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

Thursday, January 20, 2011

Live it up

The professor of my social welfare policy class assigned us to spend a week living on the amount you can get from food stamps. In the mainland US it’s $200 a month for a single person, $367 for a couple. The purpose of the assignment is to show us how difficult it is, and my classmates seemed duly worried.

I’ve been irked about food ever since last week, when someone I know complained that Toby Ord’s plan to give away a million pounds during his lifetime sounded very dreary “living on beans and rice and never going to a movie.” I plead guilty to not paying for movies — though in a college town there are more free screenings and performances than I could possibly see. The beans and rice is definitely a myth.

Jeff and I average $170 a month on groceries for the two of us – less than half what we would get for food stamps. Including meals out, candy, tea, and other nonessentials, we average $215 a month.

So here is my primer on cheap eating. There are lots of sites out there with advice, but they're mostly aimed at stay-at-home moms of large families. This is aimed at someone with less time and less ability to get around - i.e. working people without cars or a lot of freezer space.

Note that the focus here is only on cheap, tasty, and reasonably healthy, not ethical. If you have an opinion on the ethical food vs. cheap food dilemma, I'm happy to hear it.

Love food
If you don't like cooking, of course you’ll eat out more. Get interested in food. Read food blogs. Check out cookbooks from the library. Try making new things.

Read unit prices
Please tell me you knew this already.

Get equipped
A $10 slow-cooker from a thrift store will make your life easier. A pressure cooker will, too, though they’re harder to find used. If you find an old one it will probably need a new rubber valve, which only costs a few dollars. I also love my used breadmaker. A hot loaf or batch of pizza dough when I come home from work? Yes, please.

Go easy on the meat
Use plant foods (whole grains, legumes) as staples and meat as supplements.

Shop where poor people shop
Unfortunately, this is often the corner store. I don’t mean that. Tofu is expensive at ritzy stores, but not in Chinatown. Check out ethnic grocery stores. Check out the international aisle in the regular supermarket – Goya usually sells beans and seasonings cheaper than American companies.

Pack your lunches
Make too much for dinner. Pack leftovers and refrigerate or freeze them. Do this at night, not in the morning when you’re rushing. If you don’t have containers, look in other people’s recycling bins for takeout containers.

Plan for snacks
You don't have to totally change your life. If you know you’re going to get a soda or candy bar from the vending machine at 3 pm, buy them at the store and bring one with you each day. One, so you don't eat them all.

Invest in seasonings
Or your food will be boring and you won’t want to eat it. For savory cooking, I wouldn’t be without:
Garlic
Lemon juice
Vinegar (in a big jug to use for cleaning as well as cooking)
Olive oil
Broth powder or paste (for grains and soups)
Parmesan (the good kind in a wedge, not dust in a can. This is not cheap, but it is essential to my culinary happiness.)
Hot sauce / chili paste / something else spicy

Know your grocery store
Mine sells dried cranberries both in the raisin aisle and the produce area, and the ones in raisinland are cheaper. They also have a shelf in the back where they sell dented containers at a markdown.

Comfort food is important
I don’t skimp on ice cream.

Here’s a recipe to start you off. This made enough for two dinner servings and three lunches.
Asian beef and vegetables
1 lb. quick-cooking meat like London broil or pork chops (or tofu)
2 cups uncooked brown rice
½ head cabbage
1 carrot

Marinade:
½ cup soy sauce
¼ cup vinegar or lemon juice
¼ cup sugar
1 tablespoon grated ginger
1 teaspoon minced garlic
dash red pepper or other spiciness

Combine the marinade ingredients and put the meat in. Use a plastic bag or a small container so the marinade coats the meat. Refrigerate it and let it sit overnight (or 15 minutes, or whatever you have).

Put the rice on to cook.

Put a skillet on medium-high heat. When the pan is hot, take the meat out of the marinade and cook it 3-4 minutes on each side. Remove from pan.

Pour the marinade into the pan (remember, it has raw meat juice in it) and bring to a simmer. If you want to thicken it, dissolve a teaspoon of cornstarch in a little water and simmer that with the marinade.

Slice the cabbage thinly. Microwave in a dish two minutes (or until it’s as tender as you want). Grate the carrot and add to the cabbage.

Cut the meat into pieces and toss with the vegetables. Serve over the rice with the marinade as sauce.

Time: 50 minutes, less if you use white rice.
Cost: I’m assuming you start with some things (ginger, garlic, sugar). If you buy a cabbage, a pound of carrots, a bottle of soy sauce, a pound of rice, and a pound of meat, that’s $12 at my local grocery. You have almost a bottle of soy sauce, half a cabbage, and some carrots left over.
Yield: two dinners, three lunches (if you eat a little more than us)
Cost per serving: $2.40

Not boring! Not expensive!

Wednesday, December 08, 2010

Bits and pieces

Small giving annoys me. I don't mean the widow's mite - I mean the person who has 83 charities and gives $4 to all of them. So I was suspicious of Betsy Londergan's What Gives 365 project. She's giving away her inheritance, $100 a day, to a different cause each day. Not the model of efficiency.

But reading about the causes she chose made me really . . . happy. It was delightful to see someone try to do it all. I don't actually think NPR needs my money in the same way Zanmi Lasante does. But her project is a great educator. (As is NPR, to be fair).

Saturday, July 24, 2010

Normal

People love to believe there's something edgy about raising your own food, cutting your own hair, baking bread, etc. Just insert "DIY" in front of anything your grandma did, and it's suddenly hip. Or maybe it's "radical homemaking" or "urban homesteading".

We've gone full cycle. Take line-drying clothes. Seventy years ago, it's what everyone did. But once people could buy dryers, many of them were thrilled that they didn't have to use a clothesline anymore. (At least in the US, where energy prices are cheap. In Europe, it's a different story.) Line-drying was something most people avoided if they could. But now line-drying is not just cheap, it's "green". Which it always was - there just wasn't always a word for it. Fifty years ago, nobody was making documentaries about clotheslines.

As with any cultural change, this isn't happening everywhere all at once. There are plenty of people who like their dryers, wonder bread, and iceberg lettuce very much. Why should they do everything themselves when they don't have to? My mother is one of these people. She learned all the Depression-era skills from her mother - she knows how to bake, can, garden, cut hair, etc. But she doesn't want to, and she can afford not to.

This week my friend Elisangela came to my apartment for the first time. She moved here from Brazil ten years ago, and I was a little afraid of what she would think. Mostly of the fact that I'm keeping livestock in my kitchen. I can imagine her wondering, "Why would you do this when you can buy jumbo eggs for 99 cents a dozen?"

When Elisangela walked in, she made a beeline for the quail pen. "They're chickens?" she asked. "Quail," I said. "My grandmother raised quail," she said. "She would never kill them because they made a special call when a stranger was coming near the house. They know."

And that was that. To her this wasn't urban homesteading or DIY poultry farming. It was just that thing her grandmother did back in the village. I felt totally, blessedly normal.

Friday, January 08, 2010

Simply

I keep hearing about various environmental stunts. No Impact Man, the 100-mile diet, and the Little Brown Dress are some of them. They all fall under what used to be called voluntary simplicity.

I'm not opposed to stunts - they make people think, they're noticeable. If labels and stunts help people feel cool about a simpler lifestyle, great.

I was thinking about the ways Jeff and I live simply. Some of these habits just come from having thrifty mothers, I think, but others we've come to on our own. And there's a often happy convergence between what is sustainable and what is cheap. There are exceptions, but mostly:









































































We do We don't
Live below our means and give away about half our incomeLike the level of inequality we see in the world
Bus, train, subway, bike, and hoof itOwn a car
Use rags, sponges, cloth napkinsUse paper towels and napkins
Line-dry our laundryUse the dryer
Travel by busTravel by plane
Make wineBuy alcohol
Use a little meat to flavor other dishesUse meat as a main dish
Use the libraryBuy books or movies
Have a big apartment by Hong Kong standardsHave a big apartment by American standards
Play music and board gamesOwn a TV
Cook at homeEat out
Buy bulk staples and cook from scratchBuy much pre-made food
Use reusable menstrual products
(well, only Julia)
Use disposable menstrual products
Shop from thrift stores, Craigslist, yard sales, and freecycleBuy new clothes, housewares, furniture
Use fans
Use air conditioning
Budget like hell Impulse buy
Count our blessings





Yes, even when it's cold.

Monday, July 06, 2009

How to balance this one?

For a long time my job strategy was to do something helpful. At a time when my best friend was depressed, I wanted to be a psychotherapist. After I started learning my third foreign language, I wanted to work with immigrants to the US. After my first class in the feminist and gender studies department, I wanted to work in a domestic violence shelter. Finally I wanted to travel to other countries and work in microfinance or some other kind of development.

And by now I've come to believe: my labor is not that useful to saving the world. I think the world's worst problems are not in the US, and I as an American am not particularly useful to solving them. Anyway, I seem to have gone through seventeen years of school without studying anything very practical.

So now I'm convinced that my money can actually do more good than my labor. For example, I could join the Peace Corps and spend a year learning a new language and the names of the people in my village, eventually maybe accomplishing some useful work during the second year. Or I could work a job I'm good at in the US and send my earnings to an organization in the village where people who actually know what they're doing can make their own decision about what they need most. (One thing I like about Oxfam is that they do most of their work by funding local partner organizations, rather than sending Americans zipping around the globe trying to fix things.)

There are some problems here:

1) not many people want to do good works, but lots of people want money. The competition for high-paying jobs is a lot higher than for directly useful jobs.

2) The thought of going into business, law, medicine, etc. makes me feel ill.

3) If money rather than work is going to be my primary contribution to the world, I don't know how much is enough. At our current cost of living, Jeff and I can easily get by on my $18,000 salary. (If that sounds low, please note that it's 25 times the median household income in Haiti). But since we keep more or less only what we need, we get no more benefit from a job that earns $80,000 than from one that earns $20,000. And I think most higher-paying jobs would result in me being less happy.

Usually I don't think money is a good goal. I think people are happier if they choose jobs they're good at and that leave them with free time and energy to spend doing other things. I'm distressed at the thought of measuring my life by it. And if I do something I'm actually interested in, like social work, I'm saving my sanity but abandoning people who don't have the basics they need.

Saturday, June 27, 2009

What is your money doing?

I'm pretty sure I want to get my master's degree in social work a few years from now. I've started saving money for tuition. Given that, I realized that it not only felt bad to leave my money sitting in a checking account with a huge multinational bank, but it made no sense.

So I started shopping for an ethical bank, and I've decided to open an account with ShoreBank. I'm satisfied with the ways it invests my money - small business loans in poor neighborhoods and environmental projects rather than giant corporations. And because their online savings accounts require so little overhead for them, the rate is quite good - much better than any account my old bank offered.

Are you happy with where your money is? You might read check out socially responsible investing and this list of socially responsible banks and credit unions.

Saturday, April 04, 2009

Envy

Yesterday I read a newspaper article that made me intensely envious. It was about a freelance cellist who earns $36,000 a year and leads what the paper describes as a shockingly limited life: He has no cell phone. He and his wife live in a small Cambridge apartment and own only one car. They share a bedroom with their baby and seven-year-old, whom the wife homeschools. To me, it sounds like paradise.

I've heard people, especially Quakers, say that we should value our time above money and our lives above our jobs. Don't work yourselves to death, they urge. Lead a simple life, and you'll be happier than if you ran yourself ragged chasing status or money. This advice would seem very sensible to me if I were responsible for only myself and my family.

How do we decide what our responsibility is to other people? Peter Singer's classic example: you see a child drowning in a shallow pond. Do you wade in to save the child, ruining your $30 shoes? Of course. To value your shoes above the child's life would be monstrous. Now: do you spend $30 on a new pair of shoes, when the money could provide a vaccination (or small loan, or mosquito net, or whatever) that would save someone's life or allow them to get decent housing, education, or healthcare?

I believe that in a better world, we would all shoulder more responsibility for each other. Those who had enough wouldn't spend their extra money on a bigger place to live, or the vacation, or the shoes. They would send it to people who need it. It's pretty clear that a small percentage of rich countries' GDPs - or a fraction of our military spending - could end the worst of world poverty. Governments and charities aren't perfect - some money and effort will always be wasted, but most of it will go to its intended use.

In a better world, Jeff and I might give away only a quarter or so of our income. In ten or fifteen years we could have that one-bedroom apartment with a kid or two. I could even spend some years not working a paid job, but taking care of my kids and growing a rockin' vegetable garden. When we were old, we would have young people in our family. These goals aren't wrong in themselves - I think they're quite a good way to spend a lifetime. But leading the life I would find most fulfilling would be neglecting my duty to other people. Having those kids would mean taking away time and money that would be more effectively spent improving the lives of children already alive and in need. A quarter of our income is more than most people do, but it's less than we can do.

I had the very good fortune to find someone who wants to spend his life with a lunatic philanthropist like me. Jeff does insist on some things I consider luxury - a savings account and a small weekly allowance for clothes, travel, and fun. But when I consider our future, I find myself looking at the soul-deadening life Quakers keep warning me about. The two of us, living in a rented room someplace, earning money to send to people who need it more. Spending our lives chasing a paycheck, and sitting in our rented room when we're too old to work. It's a lot better than living in a refugee camp, but it kind of makes me want to quit now before I have to do 60 more years of it.

Am I missing something? I know about only a handful of people who actually live like this. I know more (Peter Singer included) who say "This is what's morally right, but it sounds miserable. I'll make baby steps, but I'm not actually going to live like that." Does the rest of the world have good reasons for living for themselves and their immediate circle, or do we all just find it too scary to do otherwise?

Saturday, March 04, 2006

No, you're just angry and young

I finally saw someone wearing the "Angry Young and Poor" sweatshirt that Delia's used to sell. For, if I remember, $28. I wanted to laugh in her face, but possibly she got it secondhand.