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Why We Are So Bad at Buying Happiness

Why We Are So Bad at Buying Happiness

"Those who say that money can't buy happiness aren't doing it right."  Have you heard that joke before?  Well, it turns out that there is more than a kernel of truth in there. People are generally bad at buying happiness because: 1. We buy to keep up with the Joneses / ...

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Hair, Hair, Everywhere – the Recession Edition

Hair, Hair, Everywhere – the Recession Edition

I wrote a hair post in both 2007 and 2008, so I suppose it's only appropriate to continue the tradition in 2009! This post is dedicated to recession's impact on hair budgets. The recession is a major reason why I've been neglecting my hair a bit during these past several months: ...

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Experience, Not Stuff

Experience, Not Stuff

Experience, not stuff: I've decided to make this my mantra to live by. It'll be hard, because I like nice things (ex: shoes), but guess which of the following I remember the most? (a) A $100 leather jacket purchased in Buenos Aires, that I've worn ONCE in 3 years. (b) A $45 hour-long horse ride on ...

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What Sex And The City Taught Me About Love, Life, and Money

What Sex And The City Taught Me About Love, Life, and Money

Sex And The City: The Movie is coming out in May! I am so, so excited, and I'm betting that many Sex And The City feel the same way. Carrie, Samantha, Charlotte, and Miranda - you ladies have been missed! (By the way, I love the photo below - head-to-toe ...

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5 Year Travel Plan: Making Your Travel Dreams a Reality

5 Year Travel Plan: Making Your Travel Dreams a Reality

I've been struck by a bad case of the travel bug lately... I haven't been out of the country since 2007, which seems like a long time. CB and I are saving for Galapgos, but we also want to travel quite extensively in the intervening months before our Big Galapagos ...

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Graduate School: (When) Should I Go?

Graduate School: (When) Should I Go?

Graduate school is a significant undertaking both in terms of time and money. During the last few months, I've felt some pressure from concerned family members about going to graduate school. I know they only want the best for me, but I'm glad I followed my gut instinct and ...

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Should Parents Pay For College Education

Should Parents Pay For College Education

A college education has, for a large percentage of society, become the de rigueur entry-level degree. "Should parents pay for college education" is a question where the answer is always, "it depends." In today's economic climate, I imagine that many parents are having the difficult talk with their kids ...

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Free GMAT Study Resources

Free GMAT Study Resources

Taking and prepping for standardized tests isn't cheap, fortunately, there are many free study resources available online. I've taken advantage of most of these resources when I was preparing for my test last year. Hopefully you will find them helpful as well. Free Online Study Materials The GMAT Uncovered by ManhattanGMAT: A ...

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7 Steps In Overcoming Rejections In Job Search

7 Steps In Overcoming Rejections In Job Search

Rejections during job search are disappointing, to be sure. Nobody likes to be told that they were qualified candidates, but the management has decided to go in another direction. In this environment, however, rejections are common-place through out the job search and interview process. After the initial disappointment wears off ...

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How to Host a Dinner Party On a Budget

How to Host a Dinner Party On a Budget

Hosting a dinner party is always fun, but right now I need my get-togethers to be budget-friendly as well. Remember when I made crab cakes? That was for a group of 5 or 6 friends. The crab cakes were delicious and everyone loved them, but, crabs are expensive! Two pounds ...

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Pure Altruism - Does it Exist?

Pure Altruism - Does it Exist?

Every time the holidays come around, feel-good human-interest stories surface. This is a time to give to others, help those in need, and realize that the world is not as cutthroat or as competitive as we may believe. But is it true? Can people be purely altruistic? The authors of Superfreakonomics (the ...

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The Price of Addiction To Argentine Tango

The Price of Addiction To Argentine Tango

It's happened. I fell for the sultry dance, hard. (I even made its own category!) I leave class with a big smile on my face. I read Argentine tango forums and blogs. I fall asleep thinking of boleos and molinetes. I'm not sure how my wallet feels about the possible financial ...

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Old Cars: Unsung Heroes of Personal Finance

Old Cars: Unsung Heroes of Personal Finance

New Cars are shiny, gleaming, loaded with the latest technology and features. New cars get the big commercials on TV, where they swerve confidently in snow storms, zoom down idyllic country lanes, and maybe even dance a little to the sound of a state-of-the-art in-car sound system near a trendy ...

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Disney World Recap

Disney World Recap

I realized that I haven't really talked about my Disney World adventure (aside from the Dining Plan review) on this blog yet... and well, that oversight must be rectified! If you have any specific questions about Disney World, please ask away and I'll do my best to answer. We Got To ...

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Job Fairs: How to Prepare So You Stand Out

Job Fairs: How to Prepare So You Stand Out

Job fairs can be a great opportunity for applicants to interact with many different companies. But if you don't prepare adequately, job fairs can be a disaster. Last week, I attended a job fair - prior to the event I debated whether I should go. I had heard the horror ...

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How To Practice Safe and Responsible Credit Card Use

How To Practice Safe and Responsible Credit Card Use

Wait, you mean you never had a credit card education class in school? Okay, me neither. The quality of education these days! But there's no reason that high schools or colleges shouldn't offer a class like this. After all, credit card education isn't an awkward topic like the other type of ...

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Gas. Hurts.

by WellHeeled on June 27, 2008

For the month of May I spent over $200 on gas. This month, on top of the gas expenditures, I have to take my car in the shop for an oil change and minor repairs (~$120?).

Like most Californians, I’ve adjusted (slowly and reluctantly) to the painful reality of increasing gas prices. I am mentally preparing myself for $5/gallon by the end of the summer.

What can I cut? Well, the first answer is… gas. But, I can’t take public transportation to work, and on the weekends, I just want to go where I want to go! I figure I usually drive around 150 miles a week, which for my area really isn’t that much at all.

I’m guessing the first things to go would be things I’ve considered: no more trips to Ross, fewer dinners out, fewer groceries. Fortunately, Mom keeps me very well-fed by giving me loads of frozen and prepared food every time I go home. Yes, I am blessed. No, I don’t feel like a mooch. Is that bad?

Anyhow, I am hoping that 1. my rent won’t go up, and 2. my car stays “healthy”, and 3. I have more self-control over spending!

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{ 17 comments… read them below or add one }

debt challenger June 27, 2008 at 4:47 am

i feel your pain at the pump. alot of women in my area have been buying scooters to get around. i would buy one if i had the cash to buy it outright. i joked that ia m going to rollerskat the ten miles down the expressway to work.

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Britt June 27, 2008 at 6:54 am

I can’t take transit to work either. At least I have a fairly fuel efficient car. Gas is 148.9/L here right now, and we have a new Carbon Tax on top of it starting next week that will add another 2.5 cents/L Ugh! Less shopping trips for me too!

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Britt June 27, 2008 at 6:55 am

thats $1.499/L Apparently it looks like I said $149! Phew. I don’t look forward to that day!

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Britt June 27, 2008 at 6:57 am

Oh my. 3 comments in a row. I did the conversion…so 1.489/L is around $5.64/Gallon Yuck!

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Simone June 27, 2008 at 6:59 am

Just wondering…why is public transportation out of the question?

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StackingPennies June 27, 2008 at 8:04 am

Public transportation in L.A. is difficult, unless you live in certain places.

It is hard/impossible to cut back driving without sitting home and staring at the walls all weekend

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Revanche June 27, 2008 at 10:31 am

Yeah, public transportation in LA can get complicated unless you’re lucky enough to live on a transit line that goes directly to your work. I know people on the train who go from one train to the Metro, to another Metro, and then walk. Their commute is 2+ hours, each way! It’s hard to reconcile yourself to spending 5 hours a day getting to and from home and work.

Something might be workable for a day or two out of the week, but don’t you still work some crazy hours?

The only thing that helps the sting of paying $300+/month for gas is that I get 5% back on it. *sigh*

I would suggest limiting the number of trips you make by consolidating them into a day’s worth of stuff to do. Perhaps combine them with your trips home to pick up food. :)

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Money Maus June 27, 2008 at 10:33 am

Public transportation is out of the question for me as well. Oh Southern California cities… I am feeling the pain at the pump, too. :(

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So Cal Savvy June 27, 2008 at 11:58 am

Consolidating trips will help.

Also what about a bike? I’ve expanded the area I can cover by biking to do my errands. It’s also a lot cheaper than a gym membership!

Ah, maybe it’s the eternal student in me, but I love free food. My mom gave me some leftovers and it saved me over $50 in meals (I chronicled it in my blog)! Sometimes they make more than they could eat in a reasonable amount of time and it can get forgotten in a freezer. You’re not a mooch!

Reply

Budget Mama June 28, 2008 at 9:56 am

I so understand how you feel. The gas in my area is $4.79! I drive about 25 miles a day! I can’t take public transportation where I live either. I’m in California and there is nothing going from my house to my destinations. My mom thinks gas is going to hit $6 by the end of summer! I hope she is wrong, but I think she is right.

We use to budget $300 a month for two cars. I am not sure where we are at now; I’m afraid to look!

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Gary June 29, 2008 at 12:51 am

Maybe I can throw a few things into the ring ?

Here in the UK gas is around £1.30 a gallon (Imperial Gallon), a very rough conversion takes that to around $10 per US Gallon, and rising weekly.

One thing we have had to accept is that this is a permanent price hike and that if we aren’t prepared to accept it then we have to change our habits.

Public transport here (outside of London) is also a joke and not really anything but a last resort.

In our house we have a large family saloon that is a diesel car simply because it does 50 miles to the gallon without breaking sweat, drive it carefully and you’ll get up to 58mpg, it costs me £84 (about $150) every time I fill the tank but I’ll get two weeks careful driving out of it.

We also have a second small car, a Peugeot 107 which has a petrol engine but is a small car with a small fuel consumption habit, its a baby car really even though it seats four (just) and would probably fit in the trunk of my saloon car – but for a car to drive locally and in the city where no-one goes any faster than the car in front then its the only obvious choice.

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Gary June 29, 2008 at 12:52 am

Whoops – edit on that price check – I meant £1.30 a litre (big difference !!!)

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Matt June 29, 2008 at 4:54 am

I was living in SoCal up until a year ago and I’d say the best way to decrease your gas usage and just improve your life in general is to live as close to work as possible. It might cost more to do so, but you’ll save on gas, not sit in the car for X hours a day and maybe you can get a tan walking/riding your bike to work! :)

Matt

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pobept June 29, 2008 at 6:45 am

Quote” I just want to go where I want to go! ”
It may get to the point that you must decide is this a
1. I just want to go where I want to go, trip
2. I need to go, trip
3. I must go trip
and restrict driving to the “I must go trips”

Reply

Jaylin June 30, 2008 at 7:45 am

I have been working on fuel efficiency campaign and a website that provides money-saving tips (www.drivesmarterchallenge.org). Some of the tips are pretty basic for instance, taking out the things weighing down your trunk. But the tips also include the dollar figure for how much one could save – Each 5 mph one drives over 60 mph is like paying an additional 20 cents per gallon for gas. There are some interesting figures, plus coupons for car maintenance stuff.

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L@Spillingbuckets June 30, 2008 at 10:44 am

I hear your pain.

No public transportation here either (well, no “good” public trans., I’d have to transfer twice and increase my drive from 15 minutes to 2 hours – oh and in the morning the bus doesn’t start early enough for me to be in at work by 9, or even 10.) and my work schedule is so variable that carpooling isn’t reliable either.

I feel really bad for Gary and the other Europeans who have had these prices (but worse) for a while.

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triskit June 30, 2008 at 12:02 pm

Do you have the option of working from home? I’ve been working from home 2 days per week this summer, which essentially saves me $10 per week, since I live 15 miles from work and get about 25 miles per gallon in the city.

Reply

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