This probably sounds strange coming from a guy who has been anti-budget all his life. Besides, haven’t I paid off all my debt? Don’t I have a positive cash-flow of over $1,000 per month? Yes, these things are true. But I’ve noticed something troubling: I’ve begun to experience that lifestyle inflation I’m always warning others about.
Lifestyle inflation is the natural tendency to increase our spending as our incomes increase. When we get a raise at work, we’re likely to spend more at home. A little lifestyle inflation is fine. But there’s a real danger of becoming too comfortable with increased spending. Once we become accustomed to a certain lifestyle, it’s difficult to cut back.
Cracks in the Foundation
On our flight home from Orlando, Kris and I talked about my spending. It has increased in recent months. Some of this is deliberate. I’ve made a conscious decision to allow myself to spend more money on Wants. I can afford it. The trouble is that I’ve begun to spend indiscriminately again, and I’m afraid that’s a slippery slope. I’ll buy random magazines at the grocery store, or pick up a game for the Wii that I’m only half interested in.
I’m certainly not spending beyond my means, but I’ve begun to make more impulse purchases. I want to correct this now — before it becomes a problem. In the past, I’ve used a spending plan to help me meet my goals, and more recently I’ve been following the broad outlines of Elizabeth Warren’s balanced money formula:
But sometimes broad outlines aren’t enough. In this case, Kris suggested that a budget might help curb my impulsiveness, and I think she’s right. With a budget, I can set specific goals. I can focus on the things I really want instead of just spending on random things that appeal to me in the moment.
So, I’ve decided to create a budget. Not a comprehensive budget — my Income, Needs, and Saving are all fine — but a budget for my Wants. I want to exercise discipline in this area so that I’m spending on things that are actually important to me instead of random stuff, stuff that ultimately turns into clutter.
Blueprint for Success
To start, I reviewed my discretionary spending from last year and compared it to the totals from the first four months of 2009. This is where tracking every penny you spend can prove valuable. By comparing my past spending to my present spending, I’m able to detect trends. It’s very clear, for example, that I am again spending too much on dining out. Time to cut back.
Next, I thought about my goals. What is it that I really want to do? Lately, travel appeals to me. Kris and I both would like to take a vacation to Europe in 2010. To make that happen, I need to save. This gives me a medium-term goal to save toward.
Finally, I allocated a specific amount of money toward my monthly Wants. Remember, because I’m self-employed, I have an irregular income that passes through my business account first. If I pull out $2500 per month (after taxes) to act as personal income, that gives me $750 to spend on my passions. That should be plenty.
Note:Based on my Income, Needs, and Saving, I can afford to allocate $750 for Wants. This might seem high to some GRS readers. It would have seemed high to me once, too. But because I’ve paid off my consumer debt, I have $750 per month to spend on the things that make me happy.
Building the Budget
After collecting the data and setting my goals, I made a first pass at a budget. This is what I’ll use for June and July:
Books: $50/month
Comic Books: $50/month
Entertainment: $50/month
Clothing: $50/month
Charity: $50/month
Dining Out: $200/month
Vacation 2010: $200/month (plus small windfalls)
Miscellaneous: $100/month
Obviously, you might make different choices. I know that many GRS readers are avid contributors to charity, for example, and I suspect few of you budget for comic books! These are the allocations that seem to make sense for me and my situation. I’m sure that I’ll make changes to this budget as I work with it in the real world.
Actually, I have a lot of questions about how a budget should work in the real world. Because I’m a budgeting novice, I could use some help. I’m hoping that you experienced budgeters can answer some of my questions:
How often do you re-evaluate your budget? Do you make monthly adjustments? Quarterly? Yearly?
If you go over budget for a month, what do you do? Do you make immediate adjustments? Or do you simply try to correct things the following month?
What if I go under budget in a category? Does that mean I get to carry that money into the next month? Can I use it for a different Want category? (Perhaps sweep anything extra into the Vacation fund?) Or does does that money go to Saving instead? Or should I donate it to charity?
How do you track your spending against the budget? If I used the envelope system, I’d allocate the actual cash to each account before-hand. But what if I don’t want to have that much cash around the house? Is there a good way to keep track of current spending in each category? Should I carry a notecard with my monthly spending on it? (That seems to be what Bargain Babe recommends.)
Do you try to further reduce spending on these categories? For example, should I try to drop my budget for Dining Out even more?
This is a strange new world for me. Over the past year, I’ve been pursuing more and more advanced personal finance subjects and concepts. Yet here I am, in better financial shape than ever, about to implement a basic skill I’ve never mastered before. That’s okay. I believe it’s important to continue focusing on the fundamentals even as we tackle more advanced topics.
My Discretionary Spending: Bits and Pieces
I want to talk about a couple of my spending habits. One is a worrisome trend, and one is a thing I’m doing right.
Food for Thought
Long-time readers know that Kris and I love to dine out. It’s one of those things we’re willing to spend on. We cut corners in other areas of our lives so that we can afford to make this happen. Still, I’ve been concerned about my restaurant spending for the past couple of years. It seems a tad excessive.
How’d I do last year? Well, my grocery spending dropped, but my restaurant spending went up again — a lot. Here’s a look at five years of data:
In 2005, we spent $1423.39 to dine out 100 times, for an average cost of $14.23 per meal.
In 2006, we spent $1869.58 to dine out 108 times, for an average cost of $17.31 per meal.
In 2007, we spent $2051.93 to dine out 84 times, for an average cost of $24.43 per meal.
In 2008, we spent $2628.08 to dine out 77 times, for an average cost of $34.14 per meal.
In 2009, we spent $3443.61 to dine out 69 times, for an average cost of $49.91 per meal.
Holy cats! Will you look at those numbers? We’re only dining out about half two-thirds as often as we were in 2006, but we’re spending nearly three times as much per meal. At the current rate of spending growth, we’ll be spending $300 per meal in 2015! Since I can afford our current spending — I’m not living beyond my means — the real question is: Am I getting my money’s worth? I’m not sure that I am.
If I’m honest, I have to admit that I don’t like the idea that we’re paying $50 per meal. I’d much rather return to our former habit: Dining out more often, but spending less each time. To that end, I’ve been brainstorming ways we can work to cut costs:
We could do a better job of looking for discounts. We have an Entertainment book, and the local paper often features specials at local restaurants. We should take advantage of both of these. We used to do this, but have fallen out of the habit (primarily because we’ve become so used to eating at the same places again and again).
We need to find more cheap places to eat. Half the fun of going out is just going out. Sure, we love the fancy restaurants, but we used to be happy with Dairy Queen. (This is lifestyle inflation in action!) The real problem is that the cheap places I know and love (Cha Cha Cha and Imperial Garden) aren’t Kris’ favorites. We need to find cheap places we both like.
When we do eat in the same old haunts, we need to make an effort to reduce our spending. It’s okay to have an appetizer, entree, dessert, and drink all in the same meal now and then, but we could save money by cutting one or two of these from the mix each time we dine out.
Finally, we should invite friends to our home for dinner more often. As soon as the book is done (getting close!), I’m going to make a habit of inviting one family to dine with us every couple of weeks. We used to do this a lot, but have fallen out of the habit. It’s fun and frugal to have folks over for dinner.
So, that’s one part of my financial life that still needs work. Next, let’s look at something I’m doing right.
Tangent: Portlanders, help me out. What are your favorite cheap places to eat around town? Bonus points for inner southeast, West of 39th from Hawthorne south to Oregon City.
A Waning of Want
Here’s something that amazes me: We’re twelve days into the year and I haven’t spent anything yet on personal expenses. I haven’t even felt the urge. I’ve bought gas for the Mini and groceries for home, and Kris and I went out to lunch last Friday, but I haven’t spent a dime on gadgets or books or games or toys or magazines.
“Big deal,” you might say. “That’s how it should be.” You’re right. But for me, this is a big deal. All my life, I’ve had the uncontrollable urge to buy Stuff. It used to be that I couldn’t go more than a day or two without buying something. Even while writing this blog, that’s been the case. (I’ve just learned to channel my desires into smaller, cheaper things.) Now, as last, I seem to have licked it.
I still want things — no question! — but I’ve become very good at ignoring the wants and moving on. How?
Sometimes, I just put down the thing I want, turn off my brain, and walk away. I force myself to stop thinking about it. (Usually by thinking about something else — like our upcoming trip to Europe, and how I need to save for that instead.)
If I still want the thing when I get home, I put it on my Amazon wish-list. For whatever reason, that’s often enough to satisfy the strange inner workings of my mind. I feel comforted knowing I’ve let myself put it on a list where I won’t forget it.
I’m very good about using the 30-day rule to control my impulse spending. My Amazon wish-list plays a role in that, but so does my mountain of index cards. (My life wouldn’t be complete without index cards.) I have a handful of cards on my desk filled with notes about the things I want. It’s amazing how many times I sort through this stack and end up throwing cards away because I no longer want the item I’ve written down.
These techniques help me deal with desire. They don’t quell it completely — nor would I want them to — but they do keep it in check. That last rule is probably the most effective. By delaying purchases 30 days, I don’t feel like I’m denying myself. I can still buy what I want if I want it 30 days later, but I’m not just giving in to impulse spending. (When 30 days rolls around and I do still want something, it actually feels pretty good to be able to buy it.)
My current spending moratorium isn’t permanent, and I know that. In fact, the new Dick Tracy anthology comes out tomorrow, so if nothing else, I’ll be shelling over $25 for that.
Remember: there’s nothing inherently wrong with spending money on things that bring you joy. Problems arise when you finance these purchases with debt. If you’re meeting your other financial goals and have money left over, it’s good to indulge your interests and passions. Just make sure you’re getting value for the dollars you spend.
A Look Back to Previous Years
I believe there are two components to building wealth:
Reducing costs
Boosting income
Doing one or the other can help you meet your goals, but to really succeed, you must do both. My goal has been to create a significant positive monthly cash flow. I’ve managed to do this. But as my income increases, so does the temptation to spend more. Have I been able to fight the urge? It’s time for the annual review of my largest sources of discretionary spending:
Although I use comics as a prop for laughs at Get Rich Slowly, I’ve genuinely struggled with my spending on them in the past. Not this year. I made vast improvements in 2008, actually spending less on comics than I had planned. There are two reasons for this. First, I’ve narrowed my focus, collecting only those titles I most desire. I’m also making an effort to read all of the books I’ve bought but never finished. These two changes have helped me to spend less on this hobby.
At one time, I spent over $200 a month on books. Now I spend less than $40. I’m content with this number, especially since many of these are for our monthly book group. One reason my inclination to buy books has decreased is that I’m able to purchase personal-finance books through Get Rich Slowly, the business. (Plus authors and publishers send them to me for free.) This gives me a never-ending source of reading material, and makes me less inclined to spend time in a bookstore. And again, I’m trying to read books I own but have never finished.
Entertainment (2005: $478.81, 2006: $543.55, 2007: $1094.83, 2008: $897.91)
This number isn’t as bad as it seems. It includes two Decemberists concerts for me and Kris, and it also includes some of our television viewing. (Remember that Kris and I cut back to basic cable, and now we watch TV through Netflix and through the iTunes Music Store.) There’s also a one-time $236 event here that ought to have been a business expense. I’m not unhappy with my spending on Entertainment.
Many personal finance writers view pets as an unnecessary expense. To me, $35 a month to keep four cats is a bargain. It only costs me about a quarter a day for each animal, and they bring much more joy to my life than that. If Kris would let me, I’d be the “crazy cat lady” on the block. (Are there “crazy cat gentlemen”?) Note that our actual pet expenses are greater. Kris pays for their food, and that’s not reflected in these numbers
This includes wine, liquor, pipe tobacco, poker nights, etc. I don’t smoke regularly, but I do smoke a pipe maybe a dozen times a year. Most of this expense is for alcohol at dinner parties and social gatherings. My alcohol consumption did increase during 2008, which is a concern, but that’s not the reason for the increased spending. For the first time ever, we bought a couple of cases of wine. This will actually reduce the “wages of sin” in the long run, but it bumped the number for 2008.
Although this report is interesting, there are problems with my methodology. For example, I’ve included my grocery spending above (although it’s not really discretionary), but have not included spending on exercise equipment (which is discretionary). Also, Kris pays for much of our grocery shopping. Because we keep separate accounts, her share of that expense isn’t reflected in these numbers.
In order to be consistent from year-to-year, however, I’ve elected to continue reporting the same expenses in the same ways. You’ll have to take my word that the figures here are representative of my spending as a whole. This annual report is sort of like tracking a stock market index, I guess. It doesn’t reveal nuances, but it’s still a useful indicator of the Big Picture.
So despite cutting back on the areas that are really important to me — books and comics — my spending increased. And most of that increase came from dining out.
How did you do on your spending goals last year? Are there areas where you wish you spent less? If so, what strategies do you use to keep yourself in check?
Inside: Looking for fun things to do with friends? Look no further! This guide has 101 fun activities for you and your friends to enjoy. From painting parties to bowling nights, there’s something for everyone.
Do you ever feel like you’re in a rut, doing the same things with your friends all the time?
If you’re looking for some new ideas for fun things to do with friends, look no further!
We’ve compiled a list of fun activities for friends to do so you can find something that fits your mood.
Whether you want to get active and try something new, or stay in and relax together, we’ve got you covered.
So round up your besties and get ready for some fun!
Why spending time with friends is important
Spending time with friends is an essential aspect of human life. It provides us with an opportunity to bond, socialize, and create lasting memories.
The benefits of spending time with friends are numerous, and they range from improving our social skills to reducing stress levels.
By participating in activities that allow us to spend quality time with our friends, we will have better overall mental health.
What should friends do for fun?
There is no one answer to this question, as friends can have different interests and preferences.
However, some fun activities that friends could do together include going to the movies, playing sports, going out to eat, or attending a concert.
That is why we will cover so many various ideas for you and your friends!
The fun things to Do with Friends
We all know the importance of having friends in our lives. They are the people we rely on and confide in. They make us laugh, help us when we’re down, and are always there for us.
If you are wondering what should I do today, then we have you covered.
So, it’s important to have plenty of fun things to do with friends as well.
1. Go on a Scavenger Hunt
Scavenger hunts are a popular group activity that can be enjoyed by friends of all ages.
Planning and executing a scavenger hunt with friends can be a fun and engaging way to spend time together.
To get started, choose a location that offers a variety of interesting sights and sounds.
Next, create a list of items to find, such as a red bicycle or a funny sign.
Divide into teams and set a time limit for the hunt.
Use a special hashtag and have each team post a pic every time an item is found.
Nowadays, you can even buy a scavenger hunt kit to make it easier!
2. Play Board Games
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Board games are a great way for friends to have fun and connect with each other.
Some popular board games include Scrabble, Chess, and Monopoly, but there are many other options to choose from. Card games like poker and blackjack are also great choices. Party games like Charades and Apples to Apples can bring a lot of laughter and enjoyment.
Board games provide an opportunity for friends to engage in friendly competition, improve their strategic thinking and social skills, and have a great time together.
So, gather your friends, choose one of the best-selling board games, and let the fun begin!
3. Explore street food
Exploring street food with friends is an exciting way to satisfy your taste buds while spending quality time with your loved ones. From food trucks to pop-up stands, there are plenty of options to choose from.
Here are three street food examples that are worth finding:
Tacos: Bite into the crispy shell and savor the juicy meat, fresh salsa, and creamy guacamole. Tacos are the perfect combination of flavors and textures that will leave you craving more.
Gyros: Sink your teeth into the warm pita bread and taste the tender slices of meat, crunchy vegetables, and tangy tzatziki sauce. Gyros are a delicious Greek dish that will transport you to the Mediterranean with every bite.
Bao buns: Savor the fluffy steamed bun filled with savory meat, pickled vegetables, and sweet sauce. Bao buns are a popular street food item in Asia that will tantalize your taste buds with their unique flavors and textures.
Exploring street food with friends is an adventure that will take you on a gastronomic journey around the world. You can try new dishes, share your opinions, and bond over your love of food.
The joy of exploring street food with friends lies in discovering hidden gems, trying something new, and creating memories that will last a lifetime.
4. Get Messy with a Color Run
Participating in a color run is a unique and exciting way to stay fit while having fun with your friends.
This 5K run involves getting covered in colored powder while running through different stations. It’s a great way to stay active and create some memorable photos with your friends.
Plus, you get to support a good cause since many color runs are organized as charity events.
5. Watch a Movie Marathon
A movie marathon with friends is a fun way to bond and enjoy each other’s company. They provide a fun and relaxing environment to enjoy each other’s company and appreciate great films.
To plan and execute a successful movie marathon, follow these steps:
Choose a theme or movie series: Decide on a theme or movie series that everyone will enjoy. This could be a specific genre, actor, or movie franchise like “Harry Potter” or “Star Wars.” Or just pick a variety of old classics and new favorites.
Prepare snacks and refreshments: Popcorn, pizza, and soda are classic movie snacks, but feel free to get creative with your choices. You could even have a potluck and have everyone bring their favorite snack to share.
Arrange the viewing space: Make sure the viewing space is comfortable and has enough seating for everyone. Consider using blankets and pillows to create a cozy atmosphere.
So, grab some popcorn and gather your friends for a movie marathon that you’ll never forget!
The best movies can be found on Paramount Plus!
6. See What Festivals Are in Town
Attending festivals with friends can be a fun and unique activity to break up your routine. There are many different types of festivals to choose from, including food, music, art, and film festivals.
Additionally, there are usually free local events like food festivals, music festivals, farmers’ markets, and intercultural events.
Planning ahead and checking the festival schedule is important to ensure that all friends can attend. So why not gather your friends and try attending a festival together?
7. Hike
Hiking is a fantastic way to stay active and enjoy the great outdoors with friends.
Not only does it provide a great workout, but it also offers the opportunity to bond with your crew while surrounded by natural beauty.
You can even plan on these fantastic hiking trails for beginners or more experienced hikers:
In California, Big Basin Redwoods State Park offers a variety of trails ranging from easy to challenging, with the highlight being the 11-mile Skyline to the Sea Trail.
In Colorado, the Mount Falcon Park Trail offers stunning views of the Rocky Mountains and is a moderate 3.6-mile hike.
For those on the East Coast, the Franconia Ridge Trail in New Hampshire is a challenging yet rewarding 8.9-mile hike with breathtaking views of the White Mountains.
Remember to dress appropriately for the weather and terrain, wear sturdy hiking boots, carry plenty of water, and pack snacks to keep your energy levels up.
8. Go for a short road trip
Planning a road trip with friends can be a bonding experience, from working together on a collaborative Spotify playlist or burning some old-fashioned mixtapes to listen to on the road to stocking up on snacks and booking an Airbnb.
Going for a short road trip with friends is an excellent way to take a break from the daily grind and explore new places. It is also a reason to escape life’s hustles and bustles.
A spontaneous road trip might turn out to be a trip to remember as you explore unknown routes, stop at scenic spots, and try the local cuisine.
9. Host a Vision Board Party
A vision board is a visual representation of your goals and aspirations for the future.
Making a dream board with friends can be a fun and inspiring activity that promotes deeper social connections while helping you achieve your dreams.
It’s a crafting and manifesting activity that can help you visualize your dreams and work towards them with the support of your friends.
Learn how to host a successful vision board party.
10. Make Smoothies Together
Making smoothies with friends is a fun and healthy activity that promotes bonding and trying out new recipes.
You will need fresh or frozen fruits, such as bananas, strawberries, or blueberries, a liquid base like almond milk or coconut water, and optional add-ins like spinach, chia seeds, or protein powder to make smoothies.
Personally, I have found the Vitamix to blend the perfect smoothie!
11. Have a Karaoke Night
Karaoke is a great way to build confidence and create lasting memories with friends, so don’t be afraid to let loose and have a good time!
To host a successful karaoke night, start by choosing a venue such as a karaoke bar or setting up a karaoke machine at home.
Provide drinks and snacks to keep energy levels high and make sure to take plenty of photos and videos to capture the fun.
12. Have a Potluck Dinner
Having a potluck dinner with friends is a fun and affordable way to spend time together while enjoying delicious food.
To organize a successful potluck, consider the following tips:
Set a date and theme: Choose a date that works for everyone and select a theme to make the potluck more exciting. Some ideas for themes include Italian food, comfort food, or secret family recipes.
Assign dishes: Encourage everyone to bring a dish to share, and assign specific types of dishes to avoid duplicates. For example, one person can bring an appetizer, another a main course, and another a dessert.
Communicate and coordinate: Make sure everyone knows what they’re bringing and communicate any dietary restrictions or allergies. Coordinate with each other to ensure a good variety of dishes and avoid too many of the same thing.
A potluck is a great way to try new foods and bond over shared experiences. It’s also a money-saver and takes the pressure off one single host.
13. Skateboard/Roller-skate
Skateboarding and roller-skating are not only fun but also great ways to build friendships and community.
There are numerous activities that can be done while skateboarding or roller-skating with friends like:
Trying out tricks and stunts with friends can be a great way to learn and improve your skills.
Racing with friends can add an element of competition and excitement to the activity.
Obstacle courses can also be set up to test your agility and coordination.
Freestyle sessions can allow for creativity and self-expression.
Doing these activities with friends can provide support, encouragement, and a sense of camaraderie.
14. Have a DIY spa day
Spa days with friends are a fantastic way to bond, relax and practice self-care. It offers a break from the stress of daily life and provides opportunities for quality time together.
Moreover, hosting a spa day at home is a more affordable alternative to going to an actual spa.
You can confer with your BFF and figure out what kind of spa treatments both of you are in the mood for. For example, you can apply face masks, give each other manicures, or soak your feet in bath salts.
If you have the funds, you could even book a couple of treatments at a real spa and make it a real spa day! Regardless of where you have it, having a spa day with friends is an excellent way to relax, rejuvenate, and bond with friends.
15. Have a Craft Night
You don’t have to be crafty to enjoy craft night!
To have a successful craft night, start by choosing a craft that everyone is interested in and gather all the necessary supplies. A few craft ideas that are perfect for a craft night include making jewelry, painting, scrapbooking, or even DIY home decor.
Once you have everything set up, encourage everyone to let their creativity flow and enjoy the process of making something together.
Make sure to create a comfortable atmosphere by providing plenty of space to work and snacks to munch on.
16. Blow Bubbles
Roll by the time calendar and remember how much fun blowing bubbles was!
Blowing bubbles is a great way to spend a lazy afternoon or unwind after a long day.
You can go with the classic way of blowing bubbles or look into a bubble machine!
So, grab some bubble solution and wands and get ready for a fun and bubbly time with your friends!
17. Have a Water Balloon Fight
Water balloon fights are a fun activity to indulge in during the scorching heat of summer.
To make the water balloon fight even more enjoyable, you can incorporate team play or set up a tournament bracket. This will add a competitive element to the game and make it more exciting.
Regardless, having a water balloon fight with friends is a great way to beat the heat and have fun.
18. Plant a Garden
Gardening with friends is a rewarding activity that allows you to connect with nature and each other.
Plus it can also provide a sense of accomplishment and a source of fresh produce.
You can choose to plant a garden in someone’s backyard or join a local CSA.
Also, this is a continuous way to get together!
19. Spend Time in Nature
Spending time in nature with friends is a great way to relax, recharge and create lasting memories.
There are a variety of activities that friends can engage in while spending time in nature such as hiking, camping, picnicking, rock climbing, paddleboarding, and gardening.
Personally, know that spending time in nature with friends can be a refreshing and rewarding experience that allows friends to bond and enjoy the great outdoors together.
20. Sign up for a Recreational Sport
Signing up for a recreational sport is a great way to spend time with friends while staying active. There are many sports that are suitable for recreational leagues and can be played with friends, such as soccer, basketball, volleyball, and ultimate frisbee.
Playing team sports has many benefits, including building camaraderie, improving communication, and developing a sense of teamwork.
Costs associated with joining a league can vary, but many leagues have affordable fees.
21. Go Kayaking
Kayaking is a fantastic outdoor activity that is gaining popularity among friends who want to bond and have fun at the same time. It provides a great opportunity to explore new waterways, race each other, play games, fish, and take breaks to swim.
While kayaking, you and your friends can discover new places and enjoy the serenity of nature, which will help you to relax and forget about your daily worries.
Also, you have to work on your communication with each other while kayaking.
22. Cook Together
Cooking with friends can be a fun and rewarding activity that helps build strong bonds.
This is one of my favorite ways to spend time with friends. You can spend hours and never actually make anything edible and it doesn’t matter! Or you can create something absolutely delicious!
23. Join a Club
Joining a club with friends is a great way to try new things and meet new people.
There are many different types of clubs to choose from, including:
Book clubs
Hiking clubs
Cooking clubs
Bunco groups, and more.
Joining a club with friends not only provides an opportunity for shared experiences and new adventures but can also strengthen relationships by creating a common interest. Plus you meet on a regular schedule for spending time together.
24. Have a Painting Party
Painting artwork with friends can be a fun and fulfilling activity. Even better, plan to host a painting party with friends!
You hire someone with experience to help you out or you can watch a video on YouTube.
The best part is being able to exchange ideas and inspiration with each other to spark creativity!
25. Play Laser Tag
Playing laser tag with friends is a thrilling and exciting activity that is sure to get your adrenaline pumping.
This is always a must-do for most teens!
Playing laser tag with friends not only provides a fun and memorable experience, but it also helps build teamwork skills, promotes physical activity, and fosters friendly competition.
26. Go Birdwatching
Birdwatching is a relaxing and enjoyable activity that can be done with friends to appreciate the beauty of nature and learn about different bird species.
All you need to go birdwatching with friends is a simple guide to birds in your area, a pair of binoculars, bird seed, and a park or garden.
Birdwatching can enhance the bond between friends as they learn to identify different bird species and discover a new hobby together. It is a great opportunity to explore new trails, take pictures, and enjoy the scenic location.
27. Have a Marshmallow Fight
Marshmallow fights with friends are a fun and exciting activity that can help you forget your worries and bond with your friends.
You need a good laugh, right? This is exactly what you should participate in.
It’s a great way to relieve stress and enjoy some friendly competition with your friends.
So, grab some marshmallows, find a safe spot, and get ready for an unforgettable marshmallow fight with your friends!
Make sure to grab this indoor s’more kit!
28. Do Yoga
Yoga is a great way to improve flexibility, reduce stress, and promote overall well-being. Doing yoga in a class with friends or in a park can make the experience even more enjoyable and motivating.
Attending a yoga class with friends can be a fun and social way to exercise. You can encourage each other to push yourselves further and hold each other accountable for attendance. Additionally, practicing yoga in a group setting can help to create a sense of community and support, which can be beneficial for mental health.
Alternatively, practicing yoga in a park can be a great way to connect with nature and enjoy the fresh air and sunlight. You can bring your own mat or towel and find a quiet spot to practice. Practicing yoga outdoors can be a refreshing change of pace from the usual indoor studio setting.
29. Plan a Trip
Planning a trip with friends can be an exciting and bonding experience. It provides an opportunity to create unforgettable memories and explore new places with your closest friends.
However, it can also be expensive, so use this 100 envelope challenge to save for the trip.
Another way to save money is to be flexible with your travel dates.
Research your destination, create a budget, and be flexible with your travel dates to save money. With some dedication and effort, you and your friends can have the trip of a lifetime. Remember, the journey is just as important as the destination.
30. Explore a New Town
Exploring a new town with friends is an adventure that offers new opportunities to learn more about each other’s interests and create lasting memories. It allows you to discover new places, try local cuisine, and learn about the history and culture of the area.
When exploring a new town with friends, you can visit local landmarks such as museums, botanical gardens, and historical sites. You can also attend local events such as festivals, concerts, and fairs.
Don’t forget to try the local cuisine at restaurants and cafes.
31. Paint Pottery
Pottery painting is a popular activity to do with friends that allows you to unleash your creativity.
Thankfully, you can go to a business that provides all of the necessary supplies or you can purchase online.
Painting pottery can also be a relaxing and therapeutic activity that helps to reduce stress and anxiety.
32. Try a New Food
Let’s be honest… If it wasn’t for good friends, you may be missing out on different types of foods and cuisines.
Trying new foods with friends is an excellent way to break up your eating routine and have some fun while discovering new flavors.
So step out of your comfort zone and try something new – you never know what delicious dishes you might discover!
33. Visit a Farmer’s Market
Visiting a farmer’s market with friends is a fun and exciting way to spend a day outdoors. Not only does it support local businesses, but it also provides an opportunity to stock up on fresh fruits and vegetables.
Did you know the Palisade Farmer’s Market is one of the best in the country? I can attest to that; it was wonderful, especially during peach season.
There are many activities to enjoy at a farmer’s market with friends, here are my favorites:
Shopping for fresh produce: One of the main reasons to visit the farmer’s market is to stock up on fresh fruits and vegetables. You can compare prices, sample different varieties, and even learn new recipes from the vendors.
Trying free samples: Many vendors offer free samples of their products, from homemade jams to artisanal cheeses. This is a great way to taste new flavors and support local businesses.
Exploring local crafts: Along with food, many farmer’s markets also feature handmade crafts and artisanal products. You can browse jewelry, pottery, candles, and other unique items.
Eating street food: If you’re hungry, there are often food trucks and stalls selling everything from tacos to crepes. You can grab a bite to eat and enjoy it at one of the picnic tables or benches.
So why not gather your friends and head to a farmer’s market? You won’t regret it!
34. Compete with Minute-to-Win-It Games
This one is popular! Competing with Minute-to-Win-It games is a fun and easy way to spend time with friends while challenging each other’s skills.
To get started, gather a few household items and set a timer for one minute.
These games are not only a great way to have fun with friends, but they also improve hand-eye coordination and quick-thinking skills.
Plus this is a low-cost and entertaining way to bond with friends. Give them a try and see who comes out on top!
35. Host a DIY Escape Room
If you are looking for a cost-effective way to enjoy an escape room challenge with friends, setting up your own escape room at home is a great idea.
You can find free missions at Escape Team, and additional missions only cost a few dollars each.
Hosting a DIY escape room for your friends is an excellent way to challenge their problem-solving and teamwork skills in a fun and engaging way.
36. Join a Flash Mob
Joining a flash mob can be an exciting and memorable thing to do with your friends. Flash mobs are spontaneous gatherings of people who come together to perform a predetermined action, often in a public place.
Typically, flash mobs can range from dance performances to singing events and can involve people of all ages and backgrounds.
Participating in a flash mob can be a unique and fun experience that you and your friends can cross off your bucket list.
You can find local flash mob announcements by searching on Google or checking out websites that list flash mobs in your area.
37. Create a Time Capsule
Creating a time capsule with friends is an exciting and unique way to capture memories and special moments together. It allows you to reminisce about the past and look forward to opening the capsule in the future.
To create a time capsule, start by finding a sturdy waterproof container.
Next, gather items that are important to each of you, such as letters to your future self, photos, ticket stubs, and other mementos.
Add these items to the capsule and bury the capsule in a safe place, such as a backyard or a park.
Make a pact to open it up in a few years, say five or ten years or twenty years.
Cherishing memories with friends is important, and creating a time capsule is a fun and meaningful way to do just that.
38. Head to the Beach
Visiting the beach with friends is a great way to spend quality time together while enjoying the beauty of nature. There are many activities you can do with your friends at the beach, such as lounging under an umbrella, playing beach volleyball, building sandcastles, or having a picnic.
If you’re feeling more adventurous, you can go surfing, snorkeling, or take a walk along the shore. The possibilities are endless, and the memories you create with your friends will last a lifetime.
Whether you want to relax and unwind or have an action-packed day, the beach offers something for everyone.
39. Try an Art Class
Trying an art class with friends is a fun and fulfilling way to explore your creative side.
There are many places you can try painting or pottery! by going with a friend, it cuts out the scary risk of doing a creative project alone.
Don’t miss out on this opportunity to create something beautiful with your friends! This is a great experience gift idea, too!
40. Go Bowling
Bowling is a fun and engaging activity to do with friends.
Not only is it a great way to get some exercise, but it also offers a variety of fun things to do while playing. From trying trick shots to competing for the highest score, bowling is a great way to bond with friends.
Bowling is a fun and engaging activity that everyone can enjoy, regardless of their skill level.
41. Use Guest Passes
Typically, when you belong to a gym, museum, or any other membership-based activity. They will offer free guest passes.
This is a great way to hang out with your friends while enjoying a new activity. Or showing your friend one of your hobbies.
42. Go Snowshoeing
Snowshoeing is a winter activity that involves walking on snow with specialized footwear. It is a fun and unique way to explore the outdoors with friends while enjoying the beauty of nature.
There are many snowshoeing trails and locations that friends can explore together.
Snowshoeing provides an opportunity to get exercise, enjoy the peacefulness of nature, and bond with friends.
43. Get Creative With Sidewalk Chalk
Regardless of age, sidewalk chalk is a fun activity to do with friends that can ignite your creativity and bring out your inner artist.
There are a variety of ways to get creative with sidewalk chalk.
You can draw a hopscotch board and challenge each other to see who can jump the longest.
Create a masterpiece by working together on a huge drawing and experimenting with different styles and themes.
Play a game of tic-tac-toe and enjoy some friendly competition.
You can even use sidewalk chalk to write positive messages or quotes to inspire each other.
Spending quality time with friends is important, and simple activities like using sidewalk chalk can create lasting memories.
44. Have a Cocktail Party
Overall, the goal of a cocktail party with friends is to have fun and create shared experiences that will be remembered for years to come.
The best cocktail parties are based on a theme that will set the tone for the evening. Then, select a variety of easy-to-make and crowd-pleasing cocktails that will impress your guests.
Dress up smartly, put on some music, and decorate your space to match the theme. Provide snacks such as finger foods, cheese platters, and charcuterie boards to accompany the drinks.
During the party, encourage guests to mingle and try each other’s cocktails, while sharing conversation and laughter.
45. Go to a Drive-in Movie
Drive-in movies are a unique and fun experience that makes for a great activity to do with friends.
However, drive-in movie theaters are harder and harder to find. So, you may have to plan ahead for a local showing.
Once you arrive, park your car and settle in for the movie, chatting and joking around with your friends as you watch.
46. Meditate
Meditating with friends can be a powerful way to connect and improve your mental and emotional well-being.
To get started, find a quiet spot in nature, set up a blanket, and close your eyes. Take in the natural sounds as you sit in silence together.
Alternatively, you can attend a group meditation or breathwork session or hold a moon circle.
The benefits of meditating with friends include reducing stress and anxiety, improving focus and concentration, and deepening your connection with others.
47. Have an Insta Photoshoot
One of the best things about having a photoshoot with friends is that it offers you the opportunity to create memories together.
You can make funny faces, strike silly poses, and capture the moment in a photograph. You can also dress up in costumes and enact your favorite movie scenes together, which is bound to create some beautiful memories.
Whether you are looking to be goofy or play model, a photoshoot is an excellent way to express yourself and have some fun. You don’t necessarily have to photograph people either! You can experiment with still-life photography, food photoshoots, or even take pictures of landscapes.
P.S. You will always see teens taking photoshoots around town.
48. Play charades or Pictionary
Playing charades or Pictionary with friends is indeed a fun way to build excitement and laughter within the group while also improving communication skills and teamwork.
These guessing games are perfect for group activities and can elicit lots of shouting and laughter as people try to guess the correct word or movie.
You can even form teams and start a tournament to make it more interesting. Alternatively, card games such as poker, blackjack, spoons, and rummy are also fun and cost nothing to play if you already have a deck of cards.
All of these games can help improve your strategic thinking and social skills while having a great time with friends.
49. Make videos together
Indeed, making videos with friends can be a fun and exciting activity that creates lasting memories. There are many different types of videos that can be made with friends, such as music videos, vlogs, or short films.
The research suggests that enacting favorite movie scenes with friends can uplift the atmosphere as well. Dressing the part, rehearsing together, and video shooting the entire set can create fun moments that are bound to create some beautiful memories.
Making videos with friends can strengthen friendships and develop new skills such as video production and editing. The key is to have fun with your best friends and enjoy the time spent together.
50. Start a Band
If you and your friends have instruments, getting together and making music can be a fantastic way to bond and express yourselves while also encouraging collaboration and teamwork.
Creating music together is an excellent opportunity to learn new skills and experiment with different musical styles.
Plus, it helps create unforgettable memories and offers new opportunities to learn.
51. Create a Photo Album
In our digital age, putting together a photo album is another fabulous activity that you can do with friends.
Asking each friend to contribute a few photos and putting them in a friendship photo album is an excellent way to keep your memories close and spend an afternoon with your best friends.
Plus you are creating something you can enjoy for years to come!
52. Have a pillow fight
Having a pillow fight with friends can be a hilarious bonding experience that will make you forget all your worries.
To get started, find a spacious room or outdoor area where you can safely swing your pillows without breaking anything. Before starting the fight, agree on some basic rules to ensure everyone’s safety, such as no hitting in the face or aiming for sensitive areas.
Once you’re ready, grab your pillow and let the feathers fly! Don’t forget to laugh, scream, and dodge as you try to land a hit on your friends.
53. Attend park concerts
Attending park concerts is one of the best fun things to do with friends.
Not only are they affordable or free of charge, but they also offer a great opportunity to relax and unwind with friends.
This is something to enjoy after long work weeks!
54. Start a Business
Starting a business with friends can be a great way to combine your passions and skills while also earning extra income.
However, before jumping into any business venture with friends, it’s important to consider the potential risks and challenges. It’s crucial to have a clear agreement and plan in place to avoid conflicts and misunderstandings in the future.
Another option is to research side hustles as a great way to earn extra income. There are numerous side hustle ideas that can be done with friends such as dog walking, pet sitting, house cleaning, and tutoring.
Learning how to make money online for beginners is a hot topic.
55. Play Tourist in Your Own Town
Playing tourist in your own town can be a great way to spend time with friends while discovering new sights and experiences. There’s no need to travel far when there are plenty of activities to do in your hometown.
To start, visit local landmarks such as museums, historical sites, or city parks. These places offer a glimpse into the history and culture of your town.
Try out new restaurants and cafes that you haven’t been to before. It’s a great opportunity to sample local cuisine and support small businesses.
Attending local events such as concerts, festivals, or farmer’s markets can also be a fun way to experience your town.
Exploring the outdoors by taking a hike, bike ride, or even a picnic in a nearby park can be a refreshing change of pace.
Playing tourist in your own town not only allows you to discover new places but also strengthens friendships by creating shared memories and experiences.
56. Play games via video call
Playing games with friends remotely is indeed a great way to stay connected despite the distance.
There are various options available for playing games online with friends, such as board games, card games, and online games like Fortnite or Minecraft. Additionally, apps like Words with Friends or Yahtzee with Buddies can also be used to play games with friends remotely.
If you prefer non-digital games, you could play games like “Would You Rather?” or “Truth or Dare?” on a video call.
Playing games with friends online is an excellent way to spend time together and maintain a strong connection, even when you can’t be together physically.
57. Go to a bonfire
Going to a bonfire with friends is a fun and memorable activity that allows for bonding through storytelling, laughter, and shared experiences. Honestly, I forgot how fun a bonfire was until I went last weekend!
A bonfire is an outdoor gathering around a fire, typically held on a crisp fall evening.
With the hot temperatures and risk of fires, I would plan to attend a bonfire put on by an organization with fire trucks readily available.
Ensure there are snacks and drinks, and follow safety precautions. Overall, a bonfire with friends is a great way to escape the monotony of life and create lasting memories.
58. Bake something delicious together
Baking with friends is indeed a fun and exciting activity that can bring people closer together. It provides an opportunity to bond and share a sweet treat afterward.
One can choose a recipe they would like to try, whether it’s an old standby or something brand new. A cake, a sweet fruit pie, or a few batches of favorite cookies are some of the options that one can bake and decorate.
Alternatively, holding a friendly bake-off is a good way to bond competitively with friends.
So, next time you’re looking for something fun to do with your friends, why not try baking together?
59. Go camping together
Camping with friends is an excellent way to bond and enjoy the outdoors while disconnecting from technology. It is a cheap and fun hobby that offers numerous benefits, including strengthening friendships.
Whether you choose to camp in a nearby park or your backyard, sharing stories around a campfire, cooking meals together, and exploring nature can be a healthy move for everyone to unwind.
Camping provides an opportunity to enjoy the serenity of nature away from the disruptions of city life. You can hitch a tent, make a bonfire, roast some marshmallows, and play games, which is sure to be an adventure away from the hustle and bustle of the city.
It is important to plan ahead, bring necessary supplies, and follow safety precautions to ensure a fun and safe camping experience.
60. Go Geocaching
One of our personal favorite activities.
Geocaching is a fun and exciting activity that involves using GPS to find hidden containers or “caches” outdoors. It’s like a real-life treasure hunt that can be enjoyed with friends.
To get started, one can download the official Geocaching app for free.
Geocaching can be a great way to explore new places in your local area with friends while having fun. With GPS coordinates, you can search for hidden treasures that are waiting to be discovered.
61. Go to A Local Coffee Shop
Going to a local coffee shop is a great way to spend quality time with friends. Aside from being a cliche, it is an easy thing to do and offers a comfortable environment to catch up with your friends.
You can order your favorite beverage and indulge in a little slice of cake while chatting about everything you have missed since you last spoke.
A coffee shop offers a cozy and relaxed atmosphere, which makes it a perfect spot to hang out with friends.
Going to a local coffee shop also supports small businesses in your community. It is also a great way to discover new cafes and coffee shops in your area, which can become your new favorite hangout spot.
62. Volunteer
Volunteering with friends is a great way to give back to the community while having fun with your pals.
There are various ways friends can volunteer together, such as helping out at a local animal shelter, sprucing up city landscaping, or serving meals at a soup kitchen.
Volunteering with friends strengthens relationships, gives back to the community, and is a fun way to do good.
These are the best ways to capture your bucket list and find ideas!
FAQ
There are a number of things you can do right now with friends. You can go for coffee, take a walk, or visit a museum. You could also consider doing something more active, such as going for a run or playing a sport.
Whatever you choose to do, make sure you enjoy it and spend time with your friends.
The important thing is to find something that you both enjoy so that you can have fun together.
You can watch a movie, play video games, go for a walk, listen to music, or even just sit and talk.
What Fun Places to Go with Friends Will You Choose?
These unique activities are just a few examples of the many fun things you can do with your friends.
Don’t be afraid to try something new and get creative! Who knows, you might just discover a new favorite activity.
A little short on cash? Don’t worry… here are 101 things to do with no money.
So, gather your friends and start planning your next adventure together.
And if you have any unique ideas of your own, be sure to share them in the comments below!
Know someone else that needs this, too? Then, please share!!
The Disney Vacation Club (DVC) is a type of timeshare program run by The Walt Disney Co. that lets members exchange Vacation Points — which they purchase — for hotel rooms, villas and suites at Disney resorts.
Some of the biggest Disney fanatics love it, as there can be outsized value for those who maximize redemptions at official DVC resorts every year of their contract. That said, it’s far from a good deal for most people. For instance, members have been caught off guard by annual dues increases that aren’t exactly well-advertised.
But it’s not all about money, and by providing opportunities and experiences that you otherwise can’t get anywhere else, DVC can offer benefits beyond just financial savings. So with that, here are the pros and cons of Disney Vacation Club.
Pros of Disney Vacation Club
The upfront costs (at least $32,550 in 2023) and risks are high, but even those who either breakeven or lose money might still come out “ahead” given the other DVC benefits, many of which are pretty underrated.
Rentals are large and luxurious
Rooms, suites and villas are generally more spacious and have more amenities than standard hotel rooms.
Discounts and freebies on other Disney lodging
WhileNerdWallet doesn’t recommend redeeming points for Disney trips outside the official DVC portfolio, DVC members can find steep discounts if they book such trips in cash.
Discounts on dining, shopping, tickets and tours
DVC members get discounts at hundreds of restaurants and shops. Discounts are usually 10%, but they’re occasionally higher. DVC members can also find discounts at after-hours theme park parties, backstage tours, and on activities like golf and dessert cruises.
Surprise gifts
Disney occasionally surprises members with small gifts, like pins, buttons and beignets.
Access to DVC member lounges
DVC has a few members-only lounges sprinkled throughout Disneyland and Disney World. Perks vary by lounge, but you might find free refreshments, premiere views and rare Disney memorabilia.
Members-only events and trips
You might snag a reservation to Moonlight Magic, an after-hours party limited to DVC members. There are also paid DVC-only trips including cruises, which often sell out.
Cons of Disney Vacation Club
Aside from the huge upfront cost, these other pitfalls don’t necessarily have a dollar figure associated with them.
Redeeming beyond DVC properties is a terrible deal
Since the non-DVC resort redemptions end up devaluing your points, such redemptions should be limited. If you love Disney but would rather get your fix at an international park, skip DVC.
Points expire
While you can bank and borrow points from either last year or next year, the process comes with its own rules and limitations. Generally speaking, plan on using your allotment of Vacation Points each year — as points otherwise expire.
You’re committed for decades
DVC contracts are long. You could give your contract to friends or family later in life, but it can be a hassle and warrant additional financial concerns.
Selling your contract typically comes at a loss
If no one wants your DVC contract “gift,” then you may be able to sell your DVC points. That’s also complicated. DVC reseller website DVC Resale Market has nearly 800 resale listings available, where many properties sell for discounts of 50% or more. Reselling also involves other selling costs (e.g., a licensed real estate broker).
Further, anyone who’s on the financing deal can only transfer ownership once their mortgage loan is paid in full.
Renting Disney Vacation Club points can be complicated
Perhaps you’re not vacationing this year. If so, you can rent out unused Vacation Points to someone else, as long as it’s not for commercial purposes (Disney has a policy against a “pattern of rental activity,” though rentals every once in a while are OK). There are plenty of third-party DVC rental websites, but while you’ll recoup some costs of unused points, you’ll still usually come out in the red.
After all, buyers expect to snag Vacation Points at a discount and these websites take a cut of profits. The going rate that major DVC rental websites pay owners tends to be about $18 per point.
Your heirs are likely saddled with paperwork when you die
If you want someone to inherit it (and they want it too), add that person as a joint owner. But adding their name after the initial contract was set up requires paying a title company or attorney to assist with recording a new deed.
If you die before adding someone to your contract, then your family will need a probate attorney.
Multiple people per contract can get messy
Multiple families might also share one contract to reduce upfront overhead costs and alleviate pressure to take every vacation at Disney (one family could use the points one year, while another family claims them the next).
But contracts binding multiple people can get messy.
Splitting up points in divorces or friend splits can be painful. Disney won’t let you divide your Vacation Points. Though you might divide points and payments in your own, separate agreement, it might be better to use an attorney if you can’t agree.
Have a contingency plan if one party stops paying their share, as you’ll still be on the hook for unpaid dues (Disney doesn’t care who flaked). If your contract’s balance is unpaid for long enough, Disney can foreclose on the deed, which can negatively impact your credit scores.
You might just remove their name from the deed, but that saddles you with their portion of the costs — and it also incurs a fee to change the name on the deed. Even if it doesn’t get to foreclosure levels, one party refusing to pay their share can bring interpersonal fallout, which might be the biggest cost of them all.
The bottom line
DVC is certainly for some people, but it’s not for everyone. NerdWallet got pretty, well, nerdy, with its calculations to understand how much a DVC point actually costs if you join today. Check out those figures over at NerdWallet’s guide to whether DVC is worth it to assess if you’ll find financial savings in joining DVC versus just booking future Disney vacations in cash.
But not every benefit of DVC is purely financial. So despite carrying its fair share of cons, the pros of joining DVC can alone be worth it for some Disney fans.
How to maximize your rewards
You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2023, including those best for:
As more of my friends enter middle age, they’re talking less about how to care for their kids and more about how to care for their parents. Our mothers and fathers are nearing (and, in some cases, surpassing) seventy years of age, and not all of them are financially prepared.
A GRS reader named Shauna recently wrote with a typical scenario:
My husband and I are in our early thirties and finally getting our finances in order after years of piling up debt. We both have parents who were never particularly good with money, and they’ve entered their early retirement years with no savings or assets to speak of — no houses, no savings, no emergency fund. We’re looking down the road, and realizing that we will probably be financially responsible for all of them at some point in the not too distant future. Do you have any advice for us?
Actually, I don’t have any advice for Shauna. Why not? Because I’m in a similar position, and I have similar questions.
Close to Home
In the past, I’ve hinted at my mother’s ongoing health problems, but I’ve been coy about their precise nature. I want to respect her privacy. At the same time, she faces very real issues that have equally real implications for her personal finances, and for the finances of her three children.
My mother is 62 years old. For fifteen years, she’s wrestled with severe mental illness (which makes her uncomfortable interacting with the outside world), as well as a host of chronic physical ailments. Every day, she takes a finely-tuned cocktail of over a dozen prescription medications to help her cope with these problems.
I’ve mentioned a couple of Mom’s health crises in the past, because whenever a severe mental or physical problem occurs, it disrupts my ability to work. For example, I spent much of the past week helping Mom after a minor surgery during which her normal drug regimen was interrupted, causing her to descend into confusion.
I drove Mom to the hospital, saw her after surgery, bought her groceries when she returned home, and have been dropping in to be sure she’s okay. Last night, Kris and I delivered dinner to her.
I find all of this stressful. Whenever Mom has an acute crisis, it doesn’t just affect her — it affects me, too. I do my best to help her, but I feel like I’m just not very good at it. I don’t know how to reach her, how to help her, how to let her know I love her.
Note: In some circles, mental illness is a taboo topic. Just as many folks consider it gauche to talk about money, some think it’s best to keep discussions of mental health out of the public arena. That’s too bad. It doesn’t help anyone to hide these problems. It’s only through sharing our experiences honestly that we can learn to cope effectively with these situations.
Facing Reality
My family has talked a little about what Mom will do in the future, but not seriously. Plus, we’ve mostly been re-active instead of pro- active; we deal with trouble when it arrives instead of before it happens. Now, though, I think we’re beginning to realize that we need a plan.
As a family, we need to decide what is best for Mom, both now and five years from now. And we need to juggle the following factors:
Mom has minimal cash savings and a modest retirement account (through the box factory). The box factory also pays her a monthly salary, which will be her primary source of income for the rest of her life. Plus, she’s eligible to receive Social Security benefits soon. (And I think she’s eligible to receive Social Security survivors benefits for my father; I need to research that.) So, her financial situation isn’t fantastic, but it’s okay.
For now, Mom is capable of living on her own. But when she gets off her meds, she becomes increasingly confused and uncommunicative. She misses one pill, and then she misses three, and then eight, and before long she’s not taking any, which means self-care goes out the window.
Mom doesn’t advocate for herself. At her medical appointments, she doesn’t ask questions. If she’s confused, she doesn’t ask for clarification. She doesn’t follow through with recommendations for group therapy and other ways to work through her fears. She’s apprehensive about social situations, even grocery shopping or family Thanksgiving dinner.
If Mom’s age-related difficulties were only physical, a residential facility might be the answer as her independence declines. But how do you ask a person who doesn’t like to leave the house to permanently move to a place where she has “strangers” around her at all times?
Our family has to sit down with Mom and hash some of this out. What can she do for herself? What does she need help with? Should we hire somebody to check on her once a day? Once a week? Should she move in with one of her three boys? And how do we pay for this? Pull money from the box factory? Chip in ourselves? What about long-term care insurance? How does that work? Is it too late to buy it?
Basically, we have a lot of questions, and we don’t really know whom to ask.
Seeking Help
On Saturday, I met with Lane, a long-time GRS reader who has become a friend. Lane and his mother went through similar issues, and I hoped he could offer some insight. I told him I felt inept at this — that I didn’t know how to help Mom. “It’s almost like our roles are reversed,” I said. “Like now I’m the parent and she’s the child.”
“Having to be the adult of your parents isn’t easy, but sometimes that’s what’s needed,” Lane told me. He described the steps he’d taken to help his mother, the things he did that she could not. (For example, he paid bills for her every weekend.)
Lane explained the difference between independent-living facilities (which sound kind of like college dorms) and assisted-living facilities (which are similar, but with individual supervision and monitoring). “If you think your mother might need an assisted-living facility, don’t wait until the last minute,” Lane said. “There’s usually a long waiting list. If you think she’ll need it, act now. Talk about it with her, and make a plan.”
Lane asked what sorts of legal preparations we’d made. “Has your mother drawn up a Power of Attorney?” he asked. “Does she have an Advance Directive? What about a will or a trust?”
“I don’t know,” I said. “I know she’s given me Power of Attorney, because we arranged for that after the last time she was in trouble. And she drew up an Advance Directive before her surgery, but I don’t know about a will or a trust.”
“You need to find out,” Lane said. “These are the shittiest conversations, but you have to have them.”
Moving Forward
There’s no real climax to this story. I don’t have any answers. All I have are a lot of questions.
Mom seems to be recovering well from her surgery. She’s certainly doing much better than she was a week ago, when she was off her meds. So, last night I asked her about her preparations and preferences for the future.
She told me she has a will, and that she wants to stay in her house. She’s not opposed to having someone come help her on a regular basis, but she wants to stay put. And to be honest, when she’s as lucid as she was last night, it almost seems absurd to be thinking about this stuff. But every time Mom’s doing okay, we put off this discussion, and then we regret it the next time there’s a crisis.
I’d really like to hear your experience, though. Have you helped your aging parents? Are you doing so now? What advice do you have? What can you tell me about my situation and/or about Shauna’s situation from the start of this article? What financial considerations do we need to be aware of?
EDGEWOOD, Iowa (KCRG) – Our Town Edgewood is home to Kendrick Forest Products, the largest sawmill operation of its kind in Iowa. Its products not only ship all over the world but are also sold here at home.
The Kendrick Family is always thinking about what’s next for the company, but the foundation hasn’t changed. Inside its main facility, machines and employees take logs and make them into a product shipped across the U.S. and to more than 20 countries.
Machinery has improved throughout the years at Kendrick, making the process more efficient and with little waste. Once the boards make it through inspection, they need time to dry before they’re shipped out, or sent to a new home in Edgewood.
“Some of our wood will go as local as the local high school shop class, east coast, west coast, or overseas into Asia and Europe and so forth,” says Kirby Kendrick, who’s in charge of international sales.
Some of it also travels just blocks away to this facility, where Kendrick turns lumber into a finished product.
”We have cabinet customers and we have lumber coming in for them, and then we also manufacture wood signs for customers throughout the entire United States,” says Sales and Production Manager, Kerra Boriskey.
Boriskey says they make from 40,000 wood signs to order with custom designs. Some of them are sold at the neighboring retail store, the Markket, a two-story shopping experience that draws in visitors to Edgewood. You’ll find everything from furniture and home decor, to boutique-style clothing and solid wood products made within the same building.
Nestled in a region known for its vineyards, farmland, and beautiful landscapes, Brentwood, California, has tons to offer the 66,000 people who choose to call it home. The city’s location offers a balance of calm suburban living with convenient access to the hustle and bustle of larger cities like San Francisco and Oakland. While its outdoor activities, community events, and the Mediterranean climate appeal to many, it’s crucial to consider all aspects of relocating to Brentwood.
But is Brentwood, CA, a good place to live? Luckily, we’ve got you covered. If you’re looking at homes for sale in Brentwood, apartments for rent, or are just curious about what the area has to offer, this Redfin guide is for you. To give you a taste, here are 10pros and cons to consider before moving to Brentwood, CA.
5 pros of living in Brentwood, CA
There’s a lot to love about Brentwood, from warm weather to convenient access to nature and big-city living. Here are six benefits of living in Brentwood.
1. Location
Brentwood is located conveniently near untouched nature and major metropolises. It’s about an hour’s drive from San Francisco and even closer to Oakland, making it possible for residents to commute for work or easily enjoy their amenities. This gives people the ability to enjoy a quieter, more suburban lifestyle while still having easy access to big-city benefits like diverse dining options, cultural attractions, sports events, and shopping.
2. High-quality living
Brentwood is known for its luxury suburban homes and upscale neighborhoods, often with well-kept yards and beautiful landscaping. Housing options can vary from comfortable single-family homes to large estates, ensuring there’s something to fit a variety of lifestyle preferences.
If you’re looking for a luxury home in Brentwood, you’ll find plenty of options, ranging from $800,000 homes to multi-million dollar properties. Make sure to connect with a local Redfin Premier agent for knowledgeable, customized service.
3. Outdoor activities
Brentwood is nestled among several natural attractions, making it an ideal place for outdoor enthusiasts. Local parks, trails, and golf courses offer plenty of space for recreational activities. Particularly notable is the proximity to Mount Diablo State Park, which offers extensive hiking trails, opportunities for wildlife viewing, and stunning panoramic views at the summit. Other popular options include Marsh Creek Regional Trail, Contra Loma Regional Park, Round Valley Regional Preserve, and Big Break Regional Shoreline.
If you’re in the mood for parks in the city, consider checking out City Park, a popular community gathering spot located in downtown Brentwood, or Blue Goose Park, which is named after a historic train.
4. Wine culture
Brentwood and its surrounding areas boast a thriving wine industry, with numerous wineries and vineyards that add to the region’s charm. Residents have the unique advantage of being able to indulge in wine tastings and tours, immersing themselves in the artistry and craftsmanship behind winemaking.
Popular wineries and vineyards for tasting and touring include Tamayo Family Vineyards, Hannah Nicole Vineyards, and Vine + Grain.
5. Community and culture
Brentwood hosts a variety of community events throughout the year that provide entertainment for all ages. The Brentwood Farmers’ Market offers an array of fresh local produce and artisan goods, while festivals like the popular Brentwood CornFest celebrate the area’s agricultural heritage with music, food, and activities. If you like music, the city hosts Concerts in the Park every summer, bringing live music to the city during warm evenings.
5 cons of living in Brentwood
While Brentwood has many positives, there are notable downsides as well. Here are five to be aware of before making the move.
1. High cost of living
One major downside of living in Brentwood is its high cost of living. While many people may enjoy the luxury lifestyle that Brentwood offers, it’s prohibitively expensive for others.
Housing, in particular, can be costly. For example, the median sale price for a home in Brentwood is $816,000, nearly twice the national average. Apartments are also expensive, with a one-bedroom apartment costing an average of $2,525.
2. Traffic and commuting
While Brentwood’s location offers easy access to larger cities, commuting can be challenging. The freeways can become congested, especially during peak rush hour periods. While there are public transportation options, they can also be time-consuming. This means that if you live in Brentwood but work in San Francisco, for example, you will likely have a long commute each day.
3. Hot weather
Brentwood’s weather is generally pleasurable, but summers can become excessively hot. The city is in a hot Mediterranean climate, meaning summer temperatures frequently reach into the high 90s to over 100 degrees Fahrenheit. Heat waves can make this even worse. If you aren’t used to hot weather or don’t enjoy it, summers will be challenging.
4. Limited nightlife
Brentwood is a quieter city, so its nightlife options may seem limited, especially when compared to larger cities like San Francisco or Los Angeles. While there are restaurants and bars in the area, you won’t find a vibrant nightlife scene.
If you’re in the mood for good food, though, there are plenty of options, including Shirasoni, Chianti’s, and Baltaire.
5. Growth and development
Brentwood has experienced significant growth over the past few decades, with its population increasing nearly 300% since 2000. This has transformed the area from a small agricultural town to a more developed suburban city. While this growth has brought many conveniences, it also brought more traffic, pollution, and less charm. If you want to move to Brentwood for its small-town feel, you may be slightly disappointed.
A new study claims homebuyers are often so mentally exhausted from home shopping that they rush the mortgage process and wind up with higher-risk loans.
A pair of George Washington University instructors identified the phenomenon as “cognitive resource depletion,” meaning individuals burn out on one activity and devote less time to a subsequent one, in this case, shopping for a home loan after finding a suitable property.
The findings are based on a test using two groups, one that participated in a home-shopping exercise followed by a mortgage shopping exercise, and one that only performed the latter.
Nearly half of those that performed both shopping exercises back-to-back selected higher-risk mortgages, while fewer than 20 percent who didn’t have to perform the home shopping exercise did the same.
I’m assuming higher-risk means adjustable-rate mortgages, and perhaps option arms, essentially those with lower monthly payments, at least initially.
While the study does make sense, it’s probably just one of many factors that determine what a borrower will end up with loan-wise.
There’s a good chance loan officers and mortgage brokers have a lot of influence, and debt-to-income ratio requirements may also drive loan program decisions out of pure necessity.
And once a home is ultimately selected, borrowers typically have to make quick decisions in order to obtain financing in a timely fashion.
All that said, it’s wise to study up on the wide array of mortgage programs out there before even searching for a home, and to get pre-qualified/pre-approved beforehand.
Aside from leading to a better choice of mortgage, it can help you avoid any nasty surprises late in the game that could crush your dream of homeownership entirely.
John Whittaker runs Peel Group, a huge British conglomerate with property, media, and infrastructure assets of inestimable worth. The self-made billionaire who got famous for helping to develop some of the UK’s buildings, Whittaker lives on the Isle of Man these days. This report is meant to help all those in business, who figure the coronavirus pandemic has ruined them alone. It turns out, even billionaire property giants are hard-put to overcome this crisis. Here’s a lesson in sticktoitiveness.
The fortune of this Prior Park College graduate, was primarily tied to a bit of luck when Peel Group developed and profited from Trafford Centre, and to the doggedness of the reclusive businessman, of course. Whittaker now has stakes in such brands as Pinewood Studios Group, MediaCityUK, and other ventures, but he’s a property mogul at heart. Unfortunately, the news Peel was liquidating stakes in Peel Ports and Liverpool airport to cover Whittaker’s bets on Intu Properties, reveal the nature of UK property game today. And the COVID mess has amplified an already difficult situation.
Intu Properties, for those unfamiliar, is a British REIT focused on shopping center management and development, a sector hit pretty hard even before the coronavirus pandemic but the brakes on the whole social gathering idea. Peel Group’s stake in the fund became almost worthless even before COVID-19, and there was £4.5 billion in crippling debt before the current crisis. To make matters worse, Intu has properties in the UK and Spain, which is like saying they own malls in the first and second levels of hell for 2020 profits. But Whittaker is widely regarded as a very astute, very clever businessman, and he’s no stranger to the ups and downs of the business.
On the “up” side, John Whittaker managed to convince the BBC to turn down three other sites across Manchester, in order to move into Peel Group’s MediaCityUK in Salford Quays. And even though he’s been forced to slim down his empire to rake in cash to prop up his core businesses. Those unfamiliar with the billionaire speculator might underestimate him. But, behind the scenes is where Whittaker excels at business.
This Guardian story, while it’s critical of Whittaker, reveals the businessman’s skill with public political debate, and the inner workings intermediary bodies and corporate coalitions do. Sure, Intu Properties is a money pit, at the moment, but don’t bet against winners. Whittaker is a lot more powerful and influential than the news tells.
According to The Guardian, a 2013 report by Liverpool-based thinktank Ex Urbe found that Peel Group owned or controlled more than 300 companies in the UK. However, Whittaker’s influence and power to make the deal is not limited to controlling assets. Take, for instance, the May 1 Intu appointed of former PwC and EY restructuring officer David Hargrave as a restructuring lead and non-executive director of the faltering company.
I’ve no doubt Hargrave and Whittaker are behind this week’s negotiations to get standstill agreements to pause repayments of debt on account of the pandemic. My point being, Whittaker is a bulldog. Everything he’s doing reminds me of a pit bull unwilling to let go to defeat. Which is why I said, “never bet against winners.” Even if the billionaire’s stake in Intu Properties ends up in the tank, the salvage operation at Peel Group will turn up something positive.
Property owners like Whittaker, British Land, and Hammerson have taken a massive hit because of COVID-19 because thousands of tenants have closed stores or were unable to pay their rents. And while imminent financial collapse is a nagging possibility in these uncertain times, the lesson the Whittakers of the world can teach us is to keep fighting. Keep thinking up big ideas, even while big problems nag at the fabric of existence.
Take Peel Group’s plans to recreate an old exhibition space near Trafford Centre, into a first-ever spa experience for UK patrons. The project to be developed with the Therme Group showed brilliant potential before the current crisis, and could again with the right tweaks. After all, what would wellness enthusiasts pay for a certified safe pampering session after COVID?
My thinking is that Whittaker and others will be thinking on how to innovate out of the crisis. I am also thinking we need to be rooting for the UK billionaires since their failure will certainly mean a really bad “new normal” for most of the rest of us. My money’s on any guy who can lose $350 million dollars in one day and keeps on smiling (breathing).
Phil Butler is a former engineer, contractor, and telecommunications professional who is editor of several influential online media outlets including part owner of Pamil Visions with wife Mihaela. Phil began his digital ramblings via several of the world’s most noted tech blogs, at the advent of blogging as a form of journalistic license. Phil is currently top interviewer, and journalist at Realty Biz News.
There’s no arguing gallery walls have been having a moment that’s lasted for what feels like centuries now. As long as you have a great collection of art, the look seriously never tires. However, we ALWAYS love to see a refreshing take on this tried and true trend—and this little gallery nook is the perfect example!
Why not make the most of those funky little nooks and crannies with a gallery wall? These small and wonky spaces often stump us when it comes to design, but filling them with artwork allows you to choose pieces of varying sizes and orientation to custom fit the wall We’d start with something like this and then build out the wall with smaller muted pieces like this.
Plus, this layout shakes up the look of a traditional gallery wall and adds some visual interest to an otherwise overlooked area Insider Tip: Use butcher paper to serve as a template prior to hanging your art. And perhaps most importantly, this makes for the perfect opportunity to peruse sites like Minted, Tappan Collective, and One Kings Lane for killer pieces of all types of art! Any excuse to do a little shopping, right?!
Editor’s note: This is a recurring post, regularly updated with new information and offers.
Chase Sapphire Preferred Card overview
The Chase Sapphire Preferred Card is one of the best-known travel rewards credit cards, featuring 5 points per dollar on travel booked through the Chase travel portal and Lyft purchases, 3 points per dollar on dining, select streaming services and online grocery store purchases (excluding Target, Walmart and wholesale clubs), 2 points per dollar on all other travel purchases and 1 point per dollar on everything else. These valuable points can be transferred to airline and hotel partners or redeemed directly for travel at a rate of 1.25 cents per point through Chase Ultimate Rewards. Card rating*: ⭐⭐⭐⭐½
*Card rating is based on the opinion of TPG’s editors and is not influenced by the card issuer.
At TPG, we always get asked an important question from beginner travelers looking to plan trips: Which travel credit card should you start with?
We almost universally recommend the Chase Sapphire Preferred Card. It earns one of our favorite rewards currencies. It offers lucrative perks. It features a low annual fee. In fact, many of us started our journey into points and miles with the Chase Sapphire Preferred.
The Chase Sapphire Preferred is designed for frequent and casual travelers. With a $95 annual fee, it’s not an expensive card, which makes it an especially good choice for beginners.
The card is currently offering a sign-up bonus of 60,000 Ultimate Rewards points after you spend $4,000 on purchases in the first three months from account opening.
Here’s what you need to know about the Chase Sapphire Preferred and why it’s one of the best cards out there.
Ready to get the card? Apply here for the Chase Sapphire Preferred
Chase Sapphire Preferred welcome offer
With the Chase Sapphire Preferred, you’ll earn a sign-up bonus of 60,000 points after you spend $4,000 on purchases in the first three months from account opening, enough to take you just about anywhere in the world you want to go.
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This haul of points is worth a minimum of $750 when redeemed for travel through the Chase portal, but if you maximize Chase’s transfer partners, TPG’s valuations peg the full value of the bonus at $1,200.
Related: How to redeem Chase Ultimate Rewards for maximum value
Earning points on the Chase Sapphire Preferred
The Chase Sapphire Preferred has a simple earning structure that is easy to maximize:
5 points per dollar on travel booked through the Chase travel portal.
5 points per dollar on Lyft purchases (through March 2025).
5 points per dollar on Peloton equipment and accessory purchases of $250 or more (through March 2025, with a limit of 25,000 bonus points).
3 points per dollar on dining, select streaming services and online grocery store purchases (excludes Target, Walmart and wholesale clubs).
2 points per dollar on all travel not booked through the Chase travel portal.
1 point per dollar on everything else.
Related: Why you’ll want to pay the $95 annual fee on the Chase Sapphire Preferred
Redeeming points on the Chase Sapphire Preferred
When you’re ready to redeem the points you’ve earned with the Chase Sapphire Preferred, you’ll understand why the card shines.
Chase Ultimate Rewards travel portal
You can use your points to purchase airfare, reserve hotel rooms and even rent a car through Chase Travel — all at a fixed rate of 1.25 cents per point. That means you don’t need to worry about blackout dates or finding award space; you’ll always have the option to book travel using your points. As long as there’s a seat for sale on the flight you want, or a hotel room available to reserve with cash, you can pay for it with your points.
Just note that hotel reservations booked through third-party sites (including Chase Travel) typically won’t earn points or count toward elite status qualification.
Transfer to Chase travel partners
It’s possible to receive more than 1.25 cents per point in value by transferring rewards to Chase 14 airline and hotel partners. Some of the best Chase transfer partners include Hyatt, United, British Airways and Singapore Airlines for fancy hotels or plane seats.
Pay Yourself Back
If you want to use the points from your Sapphire Preferred at a fixed value for something other than travel, consider Chase’s Pay Yourself Back option. Cardholders can use points for a value of 1.25 cents apiece to cover donations to select charities (through Dec. 31, 2023) or a value of 1 cent per point for gas station and grocery purchases (through Sept. 30, 2023).
Related: How to donate points and miles to help Ukraine
Chase Sapphire Preferred benefits
In addition to the sign-up bonus, there are many appealing perks on the Sapphire Preferred.
$50 annual hotel credit
You’ll receive a $50 statement credit on hotel stays purchased through the Chase Ultimate Rewards travel portal upon opening the card and each following cardmember anniversary. It’s automatically applied to your account each year when you make an eligible charge. Note that the $50 credit does not earn Chase Ultimate Rewards points.
Related: How to use the new $50 hotel credit on the Chase Sapphire Preferred
10% annual points bonus
Another change Chase added to the card is a 10% anniversary points bonus. Cardholders will receive a 10% bonus based on their total spending during the account anniversary year at a rate of 1 point for each $10 spent. For example, if you spent $100,000 on your Sapphire Preferred during your cardmember year, you’ll receive 10,000 bonus points at the end of the year.
Note that this 10% is calculated on the dollars you spent rather than the points you earned. You won’t receive additional points by leveraging the card’s bonus categories.
DoorDash
The Chase Sapphire Preferred also includes at least one year of complimentary DashPass membership with DoorDash, which gives you free delivery and reduced service fees on eligible purchases (activate by Dec. 31, 2024). There is a cost associated with using food delivery services such as DoorDash, but this can be a valuable benefit if you already use the service.
Travel protections
This card is an ideal choice to pay for travel bookings such as car rentals, cruises, plane tickets and hotels because of the comprehensive travel and purchase protections it affords. Among them, cardholders can expect the following:
You can read more about the Chase Sapphire Preferred shopping and travel benefits here.
Related: 7 Chase Sapphire Preferred benefits you might not know about
Which cards compete with the Chase Sapphire Preferred?
Many worthwhile mid-tier travel credit cards exist, but only a few can go toe-to-toe with the Sapphire Preferred. If trying to decide, think about which one’s earning formula suits your spending habit and which one’s transfer partners you’re more likely to maximize.
For additional options, check out our full list of the best starter credit cards.
Read more: Chase Sapphire showdown: Sapphire Preferred vs. Sapphire Reserve
Bottom line
If you’re ready to move beyond cash-back or fixed-value travel rewards credit cards, there is no better place to start than with the Chase Sapphire Preferred.
After its debut over a decade ago, it’s still regarded as one of the best rewards credit cards. It earns some of the most valuable points and is flexible enough to meet the travel rewards needs of practically every points and miles skill level. It also comes with a low enough price tag for many to be able to give it a try.
The Chase Sapphire Preferred continues to represent a solid value proposition for a wide swath of the public. So long as you’re using the card frequently enough to get more than $95 in value from the rewards earned and benefits utilized, this card is definitely worth the annual cost.
Apply for the Chase Sapphire Preferred with an 60,000-point bonus.
For rates and fees of the Amex Green Card, please click here.
Additional reporting by Emily Thompson, Ryan Wilcox, Chris Dong, Stella Shon, Jennifer Yellin, Joseph Hostetler and Eric Rosen.