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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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Disney World’s Money Magic: What We’ve Spent So Far

by WellHeeled on November 11, 2009

Disney World promises to deliver the magic – what’s also magical is how effective Mickey & Co is at getting money out of my wallet. Our Disney adventure has already cost us $3,198.56, and we haven’t even set foot in Orlando yet.

Costs Already Paid

  • $1,828.16: Disney package including 5-day base ticket, 5-night stay at a Value Resort, 5-day basic dining plan, and travel insurance.
  • $1,370.40: Plane tickets including cost of $300 to change flights.

Costs Planned But Not Yet Incurred

  • $50: Tips. We will be having 4 sit-down dinners (and one buffet). Assuming an average of $30 per sit-down dinner per person, and 20% tip, our total amount for gratuity should be ~$50. (Disney dining plan does not cover tips).
  • $50: Miscellaneous food items / airport items, etc. We’ll try not to spend this much, but things happen.
  • $65: 2 photo books of our magical memories from Blurb or Shutterfly – one for me and one as a gift for CB.

Costs We Don’t Plan To Incur

  • Checked luggage: United charges $15-$20 for the first item you check. Not unreasonable, but just not something we’ll be paying for. 2 pieces of carry-on should be enough for me for a 5 day-trip. I just have to make sure I bring good walking shoes and a jacket and sweater.
  • Souvenirs: Mickey Ears, stuffed animals, sweatshirts, etc. – I’ll be happy to forgo these items so I can save money to do the photo books.

Given that we are going to Disney World during what is arguably the most expensive time of the year (the week between Christmas and New Year’s) and the scheduling snafu, I think we’ve done the best we could in keep costs down.

And on the “bright” side – all those holiday lights and decorations will be at the Resort! I’m guessing it will be – oh what’s the word – magical.

You May Also Want To Read :

{ 3 trackbacks }

Paid off My Disney World Trip (aka My Most Expensive Vacation Ever) | Well-Heeled, with a mission
November 25, 2009 at 4:34 am
Disney World Recap | Well-Heeled Blog
January 5, 2010 at 9:09 pm
Vacation Joint Savings Account
March 27, 2010 at 10:16 pm

{ 11 comments… read them below or add one }

myprettypennies November 12, 2009 at 8:42 am

I am SO excited for your trip! I have never been to Disney World before and have dreamed of a vacation like the one you are planning for years. This sounds pretty reasonable for a magical vacation! :)

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me in millions November 12, 2009 at 9:10 am

I think it’s a good call on the not spending money on souveniers. A photobook is a way better memory of the trip!

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Carrie November 12, 2009 at 9:27 am

wow that’s expensive! all my disneyland trips have been one or two day trips and it’s a quick and cheap flight from northern california to disneyland
Carrie´s last blog ..Holiday Gift Guide My ComLuv Profile

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Don@moneyreasons.com November 12, 2009 at 9:28 am

Besides the huge markup in the price of items at Disney (t-shirts typically run $23), the biggest annoyance I encountered while staying at their New Orleans Riverside resort was the fact that they didn’t offer free internet access…

They wanted customers to pay $9.99 for 24 hours of contiguous internet access.

So, unless I read their offer incorrectly, they wanted me to pay $70 for a week of internet access (I stayed down there 7 days…)

Another big expense that I fell for was the Disney pins. They are expensive, but once you get a starter kit, you trade pins with Disney employees in the parks, and that’s pretty cool. My daughter got an Ariel pin that was made in Europe that way…

Make use of the fast pass tickets! Especially on the more popular rides! We went off season, and the ride lines were pretty long on the newer popular rides, but not too bad on the older but still fun rides.

Still, it was a decent time, and the kids had fun :)

Reply

Wellheeled November 12, 2009 at 1:42 pm

@ my pretty pennies & me in millions – I am super excited too! It’s been a dream of mine to go to Disney World, and now I get to do it. :)

@ carrie – I think of Disney World as Disneyland x 5. So… I guess the costs will be x 5 too? Then there’s the additional hotel rooms & flights and such.

@ Don – glad to hear you had a great time! I had a friend who was really into trading pins too. How were the Moderate Resorts? We’re doing Value because, um, no money, but one day I’d like to go back and do it in style in the Deluxe Resorts.

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Jenn @ Paying Myself November 12, 2009 at 3:48 pm

You may want to budget more for tips and misc food. My experience at Disney World is that everything, including food, is almost 2x the price you would pay in the “real world”.
Jenn @ Paying Myself´s last blog ..Happy Thanksgiving! My ComLuv Profile

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Jenn @ Paying Myself November 12, 2009 at 3:49 pm

In unrelated news, I didn’t mean for that “Happy Thanksgiving” link to end up there like that. I didn’t realize I need to unclick the thing at the bottom. Is it new?

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Wellheeled November 12, 2009 at 4:11 pm

@ Jenn – that plugin is new. it’s just a way for people to see your latest post if you want (more traffic, exposure, etc.) As for the Disney food budget, I am really hopeful that our dining plan will cover everything. From the research I’ve done, it seems like 2 meals a day + snack should be enough food to last throughout the day. *crosses fingers*

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Kim November 12, 2009 at 11:56 pm

Ok, weird question…but why do you need two photobooks? Are they going to be the same book? Is one for each of you so when you go abroad you can each have one? You're not going to have two of the same book in your house, right? Not judging, just trying to make sure I'm not nutso – I think I missed something :)

Reply

WellHeeled November 13, 2009 at 12:05 am

2 copies of the same book. I figured I'll take one with me and he will have his own copy to keep at his place. And there's the abroad thing. :)

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Kim November 13, 2009 at 12:08 am

I had a feeling they weren't going to the same house. I don't know why I thought you lived together (except for the part where you're going abroad).

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