Tag Money

Forget About It

Michael Leave a comment

I cleaned out my desk last week. Not the one at work. That one was cleaned out last summer on my last day. Not the one in my home office. That one was cleaned out of anything of value years ago and the whole room took on more of a storage quality. Well, that sounds too neat. It sort of became a junk drawer with expandable walls. No, the one I cleaned out was the one I use almost every day. It’s the spot where bills are paid, receipts are kept, coupons are sorted, and important papers are stored. After almost thirty years I figured it was time to do some thinning.

Geez, you should have seen the stuff I dug out of those drawers. If they could only talk maybe they’d tell me what I was doing with some of that. There was once a time when I spoke at a lot of conferences and that time reached back to before we put our slide shows on a flash drive and used real slides. For some reason I decided to keep those slides but couldn’t imagine what that reason was. Out they went. Over the years the bank I deal with has been bought, sold, and/or changed names. Several times. Lots of several times. And each time they felt it necessary to change account numbers and thus change checks. And I found all the old checks. Not cancelled ones to prove when I paid for the coffee grinder so I could take advantage of the 90 day warranty. These were the unused leftover checks the bank said not to use after some specific date usually 2 or 3 days before the letter from them was received. I couldn’t recall any good reason why I would have kept checks just as useless as if there was no money in the bank. To the shredder they went. I also uncovered eight (yes, 8) pages of return address labels, 200 labels per sheet, each page with 4 to 6 labels used and the other 190-some waiting patiently to be stuck on an envelope. That was over 1500 return labels. Apparently I paid my monthly bills, did not remember that I had labels somewhere, and printed another page. Several pages found themselves on the inside of the recycle bin.

But the point of today’s post isn’t pre-hoarding proclivities I may be demonstrating. It’s the tale of a specific piece of paper, a single page of a simple form to reclaim lost money. In our state, any sort of property held by an institution in a person’s name is turned over to the state treasury if said person has forgotten about said property. Before it becomes part of the general fund and disappears forever into the current year’s pool for graft, the state conducts a search for the rightful owner. Quite some few years ago I was the rightful owner of an account forgotten at a credit union. Amazingly, years’ worth of fees had not depleted the balance to nothing and there was still money to be reclaimed.

Reclaiming it was easy. All one had to do was prove one was the one being sought and one owned that which was the reason for the seeking. Easy enough, a state issued ID such as a driver’s license is sufficient to prove who I was, or am.  And a copy of a statement from the credit union showing my name and address was sufficient to prove ownership. Hmm, now I began to remember why I had forgotten about this form those many years ago. I actually had a statement from the credit union even though it has been many, many years since I had dealt with them. But that statement had an address three addresses old. According to the nice lady who answered the phone at the state treasury it is a simple process to prove I am that person who lived at the address three addresses ago. Just provide copies of the change of address requests for each change from that address to the one on my current ID.

So in order to get my own money back from the state I have to prove that I once held an account that I completely forgot about when I was living somewhere else in a different century.  I think I just might have remembered why I never finished that form.

That’s what I think. Really. How ‘bout you?

Buy, Save, Repeat

Michael 2 Comments

Congratulations!  You are about to discover a sure fire way of making money at home.  No, it’s not stuffing envelopes or even the twenty-first century equivalent, sending out serial e-mails.  No, it’s not completing surveys or even the old-fashioned equivalent, convincing patsies that they can make money by giving others their opinions.  It’s not coupon clipping, rebate responding, or cyber shopping.  It’s insurance!  Specifically, auto insurance.

Lately my mailboxes, old-fashioned and new-fangled, have become repositories for solicitations to change my car insurance.  I’ve had the same insurance for over 20 years and they say that is when one should seriously consider switching.  Complacency builds and what was a bargain then can be a wallet buster now.  So I took a good look at some of the offers and discovered that there indeed was money to be saved.  In fact, there was money to be made.

Every offer had some huge savings that I was overlooking.  There were savings of $400, $450, even $500 to be had.  There were premiums as low as $19 per month.  There were offers of 75% off of what I am currently paying. It didn’t matter if it was a big company, little company, on-line only, or multi-service.  The insurance version of the name brands – Liberty Mutual, Travelers, Nationwide – were represented.  The ones nobody had ever heard of but sounding like the name brands – Safeco, National, 21st Auto – were there.  The ones with cute ads – Farmers, GEICO, Progressive – were in on it too.  Everybody wanted to save me money!  Everyone from Allstate to State Farm had cash to offer. How nice of them.

So, here is the plan.  Step one, switch to one of the low premium companies.  The best plan is to replace my current insurance with one that has a monthly premium of the low, low price of $19.  Once that’s established, trade it in for 75% savings over my now new cost for a newer, lower, lower outlay that comes out to the remarkably low, low, even lower as in less than $5 per month.  Now, switch to the dollar savings that range from $415, to $450, to $500 for a total savings of $1365.  Subtract the $5 premium payment and we net an income of $1, 360!  There are enough companies offering these fantastic savings that we can do this at least three times for a total money haul of over $4,000.  That’s a used car.  Not a very good one but a car just the same.  And where there’s a car there’s a need for car insurance.

Car insurance, – a sure fire way of making money at home.  Buy, save, repeat.  You gotta love it!

Now, that’s what I think. Really. How ‘bout you?

 

The Great Annual Christmas Catalog Shopping Guide

Michael 2 Comments

Nine shopping days until Christmas.  Go ahead and count if you like, that’s all that’s left.  Nine days.  Remember, don’t count Christmas Eve as a shopping day, there are just too many other things going on then.  Even if you do count it, that’s not a lot of days left and they almost got by without the Official Annual Real Reality Show Blog Christmas Catalog Shopping Guide.  (Yeah, we missed last year but you can find 2012’s here: “And If You Order Now…” (Dec 17, 2012), and 2011’s here: “Buy The Way…” (Dec. 1, 2011).  If fact, you might want to pull them up as quick references.)

As close as it is to the big day, He’s mailbox has been a virtual dearth of Christmas catalogs.  An honest to gosh absence of some of the biggest names – and prices – of the holiday shopping season.  So scarce are they that it will be almost impossible to top the $500 snow shoes from years gone buy, err, by.  (Ok, so they were only $470.  That was two years ago.  With inflation they have to be $500 by now or they really aren’t from a decent designer.)  True, one can always go on line to find the highest in fashion – and prices – but that’s just not the same as good old fashioned catalog shopping in a good old fashioned recliner preferably while drinking a good old fashion.  So to make up for the lack of the high end “Hammacher Schlemmer” type mailings we will make do with this year’s newspaper insert from “Five Below,” that fabulous outlet where no item is priced more than $5.00.

So let’s start with those snow shoes.  You’ll recall from 2012 that our guide was very high on picking up a family set of these offered in eight designer colors for the low, low price of $470 for the complete ensemble.  Probably not appropriate for outdoors use, Five Below does have Stompeez slippers that “come to life when you walk” at their top of the line price of $5.00, but that is for just one pair.  Outfitting the entire family will set you back a whopping $20.  But, it is Christmas.

A featured item in the 2011 guide was the double barrel marshmallow cannon with dishwasher safe magazines at a very reasonable $39.95.  The current Five Below insert really doesn’t have an equivalent item but it does include a goblet that will hold an entire bottle of wine.  Excess is after all, excess.  And it can be yours for the less than excessive price of again $5.00.

Nothing will ever compare with the $60,000 Optimal Resonance Audiophile Four-Way Three-Dimensional Soundstage Quality Speakers (each requiring its own amplifier, not included) from the 2011 guide.  Imagine where that is priced out today after three years of inflation and obligatory price increases.   We suggested then that if you can afford $60,000 speakers you are encouraged to make a quite generous donation to your local symphony, opera company, musical theater, or other organization requiring pricey speakers and pocket the extra $50,000.  Otherwise, Five Below has you covered here also.  Earbuds, headphones, sound capsules, and even plain old speakers are shown throughout their flyer for your choice at only $5.00 each.  Buddy, can you spare $59,995?

There you go, nine days and one catalog to fill out your “nice list” for this year.  It could be that some of you actually got the high end catalog is your mail boxes this year.  If so, don’t pass it around.  Just keep it to yourself.  It would be a shame if someone got snow shoes again this year.

Now that’s what we think. Really. How ‘bout you.

 

Giving Thursday?

Michael Leave a comment

It’s been a week around here.  Quite a week.  Quite a month.  We made it through Thanksgiving, Black Friday, Small Business Saturday, Cyber Monday, and Giving Tuesday.  And let’s not forget the days leading to and away from these occasions.  What do they have in common?  Giving with a side of Guilt.  We can all admit it.  If it wasn’t for the days between Thanksgiving and Christmas, a lot of us would never get the chance to declare “Charitable Contributions” on next year’s tax return.

Around here one of the local television stations has been for years a major sponsor for an annual Thanksgiving food drive. For weeks they would broadcast PSAs encouraging donations to the local food bank to build the coffers as strong as possible for a special Thanksgiving distribution.  They even convinced a local bank to match cash donations physically made at the bank.  The day before Thanksgiving they announced the total amount raised.  An impressive amount but the amount isn’t important.  What is important is that even then, after all the food was packed, the turkeys were ready, and the meals were being prepared, people wanted to know if they could still donate to the food bank.

It was on Thanksgiving morning that the news programs all led off with interviews of volunteers at missions, shelters, kitchens, or what you will call them who open their doors to feed the poor and homeless.  While the organizers told of the number of men, women, and families who would stop in both to serve and be served, the cameras panned the pans of turkey, stuffing, vegetables, soup, and pies.  And on each TV station the intrepid reporter would ask if they had enough volunteers for that day if someone wanted to stop by to help.

The evening newscast on Giving Tuesday made certain that viewers realized that even though it was late in the day there was still time to hit the Internet to find a worthwhile charitable organization to accept donations.  They also had stories on the Salvation Army’s Red Kettle Campaign, the local clothing drives, and the donations car dealers would make to various associations if one test drove or bought a vehicle.

All of these had some sort of sense of urgency to them.  It was as though those who were responsible for these various drives knew that if the public didn’t get around to giving now it could be another year before people gave of their spare change or their spare time.

It might be that this is the time when wallets are opened more regularly but most people recognize that there are hungry people in May just as there are in December.  That a dollar donated to the free energy fund in spring still heats the water as it does in winter.  That a light jacket in April is just as appreciated as a warm scarf in January.

The needy have no season.  Unfortunate circumstances can befall any one any day.  If you didn’t get the chance to donate to your food bank, coat drive, or other charity this week, there will always be time.  It might have a catchy ring to it but Giving has no special day.  If you missed last Tuesday there are 364 other days to pick from.  And we believe that most do.

Now that’s what we think. Really. How ‘bout you.

 

Thank Your Local Businessman

Michael 1 Comment

Uploading a Thanksgiving blog post used to be easy.  Say thank you to the collective occupations that always worked the holidays – long before anybody even thought of Black Friday.  Those would be your firemen, hospital workers, police and paramedics.  Or…poke fun at those who think Black Friday is the actual holiday and Thanksgiving is an opportunity to carb up before the big race for the savings.  (You can see all of our serious and not so serious thank you posts by typing “Thanksgiving” into the search box on this page.)

This post is going to be just a bit different from those of years past.  This year let’s thank all of our small business owners for still toughing it up and being there with some of the items you’ll never find at the mass merchandisers. This Saturday is Small Business Saturday, an opportunity to support small businesses.  Except for some mega-mergers, aka takeovers, no business ever started out as a Fortune 500 company.  Every business was a small business sometime.  (Now that could make for a catchy little musical number, don’t you think?)  And every small business has something unique to offer.

Whether a local jewelry store, a fashionable private boutique, a corner bistro, or a used book store, it’s the small business that is to variety some of the spiciest of life.  Mind you, there is nothing wrong with patronizing large discount stores.  It just seems that these outfits all have the same stuff.  Even their private label brands are the same, just in different packaging.  If you are looking for a really unique piece of jewelry don’t go to whatshisname.  You’re going to have to find a real jeweler with real tools and real talent to turn your vision into a real present.  Looking for somewhere to take a break during Saturday shopping that doesn’t include “Drive around to the first window?”  Maybe that little diner that’s only open for breakfast and lunch is just the ticket.

In 2013 Americans spent $5.7 billion at small business retailers and restaurants on Small Business Saturday giving them a little of the Thanksgiving weekend shopping spree that started on Black Friday.  It took until the 48th week of the year but for many that was when their balance sheet could finally be printed with black ink.  Small Business Saturday was able to give the business owners something to be thankful for.  The deals you can get from them can make you just as thankful.

Yep, Thanksgiving used to be easy.  Burn a bird, stuff yourself with dressing, cram some cranberries, eat your sweet potatoes, veg out on the couch for a couple parades and football games, take a nap before going to bed, then call off on Friday.  Today you have to decide where to shop, when to shop, should you wait in line at Store A at 5 or go for the one hour guarantee at Store B at 6.  Now you have a new option to consider.  Put “shopping” on your to do list for Saturday and go back to taking Thursday and Friday off.  Go ahead, veg out on the couch for two days!  You’ll thank us for it.

Now that’s what we think. Really. How ‘bout you.

 

Let’s Go Clubbing!

Michael 1 Comment

The holidays are coming.  Some of the retailer advertisements would have had you believe that the holidays came a couple of months ago but with Thanksgiving rolling in next week and Christmas just another month after that, we feel pretty confident saying they are looming.  Soon all our free time will be taken up with cooking, baking, and decorating.  If you’re looking for that last piece of regularly scheduled insanity, this week might be your last chance.  And what better way to close out the insanity than with a weekend at the clubs!

No, not those clubs.  The shopping clubs!  Regardless of the level club you patronize it’s only going to get more frantic from now through Christmas.

To start, there are the classic shopping clubs.  To these you pay a fee for the privilege of being notified of special deals on special days for special people willing to wait especially for that special sale.  Usually only on-line, shopping clubs are clubs in the truest sense.  You have to be invited, you have to pay your dues, and you don’t get to order off the menu.  Gilt Group and Beyond the Rack are two popular shopping clubs.  Some clubs require a membership but without a membership fee.  These are the public pubs of the shopping clubs, usually divisions of other retailers and include Haute Look and Rue La La.

At the other end of the spectrum are the corner bar versions of our clubs.  These are the remainder stores.  Big Lots, Ollie’s, and Tuesday Morning are filled with bargains that nobody else needs, wants, or could sell.  Everybody is welcome and the discounts can be deep.  But be cautious while clubbing at the neighborhood tavern.  Not all of the deals are deals and not all of the merchandise is of the expected deep discount.

The most common of the clubs that will see high level holiday shopping sprees are the warehouse clubs.  Costco, Sam’s and BJs may be the only remaining warehouse clubs in the United States.  Here you pay a fee and buy in large quantities.  So large are the quantities that stand-up comedians have fed on the warehouse clubs since the Price brothers turned an airplane hangar into the first Price Club in 1976.  (If you’re wondering, Price Club eventually merged with Costco.)  You may not need a pallet load of toilet paper but if you want one, the warehouse clubs will sell you one.  Or more.

Yep, it will probably be the warehouse clubs that will be filled this week and weekend as zillions of Christmas lights, mountains of frozen appetizers, plentiful place-settings, hundreds of miles of garland, oodles of electronics, and the occasional occasional chair will be trucked out to pickups and vans and the shopping season opens with a round of clubbing more feverish than Saturday night at a mid-seventies disco.

And they even come with their own cover charge.

Now that’s what we think. Really. How ‘bout you.

 

Some People’s Children

Michael Leave a comment

If you aren’t yet you should be looking forward to the day when you become the parent of an adult child.  Oh when you get down to it they really aren’t all that much different from the non-adult child.  Your parenting skills will still be questioned but then, so will their childrening skills.  Many of the issues you already faced yourself.  Most of the problems will be expected, if not actually anticipated, or at least remembered more clearly.  And usually more expensive.

We figure the expense of childhood issues is going to catch up with the little ones shortly.  It all has to do with the recent wave of television commercials portraying children as members of real families and part of the decision making process.  We’ve had kids in commercials since there have been commercials.  Millions of people know that “Mikey likes it” but probably have no idea exactly what it is that Mikey likes.  But Mikey was cute.  And even at today’s inflated prices, we’re talking about a $3.00 box of cereal.  Not a big budget buster.

No, today’s kids are pushing thousands, even hundreds of thousands of dollars in single transactions just by being, well, by being bad kids.  Let’s start with the youngest in the crowd who carries his blanket with him wherever he goes.  Big deal, lots of kids do that.  But this one seems to take great pride into turning his blanket into an ice cream bowl just for kicks.  Grandma scoops out a nice big portion of ice cream and the kid immediately and deliberately dumps it onto his blanket.  Here that blanket would have then been declared garbage and tossed out with the trash.  There Grandma chuckles and the kid wins.  Again, not a budget buster but far from Mikey’s cuteness and a harbinger of things to come.

Those are the small victories that give other commercial children the audacity to demand their way or the highway.  Take the dad and child off the highway and park them on the rim of the Grand Canyon.  One of the Seven Wonders of the World and the kid sits in the car with the look of “yeah, I’ve seen pictures, so what” across his face.  Dad tries to find a way to “get to” his child, finally deciding to drive his new $30,000 car onto a bison range.  There one of the furry beasts walks up next to the car, fogs the window, and the kid is finally impressed.  You can tell he’s impressed because the voice over tells us so, and for a mere $30,000, plus travel expenses and release statement, you too can impress your child.

Perhaps the greatest display of petulance is the 9-ish year old whose parents determine that he should be part of their spending upwards of a quarter of a million dollars on a house.  House after house they look.  House after house he becomes more and more irked at the selections.  What’s missing here?  Why does he not like any of these fabulous structures?  Because there aren’t any big trees where he can build a playhouse.  It’s not just a house; it’s where you raise your family.  Or so says the pleasant voice at the end of the commercial.  Yeah, right.  And in a year he’ll forget about the tree house and for the next 10 years resent all of the leaves his parents will “force” him to rake every fall.  Them and their darn big trees.

Trust us, you’ll welcome being the parent of an adult child when most of the problems are expected.  And maybe not even more expensive.

Now that’s what we think. Really. How ‘bout you.

 

Second Class, All The Way

Michael 1 Comment

It was during the first week of November this year.  That’s when He’s mailbox saw its first Christmas card.  Just like other years it was from a fund-raising organization.  And just like other years it was indeed a real Christmas card.  Unlike other years it came seven weeks before Christmas – impressively early even by fundraiser standards.

We like Christmas cards here.  They’ve been bought and counted and soon will be signed.  Most will get a hand written note scrawled inside it.  They will be addressed and stamped and put out for the mailperson.  Not as many as in years past but all to the best of recipients.  The most deserving.  The crème de la crème. But none of that just yet.  Not until sometime after Thanksgiving, probably a couple of weeks into December.  Even at Christmas mail only takes a couple or three days to get just about anywhere.  That’s real First Class service.

And that reminds us…back in the day when our parents were sending out Christmas cards there was Second Class mail in the US.  What ever happened to it?   Way back then one could send a card or letter by second class mail.  It seemed the only requirement was that the correspondence could not be sealed.  In exchange for the risk of just about anybody reading your mail (not unlike a postcard), postage was a penny less than First Class mail.  That was when First Class mail was something like six cents.  Today’s USPS rate sheet doesn’t even include the words Second Class but there is something called First Class for Businesses that’s cheaper than retail (read “real people”) Frist Class at 38 cents versus 49 cents.  Hmmm.  We wonder.

Somewhere along the way the post office lost its way a bit.  They’ve lost their share of mail also but that’s not the point here.  It seems to us that whether its 49 cents or 38 cents or $5.75 (that’s for Priority Mail), it’s still a deal to get a letter to any address in the country.  The other guys charge at least $13.50 for two day service and they lose packages also.  Back to the post office, it has lost its way a bit.  Between some late deliveries and salary issues, and whether to deliver or not deliver on Saturday and the general ineptitude that comes from any government agency (they say they aren’t but they really are), some people are losing faith in the service.  But every year around this time more people are planning on counting on the USPS to send their Christmas greetings to the masses.  Not by e-mail, not by text, and certainly not at $13.50 a piece.  Nope, those cards and letters are going by the old stand-by, the post office.

Most of them will go out sometime after Thanksgiving, probably a couple of weeks into December.  With their flaps seals shut.  First Class.  All the way.

Now that’s what we think. Really. How ‘bout you.

 

Big Deposit, No Return – or – Politics as Usual

Michael Leave a comment

Thanks be to all that is holy – “Election 2014” is over!  Woohoo!  Now we can stop with the crazy television ads, incomprehensible radio ads, and unnerving street side campaign signs (although not far from He’s house is a hillside with signs from last fall’s election (yes, it was one of the losers (isn’t that always the case?)).  The questions have been put and answered who will “lead” for the next few years.  The big question (why them?) might never be answered.

No, this post has nothing to do with the politics of politics.  Rather, it’s the economics of politics we’re calling to our question.  Here’s a case in point.  The governor in our state will be making about $190,000 of our money every year for the 4 years he will serve.  That’s about $760,000 total.  He spent over $40 million to get that job, and according to the news, over $10 million of it was his own money.  Apparently he is pretty well off even without the nearly $200K annual stipend.  That means for his job search, he spent (of his own money) 13 times what he stands to make over the next four years.   That’s over 52 times what he spent of everybody’s money to get that job.  Hmmmmmm.  Is this really the man we want proposing a budget for the entire state?

Stop to think about you most recent job search.  If you are absolutely thrilled with your current position you probably still look to improve your standing every now and then.  If your current position pays you well enough that you could afford to spend $10 million looking for a new position we’d probably say that you are pretty thrilled and that current position is fairly secure.  Your search might include checking out an Internet job board or the careers pages of a company you have lusted over since you got into your field.  Total cash outlay, whatever you spend on computer or smart phone access which also includes your e-mail, general searches, everyday access to your favorite websites, blogs and videos, and the occasional cyber shopping trip.  A deal at maybe $500 for the year.  If you land a job that pays that same $190,000 our governor will make next year you would have spent less than one-quarter of one percent of your potential salary to make that new salary.  (You can propose our budget any time!  Have you thought of running for governor?)

Of course it could be that those willing to spend 52 times to get a job that pays what they stand to make in a year are looking at more than just a return on their investment.  For whatever reason, someone was weird enough to spend a whole lot of money to get a job that makes comparatively very little money (and not just his own money, he convinced others to let him spend millions of their dollars also).  And more people were weird enough to vote for that guy thinking that made a lot of sense.  Maybe it will.  We suppose we’ll find out in the next four years.

For now, it would be nice if they get those signs taken down.

Now that’s what we think. Really. How ‘bout you.

 

Up Next: Stoopid Tuesday

Michael Leave a comment

Only 52 shopping days until Christmas.  We could have sworn Black Friday was just a couple weeks ago.  Oh wait.  It was.  Seems around here stores have been advertising “Black Friday Prices” for their weekend sales for the past month or so.  Weekend sales, actually one day sales (with an extra preview day and sometimes an extra wrap-up day) are sweeping the country.  Everything is cheaper on Saturday.  It makes one wonder what those poor schmucks who work the weekend have to pay when they go shopping on Tuesday.

Tuesday has to be the pits, shopping wise.  We know about the weekend sales (actually one day sales on Saturday with an extra preview day on Friday and sometimes an extra wrap-up day on Sunday).  We know that on Monday there will be unadvertised specials to get rid of the “special purchases” brought in just for the more unsuccessful weekend sales.  Thursday is the day the buyers set out the stuff that will be on sale on the upcoming weekend sales and there will always be new discounts for the shopper willing to use his or her store credit card to reap those extra savings on this extra savings day.  Wednesday is the day that the grocery stores end their weekly specials so everybody is there picking up the items they said they would go back and get before the sale ended.  That leaves Tuesday as the only day that a retail store actually sells stuff at the full retail price.  Assuming that somebody actually goes shopping on Tuesday – Stoopid Tuesday.

But things will be a little bit better now that there are only 52 shopping days until Christmas.  Just in yesterday’s paper there were advertising supplements for trees, ornaments, lights, toys, and camping gear with their advertised prices good all week long.  But the ads for clothes, shoes, scarves, hats, gloves, outerwear, and underwear were noticeably missing having come out on Thursday for their usual weekend sales (actually one day sales on Saturday with an extra preview day Friday).  You can get a great deal on a crossbow this Tuesday but forget about finding any deals on a new winter coat until later in the week.

We hope you don’t have to work weekends so you too can take full advantage of the amazing “Black Friday Prices” at this week’s weekend sales (you know, the one day sales on Saturday with an extra preview day Friday) without the annoying wait for Black Friday.  But if you have to work this weekend remember, there are only 8 Stoopid Tuesday shopping days until Christmas.  That leaves you with 44 other days for the good stuff.  You’ll be fine.

Now that’s what we think. Really. How ‘bout you.