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Friday, September 9, 2011

Do You or Would You Couch Surf?

We saw Frugal Son off yesterday. He left some stuff behind: a few single socks (the mates are perhaps in Paris?), some dirty cups, and AN IDEA. Couch Surfing. This is what it sounds like: an on-line community where you can seek or offer overnight accommodations.

Frugal Son has done it a few times, most recently in Portland with a few friends. Since he is 22 I can't really say anthing about his activities! Miss Em (age 20, so still under my care) did it (without telling us) in Greece when her accommodations fell through (I have a panic attack as I think about this incident, about which I know nothing).

I figured this was something for which my age disqualified me. Why would I do this when I can afford a humble hotel? Why would I stay with some hipster types? Who would want me, anyway? Then I was peering over Frugal Son's shoulder as he tried to find accommodations in Paris. Opportunity one: a couple working for advanced degrees in Paris. Opportunity two: a family with two pre-teen kids, who take surfers in Paris and in their old house in the south of France. These people all sound so interesting!

The system is self-regulating, with ratings for hosts and guests much like the EBay community in its early days. We loved our visits in France last summer, where we stayed with friends-of-friends-of friends for a few nights.

Frugal Son made a pre-flight phone call to his grandma, age 82. The plan is that she will fly to France next spring and then she and Frugal Son will make a trip to her childhood city: Vienna. When he told her about his couch surfing line-up, she said, "Oh, I want to do that!"

Who knows? Would you do it?

Wednesday, September 7, 2011

To Save Money on Ink Cartridges: New Laser Printer

The few weeks before transitions--end of semester, graduation, leaving on vacation--are incredibly productive. You do all the stuff you've been putting off. Frugal Son, who is leaving tomorrow for at least a year in France, has been bugging us about our printer--a cheap one that required pricy and short-lived ink cartridges. We read somewhere that printer ink is the most valuable liquid in the world. Even Hewlett-Packard, which is getting out of the computer biz, is staying in the ink cartridge biz: that's where the money is.

Here is the printer Frugal Son picked out for us. The printing costs are a fraction of our previous printer. The quality seems fine, but we're not doing anything very fancy.

The newest member of our family. No, it does not replace Frugal Son. So glad we put an end to our procrastination on this.

Have you replaced a money-sucking product recently?

Tuesday, September 6, 2011

Au revoir, mon fils and an idea for the recent graduate

Frugal Son is home for two more days and then off to his new job in France. Yes, job. Low-paying, but that's OK. In fact, I would love the job myself. He--along with a squadron of others--will be assisting in English language classes all over France. His pay: around 800 euros a month after taxes. HOWEVER, he will only work for 7 months, which include 8 weeks of vacation!

He just found out that he is one of the lucky ones who will receive free room and board right at the lycee where he will work. So--as he said--My salary just went up. His work week is 12 hours/week! Because of his free room and board, he will have plenty of money for travel.

What's the idea? Go abroad, graduate. Every American is in possession of something desired the world over: the English language. Many recent grads are heading to Korea, for instance, which is noted for its extremely high pay. Korea, in fact, has become the place of choice for grads with student debt: housing is provided, costs are low. You can pay off some--or all--of your debt in a few years and see Asia on the side.

Besides, it looks good on your resume. Living abroad gives you skills only talked about in today's popular major: international studies.

I have read so many sad articles about recent graduates un- and under-employed. No, I will not link to them.

Isn't Frugal Son lucky?

Saturday, September 3, 2011

Why Aren't You Frugal Anymore?

So asked two of my students who found my not-so-secret blog. The post where I discussed my luxe-on-a-budget lunch at Restaurant August.

First, I should point out that my being LESS frugal than I am normally would be EXTREME frugality for others--not quite in the Amy D. of Tightwad Gazette category, but pretty darn close.

What I said to my inquiring students was this: I had three major financial goals, and I've reached two of them. Goal one was HOUSE. Goal two was COLLEGE for kids. Goal three is retirement, a scary proposition, but the only one left.

Once I realized that, we decided to live it up a little more. Just a little.

Have you reached any of your financial goals?

Friday, September 2, 2011

Cutting Off the College Graduate: Thoughts

Frugal Son--a recent graduate--has asked me this a few times: Why do parents let their kids spend extravagantly in college and then--at graduation--insist on immediate financial independence? He went on to say that many of his friends, many of whom are from families more affluent than ours, lived a snazzy college lifestyle, with cars (and insurance!), lots of clothing, meals out, and so forth.


Then, according to Frugal Son, upon graduation, the ultimatum comes: You must be independent within x months. So from the upper-middle class lifestyle of riches . . . to rags, especially in this scary job market. Frugal Son said that for some of his friends, the ultimatum came suddenly upon graduation.


Frugal Son and I were discussing the fact that it might be better for mom and dad to put a rein on the student's spending during the college years. This would teach the student how to survive a somewhat less opulent lifestyle than the one they had growing up. It would also allow the parents some time to secret away bits of cash that might otherwise have gone to meals out and clothing purchases college-style. What a gift it would be to give the graduate a small dowry of sorts to make the transition easier!

So: do you think our idea--the dowry for the recent grad--is just MORE parental over-indulgence? Or is it sensible for parents who can squirrel away some extra money?

Sunday, August 28, 2011

Frugal Splurges: Restaurant August for $20.11

Here is an update of our meal at Restaurant August, second installment of a conscious decision to be a LITTLE LESS OBSESSIVELY FRUGAL. We don't eat in restaurants all that much, primarily because I like my own cooking better than what we get in most restaurants; also because it is for us an easy way to save money for the big stuff. A while back (a long while, now that I think of it) we had some truly bad meals at New Orleans restaurants, the worst at NOLA, part of Emeril's empire. This was really embarrassing because we were being treated by relatives. Otherwise, we would have sent the food back--all of it.

Anyway, the COOLINARY prices--$20.00 or less for lunch--seemed a good occasion to dip our toes back in. It was a good experience. The food was good, the staff nice. Customers were a blend of upscale New Orleans types (a power party of people in power suits, including seersucker with Panama hat, Hermes ties in pink and baby blue on both men of the party), tourists, and regular old people. The power types ordered a la carte and the regular people ordered the COOLINARY selection.

Everyone got an amuse-bouche of what looked like a soft-boiled egg in shell. Turned out it was a layered fish mousse topped with local caviar, truffle oil, and a toasted brioche crouton. John Besh himself was there, having his picture taken with various patrons.

You really want to see the pictures, right? We had peach salads and pate to start; we had all three main courses, and the three desserts. We are a sharing family, so all was fair.





















Friday, August 26, 2011

Graduation Lunch: Pretty Frugal

If you like reading menus, here are our choices for Frugal Son's graduation lunch. Luckily, we are a party of three, so we can try all the main courses and desserts.

RESTAURANT AUGUST MENU


COOLINARY LUNCH MENU
Appetizer
(Choice of)

Washington Parish Watermelon Gazpacho
Covey Rise cucumbers, pickled red onions, mint

or

Salad of Grilled Chilton Peaches
Aceto baalsamico, basil pesto, bacon crisp, whipped ricotta

Main Course
(Choice of)

Crispy Mangalitsa Pork Belly
Creole cream cheese malfatti, mustard greens, tomato confit,
sauce blanquette

or

Pan Seared Gulf Sheepshead
Silverqueen corn custard, succotash, tomato vinaigrette

or

Brandade de Morue
Ravioli nero, mint persillade and soffrito marmalade


Dessert
(Choice of)

Tart of Local Celeste Figs
Brown butter and bourbon ice cream

or

Milk Chocolate Peanut Butter Croquant
Salted caramel and McEwen's buttered popcorn ice cream

House made Ricotta Custard
Candied citrus, toasted brioche, local pecans, and Aleppo honey

$20.11

Excluding tax & Gratuity

What would you pick?