Archive for the ‘Frugality’ category

Do You Look Poorer Than You Are?

January 31st, 2012

A recent conversation with a colleague at work made me realize that I look and dress poorer than I am.

During a soccer tournament this past fall, my daughter’s team went to a water park called Kalahari Resort where her soccer team competed.  Now to participate in this tournament, the parents would have to pay for a few nights at this expensive (but still affordable) water park.  Now in the past a younger me would have said “WHOA!” wait, that’s crazy expensive…  The trip came to around $500, and while not cheap, still doable.

Now here is where it gets interesting…

The work colleague that I mentioned earlier was in the break room talking about the trip to a subordinate in her department.  I commented on how great her son was and she started talking about the tournament to me.  I agree and said I thought it was a great time for my daughter too.  At that point, she got a funny look on her face.  She said “YOU, were there?“  Which I replied “why yes, it was a wonderful experience for my daughter“.  She then started asking me about the trip and if I went inside the water park.  So then I actually had to prove to her that I was there by pointing out some of the highlights of the park and some of the game play that happened on the field.

 

 

I didn’t put much though into it at the time, but now I realize that she was really questioning me to see if I really went.  It was a pricey trip, and she’s a VP, so I guess she thought such a trip would be out of my price range.  I think she started asking about features of the park because she didn’t believe I actually stayed at the hotel!  Now I don’t know her well, so I guess if you judge me by my clothes and car, it would make sense that such a trip would be out of my affordability range…  Perhaps if it was an event that happened every weekend, it really would be outside of my price range…

While I’m not rich, it made me start to wonder how many people are out there that are very rich and dress like they are poor?

This might surprise people, but I bet the majority of people who are rich don’t necessarily want things that are fancy, no flashy cars, or Armani suits…  I’m not just talking “millionaire next door” types either!  Look at Sam Walton or Warren Buffett, both were super rich, but didn’t look the part, no Great Gatsby’s there!

If you were rich, do you think you would look the part?  I know I would buy a little more trendy clothes, but not much!  And for my car, a normal sedan or SUV would be enough for me, although perhaps a Lexus for the car, that’s not too luxurious, right?

Anyway, I just thought I’d share my story with you, I hope you got a chuckle out of it, I did!

MR

Frugality Taken Too Far – The Great Egg Switcheroo

January 23rd, 2012

Frugality isn’t robbery, or at least being inconsiderate of others!

As I mentioned in a previous articles, I’m starting to lose weight, trying to alter my lifestyle.  Part of my routine is eating two eggs in the morning for breakfast during the work week.  My morning stable has been two eggs.  I’ve actually always been a big fan of eggs, so I’m very familiar with both the weight and the shape of extra-large eggs.

This past weekend, my wife went shopping and I asked her to pick me up a carton of eggs, since I was down to my last two.  So she returned from the store, and my extra-large carton of eggs was in the fridge as expected.  Today, I decided to hardboil my eggs for my breakfast meal for next week.  I picked up the carton out of the refrigerator, and had a feeling something was wrong.  I open the carton up, and all 12 eggs were there as expected, so I chalked it up to nothing and started getting ready to cook them.

 

white egg

 

So I proceeded to cook up a batch of 12 eggs.  After my 15 minutes of cook time, I drained the eggs and was putting them in the carton when it hit me!  The eggs were wrong!  They were much to small and light.  Actually I think it was when I put the eggs back into the carton and they were so loose that I realized that someone has switch the extra-large eggs for a smaller size (guessing I would say they were medium-sized eggs)!

This cheap act that someone performed means that I only get 75% or less of what I would normally eat if I were to have two extra-large eggs.  I was steaming mad!

So some person swapped out the extra-large eggs that should have been in the carton for medium eggs (or large eggs).  Such a moved probably saved them 20 cents per carton.  So this darkly frugal person, saved less than a quarter and in the process ripped me off.  Nice…

So if you find yourself in the store getting eggs, make sure you open the carton and even take one of the eggs out, because who know what kind of unscrupulous person may have performed an Egg Switcheroo on you too!

Be forwarned friends!

MR

 

Frugally Saving Money By Taking Advantage Of A Very Unusual Opportunity

November 22nd, 2011

Roadkill is not what I consider a treasure, but this was not the case with a guy I use to work with!

The Frugal Practice of Eating Roadkill

Over decade ago, when I was working as an unskilled construction laborer, I was riding in the truck with my more skilled counterpart going to a remote job when all of a sudden, he slammed on the brakes.  This sudden stop broke me from my half sleep-like state (It was round 6:30am), and I asked what up.  But my more skill counterpart didn’t say anything and was already out of his driver door.  I watched in the mirrors to see what he was going.

I was shocked when he started checking out a deer, and hoisted it into the cab of his truck.  I had no idea why he was doing this.  He then got into the truck and told me that we are going to make a side trip on our way to the job site that we were suppose to work at.  He then proceeded to drive me another 10 minutes until we got to his house (I could hear the violin and banjo playing from the movie Deliverance the entire time), then he took the somewhat freshly killed deer out of his truck and up to his house.  He went into the house for a few minutes, then returned back and we were back on the road heading to the construction job that we supposed to go to.

It turns out that the area that we were in was very close to his house, and seeing the freshly killed deer alongside the road was an opportunity that my co-worker didn’t want to pass up.  While I didn’t want to criticize him, I posed the question of how safe it would be to eat the animal.  He that’s when he told me his logic:

The hunting season was almost over and he didn’t fulfill his quota that he was allowed to get, so he saw this as an opportunity to get one more “kill” that he could claim.  Apparently his family loves deer meat.

He then told me that he drove up this road earlier to pick me up, and the deer wasn’t on the road at that point.  This means that the deer was freshly killed, and not necessarily by a car.  Sometimes a hunter will shoot a deer, but it will continue to live running away for sometimes miles before falling.  He then told me that this was the case in this example (although, I don’t know if I believe though, nor the quota explanation either for that matter).

The Reasons this was Frugal:

While I wouldn’t have done the same as my older construction co-worker, throughout the day I found myself thinking back to his actions, and I started to see the logic and benefit of what he did.  Here are the key points to consider:

  • Had the older construction hunter not stopped and picked up the deer, it would have been wasted and possible rotting along side the road for weeks.
  • Since his family would both prepare and eat the meat, it was probably equivalent to finding a couple of hundred dollars or more laying along side of the road.  If I saw $300 laying along the side of the road, I would definitely have stopped to pick it up.
  • Since the kill  was fresh, he was able to get it back to his family where they could clean and dress the meat.  He told me that they also had grinders at his home and they would ground up the meat effectively fully utilizing the deer meat (or venison if you will).
  • He explained to me how they have a freezer and would freeze the meat for later consumption over the next month or so.

Honestly, at first I was quite repulsed by his actions, especially considering he had a crazy look in his eyes as he was going so, but now I realize how unconventionally frugal his actions were.  I didn’t know of the word frugal or frugality back then but his actions were definitely in that money saving camp.

So now, today I look back and applaud him instead of look down on his activities.  And I think both frugal and green folks would do the same.

What do you think of the older worker’s frugal and unconventional method to save money?

MR

Being Too Frugal Almost Got Me Arrested

November 16th, 2011

Frugal During College

Sometimes, I was too frugal back in my college days.

Since money was tight back then, my friends and I were always looking to do things on the cheap!

Back then, my friends and I all worked out regularly.  My best friend (at the time) and I were especially into fitness and our appearance.  We routinely worked out and not to brag, but we looked pretty good.  Well, one year along came spring break and neither of us can afford to go.

Since we didn’t want to look like we didn’t go somewhere, we decide to try and get a tan during spring break.  There were three of us that couldn’t afford to go anywhere that year.  Well, my one friend Matt decided that he wanted to sunbath on the roof of the dorm that we were staying at.

So we strolled up to the door, and it was locked.  Now, that was enough for me to start back the way we came, and that’s what I started to do, at least until I heard the loud crash.  Lo and behold, Matt (who is build like the comic book version of the juggernaut) kicked the steel door open. Both my best friend and I looked at each other, shook our heads, then went through the door to the outside with Matt.

Being Too Frugal Did Get Other Friends Arrest

While neither my best friend nor I was into the stupid act of kicking the door open, we figured, hey we’re here…  So we all went out in 40 to 50 degree weather to sunbath (we just took off our shirts, we were already wearing workout short).  After 20 minutes, I wimped out and went back to my dorm room.  We did this for the entire week, with me going out the least.  My friends, while freezing out on the roof, managed to stay out in the cold for 45 minutes sessions. 

At the end of the week, then they told me something interesting.  After they were done and coming in out of the cold, they saw some other guys coming up.  Matt told the other guys what we were doing but obviously didn’t tell them he kicked in the door.  The other guys were friends with us too, but not very close.  Well they decided that they liked the idea too, and got towels and a radio so they could sunbath too.

Unfortunately, the security guard came around, and they left the door ajar slightly and with a small portable radio playing… well he caught them, and they got busted.  I’m not sure of the exact details, but I think the police were involved, but the boys that were caught were just made to pay the damages to the door.  My friend that kicked in the door also payed a percentage of the cost of the door, but he wasn’t arrested, he just felt guilty.

If we just went to the tanning beds, it would have been the safest route to get a tan so that we wouldn’t be outcast in our social group, and looked good for those tanned girls coming back from spring break.  Ironically, the door upstairs was never the same and could be opened with a bit of work.  I didn’t want anything to do with that door after the sunbathing session on the roof, but that didn’t stop my friends…

If I were one of the boys caught it would have been a large expense that I didn’t want to pay, not to mention potential vandalism charges!

Have you ever done stupid things to save a buck?

Cheers,

MR

Frugal Confessions: I Do Not Own a Cell Phone

November 11th, 2011

Before I begin this confession, let me give a shout out to Amanda at Frugal Confessions!  Her blog is about all kind of frugal activities and smart money management in general!  Since meeting her in person at FinCon11, I can honestly say she’s is a truly beautiful individual inside and out!

Apple iPhone

Smart devices make it possible

I Don’t Own a Cell Phone!

Actually I have never owned a cell phone!  Now people that know me see me with a cell phone in a holster at my side at all times.  To be completely honest, I would feel kind of naked without that silly phone bouncing on my side like I’m toting a gun…  Yet, while I carry a cell phone, I don’t own it!  It’s a company phone…  All of my cell phones have been company phones.

At one time to encourage employee’s to always have their phone on them, my employer would buy phone and tell everybody that it was okay to use them for personal use too (if it’s not done too much).  So for over the past decade, that is what I’ve done.  I’m sure I’ve saved thousands of dollars in the process.  But times have changed…

Why I Now Need a Cell Phone…

I was raised frugally, so the only time I buy something expensive is when I absolutely need it.

So, the question is… “Do I absolutely need it now?”

No, not yet, but I know eventually I will need one!  The evolution of this blog mandates that I become a more actively social person.  Much to my surprise, I enjoy the social aspect…  It’s grown on me lately (probably because of meeting so many great people at fincon11).  So now I get by with Google Voice and Skype, but eventually I’ll need a smart phone too.

What Cell Phone Would I Buy:

Any cell phone beats nothing, but probably a droid or a iPhone…  What even type of phone I buy, I need internet access so I can tweet and check my email at a drop of a dime!  I might even bypass a phone all together and buy an Apple iPad instead.  Then again, perhaps I’ll just take my son’s old iPod touch when it’s time to get him the newest model (being frugal, this is probably what I will do).

What do you think?  Is a smart phone (cell phone) necessary?  Or are you fine without?

Cell Phoneless me,

MR

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