrito place (sort of like Qdoba, but it’s a local-flavor classic instead of a chain).  Since our play tickets were free, we paid for dinner before anyone could protest.  It cost $38, which pushed our dining out spending up to $57 for the month, but I’m glad we paid for their dinners, and I’m glad we’re all on the same page when it comes to finding great food on a budget ($38 – including tip - for five adults is a pretty good deal).

On Saturday, I worked at the library, and then we went for a bike ride in the evening.  Afterwards, we went to the grocery store and spent $90 on groceries.  We were just buying the stuff we don’t get at Costco, since that was our plan for Sunday.

On Sunday, we slept in and then went mountain biking.  It was our first real mountain bike ride together since my husband hurt his kneein May.  We had been riding for about 15 minutes when a fast-moving summer storm rolled over the mountain.  The lightening was blinding and the thunder was so loud it made the ground shake.  We made it back to the car in record time, soaked and muddy but not fried, which was good.  We sat in the car for about 10 minutes until the storm passed and the sun came out, and then we gave it another try.  Second time was a charm, and we had a great ride.  Other than the gas to get to the mtn, it was free entertainment for half a day.   

We cleaned up with wet wipes in the car and headed to Costco, where we bought $309 worth of groceries and $33 worth of household stuff.  We had to rearrange our pantry to fit everything in, but we shouldn’t have to go grocery shopping until October.  We get our produce delivered every week, and we have everything else we need to last a good long time.  Of course our grocery spending for August isn’t pretty : $673.  But if we got snowed in for a month we’d be just fine (unlikely in August, but you never know). 

I’ve always known that our grocery spending is higher than average, but I’m ok with that.  Most of our categories – auto, gas, entertainment, dining out, clothing, etc. – are lower than average, and I really believe that groceries should be a significant chunk of any budget.  I’d much rather drive my 1991 Honda and eat organic, unprocessed food than drive a sweet car with a a $350/month payment and eat hotdogs and ramen.  The last time I had a cold was June of 2005.  For my husband it’s been even longer.  I firmly believe that the food we eat plays a major role in our health, and I have no plans to lower our grocery bill.  I had to add that disclaimer, since I just finished adding nearly $500 from this weekend to our monthly spending report…

Paying for Wind Power

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Last month, we signed up for wind energy from our electricity company.  We just paid our first bill with the wind energy charge, and it was pretty easy on the check book.  We used 857 Kwh this month (as opposed to 1073 last year – yea!  keeping the temp. higher and drying clothes on racks instead of the dryer is working!).  The total windsource charge was $32.67.  But then there’s a “windsource adjustment” that subtracts $18.78 from the bill (I assume this is a state refund type of thing, sort of like the tax break for buying a hybrid car).  So the extra charge for using wind energy for all of our electricity came out to $13.89 for the month.   That’s in July, which is a high energy month (even though we’ve been keeping our thermostat at about 78 degrees, the ac has still been running quite a bit, just to maintain that level).   Most months of the year we don’t use more than 500 Kwh, so our average windsource expense is probably going to be under $10/month.  And it’s money very well spent.

Adventures in Tree Maintenance

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We got our maple tree trimmed on Monday.  When my husband was getting quotes, he felt really comfortable with one of the guys he talked with.  He asked if it would be possible to get a discount for doing some of the work himself.  The trimmer said that he could give us up to $100 off the quoted price if we did all the groundwork.  So when the trimmer arrived, my husband donned his bicycle/unicycle helmet and hung out under the tree for three hours.  While the guy climbed around 35 feet up in our tree, looking as comfortable as a monkey up there, my husband spent the whole time picking up the branches as they fell, and piling them behind the truck.  When everything was trimmed, the guy got in the back of the truck with a chainsaw and my husband handed every branch into the truck to him.  All in all, he spent about three hours working, got a great workout, and felt like he had contributed to how great our tree looks now.  After our discount, we paid $245 to have the tree trimmed, which was by far the best price we got from anyone.  The guy who did it has been a tree pruner since 1983 – he was really knowledgable, and we’re thrilled with the job he did.

We’re really glad we got the tree pruned.  It looks so much healthier now, with all the dead branches gone and the ones that had been all droopy cut back so that they’re looking perky again.  It looks like a new tree.  It’ll be stronger and healthier since we did this, and when you only have two trees, you gotta baby them a bit!

All Dressed Up

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My husband is going to be in his cousin’s wedding next month.  He’s an usher, which is as much “in” a wedding as he wants to be,  since it means he doesn’t have to be in the spotlight or give a speech.  He’s grew up very close to his cousins – both of whom are getting married within the next few months -  so it made sense that he would be asked to be a part of the wedding.  He went to get fitted for a tux yesterday.  I’ll admit to being a little excited about seeing him in a tux.  We met long after prom, and got married in hiking clothes on the side of a mountain, so I’ve never seen him in a tux.  Turns out that his cousin picked the most expensive tuxes available for the wedding.  $158 each.  Ouch.  It’s a good thing this is happening now, when we’re feeling pretty good about our finances, are almost out of credit card debt, and are putting a decent amount of money into savings every month.  If his cousin had gotten married three years ago, I think the $158 bill for the tux would have made me cry.  As it is, we’re amazed that renting a tux could cost $158 for a day, and we’re wondering what this wedding will be like.  There are two weddings scheduled – a Catholic one at 1pm and then a Baptist one at 5pm.  The reception is at a country club after the second wedding.  I’m guessing the whole day amounts to a sweet down payment on a house.

I’m on a mission to find a dress for the wedding.  I went to TJ Maxx and Ross last night, but there were very few things in my size, and the ones that did fit me didn’t look good.  So today I’m going to head over to my favorite thrift stores to see if I can stumble upon any great finds, and then hit a few consignment stores.  If all else fails, I’ll go to the mall.  I’m trying to keep my clothing budget for the wedding to a minimum, since I already bought a shower gift ($25) and we still have to buy a wedding gift, plus that tux.

We’re really happy for my husband’s cousin, and we love the girl he’s marrying.  Of the girls he’s dated in the years I’ve known him, this one is by far the best, and we’re really glad that they found each other.  But however you spin it, the wedding is only one day in your life together.  I’m always struck by how many people, in the last few days leading up to their own weddings, say something like “I just can’t wait for it to be over.”  Watching all this wedding stuff over the last few months has made us so grateful for the wedding we had, and for the life we have together.  And now I’ll get to see my shorts-and-tshirt guy all dressed up for a day.  What more could a girl want?

It’s OK To Spend A Little Now And Then

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We have a huge maple tree in our front yard.  It’s a great shade tree, and sitting on our front porch feels like being in the forest since the tree obscures most of the street from view.  But it’s getting a bit out of control.  My husband has climbed on the roof a couple times to trim back the branches that were getting close to the roof, and today we used a step ladder and hand saw to cut back all the low-hanging branches.  The tree has been getting less resistant to wind storms because it’s branches are getting too long and spread out.  We’ve had several big storms this summer, and each time we’ve lost limbs from that tree.  We want the tree to always be there, so my husband suggested that we hire a tree service to come out and trim it all over, to encourage compact growth and strengthen the existing branches. 

My first reaction was to worry about the cost.  I told him I wasn’t sure if we could afford it (without even knowing the price – I tend to react that way whenever an unexpected expense is looming).  He didn’t mind, and said it would be fine to wait until the fall to have it trimmed, but reminded me that it really needs to be done, and it’s not the sort of thing that we can do ourselves.  The tree is easily 40 feet tall, and it’s absolutely a place for a professional with the right equipment.

Later in the day, I started thinking about the whole situation a little differently.  We’re currently saving $900/month in retirement accounts and $100/month in an ING account.  I’m very focused on saving money.  It’s sort of an obsession.  I am very much in favor ofpassing on a new pair of pants in order to put the money into savings instead.  But if I’m passing on things that we need right now in order to have more money in the future, it’s sort of defeating the purpose.  The logic behind my burning need to save money is so that we’ll be able to have the things we need for as long as we live, without always having to worry about how to pay for everything.  But I need to remind myself that while it’s absolutely necessary to save for the future, it’s also important to make sure that we’re taking care of ourselves now.  Planning ahead is great, but we have to be able to live in the moment aswell.  It’s really all we’ve got that’s guaranteed.  So we’re going to call around and get quotes from some tree services, and have someone come out and tidy up our tree.  And if we put a little less into savings next month in order to pay for the tree trimmer, that will be fine with me.  Investing in our future will always be a huge priority for us, but investing in our here-and-now is a good idea too. 

Healthy Food On A Bootstring

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I was going to post my answers to NCN’s questions all in one post, but it got too long and I had to break it up.   I talked about what’s in my retirement account and my thoughts on saving for college yesterday, but Question #5 cought my eye the most – I am a foodie at heart. 

NCN asks how to save money on food, especially when one is trying to eat well and be healthy.  My husband and I spend about $500/month on food, including eating out.  We spend $38/week to have twenty pounds of organic produce delivered to our house – well worth the price for us.  Then we spend about $200/month at Costco, plus about another $100 – $150 at grocery stores.   We eat out very rarely (once or twice a month), and when we do, we have a coupon for a buy one get one free or something like that.  We do not go out to fancy dinners.  Last week we went to Chipotle with a bogo coupon and spent $8 total.  Yay for cheap dates!    

$500/month is not breaking any records for keeping food costs low.  But whenever I read stories about people who spend crazy low amounts on food, I always wonder what they are eating.  If you eat nothing but mac n cheese, top ramen, and bologna – yes, you can eat for $150/month for a family of 4.  But what will the long term results be?  My guess is that those people will not be in the best of health as years go by (and probably are not so healthy right now either).  NCN made a good point about not being able to find coupons for “real” food.  Coupons are generally printed by big brand name companies.  The kind that make foods with 300 ingredients listed on the side of the box.   When you banish processed food and switch to real, organic food, coupons are few and far between. 

But my frugal self demands that I get as much good food as I can for my buck.  So here are my thoughts, several years into a health food crusade. 

  • Eat out as little as possible.  Most of the food you get in restaurants is not all that healthy anyway, and it’s usually more expensive than eating at home.
  • Plant a garden.  Even if you only have room for containers on a balcony, anything is better than nothing.  Tomatoes, greens (swiss chard is super easy to grow), and herbs are some that we’ve had great luck with.  They grow easily, you know they’re organic if you grow them yourself, and they are pretty expensive if you buy them in the store, especially the organic variety. 
  • Sprouts.  I know, it sounds like a grungy 70s commune, but they are awesome.  They’re about as good as it gets for a health food, and they are super cheap.  You can get bulk sprout seed at any health food store, and all you need to grow them is a canning jar with holes in the lid.  A couple teaspoons of seeds will fill a whole jar with sprouts in just a couple days.  You can add them to anything (I even put them in my oatmeal after it’s cooked), and there are tons of different kinds available.  You’ll find one you like, I promise.
  • Take time to cook.  You can buy healthy stuff that’s already prepared for you, but you pay for the convenience.  If you hate to cook, start small.  Don’t think of it as a chore.  You don’t have to be Julia Childs.  Just tinker around a bit in the kitchen.  Get a good knife and a chopping board – a salad counts as a meal just as much as a homemade lobster bisque. 
  • Drink water.  We have a reverse osmosis filter that we found on ebay for $100.  If you live somewhere with good tap water, it’s almost free.  Drink it up!
  • Buy in bulk.  We get 50 lbs of organic oatmeal every few months.  It’s much cheaper than buying it in little cylinders at the grocery store.  We also buy quinoa, lentils and dried beans in bulk (lots cheaper than buying canned beans).  You can cook a bunch of beans in a crock pot and freeze them in individual containers to use whenever you need them.  Shopping at Costco is great if you’re able to resist all the impulse purchases that they want you to make.  We stock up on frozen stuff – veggies, fruit, shrimp, fish… it’s all a good deal as long as you don’t start buying lots of convenience food in bulk.
  • Plan ahead, even if it’s just a little bit.  I’ve never been organized enough to sit down and plan out menus for the rest of the month (or even the rest of the week).  I’m very impressed with people who do that, but it’s just not me.  Even still, I don’t run to the store every few days.  Shopping at Costco helps with this, as we end up with a freezer full of ingredients for all sorts of stuff.  When I think I need something from the store, I try to improvise and put off the trip as long as possible.  And use a list when you shop.  I do.  Sometimes.
  • Don’t eat meat.  We are not vegetarians, but we don’t eat meat very often.  If you’re trying to be healthy, a meal based on non-meat foods will almost always be less expensive and better for you then a meat-based meal.  If you do eat meat, stretch it out.  Cut up one steak and make it into a stew instead of giving each person a steak.  Make meatballs with oatmeal and ground flax mixed into the meat – you’ll never taste the difference.  I even grate carrots into my meatballs, and no one complains. 

And it’s ok to spend a little more money on groceries if you’re trying to be healthy.  You’ll save money on health care in the long run, and you’ll feel better right away.  Some things are worth spending money on, and good “real” food is one of those things.Â