Pursuit of Thrift March 2014

I am not sure if this is the best title for this post – but I’m going with it.


I feel “frugalled out.”  Is that even a word?  We have been chipping away at our household costs, but I don’t know how much more we can achieve without making some BIG, life altering changes.  We still managed to find some savings and blessings since my last pursuit of thrift report.

 

1. We dropped collision and comprehensive insurance on my car.  This will save us just over $500 each year.  I think we made the right decision because my car is worth about $2,000 tops.  Mom and Dad Money have an interesting article about this very topic, asking Was it Worth Canceling Our Collision and Comprehensive Coverage? I think so. 

2. I won a $150 gift certificate at work.  We are going to use it and some loyalty rewards towards the kids birthday presents.  They each want a Nintendo 3DS XL.  To be honest, I am not sure if this is thrifty or foolish. 

3. Programming the thermostat paid off!  I work from home 90% of the time, so last year I kept the house at a constant temperature.  This year I sucked it up and put on a sweater (or two) and kept the thermostat at 65F/18C during the day and for sleeping.  The natural gas bill just came in and even with the hell-has-frozen- over winter, our gas bill has gone down and they have lowered our monthly payment.  Yay for me!

4. In the fall we spent $500 on roof maintenance.  Our roof is not aging well. The roofers made some repairs and made sure everything was sealed tight.  Thank goodness, because if we are ever going to have /snow/leak problems this is the year.  I hope this is a case of an ounce of prevention being worth a pound of cure.  That’s thrifty right?

5. Oh and I almost forgot. In January we took a load of household metal to the scrap yard and left with a *tax-free $47.20.

 

Some of our thrifty wins were offset with some unexpected expenses…..

  1. I bought a year of family medical travel insurance for $170.  We have a destination wedding to attend and are travelling for a hockey tournament too.  We might even go to England to visit my parents so I thought an annual insurance policy would be a good idea vs. 2 or 3 single trip policies. 
  1. I forgot that my passport needs to be renewed.  Arrrg!  My roof is not the only thing that is not aging well, based on my updated passport photos. What line of the budget does passport fee go?  I have no idea.

6 Comments


  1. Great post!

    If those you live with agree, lower the thermostat to 60F at bedtime and stay warm with electric blankets or heated mattress pads. Now’s that winter’s winding up, they’re on sale at close-out prices.

    Reply

    1. I am going to try and take the temperature lower next year. The polar vortex has been interesting. There have been mornings when the house has cooled down so much the surfaces are radiating cold (not sure if scientifically – cold can radiate – but you get my meaning.) I will keep experimenting because it feels like I am the only person in the world who lowered my heating bill this winter. Thanks for the tip, it is a good time to stock up for next year.

      Reply

  2. haha you’re doing way better than me! I’m struggling to find some ways to stretch my budget this March. Thankfully there haven’t been any unexpected costs so I’m just kind of treading water, but that’s better than drowning 😉

    Great blog!

    Reply

  3. Hey, thanks for the shout out! That really means a lot. And for the record, I absolutely think it’s worth saving the $500 per year on a car that’s only worth $2,000. And I can definitely related to feeling “frugalled out”, as you put it so well. It’s hard to always be cutting back. Sometimes it’s a good idea to spend on something truly fun or meaningful as well.

    Hope you’re having a great weekend!
    Matt Becker recently posted…Was it Worth Canceling Our Collision and Comprehensive Coverage?My Profile

    Reply

    1. My pleasure! Really liked your post and the details you covered around how you made your decision. Oh and how it all worked out! (Don’t want to put any spoilers here 🙂
      Thanks

      Reply

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