Welcome to the pursuit of frugal for March 2015. A few weeks ago I finally sat down and figured out when we can retire. I shared the date and the amount of money we need with husband and his response was, “We will never have the much money.”
I left it for a day or two and then asked him to find a compound interest calculator on the internet and plug in the following:
- The current balance of our accounts
- 8 % return (maybe a bit high but wanted to make a point)
- 20 years
The results: Over 2 Million Dollars.
His response: “I don’t believe it.”
Not ” Wow, that’s amazing, I don’t believe it!”. No, more like “That is impossible, I don’t believe it.” Sigh. I will keep trying.
Attempts at Frugalness
WordPress tells me that frugalness is not a word. Our spending has been surprising low (for us anyway). I think that the effort
we I have put into managing our expenses is starting to pay off in a noticeable way now. The small things, really do add up.
- I replaced my cracked car windshield. I managed to reduce the cost by $50 by asking for a discount. We will be paying for it with credit card rewards so we will not be out-of-pocket.
- My husband is newspaper crazy. I hate it but there is only so much I can do. He agreed to cancel on the of the papers a few months ago but still clings to one subscription. I called them and asked for a better price and they offered a knock $20 off a month until June. Score!
- I have a new personal policy on medical, dental and business expenses. All expenses much be claimed within 48 hours. In the past I have let the claims pile up and linger. This isn’t really saving us money per se, but it will make it easier to budget and manage cashflow.
- We are going on a road trip! This week we will be travelling to Ottawa, Ontario, Canada to play in an international hockey tournament. There will be teams for US, Canada and England. I can’t wait. I have budgeted $2,000 for the trip and husband has agreed that he will not call me cheap if I try to save on some of the expenses. We want to take in some of the museums and I am going to buy a family museum pass to save on admissions. We are also going to keep some food in our hotel room (it has a refrigerator) to save on meals. We might keep some beer in there too. 😉
A real estate agent will be coming to see our messy house in a few weeks to give us an idea of the market value. We came very close to buying another house a few weeks ago (long story), and we want to understand how much money we have to work with.
I started Mindfulness-based stress reduction therapy. I was skeptical but I have learned a lot after only one session! Such as..
- I can’t necessarily change all the stress in my life but I can learn to manage my response to it.
- I am surprised by how physical my response to stress is. (It’s my damn lizard brain!)
- My stress is nothing compared to others in the class. It is along the lines of, “I was sad that I had no shoes, until I met a man with no feet.” It really puts things in perspective.
- I can meditate. I didn’t think it was possible, but the mediation we do is very forgiving and I don’t need to feel like a failure because have trouble controlling my wandering mind.
All that after only one class! I can’t wait to see how I feel after the program.
Well, we are off on our road trip. My passive voice will be back soon. Thanks for visiting!