Author Topic: Despendber  (Read 15867 times)

forummm

  • Walrus Stache
  • *******
  • Posts: 7415
  • Senior Mustachian
Despendber
« on: November 27, 2015, 10:33:24 AM »
After having a frugally fantastic No Buy July, and an august August marked by majestic dignity and grandeur, a savings-filled Savetember, a big-investing Stocktober, and a closed-pocketed Nospendber, it's time for the next month of savings and frugality--Despendber. De(creasing)spend(ing) and reveling in the frugality. Who else is in?

http://forum.mrmoneymustache.com/throw-down-the-gauntlet/no-buy-july/
http://forum.mrmoneymustache.com/throw-down-the-gauntlet/august-august/
http://forum.mrmoneymustache.com/throw-down-the-gauntlet/savetember/
http://forum.mrmoneymustache.com/throw-down-the-gauntlet/stocktober/
http://forum.mrmoneymustache.com/throw-down-the-gauntlet/nospendber/

serra

  • 5 O'Clock Shadow
  • *
  • Posts: 5
Re: Despendber
« Reply #1 on: November 27, 2015, 11:13:06 AM »
Thanks for starting the thread! I'm in for December.

Advantages
- All the great habits I started building last month: using the library, commuting by public transit (using my pretax commuter benefits), and switching my studio yoga practice to a home practice.

Challenges
- I'll be traveling for work, which shouldn't cost me money but I'm concerned about weakening some of my new habits by being away from home.
- Continued medical expenses relating to pregnancy/temptation to shop for impending kids.

Goals
- This is one of my favorite MMM articles, http://www.mrmoneymustache.com/2012/10/08/how-to-go-from-middle-class-to-kickass. Looking at a couple of areas where I could be more kickass, I'm going to try to tackle cable TV, work lunches and my energy bill.
- Stay on track for a 65% savings rate in February (since any credit card spend this month will impact my February savings rate).
- Get to 100% public transit/walking commuting. This means figuring out a rain gear solution since I'm getting too large for my usual coat.

Bracken_Joy

  • Walrus Stache
  • *******
  • Posts: 8564
  • Location: Oregon
Re: Despendber
« Reply #2 on: November 27, 2015, 12:31:02 PM »
Are you sick of me joining these threads yet? ;) As always, I'm in! These challenged have brought my SR from ~30% to over 60%. Hoping for the best month yet! (Maybe).

Advantages:
-Very few foreseeable 'weird' expenses. After a run of car costs, surgeries, etc, we're hoping for fewer big ticket items
-DH won't be in classes- so no line item for $150 in parking costs
-We will be visiting family, so this *could* result in low food costs, low utility costs, and gas for our roadtrip being gifted by parents
-On our roadtrip, we will be car camping. Past years we have had at least one hotel stay to the tune of $120, sometimes two stays. Going to plan ahead and skip that this year.

Disadvantages:
-The holidays. We're trying to keep it sub-$100 for each side of the family for gifts. But we are driving 2,400 miles next month on a roadtrip, and that is not cheap.
-It's never predictable whether my family will give us money to offset the cost of visiting them. Also, since we are the "weakest" in the war of attrition about laziness, we end up cooking and buying most of the food while there. Most years, this is fine, since my parents pay us back. Sometimes though... we will see.
-Less work. While this won't change income for DH until January (we live off his last month's paycheck), I'm paid weekly so my income will be lower.

Goals:
-I want to break 70% SR! And another $2k to our downpayment fund. All the extra toward student loans.
-Last December cost us over $6k. I'm hoping for a LOT less this year.
-Try and find as many gifts as possible in the cheap/free/use gift cards realm of things
-Keep our roadtrip as cheap as possible. Pack all food, car camp, plan out gas using GasBuddy. DH is great at driving for good fuel economy, so that always helps. Plan out route so we don't get stuck in horrible LA traffic using an obscene amount of gas, like last year.

Planned spending:
-$200 gift budget
-$400 gas budget
-$75 clothing for DH (underwear and a sweatshirt)
-$20 to starbucks card for the trip
-$50 restaurant budget (give us an escape opportunity from family if needed)

Sailor Sam

  • CMTO 2023 Attendees
  • Walrus Stache
  • *
  • Posts: 5408
  • Age: 44
  • Location: Steel Beach
  • Semper...something
Re: Despendber
« Reply #3 on: November 27, 2015, 12:50:34 PM »
Keep our roadtrip as cheap as possible. Pack all food, car camp, plan out gas using GasBuddy. DH is great at driving for good fuel economy, so that always helps. Plan out route so we don't get stuck in horrible LA traffic using an obscene amount of gas, like last year.

When I drove cross country, I bought discounted gift cards for gas from Gift Card Granny and Card Pool. In the end it saved me about 3% on 130 gallons of gas (holy shit, so much gas!).

But as usual frugal only works if you're willing to do the homework. You have to know what chains exist in the places you want to go, and the general cost. Discount cards for Shell gas probably won't gain you much. Plus you lose the credit card points.

But, I mean, do you even know how to pump gas, you Oregonian, you?

Bracken_Joy

  • Walrus Stache
  • *******
  • Posts: 8564
  • Location: Oregon
Re: Despendber
« Reply #4 on: November 27, 2015, 01:07:27 PM »
But, I mean, do you even know how to pump gas, you Oregonian, you?

That's what men are for ;) I kid, I kid. Yes I know how to pump my own gas. I just don't like to. I have to get out of my cozy car... eew.

Planned spending:
-$75 clothing for DH (underwear and a sweatshirt)

The bright side of doing these "look ahead" posts: realized I should look at black friday deals on what DH needs. We have Target gift cards left from our wedding. Target is doing 40% off of a lot of clothing basics with free shipping. $40 on a GC later, DH has a sweatshirt and lots of underwear on the way.

midweststache

  • Pencil Stache
  • ****
  • Posts: 771
Re: Despendber
« Reply #5 on: November 27, 2015, 01:13:42 PM »
Count me in again!

Scheduled Expenses
- Due to some unforeseen health issues, last month's pricey haircut was postponed. Will get it this month.
- Fido will need a new bag of freeze-dried nuggets before too long.
- I will have a pile of grading to plow through the second week of the month. In an effort to get it all done, I'll probably park it at a coffee shop for a few hours. No Netflix temptation there!
- Car rental for 12 days (I can't make this up: it was cheaper to rent three days longer and use a discount code than rent shorter during "blackout days" where we couldn't use that same code). We've already paid for the car, but I'm estimating another $200 in gas.
- I have finished Christmas shopping; DH has not. Estimated $150 in final gift expenses.
- We'll pay for my recent surgery in December. Fingers crossed the HSA covers almost all of it! (I have money put away for it if not...)

Challenges
- The holidays. As always. We'll visit BIL and SIL for a few days before Christmas, which is always full of dining out.
- We have an annual NYE party we attend. We take wine, beer, and try to finagle a cab home. Technically I guess that cab is a January expense, but still...

Advantages
- Two very generous families who are fond of giving practical gift cards and adhering to lists for Christmas.

Goals
- Is it possible? $1,500 to a down payment fund. (Definitely possible IF HSA covers the whole surgery--much harder if it doesn't.)

Faraday

  • Handlebar Stache
  • *****
  • Posts: 1191
  • Age: 63
  • Location: NC
  • Solar Powered Slice
Re: Despendber
« Reply #6 on: November 27, 2015, 01:27:04 PM »
After having a frugally fantastic No Buy July, and an august August marked by majestic dignity and grandeur, a savings-filled Savetember, a big-investing Stocktober, and a closed-pocketed Nospendber, it's time for the next month of savings and frugality--Despendber. De(creasing)spend(ing) and reveling in the frugality. Who else is in?

I'm here with you forummm, been here all along, just lurking to let new voices come in. Some quick mustachian notes:

- Monthly savings rate in excess of 60%
- Aldi grocery shopping has been awesome!
- We sat out Black Friday.
- DW has maxed out her 401k pre-tax
- DW got her first-ever nice commuter bicycle
- Cheap Magicshine-clone lights off Amazon (less than $30) so I can commute in the dark.
- Fuel prices here have dropped below $2/gallon. Total monthly fuel under $80.
- Insourcing yardwork, gutter cleaning and auto maintenance.
- Fabricating energy efficient curtains for the house for the winter.
- Homebrewing with son continues to provide EXCELLENT draft pints for less than 60 cents per pour.
- On-target for Jan 2016 mortgage refi into a 10 year term.
- S&P500 index fund took a beating back in the summer but has seen some nice gains in the fall.

I am on-target at the end of year 1 of 5 year plan. FIRE in 2020 looks feasible.
« Last Edit: November 27, 2015, 02:04:23 PM by Faraday »

Bracken_Joy

  • Walrus Stache
  • *******
  • Posts: 8564
  • Location: Oregon
Re: Despendber
« Reply #7 on: November 27, 2015, 01:37:19 PM »

Planned spending:
-$200 gift budget

All gifts purchased! For both families, we came to $126. Decided to embrace some black friday deals on amazon and get the shopping done with.

I'm done updating now, I swear you guys!

forummm

  • Walrus Stache
  • *******
  • Posts: 7415
  • Senior Mustachian
Re: Despendber
« Reply #8 on: November 27, 2015, 01:37:33 PM »
Are you sick of me joining these threads yet? ;) As always, I'm in! These challenged have brought my SR from ~30% to over 60%. Hoping for the best month yet! (Maybe).

Not if you're not sick of me posting them! :)

Bracken_Joy

  • Walrus Stache
  • *******
  • Posts: 8564
  • Location: Oregon
Re: Despendber
« Reply #9 on: November 27, 2015, 01:39:25 PM »
Are you sick of me joining these threads yet? ;) As always, I'm in! These challenged have brought my SR from ~30% to over 60%. Hoping for the best month yet! (Maybe).

Not if you're not sick of me posting them! :)

Not at all! Being accountable on here is a very good for me. And my savings rate! And I think we're all grateful you post these. I certainly wouldn't want to have the final say on the names- too much pressure! =D

Faraday

  • Handlebar Stache
  • *****
  • Posts: 1191
  • Age: 63
  • Location: NC
  • Solar Powered Slice
Re: Despendber
« Reply #10 on: November 27, 2015, 02:07:12 PM »
I'm in! I need some good company to kick my habit of spendypants impulse food purchases when I'm stressed or bored at work.

Stay with us Exhale. We'll provide support. I know what you mean about food buys at work. Stock up on good stuff from Aldi, Warehouse Clubs or grocery stores. I find pecans and cashews help, maybe the occasional Atkins bar. I keep cheese and meats in the fridge in the break room at work. Tea and coffee are free, so I use those strategically too. 

You will be surprised at the $$ you will save if you can go two weeks not buying anything at work!

Rural

  • Walrus Stache
  • *******
  • Posts: 5093
Re: Despendber
« Reply #11 on: November 27, 2015, 04:19:02 PM »
Well, we need it. There have been Vet Expenses for the last two days. Not a problem as my husband and I agree that's what money is for, but we have some making up for it to do.


No gift shopping at all yet, but I can get most everything with an accumulated Amazon card balance.


There will be some travel, probably 900 miles or so of driving when all's said and done, though in shorter doses.


I hate Christmas.


So. We'll buy presents. We'll buy more doggy medication. We won't buy stupid shit for ourselves,and we won't drive to work as much. Best I can do this month.

Faraday

  • Handlebar Stache
  • *****
  • Posts: 1191
  • Age: 63
  • Location: NC
  • Solar Powered Slice
Re: Despendber
« Reply #12 on: November 27, 2015, 05:58:39 PM »
Well, we need it. There have been Vet Expenses for the last two days. Not a problem as my husband and I agree that's what money is for, but we have some making up for it to do.
No gift shopping at all yet, but I can get most everything with an accumulated Amazon card balance.
There will be some travel, probably 900 miles or so of driving when all's said and done, though in shorter doses.

I hate Christmas.

So. We'll buy presents. We'll buy more doggy medication. We won't buy stupid shit for ourselves,and we won't drive to work as much. Best I can do this month.

I have SO walked in your shoes, Rural. For somewhere around 20 years I did. Kids, minivan, diapers, toys, food, 650-700 mile drives. Same sacrifices you're talking about just to be able to make the damn trip. SLUG it out, slug it out! Carve out some savings, optimize and find cash flow efficiency. Put your mind to it and you will get there. FIRE, that is.... 

EDIT: Removed the "Debbie Downer Stuff". :-)
« Last Edit: November 27, 2015, 08:12:23 PM by Faraday »

alleykat

  • Bristles
  • ***
  • Posts: 425
Re: Despendber
« Reply #13 on: November 27, 2015, 07:24:58 PM »
My spending has been just terrible these last few months.  In December, I am just going to buy presents and basic needs.  Starting 2016, I really need to set a budget for certain things and stick to it. It gets crazy.

FrugalInTraining

  • 5 O'Clock Shadow
  • *
  • Posts: 14
Re: Despendber
« Reply #14 on: November 27, 2015, 08:24:27 PM »
Okay, I'm in!

After a tricky financial year with the birth of my second child and maternity leave (unpaid) eating up a painful chunk of savings, I am ready to buckle down. 

There is lots of room for improvement in the family spending profile, but here are my goals for the rest of the calendar year:

*continue packing my lunch for work. I'm a month into a major behavior change on this.
*continue cooking family dinners every night. Getting some meals in the freezer will help insure against exhaustion-fueled pizza orders.
*switch cell phone carrier and plan, save close to $100 bucks a month (been meaning to do this!)
*follow up some costly loose ends, like that credit-monitoring service that I have to call on the phone on a weekday to cancel (grrrrr)
*try to craft some gifts for free, one idea is a family recipe book to share our favorites from the year.  Could become a tradition.  Feeling lucky that my family is not that into presents.
*work on curbing grocery spending, with a focus on menu planning around well-priced and sale stuff
*set up auto pay for most bills and auto transfers to savings

Longer-term efforts:
*conversion of husband to the mustache cult.  He is semi-frugal, but likes certain luxuries and conveniences and has very little patience for money discussions.
*utility bills.  Need to weather-proof the windows in our rental with those plastic kits and get everyone fuzzy slippers.  Hubby grew up in So-Cal and really hates to be cold, but since we live in NYC some toughness is needed here.
*plan ahead for summer kid activities.  Find alternatives to pricey day camp! 
*Thrift and Ebay for clothing.  Especially for kids, but also for me as I lose the last of the baby weight and need work clothes.

Thanks for the extra motivation!

Rural

  • Walrus Stache
  • *******
  • Posts: 5093
Re: Despendber
« Reply #15 on: November 28, 2015, 04:29:56 AM »
Well, we need it. There have been Vet Expenses for the last two days. Not a problem as my husband and I agree that's what money is for, but we have some making up for it to do.
No gift shopping at all yet, but I can get most everything with an accumulated Amazon card balance.
There will be some travel, probably 900 miles or so of driving when all's said and done, though in shorter doses.

I hate Christmas.

So. We'll buy presents. We'll buy more doggy medication. We won't buy stupid shit for ourselves,and we won't drive to work as much. Best I can do this month.

I have SO walked in your shoes, Rural. For somewhere around 20 years I did. Kids, minivan, diapers, toys, food, 650-700 mile drives. Same sacrifices you're talking about just to be able to make the damn trip. SLUG it out, slug it out! Carve out some savings, optimize and find cash flow efficiency. Put your mind to it and you will get there. FIRE, that is.... 

EDIT: Removed the "Debbie Downer Stuff". :-)


Oh, we'll be fine. I hate the travel, but we still go to families rather than the reverse, and we're still lucky enough to have our parents to go to. No kids here, and some of the driving is not leaving the dogs alone overnight (especially this year with her sick). But I don't think we'll really have to sacrifice anything - we're constantly surprised to find ourselves at the point where we can just handle an emergency. It's a happy place to be.

pachnik

  • Handlebar Stache
  • *****
  • Posts: 1905
  • Age: 61
  • Location: Vancouver, BC
Re: Despendber
« Reply #16 on: November 28, 2015, 08:19:26 AM »
I'm in (I am scared, but I am in).  Not scared of you guys, but scared of the holidays.

Goals: 
Send in usual RRSP cheque.  I will do this on Dec 3 since I get paid on Dec 4.  Plus it gets it out of the way.
Keep an eye on the miscellaneous column on my tracking spreadsheet.   Needs vs. wants is the thing.

Disadvantages:
Mr. Pachnik and I are going to buy a TV.  We've been without one now for a year and a half.  What has changed, is that in Canada the cable providers must provide a basis cable package that costs no more than $25.00/month starting March 1, 2016.  Mr. Pachnik missed watching hockey and NFL and I did like watching the local news.   He's going to research which TV we buy.  Probably won't buy it until January though?
Holiday season.  Enough said.  But I do have a Christmas budget and my Christmas is pretty basic compared to lots of peoples.

Advantages:
Group support here. 



Zaga

  • Magnum Stache
  • ******
  • Posts: 2561
  • Age: 45
  • Location: North of Pittsburgh, PA
    • A Wall of Hats
Re: Despendber
« Reply #17 on: November 28, 2015, 12:24:51 PM »
Well November was a tad rough, but we still managed to put $416 in savings above our regularly scheduled 401-K contributions and debt paydown.

December is looking like it will be tight as well, because of planning ahead for take home pay to decrease come January (changed withholding, different medical plan with HSA withdrawals).  However I still think we will be able to put over $300 into savings above what is already planned for 401-K and debt paydown.

FrugalShrew

  • Magnum Stache
  • ******
  • Posts: 2807
Re: Despendber
« Reply #18 on: November 28, 2015, 02:47:25 PM »
I'm in! I've been allowing convenience expenses to creep up, especially at work. With a little advance planning, most of those expenses could be eliminated without me feeling it at all. I just need to be attentive. Excited to join the challenge!

Seppia

  • Pencil Stache
  • ****
  • Posts: 616
  • Age: 45
  • Location: NYC
Re: Despendber
« Reply #19 on: November 29, 2015, 09:24:23 AM »
I'm in as well!
I'm moving to a different continent, and even if it is paid for by my new company I will surely incur in some unexpected costs anyway.
Will do my best!

I'm a red panda

  • Walrus Stache
  • *******
  • Posts: 8185
  • Location: United States
Re: Despendber
« Reply #20 on: November 29, 2015, 09:52:11 AM »
I started another thread but have been encouraged to join here.

After about $20,000 in out of pocket medical expenses last month (with quite a bit more to come... my goodness, the situation really sucks-and the financial hit is not helping; thank God we are in a place where we could pay this all without debt) we need to start rebuilding our cash savings. Therefore, I am doing a December no buy. 

Exceptions are groceries my husband asks me to get (he does the food shopping) and anything with swagbuck gift cards.
But I can't buy anything for myself or the house.  This is typically the hardest time of the year for me to save, as it is dreary and buying stuff makes me happy, and everything is on sale.  But we really don't need anything. So I'm not getting anything!

My standard Christmas budget of $30 per niece/nephew still is valid; though they are probably just getting checks, so I'm not going to buy anything. 

carozy

  • Bristles
  • ***
  • Posts: 428
  • Location: San Francisco
Re: Despendber
« Reply #21 on: November 29, 2015, 11:26:36 AM »
I'd like to join!

Goals:

I'd like to get my dining out spending down.  I have one dining event (Festivist) with friends that is planned.  I would also like to meet up with three other friends but hope to make it a homemade dinner affair (if they're willing - I don't have a place to invite them over to).  Lastly, I am dating someone and I'm hoping to move us from going out and spending money to staying in and saving money.


Disadvantages:

Hm.  Can't think of anything.  Luckily no big bills on the horizon.


Advantages

I have most of my Christmas and December birthday gifts shopping done.  I'm hoping to finish it all before December.  An advantage from last month is that Nanowrimo will be over with, so no more spending money at cafes or restaurants after work - it'll be go straight home and save money.

The saved money will go toward my emergency fund, which needs to be rebuilt.

choppingwood

  • Pencil Stache
  • ****
  • Posts: 531
Re: Despendber
« Reply #22 on: November 29, 2015, 12:03:46 PM »
After about $20,000 in out of pocket medical expenses last month (with quite a bit more to come... my goodness, the situation really sucks-and the financial hit is not helping; thank God we are in a place where we could pay this all without debt) we need to start rebuilding our cash savings. Therefore, I am doing a December no buy. 

Exceptions are groceries my husband asks me to get (he does the food shopping) and anything with swagbuck gift cards.
But I can't buy anything for myself or the house.  This is typically the hardest time of the year for me to save, as it is dreary and buying stuff makes me happy, and everything is on sale.  But we really don't need anything. So I'm not getting anything!

You've done really well if you were able to pay these medical expenses without debt. I hope the medical situation improves.

Have you given any thought to how to make December less dreary for yourself without buying stuff. I feel that way in November but this year actually had a pleasant month, getting lots of free movies and books at the library and going for walks in the afternoon, when there was some sunshine. In December, maybe there are activities or music?  I also do better if I stay away from stores and magazines, since they make me want to buy stuff I don't even know I would want.

In any case, good luck! I am going on a low information diet (including no MMM Forum) for December, so I won't be joining you.

I'm a red panda

  • Walrus Stache
  • *******
  • Posts: 8185
  • Location: United States
Re: Despendber
« Reply #23 on: November 29, 2015, 01:08:07 PM »
Quote
You've done really well if you were able to pay these medical expenses without debt. I hope the medical situation improves.
Thanks. Being good savers really makes dealing with these things better. Lots of people would be totally screwed in situations like this.  That was the AFTER insurance expenses. Unfortunately it won't get better; but we are working to recover from the situation, because it is now over- I lost my baby at 29 weeks. (I found out about some extreme complications with my pregnancy, and most of that bill was genetic testing for baby, and after finding his results; me, and husband; and then the delivery when we found out his heart had stopped and I was induced.)

Quote
Have you given any thought to how to make December less dreary for yourself without buying stuff.

I really don't know.  The last month has been absolute hell, so I'm thinking anything else will be better.
But there isn't much to do in the winter around here because it is so darn cold (we don't have snow yet to XC ski; but once we do, it needs to be above 15 F for me to be willing to do that). I would like to start working out again, and already have good videos for doing that at home, but am waiting for doctor clearance, and the earliest for that is mid-December.  If it will snow, my husband can go XC skiing, but since I rent skis that won't work until we start spending a bit again.

There are a few parties to go to, but I'm honestly not sure if I am up to seeing people in large groups yet.
« Last Edit: November 29, 2015, 02:26:38 PM by iowajes »

Seppia

  • Pencil Stache
  • ****
  • Posts: 616
  • Age: 45
  • Location: NYC
Re: Despendber
« Reply #24 on: November 29, 2015, 01:38:39 PM »
Be strong, very sorry to hear this.
Hugs.

choppingwood

  • Pencil Stache
  • ****
  • Posts: 531
Re: Despendber
« Reply #25 on: November 29, 2015, 02:19:20 PM »
Iowajes,

I am so sorry about this. What a difficult thing for you and your DH to be going through.

I imagine you'll need some quiet time. All the best as you recover.
 
Extreme cold, I know about. (I live in northern Alberta.) We just dress warm and go out anyway. I walk quite a bit. It is better for my mood if I do that when it is light out or in a space that is well-lit. And we keep busy, though it is hard to get moving! Once you've got your doctor's OK, I'm sure you'll figure out what works for you.


Faraday

  • Handlebar Stache
  • *****
  • Posts: 1191
  • Age: 63
  • Location: NC
  • Solar Powered Slice
Re: Despendber
« Reply #26 on: November 29, 2015, 06:14:22 PM »
I started another thread but have been encouraged to join here.

After about $20,000 in out of pocket medical expenses last month (with quite a bit more to come... my goodness, the situation really sucks-and the financial hit is not helping; thank God we are in a place where we could pay this all without debt) we need to start rebuilding our cash savings. Therefore, I am doing a December no buy. 

This is badass and a perfect example of how living mustachian can save one's bacon in a bad situation. You are a credit to the forums, iowajes!

I'm a red panda

  • Walrus Stache
  • *******
  • Posts: 8185
  • Location: United States
Re: Despendber
« Reply #27 on: November 29, 2015, 07:24:49 PM »

This is badass and a perfect example of how living mustachian can save one's bacon in a bad situation. You are a credit to the forums, iowajes!

As hellish as the past month has been I cannot imagine what it would have been like if we even had to think for a second about where the money would come from.

DH is on board with a very lean December- but I don't know how long true austerity will last; he's pointed out to me that we've bought cars for more than the bills will come out to (I think when all is said and done it will be $30k out of pocket for last month; because DH also got lasik...  But we aren't 100% mustachian, so while we both drove our last car for 10+ years, we buy new ones, and he has an Escape hybrid.)  However, the cars were a planned purchase- and these bills were NOT.

But yeah- my FIRE will take a hit; but otherwise, we can pretty much just carry on financially without noticing much.

Jeremy E.

  • Handlebar Stache
  • *****
  • Posts: 1946
  • Location: Lewiston, ID
Re: Despendber
« Reply #28 on: November 30, 2015, 11:43:34 AM »
I'm all in,

My average monthly spending is $1,624,
I will try to spend less than this by reducing grocery spending, and am forced to no longer pay for insurance and gas as I no longer have a car.
One challenge I face is that my girlfriend won't let me put the thermostat lower than 60 degrees, so the electricity bill will be higher than most months.
Another challenge is riding my electric bike to work on my 17 mile each way commute when it snows heavily.
My last challenge is that Christmas is coming and I'm going to get gifts for my nephews and nieces.

Good Luck All!

Faraday

  • Handlebar Stache
  • *****
  • Posts: 1191
  • Age: 63
  • Location: NC
  • Solar Powered Slice
Re: Despendber
« Reply #29 on: November 30, 2015, 03:42:07 PM »
I'm all in,
...
Another challenge is riding my electric bike to work on my 17 mile each way commute when it snows heavily.
My last challenge is that Christmas is coming and I'm going to get gifts for my nephews and nieces.

Hi Jeremy - do you have rear rack and pannier capability? I like Ortlieb panniers, they are huge and water resistant/repellent/proof.

Jeremy E.

  • Handlebar Stache
  • *****
  • Posts: 1946
  • Location: Lewiston, ID
Re: Despendber
« Reply #30 on: November 30, 2015, 04:13:12 PM »
I'm all in,
...
Another challenge is riding my electric bike to work on my 17 mile each way commute when it snows heavily.
My last challenge is that Christmas is coming and I'm going to get gifts for my nephews and nieces.

Hi Jeremy - do you have rear rack and pannier capability? I like Ortlieb panniers, they are huge and water resistant/repellent/proof.
I have a backpack and a waterproof backpack cover, as well as bungie straps to keep it on my rack. I just looked up those panniers and it seems they are hundreds of dollars, which is way more than I'm willing to spend to do something that something I have can already do. Thanks for the suggestion though, the convenience would be nice but that's just too much.

tomita

  • Stubble
  • **
  • Posts: 147
  • Location: Canada
Re: Despendber
« Reply #31 on: November 30, 2015, 07:41:29 PM »
I bought very good paniers (fietstas) and similar with
http://www.promofolder.nl/nl/winkels/blokker/fietstas-27031

the price is very reasonable in NL, 9.99EURO for those and i got mine for ~8 EURO
let me know if you need more info

Faraday

  • Handlebar Stache
  • *****
  • Posts: 1191
  • Age: 63
  • Location: NC
  • Solar Powered Slice
Re: Despendber
« Reply #32 on: November 30, 2015, 08:28:45 PM »
Hi Jeremy - do you have rear rack and pannier capability? I like Ortlieb panniers, they are huge and water resistant/repellent/proof.
I have a backpack and a waterproof backpack cover, as well as bungie straps to keep it on my rack. I just looked up those panniers and it seems they are hundreds of dollars, which is way more than I'm willing to spend to do something that something I have can already do. Thanks for the suggestion though, the convenience would be nice but that's just too much.

Amazon FTW:
http://www.amazon.com/Ortlieb-Back-Roller-City-Rear-Pannier/dp/B007CNKOTK/

Similar product, similar price. I might try it because you can get it with performancebike "points":
http://www.performancebike.com/bikes/Product_10052_10551_1113065_-1_400103__400103

I use a backpack now for things like grocery shopping but I can't carry very much at all. Usually I end up balancing a plastic grocery bag on one side of the handlebar. So I'm thinking panniers might be a good bit safer and more stable for grocery trips. Also thinking about one for the wife, because she's got nothing at all.

Juslookin

  • Bristles
  • ***
  • Posts: 321
Re: Despendber
« Reply #33 on: December 02, 2015, 11:37:31 AM »
I've been lurking a bit so decided to commit to Despendber.

My gift shopping is all done. Only holiday expense is still a real tree, we will go to the farm and cut it down, $30 expense. What I won't buy is the cute little pine mailbox huggie I usually get for $25.

Some minor expenses coming for holiday commitments. Parking cost for husbands work party in the city, I have an annual dinner out scheduled with the girls.  I'm not going to skip it but I might eat at home and just do salad. I'm designated driver so no drinking for me. Overall it should be a cheap night out, and it only happens once a year.

Other than these items we are looking at multiple months of only essential spending to bulk up our savings.

The good thing is I did a ton of freezer batch cooking last month so dinners are a breeze now. No excuses for take out.

December is a great month to start this, with all of the craziness surrounding me I feel like I am always enticed to spend too much this month. Parents gave me a $100 Visa card for Christmas. I'm hoping that covers a large portion of our food costs this month. We are very well stocked in pantry and freezer.
« Last Edit: December 02, 2015, 11:41:27 AM by Juslookin »

Bracken_Joy

  • Walrus Stache
  • *******
  • Posts: 8564
  • Location: Oregon
Re: Despendber
« Reply #34 on: December 02, 2015, 12:07:54 PM »
Skipping our Costco grocery stockup this month, as we will be gone a couple weeks this month. Hoping this means we get creative with the groceries we do have, rather than buying the same items for more $ elsewhere.

Paid an extra $500 to DH's highest interest rate loan today. My first payment on my loans, of $270 (ouch) is due this month- (another $110 monthly to join in January, wee). We're purposely putting the squeeze on ourselves to have this come from last month's paycheck, not cash on hand, so that we're forced to be more conscious about our other spending this month.

FrugalInTraining

  • 5 O'Clock Shadow
  • *
  • Posts: 14
Re: Despendber
« Reply #35 on: December 04, 2015, 08:14:20 PM »
I did okay this week.  No major purchases, and I cooked in frugal fashion - using bits and pieces from the fridge to limit waste and postpone shopping.  I'm loving stuffed peppers! Very flexible for using whatever is on hand for the filling. 

I also successfully resisted making most (not all) snack/coffee purchases.  There is an emotional component that I tried to recognize and then redirect myself to the goal of strengthening my frugality muscles and being more badass.  I'll do better next week by packing snacks and restocking beverages at work. 

Going forward I need to communicate shopping plans to my husband and mom (she lives with us).  They made some purchases I had planned to make on a bulk shopping trip this weekend because we ran out.  Lesson learned! 


Sloeginfizz

  • 5 O'Clock Shadow
  • *
  • Posts: 87
Re: Despendber
« Reply #36 on: December 05, 2015, 12:15:37 AM »
I'm not a fan of the Ortlieb panniers. Not only were they expensive, ours didn't last very long. After a couple of years, ours ripped at the place where the black fabric meets the bright plasticy fabric. Split right along the seam there and I couldn't figure out how to fix them. I have a pair of Detours Toocan now and I love them. There's no seam to split like with the Ortliebs and they have a very sturdy hard plastic bottom so they sit flat for loading. I'm not sure about the Toocan 2.0 that's available new now. They're much more expensive than what I paid for my Toocan's four years ago. But I checked ebay and there are several available in like new condition for about $50.

My goal is to put $2000 in my investment account in December. I can normally swing about $1000, but got a bonus for not quite $1000, so I think I can squeeze the rest out for double my normal amount. It helps that we're skipping christmas this year.

Nancy

  • Guest
Re: Despendber
« Reply #37 on: December 07, 2015, 02:20:51 PM »
My goal is to reduce my spending so I can cover the cost of a medical bill without lowering my SR.

I'm a red panda

  • Walrus Stache
  • *******
  • Posts: 8185
  • Location: United States
Re: Despendber
« Reply #38 on: December 09, 2015, 07:33:02 AM »
9 days in and doing okay.
The nephews decided they DID want Christmas gifts, so I had to spend $6 to get the stuff for that (the rest was covered by a gift card that had been in my purse for over a year.) 

But still resisting all the fun stuff on sale right now. Since I'd really like to buy things to distract myself and make me happy right now, it's been a challenge. But I can do that in January, and I won't want to as much because things won't be on sale then.

pachnik

  • Handlebar Stache
  • *****
  • Posts: 1905
  • Age: 61
  • Location: Vancouver, BC
Re: Despendber
« Reply #39 on: December 09, 2015, 08:46:31 AM »
I'm doing okay as well.  Just keep thinking "wants" / "needs".

I do need a pair of rain boots - those rubber ankle-high boots - to keep my feet dry so I'm off to buy those today.  As long as I stay prepared with the necessary food on work days I am going to be okay.

pachnik

  • Handlebar Stache
  • *****
  • Posts: 1905
  • Age: 61
  • Location: Vancouver, BC
Re: Despendber
« Reply #40 on: December 10, 2015, 08:24:57 AM »
I picked up one of the free newspapers to read on transit yesterday morning.  My horoscope said:

"Get down to business.  Enter a three-week financial management phase, with Mercury in Capricorn.  Budget for growth..."

Do you think the Universe is trying to tell me something?  :)

Faraday

  • Handlebar Stache
  • *****
  • Posts: 1191
  • Age: 63
  • Location: NC
  • Solar Powered Slice
Re: Despendber
« Reply #41 on: December 10, 2015, 11:04:15 AM »
I picked up one of the free newspapers to read on transit yesterday morning.  My horoscope said:

"Get down to business.  Enter a three-week financial management phase, with Mercury in Capricorn.  Budget for growth..."

Do you think the Universe is trying to tell me something?  :)

Can't tell about the stars, but savings and investments speak clearly and loudly.

Rural

  • Walrus Stache
  • *******
  • Posts: 5093
Re: Despendber
« Reply #42 on: December 10, 2015, 01:40:35 PM »
Continued "failure" in the form of doggy medication today, but that's the whole point anyway. I also spent quite a bit on a business trip last weekend, but that's not really spending; it's credit card rewards courtesy of my employer.


All Christmas shopping is now done with gift cards, though I did spend $8 at Dollar Tree for wrapping supplies and some household supplies. This year's out of pocket holiday expenses are likely to be gasoline only, with some food from the pantry.

I'm a red panda

  • Walrus Stache
  • *******
  • Posts: 8185
  • Location: United States
Re: Despendber
« Reply #43 on: December 15, 2015, 08:24:49 AM »
Haven't spent any money, though I have spent a few gift cards.
Since the purpose of this was to help refill the bank account, that's nice.

However, I just found out that the insurance company is almost certainly not paying for the genetic testing we had done (we will put in an appeal- I think it meets their medically necessary criteria: the baby was found to have a severe chromosomal issue, so it seems like his should be covered; and we needed to determine if we were carriers before another pregnancy, so it also seems like by their own definitions it should be covered; but it's $10k, so of course they will give us a run around hoping we give up); so my $15k in medical bills may soon be $25k.

Thank god for savings; but OMG, could a sucky situation just be worse?

So I think i'm in for many months of "no buy" to recover that.  (Though it still costs less than the SUV we bought with cash 5 years ago...)

Bracken_Joy

  • Walrus Stache
  • *******
  • Posts: 8564
  • Location: Oregon
Re: Despendber
« Reply #44 on: December 23, 2015, 10:57:02 AM »
Advantages:
-We will be visiting family, so this *could* result in low food costs, low utility costs, and gas for our roadtrip being gifted by parents
-On our roadtrip, we will be car camping. Past years we have had at least one hotel stay to the tune of $120, sometimes two stays. Going to plan ahead and skip that this year.

Disadvantages:
-The holidays. We're trying to keep it sub-$100 for each side of the family for gifts. But we are driving 2,400 miles next month on a roadtrip, and that is not cheap.
-It's never predictable whether my family will give us money to offset the cost of visiting them. Also, since we are the "weakest" in the war of attrition about laziness, we end up cooking and buying most of the food while there. Most years, this is fine, since my parents pay us back. Sometimes though... we will see.
-Less work. While this won't change income for DH until January (we live off his last month's paycheck), I'm paid weekly so my income will be lower.

Goals:
-Keep our roadtrip as cheap as possible. Pack all food, car camp, plan out gas using GasBuddy. DH is great at driving for good fuel economy, so that always helps. Plan out route so we don't get stuck in horrible LA traffic using an obscene amount of gas, like last year.

Planned spending:
-$200 gift budget
-$400 gas budget
-$75 clothing for DH (underwear and a sweatshirt)
-$20 to starbucks card for the trip
-$50 restaurant budget (give us an escape opportunity from family if needed)

Okay, we have returned from the roadtrip. Time for the overview! It was a mixed bag. This trip ended up... weird. On the way down, a relative had a health crisis and so we had to detour to downtown San Francisco. But not before going through the Siskayou pass in a snowstorm, so we had to buy chains. That whole thing was chaos. We decided to do the 1/101 up the coast on the way home, except then there was a giant storm. Some exciting bits involving the ocean ON THE ROAD, so we cut back to I5... anyway, there was even more driving than usual.

Successes:
We did NOT stay in a hotel. On the way down, we stayed at Relative-who-was-in-hospital's house. On the way back, we camped on the California coast ($20 developed site... there isn't really any dispersed camping anywhere accessible in Cali. Still, $20 is better than $120 for a hotel room).
I think my parents plan to reimburse for gas, particularly since $$ went to detouring through SF and taking care of family member. I guess being that family "on call" nurse has its perks!
Gift Budget- we stayed on target for both families, coming in at $140 total for everyone.
Income- ended up being fine, about $300 less than last month, but not majorly less. I picked up an extra shift before leaving.

Failures:
FOOD. The whole trip ended up so ridiculous, with the hospital and everything else, that our ability to self-regulate for food went to hell after the first day for the trip. Planned $50 restaurant budget came out the $103 =\ We even packed food for in the car, had Via pouches, etc, but we didn't wanna. *eyeroll*. We kind of had to pick our battles, but after so many months of killin' it on the restaurant front, it was a bit disappointing.
COFFEE- God I don't even want to admit to this. We started with $20 on the starbucks app, even, and then did another $50 of coffee. So $70 total. Ouch.
GAS- did end up being far more expensive than anticipated. See: downtown SF, coastal storms, Oregon storms. Instead of the $400 planned, we ended up at probably $550. I still need to pull together all the receipts on this. BUT, this was also a success- I did use gas buddy the entire time, so this was less than it could have been!

I'm a red panda

  • Walrus Stache
  • *******
  • Posts: 8185
  • Location: United States
Re: Despendber
« Reply #45 on: December 23, 2015, 11:01:23 AM »
Still doing well.
Have only spent gift cards all month. Pretty happy about that.

In a fit of depression I signed up for Postcrossing (which is way frivolous)- so I need to buy some international postage, but I can move it to January to artificially meet this goal. I made the postcards using craft supplies though, so that is a bonus, as I need to use up a lot of those supplies to declutter!

Zaga

  • Magnum Stache
  • ******
  • Posts: 2561
  • Age: 45
  • Location: North of Pittsburgh, PA
    • A Wall of Hats
Re: Despendber
« Reply #46 on: December 23, 2015, 01:08:53 PM »
Well November was a tad rough, but we still managed to put $416 in savings above our regularly scheduled 401-K contributions and debt paydown.

December is looking like it will be tight as well, because of planning ahead for take home pay to decrease come January (changed withholding, different medical plan with HSA withdrawals).  However I still think we will be able to put over $300 into savings above what is already planned for 401-K and debt paydown.
Well this did not and will not happen, the car repair that should have cost $400 ended up over $700 because of excessive rust under the car.  Ugh.  But still cheaper than replacing the car just yet.

However, we did not take anything OUT of savings, so I'm going to call December a break even month.  And regular 401-K investments plus over $1K in debt paydown as usual.  Not break even then, but not as good as hoped.

pachnik

  • Handlebar Stache
  • *****
  • Posts: 1905
  • Age: 61
  • Location: Vancouver, BC
Re: Despendber
« Reply #47 on: December 23, 2015, 01:28:50 PM »
I'm in (I am scared, but I am in).  Not scared of you guys, but scared of the holidays.

Goals: 
Send in usual RRSP cheque.  I will do this on Dec 3 since I get paid on Dec 4.  Plus it gets it out of the way.
Keep an eye on the miscellaneous column on my tracking spreadsheet.   Needs vs. wants is the thing.

Disadvantages:
Mr. Pachnik and I are going to buy a TV.  We've been without one now for a year and a half.  What has changed, is that in Canada the cable providers must provide a basis cable package that costs no more than $25.00/month starting March 1, 2016.  Mr. Pachnik missed watching hockey and NFL and I did like watching the local news.   He's going to research which TV we buy.  Probably won't buy it until January though?
Holiday season.  Enough said.  But I do have a Christmas budget and my Christmas is pretty basic compared to lots of peoples.

Advantages:
Group support here.

Well, I forgot to put "alcohol" into the Christmas budget.  Came out to about $80.00 (for my half).  Considering we're hosting 10 adults on Christmas Day + using 2 bottles of wine as "Secret Santa" gifts, it probably isn't so bad. 

Had a few little Starbucks visits last week which wasn't great.  But I get paid on January 1, so will send in my January RRSP contribution the day before to keep myself honest.

So a mixed bag. 

Bracken_Joy

  • Walrus Stache
  • *******
  • Posts: 8564
  • Location: Oregon
Re: Despendber
« Reply #48 on: December 28, 2015, 10:16:00 AM »
While I won't break our 70% SR goal (quite the opposite, we will be lower than previous months), we did pay $500 to student loans and put $2,200 into the house downpayment fund.

Ended up spending more overall than anticipated. However, if we do get gas paid back from my parents for the drive to visit them, our SR should be about 65%, which isn't too shabby, actually.

Not our most frugal month, by any stretch, but a decent way to end the year!

I'm a red panda

  • Walrus Stache
  • *******
  • Posts: 8185
  • Location: United States
Re: Despendber
« Reply #49 on: December 28, 2015, 01:39:21 PM »
Still doing well.
Have only spent gift cards all month. Pretty happy about that.

In a fit of depression I signed up for Postcrossing (which is way frivolous)- so I need to buy some international postage, but I can move it to January to artificially meet this goal. I made the postcards using craft supplies though, so that is a bonus, as I need to use up a lot of those supplies to declutter!

depression and sleeplessness are responsible for the vast majority of my stupid spending. I need to get a Breathalyzer - style control on my money that evaluates my emotional wellbeing and level of restedness before I can buy things.
I hope you're feeling better.

Well thankfully this will only add like $5 to the budget to get the cards mailed out. I think I might keep doing it though. It's been fun making the postcards, and it means I'll get mail too.

I'm doing okay. I don't think I'm clinically depressed, so that's good; but life got really hard. I don't know if it ever gets all the way better, but already over the past month it's gotten a bit better, so I expect it will keep doing so.

I did have to spend some non-gift card money though. I had to buy my in-laws a christmas gift and couldn't use money lying around the house in plastic, so that's $30.
I have shopped a good amount on gift cards (but the purpose of this was to heft the savings account back up), and have that $4.80 in postage to buy on the first :)

We did however find out the $15k procedure that insurance wouldn't cover they MIGHT cover as out-of-network, so maybe I'll get a few dollars back... I'm sure once they put in all the adjustments though its like ten bucks; but hey- money I didn't have before. So I'm going to see what I can get.