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My Black Friday strategy

November 21, 2012 by Jana 6 Comments

A good friend of mine asked me to go shopping with her this Friday. At the outlets. At the beach. In Delaware (where we live. No sales tax). I thought about it for awhile before I said yes (and had confirmation that we aren’t going to get there at the asscrack of dawn). I considered a number of pros: my in-laws live about 30 minutes from the outlets, my friend is willing to meet me in between the stores and my in-laws’ home so I don’t have to drive the whole distance and it’s a day I get to spend with friends.

And about a million other people. So there’s that.

But I’m willing to get over that because, although I hate crowds, it will be nice to get out of my in-laws’ house for a few hours and do some outlet shopping. It’ll give me a chance to pick up not only some desperately needed household items but some Hanukkah and Christmas presents with no one in my family breathing down my neck, screaming “I’m hungry” or “Are we done yet”.

I’m kind of looking forward to that part.

What I’m not looking forward to are the temptations that I know will be in abundance. Outlet prices are tempting enough but when you couple them with Black Friday sales, they’re pretty ridiculous. I know myself and I know that I have to approach my shopping expedition with a strategy for a) getting what I need; b) surviving the crowds without contemplating homicide or assault; and c) not spending all my money in one day. So, I’ve spent some time and thought about how I’m going to handle Black Friday:

  1. Adhere to a cash budget. I know how exactly how much money I have to spend on every member of my family. I have to stick to that budget pretty tightly because now that we’re a one income family (well, technically one and a half but my next part-time paycheck is going towards a new mattress). In order to do that, I’m only bringing cash and I’m putting the cash in envelopes marked for each person. I can’t be trusted with a credit card and my debit card also presents a danger. So, cash it is.
  2. Stick to my list. Like Santa, I made a list and I’m checking it twice. Only instead of finding out whose naughty or nice, my list will tell what I need to buy. And since I need to stick to my budget, that also means I need to stick to my list. It doesn’t matter if I see something cute or awesome; if it’s not on the list, it’s not getting bought (unless I’ve purchased everything else and still have money left over. Then we can negotiate).
  3. Repeat this mantra: A deal isn’t a deal if it’s something I don’t need. If I find something that’s a fantastic, once in a lifetime price and it happens to be on an item I don’t need and can’t afford, it’s not a deal. It’ll break my budget, make me veer from my list and, while I’ll probably have an initial high from finding such as sweet deal, I know that I’ll wind up with buyer’s remorse. And that? Is a surefire way to ruin this kind of shopping trip.
  4. Resist the influence of others. George Thoroughgood drinks alone. I shop alone. I’m horrible at letting others’ opinions interfere with my common sense. I’m weak at times and get talked into making frivolous purchases or going over budget (you know those statements “don’t worry about it? It’s only $5?” Well, they add up. Figuratively and literally). I have to stand strong and not let that happen. No matter how good of an argument my friends might make.
  5. Avoid certain stores. There are certain stores that, no matter how hard I try, I will not be able to walk out of without buying things (why, yes, Bath and Body Works, I am talking to you).  There are some stores, like Kate Spade and Coach where I can window shop with no problems (because I can’t afford most of the items) but the other ones, nope. No way. They take all my money. All self-control  I have gets left at the door. To combat that, I will adamantly refuse to set foot in those stores unless I have budgeted money for them. Which, now that I think about it, is probably a good idea.

And as far as Cyber Monday? I’m avoiding that madness as much as possible. Except for the things I have to order online and for those, I’ve already planned and budgeted. It’s much easier for me to control myself on Cyber Monday than on a Black Friday trip to the outlets.

This is the first year I’m going shopping on Black Friday. If all goes well, I might consider doing it again. If not, I’ll just revert to my old plan—finishing up shopping before Thanksgiving even starts.

Readers, if you’re going shopping on Black Friday, how do you plan on keeping your spending in check? 

Filed Under: money tips, shopping

My financial distractability list

May 24, 2012 by Jana 12 Comments

One of the issues I’m working on in therapy is learning to manage my anxiety. My anxiety attacks are moderate to severe, especially when it pertains to work, and can be quite crippling. What a normal person would be able to manage with a few calming breaths turns into a full blown freak out session,  where I cry, yell, panic, and become so frustrated with myself and the situation that I actually can’t do anything. It takes a substantial amount of time for me to knock that anxiety down to a manageable level and by the time I’ve calmed down, I’m just depressed and angry at myself and the fact that I can manage stress like a rational person.

It’s a horrible, vicious cycle.

Managing these episodes is a challenge. Especially since I really don’t want to use medication. But I’ve learned that I can manage my anxiety attacks a lot better if I make a behavioral change. For instance, a few days ago I was trying to figure out why I cannot get blog posts to show up on Daily Money Shot’s FaceBook page (and I still can’t). The more I tried, the more I couldn’t do it. Which led to an anxiety attack ending with me throwing a pen and screaming a bunch of expletives to no one in particular and quitting blogging forever (note: pretty much anything can trigger one of these delightful episodes). It was definitely a party at my house that day.

In the midst of my shaking and hyperventilating and screaming and being completely ready to set my computer on fire, it occurred to me that maybe it was a good idea to walk away from my office for a little while. So I did that. I walked away. I made myself lunch and took the dogs for a walk. By the time that was done, I was able to think like a rational person and focus on the problem at hand instead of flipping out about everything under the sun and threatening to quit blogging (though there probably are some people who wish that would happen).

[Read more…]

Filed Under: money tips, savings, shopping

Money for nothing

November 21, 2011 by Jana 14 Comments

Back when we hit our financial low point, our grocery budget was $30 for every two, sometimes 3 weeks, for the two of us. It was during this time that I learned how to cook on a very strict budget and the cookbook Cheap. Fast. Good. was our saving grace. That $30 budget made me really appreciate the day our grocery budget hit $100 per week.

When I first started shopping with $100 each week, I felt rich! The first time I walked into the supermarket with that much money in my wallet, I didn’t know what do to with myself. It was as on odd feeling to be able to walk down the aisles and the perimeter of the store with the ability to buy extras and stop looking wistfully at items like Sabra hummus or Ben and Jerry’s ice cream or pomegranates. Even with that money, I still shopped sales, bought generics as much as possible but it was weird (and almost unsettling) to have that much money to buy food each and every week. I had longed for the day of being able to shop with more than $30 and here it was!

One of the side effects of our increased budget was having more treats in our diets (this happened mostly due to my newfound love of baking pretty much any sweet you can imagine). Another side effect was buying things like cheese and fish (the two reasons I will never be vegan). We were finally able to start building a small stockpile of staples like rice, pasta, canned tomatoes, and beans. More fresh fruits and vegetables found their way into our fridge. I was such a wonderful feeling to expand our menu plans and have a few more choices. We started sailing along on our $100 budget with no problems.

Until recently. I’d been reading a lot in the news lately about the increasing cost of food, the incredible shrinking food packages but it wasn’t something that I had really noticed. I figured the cost increase was mainly on foods that I didn’t eat. But recently, I’ve noticed the huge spike in seasonal produce. I’ve noticed that the jars of peanut butter don’t have the same amount of services or if the servings are the same, the price is much higher. I’ve noticed that the sales aren’t as good as they used to be, or happen as frequently as they used to. Our $100 budget isn’t going nearly as far as it used to. Sometimes, I come home from grocery shopping having spent $80, $90 or even the full $100 and I feel like I’ve spent my money for nothing. Like this weekend’s trip:

$80 worth of groceries. So very sad.

It’s frustrating and aggravating to feel like we’ve come so far in our food budget only to feel like we’re taking a step back. So, to combat the increasing prices, and since coupons make me both dizzy and annoyed, I’ve started implementing the following strategies:

  1. Stockpiling on good sales. For instance, our supermarket is having a deal on canned organic beans (I do not like dried beans. I never, ever cook them correctly and they taste atrocious. So I buy canned beans), and they are only one penny more than the store brand. Each week, I’ve been buying a few cans of each kind of beans. This way, when the sales stop and everything is back to their normal price, I don’t need to buy them.
  2. Avoiding prepared foods whenever possible. I try to make as much as I can from scratch but I did have a few cheats–spaghetti sauce, enchilada sauce, Morningstar Farms soy products. As the price of healthy items has been going up, I’ve cut back on all of these considerably and I even make my own spaghetti sauce, pizza sauce, and other sauces from scratch. Also, I’ve been paying much greater attention to ingredients and the vegetarian substitutes are pretty much a pricy chemistry experiment.
  3. Having a very strict shopping list. I usually make a detailed menu plan and shop with a specific list but I had become very lax about picking up items that were not on the list because I could afford them. Not so much any more. If it’s not on the list, it doesn’t go in the wagon. When the husband and the daughter come with me, I have to patrol them very carefully–nonapproved items have a tendency to sneak into the wagon when I’m not looking. One caveat: I keep a tally with the calculator on my phone. If I am very under budget and all necessary items have been purchased, I will allow one or two extras.
  4. Comparison shopping. A few weeks ago, in order to get my food shopping done as efficiently as possible, I went to a supermarket that was on the way to my daughter’s school. Historically, this store has been less expensive to the one I normally use and I was looking forward to the savings. I don’t say this often but I was wrong. Something happened and now this store is exponentially more expensive than my regular one. Needless to say, I will not be shopping at this supermarket on a regular basis.

I know that these are common sense strategies, and ones that are advocated by all smart and savvy grocery shoppers. But I’ve had to remind myself that I need to implement these strategies or I need to increase my grocery budget and compromise on other areas. It’s taken too long to actually have a restaurant budget and a “fun” budget; I don’t want to have to sacrifice those in order to afford my weekly groceries.

What changes have you had to make to deal with rising food prices?

Filed Under: budget, food, shopping

Give me back my Thanksgiving!

November 10, 2011 by Jana 24 Comments

Dear Retailers,

I am not pleased with you. You have taken the Christmas creep way too far. In fact, it is no longer a creep. It is a hijacking.

Let me tell you a little story:

I was going through my Tuesday night routine of watching Glee and folding laundry, happy as could be that my daughter was asleep (well, in bed and quiet), my dogs were not barking and I had the house to myself. I was particularly happy because this was the first episode that featured one of the winners ofThe Glee Project (don’t judge me) AND he had just sang “It Isn’t Easy Being Green” (have I mentioned that I am a fan obsessed with The Muppets? No? I need to address that at some point). Then. It happened.

A freaking Christmas commercial came on! I am not kidding. It was a Christmas commercial from WalMart, and gender stereotypes aside, it was horrific. Halloween just ended not 24 hours before and you’re paying for Christmas advertising?! It’s an atrocity on so many levels. You’ve committed so many offenses from this it’s hard to pick just one. And that is that you’ve now stolen my Thanksgiving.

Yup. I said it. You’ve stolen Thanksgiving from me. And I want it back. In case you’re forgetting what Thanksgiving is—since that’s what you’ve clearly demonstrated based on your advertising and in-store displays—let me remind you that it’s the time of year we’re supposed to sanitize the relationship between the Native Americans and the Pilgrims and celebrate them coming together over turkeys and cornucopias. But it’s more than that. November is supposed to be the time between Halloween and Christmas (and Hanukkah) where we take a moment to actually enjoy our lives and attempt to be thankful for what we have. Which you have now made impossible by assailing us with your nonstop advertising for Black Friday deals and Christmas sales.

You have now made Thanksgiving the gateway holiday to Black Friday. Thanksgiving used to be a holiday unto itself. We would learn the story of Thanksgiving, classrooms would be full of traditional, handmade Thanksgiving projects, and relish in the fact that we got two days off (I still do this, actually). Sadly, Thanksgiving is now lost in the shuffle of its very expensive cousin–Black Friday. No longer do we hear about the wonderfulness of Thanksgiving. Now we are bombarded with Black Friday deals instead. Retailers are rushing us past a day of turkey and stuffing in order to ensure that we’re all aware of their midnight shopping specials. Thanksgiving is now something we need to get through in order to shop.

And how dare you remove all Thanksgiving décor from your stores? It is impossible to walk into a store and find anything even remotely related to Thanksgiving. For years, I have been looking for Thanksgiving decorations–which used to appear in abundance when I was a kid–to put around my house. Now? I can’t find one unless it’s some hideous turkey that looks like it belongs in a horror movie instead of my living room. I want to decorate my house, not scare my pets.

I know, by now you’re thinking that you’re not entirely to blame for hijacking my Thanksgiving. You’re right. TV and radio do hold their share of accountability. Not only because they accept your advertising dollars but because they too have bought (literally) into the Christmas creep. Imagine my disappointment when The Grinch Who Stole Christmas was running on November 5th? Really, November 5th? What’s next—showing A Christmas Story on Veteran’s Day? And please don’t get me started on the radio stations that are playing Christmas music 24/7 starting the day after Thanksgiving (in fact, where  I live, I think some might have started that already).

But mainly, retailers, I blame you. You have stolen Thanksgiving from me and everyone else. I do understand that you may be wondering where my anger towards you is coming from. After all, I should understand that you’re just business trying to make money in a depressed economy, right? Wrong. I think that’s bullshit. And I’ve been patient with you up until now. But I’m done.

I want my Thanksgiving back! And if you can’t help me, I’ll make it happen myself.  I may not be artistic or creative but I can outline my hand on construction paper, glue feathers to it and make a turkey. I can still have my delicious Thanksgiving dinner with my family, even if the dinner doesn’t look like a photo shoot (Martha Stewart, I blame you for this phenomenon). I will refuse to go shopping on Black Friday and Cyber Monday, and even refuse to discuss or promote your sales. I will find a picture of a cornucopia to hang on my wall (thank you, Internet).

You can try to hide Thanksgiving from me. But like a bloodhound, I’ll sniff it out, find it, and bring it back.

Just try to stop me.

 

 

 

 

 

Filed Under: random, shopping Tagged With: holidays

Confession #4: I pay full price

September 15, 2011 by Jana 5 Comments

Make sure you check out confessions 1, 2 and 3 as well.

Confession #4: I pay full price for things.

I know, I know. As a personal finance blogger carrying debt, I shouldn’t be paying full price for anything. It goes against everything that I should be saying. Unfortunately, there are just some things that I like way too much to give up and they are never, ever on sale. Which really is a shame.

I bet you’re wondering what it is I pay full price for. Here the dirty list (please don’t judge me too harshly, though I am expecting a moderate amount of judgment. Because that’s what I’d do):

  • Nail polish. I love nail polish. Particularly Essie and OPI brands. I have an overwhelming amount of bottles because I can’t resist buying them (why? Because I am a sucker for the names of nail polish. In fact, that’s typically how I pick what color I am going to buy. Best name wins). I like these brands because they are less harsh on my nails, they last a bit longer and the colors are just so pretty. Sadly, these brands are never, ever on sale. Oh, yeah. I also have the world’s most amazing top coat that I didn’t buy on sale either.
  • Shampoo. Call me vain but I really like my hair. It’s probably my favorite feature. So I treat is accordingly. I tend to use more expensive brands of shampoo and conditioner in order to take better care of my hair. I don’t mind paying full price for two reasons: 1) I tend to use a smaller amount which makes the product last longer and 2) I like when my hair smells good. You can channel Carly Simon now.
  • Make-up. I buy MAC make-up. I love it, it lasts a long time and it doesn’t make my skin break out. ‘Nuff said.
  • Food. Though I do shop generics and sometimes remember to use coupons, I will pay full price for food, particularly fruits, vegetables, a specific type of bread (Nature’s Valley. Best. Bread. Ever.), Greek yogurt, cheese and organic milk. I will sometimes pay full price for the vegetarian products like Boca, Lightlife and Morningstar Farms but that’s a rare occurrence. I’ve decided that since I do save in other areas of the supermarket, it’s OK to splurge and pay full price in other areas. As long as I’m sticking to my menu plan and my budget, I think it’s acceptable. 
  • Music. This includes everything from songs on iTunes to concert tickets to the radio in my office. Music is a crucial part of my life and, much like Princess Vespa and her industrial strength hair dryer, I can’t live without it. I can relate certain songs to every part of my life and it also provides a nice backdrop to my day. A good song on the radio will make me stop working for a few minutes and clear my head. As a result, I will pay full price for this enjoyment. On a frugal music note, I still use the free Pandora service; I’m not ready to pay for that yet.

This is not to say that I pay full price for everything. All of my Apple products are refurbished. The clearance section at DSW is my favorite. I use coupons and sales for clothes. I use coupons and matinee prices for the movies. I use my government employee discount rate for hotels. I use eBay for toys, winter coats and assorted random items. The library is my favorite place for books. I can go on about the places I save money or don’t pay full price but I’m afraid that would get boring.

I’ve rationalized in my head that paying full price for some things is acceptable because I include it in my budget, I’m not going into debt to do it and honestly, sometimes it just feels good to buy what I want without fretting about the price.

Is there anything you pay full price for?

Filed Under: budget, Confessions, Money, random, shopping

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Jana

I'm Jana ...

A book reading, nail polish wearing, binge watching, music loving, dog owning, reluctant cheer mom.
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