The term of art is Naturally Occurring Retirement Community, or NORC.
This is an idea I have really come to believe in! CapitolOne (formerly ING) lets you set up an arbitrary number of savings accounts with whatever names you want and it's great. I have five separate accounts for separate things, which may be a sign of a disorder, maybe? But I love it. Just set up one to buy all-access passes for my wife and I at the Maryland Film Festival next year. $500 always seemed like a ridiculous daunting/amount of money for this, but $42 a month doesn't!
@echolikebells if you like pasta/sauce and/or have access to a microwave at work, that's usually much less sad-seeming than a soggy sandwich or whatever. Get a classy bowl to eat out of and keep it at the office!
Our expenses can fluctuate quite a bit from week to week, but over the past year my wife and I have spent on average $175 a week for the two of us. We do one big grocery run to Safeway once a week and supplement at Whole Foods and the small grocery store up the street. This figure also includes money we spend at the Farmer's Market, which I take out in cash but put in a special farmer's market wallet so I can keep track of it.
Out of curiosity, does that $300/week cost for the private chef include the groceries/ingredients, or just the chefly labor? Because $300 week for groceries and prep for 5 prepared meals for two adults and three kids is ... not exactly frugal, but not exactly Caligula-level extravagant either.
I do genuinely understand that there are people who fall into this, but I wish articles like this didn't present this scenario as something you will INEVITABLY fall into if you get a credit cards with points. I just started using a B of A cash rewards card this year (1% back on everything, 2% on groceries, 3% on gas). I pay the bill every month and don't pay interest. I keep meticulous records in Quicken of what I spend. Much of what goes on the card is actually recurring bills that are already in my budget so in essence I'm just writing all those checks at once instead of several at a time. And you know what? I don't spend more than I did before, and yet I'm getting free money back from it. Yes, it takes more accounting overhead and a bit of willpower to do it right. I don't judge people who don't have the time or inclination to do this as being bad or wrong somehow, but don't judge me as being some kind of doomed sucker.
Yglasias will get more blowback for rating Voyager over the Original Series than he got for saying that Bangladeshis are totally fine with working in deathtrap sweatshops and we should be too.
I would probably sleep in a walk-in closet if I could use the room off which said closet extended as, like, my living room or something. I'm kind of claustrophilic and also like having my sleeping space distinct from everything else. Like, if I had a studio apt. with a big closet I'd probably set my bed up in the closet. But having to walk through someone else's BEDROOM to get to my BEDROOM is nuts. Even if it were a full-sized room, having to go through someone else's space to get to my space seems intolerable to me.
@jfruh But when will we reach this stage?
Haha, it looks like we've reache this stage!