Monthly Archives: October 2009

My favorite frugal things about fall

This is my absolute favorite time of year, and even though our weather isn’t quite as cool as I’d like it to be, it hasn’t stopped me from enjoying the season.

fall

Fall isn’t just cozy and comfortable. It’s also frugal. Here are my favorite frugal things about my favorite season.

  • Finally opening the windows, airing out the apartment, and turning off the air conditioner. Hello, lower electric bills!
  • Warm oatmeal for breakfast. A huge canister lasts two weeks, and it only costs $3!
  • Big pots of soup that last all week.
  • The crunch of leaves under our feet during long morning walks bundled up in cozy sweaters.
  • Staying in on the weekends to watch a movie under the covers.
  • Bundling up on the couch to work on a quilting project.

What are your favorite frugal things about fall?

Life through the lens

camera face

Now that we know our time here is finite, I’ve been slowing down to appreciate the beauty around me a lot more. As much as I complain about the heat and humidity in North Carolina and as much as I miss fall in the Midwest, there is a lot of natural beauty in this part of the country. But it’s not just North Carolina that we’ll be leaving behind when we move.

The next chapter in our lives will be as parents and home owners. I’ll (hopefully) be a work at home mom. Tony will be working full time. Our time as a family of two is limited, and I want to appreciate every second of it. I also want to see as much of North Carolina as I can before we pick up and move on.

I’ve discovered a new passion for photography, and it has allowed me to slow down and cherish more of these beautiful moments.

In the coming months we’ll be traveling a little more, photographing a little more, and taking the time to prepare ourselves for the most important job title we’ll ever hold: parents.

We’ll also be cherishing every moment of this time of our lives. I know that someday we’ll look back on this time together and realize just how precious it was. I want to appreciate it now even though I’m so excited about what’s next.

How do you remind yourself to slow down and live in the now?

Another change in plans, but this time it’s good news!

for rentI’ve been pretty open about my struggles with homesickness. Last week, we had a change of plans that will bring us home sooner than we planned.

Last spring we decided to stay in North Carolina until December 2010 so that Tony could pursue a high school teaching license in addition to his master’s degree. A problem with his scheduling brought on by some crummy advice from the education school has made it impossible for him to finish his high school teaching certification any sooner than May 2011 now. So we have made the decision for him to drop the high school teaching certification so we can move in May 2010. That means we’re moving back to Indiana in as soon as 7 months!

This is a big change of plans. We thought we had 15 whole months before we’d be picking up and moving again, but this means we’ll have to start making plans now. How does this change our financial plans? Well, luckily, not a lot.

Tony will finish his master’s degree in May 2010. At that point, he will stop receiving his monthly teaching stipend. Student teaching is a full time job, so he wouldn’t have been able to work while finishing the licensure program. That means we would have had to live on my salary alone. It would have been extremely tight for 8 months. We may have been able to get through it without spending any of our savings, but I doubt we could have saved much money between May and December 2010.

Now that we’re moving early, Tony will be able to find a full time job right away. I may decide to find a job, too, so that we’ll be able to save more for a new house in Indiana.

Right now, we’re hoping we’ll be able to move in the beginning of May, and then we’ll celebrate our new start with our trip to Europe. If it works out that way, the move could take as much as $1,000 off the cost of our trip to Europe. We’ll save $400 on kennel costs by leaving Howie with family, and we’ll also save $200-$600 on air fare because it’s so much cheaper to fly out of Chicago.

The only problem is that the lease on our apartment won’t end until July. I’m hoping we’ll have some options for early termination, but if not, we may have to stay for the extra two months so I can continue working and pay the rent without dipping into our savings.

As far as long term plans go, Tony has decided to continue his education so he’ll be qualified to teach at the university level. Except this time, he’ll be attending school part-time while working full-time so that we can start a family.

This is all very exciting for us. We can’t wait to move back to the Midwest, closer to our families, and begin the next chapter of our lives. I’ll be sure to keep you posted on our moving plans!

Photo by thetruthabout

Menu Plan: 10/10 – 10/16

We’re finally getting the hang of our modified meat shopping plan. Our total for the week was $62, and we even stocked up on three pounds of organic chicken on special.

The only meat we’re eating this week is a pound of organic ground chicken and half a pound of roast beef deli meat.

For lunches we eat leftovers, salads, or peanut butter sandwiches. We always eat whatever fruit is in season and on sale for snacks, so right now it’s locally grown apples. My favorite snack is apple wedges with peanut butter, so I’m in heaven. Breakfast is always cereal, oatmeal, or scrambled eggs.

And for dinner:

Sunday: Chicken burgers with oven fries
Monday: Leftovers/sandwiches
Tuesday: Chicken tacos and refried beans
Wednesday: Pasta with roasted garlic and crushed tomatoes
Thursday: French dip sandwiches
Friday: Homemade pizza

For more menu plans, visit OrgJunkie. Hope your week is off to a great start!

It’s my birthday, too, yeah

Record store

On Saturday, I celebrated my 25th birthday. I have one word to describe how I feel after this weekend: lucky.

We took a short trip to the beautiful town of Chapel Hill, NC on Saturday to hunt for used vinyl. I had about $25 to spend as well as a $50 gift card from my co-workers for dinner.

I was nervous to bring Howie along, but last week he had surgery to remove a benign lump from his neck. The surgery was minor and he’s recovering well, but he has staples in his neck from his incision, so we didn’t want to leave him at a boarding facility.

He was thrilled to come along, of course, and it ended up working out wonderfully. All of the record stores that we browsed were happy to allow Howie to come in with us, and we had dinner on the patio at a dog-friendly restaurant. They even brought Howie a dish of ice water.

Having him with us was a little inconvenient at times, but I’m glad I was able to celebrate my birthday with my whole family, including our perfect little dog.

We found 7 albums from our list and stayed within our $25 budget, and the restaurant was so affordable that we were able to order two beers without going over budget. Overall, it was one of the greatest birthdays on record, all thanks to my incredible little family. :)

Click here for more images from our adventure.

Live like you’re broke — but don’t forget that you’re not

New shoes

Last week, my $2.50 flip flops that I’ve been wearing all summer bit the dust and one of Tony’s two pairs of shoes started to fall apart. I realized over the weekend that I haven’t bought a new pair of shoes in almost two years (aside from the running shoes I bought in January), and it’s been a year since we last bought Tony sneakers with birthday money from his parents.

I looked objectively at what Tony and I were wearing on our feet. We looked like a couple of college kids with some tattered shoes. I suggested to Tony that we should go shopping for some shoes, and he looked at me like I’d grown another head.

“Should we really be spending money on something like that right now?”

When I outlined the facts for him, we both realized how ridiculous it was not to buy new shoes.

  • We each have only three pairs of shoes — Sneakers, dress shoes, and gym shoes.
  • It’s been over a year since either of us bought shoes.
  • Our sneakers are falling apart.
  • We are not broke.

It’s kind of silly that we had to remind ourselves that buying one pair of new shoes each year isn’t unreasonable. We may not make a lot of money, but we make too much to walk around in shoes that are falling apart.

We spend so much time trying to convince ourselves that we’re broke because it makes it easier to resist overspending, but every once in a while we have to put things into perspective.

Don’t deprive yourself of basic necessities in the name of frugality. Walking around in tattered shoes or clothes to save money isn’t frugal — it’s cheap, and you deserve better than that. Frugality is about conserving, making the most of each dollar you spend, and shopping for the best deals. It’s not about depriving yourself.

We spent Saturday shopping for new shoes, and we ended up picking up two pairs of Converse sneakers on sale at Shoe Carnival for buy one, get one 50% off. Not only did we get a great deal on comfortable shoes, but we reminded ourselves that we are not as broke as we let ourselves believe.

Oh, organic food. Why are you so expensive?

foodincWeekend before last, Tony and I saw the documentary “Food Inc.” for free on his campus. It was an incredibly well produced, enjoyable film, even for people who aren’t into documentaries. But it scared the crap out of us.

I won’t go into gory details here. I do recommend watching it, but if you’re squeamish you might want to read about the issues on the website instead. The scenes inside the hatcheries and “farms” are pretty brutal. I’m not particularly squeamish, but it was hard for me to take.

I’ve never really liked the idea of something dying so I can eat, but I’ve never been a vegetarian either. This movie almost pushed me there, not just because I feel guilty, but because I have serious concerns about the sustainability of current farming practices, the effects on our environment and our health.

So. Where am I going with this? I have a point, I promise.

My husband and I decided to try a halfway approach to organic and sustainable food. We’ve always bought organic produce when we can. We shop in season and try to buy locally, which is good for the environment and for our budget. Organic meat is just so expensive. Our solution is to buy the expensive organic meat — only less of it.

This week at the grocery store, we bought a whole organic chicken (marked down 25% because the sell-by date is tomorrow) that we’ll cook tomorrow and use in three meals. We also bought a pound of organic ground chicken that we’ll use next week because it was on sale for half price.

I left the movie feeling pretty powerless. We spend all this time trying to make the right choices for our health and the environment, and yet so many decisions about our food are made before we even have the option to buy it.

Unfortunately, this won’t change unless we’re willing to change our lifestyles — and our budgets. It means shifting the grocery budget to allow healthier food without spending a fortune. The only uplifting part of the movie is that it reminds us how much power we have as consumers. If we demand healthier food from producers, then they will deliver. And as the movie says, “We vote three times a day.” Every time you make a choice about what to eat, you’re telling food producers the type of food you want to buy. If you choose healthier foods, they’ll get the message.

After finishing our grocery shopping this week, we felt empowered. Our grocery bill was only about $5 more than normal, but we bought all organic meat and more organic, local produce than normal. By making smart choices (like buying higher quality meat only less of it or stock piling organic foods when they’re on sale), we can minimize the impact on our budget and still eat a healthier, more eco-friendly diet.

If you want to get involved, you can sign a petition here asking that school lunch programs serve healthier, more nutritious food to children. Or you can also learn more about how to change the food system.

I usually try to keep politics out of my blog, but I really believe this is a bipartisan issue. It affects our environment and, most importantly, our health and the health of our children.

Our emergency fund is complete!

emergency fundTake a look at the progress bars in my sidebar! We’ve completed our emergency fund in just about 15 months and it feels FANTASTIC! Over the past year, we’ve saved about 30% of our income. Not too bad, huh?

We weren’t projected to complete it until next month, but I went ahead and moved some of our Europe fund into our Emergency fund to finish it up. Now we can focus on funding one savings account.

Over the weekend, we stashed our emergency fund in an ING 12-month CD. The interest rate on our ING Direct savings account has been steadily dropping since we opened the account. We started with a 3% interest rate, and about 15 months later it’s down to 1.3% and still dropping. With the CD, we lock in a 2.1% interest rate for 12 months.

I know what you’re going to say. Isn’t the Emergency fund supposed to be liquid savings? Doesn’t a CD smack you with penalties for early withdrawal? Well, here’s the thing: The penalty for early withdrawal is 3 months of interest regardless of when we withdraw. So the penalty is the same if we withdraw tomorrow or 11 months from now. If we leave the money alone for 12 months, we’ll earn at least an additional $80 in interest. Worst case scenario, we have a catastrophe and we have to withdraw early. If that happens, we’ll lose a little of that extra interest.

Based on my calculations, 3 months of interest would equal about $20. So even if we withdraw early, we’ll still make about $60 more with the CD than our regular savings account (and that’s if our savings interest rate doesn’t continue to decrease, which is unlikely).

If we run into a little hiccup that requires us to move some money out of savings, we could always borrow from the Europe fund, which is still in a regular savings account, without any penalties.

The way I see it, if we have to withdraw from our CD a little early to cover our car insurance deductible, for instance, then so be it. We’ve really got nothing to lose. We’ll give up a little of that extra interest. So what? The money is still accessible in the event of an emergency, and we’re not technically losing money that we invested. Just interest, which would be fine with me if it was a true emergency.

Another reason we made the decision to open the CD is to protect our savings. Now that we’re banking primarily with ING, it’s a little too easy to move savings into our checking account. I wanted an added layer of deterrent for us to leave it alone now. There’s no way I’m giving up 3 months of interest just because I want to buy something.

This is our second milestone (the first was paying off all of our credit card debt), and it FEELS GREAT. When we first started our emergency fund, I felt so overwhelmed. Our budget was so tight, how could we manage to save such a large amount of money? But I have to tell you, it is so worth the scrimping. Since I opened our emergency fund, I’ve turned into a savings junkie. I love the feeling of looking at our account, and feeling secure in the knowledge that we can handle anything that life throws our way. It’s so empowering.

If you haven’t opened an emergency fund yet, why don’t to grab one of my referral links and get started? :)

Photo by endlessstudio

Menu Plan: 10/3 – 10/9

We’re slowly trying to adapt our food budget to incorporate healthier, organic foods without spending too much more (more on that later). Unfortunately, that means we had another week over budget — $65.

I’m confident we’ll learn to balance organics and price so we can get healthy, local foods without blowing the budget. We’re just not there yet. :)

Here’s our menu plan for the week:

Saturday: Appetizers! Homemade hummus, bruschetta, Veggies and dip
Sunday: Roasted chicken with new potatoes
Monday: Vegetarian chili
Tuesday: Chicken quesadillas
Wednesday: Spaghetti with spinach pesto
Thursday: Mexican bean skillet
Friday: Homemade pizza

For more menu plans, visit OrgJunkie.