Thrifting in Tuscaloosa: Financial Lessons

Mr FS and I had sooooo much fun visiting Miss Em. As per our tradition, we went to Twice as Nice, an excellent consignment store. I can't believe how nice the stuff is, ranging from pretty nice up to a Vera Wang wedding gown that originally sold for $22,000. (Note to Miss Em: please do not buy such an expensive dress for a one-day event.) There are also very posh homegoods and even furniture there: the shop is pretty much the only game in town.

As is my wont, I had a chat with the owner. She told me that she has 12.000 consignors, though I don't suppose all are active. I told her about the book The Millionaire Next Door, which suggests that auctioneers are often secret millionaires, because they see how much value consumer goods lose. The owner agreed. She said, People think we're like Sanford and Son, but they should see what I have in my house. Interestingly, hers was a soft sell. I was swooning over some candle sconces (my latest desire). She said, Oh, I'll get more in sooner or later. I always do.

So not only does the owner have access to all sorts of great stuff (and she pays only 1/2 of the already low price), but she knows there's no need to rush: something just as nice or nicer will always show up.

Miss Em and I were rather like girls gone wild and we bought way too much. So, as penance, and to get the closets back in shape, I am filling boxes with my no-longer-desired clothing. Miss Em will consign them after she comes for a visit next week. I'm hoping we'll make enough money to pay for what we bought PLUS the sconces.

I'm getting the feng shui whoooosh of energy that comes with de-cluttering.

Crabby Post: What Do You Think of Tom's Shoes?

Luckily, I live a virtual life here, so I can't get in toooo much trouble for crabbing out about Tom's Shoes. I see these shoes--usually slip=ons made of cotton canvas-- everywhere. On all sorts of feet. They are extremely chic. The company is classed as an example of social entrepeneurship, but it is--in my opinion--not in the league of the various micro-lenders and companies like Newman's Own mentioned in the wikipedia article.

Yes, the company gives a pair of shoes away to a needy child for each pair sold. But, honestly, I've seen the shoes, which sell for around $50.00. Frugal Me thinks these are awfully expensive, the donation notwithstanding. Now if Tom's gave away FOUR pairs for each one sold, that would be something. I bet they would still make a tidy profit.

Am I too crabby? too unfair?

Thai Peanut Sauce plus Customer Service Rant UPS and USPS

OK. I was going to start with the rant, but you don't really care. On my other blog, I wrote about a dinner party I'm planning for my daughter and her college friends. Part of the menu: Thai peanut sauce, which we will serve on tofu and whatever else we can think of (vegetables?).

There are many complex recipes for the sauce, but, owing to my lazy and frugal ways, I searched for the easiest. It is soooo easy. Just made it. It's good.



4 TBS peanut butter
4 TBS vegetable oil (NOT olive)
4 TBS soy sauce
4 TBS sugar
4 TBS vinegar
1 tsp Asian sesame oil (if you don't have this, leave it out. That's what a Thai grandma would do)
a little hot pepper, if you so desire


Now when you crave Thai food, you can pick up a rotisserie chicken and make this sauce. That will save you about $20.00 right there.

OK. I HATE UPS CUSTOMER SERVICE. Of course, hating UPS is like hating the sky: through 3 levels of customer service, I received ye olde "There's nothing I can do about that. I'm sorry you feel that way."

While I'm at it, I also hate the postal service. My p.o. has managed to hold my mail ONCE out of FOUR requests. Oh, and the passport person doesn't feel like processing passports. So no matter what day you go in, you are told, we do that only on ANOTHER DAY. They say this even though the sign says M-Th. Actually, the USPS has much better customer service, because something was done when we complained.

But isn't that peanut sauce good? Check out collegecookingcrashcourse for the rest of the menu.

Big Lots Coupon! Plastic Storage Bins! Happiness!

The great thing about being frugal is that it doesn't take much to make me happy. That is because I have many make-do "systems" in my house that I have been making do with for many, many years. Add to that the fact that both Mr FS and I are terrible at decluttering AND at organizing: any little improvement makes a big difference.

So the confluence of two forces.

First, I read an organizing book that recommended plastic storage tubs so that you could see the contents. I guess most normal people know this.

Second, Big Lots has one of their 20% off coupons today! I missed the last two since I was out of town. The sale started early, so I bought two 66 quart bins ($8.00 each after the discount) and-WHOA-they are great. Big Lots is about 1/2 mile from my house, so it's no problem to return and get a few more today.

They look so good. They hold so much. And they replace cardboard boxes of various sizes with legends like Sentimental Sweaters (knit by deceased family members--no we are not getting rid of them). The we have the labels written by Mr. FS. He is better than I am at most things--and a good cleaner to boot--but his labels are terrible. To wit: medium good misc Fall 2008.

See, with the plastic containers, you can SEE the contents.

I also buy food at Big Lots. They have tons of Bob's Red Mill at the moment. It's not much cheaper than on Amazon, but with the coupon, it's a little cheaper.

Have any little things made you happy lately?

Retirement and Riches!

I've been slogging through almost 200 pieces of student work over the last few days. Hence this post is part of my PROCRASTINATION PROJECT. This is a project that I don't need to explain: we all have expertise in this area, except for a few very focused souls.

Anyway, reading the prose of more than 90 students is not conducive to writing. So I will instead send you over to Duchesse of PassagedesPerles, who used to write about jewelry and style (still does), but also meditates on retirement. She outlines some creative responses to this dilemma: how can I travel?

Next, let's check out Funny About Money. Like many of us, she is often in a panic about money. Well, today, she posted quite a cheery piece about her new sources of income and the snazzy St John suit, rich lady attire par excellence, she snagged at a consignment shop.

Somewhere in the depths of history, I wrote about getting a St John jacket (still unworn by me) at a thrift store. I was inspired by this WSJ article. In a comment to Funny, I mentioned that Nancy Pelosi and other Washington bigwigs wear St John. According to the article, wearing St John garners you R-E-S-P-E-C-T.

Back to grading. My outfit: a pair of Eileen Fisher pants that are too big but very comfy, topped by a Hanna Andersson pajama top. Both from thrift stores!

When I'm done grading (I have a few more days), I will resume commenting on my comments. Thanks, Readers!

Keeping Money in the Family: Family Capital

I've read here and there on the blogosphere thoughts on social capital, which seems to be a fancy way of saying do unto your community, so your community will do unto you. There's not as much of this around as in days of yore: we each seem to be living in our households, every kid with a full library of identical toys and Disney tapes.

Recently, I've been thinking of family capital. This probably means trust funds for those who have them! I'm thinking of my own more humble family version.

Miss Em, for instance, has been cutting my hair for several years. After witnessing my misery with professional cuts, she said, "I can do better." Even aside from the psychological benefits, I save, perhaps, $150/year. I can't remember when she started, but I suppose she has at least $600.00 in her family bank account. She cuts Frugal Son's hair too.

Meanwhile, I'm cooking up some freezer meals to bring her.

i suppose I'm the one who benefits, since when she saves money, I save money, and Miss Em remains under parental support at the moment. Still, we had the money to fund her course in Italy last summer.

I don't know how to transform the virtual family savings account into something "real." Mr. FS says that it is good to promote the idea that we are all in this together: that what benefits one family member, benefits all.

That is why Mr. FS and I fantasize about babysitting for our (at present imaginary) grandchildren. We could be adding at least $10/hour to our children's virtual bank accounts. Tax free for both worker and employer!

Does your family engage in similar money-saving activities?

What is Your Image of Retirement Anyway?

Shelley wondered in a comment yesterday if I would take my mother in. In fact, I would. In fact, my mother is horrified at the very thought. It would be very low on her list of desired retirement options. She has said that, if she can no longer stay in her Florida condo, she wants to move to assisted living so she can be with friends. Not necessarily the friends she has now, but friends nonetheless.

As for me and Mr FS. We are unlikely to do what my parents did: move AWAY from the area where they had lived for many years (and where one child still lived...and lives) to move into a condo/golf community with constant social activities. Mr. FS and I hope we can move TO wherever at least one child settles. We're hoping that would be OK with our children.

My parents and Mr. FS's parents had no interest in babysitting for grandchildren. My parents took a few weekends when Mr FS and I had professional obligations. Mr FS and I, by contrast, hope that our children don't wait so long to have kids, because we would love to do a lot of childcare.

I guess that in days of yore, people didn't have so many choices.

Do you know what you want to do?