Showing posts with label saving money. Show all posts
Showing posts with label saving money. Show all posts

Monday, January 30, 2017

Handy Dandy Sassy Tips

I know you're going to enjoy this week's guest, the super sassy Susan Swiderski!

It's a real honor to be here with y'all today, but before I share some appropriate (and okay... some inappropriate) handy-dandy tips with you, I feel it is my civic duty to issue a warning. One of the ladies who runs this blog is... now how shall I put this delicately?... a tad underhanded. (gasp!) I know. Shocking, isn't it? When inviting me to serve a stint as guest blogger here, Tammy called me... sassy. Yeah, sassy. Not saggy... sassy. How in the world could an old broad like me possibly say no when she threw a word like that at me, I ask you? It's been quite a few years since anyone associated that word with me, so I'm just gonna wrap it around me, and savor the feeling. Yep, that's me... classy, sassy, and a bit smart assy. Okay, not entirely true. But I am a bona fide smart ass, so you'd be wise to take what I'm about to tell you with a handful of salt.
Okay, ready for some nifty neat-o some-of-'em-even-work time-saving and money-saving tips?
  • Most of the things you waste time worrying about never happen, so cut it out! Worrying causes stress, gives you wrinkles, and wastes valuable time you could be using to do something much more worthwhile, like eating ice cream or sucking face with your fella. Besides, worrying never changes a darned thing. Never.
  • Clean up messes as they happen. I know it's tempting to ignore that mini-mountain of cereal you just knocked onto the kitchen floor, but don't. An even better alternative? Have at least one dog and one cat in your home. Believe you me, pets make an unbeatable clean-up team. Plus, cats with a propensity to arf provide you with the perfect incentive to clean your floors and carpets... one small area at a time.
  • To cut down on mildew, wipe down your shower walls and tiles after each shower. If you have a shower curtain, give it a couple good whacks to knock off excess water, and then leave the curtain closed to allow it to dry more quickly. Better yet? Join a gym. Then you can take all of your showers there, and let somebody else worry about mildew. As an added bonus, you can even spend a minute or two exercising while you're there. Might as well. Or you could do it my way... I do lots of diddly squats around the house every day. 
  • If you insist on wasting money and water by continuing to take your showers at home, rather than join a gym as I suggested, you may eventually notice the shower head isn't quite as squeaky clean as it used to be. I suppose you could go all Martha Stewart and scrub it with a toothbrush or something, but how about this? Secure a plastic baggy of vinegar over the head overnight, and ta-DA! Just like magic, all of the residue disappears. (Even though you want to be frugal and all that, I wouldn't recommend re-using that vinegar in your next salad... it's a tad on the soapy side.)
  • When lemons and/or limes are on sale, buy extra. Squeeze the juice out of some of them and freeze it in ice cube trays. Once it's completely frozen, you can store the cubes in a plastic bag. One cube equals about a tablespoon of juice. 
  • Some recipes call for buttermilk. I don't know about you, but we don't drink that stuff, so it'd be a waste of time and money to run to the store to buy it for a particular recipe, when I know the rest of it would just end up down the drain. No problem. I don't have to go to the store, and neither do you. Just add a tablespoon of vinegar per cup of good ol' normal milk. It's a perfect substitute.
  • Planning a dinner party, but hate the idea of wasting money on fancy after-dinner mints? So don't! Freeze a colorful tube of toothpaste, and then cut the tube open, and slice the paste into wafer-thin treats. Instant fresh breath!  PLUS, everyone saves time by skipping the usual after-dinner tooth-brushing routine. Win-win!
  • If you're in a hurry, or have somewhere you absolutely have to be, never ever make eye contact with your spouse while eating a banana. 
  • Need to drop some pounds in a hurry? Eat raw pork or rancid tuna. You can lose up to twelve pounds in only two days, without having to fork over one red cent on any of those dangerous diet pills. 
  • To save money on toilet paper, borrow it from work. Not whole, unopened rolls, mind you. Just rolls that have already been started. No one will ever notice. And, um, I'm using the word borrow facetiously. No need to return it. When you get down to the empty cardboard roll, you can put that to use, too. If you cut it lengthwise, you can put it around a roll of opened wrapping paper like a cuff. Keeps the rolls looking much neater. If you care about such things. If you don't, just throw it away. No skin off my nose.
  • Wanta save big money on your electric bill? Turn off the lights. Yep, all of them. If everybody wears a miner's hat, there's absolutely no need to turn on a lamp.
  • While we're saving money, here's another handy tip. Don't waste any money on one of those little address books for friends' addresses and phone numbers, either. Don't you get free phone directories? There ya go!  Just cross out the names of people you don't know. 
  • Here's a reeeeeeally big money-saver. When you go out with friends, leave your wallet at home. You can save yourself a bundle! However, you may eventually have to find new friends. 
  • And finally: be nice. Really. Going out of your way to be nice, especially to your spouse, will save a lot of time that might otherwise be wasted in argument. Most of the time, being kind is much more important than being right. (If all else fails, reach for a banana. Make eye contact at your own peril.)
Until next time, take care of yourselves. And each other.
Best wishes from Susan, long-time housewife, and visiting SOB
(Sassy Old Broad)

Susan and her husband transferred from Maryland to Georgia in 1971, and have lived in the same so-called starter home ever since. (Too lazy to pack up all their stuff!) She was a stay-at-home mom, and after the kids all flew the coop, she was perfectly happy to continue being a kept woman full-time homemaker, as well as a perpetual you-name-it-and-she'll-do-it volunteer. Since her hubby Smarticus retired fifteen years ago, they've been enjoying plenty of spur-of-the-moment adventures. (With the right attitude, everything is an adventure!) She has written one novel, Hot Flashes and Cold Lemonade, and helped put together a poetry book for charity called Old Broads Waxing Poetic. She blogs most Fridays at I Think: Therefore, I Yam

Wednesday, April 6, 2016

E: Eco-living!


Welcome to E day with the Housewives! If you've followed my posts in the past, you've probably caught on that in addition to being a giant SF/Fantasy nerd, I'm also a huge penny-pinching eco-geek. I like to keep my house as earth-friendly as I can, but on that strict budget I keep that means getting thrifty and choosy about the eco-solutions we find. Who can afford solar panels to run the 10 computers in our house, anyway??

Fortunately for us home bean counters, the good folks with the UK magazine "Good to be Home" compiled a fabu infographic with 50 ways to go green at your home without spending extra. Sometimes without spending a single dime!

Credit: www.anglianhome.co.uk
50 ways your Home can save the Earth infographic

So what are YOUR favorite ways to stay green and save money at your home?


Monday, November 30, 2015

5 Tips for Surviving Cyber Monday

A TV worth braining Granny for in the UK last year.
Courtesy Daily Mail.com
Did everyone survive Black Friday? If you're reading this, I'm assuming you haven't fallen to the zombie hordes during a fight over portable electronics or accessories.

And if you are one of the lucky ones who made it out alive (and with some remnants of currency left in your pocketbook), then you're probably already embarking on the joy and terror that is... *enter Rod Serling impersonater* CYBER MONDAY.

Even though you'll be doing it from the relative safety of your a computer screen at work or at home (possibly even in your jammies and you lucky SOBs know who you are), there are still plenty of perils to be avoided and on this spendiest of weekends. The biggest of those perils is too often overspending. Just because it saves you $100 now doesn't mean you really NEEDED that combination Roomba/Coffee Maker/Wine Decanter, right? So here are some quick tips to help get you through Cyber Monday with sanity AND money intact:

1. BUTCHER THE HELL OUT OF YOUR LISTS. Make lists, check them twice, then ditch anything you don't really need. Now think about everything you just hauled off to Goodwill during your last cabinet and attic raid and remember how excited you were to get those gadgets on sale. NOW go through the list again and try to imagine how long before you shove this year's gadget of your dreams to the attic... and then to the Goodwill pile.

2. STAY ON TASK. Those ads, those beautiful colors, the flashing lights... all telling you how much you need this multi-function foosball/ping-pong/air hockey/puzzle table to reinvigorate your family game nights. Ooooh! Or this at-home soda maker with healthy and all natural additives, and some nearly natural colors. DON'T GET DISTRACTED *whiplash*. If you go into your Cyber Monday shopping knowing that you need a Star Wars present for little Becky, vacuum for Mom, or to replace your threadbare towels in the guest bathroom, stick to it. No buts, just do it.

Edina and Patsy are fabulous, but
probably poor choices.
3. DON'T SHOP ALONE. There's no shame in admitting it - it's hard to police ourselves. If nobody sees us cheating on our diet, or splurging on that little item, it doesn't count, right? Wrong. And we know it. That's why this tip is true for every day of the year - don't even go to the grocery without a watchful eye if you can help it.

4. PICK A RESPONSIBLE SHOPPING BUDDY. It should go without saying, but make sure that the person you choose to help keep you honest this shopping season isn't a shopaholic fashionista in faux-Target slacks.


And last, but not least...


5. DON'T SHOP HUNGRY. Did you think that was just for grocery shopping? Heck no. As any Snickers commercial will tell you - hunger makes you crazy. At the very least, hunger can make you rush decisions and react more negatively to situations that normally wouldn't ruffle you, like when the website inevitably crashes and makes you start over just as you're buying the shopping cart you painstakingly filled. (ah, technology...) Make sure you start your Cyber Monday on a full and happy stomach, otherwise you'll be adding a monitor to your list to replace the one you just threw out the window.

Until next time - HAPPY SHOPPING!

Monday, November 2, 2015

Mortgage Straight Talk - Choosing a 15-yr or 30-yr term

HI EVERYONE!!! I’m Ashley, and I’ve been looking so forward to sharing this first post with you guys. This is a topic that is near and dear to my heart and it's a little bit long (in true soapbox fashion). But I promise it'll be worth it!

Here’s the scenario: Think back to your experience buying your first house, maybe even your second or third house. At any point during your purchasing experience, did the mortgage consultant or sales rep really give you the full picture of a 15-yr vs a 30-yr loan? OR give you the tools to make the analysis yourself? Chances are you, like most Americans embarking on purchasing their first or second home, never heard the difference between the two aside from the monthly bottom line, let alone the myriad reasons why one might be better for you than the other.

And that, my friends, burns my biscuits.

If you’ve heard much about them at all, you’ve probably heard the common wisdom that you can keep your payments flexible and lower by choosing a 30-yr and making extra principal payments each month to pay it off in 15 years. And if you’re planning on staying in the house for more than 10 years and having payment flexibility is a concern in your budget, this is a rock solid plan. HOWEVER, there are two big caveats that keep this from working for the majority of the population:
  •        The average length of time homeowners stay in one house now is only 5-8 years, and
  •        It takes a lot of discipline to keep ignoring the calls of life redirecting your extra cash to the mortgage when it isn’t required on the bill. You know what calls I mean.... We are waaaay to good at justifying purchases to ourselves, especially when it’s something for the household and not directly for us. That shiny new TV was for the family, not us, right? RIGHT? 
So what considerations do you really need to keep in mind when deciding if a 30-yr or 15-yr is right for you? I’m glad you asked! The following checklist assumes 100% financing since it’s the most common loan for first time homebuyers.

A 30-yr mortgage is probably right for you if:
  • You can only afford the payment on a 30-yr for the loan amount you’re seeking.
  • You plan to stay in the house for at least 10 years (even better if you can make the extra principal payments)
  • You plan to invest the payment difference responsibly in retirement or other funds that will yield growth at least relative to the difference in the interest payments
  • POSSIBLY for the income tax reduction. See the notes on Taxes below to help you weigh the impact of the added deduction.

A 15-yr mortgage is probably right for you if:
  • You can afford the difference in payment easily – then take the 15 hands down. No contest!
  • You only plan to be in the house 5-7 years. Even if you think there’s a chance you’ll have to put your house back on the market in that time. See the chart below for the evidence as to why a 15-yr knocks a 30-yr out of the water in the short term.
  • You are close to retirement and foresee a need to reduce living expenses. Home equity lines of credit can be powerful financial tools in the case of emergency or illness, but they require equity.
  • The interest rates are higher. When the rates go up, the benefit of a 15-yr over a 30 really explodes.

Taxes (AKA, payin’ the Man):
I’ve had the conversation with many friends who were convinced that they needed the higher interest for the income tax deduction come April 15th.  After we did the math, that only turned out to be true for about half of them. If the higher interest will reduce your taxable income enough to lower your tax bracket, then this is probably a strong consideration for you. If not, you can estimate the value of the higher deduction to your tax savings as:
(Taxable Income2 x Tax Rate) – (Taxable Income1 x Tax Rate) = Tax Savings
In other words, if you make $75,000 a year in a 25% tax bracket with anticipated itemized deductions of $13,500 with a 30-yr loan or $12,000 with a 15-yr loan, your tax savings for paying $1,500 more a year in interest is only $375. Surprising, eh? And not in the awesome finding-money-in-the-laundry kind of way, either.

The Really Real Numbers - Finally!
WHEW! Time for a breather! If you’ve hung with me this long – you are a rock star. Finances are never fun reading, but our home is the biggest asset most of us have, so knowing how to get the most out of it is crucial to our family’s financial well-being. So, if you’re the finance-savvy rock star I think you are – this next part is for you! To play with the numbers and make them match your circumstances, download the full amortization schedules here for each of the scenarios demonstrated below.

Below is a summary of what to expect from the first 5 years of 3 different $150K mortgages:
  • A standard 30-yr loan with no extra payments
  • A 30-yr loan with extra principal payments (the total additional payment is the average of the principal payment cost over the 5 years)
  • A standard 15-yr loan with no extra payments

The loans use the current rates listed on a national bank site as of 10/23/2015 and assume 0% down payments with a start date of Jan 1, 2016. Total Escrow (insurance/property taxes) + PMI has been estimated at $245. 
Terms: *Equity Earned = Original Loan amount less the Principal Balance After 5 Years
**Net Gain = Equity Earned less Total Interest Paid. Interest Paid represents the cost of the loan. The goal is to minimize the cost of the loan while maximizing Equity Earned.


Still hanging in there with me? Then you probably just noticed that Option A left you in not much better shape than having paid rent for 5 years. Granted, your sales price may be higher than what you paid 5 years ago, but in this buyer's market there are no guarantees. Then you get to add in the cost of any repairs you'll be required to do (that can include appliance and carpet replacement, roof repairs, costly structural issues, etc), the 6% broker's fee, and the other closing costs sellers are expected to pay in markets like we're in now. Even after paying down your mortgage nearly $15,000 in 5 years, you could still end up paying out of pocket to sell your house. And I can promise you that it really does happen. In fact, it happened to me just a few years ago. 

That was when I vowed that "With God as my witness, I will never go [uninformed] again!" And hopefully I can also use these experiences to help others make the best decision for them along the way.

Thanks for sticking out my first post with me, friends! I promise the next post will be more light-hearted ;-)  In the meantime, don't forget to download the amortization schedules tool for your own use!

Wednesday, September 23, 2015

Keeping It Cheap

Some things don't have to be real to be good. 


It's Wednesday, and our cheap streak goes on!!

Today, we're going to consider cheap swaps that are not only better for your wallet, but are also the healthier options.

Healthy Swaps!

*Making a cake? 

Ditch the oil. Just mix up the cake mix as directed, sans oil. You'll never miss it. Cakes may be a little less spongy, but they'll also be hundreds of calories lighter. But you will want to avoid overcooking.

*Making chili or tacos? 

Add beans to the burger. I add a can of rinsed black beans and a can of fat free refried beans in my "taco meat".


*Eating out?

Order water instead of the soda to drink. My big family of six can save an average of $12 per check. Another added benefit? My kids have grown to prefer water to sugary drinks.

There you go! That's just a few cheap swaps that are also the healthier options. You know any good tips? Feel free to share, and we'll gladly steal try them out and share them later!





Monday, September 21, 2015

Being Cheap and Easy


Okay, not quite what I meant, but since I have your attention:

Here are 7 great ways to save money without sweating, or heavy breathing.

Money-Saving, Get-Lucky 7!

At Home:

1. Repurpose old clothes into rags. I probably buy less than four rolls of paper towels a year. Instead I have a "rag bag" of old clothes, sheets, and towels cut into squares I use for cleaning. They're cheap and usable over and over.

2. Rubbing alcohol to clean the bath. I get bottles of rubbing alcohol from the dollar store and put it in spray bottles for quick bathroom clean-ups. It's a disinfectant, so a quick shot on handles and door knobs assure me I'm in a germ free spot- and it cleans mirrors squeaky clean!

3. Save those grocery bags! I don't buy kitchen can liners. I have a grocery bag-sized garbage can under my sink, and I line it with the store bags. When it's full, I carry it to the curb, which gives me plenty of free exercise walking back and forth.

Online:

4. Don't buy today what you can get a coupon for tomorrow! Online shopping? Log into the site with your email address, put what you want in the cart, and then walk away. Usually withing twenty-four hours a coupon will arrive via email. Now, go and buy what's in your cart.

5. Got to buy it today? Do an internet search for the site you're buying from. Let's say you're buying jeans form American Eagle, before you buy, search "American Eagle Discounts". Groupon and Retail Me Not are two of my favorite spots for reliable discounts.

6. Ebates! Have you tried this? While online shopping, start at the Ebates site and put in what you need or the store you plan to shop at. If it's a participating store, all you do is follow the link provided, shop, then later get a check in the mail. You can even get more money back by referring friends, such as: Click this link (Ebates) and I get credit. Pretty sweet for me, right?

7. While shopping in stores, keep your internet-linked phone handy. Before making a purchase, scan the product bar code and look at competitors' prices. I needed a printer, so I went to Wal Mart, scanned the bar code (there is an app for that!), and found one listed cheaper at another retailer. I showed the cashier and got a price match.

There you go, how easy is that?




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