I love coffee a lot, as perhaps I have mentioned. Never drank it at all until I was over 30. When Big Brother was a baby, I was doing an online graduate degree and the only time I had to do my homework was when he was napping–so right after lunch. Ever tried to concentrate on homework right after lunch? Enter the most wonderful bean.
Despite my affection for the stuff, I don’t grind my own coffee beans. I buy ground coffee (Seattle’s Best, #4) at the grocery store. I was joking about the “horror” of this with the awesome Mrs. Frugalwoods, who is in the midst of an experiment to determine whether Costco beans, at five-something a pound, are a sufficient replacement for their fancypants ten-something a pound beans, which I can only assume are roasted by unicorns. She joked back, “I’ll buy you a coffee grinder.”
The exchange got me thinking about why I don’t grind my own beans, and it’s only partly about buying a grinder. It’s more about taking on another chore. See, on one recent morning, I was straining cold-brew coffee a little at a time, boiling water to make pasta for pasta salad, heating milk in the microwave to make yogurt, pre-rinsing the bodily-fluids laundry, and feeding the children breakfast, all simultaneously. And I had to be at work by 11. Do I really want to add “grind beans” to my to-do list?
“Lifestyle inflation” is a term usually used for things that cost money, like buying a nicer car when you get a raise or moving to a bigger house when your second child is born. But I find I also need to be conscious of revenue-neutral or even money-saving kinds of “lifestyle inflation”–chores that benefit the environment or have taste, health, or other intangible benefits but take up my finite time.
I want to do, well, everything. But every new chore I take on means just a smidge less time for everything else.
Freshly ground coffee beans probably are better, and after the initial cost of the grinder, I would not be spending more money on an ongoing basis. But I would be committing to a new chore, when my life is already pretty full. A person can do anything, but not everything. There are plenty of things, besides bean grinding, that I think would be good to do that I just don’t:
- Using cloth trainers at night for Little Brother. I got tired of the smell and the laundry and the rinsing-in-the-toilet (PLEASE let this be over soon) and now he sleeps in (gasp!) disposable pull-on training pants
- Making bread. I can buy it for $1 a loaf at the bakery outlet
- Line-drying the family clothes
- Taking the bus to work instead of owning a car
- Shopping for local produce/meat/dairy instead of just buying what’s on sale at Sprouts
- Changing our oil/doing basic car maintenance
- Making chocolate syrup for Mr. FP
- Making more snacks from scratch instead of serving Goldfish crackers from Costco
- Making seltzer
What tasks I take on is based on a constantly shifting assessment of my time, our family’s needs, and my personal priorities and preferences. (I don’t particularly like trying to grow plants, but I do like sewing, for instance.) Over the next few list, things from the top list might get dropped and things from the bottom will probably be added. But the coffee tastes good to me, so for now, I’m filing it under “Ain’t broke. Don’t fix.”
Do you hold the line on chore inflation? How do you decide where to focus your energies? Do you have a list like mine of things you kind of wish you did, but don’t have the time and energy for?
So… I am two months plus behind on this. Haven’t done it since January. Oops!
Obviously our situation has changed since we bought a house–not so much as far as our actual net worth, as where it is distributed. In other news, we have switched from Mint to Personal Capital. I just found Mint very clunky and awkward to use, and kept hearing good things about PC… we’ll see.
Cash: $3840.75 (includes our emergency reserve of about $2K)
Investments: $53,389.03 (This used to be more, but we spent my Roth IRA on a giant pile of bricks). New in this category: Mr. FP’s traditional IRA. We will owe taxes on the capital gains that were part of my IRA balance when we cashed it out, so decided to do a traditional IRA to help offset that.
- My rollover IRA: $18,222.11
- Mr. FP’s traditional IRA: $2,944.28 (He is rather depressed that this has already gone down–he just opened it with $3K a couple of weeks ago!)
- Mr. FP’s old 403(b): $32,221.88
Property: $308,000 (assuming that the value of our house is exactly what we paid for it). We do not count our cars in this category.
Total assets: $365,229.78
Credit Cards: $2873.70
Total liabilities: $296,152.13
TOTAL NET WORTH: $69077.65
Since January, that’s a change of $883. Hard to believe it has stayed so steady! On the other hand, at least it hasn’t gone down. The market has not been great and we have been seriously hemorrhaging money on things for the house. Normally we don’t run around buying used pianos and photo prints and whatnot.
When I started this blog in January 2015, I was surprised to find that our net worth was over $50K–it was at that time $51,681.47. That’s an increase over the last year and a half of $17, 396.18, or 33.7%.
Let’s call that “good, with room for improvement.” The next big question: When will we add that fifth zero?
How’s your net worth growing? How do you track it?