• A Tale of Two Electronics

    by  • November 10, 2011

    Gadgets

    Electronics are cool. Except when they break.

    image: aaltonen

    In the past month I’ve had bad luck with electronics. Last week Her was using her computer to look up some stuff, and then turned to me and uttered those dreaded words, “I think that the internet is down.” If you’re a home networking amateur like myself, you know that finding the problem of the internet outage is equavalent to taking the Mensa exam. Is it the router? Is it the modem? Is it the network settings? It it only the wireless connection? Is it the ISP?

    Fortunately, it didn’t take too long to find out what was wrong: the wireless bridge (Dlink DAP-1522) was not working. After whacking it a few times and plugging it into different outlets, the thing would not start up.

    Begrudgingly I bought another new one online for $70 after seeing nothing equivalent on Craigslist or eBay. While I was waiting for it to arrive I read that someone else had the same problem and that it was because of a faulty power supply. When the new wireless bridge arrived, I grabbed the power supply, plugged it into the old wireless bridge and, lo and behold, it was the power supply after all. A quick search on eBay resulted in me finding and purchasing a $7 power supply replacement; the “new” wireless bridge is now on its way back to the retailer. It’s a nice feeling to be able to salvage an old, working piece of electronics for 10% of the new purchase price.

    My second problem with electronics didn’t go so well. I’ve had a nicely specced, refurbished iMac in use for almost the past 3 years. I never powered down the machine, but it did go to sleep after a few minutes of inactivity. One day I went to wake it up from its slumber, but I got nothing. I tried holding down the power button. Nothing. I unplugged all of the peripheral devices hooked up to it and then tried the power button. Nothing. I begged it to wake up. Nothing.

    Oh no.

    I took the poor iMac to nearest shop and awaited their $29 diagnosis. I then received a call that no Mac owner wants to hear: the logic board is dead. The cost to replace was going to be $859, labor included. There’s no way I’m going to fix a 3 year old computer for that much money. I opted to have them salvage the hard drive for $99.

    The irony of this situation is that if I had purchased AppleCare, I would have had about a month remaining until it ran out. I bought a MacBook a few months ago, and will be purchasing AppleCare for that.

    How do you deal when your electronics break? Buy new ones? Go without? Let us know in the comments.

    Reached Your Deductible? Maximize Healthcare Expenses Before the New Year

    by  • November 4, 2011 • Tagged: , ,

    pills

    This sorta looks like my pillbox. Sorta.

    image:  Dvortygirl

    Due to an unfortunate stint in the emergency room this past summer, I single-handedly hit our health insurance deductible for the year. You know what that means? FREE STUFF!

    (well, not for my employer or the other people who are paying in this insurance plan, but I digress…)

    A few days ago I had my regular checkup with my psychiatrist who is managing the medication regimen that I use for depression. I’m pretty frank with my psychiatrist about money matters, so I always ask what’s the best way to get my money’s worth so that I can maximize my HSA dollars. I was down to my last few pills and was prescribed a 30 day supply of the medication (Wellbutrin, if you’re curious). My psychiatrist told me to fill my prescription ASAP so that I could get a “free” refill before the end of the year. How does that work, you ask?

    My insurance company will allow most prescriptions to be refilled every 28 days (or whenever there should be about 90% remaining). By filling my prescription before tomorrow (November 5), I will be able to refill my prescription twice for “free” (remember I hit my deductible for the year) since there are two 28-day intervals before January 1; the last dates that I’d be able to refill are December 3 and 31. If I refilled my prescription every 30 days starting November 5, I will have to refill my prescription on December 5 and January 2. In that scenario, the second time I refill my prescription would be in 2012, so I would have to pay out-of-pocket (minus the insurance discount). By refilling my prescription a little early, I’ll be getting my January allotment of pills for “free” since I will be refilling the prescription this calendar year.

    If you’ve hit your healthcare insurance deductible for this year, try to maximize your healthcare expenses before the year is up. You could potentially save a lot of money.

    Can Teenagers Afford to Go Crusin’ For Fun Anymore?

    by  • October 28, 2011 • Tagged: , ,

    Probably doesn't get very good gas mileage.

    Probably doesn't get very good gas mileage.

    image: mikebaird 

    I remember going to the gas station with my mom when I was a little wee lad. She’d give me $5 and I’d go tell the cashier, “Five bucks on pump three.” (on occasion she’d give me $10 and would also tell me to get $5 of lotto tickets, but that’s another post…) And that $5 of gas would last the week. Oh the days of yore.

    When I was a teenager one of the activities that I loved to do the most was to get in my (or my friends’) car, pick a direction, and drive. However, back when I was teenager I could fill up my crappy 80′s Japanese sports car’s gas tank for $10. Since I had a decent job, filling up the tank was no problem – friends usually pitched in as well. We had some epic drives, all starting from Chicagoland area, and ending up in Wisconsin, Indiana, or some very rural part of Illinois.

    A few days ago I filled up my early 2000′s Japanese compact car’s gas tank for $44.27. (Yay Chicago for having the highest gas prices in the nation.) There’s no way that the teenage me would be able to afford $45 of gas every week, or even every 2 weeks. Well, I probably could have afforded it but I wouldn’t have any money left over for other recreational activities. I got to wondering, do teenagers go out and just drive anymore? If not, that really sucks because it was such an enjoyable part of my teenage life.

    Do you have teenager kids or know of any? What are they doing if not driving around aimlessly?

     

    Does Our Baby Need an Airplane Ticket?

    by  • October 25, 2011

    Please remain seated when the seat belt sign is on.

    Please remain seated when the seat belt sign is on.

    image: sbamueller 

    In a few weeks, Her, the little one, and I will be traveling to see relatives over the Thanksgiving holiday. Of course that means getting on an airplane with a baby. Back in the days of DINK I remember giving dirty looks and being annoyed at the parents of a screaming child. Now I’m on the receiving end of the collective passengers’ ire. Fun.

    One of the decisions we had to make when booking this flight is whether we would purchase a plane ticket for our baby. According to the FAA, infants (less than 2 years old) do not need a plane ticket and may ride in an adult’s lap for the duration of the flight. So is it worth is to save a few hundred bucks and have our child sit in our lap?

    For us, NO WAY. According to the American Academy of Pediatrics, the safest way for an infant to travel is to be strapped in to a rear-facing, FAA-approved car seat for the flight. There are some inconveniences to purchasing a ticket and placing your baby in a car seat during a flight: price of the ticket, lugging around a 20 pound car seat around the airport, getting the seat to and from the airport, setting up the seat in the plane, etc. But for us, we think that the peace of mind of having our kid traveling in the safest way possible outweighs any downside. It sure beats having to hold a squirmy kid for a few hours; the seat also helps the baby sleep throughout the flight, much to the appreciation of our fellow passengers. I’ve heard some anecdotes of kids who are thrown about the cabin due to some rough turbulence, and also of children who survived plane crashes because they were in a car seat. I’d rather be prepared.

    Have you had to fly with an infant? Did you purchase a plane ticket for your baby or not? How was your experience?

    Optimize Your Employment

    by  • October 18, 2011 • Tagged: ,

    Engineering Department employees, 1962

    Back in the day, TPS reports weren't a big deal.

    image: Seattle Municipal Archives 

    In my 7 years of working for the man, I’ve more than doubled my income from $40,000/year to $81,000/year. It hasn’t been easy, and there’s some things that I would have done differently. Here’s a few thoughts on what has worked for me through the years, and what I wish I had done.

    • Results, Not Effort – If you’re at work from 9am to 9pm everyday and you’re still at the bottom of the totem pole, it’s probably you, not them. Your boss wants you to have the best answer, not a sob story of how hard you tried for a mediocre answer. Corollary: improving your workflow and efficiency is good to help you get to the best results, but is not necessarily an accomplishment itself. Remember, you want to be doing things that will ultimately look good on your resume: “Developed process to shuffle papers faster” is okay, but “Developed process to shuffle papers faster, leading to a 1000% increase in bling” is much, much better.
    • Improve Yourself – If your employer offers a stipend for you to take classes, you should take it. I’ve taken a few classes which has allowed me to add more fancy credentials to my name on my business card.  Even if the stipend doesn’t completely cover the costs, it’s probably a pretty good deal. I’ve dished out up to $300 out of my own pocket after I used up the stipend to take come classes – it’s paid off in dividends so far. I’ve become the expert in areas in which my company previously had weaknesses, making me look very valuable to my employer.
    • Don’t Hoard Information - Being the only one to know how to do a specific task or process can be stifling. You may think that you’re in a good position since no one else can do your work. However, you’ll quickly find yourself doing ONLY that task, which can prevent further growth in your career. I became the Excel and PowerPoint guy at my company for a little while and I got frustrated at all of the questions that I would be getting. I was, in essence, solving their problems, and helping them get good results, instead of focusing on my own work. After a while I decided to write up a cheat sheet and get some good resources for the office. I gained the goodwill of my co-workers, looked good to my employer, and got people to stop bothering me.
    • Sign Up for Retirement Plan and Contribute 10% RIGHT AWAY – A few years ago I struggled with choosing between paying down debt or increasing my retirement contribution. In hindsight, I made the wrong choice and focused on debt reduction. If I had known that my income would have doubled, I would have contributed 10% to my SIMPLE IRA instead of 3% to get the match. As my income went up, I would have had more cash to pay off debt. The instant that you’re eligible, sign up for your employer-sponsored retirement plan and contribute at least 10%.  This is easy if you can do this as soon as you begin employment as you won’t even know that the money is being taken out.
    • Participate in Office Politics – I hate that I’m even saying this, but the fact is that intra-company networking can be instrumental in getting a promotion or a raise. I’m not suggesting that you back stab or undermine (but it does seem to work for some people), but at the very least get chummy with those who are in the know. That little bit of knowledge may give you leverage to put yourself in a better position.
    Are you climbing the corporate ladder? Have you been a rock star at your job? Tell us how you did it in the comments.

    Working for The Man Makes Me Happy

    by  • October 13, 2011 • Tagged:   • Comments

    image: Tim Patterson I’ve been working at an office job for the past seven years. I’ve been commuting to the same place, day after day, to complete tasks given to me by my superiors. Sucks, right? HELL NO. I love it. (what now?) Sometime in the past few years of personal finance blogging, it has ... Read more →

    The Cost of Charlie Work

    by  • September 29, 2011 • Tagged: , ,  • Comments

    We’re big fans of It’s Always Sunny in Philadelphia. That show does wonders for turning our brains off after a day of work and being a parent. In the show, Charlie tends to get stuck with the duties and chores that no one else wants, ie, Charlie Work. Since we’ve had a baby, we definitely ... Read more →

    Happy Family of Renters

    by  • September 26, 2011 • Tagged:   • Comments

    image: Number Six (bill lapp) While in the past year much has changed, you know with the baby and all, much has stayed the same. Yes, we’re still renters, baby and all. Remember that unbelievable rent increase of $8 that we faced in 2008? Since then, our rent has not increased ONE PENNY. Yes, in a ... Read more →

    And Baby Makes Three – Yes, We Procreated

    by  • September 21, 2011 • Tagged: ,  • Comments

    image: xkcd So all that non-posting in the past year? Yeah, we were busy having a baby and stuff. Did you realize how much time ONE measly baby takes? What the hell, baby. Also, as it turns out, ONE measly baby also tends to be pretty expensive. It is quite the transformation to turn our ... Read more →

    Saving on Gas

    by  • September 14, 2011 • Tagged: ,  • Comments

    image: xkcd These days Her and I drive much, much more than we used to, for reasons that I’ll explain in a later post. Of course that means that we’re saddled with high costs at the gas pump. We’re having to fill up about once a week, and with gas prices being the highest in ... Read more →

    Hello WordPress, Goodbye Movable Type

    by  • September 12, 2011 • Tagged: ,  • Comments

    This past month I’ve worked to transfer the blog over from Moveable Type to WordPress. The process was a little difficult, but I think I’ve managed to smooth out most of the bugs. I’ve already noticed that the site is slow compared with how it was, but I’ll continue to fix that. Let me know ... Read more →

    Yeah, Some Changes Around Here

    by  • September 1, 2010  • Comments

    So you’ve probably noticed that there was a sponsored post yesterday. The decision to run that wasn’t made lightly. We literally get hundreds of requests to do this type of thing, mostly from companies that we’ve never heard of or whom we wouldn’t want to do business with. When we originally received the email propsal, ... Read more →

    To Love, Honor and Financially Obliterate

    by  • July 15, 2010 • Tagged: , , , , ,  • Comments

    (photo: lionheartphotography) “A lot of people wonder how you know you’re in love. Just ask yourself this one question: ‘Would I mind being financially destroyed by this person?’” I first came across that quote hanging on my friend John’s fridge, soon after he started dating fellow friend Fahmi. Since Fahmi was on the verge of ... Read more →

    My Life is Expensive to Insure

    by  • July 13, 2010 • Tagged: ,  • Comments

    (photo: The Doctr) Way back in the day when we were just newlyweds (or 18 months ago if you prefer), we came up with a list of things that we thought would be good to do since we’re now married. Surprisingly enough we managed to accomplish most of those things on the list. One task ... Read more →

    Should you insure Fluffy and Spot?

    by  • July 8, 2010 • Tagged:   • Comments

    photo: theogeo When I posted a few weeks back about my cat’s sudden spate of vet bills, several people responded with questions about pet insurance. Is it worth it? Rarely. Here’s why. Matthew Amster-Burton just posted an excellent column at Mint explaining why some types of insurance are worth carrying and most aren’t. The short ... Read more →

    Money and power

    by  • June 29, 2010 • Tagged: , , ,  • Comments

    photo: angusf Personal finance blogger Eilene Zimmerman had a post recently that really intrigued me: How Money Can Hurt Your Marriage. Eilene hits right on the head a thing that has always played, subconsciously, into my own relationship dynamics: the way finances become a power tool. Eilene’s then-partner significantly out-earned her. "One of the biggest ... Read more →

    Credit Card Conundrum

    by  • June 17, 2010 • Tagged: ,  • Comments

    photo: Andres Rueda Over the past few months I’ve chosen to close a few credit card accounts. I think that in each case, the card carriers were going to start charging an annual fee unless we started using the card. The most recent example was my Citibank card, as they wanted us to spend at ... Read more →

    Love for sale, please bring $$$$

    by  • June 14, 2010 • Tagged: ,  • Comments

    photo: David Dyte My cat broke. Expensively. It started when we noticed that his front teeth were noticeably protruding, more so than usual. "Let’s nickname him Fang," I suggested. "Have you had a vet look at that!?" my more observant and empathetic friend asked a few days later. Kea was about six months overdue for ... Read more →

    Financial inversions

    by  • May 26, 2010 • Tagged: , ,  • Comments

    photo: alykat I’ve always had a pretty laisser-faire approach to calculating "my share" of financial transactions with friends and family. It stems from my previously mentioned commie streak — instead of allocating shares of bills dead equally, I’m inclined to let the person of the most means shoulder a larger share. Throughout most of my ... Read more →

    Financial Doppelganger

    by  • May 25, 2010 • Tagged: , ,  • Comments

    original photo: Photos8.com, modified in compliance with its Creative Commons License On last night’s season finale of How I Met Your Mother, we’re reminded that almost all of the gang has seen his or her corresponsing doppelganger roaming the streets of New York, except for one (Barney, of course, for all of the HIMYM fans ... Read more →

    Follow Us, Win Money

    by  • May 20, 2010 • Tagged: , ,  • Comments

    We at Make Love, Not Debt have distrusted social media for a little while now. We’ve only personally embraced it in the last year or so and finally have wrapped our brains around the whole thing. And now we love it. Over the past few weeks I’ve added the oh-so-ubiquitous sharing buttons found on everyone’s ... Read more →

    Taking a Break from Monogamy

    by  • May 19, 2010 • Tagged: ,  • Comments

    photo: TheTruthAbout… It started, like all dalliances do, because I was having problems with my partner. My needs weren’t being met. My list of little dissatisfactions was growing longer — an irritation there, an annoyance there, and suddenly my eye started wandering off toward other options. Then Charles showed up. "Talk to me," he campaigned. ... Read more →

    The Price of Darkness

    by  • May 18, 2010 • Tagged: ,  • Comments

    photo: Gustavo Minas When Her and I first moved into our modest apartment, we bought some room-darkening pull-down shades to cover our windows. Back then we didn’t have a lot of money to spend on window treatments so we cheaped out and bought some low-quality stuff. Fast-forward five years and the shades are cracked and ... Read more →