The Trimurti of Household Budgeting

Intro:

Personal finance types, myself included, often recommend making small lifestyle changes to save more money for retirement. A prominent example is the latte effect, which holds that cutting out a daily cup of coffee can theoretically save 1,000’s of dollars (it can). This kind of advice, however, really gets under some people’s skin.

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About The Author

James Flannel Guy ROI's picture

Portland, Oregon-based Flannel Guy ROI is a working dude and family man that likes flannel shirts and wants to achieve financial independence a little sooner than most, particularly by making smart spending decisions and living intentionally. 

His overall idea is to look at spending decisions as investments: what decisions will return the most value to you over time? 

Each scenario is evaluated over a 10-year horizon with the following summary statistics:

Present value – what is the total value of your investment and expected returns in today’s dollars?
Return on investment (ROI) – how much of your original investment will you make back?
Payback period – how long will it take you to recoup your original investment?

Learn more at www.flannelguyroi.com

How Much Does a Smaller Car Actually Save You?

Abstract:

Buying a Honda Accord Sedan instead of a Honda Pilot SUV saves roughly $25,000 over 10 years. But both cars are still going to cost a whole lot when all operating and ownership expenses are included (close to $100,000 per decade).

Intro:

Ever wondered how much money a smaller car actually saves? Maybe not, but you’re a little curious right? An SUV seems so much safer and more luxurious, right? And if an SUV really isn’t that much more expensive than a regular-sized car, why settle for less?

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About The Author

James Flannel Guy ROI's picture

Portland, Oregon-based Flannel Guy ROI is a working dude and family man that likes flannel shirts and wants to achieve financial independence a little sooner than most, particularly by making smart spending decisions and living intentionally. 

His overall idea is to look at spending decisions as investments: what decisions will return the most value to you over time? 

Each scenario is evaluated over a 10-year horizon with the following summary statistics:

Present value – what is the total value of your investment and expected returns in today’s dollars?
Return on investment (ROI) – how much of your original investment will you make back?
Payback period – how long will it take you to recoup your original investment?

Learn more at www.flannelguyroi.com

Water Efficiency Upgrades for the Home

 

Water upgrades… a drop in the financial bucket or a tidal wave of savings?

Abstract:

Upgrading toilets, faucets, and shower heads in a 2-person, 2-bath home saves about $450 over 10 years. The upgrades don’t really start to pay for themselves until years 4 through 6 though.

Tags: 

About The Author

James Flannel Guy ROI's picture

Portland, Oregon-based Flannel Guy ROI is a working dude and family man that likes flannel shirts and wants to achieve financial independence a little sooner than most, particularly by making smart spending decisions and living intentionally. 

His overall idea is to look at spending decisions as investments: what decisions will return the most value to you over time? 

Each scenario is evaluated over a 10-year horizon with the following summary statistics:

Present value – what is the total value of your investment and expected returns in today’s dollars?
Return on investment (ROI) – how much of your original investment will you make back?
Payback period – how long will it take you to recoup your original investment?

Learn more at www.flannelguyroi.com

How Much is Your Free Time Worth?

Intro:

Regular readers will know that I’m always talking about and incorporating time costs into my ROI Analyses. The idea is that nobody’s time is really free. We all trade time for money and money for time at some point in our lives (think: work).

Tags: 

About The Author

James Flannel Guy ROI's picture

Portland, Oregon-based Flannel Guy ROI is a working dude and family man that likes flannel shirts and wants to achieve financial independence a little sooner than most, particularly by making smart spending decisions and living intentionally. 

His overall idea is to look at spending decisions as investments: what decisions will return the most value to you over time? 

Each scenario is evaluated over a 10-year horizon with the following summary statistics:

Present value – what is the total value of your investment and expected returns in today’s dollars?
Return on investment (ROI) – how much of your original investment will you make back?
Payback period – how long will it take you to recoup your original investment?

Learn more at www.flannelguyroi.com

Better Investment: LED vs CFL Lightbulbs

*Update: As commenter Cal Cho mentioned, there is evidence that LED lifespans can be shorter than what manufacturers claim. This means that LEDs, at least how they are currently priced, are not necessarily better investments than CFLs. See this article for more information.

Tags: 

About The Author

James Flannel Guy ROI's picture

Portland, Oregon-based Flannel Guy ROI is a working dude and family man that likes flannel shirts and wants to achieve financial independence a little sooner than most, particularly by making smart spending decisions and living intentionally. 

His overall idea is to look at spending decisions as investments: what decisions will return the most value to you over time? 

Each scenario is evaluated over a 10-year horizon with the following summary statistics:

Present value – what is the total value of your investment and expected returns in today’s dollars?
Return on investment (ROI) – how much of your original investment will you make back?
Payback period – how long will it take you to recoup your original investment?

Learn more at www.flannelguyroi.com

ROI: Are Marijuana Edibles Cheaper Than Alcohol?

Abstract:

With more and more states legalizing recreational and medical marijuana, it seems fair to challenge the bias against pot.  Pot is arguably three times less harmful for both individuals and society as a whole.  On top of that it is a cheaper, but not necessarily by leaps and bounds.

Tags: 

About The Author

James Flannel Guy ROI's picture

Portland, Oregon-based Flannel Guy ROI is a working dude and family man that likes flannel shirts and wants to achieve financial independence a little sooner than most, particularly by making smart spending decisions and living intentionally. 

His overall idea is to look at spending decisions as investments: what decisions will return the most value to you over time? 

Each scenario is evaluated over a 10-year horizon with the following summary statistics:

Present value – what is the total value of your investment and expected returns in today’s dollars?
Return on investment (ROI) – how much of your original investment will you make back?
Payback period – how long will it take you to recoup your original investment?

Learn more at www.flannelguyroi.com

R.O.I. How Much is Your Library Card Worth?

Introduction:

If someone would pay me to read literature I would never have to work another day in my life. I love reading. Some people have bumper stickers that say, “I’d rather be golfing/hunting/knitting/fishing/etc.”  Guess what mine would say??

Tags: 

About The Author

James Flannel Guy ROI's picture

Portland, Oregon-based Flannel Guy ROI is a working dude and family man that likes flannel shirts and wants to achieve financial independence a little sooner than most, particularly by making smart spending decisions and living intentionally. 

His overall idea is to look at spending decisions as investments: what decisions will return the most value to you over time? 

Each scenario is evaluated over a 10-year horizon with the following summary statistics:

Present value – what is the total value of your investment and expected returns in today’s dollars?
Return on investment (ROI) – how much of your original investment will you make back?
Payback period – how long will it take you to recoup your original investment?

Learn more at www.flannelguyroi.com

For Savings, Should You Change Your Own Oil?

Background:

Ah, a quintessential image of American manliness, a dude changing his own oil. Grease-stained jacket, crew cut, work rag, socket wrench in hand. Self-sufficient to the max, except the part about needing a very expensive piece of machinery to get from point A to point B.

Tags: 

About The Author

James Flannel Guy ROI's picture

Portland, Oregon-based Flannel Guy ROI is a working dude and family man that likes flannel shirts and wants to achieve financial independence a little sooner than most, particularly by making smart spending decisions and living intentionally. 

His overall idea is to look at spending decisions as investments: what decisions will return the most value to you over time? 

Each scenario is evaluated over a 10-year horizon with the following summary statistics:

Present value – what is the total value of your investment and expected returns in today’s dollars?
Return on investment (ROI) – how much of your original investment will you make back?
Payback period – how long will it take you to recoup your original investment?

Learn more at www.flannelguyroi.com

Less is More: Spending Less vs. Earning More

Background:

Tags: 

About The Author

James Flannel Guy ROI's picture

Portland, Oregon-based Flannel Guy ROI is a working dude and family man that likes flannel shirts and wants to achieve financial independence a little sooner than most, particularly by making smart spending decisions and living intentionally. 

His overall idea is to look at spending decisions as investments: what decisions will return the most value to you over time? 

Each scenario is evaluated over a 10-year horizon with the following summary statistics:

Present value – what is the total value of your investment and expected returns in today’s dollars?
Return on investment (ROI) – how much of your original investment will you make back?
Payback period – how long will it take you to recoup your original investment?

Learn more at www.flannelguyroi.com

The Cost Advantages of Making Your Own Coffee

Today’s post is about saving money by brewing your own coffee.  I will cut to the chase and tell you:

you can save over $5,000 every 10 years by making your own coffee.  

But if you are one of those softies that likes milk in their coffee (or even worse, coffee in your milk!), you might only save $4,000 instead (still not too shabby!).

Tags: 

About The Author

James Flannel Guy ROI's picture

Portland, Oregon-based Flannel Guy ROI is a working dude and family man that likes flannel shirts and wants to achieve financial independence a little sooner than most, particularly by making smart spending decisions and living intentionally. 

His overall idea is to look at spending decisions as investments: what decisions will return the most value to you over time? 

Each scenario is evaluated over a 10-year horizon with the following summary statistics:

Present value – what is the total value of your investment and expected returns in today’s dollars?
Return on investment (ROI) – how much of your original investment will you make back?
Payback period – how long will it take you to recoup your original investment?

Learn more at www.flannelguyroi.com

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Trimurti carving of Hindu gods Vishnu Shiva Brahma
06/12/2016
Intro: Personal finance types, myself included, often recommend making small lifestyle changes to save more money for retirement. A prominent example is the latte effect, which holds that... read more
man in glasses drives red car
02/28/2016
Abstract: Buying a Honda Accord Sedan instead of a Honda Pilot SUV saves roughly $25,000 over 10 years. But both cars are still going to cost a whole lot when all operating and ownership... read more
water splashing in woman's face
01/10/2016
  Water upgrades… a drop in the financial bucket or a tidal wave of savings? Abstract: Upgrading toilets, faucets, and shower heads in a 2-person, 2-bath home saves about $450 over 10... read more
stacks of dollar bills rubberbanded
11/22/2015
Intro: Regular readers will know that I’m always talking about and incorporating time costs into my ROI Analyses. The idea is that nobody’s time is really free. We all trade time for money... read more
multiple bare lightbulbs hanging from wooden ceiling
11/01/2015
*Update: As commenter Cal Cho mentioned, there is evidence that LED lifespans can be shorter than what manufacturers claim. This means that LEDs, at least how they are currently priced, are not... read more
close up of marijuana growing
10/18/2015
Abstract: With more and more states legalizing recreational and medical marijuana, it seems fair to challenge the bias against pot.  Pot is arguably three times less harmful for... read more
curved shelves of public library lined with books
08/30/2015
Introduction: If someone would pay me to read literature I would never have to work another day in my life. I love reading. Some people have bumper stickers that say, “I’d... read more
legs of mechanic under VW Bug
08/16/2015
Background: Ah, a quintessential image of American manliness, a dude changing his own oil. Grease-stained jacket, crew cut, work rag, socket wrench in hand. Self-sufficient to the max, except the... read more
piggy bank on pile of cash
08/02/2015
Background: A good friend of mine loves to admonish people that “less is always more,” which is sort of funny coming from a guy who lives very large.  I mean, this is a guy that used to smoke... read more

Pages

Trimurti carving of Hindu gods Vishnu Shiva Brahma
06/12/2016
Intro: Personal finance types, myself included, often recommend making small lifestyle changes to save more money for retirement. A prominent example is the latte effect, which holds that... read more
man in glasses drives red car
02/28/2016
Abstract: Buying a Honda Accord Sedan instead of a Honda Pilot SUV saves roughly $25,000 over 10 years. But both cars are still going to cost a whole lot when all operating and ownership... read more
water splashing in woman's face
01/10/2016
  Water upgrades… a drop in the financial bucket or a tidal wave of savings? Abstract: Upgrading toilets, faucets, and shower heads in a 2-person, 2-bath home saves about $450 over 10... read more
stacks of dollar bills rubberbanded
11/22/2015
Intro: Regular readers will know that I’m always talking about and incorporating time costs into my ROI Analyses. The idea is that nobody’s time is really free. We all trade time for money... read more
multiple bare lightbulbs hanging from wooden ceiling
11/01/2015
*Update: As commenter Cal Cho mentioned, there is evidence that LED lifespans can be shorter than what manufacturers claim. This means that LEDs, at least how they are currently priced, are not... read more
close up of marijuana growing
10/18/2015
Abstract: With more and more states legalizing recreational and medical marijuana, it seems fair to challenge the bias against pot.  Pot is arguably three times less harmful for... read more
curved shelves of public library lined with books
08/30/2015
Introduction: If someone would pay me to read literature I would never have to work another day in my life. I love reading. Some people have bumper stickers that say, “I’d... read more
legs of mechanic under VW Bug
08/16/2015
Background: Ah, a quintessential image of American manliness, a dude changing his own oil. Grease-stained jacket, crew cut, work rag, socket wrench in hand. Self-sufficient to the max, except the... read more
piggy bank on pile of cash
08/02/2015
Background: A good friend of mine loves to admonish people that “less is always more,” which is sort of funny coming from a guy who lives very large.  I mean, this is a guy that used to smoke... read more

Pages