Wednesday, January 18, 2023

Bento Boxes and Tracking Food Expenses

This evening, my wife and I bought some bento boxes, so we can take meals with us and avoid buying overpriced, unhealthy convenience food that will make us feel bad afterward. We bought two brightly colored bento boxes for our kids and two black ones for us. We looked for the ones that were reviewed best for being leak-proof.

I've also started tracking our meals. I am going to build three large spreadsheets:

  1. Shopping / ingredient list. This will be a list of items we buy, where we buy them, the size or weight, the common measurement we use it in, and the price for that measurement.
  2. Recipe list. This will be a database of recipes using the ingredients we buy. The goal is to know exactly how much, in our local economy, a recipe costs.
  3. Daily food journal. Aside from recipes which will likely pull in a single value from the recipe database, each item in a meal will be its own row. Recipes will likely pull in a single value from the Recipe list journal. The goal is to find out exactly what are true groceries costs are. I will count the meals when they are made, and not count leftovers. This way I do not have to keep up with who ate how much, how much was thrown in the trash because of picky eaters, and how much went in the fridge, and how much my wife ate two days later for lunch. It will all even out.

Dryer Repair

Several days ago, our dryer stopped heating. In the past, I would call the appliance guy and be done with it, but not now. I researched the issue and tore the dryer apart with my daughter. We determined the heating element's coil was intact, so the problem was either the thermal fuse or higher up the chain. 

(However, we did notice that the venting system was misaligned with a 1/4 inch gap. This was probably leaking lint into the interior of the dryer. In addition to a fire hazard, this likely caused the heating element to break. We vacuumed the inside of the dryer out.)

I called my father-in-law who used to do a lot of appliance repair. He suggested that if the warranty is expired (it was) my best bet is to just purchase a new heating element entirely.

I purchased the heating element for about $95 including shipping. I bought it brand new. I do not skimp on parts for brand-new appliances that I want to preserve. This means I do not buy off-brand parts.

It did not fix the problem. I went back to Google and learned that dryers have two breakers (or in our case, fuses). One cause of a dryer tumbling but not heating is because the fuse powering the heat could have been blown. I checked. It was. I replaced it. The dryer heated.

I asked my father-in-law what I was saving by doing it myself, versus calling some rando appliance guy. His answer: at least $150 in labor, plus parts.

Gains:

  1. Working dryer
  2. Knowledge of dryer
  3. Safer dryer
  4. Approximately $55 saved at minimum (36% savings)
  5. Quality time with daughter

Tuesday, January 10, 2023

First houses of 2023

Today I viewed three houses.

Red Rock Road, Virginia Street, and Plaza Court. 

Red Rock Road was a nice roomy house on 2.7 acres. Lots of potential as a 3 bed 2 bath.

Virginia Street was a foreclosure. Listing agent would not show me the house if I did not have proof of funds. My private lender is out of town right now and can't get me a proof of funds letter. I got another listing agent to show me the house. Some very funky things there, but potential as long as the numbers work.

Plaza Court was sold by the end of the day - yesterday another buyer put in an offer that was accepted. This house was trashed because whoever lived there was a slob, but it was actually the property that would require the least work.

There will be more deals.

I also confirmed with my private lender that he's willing to fund a deal.

I need to read up on rehab costs. I need to run numbers on the other two houses and submit offers. I also need to keep working on other things - good week for real estate in my mind. Perhaps I'll be able to crunch numbers Thursday night with a more experienced friend of mine and then, on Friday, submit offers.

Landlord agreed to allow us to deduct some of our rent money toward improvements - missing doorknobs, missing cabinet pulls, weatherstripping. Our house is super old but we love it so much and he's such a flexible landlord.

Once we removed that $50 line item from our budget, our monthly expenses dropped to below $3,000 per month.

Need to find a good receipt-tracking app. Maybe Everlance? I'm happy with Driversnote but it doesn't appear to support receipts.

Monday, January 9, 2023

Categorizing our efforts and family projects

Paying Off Debt

- Intangible

- Van

- Charity Loan

- Projects I could not complete

Building Our Income

- Elderberry

- Machete

- Parachute

- Real Estate

Lightening Our Load

- Getting rid of junk in the attic

- Ebaying junk in my office

Improving Our Home

- Cleaning up the yard

- Small fixes around the home

Start and stop

Start and Stop

At the Right Time

Be Fully Focused

For Work and for Rest

Fitting our hustles together

- Parachute Software

- Elderberry Press

- Machete Books

- Real Estate

Where does it all fit together? Figured it out. Here's how.

Sunday, January 8, 2023

Dryer won't heat

Dryer won't heat. Tumbles, but no heat. Took it apart with daughter using YouTube video and a drill. Pulled the heating element out and inspected the coil - nothing.

Lots of lint though; looked like the connection between the drum and the vent wasn't connected well inside the dryer itself so lint was getting into the main body. Possibly related? Safety hazard at any rate. Vacuumed it up and screwed the whole thing back together for now.

So it apparently be a thermal fuse, or something further up the chain. Going to try and find someone who can teach me how to fix it in the near future.

Great learning experience.

Saturday, January 7, 2023

The $84,000 Week

January 1-7

Been on FIRE mindset since August 2021 when I discovered MMM

Knew what i needed to do to retire - initial five year plan

Next right step: new job

Needed a year of calm

Bad past performance caused Mrs Chicken Stick to be leery

Took 2022 as a year of calm, year 1 of 5-year plan to retire

Knew I would focus heavily on FIRE in January of 2023

Then . . .

Business trip, bought a bunch of books ahead of time on FIRE

Read them

Put together a five-year plan

Wife got on board

Cut expenses from $4100 per month to about $3100 per month

Life changing

August 2023 through October 2023

Well - I let my blogging slip, and now I'm paying for it. I had a draft for the first bit of August, so I'll post that here, then ...