Author: Bill

Frugal Librarian #6: The Latest Dish

- Bill 1 Comment

frugallibrarianSo after a “mandatory” $27 expenditure because it was insisted I MUST eat the Giordano’s stuffed pizza pie, I’m convinced a reasonable knockoff could be fabricated for less money.

Step 1 – Go to the Salvation Army thrift store and get a breadmaker for a couple bucks.  I’m embarassed of this one.  I went there in search of a popcorn popper for my last blog entry, “Magic Beans” Turns out there is a lot of usable stuff there for about zero money.  Lots of ice cream makers too.  Let other people pay full price on newfangled appliances to experiment and you march in there as a lark and snatch them up for two bits.  The dough making alternative is a kitchen mixer with dough hook attachment whose purchase or space usage I cannot justify.  Also, there are people just giving them away as yesterday’s fad.

WARNING: You have to make a conscientious effort to NOT buy anything else at the thrift store, lest you become some kind of disgusting packrat.

Step 2- The doughball. After running your few shillings’ worth of flour, yeast, etc through the “dough cycle” on the bread maker, punch it down in a cake pan.   A quick google search yielded found me this crust recipe.  Cake pan can also be purchased for a few cents at the thrift store.

Step 3-Layer in whatever ingredients you wish and bake for 30 minutes at 375.  The classic recipes tend to suggest mozzerella, sauce, and spinach.  I’m sure pepperoni slices, mushrooms and browned sausage will work.
Hint:  a tube of Bob Evans is less greasy than the ground stuff at your grocery store’s butcher counter

Step 4- Eat this monster every meal for the next few days.

Snark attack

- Bill 1 Comment

snark1David Denby is a man on a moral, ethical mission in Snark: A Polemic in Seven Fits. In it, he seeks to quell “the bad kind of invective — low, teasing, snide, condescending, knowing” he refers to as snark.

This extended essay of a little over 100 pages has a definite academic lean. In it, he defines and traces forms of this disdainful rhetoric over the centuries. Included is a section on the purported origin of the word in Lewis Carroll’s Hunting the Snark, as well as its roots among macho posturing poets and warriors over the ages.

The more poignant examples are culled from the combatants in the last presidential campaign.  A shocking revelation, I know.

Frugal Librarian #5: Magic Beans

- Bill 2 Comments

frugallibrarianThey might as well have mystical powers as much as some folks charge for them. With a little skill, it is possible to get up to five times as much coffee for what you’d pay a certain mega-chain for a vacuum-packed pound. Problem is, you’ve got to get online, buy them green and roast them yourself. This can be, for a knucklehead that shall remain nameless, an extremely smoky and odorous endeavor.

There are lots of people who have modded-up their own roasting rigs, but one of the easiest, most accurate and cost-effective methods is around 6 minutes in the old hot-air popcorn popper you’re currently doubling as a dust-collector.

Reasons to attempt:

-According to some sources, coffee is best within five days of roasting. Shelf brands have been there far longer.
-You can experiment to find your ideal mouthfeel. Go online and pick an African, Asian, or Central American nation of your choice (there are dozens)….each has their own varieties that thrive in their unique in climate, soil, moisture, etc.
-You get the satisfaction of knowing when it turned out halfway well that it occurred of your own caring hand. Might make for an impressive treat or homemade gift?
-You can “enhance” what you’ve done by adding flavoring elements. I’ve found a teaspoon of cinnamon in the drip basket masks mistakes.

Word to the wise…never do it inside, especially not with half a wok full.

Now if you’ll excuse me, I have to step away to enjoy a cupful of fresh-brewed cinders.

Frugal Librarian #4: Refurbs

- Bill 1 Comment

frugallibrarianA lot of people buy new computers at the moment of need. See, that’s what “the man” wants you to do…purchase from an uninformed and vulnerable position. You’ll deal with their markup because you’re brokedown.

It’s not enough to visit more than one brick and mortar store or check out two major chains’ weekly specials. Look into refurbs and save a ridiculous amount of money.

Refurbs are returned goods that have supposedly been restored to good-as-new condition. According to technology consulting firm Accenture, more than 2/3rds of electronics returned to retailers meet manufacturer’s specifications, but simply not the consumer’s expectations. Just because someone else gave up after turning the item on or didn’t like a scuff mark on front, why be picky in the face of huge savings?

Refurbs come in all varieties of electronics, even the highly-touted IPod, and even have refund and return guarantees. Stick with a well-known company, however.

Target – pre-owned electronics
Geeks.com – computers (I got a great computer this fall for $229, shipping included)
Dell Factory outlet
Sony retail outlet
Amazon Warehouse Deals

Frugal Librarian #3: Shopsmart Magazine

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frugallibrarianThis brand new bi-monthly publication from the makers of Consumer Reports magazine has the slogan “no hype, no ads, just great buys.” It looks like the result of a crossbreeding between Consumer Reports, Good Housekeeping, and Hints from Heloise.

For example, there are a lot of luxury items out there where name and branding is everything, since the average John Q. Spender knows nothing about the product and there is ridiculous markup.

shopsmart

When it came to wine, Consumer Reports put their best experts in the lab and tore off the labels. The results is one of the test’s white wine winners costing $5…the Frontrera 2007 from Chile.

Some products also claimed to be bargains or money savers and were junk. Enjoy a list of products to avoid.

Here’s a no-brainer on how to get it…check the latest issue out for free from the Davenport Public Library!

chili(ly) season

- Bill 1 Comment

Puns aside, could you the good reader provide me with a definitive answer as to when chili season begins? I once thought it coincided with flannel and football. I’ve heard it is once temperatures drop below freezing at night.

cheeleeRegardless, we’re clearly mired in the best time of year for the crock pot/stock pot dish. A new book just came out on the subject.

It has infinite possibilities outside the loosely-structured base ingredients. Ever had mushroom chili…white chili? Ever made a pot on Sunday and coasted through the week on the stuff?

While you’re pondering your ingredient list for your next batch, stew (wocka wocka) on these fun chili facts:

1) competition chili does not permit the addition of beans

2) Cedar Rapids, IA has a chili festival every year with hundreds of entries. I’d like a commitment to that as my “Davenport Promise”

Nachos

- Bill 1 Comment

taxesNow that I have your attention, it’s tax season. Hey, don’t kill the messenger.

Davenport Public Library tries to accommodate taxpayers that are e-file friendly, as well as those that need paper forms. For the record, the feds would greatly prefer that you do so electronically. 58% did so last year, resulting in faster filings and quicker returns… according to the IRS.

On the paper side, the Davenport Public library buildings are one of the few places which still distribute tax forms and publications you can use to prepare your return. The post office stopped this service in 2006. Though not a federal agency like the post office, we got a pallet of 50 cases last week. If the form you need is not one of the standard issue we stock in our displays at Main and Fairmount, one of the crack reference staff can help you locate it on the IRS’s labyrinthine site.

Most employers will be giving you your W2’s this month, if they haven’t already. Put it on the corner of your desk, but unlike last year, don’t wait until April 15th.

The Frugal Librarian #2: Mortgage refinancing

- Bill 2 Comments

frugallibrarianIf I could time the market, I’d probably be a millionaire and not working here. Or, living out of a cardboard box because I got cocky. Depends on how you look at it.

But this much I’ve read is certain…refinancing your mortgage can save you a whole bunch of money. The adage is that if a mortgage rate is 1% lower than your current rate, it is advantageous to pay the closing costs (around $1500) to have them rework your loan with the new rate.

With the economy, mortgages are at 37-year-lows. You are going to be hard-pressed to find a more competitive rate at another time. Plus, since the fed cut the short term lending rate yet again, this should move over into the mortgage market in the coming weeks, making things even more interesting.

Only a fool would feel pressured to make such a snap decision, but in the coming weeks this could be a bird in hand for your wallet. It only takes a minute to compute your scenario online. You may very well find that a cut from 6.375% to 4.5% is like someone handing you a couple hundred bucks each month. Yes please.

Here are the rates from some local lenders:

Ascentra Credit Union
IH Mississippi Valley Credit Union
Wells Fargo Bank

The Frugal Librarian #1: Energy Audit

- Bill 3 Comments

Welcome to our first installment of the Frugal Librarian. It is an empirically proven fact that denizens of this profession possess an uncanny sense of value. In turn, they pass that savings on to you, the consumer.

However, while some folks pinch pennies, this guy has actually been known to cut off the circulation to their extremities. This is his story.

frugallibrarianSomeone was saying something the other day about reducing one’s carbon footprint. I went to my happy place spiritually where I pretend I’m paying attention. When I came out of this trance, they were gone, as was their message about conservation. Shame.

While I am a responsible consumer, I am even more motivated by the massive amount of financial green (huh, see witty the play on words??) I can save with the MidAmerican Energy Audit. Here’s what happened. I called MidAmerican and they made an appointment to dispatch a representative to my house. At no cost, this man went from room to room taking measurements. Next words out of his mouth were, “Want some light bulbs?” “Yes sir. Yes sir, I do.” “How about a new shower head?” “Sounds nifty to me.” Make all the jokes you want about how thick one has to be to not be able to screw in a light bulb. Sometimes they don’t UN-screw safely. Does that punitively affect one’s cognitive credit score?

He also calculated that if I spend roughly another 900 dollars to put more blow-in insulation in my attic, MidAmerican will cut me a check for $600. The savings on the heat bill would pay for my portion of that within one year, he calculated, citing that 85% of a building’s heat loss comes from the top.

In under 40 minutes, with a twitch of his nose, off this jolly magic man went into the chill night. “On reasonably-priced economy sedan!” he bellowed. “Merry savings to all, and to all a warm night!”

Oracle of Omaha

- Bill 1 Comment

If anyone could time the market, we’d all be millionaires, right? Well we’re not, but one fairly accurate economic indicator are the words out of the mouth of Warren Buffett. He clearly knows what he’s doing.

So if you suppose you too can buy low and sell high, you don’t need to hand your wallet over to a broker in return for $20 commissions. If you’re interested in cutting your teeth, there are places where you can create small accounts with trade commissions of a few dollars. A great book to learn more is Investing Online for Dummies.

Or, an even lower up-front expense is creating a virtual account at Icarra, Zack’s Simulator, Bullpoo, Marketocracy, Hedgestop, or Investopedia to see how sharp you are with play money first. Then if there is another recession (let’s hope not) you’ll be ready.