Tag: live happily

Maintain your weight.

I’m not the most successful with this item, but I know that maintaining your weight is a very good way to save money. First, you aren’t eating more than you need, so your food bills might be a little less. Secondly, your heath will benefit. Even overweight people are better off maintaining their weight rather than getting caught in the yo-yo cycle where they gain and lose large amounts of weight. Thirdly, when you maintain your weight you can wear your clothing until you wear it out.

Avoid new clothes.
Clothes cost a lot of money. And really, how many times do you wear that item before you are done with it? I don’t really like to spend very much money on clothing, but I also don’t like cheaply constructed clothing. The solution: your local thrift or consignment store. By doing all your shopping at either of those two places you will save a bundle. It may not be the latest, latest fashion, but really, do you keep up with fashion that much? I thought not. You just want clean, presentable, comfortable clothes that don’t scream 1976. My exceptions: underwear, bras and shoes

Love your library.

It really amazes me that people buy books. There is a lovely institution in nearly every town where they will just let you take home your books (and DVDs and CDs and magazine and sometimes tools) for free. I read a lot, and take a lot of books out of the library, and what I most love is that I don’t have to read any book I check out because I didn’t buy any of them. I can grab something that looks promising and give it back if my interest wanes after 50 pages. When I do buy books, they have a different vibe. I must read the entire thing because my hard-earned money was used to obtain it.

I also find I am often paralyzed in the video rental store. Should I spend $4.00 on this movie or that. The library has rescued me from this dilemma. I just reserve the movies I want to see and when they arrive, the library lets me know. Voila! Instant free entertainment. Check out all the things your library will give you for free.

(Boise Readers will note the shout-out to the Boise Public Library! where I spent many happy hours.)

Learn to cook.

When you rarely cook and don’t know how, it seems like cooking is much more expensive than going out. You have to buy all those ingredients you never use again and there is a pretty good likelihood that what you cook won’t taste as good as what you could have ordered. But if you start to cook regularly (and don’t cook from one of those cookbooks with 42 rare ingredients and 21 separate steps) you will most likely find that cooking is much cheaper than what you can order and plus you can have it your way. Plus, cooking can fulfill your sense of adventure. Start small, but start cooking.

Have an emergency fund of at least something.

How many years have I been saving up a three or six month contingency fund? Roughly ten. Have I ever come close to having even three month’s salary saved? Once. Then I moved across the country and was unemployed for awhile and that cushion disappeared. But the reason I haven’t been able to maintain my savings goal is because I kept running into emergencies. Did the fact that I didn’t have all three months salary matter at that point? Nope. It still helped me that there was money there. I’m hoping that, at this point in my life things have settled down enough that I can get that three to six months cushion in the bank over the next few years.

Ride a bike.

Why do people in the US love their cars? Because they give them freedom. Not having a car means getting the freedom of keeping your money, but giving up the freedom of just jumping in the car and going somewhere. The bike gives some of that freedom back. Bikes are cheap, they get you some exercise while moving you from place to place and you can maintain them for less than $100.00 a year. Plus, they are fun to ride. Reclaim that kid feeling and get on a bike.

If you must own a car, drive a reliable junker.

I grew up in Boise, Idaho and if I still lived there I probably would own a car. Due to its bare-bones public transportation system I don’t think I could live a full life based on the bus schedule. If I did live in Boise, and did own a car, my hope is that I would be driving a reliable junker. The importance of a reliable junker (or even nice used car) cannot be overstated. They run well, they don’t cost very much, and because you aim to drive them until they die, you don’t have to get wrapped up in the pristine paint job. They don’t automatically lose value when you drive them off the lot as new cars do and once you already own an older car there is no pressure on you to keep up with the Jones’ by replacing your current new car with an even newer car.

The radio station I listen to has an ad that actually says, “Don’t listen to your parents about buying a car and driving it until it dies. Today, you need a new car every couple of years.” If you believe this statement, STOP. It is not true Actually, you never need a new car. With a reliable junker, you never have to worry about fender benders, exorbitant car payments, or your car getting stolen.

If at all possible, don’t own a car.

Since college, I’ve always lived in towns with good public transportation. If I ever have to move I will do my best only to move to a town with public transportation. Cars are the great sucking drain on your salary: you buy one with a lot of your money then put a lot more of your money into it in the form of gas and insurance and repairs. Do what you can to avoid buying a car so you can avoid the car owning you.

17 ways to live happily on what you make.

I make okay money now, so it is easier to live happily on my salary. Now that I have broken through the $12.00/hour barrier, there is more living and less juggling. I’ve had lean years, but they have (mostly) been abundant anyway because I do my best to be happy with what I have and try my best to limit my wants.

Suze Orman, financial planning guru, says that everyone she councils, whether they make $150,000 a year or $20,000 per year, wishes they made just about $500.00 a month more than they do. If only, her clients tell her, they just made $500.00 more per month everything would be fine. What I take away from that story is that I will never really have enough, enough, but I might be able to happily make do with what I have.

The over the next few weeks, I’ll publish 17 things I’ve learned about living well on what I have.