Posts Tagged ‘money’

I have been a huge major collector of makeup for many many years. I had more than any one person needs. Over the course of the past few years I have been trying to sell and pare down, but for the hard part my brain, it is something I am very addicted to buying and having.

I finally got kind of tired of having the same swaplist, and I decided to just go whole hog and get rid of all the makeup that I’ve had sitting in a tote.

I managed to sell 29 eyeshadows! TWENTY. NINE. I didn’t make a lot of money, but that wasn’t the point. The point was to pass them along… I still have at least 100. it’ll take me a while to get rid of more. But I’m happy, I got rid of my stash!


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I admit for years I had no budget. I really had no idea. I was a typical college student, overextending multiple lines of credit (therefore trashing it for years) and generally not understanding how to get things to work. When I moved back home a few years ago, I sat down, got my credit report, read through all 20 pages, read all the debt I had accrued, and went “well, this is a fine mess I’ve gotten into.”…. okay, it was more me running around freaking out for a while.

I had 2 part time jobs when I lived at home (I was a waitress at a local place, and then I either worked at a grocery store, or at a greenhouse) for over 12 months. 14 I think? I was let go from both jobs right around Thanksgiving in 2009, then after looking around for jobs I finally just went back to school in Fall 2010. In that time frame, even on 2 part time jobs, I managed to learn to budget very efficiently – enough I could still even take trips while managing to pay off at least one bill a month or pay down. (I paid off something like almost $15k worth of debt including some student loan in the time frame.)

Now, here’s the rub. right now, I have very little savings. It is something that right now I don’t have the luxury on, and it makes me very nervous. Which is why even with a full time job I’m working to get back to working on eBay in extra time. I lived for 3 years doing nothing but reselling, and that was really, really tiring and I hope to never have to do that again 😛 But it would be extra money, that can be used.

So now, my budget is (roughly) ~$1600/month after taxes.

When it comes to budgeting, I actually have mine in a couple areas. I have a whiteboard calendar that is dated 31 days, and on this calendar, I have the bill and usual price of bill (ie: my water/sewer/trash bill is variant between $50-70).

When you sit down to make a budget, go throughout the month, and write down what day you have what bill due, and how much it is. That’s always the first step in a budget. Make it on a piece of paper you can add/subtract to. Get a pile of all your bills. Write this all down on paper, as well as wherever else you need to remember. It’s easiest for me in multiple places as I always have a notebook with me.

So my budget reads something like:
1st: Rent – $873+60 (rent + covered parking + water/sewer/trash avg)
13th-18th: Credit card $100 (minimum is $68), Cable $50 (usually $40-45), Verizon $94 ($91-94)
13th-21st: Car Insurance – $125 ($110-125), Life Insurance – $17, Student Loan – $100 (minimum $86)

Things I don’t have on my calendar yet: Electricity – because I haven’t yet gotten a bill since it just got turned into my name. Cat expenditures, Car gas, my food. I use my credit card for car gas every month, which keeps a small active balance on it that I can pay a month. (I have some remaining balance from not being paid for work I did that involved travel that had to be paid via CC. long story)

So.. if you’re good with adding, you can see roughly I have less than $200 a month for the rest. Which is why I rarely go out – I quite honestly don’t have the money, because I PAY MY BILLS FIRST. I did have a roommate, whom I charged not quite half of even rent and utilities, etc, but I have since went back to living by myself because when I rely on people to pay bills and they choose not to – for whatever reason – it’s not a help, it’s a hindrance that almost made me lose the apartment. (can’t wait to get the money I am owed remaining from that, for savings.)

When I went back to living by myself, I decided to ditch my storage unit every month. I resigned my lease recently, and my rent went up from $789 to $848/mo for a 2/2. So I have a 2nd room that at the time was empty. I looked into moving into a 1 bedroom apartment, but the ‘cheapest’ option at the time was $750/mo, and I’d have to keep my storage unit at $60/mo.

So, $848 and move my storage stuff into my 2nd room, and set up the 2nd room to work on eBay, writing, stuff like that – or move into a 1 bedroom at $750/mo, keep the storage unit at $60 = $38 difference. I kept my slightly larger apartment – plus, my storage here is climate controlled 😀 Also, if it comes that I do eventually need to have a roommate, then I can go ahead and get a storage unit again and find someone. I have options at this rate – I do not with a one bedroom.

But, my budget can take it. Just barely, but it can take it. And I didn’t resign that lease until I knew for certain.

I hope this makes sense for people, if not, I can share more information.

Here’s some rules:

Rule A: Don’t budget on money that is not steady. I sell stuff on half.com, craiglist, etc – I’ve made an extra $60 this month alone from both those. That is extra money for me – either to buy extras or put in the bank. Overtime money? never budgeted. It’s never steady.

Rule B: Rewarding yourself is important but don’t use it as justification for overspending. My reward for working a ton of overtime? I stocked up on things I *needed* (such as cat food/litter on a great sale, stuff like toilet paper on sale) for things like peace of mind (plus, I don’t have to buy TP until like May or June at this rate), and then bought a new hairbrush and nail polish ($10). Yep, big spender. 😉 But it IS important to reward yourself now and again. Keep a wishlist.. or several. Ever seen my amazon wishlists? Full of everything from $1 books to $300 cat litter boxes. But it’s always a way to remember things I like or would like to save for!

Rule C: If you have a variant bill, either average it over the course of 12 months, or just figure high. My Car Insurance usually has ranged between $110 a month and $125. I always figure on $125/mo. If it’s lower? A little left over is a good thing. Never a bad thing. Also, round up your cents. $93.79 = $94.

Rule D: Any bill that just has a “minimum”, like a credit card or student loan? budget over it. Make yourself pay more. My student loan is $86/minimum a month, and I pay usually $100-125/mo. Not only do you get your bills down faster, you pay less in interest. Pay more for the high interest things, but always pay over your minimum. In the course of a year, even if I only pay $14 more on my loan a month, that’s $14×12 = $168. What’s $86×2? $172. So.. basically, I’m paying 14 months of minimum payments in a year by simply increasing every month by $14. When you are paying over the course of 7 years… well, you can see where I’m going. I can cut almost an entire YEAR off the time of the life of the loan…with an extra $14/month. Pretty simple if you break it down that way.

Rule E(xtreme): PAY YOUR BILLS FIRST EVERY MONTH. When I get paid, I immediately come home and pay the bills. Then, after that, I decide whether or not I can go do something fun or just go get milk, butter, and fruit at the store.

Rule F: If you’re in over your head, contact the companies you owe money to. Talk to them. Many companies will take a lower payment every month as long as you are paying. I remember paying one $2100 bill in $50 increments for a number of years – because that’s all I could afford. But they took it! And they were very happy about it!

Rule G: DO. NOT. LIVE. ON. CREDIT. CARDS. I have one. ONE. it’s cute. And it has a ladybug on it – most importantly, a good interest rate. I don’t need multiple ones. For me, that’s temptation – and I can admit it. I do not need the temptation. Living beyond your means will only get you burned in the end.

Here’s some good hints on budgeting:

Hint 1: If you want to budget in putting money into savings, DO IT. If that’s the only way to get yourself to be able to save, set up a separate savings account that the only way you can get money in and out is to go to the bank and drop off a check – and pay yourself every month. (Credit Unions are -great- for this.)

Hint 2: There isn’t a “maybe I can afford this or not”. Numbers are steady. You know how much money you have and how many bills you have. Sometimes there’s a bit of wiggle room – maybe you worked a couple extra hours overtime, but there’s an item that costs more money than that that you want? Save up for it. You can’t afford it. Learn how to tell yourself no.

Hint 3: Living paycheck to paycheck sucks. And I hate it. But it’s possible if you stick to your budget. If you go off budget, get back on board immediately!

Hint 4: Watch sales. I managed to save on my budget this month – I usually spend $40 month on cat litter, and because of sales, I bought the same amount pound wise for $30. Coupon sites are great, but only clip what you NEED. Don’t go extreme couponing just because you can – great way to throw your budget and make you spend money on things you don’t need just because you’re shopping. If you are saving up for a large purchase that you don’t need omg right away when you get the money, wait for a sale. Use sites like mrrebates.com, ebates.com – I don’t buy much online, but I’ve made over $100 back in a few years from these sites. I also use swagbucks.com – I use it strictly to buy Amazon gift cards. even 1 $5 Amazon GC every month = $60 a year I can use for laundry soap (which I can only find on Amazon, not locally) or books or whatever I’d like 🙂

Every little bit helps.

Hint 5: Remove temptation. I don’t go to malls.. or to stores.. when I’m broke and can’t afford things. There’s tons of free things to do around here, there’s always a great outdoors to go walk in, sit under a tree and read a book. I have a big weakness for books, and i never go to a bookstore unless I’m going in for a specific reason, because well….. temptation.

Hint 6: Ways to cut budgets: FOOD PRICES. Make lunches at home, take to work. Buy a french press, make better coffee at home instead of an overpriced Starbucks. Seriously – food is usually a huuuuuuuge expenditure. Add up what you spend in one week by eating out. Go budget what you can do at home… you’ll be shocked. Shop used items – I rarely buy any clothing new, or if I do, I will buy off a clearance rack. Goodwills are awesome, Craiglist is always AYOR, eBay can be great – or a temptation. 😉

Hint 7: Make yourself do it. The rewards are enormous. I’ve never been able to have my own place, like I do now, before having a budget.

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I decided to go back to school.

This is a good thing.

I got back in, no problems. Financial aid? No sweat, after a small blip, I get a pell grant. Enrollment? 5 classes, all online (to save me 100 mi round trip a day to school), my advisor is amazing.

Now.. onto books.

Ah, books. The time honored tradition of schools making hand over fist while bending students backwards and upside down, not only emptying their pockets, wallets, and their financial aid, but profiting major bucks off of the lazy student.

I decided to not be lazy this year and shop intelligently by finding the best prices, figuring that when I get my excess of Financial Aid, I will just pay off (or, back, in this case, as I used money in savings for all the eBay things – Amazon got my credit card, which will make Capital One very happy :P).

This is what I did. Hopefully it will help someone out there.

First, I went through and asked friends where they’d go to buy books. The list basically went (in ABC order):

Barnes and Noble
college bookstore
any used bookstores in the area

Called a few of the bookstores, when they don’t carry textbooks, that makes it easy. I compared prices between Alibris, B&N, and Borders because there are easy to find coupons. 99% of the time, Amazon beat them.

So the final four as it were are:

Amazon (Free Student Prime was a big factor)
College bookstore

I was also informed by a friend that chegg.com rents out textbooks! Which.. would be great, if they had had the books I needed to rent in stock. 🙂 But they do look to be an awesome alternative that bears mentioning here. (plus, available for use through mrrebates.com and coupons on top of it).

My classes are:
American Literature II, British Literature II, Introduction to Cultural Societies: Fairy Tales, General Psychology, and Macroeconomics.

Books required:

AMII: Norton American Lit Vol. C, D, E, 7th Ed by Baym et al. ISBN: 0393929949

BLII: Norton English Literature Vol 2, 8th Ed, by Greenblatt et al. ISBN: 0393927156

Fairy Tales: the Book of Lost Things by John Connolly. ISBN: 074329890X
The Classic Fairy Tales by Tatar. ISBN: 0393972771

Macroecon: The Macro Economy Today, 12th edition, by Schiller. ISBN: 007724740X

Psych: Exploring Psychology, 8th Edition, by Myers. ISBN: 1429238267


I had a notebook where I listed the above information, then wrote down all the new (n) and used (u) prices for everywhere I could. With the below list, it should be fairly evident how I figured out pricing.
From then, it was a matter of “Do I keep looking around on eBay, or do I just buy?”

I’ll list my final prices as well, and where I bought them.

I realize this requires a bit of time – for me, saving the money is worth it. I’ll add it up as we go along, and base the savings had I bought them in the bookstore.

AMII: Norton American Lit Vol. C, D, E, 7th Ed by Baym et al. ISBN: 0393929949

n 68 u 51 – BS
n 43 u 50 – Zon
u 54+ – half

bought: new, amazon, with Classic Fairy Tales (total price 62.93 for both with shipping)

BLII: Norton English Literature Vol 2, 8th Ed, by Greenblatt et al. ISBN: 0393927156

n 62.50 u 46.99 – BS
n 51.68 u 44.00 – zon
u 55.00 – half
u 50.00+ – ebay

bought Amazon, New – 55.45 with tax (+ 2 $5 incentives) (none of the used copies were any good – highlighting/marks, and slowest shipping speed possible.)

Fairy Tales:
the Book of Lost Things by John Connolly. ISBN: 074329890X
n 14 u 11 – BS
n 10.88 u 2.60 – zon
u 2+ – half/ebay

bought used – eBay $5.57 including shipping (-3% from Mrrebates)

The Classic Fairy Tales by Tatar. ISBN: 0393972771

n 23 u 17 – BS
n 15 – zon
u 13-14 – half/ebay

bought: new, amazon, with AMLII (total price 62.93 for both with shipping + 2 $5 incentives)

Macroecon: The Macro Economy Today, 12th edition, by Schiller. ISBN: 007724740X

n 147 u 110 – BS
n 106 u 95 – zon
96+ u – half
70+ – ebay

after camping for a while, bought used on eBay for $69 including shipping (-3% from Mrrebates). This by far and away was my lucky grab for the semester.

Psych: Exploring Psychology, 8th Edition, by Myers. ISBN: 1429238267

n 101 u 76 – BS
n 82.60 u 66 – zon
69+ u – half.com
60-80 – eBay

bought used on eBay for 66.53 including shipping (-3% from Mrrebates)

Before any incentives or discounts, I paid $259.48 – and half of these were new! (The Nortons I will most likely keep, as I’m a literature major anyway.)

Now.. had I gone blindly to the bookstore, I would have bought all used and paid $311.99 – and when I went to check the other day, the Brit Lit II books that were used were all written up and had water damage, and the macro econ books were in terrible shape as well.

So basically because I’m slightly patient, I saved about $53 (before any percentage back from Mrrebates, eBay bucks, what have you) and ended up with new books, which technically will resell for much better (since i’ll be the only user of them) – if I decide to sell them.

So. This is just one way to beat the bookstore way – and proves that even though the bookstore claims to be the best, it’s not always so.

If you have any questions, please post! I’d be happy to help/answer them!

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