How To Be Poor - Advertise on this site
How To Be Poor Title Image

Contact me: [max] [at] [howtobepoor.com]

August 11, 2010

Babies Aren’t Free

Filed under Money-Saving Rants,Personal Finance,Reviews,Speaking Out — How To Be Poor @ 12:16 pm

First children, like first homes, are a lesson in which items are truly worth investing in.

I’m quite particular when evaluating the amount of money I’ll spend purchasing items I need and want, yet I’ve found it all too easy to justify splurging on my son.  The spending devil on my shoulder sounds more like an angel saying, “Come on, it’s your CHILD we’re talking about!”  I DO believe having a baby is an excellent reason to plan for a few truly nice things that will make the transition easier for everyone; I don’t believe it should be an excuse to go on a spending spree to create the perfect nursery/playroom/kid wardrobe/etc.

Nine months into this adventure called parenthood and I’m finally gaining perspective on what’s been a smart investment and what items we were ridiculous to think we needed.  Yes, every parent is different and the opinions I’ll share here are just that: opinions.

Worth It

One-piece outfits with feet – AKA “Sleep-n-Play” — newborns already feel fragile, why insist on manhandling them three times as much to put on 3 different parts of a fancy outfit? (we did make an exception when pictures were taken)
Nice Travel-system type car-seat – this is one thing I’d recommend buying new.  I’ve LOVED being able to quickly snap the little cradle out of the base and take our boy into the store for a quick errand without jostling him about and waking him up.  We researched systems being used by already-parent friends and bought the one we liked the best.  At 9 months our boy is tall enough to need the next stage in car seats but the stroller part of the system will work until he doesn’t need one anymore.  We’ll re-use all three parts for the second child.

Breastfeeding — we were lucky this worked for us.  Even though our little one had problems latching and we had to buy a $250 electric  pump and some bottles, the average cost of formula runs about $1800 a year, so we’re still looking at a $1500 savings.

Debatable Items

Fancy High Chair – the only feature I’ve been thankful for in our $150 high chair is the fact that it’s on wheels (lockable, of course).  It is convenient being able to strap junior in, safely containing him in the kitchen while I chop veggies, then wheel him to the dining room as he happily smears his peas while the husband and I enjoy a rare meal together.

Diaper Genie — the refills are expensive and it broke three times in the first three months.  To be fair, our friends could not live without their Genie because they swear it “locks the odors in”.  Our son is still largely breastfed so the smell of the diapers hasn’t become unbearable yet.  I think any type of sealing trash can and trash bags sprinkled with baking soda or some sort of odor absorbing powder would do the trick.

Name-Brand Diapers — in the beginning, I decided to go with Pampers because they have a points-based rewards program.  In 8 months of diapers and wipes, we saved enough points to get free Shutterfly photo announcements for our son’s first birthday OR some photo Christmas cards.  I’m still deciding if it was worth it.  I’m also in a “testing” phase.  I’m scared to just automatically buy the cheapest in bulk without trying a small sample pack first.  So far, there are two I’ll stand behind: Target’s Up and Up brand and Luvs.  Both cost at least 30% less than Pampers or Huggies and I don’t see a difference in performance.  I wonder what it would cost to print my own photo cards at home . . .

Not Worth It

Name-Brand Clothing – a sale at Carter’s is about as posh as I plan to go for the next kid.  Jeans for babies are cute in theory but felt scratchy on baby’s skin.  Don’t worry, most kids develop brand lust on their own; these days it happens before their age hits double digits.  That Marc Jacobs onesie isn’t going to be so cute covered in a layer of orange baby poop.  It is more than likely your child will unleash an unholy diaper the VERY FIRST time they wear the one thing you splurged on for their picture opportunities – guaranteed.

Brand new Swings, Bouncers, or Pack-n-Plays — one word: Craigslist.  OR two words: Yard Sales.  These items are designed to be easily cleaned and sanitized, otherwise daycares wouldn’t be able to use them as much as they do.  We registered for one of the fancier baby swings, two family members split the cost, our son used it for two months, then he developed a flat spot on the back of his head and our doctor recommended we stop using it entirely.   We really could have used that money for diapers.

• • •
 

August 2, 2010

10 Gift Ideas for $20 or Less

Filed under News — How To Be Poor @ 10:04 am

Birthdays, holidays, graduations, weddings, even house warming gifts can be a source of stress when your budget doesn’t allow much wiggle room.  Worried that your modest gift will seem shabby?  Relax.  Like Mom always says, it really is the thought that counts.  No, really. I’d wager the average birthday boy or girl spends less than 60 seconds tearing into each carefully wrapped token.  So what will make them appreciate yours?

The best gifts fall into two categories: useful or unique.  Useful is self-explanatory as a category.  Unique typically requires a greater investment of time but can be even less expensive while maintaining the “coolness” of the gift. If you know a little about favorite foods/beverages/sports teams, likes and dislikes, or even inside jokes can be handy in selecting a unique gift.  Here are some suggestions:

Useful Gifts

Alcohol

It’s hard to go wrong here unless the person doesn’t drink.  There are MANY respectable . . . even exquisite wines available at this price.  Not a wine drinker?  Try a cherry-picked 6 pack, each beer a unique flavor or different varieties within the same category (6 different Ales for example).  Stop by your local World Market or Whole Foods and you’re likely to find an employee who can give recommendations.

Homemade Food

Try to incorporate ingredients the person is known to love.  If possible, give things that are easily shared. (cookies, candies, a special marinade for an upcoming BBQ)  Make sure the special someone doesn’t require something gluten/sugar/dairy free or if they DO, take that into account when preparing their gift.  Bonus points for including the recipe.

A tool to make life easier

The possibilities are endless.  A tool can also feel more unique if it speaks to the hobbies of the person you’re buying for.  Examples:

  • Magnetic wristband so your handy man or woman never has to hold screws, nails, nuts or bolts in his or her mouth.
  • Nice kitchen knife or sharpener for the cook.
  • Nice Flashlight with batteries for just about anyone.

Bonus summer suggestion: a lightweight, portable floating cooler for folks frequently poolside.

Unique Gifts

Framed picture

This could be anything from a game-changing dunk for a sports fan to a candid from your last family reunion.  Mat and frame it yourself and let your card explain the reason you thought they’d like it.

Book

Just pick a subject this person is interested in.

Magazine subscription

My sister loves to cook and I recently scored a Rachel Ray gift subscription for $1 an issue.  Yep, one year of delicious recipes for less cash than a night at the movies.

Basket of small items that reflect this person’s interests

You choose the basket and the items.  Some theme ideas:  Loving Cats/Dogs/Chicago Bulls/coffee/etc.

Useful Lists of Information

Very inexpensive, just requires forethought.  Ask 10 of the person’s friends or family members each the same question.  Collect the answers, type them up on nice paper and frame them.  Examples: what do you love or admire about Mom/Dad/Birthday boy or girl?  What is your best advice for newlyweds/graduates/new parents? You get the idea.

Whether useful, unique, or both, these gifts all fit into the most important category: affordable.

• • •
 
real unique people checked out this site and agreed with every word I wrote. Powered by WordPress 3.3.1. Supported by CD Rates.