Wednesday, February 29, 2012

What are you going to do when you go Frugal?

Many of us do not plan to go frugal.  It is something we feel is forced upon us by a change in circumstance.  We moan, groan, panic, make mistakes, learn from our mistakes, and just keep moving forward.   Then one day we realize that things are just not as tough anymore,  kind of like when a headache goes away.  We cannot say exactly when or what happened but we notice that feelings of anxiety and stress are gone.  We may even have some money in our pockets before the next payday or see a balance in our savings account.  It could end abruptly.  A new job or a raise being the most common remedy for a downturn. 

Either way the question becomes what will you do?  Will you return to your old way of doing things or stick to your new found frugal habits to avoid debt and live within your means in a fuller richer way?  Or, most likely a combination of the two.

The day will come, it may be just around the corner.

Here are some of the things I have done at different times, some admittedly wiser than others:

  • Went part time.  It was no longer necessary to work full time to support my lifestyle.
  • Gave more willingly and generously.
  • Bought jewelry.
  • Took a trip.
  • Remodeled the house.
  • Paid down debt at a more accelerated pace.
  • Went out to eat with friends more often.
  • Bought a full beef for the freezer instead of buying by the pound.
  • Bought gifts for my family for the times I had not be able to.
  • Loaned money to friends without worrying about being paid back.
  • Went kayaking.
  • Saved more.
  • Started my poultry business.
Whatever you decide it will be with a freedom not previously experienced.  Others may not understand your choices and they don't need to for keeping up with the Jones' is no longer a consideration.

Sunday, February 26, 2012

Home Furnishings on a Budget

Buying a home is an exciting event.  After months of planning and searching for the right home at the right price in the right neighborhood moving day arrives.  In our case all that was being moved required multiple trips in the car.  No u-haul was needed because there was no furniture.  I take that back.  There was one bed, a desk, and a t.v. with a stand.  A friend provided a pick-up for this one load.  A house seems so much more spacious without furniture.  We wandered around the open spaces deciding what we really needed and wanted.  We talked about getting a pool table for the empty living room. The air mattresses really are quite comfortable.

I did have some pieces in a storage unit so it was good to get arrangements made to close that out but it was mostly personal items and family heirloom pieces.  The lot consisted of mom's treadle machine and kitchen table, my antique buffet, 1 bed, and grandma's 100 year old oak chairs and hope chest, and two dressers.  The long trip with all my stuff in a horse trailer including the dog ended up costing possibly more than the value of replacement of the items but really, can grandma's chairs ever be replaced?

We had decided before moving that as tempting as it might be there would be NO DEBT PURCHASES.  No monthly installments, no 90 days same as cash, and no regrets.  No sweat.  That was until a major expense came up right after moving that had not been revealed on the inspection that was an immediate MUST FIX item.

Does this sound like life or what?

So with the pocket books much diminished the hunt was on for somewhere to comfortably sit.  Our weekly adventures were to hit the garage sales, consignment and thrift stores, watch the ads, craigs list, and keep our ears open for deals.

The first blessing was a brand new bed offered for free from a friend with a guest room that was no longer needed. 

Shortly after moving in we found our first garage sale score just down the street.  I had decided that I would rather have a seating area in my room than a dresser and found a love seat, chair, and ottoman for $150.  The price included 2 men carrying the set 5 doors down the street and depositing it in the home.  I really like the different periods of furniture and these pieces reminded me of something from the days of blond wood,  only popular for a season and reminiscent of the 1950's. Since there was no other couches in the living areas we left them there temporarily while we continued our search.

Weeks passed and the hunt went on.  The furniture consignment center looked like the most promising spot. The prices were good for the quality but still a little more than we wanted to spend.  Biglots even had a nice new set and with the discounts gave room for pondering. 

Then it happened.  We came to a garage sale where a grandma was selling her 1970's claw foot living room set in excellent conditon.  We all burst out laughing the moment we saw it because it had to be one of the ugliest sets we had seen.  It was as if the designer could not quite figure out what style they were going for so put all the styles into one eye catching combination. Yet at the same time we could all picture it right in the living room.  The set included 2 love seats, a chair, and an ottoman.  While we looked at it the owner lowered the price from $200 to $150.  We whispered to one another that if they could deliver we were on.  The question was asked and before the money exchanged hands the furniture was loaded.  A wood rocker was added to the deal for an additional $30.  We laughed all the way home.  When the men saw our older antiques they commented on the vintages though I had never thought of 1970 being an antique.  It was just the age of ugly furniture but I do admit it looks nice with the 1930's buffet and Singer that is even older than that.
 

Only one room left to go.  And, this was where we would spend the most time.  The rec room.  I said that to someone and they had no idea what I was talking about.  I responded "you know, where the t.v. goes".  They thought I meant the living room.  The conversation went back and forth as I explained that t.v. does not go in the living room because that is where company stays or one goes to read a book.  Of course if you only have one room then the t.v. would be there but not if there are two.  Then I referred to it as a family room and they still did not know what I was talking about, no it was not a den.

We were at 6 to 8 months now as our quest continued.  We joked about how long this would go on.  At this point it didn't really matter because we were comfortable, not sleeping on the floor, and still had plenty of space if someone wanted to ride a big wheel in the house.  All of our garage sale shopping was paying off with books, clothes, toys, kitchen appliances, and other fun stuff.   But, we knew our shopping days might soon be over because we were getting to the point that we needed to have a garage sale not go to a garage sale.

So here it is:  The $200 furniture.  Comfy, good condition, easy to wipe with a damp rag if needed.  One can stretch out, lay down, or use the ottomans as extra seating if needed.  The set came with the couch, chair, two ottomans, and two tables.  And, of course, same day delivery.

The best thing about these purchases in addition to the daily use they get is that in the future any of the pieces can be replaced guilt free, resold at a garage sale for a similar price, or if an out of area move  occurs they can be used and given away.  Replacement could happen at the other end except of course for the heirloom pieces entrusted to my care.

They were not purchased for the style so much as for their function. Style can come sooner or later when the money has been saved and other financial goals acheived.  If you have been keeping track the total is $530 for three rooms of furniture.  Lamps, rugs, and decorative items are being added along the way.   Whether this furniture is used for two years or twenty years it will still feel like a good deal.  The buffet?  I bought that in 1984 as part of a dining room set for $150.  I no longer have the table and chairs and if you notice one of the little knobs is different which I am fine with.  There is still a tag inside that indicates that it was built in Portland, Oregon in the 30's. 

Though you may not share the same taste in choice of styles the outlets I have mentioned carry all styles.  The consignment store especially carried many high end pieces for a fraction of their new cost. 

Happy shopping!
  

Wednesday, February 22, 2012

Billy

I made reference in a recent post to the fact that I had never paid more than $5,000 for a car.  This seems to have been my successful number for finding a good used car that maximized the balance between expense and usefulness.

Billy Black Shoes.  A beautiful semi-retired stallion who has had over 200 registered foals in Paint and Pinto breeds.  Billy is as gentle as Mr. Ed which is unusual in a stallion. He can also talk just as well, at least he was a master of communication even if he doesn't speak English.  Billy is definitely on my list of BFF.  We spent many hours together talking things over.

Billy once took second place in a reining competition and loves to spin, slide, and perform the other reining maneauvers.  For those not familiar with a spin here is a short video.
Billy showing off


Imagine my family's surprise when I  told them that I had spent $6,000 for the privilege of bringing Billy home to live with me.  (I'm not sure that any of us really own horses, we just get to share their lives and make some of their major decisions.)  My family was shocked that their conservative, frugal mother would spend so much on a horse!  It was almost unfathomable to their minds. 

To me the rational was plain and simple:  both are forms of transportation and one reproduces and the other doesn't. From a financial standpoint one would give me a return on my investment and the other would not, a car is strictly a depreciating asset. There are some noteable exceptions, of course, for Mustangs (named after horses), Corvettes, and other models that draw attention 20 years later and better hold their value but they still cannot reproduce.

When I moved from the ranch Billy has made a new home in the area and enjoys the vast pastures of his well earned retirement and has been able to take a trip to the beach to run on the sand.

This is one of Billy's progeny who also was used as a breeding stallion for a time and now is Angie's BFF. 

Wiley Coyote and Angie

This is the mystery and amazing thing about creation.  Trees, plants, and animals all are able to produce after their kind.  When we choose to invest our skills and time as managers of most agricultural pursuits most of what we invest can double in one years time with little help from us.  Far above the monetary considerations is the JOY, BEAUTY, and WONDER that they add to our lives.

Monday, February 20, 2012

Back yard investment.

What do blueberries, rhubarb, and strawberries all have in common?
  • Easy to grow in small areas
  • Easy to prepare or freeze
  • All provide an excellent return on investment.
  • Great pies!
Living in the suburbs is not a reason for not having homegrown fruits and vegetables.  In fact, one of the biggest benefits to a small yard is the ability to putter out and pick yourself some fresh rhubarb for a pie or blueberries for your pancakes. 

Rhubarb.  Have you ever seen rhubarb growing?  It's pretty awesome stuff.  The leaves are huge and the bright red stocks are eye catching.  To harvest a stock you grab and pull.  I have landed on my behind many times pulling rhubarb but that's why you send the kids to do it as they will just laugh.  I have seen someone actually cut a piece off which I guess you can do but I think it's against the code.  The reason being that when you pull it out another stock can grow.  It is similar to pulling celery from the outside. 

Strawberries.  This year I have eaten more strawberries than I can remember.  The crop was amazing.  A plain strawberry is one of natures best treats.  Strawberries are prolific and send out runners so starting with a small number of plants can multiply in to a patch.


Blueberries.  Four bushes should be enough to eat all you want fresh and freeze some for pies, pancakes, and muffins.  They need plenty of water to produce those big luscious berries. Mom and I used to go out picking every evening and ate so many that we were lucky to get any into the house.


Each of these selections come back every year, need little pruning, and are extremely easy to grow.  Having nice fruit bearing shrubs was is an attractive selling feature of a home.  If you don't want a yard that looks like a berry patch you can intermix the plants with your other shrubbery for added color and texture.   Large pots or whiskey barrels can also provide a decorative piece.  Consult your local nursery for the best variety for your area and soil type.

PIES

Now for the real reason for the post. Pies. The selling of pies has become big business with prices ranging from $6 up to $15 or more.  Did you know that if you have your own fruit you can make a pie for about $2?  It's fun.  When my son was about 9 years old we started making pies.  It was part of his home school fractions instruction.  Once we were hooked we kept baking and started giving pies away. The next step was a farmers market and sold them one day.  He was even taking orders for them.  We had flour all over the kitchen.  If you have never tried either rhubarb or strawberry rhubarb pies they are available at most pie shops. If you would like some homework for this post you can drive down and have a piece just to see if you like it.

So there you have it.  In this post we have covered saving money, taking up gardening, baking, and a new family hobby.  Frugal living is not just about saving money, it is a lifestyle.

Related links:
Great pictures on rhubarb and growing other home vegetables. 
http://doorgarden.com/01/how-to-grow-forced-rhubarb
People interested in green living are going to be excited about Mother Earth News!
http://www.motherearthnews.com/Real-Food/Growing-Blueberries.aspx
 
I no longer have my old lifetime recipe box but I'll tell you my best kept never revealed secret.  Right before the pie is ready to go in the oven sprinkle about a teaspoon of sugar on the top of the crust.  It will give the pie a golden brown color and a tad of that sugar sparkle.
Here are links to strawberry rhubarb pie recipes:
http://www.foodnetwork.com/recipes/food-network-challenge/grandmas-strawberry-rhubarb-pie-recipe/index.html
http://angelinkitchen.blogspot.com/2009/05/strawberry-rhubarb-pie.html

Originally posted Aug 17, 2010