Exercises in Frugality, Part 4

November 13th, 2009 § 3

Homemade Laundry Detergent

I’d been meaning to make my own laundry detergent for ages. Now that I’ve done it and seen how easy it is, I can’t believe I didn’t do it sooner.

Recipes for liquid laundry detergent are floating all over the Internet. Here’s the one I used. I bought a pot at Goodwill to keep just for making detergent; it cost a couple of dollars. I keep the detergent in a plastic wash tub with plastic wrap over it because the dishwasher detergent bucket I’d saved for it turned out to have a big crack in the side. (Don’t ask when I discovered this.)

The detergent was very easy to make. I’d bought a cheap grater at the dollar store to use for grating the bar soap, but we lost it in the move and my brilliant daughter suggested I use a peeler instead. And that worked. After that, it didn’t take long before I had my first batch of homemade liquid laundry detergent.

I was tickled to find that it really does get the clothes get clean. Plus, it’s cheap! Really cheap…..I just saw liquid Tide on sale for $6 for a bottle that cleans 25 loads of wash. That’s 24 cents a load. This homemade laundry detergent I’m using costs 2 cents per load. That is not a misprint! Plus it doesn’t contain all the weird chemicals in a bottle of Tide that we probably shouldn’t be breathing.

I won’t bother to spell out the recipe and ingredient costs as this site has already done so.  I did use essential oil (rosewood because the health food store was out of lavender) and it has a pleasant scent. Also, I doubled the amount of Borax and washing soda to make sure everything gets clean, a luxury that doubled the price from a penny a load to two cents. I know, big spender :)

Exercises in Frugality, Part 2

November 9th, 2009 § 4

Hot Chocolate Mixes

Living here in chilly Wisconsin, we love our hot chocolate. I usually buy big boxes of hot chocolate mix at Sam’s Club, but decided to try to save a few dollars by making my own. Since I have a food processor, this isn’t hard to do.

There are many hot chocolate mix recipes online. Here’s the one I found, with ingredient costs in parentheses (all ingredients purchased at Aldi):

Hot Chocolate Mix

4 cups dry milk ($1.87)

1 1/2 cups sugar ($.26)

1 cup powdered coffee creamer ($.26)

¾ cup cocoa powder ($.50)

½ package instant vanilla pudding ($.25)

Blend ingredients together in a food processor. Use 1/3 cup mix in a mug of hot water.

A mug of this hot chocolate tastes fine. The instant pudding prevents the mix from sinking to the bottom of the mug. So what’s the problem?

The cost! It works out to 14 cents a serving. A box of 60 envelopes of Swiss Miss mix from Sam’s Club is $5.38 for 60 envelopes, or 9 cents a serving. Bummer. I didn’t work out the price ahead of time because I figured homemade would be cheaper.

However, all is not lost. Our son loves a brand of peppermint hot chocolate mix that is a bit expensive. Adding ½ t. of peppermint extract to this mix recipe makes the hot chocolate he loves at far less than its usual cost of 28 cents per serving.

Exercises in Frugality

November 5th, 2009 § 5

R2D2, aka DAK

R2D2, aka DAK

Frugality, one of my favorite topics, continues to increase in popularity as the economy negatively affects more and more families.

Some people apparently take frugal tips pretty seriously; note a couple of cranky commenters at this post. Two thought the blogger’s tips were too common, and one misguided soul suggested the blogger stop homeschooling, put her kids in school and start an in-home daycare.

Instead of complaining that someone’s frugal tips are too basic, most commenters helped by sharing their own tips. I think I’ll do the same for the next few posts.

Bread machines

My beloved Oster bread machine died several months ago after about ten years of use. The unit still worked but the pan began leaking oil (or something similar) into the bread because the seal was shot. A perusal of eBay introduced me to a few people* who would love to sell me a replacement pan for $20 plus $10 shipping.

Not interested. Instead, I hit the local Goodwill and bought a replacement, a Regal for $9. It made so-so dough and baked bread that resembled a doorstop in shape and heft.

I waited patiently while watching Goodwill for a new bread machine but kept seeing the same type as the Regal. A blogging friend suggested I buy a Zojirushi BBCCX20 Home Bakery Supreme Bread Machine as she’d had great luck with it. I checked it out on Amazon: $200+, and some (though definitely not most) people had trouble with it.

I know how ticked I’d be if I spent $200 on anything and it didn’t work right. So I decided to keep being patient and checking Goodwill. But then I saw a Sunbeam breadmaker at Walmart for $50. It had pretty decent online reviews, so I decided to use my birthday gift money to buy one, but when I went back, they’d cleared out that model and replaced it with another, whose model number came up empty on a Google search. Not a good sign!

Not long after this, I stopped by Goodwill and found four bread machines. Three were Regals or looked like them. The fourth was so funny looking that I didn’t realize it was a bread machine at first. But it came with recipes, and at $5 it seemed worth the gamble.

Turns out it’s old (1990) and works great! It has quite a fan club, and I can see why. I thought I was being so clever calling it R2D2 until I found out that many people call it that.

Anyway, it makes great bread and dough, it was $50 cheaper than the bread machine I saw at Walmart, and $200 cheaper than the Zojirushi. Definitely worth waiting for!

* Sounds like a profitable racket, so I gave my old Oster and the Regal to my eBay seller daughter, hoping she can make some money off the parts, paddles and manuals :)

Teaching Delayed Gratification is a Must

September 14th, 2009 § 7

We visited our hometown over the weekend and noticed that a couple of businesses we always shopped at have closed down. I looked them up online when I got home and found that they went out of business because of the bad economy.

One store owner, who ran a wonderful Christian book/gift store, blamed her business closing on people no longer using their credit cards. She said that in the past, people bought more items and paid with credit, but then they began paying cash and only buying little things. She and her husband decided to close down while they could still pay their bills.

As a business owner myself, I understand her feelings. But part of the reason our economy is in the bad shape it’s in is because people abused credit. They bought things they couldn’t afford and borrowed the money to do so, but couldn’t pay it back.

One of the projects in Life Prep for Homeschooled Teenagers is designed to teach teens about handling credit cards responsibly. When I speak to homeschool groups, I’m often asked at what age people should begin teaching their children about credit. The book is intended for teens, but I tell parents if they really want to teach their children to handle credit responsibly, they must begin when their children are babies.

I’m not suggesting they get their baby a Visa card. But the root of credit problems is usually (I’m excepting medical emergencies here) an inability to delay gratification. Somebody wants a big plasma TV to watch the Super Bowl and they buy it on credit, never thinking about how they’ll pay for it. They don’t have the self-discipline to set aside money each week until they have enough to pay cash for the plasma tv.

How do you raise your children to become adults with the ability to delay gratification, to wait for what they want? You gently make them wait for what they want.

Don’t pick up the baby as soon as she makes a peep. Let her lay in her crib for a bit babbling and cooing before you pick her up.

Don’t buy your preschooler a toy he demands at the store. Let him wait for it until his birthday; he’ll appreciate it more, and he’ll have learned a little bit about waiting for what he wants.

Don’t buy your preteen the latest electronic device the day it comes on the market. Teach her to save up her allowance and birthday money until she can buy it for herself.

The child who learns he doesn’t have to have everything this instant is unlikely to become the guy who puts a $3000 television on his credit card a few days after losing his job. The adults who couldn’t wait until they were actually able to pay for what they wanted helped get us where we are today: in big financial trouble.

The goal is to NOT raise a child like this:

Spending Too Much Time Shopping for Food and Supplies

August 31st, 2009 § 2

If you’ve read my last book or visited my website, you know that I’m a huge fan of keeping extra food, household supplies, and medicine in the house. (I call my stored supplies my stashes, and I think they’re invaluable to busy homeschooling moms.)

But once we decided to move, I started using up my food and supply stashes, figuring it made more sense to consume them than to pack, move and unpack them.

Using up what you have at home certainly makes for reduced bills. Not only do you not have to go shopping much, but staying out of the stores reduces impulse buys, so your bills are even lower than normal.

That’s the good news. The bad news is, now that we’ve moved, I not only have a hundred “moving in” things to do all at once (change addresses, banks, etc.), but I also have to go shopping for items I’d normally find at home in my stash.

To make it worse, no matter how many times I’ve run to the store since we moved in, I inevitably come home to hear someone say, “We’re also out of (fill in the blank).”

Sigh. I’ve moved “Restock the pantry and cabinets” to the top of my list.   :0

(Learn more about stashes HERE.)

Little Luxuries

May 29th, 2009 § 7

While cleaning off my desk today, I found an article I’d saved to blog about. It discusses the little luxuries that people like to enjoy in spite of cutting back on their expenses in a lousy economy.

In my early years as a SAHM, I occasionally bought little things to make myself feel good. I felt guilty about not bringing in an income, so I didn’t splurge. But I’d grab a quilt magazine at the grocery magazine rack and go home and enjoy it thoroughly. Or I might pick up a votive in a new scent and keep it burning at home until it was just a little blob of wax. (Usually, one of the kids or even my husband would come into the room and ask, “What stinks?”)

These days, I don’t seem to require little luxuries, at least not the ones that cost money. I’m happy to find a good book or DVD at the public library, or take a walk on the beach. (Although I did pony up $3.99 at the Goodwill store a few weeks ago for a hardback copy of an Elisabeth Elliot book I hadn’t read yet….I was thrilled to add it to my collection.)

But I like to have things around for my family to enjoy. So my little luxuries have become things like picking up a bucket of fried chicken at the grocery store deli when it’s on sale, or buying a box of peppermint hot chocolate mix at Sam’s Club for a whopping $1.81 for 28 packets. And when candy bars go on sale “buy one, get one free,” I buy some for everybody, not just me :)

So, are you finding that little luxuries make life a little easier these days? If so, what are your favorites?

Great Tools for Financial Literacy

May 18th, 2009 § 2

 

I’ve been using Life Prep for Homeschooled Teenagers with dd17 for the past 18 months or so, and we’re almost finished. We’ve been having a lot of fun with the projects.

Funny how using Life Prep has been a different experience with each of my children.

Our eldest was very eager to get out on her own, so we emphasized the rent, food and utilities projects over the others. Our son was completely college-minded, so we stuck to more reading and less projects. Dd17 is not in a big hurry to be out on her own, but she’s not sure about college either (she’s already racked up a few credit hours and isn’t sure if she wants to keep going), but she really gets into all of the projects.

She has run a couple of small businesses, so she understands the need to watch your expenses and make prudent choices. She seems to really get into studying how loans work, and how you can save a lot of money by prepaying them.

While working on the projects from the book, she enjoyed playing with some online financial calculators at Bankrate.com. They’re wonderful! I plan on adding mention of them to the next edition of the book when we update it again in a few years.

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