Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Sunday, October 14, 2007

HTT, how do I overcome restoration envy?

Dear HTT,

Several years ago, my husband and I moved into an older neighborhood filled with bungalows and Victorians. Our house was in a state of mild disrepair---not falling down, but definitely in need of some pretty major repairs involving plumbing and foundation, as well as a bunch of updates. We’ve been working on it in waves since we moved in, and it’s starting to come along.

So, what’s the problem? Well, in a word, jealousy. Since a lot of people in this neighborhood are in the same boat and doing a lot of work to their homes, neighbors frequently tour each others’ houses to see what progress has been made, offer tips, suggest handymen, etc. And every time I go on one of these informal tours, I get envious over how nice their places look! It’s not like our house is a tar paper shack or anything, but we’ve spent most of our money on repairs that don’t show (aforementioned plumbing and foundation) and, even if we hadn’t, there’s no way we could afford stainless steel appliances and granite countertops.

How do I stop from comparing our cute little house to all these others, that look like they just walked out of American Bungalow magazine?

Signed,
Green with Envy


Dear Green,

When I told a friend about this question, she laughed and said, “Do you think you have any frame of reference, any experience to draw on to answer that letter?” She was kidding.

I, too, live in an older bungalow, and I’ve sunk a mint into foundation, porch repair, and plumbing. I’ve bitched and moaned to friends and family about how I could have overhauled my entire kitchen or built a screen porch for what I’ve spent on these boring repairs. Up next at my place? Knocking down a non-functioning chimney no longer even attached to a fireplace, and patching the roof where the chimney now stands. Try highlighting that when you’re showing friends around your house! Not quite the same impact as, “And then, we installed this gorgeous claw-footed tub and period Craftsman-style lighting.”

So, yes, I know just where you’re coming from.

There was a time, not long ago, when middle class people were happy to have a decent, affordable home in which to live and maybe raise a family. Sure, people wanted a house they liked, a house that more or less reflected their sense of style. But these homes were practical places, where toasters rested just as easily on a Formica countertop as they do on granite. Where plain, white (or maybe avocado) refrigerators kept food just as fresh as stainless steel does. Where a fiberglass tub got you just as clean as a 100-year-old enamel-covered metal claw-footed tub. At some point, though, we all went a little crazy. Blame it on HGTV, or Martha Stewart, or Architectural Digest, or American Bungalow, or Restoration Hardware or their ilk. Our idea of what a home should be was transformed from a comfortable sanctuary to a showpiece. Some of us started to feel like we just weren’t trying hard enough if our homes didn’t have glass-fronted kitchen cabinets, or expensive period fixtures, or gleaming refinished hardwood floors.


I’m not saying there’s anything wrong with any of these things. I, myself, salivate over Frank Lloyd Wright / Charles Rennie MacIntosh styled anything. If people can afford to have their floors refinished, or have the moxie to do it themselves, right on! Get granite, go for stainless. But if these updates just aren't in your budget now, if you’re spending your money on keeping your house standing, don’t despair. Here are a few tips:

  • For god’s sake stop watching remodeling shows on HGTV. They only make you feel badly about your skills and your home. Those shows where the homeowners supposedly do all the work, remodel their entire house in a month for a couple thousand bucks? That’s pure trickery, my friend. There are tons of skilled workers and designers buzzing around off camera.
  • Cancel your subscription to American Bungalow and recycle, without first reading, all your home furnishing catalogues until you actually need to purchase something.
  • Walk through your house with your husband and discuss every feature you like about it. When you show friends around, don’t apologize for anything or point out all the negatives.
  • This sounds silly, but ask a good friend to “admire” the work you have done. For example, when my foundation work was completed, several friends gushed about how they had never seen a more level house or straighter porch columns. I actually felt a little burst of pride!
  • Finally, be grateful. You own a cute home that was within your means, and you live in a funky neighborhood that you love.

Maybe I’ll run into you at Home Depot one of these days!

Best,
HTT

Monday, April 23, 2007

Dear HTT, I work full-time, take care of a house and two small children, and I'm exhausted!!

Dear HTT,

After working from home for the past six years (five telecommuting, one running [okay, more like stumbling] my own company), I've rejoined the 9 to 5 working world. I get up early, take a shower, put on actual clothes rather than running pants and a stretched-out t-shirt, get my 5-year-old girl and 3-year-old boy ready for school, put on MAKEUP and CURL MY HAIR (every day I'm saying!), go to work, deal with all the ridiculous little office personality crap all day and work every second (there is definitely no Internet surfing time at this place--I'm not even allowed phone calls or personal email), go home, cobble together some kind of dinner for the kids (typical dinner: veggie and fruit tray from Food Lion to pick at, slice of American cheese, watered-down juice), and fall asleep on the couch at about 8:00pm while my husband puts the kids to bed.

Here's my question. How do people who work in an office all day every week have any kind of life? I don't exercise, I gobble down fast food most of the time for lunch, I'm too tired to read my email at home and only occasionally look at it on the weekend. I don't talk to or see my friends or extended family. Sex is a distant memory. I usually sleep most of the day on Saturdays and spend Sunday desperately trying to get ahead of the laundry. I have not seen the bottom of the hampers since I started this job at the beginning of February. To further complicate matters, every other week is a deadline week, and I have to work late (alone, as my boss prefers to go out drinking with friends and everybody else is a sales rep) every day, not even getting to see my kids at all before they go to bed.

How can I balance work and having a life? I actually like the task part of my job and am good at it, and the location is perfect -- 2 minutes from my house. My husband has a good job, but it won't pay all the bills, especially because we ran up an extra $15,000 in credit card debt during the year I was trying to run my own business. I eat a lot of chocolate to try to fight getting depressed, and that's just making my clothes smaller... along with the junk food. What I really want is to be a stay-at-home mom and take care of the house and maybe do some freelance web design on the side. Way on the side. Practically falling off the edge of the side, if you know what I mean. I want to spend quality time with my kids and husband, help provide a healthy lifestyle for them, walk my dogs, see my friends, have a clean house and no piles of dirty laundry, actually go to a movie once in a while, etc etc etc.

Can you help me?

Signed,
Tired and Whiny In Cary


Dear Tired,

Wow. I feel spectacularly unqualified to answer your question. I have no idea how families with small children and two working parents manage. I’m only responsible for me, and sometimes I still feel overwhelmed by how much effort it takes to keep life on track. But I have given work-life balance a lot of thought over the years, so let’s see if I can ask a few questions and maybe offer some suggestions.

Is it possible you’ve got some perfectionist tendencies? If so, maybe you’re being too hard on yourself about your housekeeping, the meals you serve, and the state of your laundry pile. Try to figure out what you can let slide a little without beating yourself up about it. Most small kids I know aren’t clamoring for fancy meals, so if you’re meeting their nutritional needs, I wouldn’t sweat it that you didn’t whip up something from Martha Stewart’s recipe collection. If the family has enough clothes to last for a few days, take the dogs for a walk if you want, even if the hamper isn’t empty. Something’s got to give.

Are you getting enough help? From all the articles I’ve read, it seems that mothers generally still do more than their fair share of the house and kid duties. I don’t know your husband, so I don’t mean to sully his good name. Just asking.

(As an aside, I think it’s hilarious that this article in the Wall Street Journal crows over the results of a research study that showed that women underestimate the amount of time that men spend on housework. Women reported that their male partners did 33% of household chores, but when the researchers tracked men’s actual housework time it amounted to a whopping 39%. Excuse them for being off by six percent!!)

I know you have bills to pay, but can a compromise be struck? Can you do some part-time work instead of the full-time grind? And while it sounds like you enjoy your work tasks, it also seems that the working conditions leave something to be desired. Do you think a job search might be in order?

And now I’m getting into dangerous waters because, let me be clear, I am no budget guru and am definitely not one to be giving financial advice. But I can recommend a book I once read called “Your Money or Your Life,” which discusses the true costs of working (commuting, clothes, daycare, meals bought rather than fixed, job-related illness, stress-induced spending, etc.) and challenges readers to think about their purchases in terms of how many “life hours” they cost you. I guess what I’m trying to get around to, delicately, is this: is there room in your budget to cut back in order to pay off your debt more quickly? Will you be able to afford to quit working, or work less, once you do? I can tolerate just about anything if I’ve got a plan and an end in sight.

You need some support. Do you know other moms who work full time? How do they do it? Can they offer any advice? (I might fancy myself an advice columnist, but I also know when I'm out of my league!) And finally, are you depressed? O.K., clearly you're depressed and stressed out, and you have every right to be. But situational depression aside, do you think there’s something deeper going on?

You don’t need me to tell you this, but I will anyway. You deserve to have more fun in the one life you’ve got.

Good luck, my friend.
HTT

Monday, March 26, 2007

HTT, do I have to chip in on expensive gifts?

Dear HTT,

Ok, here's the thing.....I am blessed by having a lot of friends, and several different circles of friends. This is great, don't get me wrong, but one particular circle of friends is large, quite large, and growing larger. Also not necessarily a bad thing. Here's the rub, though. This circle has gotten big enough to where I'm really not friends, per se, with everyone, and I barely see them due to the demands on my time. This circle of friends loves to celebrate everyone's birthday. Sweet, I know. But instead of just getting together for brunch or drinks or whatever, they also kick in for elaborate gifts. I'm talking Coach bags and jewelry from Tiffany's. I'm not making this up. Just ask our mutual Dream Weaver-loving friend---she knows of them.

Now, this is a fun-loving bunch of ladies, true. And incidentally, I love to get people presents, especially when I don't feel obligated. I love spontaneously seeing something and thinking, "oh, so-and-so would get a kick out of that" and picking it up for no reason. I should also make it clear that I'm a Target and Marshall's kind of gal, and my handbags do not EVER cost me even a fraction of a utility bill. Not only is it against my religion to pay retail, but I have a child and a house and therefore a budget---imagine that. Incidentally, we usually do not do this for my birthday, mainly because I don't like a big fuss, and when we have done it, people have just brought cute little presents like lotions and candles, that kind of thing, which I love! I would be mortified to get a Tiffany necklace from any one other than my hubby, and that ain't gonna happen!

The other problem with this gift-giving circle is that I'm very close to some of the women and not close at all with others. Read, I would love to give gifts to some, have no interest in it for the others. But it's become too difficult to give to some and not others. Help!!! How do I gracefully get off this carousel?

Thanks,
A Friend by 1 degree of Separation


Dear 1 Degree,

My most beloved “purse” is a vinyl messenger bag, and my taste in jewelry skews toward the “look what I made at the bead store” variety. So, I had literally no idea how much a Coach bag or Tiffany necklace could set a person back.

After a quick trip to www.coach.com, I discovered that the least expensive bag was the Hamptons Signature Swing Pack at $118. Now, I wouldn’t call $118 ridiculous for a good handbag, although it's more than I'd usually spend. However, I would expect my 118-dollar bag to hold more than a lipstick, one tampon (OB only), a Chicklet, and a driver’s license. And that’s about all one could tote about in the Hamptons Swing Pack. I guess “Hamptons” should have clued me in. It’s not the Myrtle Beach Swing Pack or even the Southport Swing Pack. Near the other end of the spectrum was the vintage leather “Hobo” at $498. How the word “hobo” and the price $498 can possibly be affixed to the same accessory is beyond me.

So, yeah, yikes. Depending on how many people are splitting the cost, buying lots of these sorts of gifts could really send a person to the poorhouse. Here’s what I suggest: Before the next birthday rolls around, simply say, “I’m trying to put aside money for my kid’s braces (or college education, or a family vacation, or you know, groceries!), and I need to start following a more stringent budget. I want to continue celebrating birthdays with all of you, but I’m going to need to bow out of the group gift.” There’s nothing shameful in that. But if it feels awkward to attend these celebrations empty handed, you might decide to pick out a small, thoughtful present that doesn’t cost as much as your January PSNC bill, or simply buy a card.

And if you want to continue buying gifts for the women you’re closest to, can you do so and just give them their presents outside of the big-group get-togethers? Surely these good friends will be discreet about it and not announce to the rest, “look at the wonderful earrings 1 Degree gave me for my birthday.”

You might even find that others in the group feel similarly and will be relieved to jump off that carousel with you!

Hope it all works out.

HTT