Friday’s Frugal Five

Gosh, it’s really been a minute since I’ve done a Friday Frugal Five post.

And again, I am not ashamed to admit that I completely stole the Frugal Five from Katy Wolk-Stanley of the amazing website The Non-Consumer Advocate.  If you haven’t stopped by her website or facebook group, you really should.  Very inspiring, and a group of great people there.

Ok, here it is.

  1. We (for the most part) stuck to our meal plan this week and stayed out of the grocery store, restaurants and drive thru.  As a matter of fact I made a return netting me $7 and change.  The change went into my change jug.
  2. I increased my 401 contributions and my contingency fund deposits to absorb the raise I got 😉
  3. My bank has a change counter machine that is free to their customers so I cashed out my change jug and deposited that money into the freedom account category that is closest due (taxes!)
  4. I set up my freedom account categories for 2017 and adjusted those deposits accordingly.
  5. I bought nothing this week.  I put gas in the car and paid my insurance deductible for my physical therapy appointment, that’s it.  (Yes, I’m still in PT for cutting my finger – NOT frugal at all!)

Contingency Fund:  A contingency fund is a fund for emergencies or unexpected outflows, mainly economic crises such as a loss of a job or long-term illness or disability.  A three to six month fund to cover the cost of living expenses.

Freedom Account:  Think of the Freedom Account as a sort of holding bin. You deposit small sums into it each month because you are thinking ahead: You’re anticipating bigger, specific expenses down the road like annual insurance premiums, home repairs, personal property taxes…
(for example if you want to save $1,000 for personal property tax due on January 1st of next year and you get paid twice a month you would make 24 deposits of $41.67 into the contingency fund account to accrue the $1,000 you will need by then)

If you are familiar with Mary Hunt and Debt Proof Living, then you are more than likely familiar with the contingency fund and freedom account terms.

What frugal fun did you have this week?

Till next time,

Lori

 

Happy Anniversary!!!

It was one year ago today that I smoked my last cigarette!  Wooo Hooo, can I get an Amen?

This is the thing, I’ve stopped smoking many times before January 4, 2016 but never had I quit.  I now understand the difference.  I can honestly say that I will never smoke another cigarette.

It wasn’t easy quitting, as a matter of fact it was very hard.  See, those cigarettes had been my best friends for a long long long time.  They were always there for me, for the good times and the bad.

It came down to one thing…  I had to want to quit more than I wanted to smoke.  I say that because even now I still sometimes get a craving but it passes quickly.

I had a mantra that I would say out loud when I got one of those cravings and it was “It’s NOT an option”  and it truly wasn’t an option.  I was quitting the cigarettes so smoking was not an option.

Savings:  Each week I put the money I would’ve spent on cigarettes into a jar.  I knew if I didn’t separate and put that money aside that it would get absorbed into other spending categories.  I wanted to be able to see and physically touch the money for motivation.

Weight gain:  Well honestly I didn’t worry about it, and yes in the past year I’ve gained three pounds.  I don’t know if I can even blame that on the smokes.

Triggers:  being in the car was a huge trigger for me.  A good friend suggested audio books to keep my mind occupied rather than thinking about smoking.  What a game changer that was!  I was thinking about someone elses story instead of mine.  This was a huge part in the success of quitting.

Cravings:  I found that hard cinnamon candy worked well for my cravings.  I suppose it was the little bit of burn from the candy that I liked.  It also helped that it was right after Christmas and I had a big bag of it.

Anxiety:  There was definitely some anxiety associated with quitting smoking and we just did the best we could to recognize what and why it was and moved past it.  I had another dear friend tell me that she used to bake bread and give it away while she was quitting smoking.  It was the kneading and punching the dough that gave her some relief from the anxiety of quitting.  What a clever idea, and she had the wonderful smell of bread baking filling her kitchen.

Talk About It:  Talk openly about your effort to quit.  Seek motivation from others, and if those others don’t motivate you then find different people that do.  Trust me, for all the cravings and desire you have to smoke a cigarette there is a smoker out there buying a pack of cigarettes wishing that they weren’t.

I thought I loved every cigarette I smoked.  I really thought I enjoyed smoking.  But honestly I only liked the first couple of draws and then it seemed like the cigarette smoked me.

Quitting smoking was one of the best things the Z Man and I did for ourselves and I’m very proud that we have kicked those nasty cigarettes to the curb.

Perhaps you are in the midst of quitting something right now.  Just remember to take it easy on yourself, be kind to yourself and remind yourself why you truly want to quit.  It won’t be easy, buy you are strong enough and you are worth the effort.

You can do it, I know you can and I am right here cheering you on, friend!

Or, perhaps you’ve already quit and have kicked it for even longer than we have, I’d love to hear your story too.

Take care,

Lori

Ps.  Here is what we did with my quit smoking money.  Football Baby!

game-3

 

 

 

2017 Resolutions

It’s almost that time of year again.  A time of reflection and a time of new beginning.  A new slate, a new piece of fresh, clean, crisp, bright white paper to start writing on using your best pen and best handwriting.  Can you smell the freshness of it?

I’ve been giving a lot of thought to the changes I’d like to implement in my life for 2017 and my thoughts keep leaning toward peace, forgiveness, pleasure and beauty.

Those thoughts leave me interested in learning to let go of everything that I have no control over.   And, if I really break that down further I have to ask myself, what do I really have control over?   Nothing.

So in realizing that in truth, I have control over nothing, except for my actions or perhaps my reactions, this is what I’ve come up with.

2017 RESOLUTIONS

#1  PEACE AND FORGIVENESS

Letting go of………

  • the hurt feelings
  • the regrets
  • the wish I had done this or that back then
  • the I wasn’t treated right
  • the I wish I hadn’t done that
  • the I did the best I could
  • the I’m not good enough

#2  PLEASURE  

There is a reason the days of the past are called the “good old days” and I’m sure that I’ve never seen “I wish I had worked one more day” engraved on a headstone.

For a long time now I’ve been trying to be uber conservative and frugal and I don’t think there is anything wrong with that, until it becomes extreme and you realize that your happiness isn’t being considered in that frugal conservative process.

Now, I’m not saying I’m going to start spending money willy nilly or not continue to make mindful frugal decisions.  As a matter of fact I intend to become even more detailed in tracking our finances and expenses because retirement is a year closer and we need to be ready.

What I’m saying is I want to find a balance.  I’m not going to quickly pass on the fun, the events or opportunities for pleasure simply because I don’t want to spend the money.  I’m not going to make money the ultimate reason for doing or not doing….

#3  BEAUTY

  • I’m going to plant the flowers even though we can’t eat them
  • I’m going to buy the great pair of shoes because I just love them
  • I’m going to buy the red lipstick
  • I’m going to get my hair done
  • I’m going to do my Yoga
  • I’m going to wear out those new exercise shoes
  • I’m going to eat the chocolate cake and the ice cream
  • I’m going to dress myself in my style, not just for my comfort
  • I’m going to give thought to my wants to understand why I want…..

While I was succesful in 2016 with quitting smoking and quitting a 20 year use of Prilosec, which I am extremely happy about.  2016 was still a bit of a crappy year.  I’m not going to whine about it, because nobody likes a whiner.  I’m just going to say that I had a lot of illness and injury and even battled with a bit of depression.  With all of that, I lost sight of what is most important to me.

I am loved by the most amazing Man and I am completely head over heals in love with him.  He is the love of my life and all he wants is for me to be happy.   It took us a long time to find each other and I don’t intend to waste one more single minute on anything less important and EVERYTHING is less important than my husband.

What about you, do you have any resolutions you want to share.  I’d love to hear about them.

Lori

wedding pic 1