Coffee heat rising

Get those estimates!

dollarWhenever you need to get work done by a contractor—any contractor—be sure to ask for several estimates. The range of prices you’re offered can be amazing!

Case in point: We need to have three short lengths of gutter installed along the freshly painted eaves of the downtown house. I’d like to get those seamless make-it-onsite things, which don’t cost much and which come in so many colors you can usually get one that closely matches the paint job.

Day before yesterday, I called three outfits that advertised free estimates. Two responded. The first sales rep, who called me back within minutes, showed up that very day and said he’d do the job for $600. The second outfit agreed to send an estimator over at 8:00 yesterday morning. She made the same measurements and pulled out an identical book of color chips…and then presented a bid of $430.

That’s a difference of $170! For the same, exact job with the same, exact product.

Update!

It gets better: The next estimator stalked around the house, measured, cogitated, waved his calculator, and disgorged an estimate of $325…just a little over half the amount the first guy wanted. Amazing!

Next: to find out how much it would cost to buy the materials at Home Depot and get a handyman to hang the stuff from the fasciaboards & rafters. This should be innaresting…

Student Loans: Whither young college graduates?

This morning the Times reports that student loan forgiveness programs are faltering. Designed to draw young people into crucial but often low-paying careers such as teaching and nursing, these state and nonprofit programs can no longer generate the cash required to underwrite the loans they agreed to help with, leaving altruistic young men and women high and dry.

The crisis in the health care system is one we’re all aware of, and one that affects virtually every American. But I’d add that we have a crisis in higher education with the potential to affect almost as many of us: if we can’t get teachers because smart young people realize the lifetime pay of a teacher isn’t worth racking up back-breaking debt, our school systems—already in trouble in many parts of this country—will wither and die. And more to the point for all young people, no matter what their career choices: we’re looking at a situation that requires all young men and women to start their adult lives under the burden of huge, potentially bankrupting debt, just to get a fairly ordinary college degree.

M’hijito’s roommate and his girlfriend are each about to graduate with master’s degrees in international business from the Thunderbird School of Global Management, one of the premier business programs in the country. A master’s degree from this institution will set you back a hundred grand. The young woman told M’hijito that when her loan payments kick in, she will owe $1,400 a month. There are programs that allow people to refinance student loans but there is no telling how much it could help M’hijito’s friend. When the school had a job fair, major corporations showed up to interview students…or not. Several told the young people that they came because they had agreed to do so, but none of them were hiring.

Fourteen hundred dollars a month! That’s more than the mortgage on the house M’hijito and I are copurchasing in a choice centrally located district. Significantly more!

Degrees in law and medicine are similarly pricey, as is any MBA from an internationally recognized private school. Less radiant graduate degrees are not cheap, either: M’hijito figures a master’s in public administration from the Great Desert University will set him back $40,000; I think that’s a conservative estimate.

The implications of this do not bode especially well for the future of this country. Something is wrong when young people have to start their careers so deep in hock it will take them twenty or thirty years to dig out, years during which even an excellent salary will leave their budgets pinched and their options narrowed.

Just as Americans need a decent health care system if we are to continue to think of ourselves as a developed country, America needs to provide higher education for its young people at a price they can afford. If we fail in that, over the long run we risk failing as a sovereignty. If we want our country to continue as a world leader, we need world-class education at affordable prices for all our talented young people, including those who have other ideas for their futures than careers in law, the business of medicine, and high finance.

Copyright © 2009 Funny about Money

Good-bye old receipts, hello dinner

As a compulsive expense-tracker, I drop credit-card receipts into a file folder after having entered the charges in Excel. After a few months, disposing of the resulting fat collection of paper can present a challenge. The wad quickly builds up to enough to choke a shredder, and besides, who wants to stand next to a shredding machine for an hour or so feeding old, faded credit-card receipts into the thing?

Typically, I burn a pile of them in the fireplace once a year. However, it’s only May and the junk receipts folder was full to busting. In hundred-degree weather, I don’t much feel inclined to fire up the hearth. Soooo….

You’ll only read it here, my friend! No other PF blog on the planet will clue you to this ingenious idea. 

😉

The Bookkeeper's Stove
The Bookkeeper's Stove

I have a charcoal-starting chimney, a gadget that allows you to light charcoal using just a couple pages from a newspaper. No petroleum products need apply! So this evening I wrapped the mound of old credit-card receipts inside a double-truck spread, crammed it into the chimney, and used it to set fire to a load of charcoal.

It’s working! Soon the coals will be ready for a steak and a fine cob of corn. And six months’ worth of credit-card receipts will be cremated and returned to their Maker, dust to dust, ashes to ashes, never to present a temptation to an identity thief. 

How many people on this earth at this hour can say they converted a mountain of junk paper into dinner?

 

 

Copyright © 2009 Funny about Money 

Carnival of Personal Finance

This week’s CoPF is up at Greener Pastures. More about that in the next Moments of Fame, scheduled later this week. Meanwhile, though, in addition to visiting Greener’s excellent round-up, which has a great Memorial Day theme, remember that Funny hosts the Carnival of Personal Finance next week!

Yayyy! Be sure to send in your contributions to the Carnival’s website. Looking forward to seeing everybody’s posts.

INSIGHT! Thinking outside the (digital converter) box

    

When M’hijito was last over here trying to figure out why my TV won’t get the newly fully digitized version of the local PBS station, no matter how much rescanning we commit, he speculated that by keeping the Radio Shack TV antenna inside the ugly TV armoire, we can’t extend the antenna’s VHF arms long enough to pick up the new, weaker signal from Channel 8. He realized that if he held the antenna  up in the air and canted his body at a 75-degree angle in front of the set, gadget and corpus together worked to bring in a signal. Alas, though, this was not a practical, permanent solution…

He speculated that with a long enough coaxial cable, we might get it to work by putting it on top of the ugly armoire, except that my house being a bit on the vintage side, the armoire clears the unstylishly low ceiling by only about 22.5 inches, not enough to fully extend the rabbit ears and aim them up, down, around, and beyond. Besides, I have a set of puck lights up there that I don’t especially want to take down.

So I was somewhat annoyed: except for My Name Is Earl and House, I hardly ever watch programs other than those on PBS—and not much of those, either. I just don’t have time, unless it’s something I really enjoy. I’m certainly not going to pay for cable service to get high-definition delivery of shows that I don’t have time to watch and, in general, don’t care for. IMHO, cable is worthwhile for people who a) have plenty of time to sit in front of the idiot box; b) enjoy watching sports on TV; c) enjoy watching movies on TV; d) have kids who need an electronic babysitter; or e) some or all of the above. 😉 I don’t seem to fit into any of those categories.

This morning in a moment of idle boredom, I came across a hilarious video showing how to make a DYI television antenna. Wait! thought I: back in the Cretaceous, I used to be young and clever, too…and I never took “no” for an answer when it came to gadgetry. Trouble is, I’m just not thinking like a person who’s young enough that his voice hasn’t quite changed.

If the antenna works but can’t work inside or on top of the armoire, why does it have to be inside or on top of the armoire? Why can’t it be someplace else?

So I dug out an old, dusty TV table (so aptly named!), dragged it into the TV room, unhooked the co-ax cable and fished it out of the hole in back of the armoire, reconnected it to the antenna, and set the thing up on the table next to the armoire. It’s just flicking hideous, of course: ugly armoire, ugly antenna, ugly TV table. But who cares? No one ever goes into that room but me and the dog, who seems to have little aesthetic sense.

 Well, by golly, it works! All four of KAET’s digital channels come in loud and more or less clear.

Hallelulah, brothers and sisters! Four more channels with nothing on to watch!

Copyright © 2009 Funny about Money

😀

The High Cost of Culture: 16 low-cost routes to the better life

Frugal Scholar reports on a wonderful day at the New Orleans Jazzfest (and ancillary activities), a good reason to live in or visit New Orleans. In passing she remarks that folks grouse about the $43–$50 ticket prices. That sounds like quite a bargain for twelve stages (!) hosting over seventy performances.

Some months ago my friend Kathy and I bought tickets to see Joshua Bell perform with the Phoenix Symphony, an event that coincided with a visit from her now-married daughter, who by the end of high school had become accomplished enough with the violin to consider a professional career. The concert was last night. When I pulled out my ticket, I was reminded that we paid $85 apiece. Parking was $12 in a garage whose elevator didn’t work, so, in high heels, we had to walk down and later up five flights of fire-escape stairs inhabited by bums, one of whom amused himself by filling up the stairwell with cigarette smoke. 

On reflection, I thought…good heavens! If you were a couple and you wanted to go to a symphony performance, it would cost you $182, and that’s before you’ve had dinner or spent the gas to drive downtown. Most people like to have a nice dinner before a concert or at least dessert or drinks afterward; around here you can easily spend $40 or $50 apiece on dinner, especially downtown. By the time they’d paid tips, a couple could have invested another $100 in the evening: almost $300!

It makes $43 for a daylong festival of jazz look like a mighty bargain, eh?

I certainly can’t afford to pay almost $100, exclusive of dinner, to go to a classical music concert very often, and I make a decent salary. The message is that “cultchah” is only for the rich. 

More plebeian pursuits will set you back a pretty penny, too. A single seat at an Arizona Diamondbacks baseball game at an elevation that does not require you to bring an oxygen tank can run $50 to $70. Apiece! Imagine bringing the whole family to that game: Mom, Dad, and two kids: $200, before you get to the hot dogs and Crackerjack!

Where do people get that kind of money?

I see the New York Times is about to jack up its subscription prices to almost $60 a month. Mine is a cut-rate deal for university employees, but I’m sure it will rise, too—after you get through the punch-a-button phone maze, the robot voice flicks you the gesture by informing you that no one’s there to speak to you, so it will be Tuesday before I find out whether I have to cancel the paper or not. I sure can’t afford sixty bucks a month…but then, just a glance at the Times‘s advertising tells you the news is not addressed to the peasantry, anyway.

PBS has been taken off the air for people who receive their TV by antennas. The new digital incarnation does not come in on my flicking “box.” I can’t afford cable, nor can I afford an expensive new antenna and a workman to install it, so apparently PBS is already a thing of my past, as the Times is about to be.

These developments impoverish America far more than does the general collapse of the economy. When people can’t get exposure to great music, can’t see a decent television program, and can’t even go to a damn baseball game because the better things in life are priced out of reach, we’re all dumbed down. We don’t need as much money as we imagine we do, but we do need access to the things that matter in life: music, art, serious news reporting, drama, sports. 

Fortunately there are a few back doors into some quality cultural events. The Phoenix Art Museum has a freeby night once a week, although of course we bums aren’t allowed in to see the major traveling shows. Several churches in the Valley have such high-quality music programs that attending a service is akin to enjoying a free chamber music performance—albeit, nonbelievers have to sit through a lot of hoopla for the privilege. Some church music ministries bring guest performers or engage Phoenix symphony professionals to put on religion-free concerts at reasonable prices. And there’s a surprising wealth of jazz in Arizona, much of which can be enjoyed in relatively affordable venues. And sporting events, not on the professional level but maybe so much the better for that, can be caught at nearby colleges and universities.

In most cities you can find guides to these events and activities at your local NPR station’s website, in events listings in “alternative” newspapers, and in handouts available at local libraries. Just because you can’t afford rich folks’ entertainment is no reason to sit at home. Here are a few places to look for free or low-cost cultural events, with examples from my part of the globe. Google…

  1. Your local NPR station(s); look for an events calendar at each station, since they may differ.
  2. Local museums, botanical gardens, and zoos    
  3. Events calendars at local colleges and universities  
  4. A nearby university + the team name  
  5. A nearby college + sports events  
  6. Your city’s Parks and Recreation Department  
  7. Your city + events  
  8. Event calendars for cities within day-trip driving distance  
  9.  Chamber of Commerce events calendars  
10. Volunteer gigs as ushers or ticket-takers at concert halls and theaters.
11. Nearby cultural centers  
12.  Jewish Community Centers   
13. Your local YWCA or YMCA  
14.  Local church events and music calendars   
15. Special interest groups such as the Audubon Society, the Nature Conservancy, or the Sierra Club  
16. NPR online, PBS online, and Hulu   

Et vous? How do you find kultcher on a shoestring?

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Oops! By light of day, I see I repeated myself in (2) and (10)! Sorry about that. Safari crashed just as I finished that list, the first time around, erasing the whole thing. So, with great disgust and impatience, I had to try to remember and then rebuild all the suggestions I’d dreamed up and relocate all the links I’d dredged  up. Sooooo… Let’s change numero (10) to the hint I remembered after I first published this post.
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Copyright © 2009 Funny about Money