What's your REAL net worth?

Back To Frugal School

It's that time of year again, when parents dutifully drag their kids down to the local big box store to load their carts full of school supplies: everything from the screaming pink number 2 pencil with matching fluorescent eraser to day packs adorned with whatever human commodity Disney wants to cram down our throats — every last bit of it made in China, India, Vietnam, or some other capitalism-friendly country that exploits its workers.

We were at the one of our local dollar stores a few days ago and out of curiosity, we decided to check some of the back-to-school merchandise for place of origin. All of it was made overseas, save for one plastic pencil box that was made in the USA. The oddest thing we found were 2 spiral bound notebooks that were identical except for their size. The odd thing about them was that the larger one was made in China and the smaller one in Vietnam! Besides the sad fact that we no longer make such basic goods in our own country, it seemed completely inefficient that these two matching notebooks were made in different countries and then shipped here.

People often ask me why we work so hard not to buy such things, and my answer is "they cost too much". That response invariably raises eyebrows. Then, I concede that the retail price is low, but remind people that there are many unseen costs that contribute to the actual price of these items: the fuel wasted transporting products from abroad; the cost of the loss of domestic jobs, resulting in unemployment, family stress and nation-wide recession; the lack of quality control and oversight that allows many toxic products being imported to the marketplace affecting our health (I could go on). Cheap ain't necessarily cheap!

Luckily, our daughter's eco-conscious charter school provides her school supplies for one low annual fee. The only thing we need to supply is her book bag. For most style-conscious daughters, that means pitching last year's outdated model for a spiffy new 2010 book bag/daypack proudly made in the People's Republic of China — again, finding a product that does not have some sort of advertising for the latest film or pop star emblazoned on it is a challenge.

If you've ever watched The Story of Stuff (if you haven't, you should), you know that there are two forces working overtime to keep us in the habit of pitching our older goods and buying new ones: planned obsolescence and perceived obsolescence.

Planned obsolescence is an intentional component of product design: making things that break after a predetermined period of time so that we are forced to buy replacements. This one is hard to overcome, because durable products are as hard to find as a mom-and-pop hardware store. But we can change our mindset so that we do not succumb to perceived obsolescence: the pre-programmed urge to pitch your out-of-fashion product in favor of that newer, shinier, in-style version of the same product.

Three years ago, my fiancee Beth hand made a book bag for our daughter Rebecca, and then came up with an ingenious way to update the bookbag so that it seems refreshed and stylish for each new school year — and Rebecca is always delighted with the results. This year, Beth took Rebecca shopping for a few fancy buttons and embroidered appliques, and voila: a trendy new look for the school year! My favorite new addition is the "Save The Future" patch.  Our one begrudging concession was that none of these new adornments were made in the USA. For next year's decorations, we have pledged to either find decorations that were made in our own country, or make them ourselves.

That's brings up a subject for another post: how can we change our buying habits so that we restrict our consumption to products made in the USA? It's a tall order, but I believe we must stop buying foreign-made goods in order to reverse our nation's downward spiral into abject poverty.

Secrets of Extreme Savers

This set of tips from CNN.Money.com can help us all liberate ourselves from the tyranny of debt. (Click on this sentence to view article.)

I'm posting this resource as much for my own benefit as for anyone else!

Stop Chasing Success. Seek Significance.

This insightful blog post by Joshua Becker explores how to align yourself with what's really important in life. (It isn't financial success - it's striving to live the kind of life that makes a difference.)

Click here to read the Joshua Becker's blog post.

Moments of Pleasure

Back in the 1990s, Kate Bush recorded a song called "Moments of Pleasure". It's still one of my favorites. In the lyrics, she describes some of the simple, brief moments that gave her joy.

My moments of pleasure are spontaneous occasions that occur when I least expect them – when all the troubles of the world fall away and are replaced by intimate, authentic experiences that fall onto my shoulders like a warm blanket. These moments rarely last long, but are forever lodged in my memory. For me, these are the moments that make life worth living.

When times are difficult, I remind myself that no matter how dark things may seem, circumstances will eventually turn around and there will be more moments of pleasure before my time on earth is over. Lately, I've discovered that moments of pleasure seem to occur more frequently the more I pay attention and live in the present.

We plan holidays, celebrations and vacations in the hopes that they will be filled with such experiences. Sometimes, these special moments coincide with these planned occasions. More often, these special moments become more elusive the more we try to plan for them. So I gave up on planning for them years ago, and simply trust that they will come when they are ready.

Here's a couple of noteworthy moments of pleasure from my memory banks:

• In my first grade classroom one afternoon, I found myself staring at my hands, marveling at the fact that they belonged to me and I controlled their movements. It was as if I knew that I was a being who had been around a lot longer than my 6 years on earth, but was spending this particular period of time inhabiting a human body. I felt grateful to be granted this time within this wondrous physical body. I kept repeating to myself with joy, "I am ME, I am ME!"
  
• In the late 1970s, I was driving through Calabasas, California with Kelly, the girl I was dating at the time. The Neil Young song "Comes A Time" started playing on the radio and we both spontaneously starting singing along together in harmony. For those few minutes, everything around us seemed to be in harmony. We only dated a short while, but to this day I am grateful to Kelly for being part of that moment.
  
• When I had been playing the fiddle for about 6 months, I felt a wave of emotion wash over me one day as I played, and began to cry. It was as if the action of making music with the fiddle (albeit not very well at that point), was releasing profound feelings that had been long hidden deep within me. I gazed at the fiddle, and knew it was about to take me on many amazing journeys. (And in fact, Appalachian fiddling lead me to leave Los Angeles and move to Asheville, NC, where I met my fiancée Beth and her daughter Rebecca.)
  
• After spending an amazing week in Northern California at a magical folk music camp in a redwood forest, I spent an afternoon lingering in the town of Mendocino. I climbed down from the headlands onto the rocks on the edge of the ocean, and sat intently watching thousands of small dark-umber-colored crabs scurrying about, making bubbly clicking sounds with their mouths. I was so still, the crabs came right up to me. An intense sensation of belonging and self acceptance washed over me.
• While I was wrangling with the frustrations of the bankruptcy process, I broke away from my computer and sat fuming on the front porch. While in the midst of my pity party, I looked up and noticed Beth working away in the vegetable garden below. As I watched the love of my life tend our garden, my angst melted away. I heaved a great sigh and realized that everything was going to be alright.
  
• A few weeks ago, I was working on the computer as daughter Rebecca read a Harry Potter novel on the futon across the room. She was so immersed in her book, she didn't notice as I watched her for probably ten or fifteen minutes. I became focused on her gestures and facial expressions, and in that moment, it was as if I could visualize her as a timeless being, and could picture her in every phase of her life, from young to old, simultaneously. I knew I would love her throughout every phase. She finally noticed I was looking when I quietly picked up my camera and took a few photos to commemorate the moment.

How about you? Do you remember your moments of pleasure as vividly as I do? I hope so!

David Harvey - The Crises of Capitalism

Click here to watch video on YouTube.

Fiscal Independence Day?

This article from AlterNet.org does a great job of expressing the challenges we need to overcome if we hope to break the bonds of the financial tyranny that plagues our society and transform ourselves into a nation that places people ahead of profit.

Has The American Dream Become Our Nightmare?
by Mary Sykes Wylie
The time is ripe for us to rethink some of our deepest beliefs about the way this country should work, and how we should live our lives.