Tuesday, February 21, 2012

I'm giving up stress for Lent

I'm a confession regular. As a Catholic, I never really thought of confession as a burdensome requirement. For me, it's free therapy.

Yesterday, a dear priest and friend heard me recite my standard list of sins which always seems to include being "short" with my family. I figured for Lent I would give up yelling and losing my temper. Sounded easy enough, until my trusted confidant reminded me that if it was that easy I would've done it long ago. I had to get to the root of WHY I am losing my cool so easily.

Stress. Taking on too much. Not making time for myself.

What?! "Making time for myself"? Where does the Bible say I get to do that? I thought my job as a mother and wife and a good Catholic revolved around self sacrafice and unconditional giving.

Then he reminded me of the many times that Christ went away to pray....and be alone. He allowed me to accept that I have nothing to offer if my own well is empty. What good am I to my family if I am physically present but mentally spent? I need to give myself permission to make my well being a priority for the benefit of them.

The other problem is that I've never been very good at stress relief. I have one gear: overdrive. There is only one activity I have ever found that I enjoy, is relaxing and that I have not turned into an obsession. Yoga.

Yes, yoga is going to cost money (need to adjust that budget already). Yes, it will eat into the free time I otherwise would've spent with my kids (yelling at them to clean up their room). However, despite all the reasons not to do it, my husband's "yes" seemed a little too enthusiastic when I suggested it.

While it may hardly sound like a sacrafice, this Lent I will be the lotus, warrior and downward facing dog that my family deserves.

Friday, February 17, 2012

Food or Free Time?

Cooking is a love of mine. I probably don't cook the same meal more than 2 times a year. This equates to an expensive food bill and a lot of wasted food (how many recipes do you know that call for garam masala? If you need any, I have a whole jar minus a tsp of it.).

The kids seem tired of being recipe guinea pigs.

More than half of our weekends are spent on food purchase and preparation.

Over time, this hobby of mine has slowly escalated to a level of priority that it doesn't deserve.

I'm taking back my weekends. We're going to try meal planning. I've read about this idea on other blogs (moneysavingmom.com, heavenlyhomemakers.com, passionatehomemaking.com) many times but felt that it was nutritionally lacking or just plain boring. Then I read this book called Simplicity Parenting that outlined the pros of meal planning that outweighed my cons. While we all know kids thrive on predicitablility in the home, I never really equated it to what was served at mealtime. I equated it to when and how we ate, but not what we ate.

So we're giving it a whirl. Each day has a general dinner category. Ours will be:

Ethnic Food
Pizza (homemade)
Leftovers/Eating Out

Then I, along with suggestions from other family members, will create 6 weeks worth of dinner menus. Breakfast and lunch will be the same every week. I will also make a master weekly ingredient list for each week to help simplify grocery shopping, and save money by loading up on regularly used items when they hit rock bottom prices.

As for my cooking hobby, this will give me the opportunity to "perfect" the recipes in the meal plan by making them more often. It also will allow me to focus a little more on efficiency by using meals I can make in bulk and freeze.

A project in improving efficiency?! Sign me up!

Monday, February 13, 2012

Missing Money Monday-Part 2

Don’t you ever wonder what other people’s household budgets look like? It’s not exactly coveting as much as it is curiosity. Did you know that the average family of 4 in America is living on about $64,000/year? We live in an 1,800 SF house (with a 20% down payment) and at that income, I don’t think we could make the mortgage payment, heat the house and feed everyone. I truly sit in wonderment for those who do it. Clearly, I’ve got a lot to learn.

My husband and I debated on going completely “open kimono” with our budget for the sake of instruction, accountability and transparency on this blog post, but my company has rules against revealing my income, so instead, I’m going to reveal our budgeted expenses as percentages of income. Yours will not be the same, nor should it be. Budgets are a reflection of personal priorities and unique family circumstances. Our priority right now is to save for retirement (15% +) and start saving for college while slowly ramping up charitable giving.

Notice I did not suggest drafting it in stone. This is not the 10 commandments, this is your life. Resist the Type A urge to be inflexible. After only a few weeks living with this budget, we realized that some categories are running a bit short and some expenses weren’t budgeted at all (one time retreats, tax preparations fees). We set up a contingency line to cover these types of expenses while we refine the budget. Two items that are not reflected in the budget, but are accounted for are school tuition and a full year’s worth of car insurance (we only have one car). Those items are paid for out of my annual bonus. Every year, we just pray that it comes. On the other hand, should we experience a windfall, it will go toward home repairs. We live in a 75 year old house. There is no such thing as a minor repair or remodel.

Also not reflected is our already funded 9 month emergency reserve. If you don’t have one of these set up, make it a priority. This account is the reason I sleep at night. Not only will this cover us for awhile in case of an unforeseen layoff or medical emergency, it also is a moral escape hatch should I ever find myself being asked at work to do anything I find significantly reprehensible (my friend calls it her “FU” account).

So here is our preliminary budget:
401k 8.0%
Train fare 1.1%
Medical Insurance 1.8%
H.S.A. 2.1%
Taxes out of paycheck 19.8%
Life Insurance 1%
Lifetime Fitness 0.1%
Mortgage (incl. insurance and taxes) 17.5%
Charitable Giving 2.2%
Gas 0.5%
Electric 0.9%
Phone-Internet 0.3%
Phone-Cell 0.9%
Water 0.4%
XM 0.2%
Garbage 0.2%
Gasoline (car) 3.6%
Dog 0.5%
Lessons 1.3%
Food 6.3%
House Supplies & Toiletries 0.9%
Housecleaning 1.7%
Babysitting 0.2%
Haircuts 0.5%
Car Maintenance 0.9%
Gifts 1.3%
Dry Cleaning 0.1%
Recreation & Eating Out 1.8%
Contingency 1.3%
IRA 7.2%
Kids College 5.4%
Home Care Fund 2.7%
Vacation Fund 1.1%
Car Fund 3.6%

Next week I'll reveal what we are doing to stay ON budget.

Thursday, February 9, 2012

Budding Historian or Hippy?

Elliott recently had a family heritage project for school (yes, another school project) where he was asked to interview his grandparents about our family tree and any memorable family stories. In true big-sister, alpha-dog style, Bella has hijacked the project. She has always loved all things “hippy” (ok, not ALL things, just the G-rated stuff.) but only recently is maturing enough to really understand the era of the Vietnam War. One story from my mom struck a chord with Bella.

She told the story about a POW bracelet that is stored in one of her infamous “memorabilia” Rubbermaid tubs in the storage closet. For those of you pre-Vietnam, there were bracelets you could get that had the name of an actual prisoner of war on them. The idea was that you were supposed to wear the bracelet until the POW returned home (love this story of a woman who has been wearing hers for 40 years). One day, my grandmother was watching the nightly news where they were talking about some of the POWs that had been returned to the US. One name sounded familiar. Sure enough, my mother could take off her bracelet.

“How cool would it be to send the bracelet to the soldier?” suggested my husband this morning over coffee. Seeing as the bracelet is not ours to give, Bella mentioned it might be nice just to send a letter that, at the very least, let him know that his years of service were not forgotten. With the Internet, a few keystrokes may very well pop up a way to contact this former POW...or his family in the even that he has passed away.

My fear is that it will bring up memories that he has long since tried to bury. My hope is that he has worked past the scars of war and is now enjoying his own grandchildren or living out whatever dream may have played over in his mind while he served our country so bravely.

What started as a trendy fashion piece has now translated into a story of war, politics, suffering and rescue two generations later. It is a tangible piece of history. The question is whether this history should be left as our family story, or shared with another.