I’m notoriously cheap. I will save money wherever possible. My family regularly tries to convince me I’m extreme (which could be accurate). My mother has kicked me out of her dressing room before for scoffing at a price tag. I come by it honestly though! My PopPop signed all his cards from “Cheapo J” which was no exaggeration. At his recent memorial service, someone mentioned how he would take the rubber bands from the newspaper and put them on his wrist to save for later. He would save them until they fell apart. (I’m not nearly this bad. I keep my rubber bands in a drawer.)
There are times in your life when the cheapest option is the only option. You just deal with it. You stay in the 16 (or 32) bed dorm when you travel. You eat Oodles of Noodles every night and you sleep on the world’s oldest mattress…possibly on the floor. Then there are times when you get to choose. You choose where to spend and where to save. Sometimes you have a lot of choice and sometimes only a little, but still the choice is yours.
For my life, saving is key. Having a focus on saving is what allows us to create an emergency fund, pay off our credit card and put a few dollars in to HEB’s college fund every month. Despite that, there are things that are typically worth the extra money. All of this I’ve learned the hard way:
Flights can get expensive fast BUT purchasing the cheapest flight can often mean driving to a bigger airport, leaving or arriving obscenely early or having multiple layovers. It’s not always worth it. I’ve slept in airports, arrived in my destination (or home) at all hours of the night and taken flights with 3 layovers. Sometimes I’ve done this to save just a few dollars. If the difference is the only the price of a dinner out or less, just cheapen up somewhere else. It’s not worth it on travel.
I am not in favor of purchasing name brand or designer clothes. I don’t see the point, but then again it’s not my thing. It is; however, worth it to buy clothes that will last. Time and time again I’ve skimped on clothes just to have the hem immediately unravel, the cloth start to pill, or a hole develop. I always mend what I can but I will also either continue to wear it way past appropriate or put it away without replacing it. I can’t buy it again! (Also, I rarely return anything but that’s just a personal flaw I’m working on.) Now, I’m trying to focus on buying higher quality clothing during sales or at outlets so I can get more bang for my buck. I have unreasonable expectations on the number of years clothes should last which means I have to invest!
I love eating but often times when I go out to eat I start to nickel and dime things. $2 extra for shrimp? Nope. $1 more for the wine I want? Nope. This is often the biggest problem when I travel. The airport isn’t a great place to find good eats but you can feel satisfied (most of the time) if you spend an extra few bucks. Since everything is ridiculously priced, this like physically hurts me. Regardless I always regret buying the crappy sandwich instead of a decent salad or whatnot. I end up pissed off and still hungry. Just pay up!
There are several times we’ve had to reevaluate being cheap on dog costs. The cheap dog food gave her the itchies. The cheap flea collar gave her… fleas! Deciding not to do dog training classes made me want to lose my mind. In the end we bought better dog food, bought new flea medicine and invested in dog training. All good decisions. Never again will we go the cheap route on these (just kidding, I learn these lessons over and over again).
Home & Garden:
Our somewhat trained dog is a digger. She digs holes in various shady areas to take cool, dirt naps. Then sometimes she also digs in nice soft dirt to bathe in the sunlight. You know where there is nice, soft dirt? My garden’s raised beds. Quickly we determined our garden needed a fence. Despite knowing that Clara is really good at getting into everything we put a welded wire fence with rebar “fence posts”. We used bungee-cords to close our garden fence which Clara has gotten through time and time again. I’d like to say I’ve learned my lesson but we still haven’t fixed it.
I also refuse to let Tyler buy a weed whacker so there’s 3-foot grass surrounding my beds. It makes me not want to go into the garden and weed. Will I never learn?
I’ve tried to manage our budget a couple ways. The simplest is using Excel spreadsheets. Tyler and I kept all receipts for several months and once a week I entered them manually. It was hard to keep up with and I ended up dreading money management time. I also used Mint for a while but it wasn’t user friendly. It always read my purchases incorrectly and put them into the wrong categories. I also had trouble figuring out my budget history. Better Than Never blogger Chrissy talked me into trying YNAB, even though it isn’t free, and I’ve been using it for over a year now. I feel like I have more control over my spending and that I know what’s going on without a pocketbook full of paper receipts. It’s worth doing their 34 day free trial. Use my referral link to give us both a free month!
Some things are just worth the extra money, when and if you can. Good food and good booze are hard to give up so my spending is always high in both of those arenas. WE primarily eat at home which helps balance that out. Location is also key so I’ve always been willing to spend more and/or live with less to live where I want. In Austin my apartments were older but never farther than 5 miles from work. Who needs fancy appliances? For a year I lived within walking distance. This is perfection in my eyes. Forget driving. Screw bike riding. Walking for your commute is by far the most cathartic. Road rage be gone! In Wilmington I maintained the same rule. I wanted to live within bike riding distance from work. Of course, now that we have a baby we don’t ride to work. (Bicycle, I miss you so.)
One day I’ll learn to invest where it’s worth it without wasting money on cheap options ahead of time…