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Archives for April 2015

How Do Relationships Influence Frugality?

By Frugaling 9 Comments

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Relationship Week - Photo Dennis Hill Flickr

I want to spend this week talking about relationships. Why? Well, because money and relationships often go hand in hand, whether we like it or not. Income, wealth, and spending issues are one of the most common concerns for partners.

When I founded Frugaling, I was in a relationship and felt this pressure — internal and external — to change my habits and reduce my spending. What happened next still feels like a dream. In thinking about that process of becoming more financially solvent, I decided to write a little article for one of my favorite personal finance websites, Frugalwoods.com.

Today, you’ll find my thoughts on being single, staying frugal, and thinking about whether a relationship is right for me… financially. Then, on Wednesday, the author of that site will be publishing her own article here on Frugaling! She’ll share her thoughts on love, relationships, and the ability to be even more frugal when married.

The two of us come from different backgrounds, genders, demographics, and are in opposite sides of the relationship coin. Despite these differences, we both came to frugal living. I can’t wait to hear from you all about your journey and how relationships help/hinder your ability to save!

Filed Under: Save Money Tagged With: dating, Frugal, frugality, Frugalwoods, Income, living, money, relationships, saving, spending, Wealth

5 Ways To Fix America’s Food Problems, And Still Eat Frugally

By Frugaling 7 Comments

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Mark Bittman at The Englert in Iowa City

Mark Bittman’s diet advice is minimal and frugal: eat real food and more plants. As the first-ever op-ed food columnist for The New York Times, he’s paid to provide thoughts on various topics related to chowing down. But his job goes well beyond recipes and healthy eating strategies. Bittman recognizes powerful, systemic concerns that affect our world. From climate change to GMOs to organic foods, he’s got an opinion on nearly everything.

Two weeks ago, a friend invited me to see Bittman speak. I didn’t know what he’d preach about. I didn’t know what his style would be like. I hadn’t ever read his columns. I didn’t even read the flyer. All I knew was that he wrote recipes and cared about climate change.

We settled into our balcony seats, and the lights lowered. Eventually, a balding man with tiny spectacles walked onto the stage — a sheet of papers in tow. Bittman gulped from a bottle of water and placed his speech on the podium. I was initially disappointed — expecting him to speak extemporaneously. That ruffled attitude dissipated, as his spoken words were potent.

He explained that we are living at a time of great peace and prosperity. But our tragic irony is that amidst this wealth, we are not providing adequate care for the disenfranchised parts of society. We can produce faster than ever, but we can’t reliably provide clean water and air for everyone. And when these basic elements to sustain life are threatened, only the wealthy can afford to move and buy water filters.

Children are constantly being exposed to toxic advertisements for sugar-laden fizzy beverages that rot their teeth, spike insulin levels, create excess adipose tissue, increase incidence of cancer, and lead to various other medical complications. Bittman makes it clear that we are doing our children and future generations a disservice by advertising these unhealthy drinks and providing vending machines in K-12 schools.

We aren’t educating children to be critical consumers in school; rather, we are schooling them to insert dollar bills into the coffers of multinational corporations. Their reward is a carbonated gurgle that makes them temporarily feel good. The sugar targets evolutionary epicenters for life, but is overabundant in today’s processed world.

Food is just the tip of the melting iceberg for Bittman. Our way of life is being threatened by climate change. As global temperatures increase, crop yields will be threatened, waters will rise, and food scarcity issues will worsen. The research is abundantly clear, and yet, we haven’t taken any action. He seems to understand that sugar, corporations, and schools all play a part in affecting our food decisions. But even greater, that climate change complicates everything.

Bittman is controversial in his views. He takes firm sides and argues his points until others relent. I’d take greater issue with his debate-style personality, but I agree with him too frequently to care. He’s right, and people need to listen up.

While a polemicist and op-ed columnist, Bittman is not a pessimist. He recognizes these problems and provides solutions — however grandiose they might seem. The following are five takeaways from his talk:

1. Eliminate empty calories

We need to reduce empty calories from our diet. We need to stop eating treats and sweets in such great abundance, and eliminate sugary drinks (they’re awful for us). And we need to start eating nutritious foods. As a frugal blogger, this is vital to saving money, too. Junk food is junk, and not worth our money (or time working to afford them).

2. Support government research

Research on nutritional needs and diets is complex and onerous. For average readers, it’s entirely inaccessible. What are the researchers suggesting, should I have more or less salt? Are all high-fat diets bad? How much sugar do we need? All of these questions get answered in various ways by esteemed PhDs. But some research is better than others. Bittman emphasizes that we need to support government-funded — not industry-funded — studies. By removing corporations (or eclipsing their findings), we can find out how we should really take action.

3. GMOs aren’t that important

Despite being the popular object of vitriol, GMOs aren’t that bad. They aren’t linked to cancer or other health concerns. They aren’t dangerous. Meanwhile, this hatred of an acronym distracts us from real concerns such as antibiotics. They’re in chickens, cows, and lots of other livestock. Antibiotics leech into water sources, are ingested, and spawn radical bugs that cannot be killed. They’re awful and need to be done away with.

4. Transparency is vital for choice

Industrial agriculture companies constantly fight against labeling foods to enhance greater transparency. From calories of meals to GMO-free designations, they fight labeling because it cuts into profits. When people are made aware of what they’re ingesting, they make wiser choices and buy other products. To be able to “choose” healthier options, people must know what they’re buying first.

5. Local influences global

What Bittman excels at is framing food in a systemic perspective. Food is about socioeconomic status, race, culture, geographic location, and much more. It’s not just what’s for dinner. The choices we make today are influenced by the advertisements of yesteryears. One of the greatest changes we can make today is supporting more local options. Buy nearby crops, go to farmers markets, and support your neighbors. These choices will reduce climate change, likely be healthier, and make for more vibrant communities. Additionally, the hope is that local change affects national and international policy. We have to start small and build out.

I highly recommend you check out Mark Bittman’s recent book, How to Cook Everything Fast, for fun, frugal recipes that don’t take long to make!

Filed Under: Save Money, Social Justice Tagged With: Agriculture, Budgets, Calories, eating, Food, Frugal, GMOs, Mark Bittman, minimal, Organic, Systemic

Frugal Articles of the Week

By Frugaling 2 Comments

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Reading Nook Photo

Every week I like to feature a few frugal articles that caught my eyes. Curl up in your favorite reading nook and enjoy. Hopefully these encourage you to live frugal lives!

Where the poor and rich really spend their money by Max Ehrenfreund
As the gap in income and wealth widens between the rich and poor, clear patterns in spending behaviors have emerged. Noticeably, the poor are far more likely to spend income on housing as a percentage, when compared to middle and higher income groups. The effects on eating habits can also be massive, as “the poor and the middle class all spend about 19 percent their grocery budget on fruits and vegetables, about 22 percent on meats, and about 13 percent on breads and cereals.”

Gravity Payments CEO Will Live on $70,000 Worker Wage, Thinks His Life Will Be Luxe Enough by Susanna Kim
Dan Price isn’t like many CEOs. His internal compass seems to point him towards spending, owning, and making less money. Despite being the CEO of a successful credit processing company, he decided to take a large salary cut to model strong leadership. Price makes it clear that he doesn’t want overpaid CEOs to take his place someday, while jeopardizing regular employee’s positions. What a model for the entire corporate sector.

ALDI Is A Growing Menace To America’s Grocery Retailers by The Hartman Group
ALDI’s stores serve a different clientele and follow a unique business model. The market places food palettes in the center or aisles, they don’t usually take credit transactions, and often have only one brand to choose from. ALDI’s is also the parent company for Trader Joe’s. All of these factors combine into healthy savings for shoppers.

How to plan for retirement by Joshua Fields Millburn
Joshua tackles an important money issue for many: saving enough for retirement. He takes all his experience with simplicity and minimalism, and bundles it into a helpful guide for the masses. The important variable that he doesn’t acknowledge, unfortunately, is that how-to guides don’t apply to everyone. Retirement savings can frequently be a luxury in a world bogged down by student loan debt. Either way, Joshua offers some sound tips for starting your nest egg!

Filed Under: Save Money Tagged With: Aldi, articles, CEO, Frugal, groceries, Pay, Retirement, Salary, The Minimalists, week

Be Your Own Brand Ambassador, Not Someone Else’s

By Frugaling 13 Comments

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Buy things you don't need with money you don't have to impress

Please don’t make me wear the banana costume

My first job was for a smoothie company. I worked that summer selling overpriced juices of all sorts. One day they asked me to put on the infamous banana costume. I could immediately feel my face redden with embarrassment. I dreaded the outfit, and couldn’t understand why the company dressed employees like this and traipsed them out into the blazing summer heat to give away samples.

I was a lowly employee and only 16-years-old. I pretended to embrace the outfit and marched out the doors. I walked along the sidewalk, as passersby laughed and mocked me. It was the height of my acne days, too. My was face reddened and cracked from medications. The banana outfit framed my puberty perfectly. Then, a friend from high school strolled on by and took a picture of me. I was mortified.

A logo was emblazoned onto the banana costume, along with the polo shirt I wore underneath. The smoothie company owned space on my body, and I hated it.

Brand ambassador programs pay you to promote

When I entered college, I noticed numerous job opportunities to become a “brand ambassador.” These positions afforded students a little spending money to promote companies on campus. Marketing realized a simple idea: peers sell product better than television and Internet ads. If you can buy the peers, you have explosive earnings potential.

Both Amazon and Apple, for example, have brand ambassador programs. Oftentimes, their students are required to hold campus events, meet with administrators, and directly appeal to students on campus. They’re are expected to wear merchandise to represent the brand, use the hardware, and promote the products every chance they get.

These people get paid to use and advertise products they would already love! Then, companies benefit from greater revenue and influence on campus. It’s a win-win for companies and ambassadors.

Many of us market for free

Most of us are brand ambassadors for free; in fact, we pay companies to advertise for them. The bitten Apple logo beams brightly throughout many classrooms these days. It cost me thousands of dollars for the pleasure to share that brand.

People casually display their affinity, and few notice what they’re doing. Sperry Topsiders are paired with Ralph Lauren shorts and a Lacoste polo shirt. It’s easily a $300 look that feels like a walking billboard for spendthrift teens and college students.

iPhones are close at hand, and the iconic white headphones are jammed into ear canals. The world is dampened, but our senses are constantly exposed to others’ purchases. Ugg boots used to be everywhere — they’ve been replaced by Hunter rain boots. Both have well-positioned logos at the heel. Anybody walking behind them could see what they should buy next.

In wealthier places — whether college campuses or metropolitan areas — products are meant to be aspirational. Companies work tirelessly to frame their wares as synonymous with success. To wear and promote a brand is meant to be special — only afforded to the few.

Diesel, Armani Exchange, Coach, Gucci, and countless others are made “cool” by a society that accepts and loves brand ambassadorship. We just can’t help it! We’ve been socialized to appreciate the “unique” — logos just help us buy them faster.

Shed the logos and brands

I don’t want to be a walking billboard anymore. I don’t want people to ask me what brand I’m wearing. I don’t want people to be inspired by what I wear, and buy similar. Strangely enough, I’m also wired to feel flattered by their interest. Quite a conundrum.

Over the last couple years, I cleared out my closet of many aspirational and brand name clothing with gigantic logos. I don’t want to be someone else’s brand ambassador — especially without a regular paycheck. I want to be my own brand ambassador.

I want you to get to know me — the person within the clothes. I want you to meet me, not a terrifyingly large logo of a horse carrying a polo stick. More importantly, I want to see who you are. So, cover up the logos, rid your closet of excess brand stamps, and find your own look.

Filed Under: Minimalism, Save Money Tagged With: Amazon, ambassador, Apple, brands, buying, Consumerism, iPhones, logos, Wealth

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