Jones's Guide To Losing Money

1. Buy as much house as you can afford, wait, buy more!
2. Lease both of your cars. Pay over $200 for insurance...preferably $400.
3. Credit cards are magic. If you have any money issues, use the credit card.
4. Refinance your house to a longer term.
5. Pay $100+/month for each cell phone you have. Buy the latest and greatest.
6. Buy every kid a new iPhone and iPad. No need to consider the child's age.
7. Netflix? That's for cheap people. You need cable. Lots of channels.
8. Eat out every day, drink coffee but from Starbucks, or wait, Starbucks is for semi-fancy people. What you need is #Hipster Coffee Joint coffee.
9. Hire a full time nanny because both parents work full time. Don't calculate taxes, mileage, lunches and nanny fees, otherwise you may realize the second job earns $6/hr.
10. Don't read finance blogs. They will just tell you to invest money. You need money now so you can spend it.

This lady is worried about money but won't budget or clean up her mess.
Just kidding, it's a stock photo.

See this money? You need to waste it! Give it to a salesman!

Money is a big cause of conflict in couples. What if, instead of pursuing every luxury in life, we focused on what is really important? How un-American! You should instead buy a car. Not a Honda...you need...nay, you deserve, a BMW. Or maybe a Lexus. Take your pick, just tell the dealer how much you can afford.

You see, when you outsource processing, you stop planning and work in vain. It is like being a pinball, Life confuses you, you bounce around and don't understand why no matter how hard you work, you never get ahead. You see your kids less and less, the spouse gets more and more pissed, and you become a ghost of yourself. Why? Priorities. You were too busy to make your work and life count. Shame on you. You must pay penance by drawing up a budget, and go over goals with your spouse.

No excuses. Use your brain.

When Is More Incorrect?

My plan isn't as cool as this baby. But it is a good plan.

Today, I was pedaling to work and had an interesting experience. I was about to cross a stoplight but it turned yellow and I needed to stop. I squeezed the brake, but it gave away. I repeatedly attempted to squeeze it, but no luck. I squeeze my other brake and it prevailed. Naturally, I needed to back up out of the intersection.

Due to purchasing the 3 year package at the bike shop, this caused me to go back*. While in the bike shop, I noticed that there were beautiful, low weight, narrower bicycles. Speedometers, bells, etc. The other guy changing his tire even had a handle bar camera. I felt a burning temptation to ask what the next step was to my sexy but not highly efficient bicycle. I imagined myself pedaling a lighter bike, going faster, sweating less...and then the vision stopped.

Did I really need a new bicycle? Need? No. Want? You bet! What about in the future? What is stopping me from looking at a replacement bicycle in the future? My plan is to use the bike for 3 years and then do an analysis to determine how the parts are doing. That plan isn't as sexy, but who am I trying to impress? Sometimes, more is not necessary.



*Disclaimer: I rarely get extended warranties or service packages. I get unlimited service for 3 years and wanted to have confidence in my commuting bicycle.

Garden Time!

My kiddo made this experience even more fun!

It was a beautiful Sunday morning. The wife and I decided to make this a non standard day. Today, we used the free wood we picked up a month or so ago to construct a garden box. The dimensions of the box were about 6' x 3' x 8", cut by a handsaw. It took 2 trips to Home Depot (we also went to Costco on one of the trips).

The slide inspector is here!

In the first picture, I nailed the former closet boards together, placed cardboard underneath the boards, and then we put much soil (the most expensive part) into the bed. I left two bags of soil with the top one arching off the bottom one. My little girl decided this was a very fun slide. She began sliding down and giggling. The second pictures shows the angle better.

Making progress, but not quite done yet!

Once we had the soil in the bed, it was time to plant the transplants and seeds. This is where my wife's ability to not destroy delicate things on contact came into play, as well as her planning. The first thing we did was separate the large clump of Walla Walla onions. The roots were intertwined with each other and needed some tender loving care to help them be viable. We placed Marigolds in the corners of the box to help keep the wrong types of bugs away. Then, we put in the Zucchini and potatoes. Finally, we added the carrot seeds. Once this was done, we called it a night for this box!

I will post an update on this shortly.

Jonesing On All the Wrong Things

You talk about Jonesing...this is all I hear.

I met a Joneser. After talking with him (nicest guy), the wife asked me if I was going to write a blog post about it. I said no...but then thought about it while showering. So, here is the break down. My buddy is good at remembering prices, and the wife was feeling it was coming off as Jonesing.

He was complaining that their kiddo had broken another TV, costing them either $400-$500 (I don't remember which he said). He also bought a TV mount to go with it from Walmart for $75. And his fishing gear was worth $600. I was impressed he had awareness of how much the stuff he was buying cost.

Here is what I came away with. Jonesing isn't allocating money well. Wow, I know. You say "how deep Bravely Content! I would have never found that out alone!". Let me explain. As we know, Jonesing is buying stuff you don't need to impress people you don't like. This kind fellow also shared that his wife and him spent about $600 on their one kiddo for Christmas. My wife and I spend under $200 for all Christmas gifts this year (yes. Still is a lot). But, this did not bother me on a personal level which comes to the second observation.

The second thing I came away with is that I automatically sort purchases I hear to how urgently needed they are, and the price. I don't personally feel like a second class citizen when someone is allocating their money unnecessarily or poorly. In fact, I feel shame when I hear someone bad assing their budget or purchases. That is something I envy.

Must...shred...all...money!

No giant rant today, Just an observation that I've become so disconnected with the Jones's, that Jonesing just seems wasteful to me but doesn't trigger jealousy. When Yukon's and Suburban's floor it next to me while I am biking, all I hear is money being shredded and a guy panting "must...shred...all...money."

This is what the Chevy looks like

One other funny observation. There is a giant brand new Chevy Suburban that regularly is driven to an event the wife and I go to. I didn't feel less of a man parking next to it in my '97 Honda. I felt bad for the guy's finances, and happy for the salesman who got a fat payoff. On a personal level though, I still do feel angry when I see that Chevy running, without anyone inside or in sight. As if shredding money when driving isn't enough, this guy goes the extra mile and shreds money when he isn't even around! It's like reverse compounding interest.

Mr. Money Mustache. A Gold Mine

For the few people who do not access this blog from Mr. Money Mustache (MMM), this website is a goldmine. It is written by a man who retired at age 32 by saving 75% of his income for 10 years, if memory serves me. He documents the way he lives a simple life using a bicycle instead of a car when possible, enjoying Vanguard's funds, saving money, and abandoning the rat race. Here is a good starting point for the blog.

This is a source of sanity for me. For years I have felt like the insane minority questioning the decisions of others. Why does such and such Jones buy something expensive to top such and such Jones. Why am I surrounded by people wielding fancy phones eager to trade them in as soon as possible. The same goes with fancy trucks and SUVs for commuters. I see armies of Starbucks cups, people depressed about their jobs but still spending every dollar of every paycheck and wondering why retirement is so far away.

People wonder why I often don't eat out at restaurants,why our only car is over 15 years old, why I ride a bicycle to work, why I  have Netflix instead of cable, why I am ditching my fancy phone and plan for a cheaper one, why I discuss purchases with the wife, why we keep a budget, why my kid won't have fancy Apple products to play with before puberty, why we mostly have free furniture, and so much more.

Why a Safety Razor is Better than Gillette or Shave Clubs

My Old Gillette Razor

Today while hanging out in the shower, I reflected on razors. Recently, Gillette created their own shave club with comparable prices to Dollar Shave Club. Another option I had considered was Harry's Razors. However, thanks to the kindness of a coworker, I use a safety razor. He was kind enough to give me over a hundred blades.

At age 16 my dad bought me a power shaver. Quite a nice thing for him to have done. Young high school me was unable to afford replacements (I was saving up for a 4 year school, before I knew that was a bad idea).

When I first started shaving at the 4 year school, I used Gillette because they mailed me a small kit on my 18th birthday. Truly nice of them and a good marketing idea. The kit lasted awhile, but sure enough I needed new blades. I went to Wal-Mart, cheapest of the cheap, young college me needed cheap. The blades there were over $3 a head if memory serves me. I think it was a 4 pack for $12. Now, I changed blades about once a month, sometimes less but it still could be $36/yr. I also got the added bonus of models being discontinued, meaning I had to pay $10+ for a new handle to support the advertising.

A Cheapish Razor

I did this for awhile and then experimented with cheap single or double blade razors. Sure, you could find them for 10 cents or more, but I noticed the quality just did not seem to be there. I couldn't get a full month out of them, it was more like a week or two. When those blades stopped cutting right, my face suffered.

One day at work, one of the coolest guys determined I wanted to try using a safety razor but wasn't sure which one to get. This fellow gave me his kit that he wasn't using which came with 100+- blades. I was immensely grateful and still am. The shave feels great. The construction of the blade holder makes it very difficult to cut myself. My razor has type on it, so I just keep track which side is dull and use the other side until it is time for a replacement. When the blade is dull, it stops cutting, rather than cutting my face. With my old 4 blade Gillette razor, the bottom blades would become dull while the top were sharp, so my cut wasn't consistent. Meaning, if I went over an uneven portion of my face, the top blades would cut me since the amount of pressure needed changed. Also, each blade costs about $0.10 and is double sided. You aren't dependent on a singe manufacturer for blades either, so I never need to replace it due to planned obsolescent. 

Here is the breakdown per year:

• Gillette: $38.50 ($36 for heads and $2.50 for new handle every 4 years)
• Cheap-o: $2.60-$5.20 but a bad shaving experience
• Safety Razor: $1.20

Yes, you read that. I spend $1.20 annually on razor blades. 'Course I have about 8 more years worth of blades before I actually spend that much money a year. My handle may need replacing at that point. Something to note, if you replace a blade and are getting a bad cut, you may have it upside down. 

Bicycling Has Changed Me

A nice bicycle image.

Earlier I mentioned that I went from commuting 35 miles (70 round trip) a day, to bicycling 2.5 miles (5 round trip) a day. The change has been amazing. I am less tense, more fit and less cranky. Exercising every weekday has been very good to me. Just as a heads up, I'm not some macho guy who can immediately do anything. I had to work my way up to commuting by bike 5 days a week and bum rides when I'm sick enough to work. It took about a month or so to work up biking 5 days a week.

Not me! I wear no spandex!

About my everyday commute:

• I breathe fresh air for 30-40 minutes a day. My bike is a cruiser so my average speed is probably 10-15mph, unlike the speed demons on road bikes.
• I ride on suburban quietish streets with plenty of stop signs
• I'm about to graduate to riding in real rain. I've rode in mist and drizzle
• Garbage cans are positioned by Satan. Seriously. Some people make it so I have to cut into the road cause they had to put the can between the road line and where the sidewalk should be. Don't be that guy.
• I'm learning how to bike more safely. Right now I slow down at stop signs and make sure no one is around before proceeding (really, this is more of a yield). I have been bad lately and need to more consistently downshift so if someone is there but unexpectedly crossing my path, I can stop in time.
• Where I work, they let me take my bike inside. Otherwise I would rely on my U lock.
• People either admire me or think I'm bonkers but pretend to admire me. 

  

  Bicyclists need to be careful too!