Category Archives: Frugality

Countdown to our move: 6 months

It’s now November, which means I’m beginning my 6-month countdown to our cross-country move. Since I’m planning both the move and our trip to Europe simultaneously, I’m getting organized early. I’ve decided to keep you posted with monthly updates of how we’re preparing.

moving box

Here’s what lies ahead in the next month as we prepare to move back home:

Start clearing clutter now.

Getting rid of things takes time, especially if you want to try to sell them. We’re starting to downsize now to ensure that we’ll have less to pack, move, and store this May.

Get your resume in order.

We’re undecided about whether or not I’ll be going back to work full time. It will really depend on how much Tony earns in his job. I’ll most likely be working part time until I have a baby, and who knows how long that will be. Tony, on the other hand, is looking for full time work immediately. He’s focusing now on updating his resume, scoping out opportunities, and networking. It’s a little early to start aggressively applying for jobs, but he may send out some resumes with interest letters in the month ahead to companies with which he’s interested in pursuing a job.

Start thinking about housing.

If you’re planning to buy a home in your new city, now is the time to start looking at real estate. If you haven’t put your own home on the market, it’s definitely time to do so.

If you plan on renting, now is a good time to scope out neighborhoods or apartment complexes. Ask around if you have connections in your new city to find out which neighborhoods are safest with the best education and transportation options. If you don’t have connections, a little research online can tell you a lot about apartment complexes and neighborhoods.

We’ve already decided we want to live in the Indianapolis area. We also won’t be looking for housing right away. We might stay with family an hour outside the city. My best friend and her fiance have also offered us the opportunity to stay with them in Indianapolis for the summer. We might end up doing that so I can start working immediately, and it’ll be easier for Tony to get to interviews and look for job opportunities.

Make a moving budget, and save, save, save.

Even if you already have some money saved, you can never have too much in savings when you move to a new city. Start putting together a rough estimate for what it will cost to move your things, get situated in a new place, and cover basic living expenses until you find a job or start getting paid.

Cut your expenses now to save as much as possible in the coming months. The more money you have in savings, the less stressful your financial situation will be when it’s time to move.

What do you suggest we do to start preparing now?

Photo by ahhyeah

Are you up for a challenge?

nanowrimoIt happens every few months or so. I get restless. I start feeling unfulfilled and bored. I want some excitement, something new, but I don’t really know what that something might be.

We all get in a rut sometimes. The question is, what do you do about it? Do you complain? Wallow in unhappiness? Or do you try something new? Take on a challenge and see where it takes you?

I’m constantly challenging myself to try new things and explore new interests. Most of them don’t stick. A lot of them end up being unfinished projects or even unstarted projects. But you’ll never discover new interests if you don’t challenge yourself with new things.

Quilting, photography, this blog … all of my hobbies started out with a trial run. And it’s time for me to take on yet another challenge.

This year, I’ll be participating in National Novel Writing Month. I will write a 50,000 word novel between November 1 and November 30. I already have an idea and a rough plot outline.

The purpose isn’t to write a great piece of literature. In fact, it’s likely that the finished project will be total crap. It will be rushed, unedited, and hastily written. But it will be a novel, and it will force me to write creatively every day for a month.

I haven’t written fiction since junior high, so I’m looking forward to this new challenge. At the end of the month, I may decide that I’m better off sticking with nonfiction for the rest of my life. Or I may discover a new passion for fiction. Who knows where this new challenge will lead me, but that’s part of the fun of it.

I’m going to try very hard not to let this new project interfere with my writing here, but the fact is, I might be a little pressed for time in the coming month. If I miss a day here or there, you’ll know why.

So how about you? Is there something you’ve always wanted to try? Are you hungry for a new challenge? Have you always wanted to run a marathon or make a scrapbook? There’s no better time than now to make it happen. Let’s make November the month of new beginnings!

Photo by olivander

What are you frugal weaknesses?

ipodTo most people, the holiday season is synonymous with family, spirituality, and tradition. Unfortunately, it also means we’re surrounded by marketing messages and inundated with consumerism.

No matter how firm you are in your frugality, this is one time of year when you’re likely to fall off the wagon. Whether it’s shopping for family or for yourself, holiday advertising combined with great deals can make it difficult to resist the urge to spend.

The easiest way to avoid it — or at least minimize the damage — is to be aware of your own weaknesses. It’s different for everyone. Whether you’re addicted to high-end shoes, high fashion, or just expensive gifts for friends and family, self awareness can help you avoid situations where you’re likely to give in.

Here are my top frugal weaknesses:

Electronics

Computers, televisions, gadgets, camera gear … I love all of it. So when I see a great deal, it can be very difficult for me to resist.

How to avoid the temptation: I don’t browse electronics stores or websites unless I need to make a very specific purchase that I’ve planned in advance. And on the day after Thanksgiving, I won’t be anywhere near an electronics store.

Gourmet Food

I’ve written before about my husband’s expensive taste in food, and I would be lying if I didn’t admit that I like pricey, specialty foods myself.

How to avoid the temptation: We make a specific grocery list every week, purchase only the essentials, and avoid browsing as much as possible.

Books

Once upon a time, my husband and I spent our weekends browsing at Barnes and Noble and rarely left without bringing home something new for the bookshelf.

How to avoid temptation: Browse the library or a friend’s bookshelf instead of the bookstore.

Gifts

Every year I’m tempted to spend way more than I can afford on the people I love.

How to avoid temptation: We already set a budget for how much we can afford to spend on holiday gifts, and we’re making a list now of the best gifts for everyone on our list within our budget. By planning ahead, we reduce the chance of panicking at the last minute and spending more money than we have to.

What are your frugal weaknesses, and how do you avoid them?

Photo by mallol

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?

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.

Unexpected benefits of life without cable

TV unpluggedDon’t you love when you make a life change for one reason, and realize that it benefits you in countless other ways? That’s kind of how we feel about canceling our cable. We made the decision to shut it off to save money. We were paying $70 a month for a service that we barely ever used. But after two weeks without cable, we’ve discovered a long list of other ways it’s improved our lives.

We have more time.

Now that we’re not wasting time watching junk on TV, we have more time to pursue other hobbies like blogging, reading, and listening to music. We still watch our favorite shows online at Hulu or on network websites, but we’re more purposeful about what we watch now. Plus we don’t spend countless hours zoned out while channel surfing and looking for something good when there’s really nothing on.

We’re more active.

I used to spend the evening parked on the couch on nights when Tony was in class late. Last week, when Tony was on campus and I was bored at home in the evening, I headed to the gym for my second workout of the day. On the weekends, we’re more likely to get up and get out of the house instead of zoning out in front of the Food Network.

Our house is filled with music again.

We used to keep the TV on in the background all the time, but only now that it’s gone have I realized how distracting and annoying it could be. Now when we’re writing or spending a quiet evening together, we play our favorite music in the background. It’s much more relaxing.

We’re branching out and watching new things.

It’s ironic, but only now that we’ve stopped channel surfing and feeling obligated to watch our expensive cable have we started getting into new TV shows. We rent TV shows on DVD from Netflix that we’ve always wanted to watch, like “How I Met Your Mother” and “Lost.” Our Netflix plan is only $8.99 a month for unlimited DVDs (only one at a time), but this is plenty to discover new shows and movies that we never had time to watch before.

Life without cable isn’t for everyone, but if you’ve been considering it, I say give it a shot! We still get to watch our favorite shows online for free, so canceling cable has been nothing but positive! Plus, we’re putting that $70 to better use!

Photo by puffsdaddy

The beauty of a monthly budget

budgetingWhen our no spend summer ended in August, I told myself we weren’t going to go overboard. I told myself we were going to keep our budget just as tight. I was wrong.

Just as I feared, we went a little overboard for the past month. So overboard that it’s only the 23rd and we’ve already spent all of our food budget. Oops.

But you know what I love about a monthly budget? I love that we only have to scrimp for the next 7 days, and then it’s a whole new month. I love having a clean slate at the beginning of every month. Last month’s mistakes don’t matter, because all that matters now is this month’s budget. I can start all over again.

Here’s how I get back on track:

Don’t wait until next month.

As soon as you realize you’re overspending, stop. We stopped a little too late this month, but we’re doing what we can now to control the damage and start fresh next month.

Make some changes to this month’s budget.

If you’ve overspent in one category, see if you can cut discretionary spending in another category to make up for it. I’m cutting down on entertainment and household expenses spending for the next week to make up for a little bit of our overspending in food.

Forgive yourself and move on.

Beating yourself up doesn’t change the fact that you overspent. It just makes you feel bad. Everyone makes mistakes. When you make a spending mistake, the important thing is to stop the bleeding, control the damage, and ride it out until next month when you can have a fresh start.

That’s what I love about monthly budgeting: you’re never more than a month away from a clean slate!

Photo by spiderpop

Bye bye, cable

TVLast week, we joined the legions of personal finance bloggers who have canceled their cable TV.

In August, our yearly “promotion” ended, and the cost of our cable and Internet increased from $97 a month to $108 a month. Of course, like a lot of people, we were talked into the digital cable/Internet bundle. We had digital cable with more channels than we ever watched, HDTV even though we have an old TV, and DVR. I have to admit, the DVR was nice. But lately I’ve been thinking about just how much TV we watch.

We have never used the On Demand services, and the majority of shows recorded on our DVR come from regular network stations. Like I said, with our busy schedules, DVR is nice. But here’s the thing: every single one of the shows we watch is available online for at least a week after it airs. We could basically watch them online on our own time without paying for cable or DVR.

When I made the initial call to get some information, they of course tried to talk me into keeping at least basic broadcast channels for $10 a month. What they didn’t tell me is those channels are free with a digital converter box or digital TV.

We’ve been trying to find a way to cut expenses ever further lately, and we’ve always planned on upgrading to a newer TV at some point before we move. Because we plan on buying a new TV in the next year or so, we don’t see any reason to invest in the digital converter box now since we can watch all our favorite shows online.

Canceling cable will save us $60 a month or $900  over the next 15 months. We’ll put that money in a separate savings account and use it to buy a new TV and a Playstation 3 after we move. We’re not big gamers, but we’ve been looking into a digital multmedia player that will function as an external hard drive and allow us to stream Netflix, photos, and music to our TV. Plus we’d be able to rent games if we wanted to. :)

Bonus: we’ll spend less time channel surfing and watching things that we don’t even really enjoy, and more time reading, blogging, and talking. It’s win/win!

I never thought I’d be so excited to cancel cable, but putting that money to good use has really motivated us!

Photo by adspackman