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The World’s Greatest $1 Ice Cream Sandwich

2013-06-15_08-05-33_101There’s a lot of wonderful stuff $1 can still buy you these days.  Sure a solitary dollar bill won’t get you into a movie theater or a gallon of gas anymore, but it can still afford you some of the worlds greatest luxuries, like a cold and tasty ice cream sandwich.  I’m not one to buy sugary, unhealthy snacks too often, but let me tell you how $1 bought me the world’s greatest ice cream sandwich after hiking 40 miles of the Appalachian Trail.

My first Trip To The Great Smokey Mountains

We’d been on the trail for 4 days hiking up and down magnificent tree-coated mountains having a grand old time.  I don’t know if I’ve ever had a better vacation experience.  I hung out with some cool family members, got an amazing workout, learned a lot about backpacking, and explored the hundreds of individual ecosystems that exist within the Smokey mountains.

Hiking food tastes pretty ok, but it’s never quite as good as cooking in a real kitchen.  For breakfast we’d make oatmeal and coffee, lunch was pitas and peanut butter, and dinners were some sort of noodle dish that always tasted 70% like what it was supposed to taste like.  The snacks were mostly jerky and of course trail mix with plenty of chocolate. I made sure that we carried enough food, which always made for a good reward each evening.

I guess the one aspect I wasn’t quite prepared for was the exhaustion.  10 miles doesn’t sound like all that far to walk on flat ground, but lugging a pack up thousands of feet, and then back down a few times a day really starts to wear on your muscles.  I’ve done plenty of endurance races (marathons, triathlons, mud races), but they never lasted 12 hours+.  It was grueling while I was at the bottom of the mountain looking up, but you can’t beat the pride of having taken in on and come out victorious.

The Last Day

Anyway, the last day, we had to descend about 3,000 feet over 12 miles, which actually sounded pretty easy compared the previous day’s hike.  It sounded easy, that is, until it started down pouring.  Maybe it’s because I don’t spend most of my time outdoors, but I guess I don’t get totally soaked to the core too often.  The skies opened up and it really felt like being in a shower.  Even with all my rain gear, I got unbelievably wet.  Although it did stop raining once for us to see the most amazing view from a rocky outcropping.

By the time we made it down to the bottom of the trail, my pack weighed about 30% more and I was ready to finish up.  The trail then took us about a mile along a road, and then to finish up we walked across Fontana Dam (which is worth seeing on it’s own…  It’s gigantic!).  As soon as I stepped onto the Dam, the rain cleared away and the sun came out as we made our way to our car.  And that’s when I spotted the worlds greatest $1 ice cream sandwich.

The Dam visitor center sold postcards, tee shirts, and pre-made $1 ice cream.  We each selected one, stripped off our soaking, stinking clothing, and bit into ice cream sandwiches as the warm sun warmed our bodies.  We must have looked a little odd to all the Dam tourists that wondered by, but it ranks among the greatest desserts I’ve ever experienced.

Challenging Yourself Is Always Worth It

That’s the great thing about challenging yourself, and accomplishing meaty goals.  It makes the rest of life that much sweeter when you succeed.  Most Americans have decided the opposite.  They sit in their air conditioned homes, drive their luxury vehicles, and eat massive amounts of unhealthy delicacies each day.  The point I’m trying to make is that sometimes it’s worth doing something the old fashioned way just to appreciate what we’ve already got.  Because if you can’t take extreme pleasure in something as simple as a $1 ice cream sandwich, I think it’s time to reexamine your priorities.

What do you appreciate more after a challenge? How do you reward yourself after a victory?

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A Cash Rebel Recap

Camping1

I’m guest posting on Reach Financial Independence today, so go check it out!

Welcome friends!  If you haven’t heard already, I’m heading to the Appalachian Trail for a grand week-long adventure starting this Thursday. I’m rather excited since I’ve never done anything quite like it. I’ve checked all my gear a few times with knowledgeable friends and the staff of REI (4 times), and it seems like I’m ready to go.

As you might imagine, my ability to post about of personal finance, financial independence, and focused frugality will be quite diminished. So to tide you over until I get back, I figured I’d put together a list of my favorite posts on Cash Rebel to date. I’ve been writing 3 to 4 posts a week since October 2012, so there’s quite a bit to sift through.  Here’s to hoping I’m able to avoid bears and mountain lions this trip!

Are you taking a summer vacation this year? What’s your favorite camping experience? Can Bears really smell fear?

My Most Popular Posts

Or should I say, posts that begin with H?

My Favorite Posts

Check out my About page to hear my story, and take a look at my goals to see what I’m striving for and how I’m doing.

Thanks for stopping by!

34 Comments

Irrational Consumers and Electric Vehicles

2013-06-08_18-18-12_866When a local community organizer asked me to give a presentation about electric vehicles at a community forum, I was a little taken aback.  Seeing it as an awesome opportunity to work on my public speaking and presentation skills, I jumped on the opportunity.  The only problem was that I don’t actually know all that much about electric vehicles.  I don’t own one and the only reason I know anything at all about them is because I worked on an EV charger project at work.  But I guess that made me knowledgeable enough to teach the community.

So I worked on my presentation, did a tiny bit of research, and figured I’d just kind of go up there and wing it.  There were a bunch of other presenters before I went on, and they taught me a ton about EVs (did you know the first EVs were made in the 1880′s?!).  Anyway, I gave my shpeel, answered some questions, and that was that.  It turned out that I know more than I thought, and the audience seemed to enjoy my presentation.  I even got a laugh when I asked weather we should call a plurality of Nissan’s electric vehicles “Leafs” or “Leaves”.

After the forum, I got to talking with J, a Nissan Leaf sales guy, about how he goes about selling EVs.  I always find it quite productive talking to sales guys, because my mind works the complete opposite way.  It turns out that I’d be an awful salesman, because I always approach things from the rational perspective.  I want to make the case to sell a particular product because it will make your life better and save you money, but that’s not actually how sales works.

Saving Money On EV Charging

J reinforced the fact that sales is all about emotion, not rationality.  It’s all about appealing to people’s deepest desires or fears, and leaving the economic analysis out of it.  So here’s an example of how irrational consumers are, and what really motivates them to buy a car.

A little background: In the Chicago area, you can call the utility and request that they put you on a real time pricing plan (for free).  This means that instead of paying $0.08/kwh all the time, you pay the wholesale price of power depending on the time of day.  It’s way cheaper for the utility to provide you power at night and on the weekends because there’s not much demand, so you can save a bunch of money by switching to this rate structure if you use a lot of power at night (on average, people save about 15% over the flat rate).  If you have an electric vehicle, most likely you’ll be charging it at night when power is cheap, so it makes a lot of sense to switch to real time pricing.  You will almost certainly save more than 15% on energy costs.

That being said, I asked J the sales guy if being able to charge their vehicles for almost nothing with real time pricing (sometimes they’ll actually pay you to take electricity at night) ever tipped the pros/cons scales when customers were considering an electric vehicle vs a conventional car.

J’s answer: “Absolutely not, it’s never factored into the decision, and the consumers that end up buying an EV don’t care enough to switch to real time pricing.”

My response: “jigga-what?!??? They are leaving money on the table!”

Selling To Irrational Consumers

J explained that most consumers think with their heart and not their brain.  Mostly, people that buy electric vehicles only do it because it feels like the right thing to do and they want a badge of environmentalism to show to the world.  If you’ve already made your mind up to buy a new car, in an EV actually could be the best financial choice especially once you factor in federal rebates, state rebates, and real time pricing, but that’s not what potential owners are worried about at all.  They only care about the perception, and owning the next coolest gadget.

And that’s why J will always be a better salesman than me.  Because I would sit down with potential customers and draw the graphs and charts to show them how much money they’d be saving, and they’d probably get intimidated and walk out.  So the moral of the story is, it’s important to know what motivates your customers, because saving money doesn’t actually matter to folks as much as I thought it did.

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Street Festivals and Wrap Up #11

Any native Chicagoan will tell you that the best time of year is the summer.  Everyone is outside having fun, exercising, and seeing the sites.  All the plants are blooming, the El drivers are in a better mood, and there are street festivals every weekend.

Street festivals are a great opportunity to take a break from the usual pressures of life and relax a little bit.  They shut down large sections of pretty important streets so pedestrians can wander from booth to booth looking for beer, food, arts and crafts, or enchanting outdoor music.  I attended two street festivals this weekend that made me glad to be a Chicagoan.

I hit up Rib Fest up in my neighborhood and the Printer’s Row Literature Fair down in the business district.  Rib Fest was quite expensive.  It cost $5 just to get in and then a quarter slab of ribs cost $6.  By splitting with a few friends, we were able to try a number of different rib and limit the damage to our wallets.  The Literature Fair is a great place for anyone who likes books.  There were a bunch of book sellers there, writing classes, and even some live music.  This one was free to the public and I highly recommend it if you happen to be in town next June.

Here’s who mentioned Cash Rebel this week

Posts that rocked my socks off (time for sandals anyway)

  • Jacob at CashCowCouple wrote the best review of Betterment I’ve seen to date.  He laid out the pros and the cons clearly and concisely.  The biggest con is that it’s cheaper to just learn how to invest with low cost index funds.  Betterment isn’t taking a huge amount, but something is more than nothing.  This is the only review I’ve seen that mentions the downsides along with all the obvious positives.
  • Anna at AreYaGonnaEatThat wrote an emotional post about how running can help you deal with loss.  Go check it out if you haven’t already.
  • BrokeMillenial wrote an impassioned post about trying to get other Millenials to understand the magic of compounding interest.  I can’t believe that my friends don’t understand it, so I know where she’s coming from.
  • jlconllinsnh put together one of the best game plans ever for a recent graduate.  It outlines everything you need to do with your money and your life for the first 10 years out of school.  It’s pretty much the cliff notes version of his entire blog.

Have a wonderful week folks!  FYI: After Wednesday I’ll be hiking the Appalachian Trail for a week, quite removed from technology, so my posts and comments will screech to a halt for a while.

18 Comments

My Commuting Survival Gear

BootsLately my mile long commute to the train station has been getting a little less challenging and quite a bit more enjoyable.  Each morning and evening I walk down a tree lined road on the north side of Chicago to start my day and it’s just a great time to be outside.  I don’t need a coat anymore, and it just seems like the sun is always shining.

It’s a wonderful morning and evening ritual that I’ve come to love.  I walk a mile to the train, and then ride the train out to the suburb where I work.  It helps with my walking goal, and I’m able to listen to great podcasts, and I’m able to get a lot of reading/blog commenting done while on the train.  Sure it takes a little bit longer to get to work than if I just gave up and drove, but it’s a commute I’ve come to truly enjoy even when the weather isn’t so perfect (plus it’s way cheaper than driving).

And today, I’d like to talk about getting through the public transit commute on days that aren’t so picturesque.  Like when there’s a foot of snow on the ground, it’s 100 degrees at 6AM , or when the monsoon style rains flood the highways.  I will say that crazy weather like this doesn’t actually happen that often, so most of my commutes have been uneventful and pleasant, but weather disasters happen every once in a while.  I’ve had to acquire some important commuting survival gear over the past few years, so I’d like to share with you how much it costs to effectively protect yourself against all elements and get to work in one piece.

Rugged Backpack – $90

I’d argue that the backpack is the most important and versatile weapon in your armory.  I tried commuting for a few weeks without this amazing pack, and the results were horrendous.  Brief cases and large messenger bags just aren’t great for walking longer distances.  They swing around, make one side of your body sore, and don’t actually fit that much stuff.  Sure they look great, but they’re no match for a well made backpack.

Sure, my backpack cost quite a bit, but I’ve used it on literally every commute for the last two  years and it’s still good as new.  It’s waterproof, has all kind of compartments, a nice little pouch for my computer, and it even tighten-able straps that hug right to your body.  It’s even got little hip straps that fold out if you’re having a really tough day.

Warm Parka – $100

I can’t say enough about needing a well made warm parka.  I was able to pick up Columbia parka on the clearance rack at Marshalls last year and it’s been invaluable.  There are just so many days when it’s under 40 degrees at 6 AM.  There’s nothing worse than getting a quarter of a mile into your walk and realizing that your coat isn’t warm enough.  Trust me, it’ll ruin your whole day.

Sturdy Umbrella/Raincoat – $8 to $90

Although I think rain gear is important, if the rain gods want to soak you, a little $8 piece of plastic aint gonna stop them… That being said, for the light to moderate rain days, an umbrella or raincoat should work just fine.  I’ve got both that I whip out at any time.

I don’t go anywhere without my $8 umbrella in my backpack.  I’ve just been caught one too many times without it.  But I only whip out my raincoat when it’s warm out, and the rain is supposed to be terrential.  This is where it starts to get expensive.  My raincoat cost me about $60 (it’s a good one for hiking), and it’s quite good quality.  Cheap raincoats don’t breath very well, so you’ll get a little hot inside.  It’s the most uncomfortable feeling in the world when you are getting soaked on the outside, but your raincoat is baking you on the inside.  It’s like there’s no way out.

Commuting Boots – $120

I’m glad I didn’t skimp on boots.  I got this pair when I went on my Grand Canyon adventure last year.  They’ve served me well in all manner of conditions.  For commuting, I typically only  wear them in heavy rain or deep snow, but they’re a necessity.  I’ve been caught a few times in tennis shoes in heavy rain, and my socks got soaked and stayed wet the whole day.  It was absolutely worth the investment for a good quality pair of boots that fit you well.

Insulated Coffee Mug – $30

I’ve talked about my insulated coffee mug before.  It keeps coffee piping hot for hours even in the sub-zero temperatures.  It seals tightly so it doesn’t spill a drop when you throw it in your bag.  It’s just an amazing feeling to take a sip of gloriously hot coffee after a mile hike through the snow.

Smartphone/Book – Free

Well you gotta have something to play your podcasts while you’re walking, and something to read once you hit the train.  Having these little devices increases my satisfaction with my commute about 1,000%.  I’d say Google Reader and my podcast app are certainly my most accessed apps.  It also gives me a good opportunity to check the morning’s emails and respond to anything that’s urgent before I actually get to the office.

Although I do advise bringing a library book with you on public transit, you’ve got to be careful about weight.  I’ve actually put down books at the library that are too large.  There are enough good books that won’t weigh you down that it’s not worth checking out the heavy ones, trust me.  I guess another solution would be a Kindle or a Nook, but I haven’t gone that route yet.

 Is there any commuting gear you’ve got that I didn’t list?  What could you not do your commute without?

30 Comments

May 2013 Goals Update

Today I’m doing a guest post over at Evolving Personal Finance.  It’s all about losing my funding during graduate school and how I dealt with it.  Go check it out and say hi to Emily while you’re there!

Alright team, it’s time for another goals recap to see how it’s going five twelfths of the way through the year.  It’s flying by faster than ever and it looks like I’m kicking ass on most of my goals!
May 2013 Goals

Percent Saved – 72% pass

My percent saved fluctuates wildly because I only pay for rent every two months or so.  My roommate and I have a sweet little google doc where we track all shared expenses like rent, utilities, and internet.  It’s got a running total at the top, and if it says that she owes me more than half of rent, then she’ll pay for rent two months in a row to balance it out.  It’s super convenient because we never have to actually write each other checks.

Anyway,  This was one of those months where all I paid for were food, utilities, vehicle and transit fees, and some camping gear for my upcoming trip.  Man, I’d reach financial independence WAY quicker if I didn’t have to pay for housing, haha.  I’m thinking that next month will show a pretty low savings % because I’ll be paying two months worth of rent, but we shall see.

The other income bump I got was that I was paid 3 times in May.  You gotta love that sneaky third payment that pumps up your savings rate every 5 or 6 months.

Net Worth – $59,000 pass

I’ve got a net worth goal of $70,000 by the end of 2013.  Seeing as I started the year at $44,000, I’m more than 55% of the way there!  It’s a combination of the crazy bull market has made me a few thousand dollars richer, the raise I got a few months back, and a renewed commitment to living far below my means.

I know $60,000 isn’t a giant net worth, but the rate at which it’s growing constantly surprises me  (something like $2,500/month!).  I really might have a net worth of over $100,000 by the end of 2014 :) .  Once I cross that 6 figure threshold I feel like compounding interest will really start to take hold and make a big difference.

Average Steps/Day – 10,424

I’ve kind of slacked off on my average steps/day.  I’m still beating my goal of 10,000 steps/day (which is recommended by the US Surgeon General), but I wasn’t able to keep up my awesome April personal record.  Although I always strive for the 10,000 steps, if I ever drive to work it’s tougher to accomplish.  I’ll get up out of my chair and walk around the building a few times, but I still end the day at about 6,000 if I don’t take an extra walk.

Today I worked from home, but instead of taking it easy and relaxing, I went for a run in the morning, walked to the grocery store at lunch, and moseyed out to some nearby shops to find my brother a birthday present.  And wa-la, I’m already over 12,000 steps for the day!

Miles Driven/Month – 280 miles

I did quite well not driving much this month.  I think the summer months are way easier to not drive anywhere because everyone just wants to be outside.  The other day a few friends and I went out for pizza and then headed back to my place to watch some Arrested Development.  I was able to convince the group to walk the 1.5 miles instead of drive.  everyone loved the walk, and I was successful in secretly making them a little more frugal!  I love doing that!

Number of Posts – 14

My goal is to post at least 12 articles each month.  That comes out to about 3 a week.  As long as I’m in the ballpark I’m not too worried about it.  I’m really focusing on writing longer, meatier, and more researched posts, which doesn’t actually reflect well in my number of posts metric, but that’s ok.  I’ve also recently committed to doing a few guest posts.  I suppose I’ll count those towards my goal as well.

I hit a pretty big milestone in May.  I completed my 100th post as well as broke the 200,000 Alexa barrier to complete the Yakezie challenge.  So overall things are going well in my life, and with CashRebel.

Do you track your goals.  What did you accomplish in May? Any new ambitious goals for the rest of 2013?

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What Do You Actually Want?

House1

Sitting around a bonfire with close friends always seems to bring up deep conversations about life, romance, and our careers.  The other night, 2 friends I’ve known since high school and I were sitting around the fire, trying to keep it going even though we were running out of logs.  The conversation turned, as it always does, to our short careers, and what the future might hold.

R recently got a double promotion when a head hunter recruited her away from one young tech company to a second better paying tech company.  She got a huge salary bump (like >30%) and it sounds like she really enjoys her new responsibilities.  I couldn’t be happier for her since she’s probably the smartest friend I’ve got, and she always remembers my birthday even when I forget hers.

Then she got a little deeper.  She started voicing her concerns about why she was working.  We all agreed, it’s cool and all to get promotions and bonuses, but that’s not really what life is about.  She started talking about how we should be measuring happiness and not dollars, that it’d be a fools errand to just chase promotions all your life.  (A sentiment I whole heartedly agree with)

Then she asked the question that’s been bothering me for a few days now.  ”So, what do you actually want?  I mean besides money?”.  It was a more basic question of why I’m working in the first place, and where it’s all going.  I realized that I didn’t have a great answer.  It’s not really a question that comes up too often, but it’s an important one to ask from time to time.

My Career

It will come as no surprise that I want to make a difference in the world by fighting for clean energy.  I also want to earn, save, and invest enough to afford early retirement sometime in my 30′s.  So far it seems that these two career goals are actually pretty compatible.

Up until now I’ve been thinking that I should stick with my current job, since it fulfills both criteria.  But really I should always be trying to maximize my salary regardless of where I work, as long as I’m doing an fulfilling job that will also help me fight the good environmental fight.  It’s refreshing to admit that, because it means that I probably should start at available positions outside my company.  Being loyal to my employer won’t necessarily help me get what I want, and that’s important to realize.

How I live

My main goals are to lead a long, happy, sustainable life, and here’s how I hope to do it (in no particular order).

  • Live in a walk-able neighborhood where I can walk or bike to work
  • Give my time and money to charitable organizations
  • Be a responsible member of the community
  • Eat healthfully and exercise religiously
  • Only buy what I need and will make me the happiest
  • Get some time in nature every few days

My main takeaway is that I’d really like my next job, or my next apartment to be quite close to where I work.  Currently I commute 1.5 hrs each way out of the city to the suburbs.  It’s a crazy commute that I’ve been able to live with because it’s on a train instead of getting stuck in traffic on the highways.  Living close to my job would let me walk to work, have more time for charity and the community, and keep me healthier.  It’d really be a win-win all around.

Family and Friends

I want to always stay close with my family whether I live down the street or across the country.  They’ve always been supportive of me, and we meet up every chance we get.  They are an eclectic bunch(myself included), but we always seem to nerd out doing something fun.

I’ve got some wonderful friends in Chicago, and it’s important to me to keep growing those relationships.  I want to be able to lend a hand whenever they need help or just want someone to laugh with.  The other thing that’s important to me is that I stay relatively near them so we can hang out on a regular basis.  That means moving to the suburbs to be closer to my job wouldn’t fit into my values.

I want a dog… I really, really do.  I’ve talked about getting one ever since the dog we had growing up died last year, but I haven’t done anything about it.  I currently live in an apartment that doesn’t allow dogs, and I just resigned the lease for another year (woops).  That means that I can’t get a dog until at least June 1 2014, but I’m deciding here and now that it’s going to happen.

What Should I Change?

Before my friend R asked me that deep question by the bonfire that night, I thought I was doing exactly what I wanted to do with my life.  But I’ve since realized that there’s a few changes I’d really like to make.  I’d love to find a new job, still doing what I love, just within walking to where I live.  And I want to move to an apartment that allows dogs, and go rescue one from the pound on June 2nd, 2014.

I certainly don’t mean to complain about my life, because it truly is awesome how it is.  I’m growing my net worth and having fun every day.  I just wanted to share how reflecting on my values and looking at what doesn’t fit has cleared up my next moves to optimize my happiness and get exactly what I want out of life.

What do you actually want beyond money?  What do you need to change to make that happen?  

23 Comments

I’m Obsessed With Saving Energy

It would be quite an understatement to claim that I just like saving energy.  I don’t like saving energy, I fucking live for it!  I get a kick out of saving energy at home, I love telling my friends how to reduce their electric bills, and I make a living by profitably reducing my company’s energy consumption.

Here’s a few recent examples of how my passion for energy efficiency is seeping through to my friends and coworkers

  • I was riding with a friend to softball practice last night and I taught her that you should shut your windows and turn on the AC if you’re going more than 55 mpg (thank you Myth Busters).
  • My coworkers are always the first to turn off the lights as we leave a conference room, because I’ve conditioned them to do it by shaming them if they forget.
  • A coworker came over to me to ask why her electric bill was $200 last month.  She left with a check-list of efficiency projects for her house.
  • I convinced a friend to take public transit to work instead of driving because it was cheaper and better for the soul.

So it’s clear that I care about this stuff a little too much, but how have all my tips and tricks actually affected my energy consumption compared to the average Chicagoan?  Well I’m glad you asked, because there’s a cool Chicago company called CNT Energy (Center for Neighborhood Technologies) which published a report about the energy consumption by the average Chicago area family.  This includes electricity and natural gas consumption, as well as vehicle travel.  It’s a great way to benchmark myself against my neighbors, and see how well I’m really doing.

My Tiny Electric Bill

Last month I accomplished a new feat.  May was my lowest electricity bill ever at 121 kwh for $21.64 (45% of it was just the customer charge!).  It was a “shoulder month” where I didn’t really having any need for heating or cooling, so my HVAC system remained off for the most part.  But I was still there the whole much using lights, electronics, and kitchen appliances, so I’m still pretty proud of myself.

So then I got to thinking, how does my electricity consumption compare to other households in my region?  Just for transparency, I have a roommate, so I’d say that we qualify as a “household”.  Depending on where you live it doesn’t always make sense to compare yourself to the national average, but the CNT report actually breaks out the data by county.  Hint: Cook county is mostly made up of Chicago, so it’s pretty urban.

My electricity consumption for the past 12 months is 2,204 kwh.  That’s 72% less electricity than the average Cook county resident, and it’s even better compared to the other, more suburban counties.

That's how I role!

That’s how I role!

For some tips on lowering your electricity bill check out the posts I’ve written about lighting and energy, and investing in thermostats, or drop me a line at CashRebel0@Gmail.com and I’d be excited to help!

Natural Gas

So then I figured I might as well check in and see how I compared on natural gas consumption.  I actually pay more for natural gas throughout the year than I do for electricity (about $35/mo for NG vs $30/mo for electric).  My main use of natural gas is in my furnace  and I do have to disclose that I don’t pay for hot water because my apartment building has a boiler in the basement.

But at 166 Therms of natural gas per year, I’m using 85% less natural gas than the average Chicagoan.  Now that’s just ridiculous.

I like efficiency a little too much...

I like efficiency a little too much…

Part of it is the reason it’s so low is that I don’t pay for hot water, but but mostly it’s because I’m in a quite efficient apartment building without a ton of cracks for the heat to leak out of.  I get excess heat from my downstairs neighbors and I give excess heat to my upstairs neighbors.  It’s a pretty symbiotic relationship, at least in the winter…

Driving Is For Losers

And finally, my least favorite of all energy wastes, driving.   A few years ago I was driving somewhere between 15,000 and 25,000 miles per year because I was commuting a crazy distance to work every day through soul-crushing traffic.  Not only was it draining my happiness, it was wasting gobs and gobs of gasoline, a finite and precious resource.

For 2013, my goal is to drive 6,000 miles, but I’m actually on track to drive about 4,400 miles in the whole year.  We’ll see how it goes, but it’s a hell of a lot better than a few years ago.  Check out how that compares to the average household in the Chicago region.  Granted, the average household might be driving 2 cars, but myself and my roommate are two people and we only have 1 car between us.

It looks like the average driving mileage per year in Chicago is 14,000 miles, and around 24,000 miles in the suburbs.  That means that  if I stay on track with the first four months of the year, I’ll drive 68% less than the average Chicagoan, and 82% less than the suburbs!

VMT

What’s Next?

That’s a good question.  It’s probably not especially worth my time getting even more fuel efficient.  I’d just see a diminishing return on my efforts.

so I’ve decided to help other people  lower their energy costs.  I’ve done a couple of energy audits at my family’s houses, and now I’m going to do an audit of a coworkers house.  She asked me to do it after I started talking to her about her massive bill.  I don’t really think energy auditing will become a viable side hustle, but we’ll see how it goes.  I might be able to bring  in a few hundred dollars a month extra if I got good at it, but for now I’m treating it as a hobby.

How much energy do you use compared to your region?  Do you have any questions about your electricity bill or your energy consumption?

*All graphs are from the CNT report I referenced earlier.

 

 

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Being Part Of The In-Crowd Gets Expensive

In-CrowdIt might not be too hard to imagine that I wasn’t exactly the most popular kid in high school.  What with my love of spreadsheets, finance, and reading, I was never really part of the popular crowd.  That’s not to say I didn’t have great friends, and experience all kinds of fun high school shenanigans, just that the popular kids never paid much attention to me.  And that was fine with me.

Throughout college, I identified my introverted-ness as a disease that needed to be cured.  I signed up for clubs, organizations, runs, events, and I joined a fraternity in the hope that I’d get better at talking to people and become a little bit more normal.  These experiences taught me some new social skills and gave me an outlet to learn how to get along with anyone.  So by the time I graduated from college, I felt comfortable in all manner of social situations, and I was able to get along with any clique whether it be the nerds, the stoners, or the jocks.

On the plus side, I now have a great time when I go out with all kinds of friends, but being part of the in-crowd can get pretty expensive.

Playing Politics

Today, I want to talk about the new clique I unwittingly joined at work, and the effect it’s having on my finances.  When I was first hired by my company, I was a little naive about my coworker’s maturity levels.  I figured that I’d finally reached a place where your social status didn’t matter so much.  A place where if you kept your head down and worked hard, you’d be rewarded.

That did prove to be generally true.  If you just wanted to do your job, you could do it well and go home.  That’s how my first year went, and really I was just trying to figure out where I fit in the company, so I wasn’t asking for anything more than that.  But now I see that if you want to move up, you need to play politics.  There are secret cliques of varying degrees of exclusiveness at all levels of the company.  I’d like to say that I’ve totally ignored this type of biased social interaction that I thought we left for the high schoolers, but apparently it’s alive and well in corporate America…

The New Crew

A few months ago, I started chatting more and more with a coworker named L.  We make each other laugh so we enjoyed talking about the absurdities of the cubicle farm we spend 9 hrs/day in.  Eventually L invited me out to lunch with a few other coworkers.  We went to a Mexican place with awesome salsa and I was pleased to see that my favorite coworkers were all there, without the mean ones (which I did think was strange because we all tend to go to lunch together).

So after we started chomping on the homemade tortilla chips, L informed me that I was now part of her crew, and that there were some ground rules if I wanted to remain part of the group.  I started laughing but nobody else thought it was funny.

  • You can’t invite anyone to lunch who’s not in the crew
  • Only L can invite new people to join
  • If you reject a lunch invitation 2 times in a row, you’re out of the crew
  • Everyone in the crew helps each other out at work

Like I mentioned earlier, I’ve never really been privy to how the in-crowd actually functioned in high-school, so I was surprised that there were formal rules.  I didn’t know they actively kept undesirable members out.  Anyway, I accepted the rules and we moved on to some tasty fish tacos.

I’ve since been out with this group a number of times, and it’s easy to see how having a connected and trustworthy network is incredibly important at a large company.  They’ve been able to open a few doors and teach me some interesting tidbits about what’s really going on in our section of the company.  I feel better informed about the potential re-organization that’s coming, and I know where I stand.  They’re gossip has proven to be pretty spot on so far.

Popularity Has It’s Price

Most days, I bring left overs for lunch and eat them after I spend some time down at the gym.  It’s a great way to stay fit and frugal, but it doesn’t leave much time for socializing.  Now that I’m part of the crew, I’m going out to lunch more often which can obviously get pretty pricey.  Now I’m a fan of going out once every 2 weeks, but this group wants to go out more often.

Including tip, I’d say the average price when we go out is about $13.  That’s not awful for eating out, but it’s a hell of a lot more expensive than free!  I’m afraid to reject the lunch invitations (see crew rule number 3), but I’m also don’t want to develop an expensive eating out habit.  I guess I’m rationalizing this whole crew thing because it has proven to give me an edge up in terms of what’s happening at work, and it’s a ton of fun hanging out with everyone.

So I’ve got two questions for the readers.  Should I leave the crew because it’s too much like a high school clique?  And Is membership in this crew worth $13-$26 per week?  I’m interested to hear your feedback because I’m so inexperienced with workplace politics.

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Frugal Camping and Wrap Up #10

A sweet log-throne we found in the forest

A sweet log-throne we found in the forest

For the second weekend in a row, I’ve returned to my apartment exhausted, filthy, and supremely happy.  Last weekend, I took on a 12 miles obstacle course called the Tough Mudder with some friends, and this weekend I went camping at Big Foot Beach State Park up in Wisconsin.  Contrary to popular belief, they don’t get too many sasquatch’s wandering by this time of year.

As you may know, I’m planning on hiking 30 miles of the Appalachian Trail next month, and I’ve got little to no experience.  So this trip up to Wisconsin to camp was a trial run, so here’s what I was able to test out.

  • Tent – it works, and it can just barely fit 3 people!
  • Sleeping bag – it’s the new mummy type which scrunches down to about the size of a loaf of bread, but is warm down to 21 degrees (Technology these days!).
  • Fire Starting Skills – I’ll give myself a B.  Without paper for kindling I’m not sure how to do it, but once I got my hands on a little paper, the fire roared to life.
  • Cooking – We grilled some peppers, potatoes, and onions and it turned out great.
  • Hiking Boots – I bought these boots before my Grand Canyon trip last year.  They still fit like a glove and felt great on the hiking I did this weekend.

I was surprised by how cheap it is to camp these days.  We had to pay $10 for a car sticker, $14 for the camp site, $35 for food, $6 for wood, and then half a tank of gas to get there and back.  Divided by the three of us that went camping, that’s $28/person for an awesome camping adventure.  I guess I figured camping came with a bunch of hidden fees, but it seems like once you’ve got your gear, it’s a reasonably frugal hobby.

Of course you can take it to the extreme and bring in one of those monster camping houses on wheels if you really don’t want to experience the outdoors…  I’m sure that gets mighty expensive right-quick, but I don’t quite see the appeal personally.

Anyway, after showering, I feel about 6X cleaner, and I’m ready to relax.  I’d be surprised if I stay up past 6PM tonight…  But here’s an update from the world of PF blogging.

CashRebel Highlights

My Favorite Posts This Week

  •  Pauline at RFI recapped her journey to completing her little house in Guatemala.  It’s an inspiring look at following your dreams, and how your dreams can evolve over time.
  • In honor for Arrested Development launching on Netflix this weekend (SO EXCITED!), David at Money Under 30 explained the 10 things AR taught us about money.  I’m going to try to not watch all of the episodes this weekend… we’ll see.
  • Michelle at Making Sense of Cents wrote a fascinating post about following the money or her passion.  Good luck with whatever you choose!
  • I literally giggled out loud when I read Broke Millennial’s post about her company’s 401k match inspring child-like wonder.  To us Millennials, it’s truly a beautiful thing!

PS – I think I found my favorite wacky search term ever this week “Buying a car for bananas”… Good luck with that.