Lance at Money Life And More first brought to my attention a post theme that’s been making its way around the personal finance blog niche. Originally started by Chase Bank, the idea is to get your thought on eight different questions that link together money and relationships. Read through my answers and let me know what your answers are in the comments below!
I’ve written a few posts lately about our adventures with choosing a roofing company. The initial process didn’t get off to a great start. Our first quote was taken on a whim, as I let someone in who was doing a door-to-door walkaround. I knew I probably wouldn’t use them, but was interested to see where a starting point was. He essentially told me it would cost around $13,000 to do our roof and I had to restrain myself from laughing in his face.
We moved on to the roofer that wouldn’t actually give us a quote, because he wanted us to outline the specifications.
Then, I started looking at various other sources and we started getting some reasonable quotes.
Here are the factors I used in determining our roofer:
Our roof is definitely due for replacement this year. Even though we didn’t move into the house until 2007, I know that the roof was installed sometime in 1998. Some of the building inspection stickers are still on the electrical box in the basement, and it indicates that the final inspection of the house was done in March of 1999. Since it takes a few months to build a house, I can safely surmise that the roof was installed sometime likely in the summer or fall of 1998. That would make the current age of the roof just under 15 years. Since over half of the houses in the subdivision have had their roof replaced, it’s reasonable to think that ours is not out of the ordinary considering the grade of shingles likely used
I’ve been starting to get some pricing and I am not liking at all what I’m finding. Just this year alone, the price of shingles have gone up roughly 9%. Looking at some chatter on Google in previous years, this has been pretty much the standard increase over the last two to three years.
The NFL season never ends, and even though it’s been over a month since the Super Bowl, there’s always something going on. Free agency and the upcoming draft are the current orders of business. It’s a great model if you have any ties to the NFL!
One thing that I’ve learned is that general managers in the NFL are great with making money decisions for the purposes of managing the salary cap, but that the same types of decisions would make them awful at dispensing any sort of personal finance advice.
Last week, the Dow Jones industrial average broke through all time highs. The Dow hit highs in October 2007, but pretty much fell apart after that, spending the next several months in free-fall before beginning a slow recovery that’s taken the last few years to complete.
So, the first thing to keep in mind, is that while a new record is nice, it basically means that the last five years were a wash. In other words, don’t pop the bubbly just yet.
Breaking a record always makes for good news. Whether it was Michael Phelps breaking all the swimming records ever in the Olympics a few years ago, or the chase for the home run record on several different occasions, a ‘new record’ is always something the media loves to latch on to.
This whole business of the new roof is getting tiresome already, and we’re still very far away from getting anything done.
Heck, I can’t even get some companies to come out and give me a quote. I’ve never had an experience like this.
I called JKM Roofing (of Michigan) that was referred to us by a neighbor who had their roof done last year, and it turns out my parents had used them a few years back as well.
I talked to the guy that answered, who was the owner, and explained that we were in the market for a new roof. He asked some pretty specific questions about what we were looking for, and I answered the best I could. He spent some time answering some questions I have about ridge vents, which is something I’m considering.
For us, bread use seems to hit spikes and valleys. I take my lunch to work every day, and while I normally take a sandwich, there are times where I take leftovers or a frozen meal. If these situations happen for multiple days straight, sometimes bread will sit for a while. At the same time, there are occasions where you use bread like it’s going out of style. Toast for breakfast (or better yet, french toast, yummm) or grilled cheese as part of dinner, and you’ll go through a loaf in no time at all.
Even with all this, we rarely ever have any bread go stale. And, we have learned a big lesson, which is to keep bread out of the refrigerator.
Living on a fixed income is not always easy. Unfortunately, retirees often encounter unexpected situations that they do not have enough money in their savings account to cover. It might be something simple like an appliance breaking, or it could be a medical emergency. While older people tend to have good credit scores, they also have a limited monthly income, which may worry lenders. If you need to apply for a personal loan, here are some tips to increase your chances of being approved.
Figure Out What You Can Afford
If you do not already have one, create a budget that shows your income and your expenses. For one thing, it will help you figure out how much of a loan payment you can afford. Secondly, it will also give you something to present to the lender that shows that you will be able to repay the loan. Even if you find out you can afford to borrow more money than you thought, only borrow as much as you need. Do not go any further into debt than you have to.