Coffee heat rising

Moments of Fame

Green Panda Treehouse hosts this week’s Carnival of Personal Finance, where Funny’s rumination on the “Slow Money” idea appears. I enjoyed Pimp Your Finances’s rant about the widespread allegation that responsible savers are trashing the economy. Living Almost Large questions the long-term effect on the economy of excessive and almost universal student loans. And there’s a good essay at the Personal Finance Playbook on price-to-rent ratios, something of interest to some of us who might not have planned on having to rent out a house.

Funny’s reminiscence about nearly buying a bed & breakfast appears in this week’s Carnival of Personal Development, hosted by Health Money Success. The round-up is getting quite large. I liked this: Jacob Duchaine gives us 10 steps for getting a girlfriend. Wonder if they’ll work to get a boyfriend, too? Beyond Bounds has a nice post on “living the jobless life.” I like it!

Feels Like Home hosts this week’s Make It from Scratch Carnival; my scheme to soften laundry with hair conditioner made the cut here. And whoa! Right at the top of this carnival is Praiseworthy Things’s guide to making almond milk. In my misspent youth, I used to make that. PT’s looks better: she uses better tools and she takes her time. As a bonus, she also tells how to use the leftover almond meal to make bird suet. Wifely Steps has an interesting and beautiful-looking recipe for sautéed bitter gourd, a Filipino dish. Uh oh…chocolate addicts had better avert their eyes: 5-Minute Chocolate Mug Cake from Lighter Side. You make it in a mug, cook it in the microwave, and from the photo, it looks highly edible. At Recession Depression Therapy, Neighbor Nancy offers some encouragement and the basics about canning. If you’re gardening a lot or you have fruit trees, canning is a great way to make the most of your excellent produce. I could cite every post in this carnival: it’s full of neat ideas and fun things to do. Be sure to visit!

Speaking of Make It from Scratch, Funny will host next week, so be sure to submit your best ideas at using this handy carnival form.

Single-handedly rescuing the economy

Yesterday M’hijito and I went out and spent enough to bring the entire global economy back to life. Well…at least to revive the value of Lowe’s stock.

The Investment House that I so recently was fretting about has needed decent window coverings since we bought it. The previous owner, who rented the place out, had installed cheesy plastic miniblinds in all the windows. In the south-facing front windows, they not only do nothing to block the heat from the summer sun, they seem to assist it in radiating into the house.

M’hijito has long wanted wood blinds, set inside the casements. We checked out the faux wood and found the price is about the same, so we ordered up some real ones that roughly match the color of the salvaged French doors that now form the visual and design centerpiece of the front rooms.

They should look pretty nice, and I think they’ll help a bit with insulating the windows (we really can’t afford to replace the windows with double-paned numbers; certainly not in a style that wouldn’t compromise the house’s historic character). Since we installed a high-efficiency air conditioner and packed the attic with insulation, we’re hoping this will help to drop the gents’ power bills into the almost-reasonable range this summer. Hope so: the price was bracing.

Could we stop at dropping 8 1/2 bills on the decor? Hell, no!

dcp_2420From the window-covering department, it was off to the nursery, where M’hijito unburdened himself of a nice slab of his annual bonus and I continued to get rid of my tax refund. He bought more stuff for his elaborate vegetable garden project, and I found this incredible echeverria with blossoms that look like gold lilies-of-the-valley.

Naturally, I had to have a pot for it. Right? A crackle-glazed pot from China. Of course.

And naturally oneecheverriacalls for anotherecheverria, so of course I had to buy an elegant but less floral hen & chick. And it needed a pot, too. Naturally. And some dirt to fill the pots.

None of these were especially expensive, but they add up.

March is a dangerous time for the gardening Arizonan. The temptation to buy plants is well-nigh overwhelming, partly because the weather beckons you outdoors and partly because any plants you’ve already got are rewarding you with astonishing frenzies of bloom. Check out this thing, which apparently is a freesia:

dcp_2402

Do I recall planting it? Nooo…. It must have been one of those extraneous bulbs that I stuck in every pot and flowerbed I could think of. A few weeks ago I found it sprouting in a dried-out pot I’d stashed in the pot shelves behind the shed on the side of the house. Dragged it into the backyard where it could get some water, and voilà! Who’d’ve thunk it?

The atmosphere is so heavily perfumed with citrus and jasmine that in the evenings you can smell it inside the house with the doors and windows closed. The lime has so many blossoms it looks like it’s been snowed on. The roses have run amok. The cassia are still covered with brilliant yellow flowers. And it is not possible to resist gardening.

Future bumper crop of limes
Future bumper crop of limes

Think I’ll name that gorgeous echeverria Michelle Obama… The other one can be Barack.
😉

Moments of Fame

Stock Trading to Go.com has posted the 195th Carnival of Personal Financewhere Funny’s squib on paying bills by snail-mail vs. electronic funds transfers appears. On the same subject, Green Panda Treehouse expresses a preference and polls friends on Twitter. Interesting post from Bad Money Advice, who explains why we soon may want to consider converting our traditional IRAs to Roths. And J. Money over at Budgets are Sexy got a lot of conversation going over by asking readers whether they’d rather be rich or hot.

The beloved Make It from Scratch Carnival is up at I’ve Got a Little Space to Fill. This week’s edition is full of things that outshine Funny’s chard-with-walnuts contribution. In the course of offering up a delicious-looking French toast with ham recipe, GP of Manely Montana tells a cautionary tale about running a B&B—remind meto blog about that one of these days. Mary at Simply Forties hits the gong again with a recipe for spring rolls. I’ve always wanted to know how to make those, and this version looks even better than our favorite Vietnamese restaurant’s. As if I needed an excuse to consume some more honey, Victoria Kabakian produces an incredible honey ice cream (OMG!!!) at Mission: Food. A tempting site devoted to crocheting appears here…my mother taught me to crochet, but I’ve forgotten how. I think I have her set of crochet hooks somewhere; it might be worth watching the video to relearn that skill.

And here’s a new Moment for Funny: Dodgeblogium included the rant on trying to collect unemployment in the Carnival of the Vanities. This is the first time I’ve submitted a post to that venerable round-up. I see quite a few PF bloggers are there, many of the usual suspects like The Smarter Wallet, Silicon Valley Blogger, and Nickel. Because this carnival is very eclectic, it offers a diverse set of viewpoints, though. Check out GrrlScientist’s story at Living the Scientific Life about her experience with Finnish emergency care. Here’s an M.D. who’s into brain fitness, writing a site of interest to all us old codgers who so annoy the snark artist at the Shark Tank. Interesting!

At the Farmer’s Market

Yesterday morning a friend drove into town from the far-flung suburbs so we could visit the downtown farmer’s market together. People say this is the best farmer’s market in the city. The ones I’ve seen in other parts of town have been a bit lackluster, more crafts fair than produce market, so I was curious to see what “the best” means, particularly since other bloggers say they get good deals on local produce at these operations.

Getting there was a challenge: you have to navigate the new train tracks and a labyrinth of one-way streets—the City has kindly made a nightmare of driving downtown. Parking, at least, was free: in a graveled lot with no markings, overrun by people scrambling to get space between cars left sitting cattywampus, higgledy-piggledy and willy-nilly. My friend found a paved lot, where she parked in an end space; when we went back to leave some of her purchases in the car while we walked to a restaurant, someone had parked a pickup with an extra-long truck bed at right angles to her vehicle, blocking her exit. Fortunately, the space next to her was empty, so she wriggled her car out and reparked it in that spot. While she was backing out, two drivers came along and tried to grab the empty space; if I hadn’t been standing in it, they would have blocked her from getting her car out.

We enjoyed walking around. It was a stunningly beautiful day, cool and clear. The downtown area is gentrifying apace—or it was, until the Bush economy collapsed. Strips of old, formerly abandoned 1940s stores have been renovated and repopulated with new shops, and great blocks of so-called “lofts” fill former empty lots and the sites of demolished flophouses. In downtown Phoenix, a “loft” is an overpriced condominium apartment, less overpriced now that no one can or will buy them but still out of most buyers’ reach. Sadly, the area is still populated with homeless mentally ill people living on the streets, the first and worst symptom of America’s ailing healthcare system. As I was leaving, a particularly desperate panhandler came after me and would not stop pestering me even after I got into the car and locked the door.

The farmer’s market offered more produce and preserves per square yard than others here in Arizona, but about half the booths were occupied by people selling tie-dyed shirts, crocheted scarves, wood carvings, pottery, handmade soap, lost-wax metalwork, bead jewelry, and on and on. Prices didn’t strike me as much of a bargain, considering that a raft of middlemen supposedly are cut out of the marketing process.

I bought 2.5 pounds of tomatoes—a handful of vine tomatoes, two heirlooms, and two green tomatoes that I intend to fry for breakfast this morning—for $7.39. That was not a bad price: $2.95 a pound; unclear whether these were organic, but they didn’t appear to be. Potatoes and sweet potatoes were a dollar a pound. We came across a lady selling some exceptionally delicious hummus; I proposed to buy a container of that for $3.00 and a bag of pita chips for $6.00. On second thought, though, after the vendor mentioned that the stuff didn’t contain any tahini but really was just puréed chickpeas, garlic, and olive oil, I decided nine bucks was a little much for a can of beans and a bag of chips, especially since I have a perfectly fine food processor sitting in my kitchen.

After my friend and I parted, I wondered idly how some of the prices we’d encountered would compare with with grocery-store prices. So, on the way home I stopped by AJ’s (my favorite gourmet emporium and home of the Elegantly Overpriced Commodity) and Safeway (itself no bargain corner).

At AJ’s, vine tomatoes were selling for $2.99 a pound; green tomatoes, a rarity in stores here, were offered for $3.99. Campari tomatoes, the variety I buy because they are the only tomatoes with anything resembling flavor available in this part of the country, were $4.99. Pita snacks ran from $6 to $20 for a package. AJ’s carries our vendor’s hummus: $4.99, two bucks more than buying it directly from its maker at the farmer’s market. Potatoes were $1.49 a pound.

At Safeway, I couldn’t find pita chips, but a package of pita bread sold for $2.19 for ten pieces; easy enough to paint it with olive oil, cut it into triangles, and crisp in the oven. A can of chickpeas cost all of $1.39 for organic and $1.00 for nonorganic. Campari tomatoes were selling for the same price as AJ’s; vine tomatoes were $2.69 a pound. Neither store had any heirloom tomatoes. Sweet potatoes were $1.29 a pound, but regular Idaho potatoes went for 5 pounds for 99 cents—about 25 cents a pound.

Okay. Given that you’d have to make your own hummus (a process that would take all of about 5 minutes) and substitute bread, toast, or tortilla chips if you didn’t want to dork with cutting up and toasting pita bread, let us compare the costs:

Hummus:

Farmer’s market: 3.00
Gourmet market: $4.99
Safeway DIY ingredients: $1.00 plus a few drops of olive oil and lemon juice

Tomatoes:

Farmer’s market: 2.95 a pound
Gourmet market: $2.99 to $3.99 a pound
Safeway: $2.69 a pound

Potatoes:

Farmer’s market: $1.00 a pound
Gourmet market: $1.49 a pound
Safeway: 25 cents a pound

Pretty consistently, the Safeway underpriced the farmer’s market and the AJ’s on the goods I was prepared to purchase this weekend.

Even where the farmer’s market was a few cents cheaper, one has to question the cost of the hassle factor: shopping there requires a significant investment of time. The site was so crowded and so cluttered with sellers of kitsch that it was hard to make your way to the food stands. To buy something, you were supposed to get a slip of paper on which each of your desired purchases was marked, go to a central cash collection site to pay, and then take the receipts back to each of the vendors you’d visited. This would entail elbowing your way to the desired vendors and standing in line not once, not twice, but three times for each purchase you made!

Fortunately, some of the vendors would take cash and credit cards. Just as fortunately, the hummus vendor did not, and the prospect of dorking around in two more lines deflected me from making that impulse buy. In terms of gasoline expended, the Safeway is a third as far from my house as is downtown; the AJ’s is half as far. And no panhandlers harassed me in either grocer’s parking lot.

For a special outing, it was fun. But day by day, it’s not a venue I would add to my regular round of places to buy groceries.

w00t! Tax refund

The tax lawyer just sent my completed tax returns. What with last spring’s teaching gig, the small but steady income The Copyeditor’s Desk has been generating, and the drawdowns I’ve been making from my IRA to pay my share of the Investment House mortgage (which of course are treated as regular income), my gross this year was pretty startling. And when GDU switched to biweekly pay, I cut the amount being withheld from my paychecks to mitigate the $220 cut in net monthly pay that change inflicted. I really was worried that I would owe a ton of money in April.

But nay! We’re asking for refunds of $4,734 from state and federal gummints!

Meanwhile, in 2008 I set aside $2,563 to cover that year’s taxes on freelance income. By golly: that’s a windfall (as I see it) of $7,297.

Of course, I’ll have to pay the lawyer, whose fees are not in the H&R Block range. On the other hand, H&R Block wouldn’t be extracting almost five grand from the state and the feds for me, either. My lawyer charges significantly less than my accountant used to charge, back when I was incorporated. Argh! That woman used to present me with a tax prep bill that was more than my taxes! And believe me, she never came up with a refund.

Happy days are here again,
The skies above are clear again…

🙂

Automatic payment vs. EFT bill paying

In the conversation about automatic bill-paying a few days ago, some commenters remarked on the preferability of setting up your accounts so that you can go online to transfer money to creditors electronically. This is different, of course, from allowing a creditor to engross money directly from your account according to what it thinks you owe.

The credit union would far rather have customers use this EFT strategy for payments, especially (so they tell me) where insurance companies are concerned—the CUs rep said that insurance companies are egregious about ripping off customers and that it’s difficult to disconnect them from an automatic payment plan. They just ignore requests to quit grabbing cash out of the customer’s account. And I will say that toward the end there, Qwest went amok with stealing money out of my account that was not owed…and that indeed, they eventually refunded. The refunds didn’t help my cash flow, though, when I needed it.

I knew better than to pay Qwest automatically but was lulled into a false sense of confidence after several years of decent service and straight dealing (those latter must have been unintentional on the company’s part). And there’s not a chance on God’s Green Earth I would let The Hartford or any other homeowner’s or auto insurer have access to my bank account.

But I do use this arrangement for the utility companies, for my long-term care insurance (only because GDU kept screwing up the payroll deductions), and for a whole life policy whose premium has not changed in 30 years. Except for the long-term care insurer (which I would not pay this way except that there’s no other choice), all the other creditors have proved that they do not systematically cheat customers (except to the extent that our defanged regulators allow), and so I don’t feel the system poses much risk.

And it does have a single, sterling advantage for an aging single woman: if anything happens to me, the bills will be paid until I can get out of the hospital to deal with them or until my son can get a grip on things.

It’s an advantage, too, in a household where one person handles all the finances and the other person hasn’t a clue. One of my friends learned this when her mother, who lived in another state, had a stroke. Her father had never so much as opened their checkbook and was utterly naive about their money situation. He didn’t even know how to pay the bills! Fortunately, the mother had put all their utilities on automatic bill-pay (they came due right about the time she fell ill), and so my friend was spared the hassle of figuring out how to keep the lights, gas, and water running from halfway across the country.

That advantage alone, I think, outweighs the possible risks. You have to be careful, of course…never let a telecom company extract funds from your checking account, because they are in the business of ripping off customers. But utility bills, at least for the time being, can be safely paid this way, so that your lights will stay on if you’re temporarily put out of commission.