Tiffin wallah in Mumbai (food delivery)

Spending: Convenience or necessity?

Yes, in fact I do know it all. Until someone points out that, in fact, I have my head under my wing. This is about the blog post I didn’t write.

Recently, I saw individual Horizon Organic Milk packs advertised at Whole Foods.  I was about to write a scathing post about how the price was about 4 times the cost of a gallon of organic milk, how you could afford to let some of that gallon go sour and still be money ahead, and how you could just buy your kid a thermos—reusable and better for the planet than a ton of packaging.

Besides, if it’s popular or pitched to millennials or moms, it’s a ripe target to make fun of. We like to cast them as lazy over-spenders who complain about inadequate wages, right? But heaven forbid we should actually give credit for creating or buying into good ideas.

A recent Facebook post by Stephanie Tait on September 5th screwed my head on a bit straighter. Please search for this, and be sure to read the comments.  (Sorry, Stephanie, but I can’t figure out how to link directly.) Correction: here’s the link. Don’t miss it!  I’m just going to cite a few of the issues and products mentioned.

Waterproof case for cell phone

Ms. Tait kicks off with this—oh yeah, millennials are so hitched to their phones they can’t take a shower without them. Uh-uh.

Ms. Tait points out that for many disabled people, the phone is the lifeline and only way to call for help if needed. Without that, showering is far too dangerous unless someone else is actually in the house. This introduces a host of corollary issues: someone else’s schedule, whether you’ve gotten sufficient sleep to conform to that schedule, your state of health or exhaustion on any given day, and on and on. Makes a waterproof case seem like a simple solution, well worth the money.

Rent-a-closet services

You’re an arrogant spendthrift if you subscribe to these services. At anywhere from $100-$160/month, you can outfit yourself in designer duds that you don’t need, while returning them when you tire of them or they need maintenance. For $1,200-$1,920/year, you could buy quite a few wearable pieces, particularly if you keep things for several years. (I’ve been wearing one black dress for 9 years, but hey, that’s me.) You’re a lazy, status obsessed victim, right? Uh-uh.

Let’s say you’re someone with a need for professional appearance and low vision, or disabled in such a way that selecting or shopping is a major effort. (I always think shopping is a major effort, but again, that’s me. Dear daughter has always been disappointed in this.) Subscribe to a wardrobe service and you won’t need to shop, outfits will be coordinated and appropriate, and you’ll have an amount-certain budget item.

Pre-assembled meal kits and delivery

I’ve really laughed at these: frozen foods where you provide the slave labor and pay twice as much for someone to chop things for you, introduce lots more microbes, and get tiny amounts. Why not just cook on Sundays and put stuff in the freezer? Can people really be such inept morons that they can’t broil a piece of meat, steam some vegetables, and make a pot of rice? Uh-uh.

When my mom got too sick to cook, my dad was at a complete loss. In more than 50 years of marriage, he had never cooked a meal, and was extremely proud if he toasted the bread for a sandwich. We tried meals on wheels (at that time, about the quality of a student lunch), and Seattle Sutton (once Mom spotted that carton of yogurt, it was all over). Dad couldn’t manage grocery shopping, so I did it, and I brought over tons of frozen meals. But not everyone has a daughter who lives 5 miles away and can drop everything. Also, Mom felt incredibly guilty for getting old and sick, and they both felt an extreme loss of independence—they were stuck with what I cooked, and were too embarrassed to ask for anything different.

I think Dad could have managed cooking a meal kit. It would have saved shopping, given them interesting things to eat, and Mom could have given useful input even if she wasn’t the one standing at the stove. There are a lot of steps and mandatory excursions involved in cooking for yourself, and meal kits eliminate a lot of them.

Restaurant delivery services

You’re working hard just so you can pay for expensive restaurant meals whose expense means you have to work even harder. And you’re lazy and entitled and can’t be bothered to learn to cook or plan ahead, right? Or even manage to cook a meal kit? Uh-uh.

For many people, getting out at night is challenging and dangerous. There’s the difficulty of transportation, seeing at night, danger for vulnerable or frail people, getting dressed up—it’s a lot when you’d just like some pad thai. Curiously, no one thinks twice about having pizza delivered, but when the meal might actually be pricey, stay-at-homes aren’t entitled to that. When my daughter was sick in her dorm room on a fairly isolated campus, the value of this for any home-bound person hit me square between the eyes. If you don’t have help on-site, or are tired of asking your friends, or would just like something special, accessing a service such as this can contribute more than its cost in both pleasure and utility.

 

Good design for disabled people, or the elderly, whether of space or services usually turns out to be good design for everyone. Who doesn’t like the handicapped stall better?! I, for one, am going to try being slower to judge and put more effort into understanding. If something allows more people to have a better quality of life, and participate more fully in society, it’s well worth the cost.

Person in hammock

Financial smarts: maximizing weekends

I’m all about getting the maximum juice from the financial lemon. I really believe you can get far more pleasure out of your dollars with a little forethought, and lead a much richer life with less money. But then again, I’m not the kind of person who would ever buy pre-boiled, peeled eggs. How is that even a thing? Except for elderly or disabled people who need things made as easy as possible, and that is most definitely not who they’re marketing to.

Recently,  Lifehacker’s Nick Douglas had an excellent article on maximizing your holiday weekend, and that’s really in my wheelhouse. I think much of it could apply to any weekend. Having been a horrible student of math in childhood, and dreading every Sunday night with its attendant un-done math homework, it’s been really hard to get over the rumination and fear at the end of the weekend. And even my daughter, who never even went to school, gets depressed on Sunday evenings. I guess we’ve all had enough terrible bosses to develop that dread of Monday morning. If nothing else, a lot of us feel that the days we so anticipated on Friday afternoon feel wasted by 8 pm Sunday.

I’d like to stress some of Lifehacker’s points, and add on a little of my own thinking.

  1. Do something to celebrate Friday night. Lifehacker regularly runs “three ingredient drinks” so if you need an idea to try something new, I can recommend the maraschino martini from last week. Friday night is the only night we have mixed drinks, so it’s special. Stop for a beer, invite friends over, go out to eat, whatever. I favor watching the expenses on this one, and not cultivating practices that result in a hangover Saturday morning or the rest of the plan falls apart.
  1. Get up on Saturday and Sunday by 8 am. Douglas makes the excellent point that this probably allows you to sleep later than in the rest of the week, but that you haven’t then slept so late that you feel the morning is wasted.
  1. I recommend you set aside half an hour to an hour before noon on Saturday to clean or repair something. This should be something doable—not requiring a run to Home Depot—so that you can feel pride that you’ve actually accomplished something. Sort a drawer, re-pot a plant, sweep the kitchen, vacuum the car. Bonus points if it’s something you’ve been putting off. Even if you get nothing else done, I promise you’ll feel better about yourself. In fact, keep a running list of achievements. If you note it in  your planner you can use it to reinforce yourself that you have indeed accomplished something.
  1. Make at least one effort to get out of yourself. Go out for coffee and be extra nice to the people surrounding you. Chat up the checker at the grocery store. Call your mom. Just do something to define yourself as a nice, social human being.
  1. This one is critical: plan something special for Sunday late afternoon/evening. You need something to look forward to, not dread. This has to be something you’re really looking forward to, not just watching the best PBS programs of the week. Go to a movie, schedule a mani/pedi (what we did last weekend), explore an inexpensive ethnic restaurant (again, bonus if you go with a group), go over to a friend’s or invite them over—and don’t sit around commiserating: remember board games?
  1. Spend some time with your pets. When was the last time you spent some focused time playing with your cat? Taken your dog on the walk she really wants? We’re always excited to get the kitten or puppy, but then they tend to become part of the furniture. Their joy can enhance your joy.

This is by no means an exhaustive list. Do you have any ideas or activities that take away Sunday night dread? Do share!

Ten ways to improve your finances over a holiday weekend (or any weekend)

Teachers should assign How I wasted my summer vacation. It’s a topic that more accurately reflects what actually happens. Most of us look forward to a long weekend, and many of us resolve that we’re finally going to do some long put-off project, that will have tremendous benefits.

Me, my resolution is to power wash the house. Phew! luckily, it’s supposed to rain all weekend.

Projects that don’t get done are generally too big. So, I’m asking you to break it down into something that can be accomplished in less than an hour, and you’ll take a small but significant step forward in your financial life. DO NOT do all 10; plenty of other weekends are coming up.

  1. Find a financial software program you might actually use and install it. I’ve used Quicken for 20 years now, so I’m a little biased. Other people report they like Mint. Neither of these? Try searching Personal Financial Software and you’ll find quite a few. Don’t think to long—just make one work.For the future: Watch or read one quick start guide. Download one account into it.
  1. Find out how to access Morningstar online. Many articles and a lot of information is free. In order to (eventually) access deeper analysis, check out whether your library offers access to premium content through your library card. Read at least one personal finance article or watch a video.
  2. Pull out a statement from your 401k or IRA. Go to Morningstar and read what the analyst has to say about it (“premium” content).
  3. Read a blog. Don’t believe everything you read, but start somewhere. Don’t get lost, okay? I said one hour. I like:

Mr. Money Mustache

Chris Guillebeau: The Art of Nonconformity

Get Rich Slowly

I Will Teach You to Be Rich

Kiplinger

 

  1. Clean out a file. Notice I didn’t say file drawer, closet, or room. I recently cleaned out a file box (ouch!) of records from my dad that’s been sitting under my desk since 2010, when he died. I found nearly $200 in it, squirreled away among Medicare statements. You’ll be amazed at all the stuff you don’t need.
  2. Install a password manager on your computer. I use the free LastPass and it really improves cybersecurity. Change any of your passwords that are the name of your children, dog, or your birth date.
  3. Take 15 minutes to identify what good causes you really care about. Instead of giving 10 bucks to everyone who asks, choose half a dozen or less that you really care about and resolve to give to fewer, but more green. It saves them processing and fundraising. Like their Facebook page so you have some idea where your money is going.
  4. If you’re going shopping over the weekend, resolve not to buy anything major until next weekend, when you’ve had time to think about it. In the meantime, do a little online price comparison.
  5. You know all those travel points you don’t use? Check out Award Wallet, which (for free) will consolidate and update all your programs on one page. Then make a plan to use them—earn and burn!
  6. Learn about travel hacking. If you like to travel, you’ll earn more per hour spending a few hours learning how to do this than at most really good jobs. A real money saver, and really—not too hard. Here’s where I started, but there are many sites that can teach you.