budget

Should you subscribe to a toilet-paper service?

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thIs arranging for regular delivery of items you use often – pet supplies, diapers, medical supplies and, yes, TP – a frugal hack?

Usually. Merchants like Amazon, Wag.com, Target and Drugstore.com will cut you a break on the prices and let you set the terms/quantities.

Although a super-couponer can often beat the subscription prices, not everyone’s willing to do that consistently (even with help from a site like CouponMom.com or a grocery app like Favado).

So it’s better to get a pretty good price all the time then a swell deal every so often.

For more on this, see my latest post on Money Talks News. “Does it pay to have diapers, toilet paper, dog food delivered to the door?” explains the ins and outs (and a few other advantages) of subscription services.

Although I’d taken a bit of a break from Money Talks News recently to work on a personal project, I’m now back in the saddle. Here’s what else has run lately:

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You know what’s hot? A money date.

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thHey, all you single men and women: Want to attract a mate? Work on your credit scores as much as your abs.

Of the 1,010 married adults surveyed by Experian, 95 percent rated “financial responsibility” as more important than “physical attractiveness” (86 percent) and “career ambition” (77 percent).

Not that romance is dead: “Personal compatibility” was the most important attribute in a potential partner, ranking at 98 percent.  

Financial compatibility is important, too; in fact, at 96 percent it edged out “sex and intimacy” (95 percent) and trounced “religion and spirituality” (69 percent). The thing is, plenty of people don’t talk about finances before they marry – and that’s a huge mistake.

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8 tips for living on your own.

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thA reader named Nancy, winner of a $10 Wal-Mart gift card in my fifth anniversary giveaway, contacted me to ask about the solo life.

“I’m about to live on my own for the first time, and this gift card will parlayed into something important, like toilet paper or spices,” she wrote. “Any advice you can offer on how to live alone…would be appreciated.”

Although I’m now quite happily partnered, I did live on my own from February 2005 until well into 2012. And I loved it. Loved, loved, loved it.

Possibly that was because I’d lived alone less than a year total in almost 47 years on the planet. Being by myself – no one to tell me what to do, to turn the TV way up, to track across the floor I’d just mopped – was a tremendous luxury.

When I became a midlife college student, that solitude felt not just splendid but necessary. I’d stagger through my apartment door, set down my book bag, kick off my shoes, prepare a simple meal and luxuriate in the quiet.

A major downside to living alone? Paying for everything.

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Got retirement questions? Ask ’em.

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thKiplinger’s Personal Finance and the National Association of Personal Financial Advisors will co-sponsor “Jump-Start Your Retirement Plan Day,” an eight-hour online chat, on Thursday, June 5.

You can ask questions in advance or just follow along on Twitter as 20 money professionals offer their professional advice.

Free professional advice.

Now that I’ve got your attention, check out the touchy-but-necessary topics these money mavens will discuss:

  • Saving for retirement – 401(k)s, IRAs and Roth IRAs
  • Taxes and retirement – including but not limited to estate and gift taxes
  • Earning while retired – Social Security and income investing strategies, whether you’ve already stopped working or merely making plans
  • “Financial challenges” – paying down debt, investing, saving for your kids’ college

To that last I’d add “boomerangers,” i.e., kids who come back after schooling or because of personal economic downturns. About three in 10 young adults are bunking with Mom and Dad, but this isn’t always voluntary; almost 10 percent of grads between 21 and 25 are unemployed and 16.8 percent are underemployed, according to the Economic Policy Institute.

By comparison, back in 2007 those figures were just over 5 percent and 9.6 percent, respectively. Ouch.

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Giveaway: “How to Coupon Effectively.”

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6Jzsjxlu5p2na58f6rGMjSLcrgc08TYIRKAAQTwdk44NfpSB2lsDn1hAaYExm8F10Nkd7xE4qGu41_5nTQGUxg=s478Lauren Greutman, who blogs at I Am That Lady, can put to rest most coupon myths. For example, as the mom of four young children she doesn’t have time to turn couponing into a full-time job.

Nor is her pantry full of prefab potatoes, salty snacks and garishly colored cereals; in fact, her family eats gluten-free and organic.

That’s why she wrote an e-book called “How to Coupon Effectively: Learn How to Save Thousands Per Year Spending Only 2 Hours Per Week.” She’s offered to donate a copy to give away this week, to help some lucky reader save money without getting calluses from clipping those Qs.

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The 10-cent bucket list.

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thThe other day I went to Wal-Mart to purchase gift cards for my current giveaway (which is open until 7 p.m. PDT May 9, if you haven’t already entered). While there I noticed carts full of deeply discounted Easter items.

Six-packs of Reese’s peanut butter eggs for 50 cents? I took four packages for the freezer, figuring my nephews might enjoy an ice-cold treat on a warm spring or summer day.

Then I saw the gallon-sized white plastic buckets with a pastel egg motif. Apparently these are designed for Easter egg hunts; filled with fake straw and treats, they’d also make good Easter baskets. And the price was right: 10 cents.

Heaven help me, I almost bought some. But then the frugal filter kicked in. Except that this time I’m calling it the “10-cent bucket list,” i.e., the questions I’m glad I asked myself before walking out with bags full of future clutter.

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What I’m writing elsewhere.

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th-1Consider yourself fortunate if your kids have summer birthdays, because they can have their parties outside.

This means they can rip and roar without doing much damage, vs. those winter parties when Pin the Tail on the Donkey turns into “blindfolded kid runs into table and knocks over vase,” or when sugared-up kids spill juice, smear frosting on the rug and otherwise rip up the joint.

Party supplies are just about to go on sale, which is one of the topics of my current post at RetailMeNot. In addition to birthday parties we’re also looking at graduation parties, the barbecue season and maybe even wedding-rehearsal dinners.

Disposable dishes and cutlery have improved considerably since I was a kid. The paper plates I remember had the feel – and the staying power – of a No. 10 envelope. They folded up in the direction of the heaviest foodstuff, and baked-bean juice always leaked through. The forks were wimpy little things too, tines snapping off when you tried to lift a bite of potato salad.

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The prom bubble has burst. Sort of.

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thAccording to a Visa survey of 4,000 people, families will be spending 14 percent less on the prom this year.

“I think people are realizing that prom is a dance, and you don’t have to spend like a celebrity to have a great time,” says Nat Sillin, head of U.S. financial education for Visa.

While I’m glad to hear spending is down, I’m still a little startled by the average price tag: $978.

Regionally speaking, the West Coast region pays the most and the Midwest the least (although more than last year). The Northeast registered a 27 percent spending drop since last year and the South 23 percent.

Here’s how that shakes down per family, per region:

  • Western, $1,125
  • Northeastern, $1,104
  • Southern, $926
  • Midwestern, $835

Doesn’t that sound like an awful lot of money for a high-school dance?

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Between the (budget) sheets.

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thRecently a financial company called Yodlee sent me a study about how financial worries influence sex habits. An astonishing (to me) 48% of U.S. students over age 18 find that concerns about cash affect their intimacy with romantic partners.

In fact, more than one-third (36%) of people aged 18 to 34 said that money woes affect their sex drives.

And here I thought that sex was one of those inexpensive things that could help take your mind off your bank balance.

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