Archive for the ‘Cutting Costs’ Category

The Regiftable.com 2009 story contest is underway!

Posted by Kim McGrigg on November 2nd, 2009

The fourth annual Regiftable.com story contest is underway! Regifters from around the nation are invited to share their regifting stories and videos for a chance to win prizes valued up to $500.

Regifable.com is a forum for all things regifting, including an archive of more than 1,000 consumer stories running the gamut from the heartwarming to the horrifying. In addition to this year’s regifting story contest, the site also offers a cool game (nope, I am not going to reveal Regifting Robin’s secret!), regifting facts, personalized gift certificates, free eCards, regifting party rules, a song to rewrap by, and much more.

We created Regiftable.com to give people a fun way to learn more about regifting, and to start the conversation on a topic many people are reluctant to discuss—holiday spending and financial worries. Holiday gifting this year may be particularly difficult as economic stressors continue to stretch family budgets.

Jumping on the coupon bandwagon

Posted by Courtney Velek on October 22nd, 2009

So, it seems everyone is talking about couponing these days. Maybe it’s that I’m getting older, that I love a good bargain or the fact that I work at Money Management International, but I’ve jumped on the coupon bandwagon….and I’M SOLD.

The first step to successful couponing is to overcome those mental barriers. You may have a few of your own:

-Mom always told me it was a waste of time. Mother is always right, right? Wrong. The key is organization and finding just a few extra minutes to dedicate to saving. Just because it didn’t work for someone else doesn’t mean it won’t work for you.

-Coupons are only for the really expensive items. Sometimes, but the trick is to find name brand items when they are on sale. Using a coupon on a sale item equals savings.

-I have ZERO extra time. I’m hardly an expert, so I probably don’t spend nearly the time clipping as a real master. I’ve found that the key is just starting and starting small. You’ll find your comfort zone once you start saving.

-I don’t quite get how price matching works. I discovered that you can save money even when you don’t have a coupon. Start by collecting store flyers each week. I have found that the best savings are for beef, chicken, and pork. Take the flyers with you and simply ask your store to match the lowest advertised price. Just last week I saved over $6.00 on the price per pound match on a sirloin steak.

Check out these results!
Jumping on the coupon bandwagon
When you’ve looked yourself in the mirror and made a dedication to saving, here are a few pointers to get started:

1. Research.
There are so many online resources out there for coupon trading, coupon selling, coupon printing, coupon clipping and coupon organizing. A couple of my favorites are CouponMom.com and Couponizer.com.

2. Take it one week at a time.
Push yourself to do a little more each week. The first week, just focus on one store flyer. The second week, plan a menu around sale items. Change can be tough and overwhelming, so start small.

3. Plan and organize.
Set aside some time to clip coupons, make a list and plan your meals each week. Get an expandable file folder or a binder with business card inserts and create categories to file your coupons.

4. Find a store that matches prices and/or doubles or triples coupons.
Price matching is where I’ve saved. Add a coupon on top of the price match and that’s a real savings.

Stay tuned. Good luck and happy saving!

Do you have any tips or tricks? What kind of savings have you seen? Tell us about it!

Cost Comparison: Professional Dog Grooming vs. Grooming at Home

Posted by Chris Ray on October 8th, 2009

Dog Grooming Post: MackenzieThis past weekend I spent the better half of Saturday afternoon grooming our Golden Retriever, Mackenzie. It’s part of our monthly ritual that she tolerates and I’ve grown to enjoy. During our last trip to the tub (a tub that no human has ever bathed in, mind you), as I was laying out my grooming tools and blanketing the floor with old towels, I began to wonder, “how much am I really saving as compared to taking her to a professional?” I began totaling the cost of her organic dog shampoo and conditioner, the special toothbrush and toothpaste, the various scissors and other tools I had acquired, and decided that it would be interesting to determine the true cost of amateur dog grooming.

Dog Grooming: What’s Do You Mean Exactly?

For the purpose of this analysis, I’ve defined the dog grooming session as the following: a full body brush and once over using a desheding tool, trimming of the ears, legs, tail, and paws, nail trimming (if needed), a bath with shampoo and conditioner, teeth brushed, ears cleaned and conditioned, and balm applied to her paws.

A professional will likely use a dog blow dryer; I use old towels. A professional will likely provide a precision cut; I merely trim. The breed and temperament of your dog, along with your willingness to experiment with basic dog grooming techniques, will determine if grooming at home is an option for you. I’ve been grooming Mackenzie since she was a puppy so she’s used to the process. I like the shape of her natural coat so it didn’t take me long to learn how to trim or thin certain areas.

While I perform all of these activities during her monthly grooming session, some of the items above are done weekly (e.g., nails, teeth and ears checked, balm applied, etc.) and some are done daily (e.g., brushing). The breed of your dog, and your personal preferences, will dictate how often your dog should be groomed. Mackenzie is an inside dog who sleeps with humans so we like her to be as clean and fresh.

Start-Up Costs: Creating Your Dog Grooming Toolkit

Here are the tools I use: dog shampoo and conditioner, a nail clipper, a brush and deshedding tool, ear cleanser, three different types of scissors, a dog toothbrush and toothpaste, paw balm, and a cleansing body spray (perfect for between baths). Some of these tools are ‘capital’ expenses (i.e., the item will last for a year or more, scissors for example) while others will need to be replaced as they are consumed.

FW: Dog Grooming Post

The total cost of the items I purchased came in at $205. Here are the details:

Shampoo, conditioner, ear cleanser, body spray, paw balm, toothbrush and toothpaste cost $85. The shampoo and conditioner alone cost $38, however, one large bottle of each will last me the entire year.

The brush and deshedding tool cost $45. A good brush will last you a long, long time and the deshedding tool is worth its weight in gold.

The three different scissors and nail clipper were $75. You might be wondering why three pairs of scissors, fair question. I started with a long pair of shears and quickly realized that one pair would not do every job. I purchased a pair of thinning shears to use behind her ears and a small pair ball nose of shears to use around her face and on her feet. Having the right tools has made all the difference.

Cost Analysis: Amateur vs. Professional Dog Grooming

Once I had determined what each tool cost, and how long I felt each would last, I calculated that my cost per grooming session during the first year was approximately $13. The good news is that, since many of the tools will last more than one year, my cost per grooming session will drop below $10 during year two! Now that I knew what it cost me to groom at home, I set out to determine what it would cost to have Mackenzie professionally groomed.

I called a few dog grooming facilities in the local area and found the cost of grooming a Golden Retriever to be approximately $65. Of course, as with any service, I’m sure you can find lower, and higher, prices depending upon your location, time of year, size of dog, reputation of groomer, etc. Using this rate as a benchmark, and assuming that I will groom Mackenzie monthly, here’s the cost comparison:

Amateur Grooming: $13.08 (cost per groom) x 12 = $157/year
Professional Grooming: $65 (cost per groom) x 12 = $780/year

Savings = $623/year

(It takes me 2 hours to complete the grooming process (prepare, groom, and clean-up), so that would equal 24 hours invested annually. My hourly rate would be almost $26/hour.)

Is it worth it? For me? Absolutely. As I mentioned at the beginning of the post I don’t mind the process and actually enjoy the time we spend together. It’s worth the effort just to see her prance around the house after it’s all said and done! What’s more, I’ve become very aware of changes as they occur. Earlier this year I found a small bump (less than the size of a pea) just underneath her skin. While it proved to be nothing, our vet was quite impressed that we noticed it at all. I doubt we would have noticed the bump if I hadn’t been grooming her myself and, if it had been something serious, at least we found it early.

So now that we’ve talking about the numbers, let’s talk about real-life. Even with evidence of a $623 annual savings by grooming at home, I do take Mackenzie to a professional twice a year. Once just before the start of Summer and again just before Thanksgiving. While this nearly doubles my annual grooming costs to $261, I recognize that my work does not equal that of a professional. I find that, using their work as a base, I’m able to maintain things the months in-between. The pre-Thanksgiving day groom saves me some time and, let’s face it, nothing beats a well groomed dog during the holidays. Here’s my adjusted cost comparison:

Amateur Grooming: $13.08 (cost per groom) x 10 = $131/year +
Professional Grooming: $65 (cost per groom) x 2 = $130/year (or $261/year total)

Savings = $519/year

Lessons Learned: A Few Things to Think About

-Create a schedule and stick to it. I brush Mackenzie every night for several minutes after our walk. I perform the monthly grooming session the first weekend of month which is also when she gets her heart medication and flea/tick treatment. I find that it’s easier to create a new routine by associating it with one that already exists.

-Buy the best tools that you can afford. When I bought my first pair of shears I went for the cheap one – big mistake. It literally wouldn’t cut her hair! I immediately went back to the store and upgraded to the next tier. Don’t be afraid to return something, especially if it didn’t meet your expectations.

-Don’t be afraid to experiment. I was a wreck the first time I tried to thin the hair around Mackenzie’s ears. It turned out fine but, even it hadn’t, it’s hair. It will grow back (and your dog will forgive you).

-Use a professional as appropriate. Just because you can do it yourself doesn’t mean you can’t get outsource the work from time to time. Part of my monthly grooming process is to add ten bucks to a plastic baggy that lives in my dog grooming basket so that, when it’s time the call the professional, I’ve already budgeted for the periodic expense.

I’d love to hear from you! Do you groom at home, use a professional, or do both? Share your money saving tips, tricks, and resources by leaving a comment!