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Frugality


Old Computers

My grandpa sent this e-mail to me a few days ago. It looks like he got it from the PC World website.

Sell Your Old PC (or Other Devices) to Costco

You have an old PC in the closet? Here’s a way to get rid of it: Sell it to Costco.

Costco, the big-box retailer, has contracted with Greensight to recondition or recycle your old, but still working, PC. They’ll pick up the tab on shipping the PC to them and pay you for the computer. [Thanks to Brad from Atlanta for this amazingly good tip.]

It gets better: They’ll also take notebooks, MP3 players, LCD monitors, camcorders, digital cameras, game consoles, and phones.

It’s gets better yet: There’s no trade-in value, but if you have an old CRT, printer, or fax machine, Greensight will recycle it for you and pay to ship the item to them.

The catch: You get “paid” with a Costco cash card. If you’re not a Costco member, you can use the cash card towards the membership fee; members can use the card to buy merchandise.

costcotrade.jpg
I’m taking my wife out to lunch
The Details
Choose the device you want to trade in and answer their questions on an online form. Providing details about the device takes about five minutes. At the end of the process, Greensight will tell you how much the trade-in is worth.

Of course, there’s a good chance you won’t remember the exact components or CPU speed, so the amount may change once the machine is inspected. If you’re not happy, the company will return the PC to you at no charge.

I have to tell you, you’re not going to get rich. I priced a 1.2GHz Pentium III with a 40GB drive and 1GB of RAM and picked up $18. But hey, that pays for a lunch and I didn’t have to schlep to a city-run electronics recycling center.

Greenlight promises they’ll either recondition and sell the entire PC (or just hand-picked parts), or recycle the good parts into raw material. Nothing, they say, will end up in a landfill.

You can read through their FAQ for more details.

This sounds like a great idea to me. I have tons of old computer stuff laying around. I might as well make money of off it.

Photo Credit: Cote

Popularity: 95% [?]


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Las Vegas

I’m back. I was sick for a couple days, I rested and took a lot of medicine and then I went to Las Vegas for New Years. It’s kind of a tradition to do New Years in Vegas for us. I think this is the last year that we are going to do it. Everything is getting too expensive. They raise the prices on everything. The buffets are $30 per person, the rooms cost over a $100 per night, the drinks are more expensive and it gets more and more crowded every single year. It is definitely losing its appeal. I’ve adopted a more frugal lifestyle and spending that much on New Years just does not fit in anymore.

I do have some tips that I can offer up.

Lower Your Room Prices
If you’ve booked your room quite a bit in advance (like we did), you can usually call a day or two before you leave and ask if the rates have lowered at all. We booked our room about three months in advance. Two days before we left, we called the hotel and asked if any of the rates have changed. Sure enough, we got our room costs down by over $50 per night. This is the second year in a row that this has happened. It may not always work like this but it certainly doesn’t hurt to try.

Get The Player’s Club Cards
Even if you don’t gamble, it’s still a good idea to sign up for the various player’s club cards at the various casinos. The card itself almost always comes with a book or a sheet of coupons. We signed up for a card at the Tropicana and received a two-for-one coupon at the buffet. A couple years ago we stayed at the Stratosphere and received free passes to go up in to the tower. It’s worth it to sign up for a card. I just give them a junk e-mail address that I hardly ever check and decline to give them my phone number.

Free Drinks in Las Vegas
If you are like me and like to have a drink now and then, you can’t beat the drink prices in Vegas. I like to go to the penny machines, put a dollar in and barely touch the machine until a server comes around. They comp me a free drink for gambling and I cash out and walk away. It’s the Vegas way…

Take Advantage of the Free Shows
Vegas has so many things to do that don’t cost any money. It’s fun to just walk up and down the strip and see what you can see. The Bellagio has the water show (See the end of Ocean’s 11). The Mirage has an “active” volcano out front. Treasure Island has a pirate show. The hotels themselves are just cool to see anyway. The Venetian re-creates the Venice Canal inside, Caesar’s Palace has Roman statues that move and talk, MGM grand has a large lion habitat, and the Mirage has white tigers. There are some very cool things to see and do, absolutely free, in Vegas.

If you’re ever in Vegas, follow some of those tips. My only other piece of advice is to stay the heck away for New Years. It’s too crowded and too expensive.

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Banana Bread

It’s that time of year again…
It’s the time of year when you go crazy because you’ve got to figure out what to get everyone that you know for the holidays. It’s the time of year when your bank account gets close to empty and you have to start whipping out those credit cards to make sure that everyone you know gets at least a gift card from you. It’s holiday season and, despite my frugal ways, I avoided the malls like a plague on Black Friday. To tell you the truth, I’ve barely even started my Christmas shopping this year.

This year is going to be different.
This year, I’m not going to let my self drop in to the negative trying to find everyone I know a Christmas present. This year I’m setting a budget. I recommend this for everyone. Figure out a number that you can afford to spend and stick with it. In fact, try to stay below it. Get creative with your gift ideas.

An inexpensive alternative.
I recently posted about gifting to instill frugal values. Some of the ideas were a little pricey. If you have a hard time staying within your budget, I have an idea that will show that you thought about them and care about them. It really doesn’t even require that you spend much money on them either. My mom makes the best banana bread. Every year she gives all of her employees a homemade banana bread. Everyone loves it. No one sits around and thinks about how cheap she is because she doesn’t go out a spend a bunch of money on everyone. Everyone enjoys their treat and compliments her on how great she is.

Bake something nice for them.
Baking is a great way to show some one that you appreciate them and that you thought about them for the holidays. It’s inexpensive as well. You can make gifts for several people with one set of ingredients. Cookies, banana bread, homemade pies, cupcakes, brownies and fudge all make excellent and tasty gifts.

When you are getting close to your budget limit and you still have a few people left on your list, consider this as an inexpensive but well appreciated gift.

Photo Credit: aprilandrandy

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The holidays are here and everyone is in rush mode to come up with the perfect gifts for their loved ones. You, being the frugal minded person that you are, want to promote a frugal lifestyle. One way to do this is to give gifts that promote frugality. I’m talking about gifts that will ultimately save the recipient some cash. I’ve come up with a list of fifteen gifts that would be great to give to instill some frugal habits in your loved ones.

If you click on the picture, it will shoot you over to Amazon.

A Water Pitcher A Water Pitcher
How much bottled water do people go through? I don’t know the statistical answer but I know it’s a lot. People pay about a buck a bottle to basically get purified tap water. I’ve got a better idea… Get one of these little jugs fill it with tap water everyday and eliminate the bottles. You can save the recipient of this gift so much money over the long run.
A Good Water Bottle
So you just gifted a sweet pitcher that’s going to save hundreds of dollars on bottled water. But what if they are on the go? Water bottles really come in handy then, right? Yes they do. So get them a good one that they can fill up from their cool pitcher and take with them wherever they go.
Water Bottle
Rechargeable Batteries Rechargeable Batteries & Charger
Who can’t use batteries? The answer is nobody. Everyone needs to use batteries. Set someone up with batteries that they can use over and over again. You’ll save them quite a bit of money on having to buy batteries again and again.
Smart Power Strip
These things are pretty cool. This will keep your electronics from consuming any energy while they are turned off plus it will shut off any peripherals that are hooked up to your tv or computer when it is turned off. You’ll save the recipient tons of money on electricity. You’ll start to see a theme going here in a second…
Power Strip
Sensor Plug Sensor Plug
Here’s another little device that will save some money. Plug your lamps or various other things you’d only use while in the room in to this guy and the motion detector will shut it off when no one is around.
Green Plug
This plug will reduce energy usage and waste. Plug in your large appliances, like your refrigerator, in to it and save some money.
Green Plug
Light Bulb Energy Efficient Light Bulbs
These will save your loved one money in a couple ways. They will cut energy consumption down by 75%, saving money on their electricity bill. They will also save them money on replacing bulbs because they last 10 times longer than incandescent bulbs.
Programmable Thermostat
This may not be the best choice for a friend but it may make a good gift idea for your own household. Program it to only run when you are around and shut off when it hits your optimum temperature. It’s a great way to cut down on electricity costs.
Programmable Thermostat
Quicken Quicken
What better way to get a loved one to focus on their money then by getting a program that shows them where all their money goes. Help them set it up and teach them about budgeting and watching where all their money goes.
Crank Light
This is a cool little gadget. It’s a flashlight that never needs batteries. Just crank it and turn it on. The recipient can keep it in their car and they never have to worry about buying new batteries.
Crank Light
Tire Gauge Tire Gauge
If you read my post from yesterday, I talked about ways to save money on gas. One way to do this is to keep your tires inflated to the optimum level. Give this to someone who is concerned with rising gas prices and teach them to keep air in their tires to save some bucks.
ScanGauge
This was another one that I recommended yesterday. Install this in your car and you’ll be able to better keep an eye on how your car is consuming gas. It actually tells you how many MPGs you are getting in real time. If you are always keeping an eye on your consumption, you’re sure to save some money.
ScanGauge II
Food Saver Food Saver
Keep food fresh for longer. You can use this to store your leftovers and have good fresh food for weeks. This will help save some money on eating out all the time or constantly having to go to the grocery store. You won’t need to throw away as much food.
A Good Old Fashion Piggy Bank
This one is great for younger kids that you’d like to introduce to the concept of saving money. Get them a piggy bank so that they can start stashing away coins now. This piggy bank isn’t cool enough? Check out some over at The Digerati Life.
Piggy Bank


Personal Finance Books

I can’t go without recommending some personal finance books. Books make a great gift. They are especially great if they teach the recipient how to save money and make money. It’s like a gift that keeps on giving.



So get out there and spread the good word of frugality. Happy holiday shopping.

-M

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Gas Prices

I drive a truck. It’s actually a pretty big truck. They aren’t quite known for getting great gas mileage and with my V8 engine, I certainly know that I’m not. It would probably be much more economical for me to drive a smaller car that gets much better gas mileage but due to my job and the hobbies that I enjoy, I drive a truck. Because I don’t quite drive the most gas economical vehicle, I have to find other ways to make up for it.

Drive With Gas Economy in Mind.
The best way to suck up gas quickly is to drive with a lead foot. If you follow the speed limit, and make an effort to go easy on the gas from a stop, you will really notice the difference. I installed a little device in my truck called a ScanGauge. Using this, I can see, in real time, my truck’s actual gas consumption. Since installing this, my gas mileage per tank has increased dramatically. I was able to notice the problem areas when driving. The most gas is consumed when coming from a start. If you accelerate too quickly, you’ll eat gas quick. Take it easy from a stop. If you cruise down the freeway at 80 mph, your gas mileage will be significantly lower than if you were to cruise between 55 and 65. (By the way, that is not an affiliate link. I am just a fan of the device)

Keep Air in Your Tires.
You will be amazed at how something so simple as keeping your tires at the proper pressure will improve your gas mileage. A couple months ago I was driving out to the desert. It’s about 100 miles each way from my house. When I got there, I got my truck stuck in the sand and had to air down the tires to get out of the sand. I hadn’t realized that my tire pressure was probably about 10 PSI or so under the recommended level on the drive out. When I aired my tires back up, I filled them to the proper PSI. According to my ScanGauge, I enjoyed a whole 1 mpg increase on the drive home. That’s pretty substantial over a long period of time. Ever since that trip, I check my tire pressure on a weekly basis.

Don’t Top Off Your Tank.
When you’re filling up and the pump clicks, indicating that you’re full, stop pumping. There’s really no point in squeezing the pump a couple more times to get a few extra drips. You are just spending a few extra bucks and you are not getting any added miles. The gas expands on warm days and will just seep out.

Buy The Lowest Grade Octane That Your Car Can Take.
If your car’s manual says 87 Octane, there is no added benefit to purchasing a higher grade. Your vehicle was designed to run at its optimum level using the recommended octane. Purchasing a higher octane is a waste of money and, most likely, your car wasn’t even designed to run it. (The same goes for the octane booster additives. There is no point to boost the octane beyond what is recommended for your vehicle to run.)

Cheapest Isn’t Always The Best.
I got the idea for this post while I was driving home from my girlfriend’s house last night. I passed an Arco and a 7-11 that were right next to each other. Arco was selling 87 Octane for $3.19/gallon and the 7-11 (Which sells Citgo Gas) was $3.31/gallon. It’s kind of funny how two gas stations that are right next to each other are so far apart in price. The thing that may surprise a lot of people is that if I actually needed to stop for gas, I probably would have stopped at 7-11. I usually get Cheveron. They aren’t really known for being the cheapest either. I know there’s been rumors that Arco (or BP) waters down their gas or somehow thins it out but in actuality, that’s not really the case. You will most likely go just as far on a tank of gas no matter which station you filled up at. The real difference is in the additives that the gas company puts in their gas. Cheveron, and the slightly pricier gas stations, are known for additives that will reduce wear and tear on the engine. These additives can decrease the accumulation of buildup in vital engine parts and prolong the life of your vehicle. I am much more concerned with making sure I won’t have to replace my truck any time in the near future than I am about spending an extra $3.00 on my tank of gas.

Keep some of these tips in mind when you’re out on the road, you pass a gas station and you can’t believe that gas prices are pushing $3.50 a gallon. You can’t keep the prices from going up, but you can save some money if you pay attention to your car and your driving habits.

-M

Photo Credit: daviddesign

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