What I Spend

Where are you and where are you going?
Scott 2
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Joined: Sun Feb 12, 2012 10:34 pm

Re: What I Spend

Post by Scott 2 » Sat Mar 09, 2019 1:10 pm

Years ago I spent a bunch of time exploring optimized car ownership models like MMM discusses. When it came time to execute, I didn't have the motivation to screw with it. Most of my accumulation activity is either mentally compelling or feels effortless. Not car shopping. My car dependency, coupled with zero interest in vehicles, is definitely a leak in my strategy.

I have invited car dealers that are still bothering me to beat the price I paid last week, presenting it as my current best available offer. Nobody has ever tried, so we probably didn't leave much in the table.

More uncharacteristic spending this week. The new car drives much different than the old car. I am a really bad driver anyways. So I got $80 of cones to practice driving around. I'm sure I paid too much, but it's the time I had available.

I have a friend coming in from out of country in June. I agreed to send my wife to Portland while he visits. She's always wanted to go to, but we never have, because I don't enjoy travel. That'll be $1500, mostly for an air bnb in the center of what she wants to do. I think it will maximize the experience per dollar spent, opposed to minimizing cost. Definitely post accumulation phase spending though.

My online backup vendor let me know with three weeks notice that the annual price is going up 30%. I can downgrade my plan and still meet my needs, actually saving $10 a year. But I am mad at them for deciding it's ok to effectively hold my backup strategy hostage. Three weeks is not enough notice for a change like that. It also makes me nervous about their long term viability. The rational choice here is to adjust my plan and see what happens. I am having a hard time letting it go though. Switching is a stupid use of my time.


I finally was able to return to the cheap gym today, after missing last week due to the car and work. It really suits me as a person. Objectively, using the exercises I haven't had access to in a year or more, I've gotten worse at my hobby. It has me thinking about how the thing I am best at in life, is my work. Not because it is what I like the most, but because of a natural ability and the massive volume of hours spent. Walking away from that sounds irrational. It's no wonder I've kept working after FI.

2Birds1Stone
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Location: Earth

Re: What I Spend

Post by 2Birds1Stone » Sun Mar 10, 2019 8:11 am

2Birds1Stone wrote:
Wed Sep 19, 2018 8:20 pm
I started yesterday. Got some baseline test lifts in. 250 lb squat, 315 lb dead, and 235 lb paused bench.....800lb total @ 201 lbs body weight.
Things have been progressing as we come up on the 6 months of actually lifting weights regularly. Most recently,

S - 315 x 3, 3
B - 265 x 4, 4, 4
D - 405 x 5, 5

Scared of testing 1 RM's at these weights. My joints are not what they used to be. Predicted = S - 350, B - 295, D - 455 for ~1,100 total.

You slowly getting back to more regimented lifting?

Scott 2
Posts: 1343
Joined: Sun Feb 12, 2012 10:34 pm

Re: What I Spend

Post by Scott 2 » Sun Mar 10, 2019 10:32 pm

That's great progress for six months training, especially given your work demands.

My current approach is casual. It's rare the intensity goes beyond a 7 of 10, and I shamelessly miss days when time is hard to find. Since sorting my work issues, the motivation to break new ground isn't there. My need for control is already satisfied.

I have a rough plan of upper or lower, but do whatever sounds fun. Weekdays have been some activation work and one or two big compound lifts. Weekends a variety of smaller compounds and isolation work, taking advantage of equipment I don't have at home. I keep meaning to include a speed day using my specialty bars, but taking this week as an example, I opted to visit the Indian buffet for lunch instead.

I'm sure I could find more intensity while lifting, but I cannot deliver on the out of gym support. Staying consistent on the food, sleep and active recovery is unappealing at the moment. Outside of having an outlet for control, I never enjoyed time spent on recovery.

I am curious to see if time at cheap gym changes my perspective. There was one guy pulling mid-fours yesterday, benching low threes today. Being around that can only help.

Scott 2
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Joined: Sun Feb 12, 2012 10:34 pm

Re: What I Spend

Post by Scott 2 » Fri Mar 15, 2019 8:41 pm

Spending is back to normal. I paid the stupid backup vendor and let it go. I added a backup drive to my "to buy" list. Hopefully I get to it before the vendor fails.

I wrote up the shopping list of everything I could think of to buy, sort by ascending price, started looking for the first item, then got annoyed and gave up.

I am also currently running laundry because I have no clean shirts, underwear, socks or shorts to wear for the gym tomorrow morning.

Scott 2
Posts: 1343
Joined: Sun Feb 12, 2012 10:34 pm

Re: What I Spend

Post by Scott 2 » Sun Mar 17, 2019 2:24 pm

I let go of the idea that my purchases need to be perfect and checked off a bunch of the "to buy" items. I typically spend hours agonizing over every little detail, so this is a strong departure from normal. If I blow a couple hundred bucks on bad decisions, it's not the end of the world.

The only true face punch item is a $350 pair of wireless noise cancelling headphones. I don't know if I'll keep them, but I've wanted to try a pair for years. I am overly sensitive to noise and have been told they could be a life changing. I'll find out.

What I didn't buy, is any of the hard stuff. Pretty much everything else on the list requires time. I need hours to either:

1. Use the item
2. Educate myself enough to pick the right item
3. Find and hire the correct professional to do work

Life gets busy this week, so it'll be awhile before I knock anything else off.


The stupid backup vendor got so much blow back from their pricing change, that they rolled it back and gave me 3 months free service. They also claim to be financially stable. I don't fully believe them and have a 4 terabyte backup drive coming.

bigato
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Joined: Sat Mar 05, 2011 12:43 pm

Re: What I Spend

Post by bigato » Sun Mar 17, 2019 6:36 pm

I guess I know which phones are those and I had the same kind of review from highly reliable friend, whom is also very sensitive to sound and also happens to be a music. Considering the crazy price I'd pay here from my country considering import taxes and shipping costs, I ended up buying a cheap alternative first, that does not even have real noise cancelling, just because the price buying from here would be nuts. But I'm very interested in your impressions about this model that you bought, after you use them for a while, since we both seem to share this same sensitiveness to stimuli.

Scott 2
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Joined: Sun Feb 12, 2012 10:34 pm

Re: What I Spend

Post by Scott 2 » Fri Mar 22, 2019 5:01 pm

I spent the week at a work conference. It was good, but a lot of people. In the immediate term, it is a wash financially. Long term, maybe the investment in my career will yield more dollars earned.

I have integrated most of the new purchases into my life.

I tried the expensive headphones in a hotel, walking down a city street, in a cab, in a train station, on a train, in an uber, walking in the suburbs and in my house. They absolutely work for noise cancelling. I was able to listen to a podcast, at low volume levels, in all environments. I even took a call with them. They are well designed and work as advertised. Price is the only thing to complain about.

It's nice to have headphones work in noisy environments. They also seemed socially acceptable to wear in my Uber and cab rides, which outside of the noise reduction, acted as a great barrier to forced small talk. I am unsure if they lead to a reduction in cumulative travel stress, which is key in justifying the price. I have another trip within the return window and will decide after that.

I believe based upon online articles, that if wireless noise cancelling headphones is the need, the Bose price premium is justified. I think for pure silence, I could get better results with noise blocking ear muffs over ear plugs. That solution would be much cheaper, but also more hassle and socially weird.

bigato
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Joined: Sat Mar 05, 2011 12:43 pm

Re: What I Spend

Post by bigato » Fri Mar 22, 2019 6:01 pm

Oh I was thinking it was the last sony, since I heard they are better at noise cancelling than the Bose. Thanks for the info.

I started using a pair of cheap Edifiers which are kind of "passive noise reduction", and I noticed some curious stuff. Other than the profound calmness that comes from being able to focus without the noise, there was a very curious effect when walking around on the street. I seemed to have an improved capacity to notice people's social clues, like the way they look at me or other people. This was intense and a revelation, as if the the brain processing power not being used to process the noise meanings was freed and available to process social cues. After all, the music itself was predictable and didn't carry as much meaning as the noises in the street. Did you notice anything like this on you?

Scott 2
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Re: What I Spend

Post by Scott 2 » Fri Mar 22, 2019 6:23 pm

I also considered the Sony headphones. There are supposed to be problems with Sony's touch controls in below freezing weather. That is a deal breaker for me. I can't imagine the noise cancelling working any better.

The conference was too exhausting for me to notice an impact on social cue processing. I will watch for it. I've been home for hours and am still wearing them, so I do think there's a calming effect.

Cheepnis
Posts: 154
Joined: Mon Dec 31, 2018 11:52 am

Re: What I Spend

Post by Cheepnis » Sun Mar 24, 2019 10:19 am

Those headphones sound like they're awesome! Always kind of dreamed of having a high end pair of headphones. I'm unsure if I'd use them enough to justify the cost. Ironically I'm listening to music on a second hand pair of Audio Technica's right now, but I pretty much only use them on the weekends if I'm wanting to listen to something in the morning. Are you finding the wireless aspect is adding to your use of them? Sometimes I think a wireless set would incline me to use a pair more and other times I think that's just bs I'm feeding myself to justify splurging haha.

Scott 2
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Joined: Sun Feb 12, 2012 10:34 pm

Re: What I Spend

Post by Scott 2 » Sun Mar 24, 2019 1:41 pm

They're too new to say if the wireless means I'll use them more. It is easier, but the price makes me cautious. I wouldn't wear them to the gym or leave them laying around at work. I don't like worrying about my stuff, that's a big negative.

The wireless feature is is nothing like headphones from 10 years ago. Back then, I couldn't stand the constant low hum or screwing with batteries. The Bose are crystal quiet and only have to be recharged every 20 hours.

I bet the quality of the wireless is better attributed to Bluetooth progress than the specific pair of headphones. I have to believe good wireless is available at a much lower price point.

If not for my noise sensitivity and travel obligations, I'd definitely explore lower cost options. My standards for sound quality are very low. I'm coming from a 20 year old pair of $15 ear buds.

Are wireless headphones even a good option for listening to records? Wouldn't the analog to digital conversion be a negative?

Cheepnis
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Re: What I Spend

Post by Cheepnis » Sun Mar 24, 2019 9:43 pm

Records aren't my only means of listening to music. Lots of great music that wasn't/isn't pressed.

That aside I try to keep my head far enough out of my ass to not fall into the "pretentious sound quality snob" trope. People can't reliably tell the difference between vinyl and digitised vinyl in blind tests anyway.

prognastat
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Re: What I Spend

Post by prognastat » Mon Mar 25, 2019 11:40 am

I used to have Beats Studio Pros. Don't castigate me on either the cost or quality as I won them in a performance based raffle at work. They were noise cancelling and wireless. My first set broke in just under a year the housing on the band cracked and fell apart. They replaced it free of charge. On the second set the wireless broke just over a year in, but at least the wired connection worked for another 2 years before the hinge snapped on them making them useless.

I now got a pair of these:
https://www.monoprice.com/product?p_id=8323

They're so cheap I don't worry about leaving them unattended or feeling too concerned if they were to break. After my experience with the wireless failing on my last set of headphones I opted for the non wireless version which was a little cheaper. The lack of noise cancellation is a little noticeable, but due to the over ear cups a lot of noise is cancelled out already doing a large portion of the work noise cancellation does. The only thing I did notice is that the sound quality isn't quite as good, but at least it still far outperforms any in ear headphone even those that cost far more.

For me I end up being happier with the cheaper pair as most of the more expensive features weren't much of an improvement for my experience and those that were just weren't worth the added cost. If you are an audiophile and care about accurate sound production you will probably want to splurge though.

Scott 2
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Re: What I Spend

Post by Scott 2 » Mon Mar 25, 2019 5:59 pm

I am surprised how much I enjoy the expensive headphones. I wore them most of the work day today. Taking my calls hands free, with no mic in front of my face, was great. I also found myself more immersed in the work. I think this is going to be a "can I have nice things?" scenario. If they don't break and I don't lose them, they are worth the money. I'm likely to use them for 1000 hours over the next year.

If they fail, the replacement will require a search for "good enough" at a more reasonable price point. I think comfort, wireless, noise cancelling and hands free calls are all valuable features. I have a pair of $50 Sony over the ear headphones, similar to the cheap model prognastat linked. I don't use them.

prognastat
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Re: What I Spend

Post by prognastat » Mon Mar 25, 2019 6:19 pm

My main recommendation is if sound quality is worth the extra price then go for it, but I would make sure before splurging(though if you do I wouldn't go with beats XD you can get a much better headset for the same price as those)

Scott 2
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Re: What I Spend

Post by Scott 2 » Fri Mar 29, 2019 2:03 pm

All the new purchases are fully integrated and my accounts have recovered. I am keeping the expensive headphones.

I am enjoying quality of life improvements from the spending and might be motivated enough to knock a couple more items off the buy list this weekend.

I made a change at work that puts my professional development in front of my peers every week. It means they are helping me both stay motivated and to learn. I am enjoying the change.

Scott 2
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Re: What I Spend

Post by Scott 2 » Sat Apr 20, 2019 1:18 pm

Been awhile since my last update.

The biggest financial shift, is trying to remove money from consideration. Objectively, I know it is not a primary constraint, but frugal habits are hard to break. If I want a drink, some food delivery, an electronic device, or whatever, I need to grab a good enough item and move on. Worrying about sales, lowest available price, optimizing value, etc. is a waste of my life.

I also took some time to adjust my insurance relative to my tolerance for financial risk. This involved raising deductibles. My home insurance is at $10k, car at something like $2k. My insurance is only for catastrophes.

Investment performance remains underwhelming. Salary is causing steady growth in net worth anyways. I am sitting on a lot of cash in CDs / money markets (roughly 20% of non-housing assets), with no near term plans for it. Other than maxing my 401k and Roth savings are going into cash accounts. Not great, but I don't have a better idea in the near term.

I finally ordered more things off the internet this morning, only around $100 this time. I don't like shopping. I continue avoiding home investments, reflecting uncertainty about optimal living location.


Putting my professional development in front of my coworkers has been particularly motivating. I've been doing a lot of extra hours, using our systems to educate myself on build and release automation. I find the learning both interesting and compelling. I have significant progress over the course of a month, but it eats into my other priorities. It is effort I get to "keep" though. Each milestone changes my work day.

Making the extra time has meant more food delivery, both instacart and door dash. I'd roughly estimate $150 dollars spent over the course of the month. It is efficient to ignore eating, other than tapping on my phone for 30 seconds to get a burrito delivered.

Video games are out, due to a lack of available time.


I had a work trip with the noise cancelling headphones. They were a big help. Assuming they last at least a couple years, they were definitely worth the money. My fear remains losing or breaking them.

I under estimated the drain that constant low level noise has on me. I did learn that my tolerance for wearing them in a loud environment is lower than a quiet one. The sound pressure makes my ears hurt, and it happens faster in a loud place.

I took the time to pack food for my work trip. That also caused a big improvement in the experience, but is a sizable time investment. Eating in every meal makes recovery from travel a lot easier.


Lifting remains casual. Accounting for my work impaired sleep, it's rare to take my effort over 8 of 10. I am averaging 3-5 sessions a week, ranging from 1-2h. My full plan is:

Tues - Lower Heavy, 2-3 big exercises, sets of 5
Wed - Upper Heavy, 2-3 big exercises, sets of 5
Fri - Speed work - 2-3 big exercises at 60% for 5-6 triples. Grip work.
Sat - Lower Reps - 6-8 so exercises for 3-4 sets of 8-12
Sun - Upper Reps - 8-10 or so exercises for 3-4 sets of 8-12

Got some warm up / cool down around those. Speed day is most likely to get skipped. Sometimes my upper/lower sessions during the week are combined for a full body workout. I walk around the neighborhood most days too.

Scott 2
Posts: 1343
Joined: Sun Feb 12, 2012 10:34 pm

Re: What I Spend

Post by Scott 2 » Sat May 18, 2019 9:21 am

Finances remain about the same. Focus remains on a tranquil life. Notable events:

I stopped trying to get the best deal on pet supplies and setup an auto-ship. Two cats are about $940 a year. The senior one gets a premium wet food that is half the cost.

My wife took her yoga retreat to Mexico, which I bought for her at the end of last year. She experienced an international, tropical vacation for the first time. I got to stay in my quiet, climate controlled home. I am very happy with the outcome.

My credit card number was stolen. Since I've been through this before, I had a backup credit card ready to go. Thanks to a password manager and financial monitoring, I only lost an hour to the issue. I'm pretty happy with that level of resilience.

The fancy gym opens their outdoor pool later this month. I am looking forward to re-activating membership. The swimming, hot tub and sauna are all much cleaner than my cheap lifting gym.

We fostered a dog from the animal shelter for a few days. I confirmed once again, while I enjoy other people's dogs, I don't want to take care of one.

Work
I booked hotels for my work travel through September, to avoid summer price hikes. Instead of suffering through a day trip, I'm dropping $200 to stay 2 nights in a hotel and travel mid-day. Staying employed feels much easier this year than it did last.

Build and release automation is gaining traction at work. One of my most common manual tasks is now with the team that depends on it. About 1/3 of the time they would have needed me, they click a button instead. The over time has been rough, but changes will snowball and transform my role.

The goal is to replace simple urgent tasks with complicated low pressure projects. I am specializing in a high demand skill well suited to my personality. It lets me get further from my prior specialization, in project management. While I excelled at it, the relationships were draining. I want to work with less people.

One of my least favorite coworkers got a new job and is gone at the end of this week. His favorite phrases were "I agree" and "I forgot", so I am thrilled about the change.


New house?
My wife and I scoped out some smaller ranch homes in a less affluent neighborhood.

Our current townhouse is two stories (1600 square feet), plus an unfinished basement. It values at roughly $260k. These houses are 900 square feet, single story, no basement. They value around $160-180k.

A move would free up $160k of net worth for other things, in a FIRE scenario. We'd free up capital, end association dues, and have less to maintain. Living in a smaller space is simpler, which is a lot of the appeal to me. We'd gain a yard, which has pros and cons.

Break even on a move would be around 3 years. The dramatic space reduction would mean lifestyle compromises. We could dislike the younger, more diverse, working class neighborhood. We might lose some privacy. Despite being a townhouse, our current home backs up to a forest preserve.

No immediate action plan, but it's good to understand the option.

Cheepnis
Posts: 154
Joined: Mon Dec 31, 2018 11:52 am

Re: What I Spend

Post by Cheepnis » Sat May 18, 2019 1:57 pm

Depending on the climate you live in I would hazard that a reduction of maintainable building w/ addition of yard would yield a net positive in maintenance effort required.

My philosophy in regards to yard type work is it's worthless unless I can eventually eat it. So maybe turn the whole thing into a garden!

Scott 2
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Joined: Sun Feb 12, 2012 10:34 pm

Re: What I Spend

Post by Scott 2 » Sat May 18, 2019 5:46 pm

If I were to do the yard work or exterior maintenance, it'd definitely be an uptick in effort. It's likely I'd hire it out, especially while working.

I am accounting for that in my estimates. Town home living is surprisingly cost inefficient. Association dues are $3k a year. The board spends like our neighborhood is a botanical garden.

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