Frugality Report: October

By on November 3, 2017

Here’s our monthly Frugality Report! Yeah, I haven’t done one of these since last winter… oops! Let’s get back into the swing of things and talk about ways the COD crew saved money and spent money in October. 

Frugality Flops


Car
. Well, we bought a new-to-us car this month. I’ll get into why we deemed it more of a frugal win later, but for now, it’s still more expensive than not buying one! 

Credit Card. We paid for the car with plastic. Ugh. It was stupid and lazy, to pay via credit card when the bank was just across town. We could have gotten the cash on the spot, but chose to go the other route. Oh well, at least it’s paid in full, so there’s no car payment and no interest!

Fees. Our old credit card, which neither of us use anymore, comes with a lovely fee that was due this month. I forgot all about that card (it’s a travel rewards card), and when I saw the monthly statement, it was a “D’oh!” moment for sure. Wish we’d closed that account, since we never even use it. 

FRUGAL HIGHFIVES

Food. We made some terrific meals at home this month! We only went out for one fast-food dinner and a few donuts here and there. I’m personally super happy that ’tis the season for casseroles and toasty warm soups, so I’ve been pulling out my old stand-bys. I’m also getting pretty good at my fave artisan bread recipe! So easy and can’t even compare with store-bought bread! 

Furniture. After our move to Kentucky, we debated about purchasing a new bedroom furniture set. You know, just to feel a bit more grown-up and settled. Sometimes when your home is furnished with all hand-me-downs, it can feel a little weird. We didn’t necessarily have what we would’ve picked, but what our relatives and friends were getting rid of. So we eyed and admired some matching sets online and in stores for a brief time.

However, we ended up eschewing a new bedroom set because my parents are working on downsizing. Their house contains a good deal of furniture which they had kindly offered us. Hence, we finally accepted the furniture offer since my old bedroom has a perfectly good set of items. 

When in-laws COD visited earlier in October, they brought the first of two dressers for us. I can at last put away my clothes properly, rather than in a cheapo storage cubby on the closet floor. (Big ol’ spiders gravitate towards those piles of exposed clothing, so that wasn’t an ideal situation!)

So now, we’ll keep bringing those pieces from Mrs. COD’s old room as we visit. They all match, and they belonged to my grandma, who took meticulous care of her things. Eventually, I’d love to paint and refinish the entire set, but for now, we’re happy to have saved at least a few hundred dollars by not buying new! My clothes are much happier, too. 

Car. The new vehicle was a good deal (under $7K) for us, and our previous van had been pretty close to its last legs. We’re enjoying a little bit nicer drive and the mileage is comparable to what we got in the van. We also traded in the old vehicle and used a recent gift to help cover the difference, so we still have no car payment! Getting rid of monthly payments for stuff such as vehicles and student loans has been HUGE in changing our financial trajectory. There is no way I would be able to take a three-year sabbatical from teaching to raise the kids if we were still tied to so many monthly payment obligations. 

Halloween fun for the munchkins! I will put this in the win column. I bought new costumes from Wal-Mart because I am NOT crafty. Not one bit. I know there are plenty of DIY Halloween costume ideas on Pinterest, but I just decided to know and accept myself and not even bother. 

Each costume was $15 and the boys wore them almost non-stop for the week prior to Halloween. (They are still sporting them at this very moment, in fact.) Masks were included along with the suits. I doubt I could have made costumes for less than $30 anyway, and thrift stores are so hit-or-miss, I doubted I’d find anything the boys would like in the right sizes. Going store-bought saved me a ton of headaches and lost sleep! Hats off to my friends who make their kids’ costumes year after year (looking at you, April with the Trolls outfits), but that’s just not me! Sometimes DIY isn’t worth the hassle! 

Superheroes!

*Bonus: now that we live rurally, we didn’t get any trick-or-treaters ringing our doorbell. That means no need to buy bags of candy to pass out! I figured that comes close to balancing out the cost of costumes!

How about you all? What are some of your frugal wins this past month? 


The Most Fundamental Financial Habit: A Zero-Sum Budget

By on October 6, 2017

Hey, everyone! Today I’m excited to introduce you to fellow blogger Sandra Parsons. She’s talking about one of the financial basics that we here at Changing Our Default haven’t addressed yet: the zero-sum budget. And as a fun bonus, she hails from Canada, so I know you’ll enjoy those distinguished spellings. 🙂 Take it away, Sandra!

If you’ve visited my blog A Theory of Change, you know I’m all about finding ways to develop positive habits to make a better life. I believe that a big part of making a better life is getting in control of your finances.

I love the idea of making my money work for me. It’s not enough for me to know that I’m paying my bills on time and more or less living within my means. I want to know where every dollar is going, why it’s going there, and what it’s doing. I want to know that I’m maximizing the value of my money (’cause, you know, I work pretty hard to earn it).  (more…)

Uber Frugal Month Update

By on January 16, 2017

Since Mr. and Mrs. COD are working on their Uber Frugal Month Challenge, inspired by the Frugalwoods, we thought we’d check in with a little halfway update! See how they’re doing in their quest to be frugal weirdos! 

Mini COD assisting me in the kitchen, pressing the Ninja button (the MOST important job in frugal muffin making) 

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Peer pressure and purchases: the groupthink mentality

By on May 7, 2016

Peer pressure: it’s not just for teenagers! Peer pressure can lead us to get a terrible haircut, to hire a friend for a job, to share a post on social media, to support a cause, to attend a certain college…and to buy stuff we don’t want or need.

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Pic of us at Millennium Park, Chicago. Free outdoor fun!

 

Recently, my neighbor invited me to her Pampered Chef party. It ended up being pretty fun, actually, since it was a chance to spend time with her and I don’t know her well. The products showcased were cool, too. Man, it makes me feel old to admit I enjoyed checking out kitchen wares! We shared delicious food and chatted in a relaxed setting. (more…)