Archive for December, 2010

Recycling Aluminum Cans Update, A New Center

December 16th, 2010
Getting Paid for recycling

Getting Paid for recycling

My son started recycling Aluminum Cans as part of a school fundraiser so his 4th grade class could go on a special annual road trip to our capital.

Starting the Recycling Process

After the school fundraiser was over, my son realize that there was money to be had. and it helped the planet.  So showing off his budding entrepreneurial skills, he wanted to continue the recycling aluminum can activity.

So we collected cans for a few months, both my son and I crushed the cans, but I did the majority of the crushing.  My son didn’t get to experience the bagging of the cans, the transportation of the cans to the recycling center, the weighing of the cans, and finally the money received for delivering the crushed cans.  It was an interesting experience going to the recycling center, and not what I imagined it would look like.

Expanding the Experience

While driving about doing Christmas activities, my wife unintentionally discovered a recycling center in out local city near the edge of town.  Knowing that my son didn’t get to experience much of the recycling experience, she suggested next that I go there and take him along too.

This was a fabulous idea!  My only concern would be that this company is a middleman company that’s going to pay us a lower rate, but even if my fear is true, that could be a great learning opportunity for my son!  I could explain to my son how this middleman company just collects the cans paying the people a lower payout than the payout that we received when I took them to the larger recycler up where I work at.

Conclusion

I’m excited about the local recycling center that my wife found!  This will broaden my son’s experience with the entire aluminum can recycling process!  Once we get the next bag full ready, I think I will let him do the talking with the people at the new center.  I will just be backup in case something isn’t clear.

I’m look forward to seeing my son expand his business experience with this small venture!

-MR

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Using Technology to Optimize Christmas Shopping

December 15th, 2010

Shopping via the Internet

I use the internet to shop frugally all the time. In fact, if you don’t use bargain sites (like woot.com, and  PriceGrabber.com ), you are missing out on potentially big savings.

Then there are sites like Craigslist and Ebay that offer great deals, or in eBay’s case, hard to find items that may be impossible to find otherwise (for example, trying finding: “The Hootin Hollow Haunted House” at Walmart)!

Often in the cases of the big stores with many physical locations, you can use the internet to find something at a remote store, and have it delivered to you at your local store shipping free!  It’s a great savings to you.

There are other ways to optimize buying online as well, but today I’m going to mention an uncommon method that my friends and I sometime use to buy things in sharp demand during the Christmas season!  First, as you well know, the hard to get gifts are posted on ebay but often at a premium.  The markup can get kind of crazy via ebay actually…  My friends and family use a cheaper solution!

System Used by Family, Friends and Neighbors:

  • We use the internet to locate any shipment of the “hard to get” product (sometime even calling a store, and asking them to check their inventory online system) that one of us is interested in.
  • Next, we go call that store and ask if they can put the item on hold for a few hours.
  • Then we call the  friend that lives close to that store and ask them to purchase the item.
  • Finally, depending on the distance of where the friend lives, we either have our friend ship it via a postal service, or coordinate a picking the item up the next time we get together for lunch or dinner…

I know the 4 steps above doesn’t see like much, but it is!  The alternative would be tor keep trying for days to get the item from stores in the area, or pay a huge premium on ebay…

Readers, do you have an optimal system you’d like to share?

-MR

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Frugally Fight Higher Gas Prices

December 14th, 2010
High gas prices

Fight back against gas prices!

Well, the oil companies are increasing oil prices again…

What are you doing to frugally fight higher gas prices?

Should we just say “There is nothing we can do” , and just be an innocent victim to the onslaught of the oil companies on our wallets and purses?

Last night while driving home, I noticed that my local gas station’s price per gallon has risen to $2.999 (which is effectively $3.00)!  Ouch!

I talked about one option in my article called: Carpooling to Save Money and Reduce Gas Prices, and this is a great way to for the consumers to lower gas prices to a great extend, at least if we all do so in mass.  One problem may exist though… China!  China is still growing like wildfire compared to the growth rate of the developed countries.  It’s not that they want oil prices to rise too, it’s just that their economy needs that resource to support their growth rate.

Another great option to consider is Telecommuting! In case you lived in a cave for the past 10 or so years, telecommuting is where you stay at home and connect to work (or do work) by connecting to work via a computer and internet connection (called a VPN – Virtual Private Network) to your place of employment.

Now granted not everybody can take advantage of the telecommuting option because of the type of work they perform, but you can talk to your boss if there isn’t a policy that your employer is using already!  Perhaps you can start a pilot program, working 1 day a week as a test to see if it work for you and your company.  In fact, the place that I work at takes an hybrid approach, where we work onsite a few days and have the option to work offsite for a few day.  It’s a great mix!  Even better would be to walk or ride a bike if possible to work and at anytime really…

My final suggestion would be to be aware of the expense of too many car trip taken during the day/week!  Running out 20 miles to this store and then later that store during a normal day can really adds up!  Know the mileage your car can achieve and calculate how much those trips cost (including the drive back home).  For instance,  I know that it cost me $15 to drive to my parents house and back (they are almost an hour away from my house)!

What I do is consolidate my non work trips into 1 per week (when possible, which is not always the case with kid sports and activities)!  What this means is during one drive, I do multiple things within that drive.  So instead of driving out for milk, then driving out to pick up driveway salt (snow, yuck)…  I’ll just make 1 trip instead of 2!

I know that we  all think of carpooling when we go to work, but perhaps it’s not a bad idea for a neighborhood carpool too?  Maybe a stay-at-home mom could do a similar action with other neighboring SAHMs?  There could even be other beneficial gains in doing such a carpooling activity such as social, safety and backup coverage in driving kids to sports!

Can you think of any other ways to combat the rising prices of gas?

-MR

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Christmas Experiences During The Great Depression

December 13th, 2010
Food line during the depression

Food line during the depression

Today, I’m going to travel back in time to talk about the Christmas experiences that my grandmother told me about her childhood growing up during “The Great Depression“.  Now granted, she was about 4 years at the time The Great Depression started, but she had an iron trap memory, and I think it’s a story worth telling.

Let me start by saying up front, that stories like the one I’m about to tell you helped formed my frugal habits in life.

Shortly after my grandmother was born, tragedy struck!  While driving a dog to friends in Pennsylvania, her dad got stuck on the railroad tracks and was hit and killed by a train.  Back then life was different, there wasn’t any government aid to help my grandmother’s mother in cases like this!

So my grandmother really didn’t know much about her dad, all that she told me was that he was a typical middle manager in some manufacturing plant of some sort.  But after he died, it didn’t take long for the money that they had save to evaporate with quickly with time…

My grandmother’s mom eventually got a job cleaning houses in which all four kids would help out.  It was a hard life from the beginning for my grandmother and her three siblings (2 girls and 1 boy).

Christmas was an especially hard time for the family.  They didn’t have any money, and I’ve never heard of any mention of a Christmas Tree in my grandmother’s childhood (I do remember her mentioning Christmas stockings though).

Being the curious kid that I was, I’d ask my grandmother what she got for Christmas.  And she would explain to me how instead of gifts, they might get a piece of fruit (an orange), or a piece candy (no chocolate though).  Once she told me that she got a ball and jacks.  And another Christmas, she got clothes made from an old drapery that one of the clients that her mom work for was throwing out (the older kids hated these she said, but she didn’t mind so much).  This was special because the material of the drapes was an expensive type of material…

Now you might think that she was singing the blues to me, but when I told her how I thought that was horrible, and she said that it really wasn’t, and that’s just how it was back then!

If you were to watch TV, sad music would be playing and the kids would all have glum faces as they come down for Christmas to their nonexistent Christmas tree (no Grinch to have a change of heart and save the day in this story) and they would shed a tear or two, feeling pity for themselves.

But it was never that bad!  She said that they would sing and enjoy each others company.  There was great strength in their family, because they knew the world dealt them a bad hand, but they were determined to make the best of it.

I guess that may be why I sometimes route for the underdog and have the Lemons to Lemonade category on my blog…

Being an adult now, I think she sugar-coated it at least a little so I wouldn’t be depressed at Christmas.  I’m sure she felt the bitterness and envy that comes with being a smart but poor kid at Christmas.  But instead of hating the holiday, she made it one of her favorites!  She truly was a brilliant and excellent teacher in my life!

After she was a married and had kids,  perhaps this is the reason why Christmas was always over the top for her and she tried to make it a great experience for her kids and grandchildren.  Her presentation of Christmas was the closest I’ve ever been to experiencing something magical as a child.  Not just for the tree and gifts!  She would play her organ and have the kids sing Christmas songs.

Perhaps this is also the reason that I put my kids first, and want them to have a step up in life, on both personally and financially level.

Thanks for letting me share a bit of my family history and hardships,

MR

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MR Cache 2010, Dec 11 – Year End Holiday Traditions

December 12th, 2010

Weekly Thoughts:

Wow, this week has been a constant run, I’ve never had such a packed week of holiday activities!  We actually did both our Christmas diner and the cutting of the Christmas tree on the same day!  Talk about hectic…

This will be the last year that I rush all of our traditions together.  After all, it’s suppose to be enjoyable, not a chore!

My Favorite Reads of the Week:

Young And ThriftyHome Theater PCs: A Cost Effective Way To Save Money

Watson Inc.:  7 Reasons for (and Against) Tracking Net Worth

Spruce Up Your FinancesTapping Your 401k Plan: The Pros and Cons of Taking Out A Loan

Personal Finance By The BookThe Story of Irvin’s Christmas Tree

My Personal Finance JourneyDebt Free Christmas: Saving You Time and Money

My Journey To MillionsWelcome Baby Boy

MomvestingStop Standing In Your Own Way

Moneycone.comIf Apple Were A Search Engine Company…

Grumpy Rumblings of the UntenuredKids’ and grownups’ board games

First Gen AmericanBabci’s Rules of Personal Finance

Financial SamuraiThe Clubber’s Guide To Saving Money And Having A Good Time

Financially Poor3 Money Saving Tips for 2011

Everyday MinimalistA Minimalist’s Fridge: What it looks like during the week

Everyday Tips and ThoughtsAll You Need Is Just A Little Patience…Tips For Increasing Your Patience Level

Consumerism CommentaryLife After Salary: Structure and Motivation

Budgeting In The Fun StuffCould You Survive?

Aloysa’s Kitchen Sink“If You Don’t Know, You Can Feel It Somehow”

101 CentavosAnd Now For Something Good to Eat: Beer Bread

My Favorite Post from MoneyReasons.com for the Week:

This week it was Things That Make Us Happy!

Carnivals I Participated In:

Canadian Finance Blog:  Canadian Finance Carnival #14

Closing Thoughts:

Since I had a horrible headache while doing the first version of this post, I decided to keep it brief this week, so no analysis of the post I linked to!

-MR

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