What a Cow, a Red Box and Hair Clippers Have in Common
If you’ve ever played the game Tri-Bond, you know the object of the game is to find the common link among three items. On the surface they seem to have no direct correlation, but once you get thinking, it becomes clear there is a definite connection.
Last year, my wife and I decided to purchase a 1/4 cow along with some friends of ours who do this every year. The cost up front was a little more, but it averaged to be around $3/lb including the butcher’s fee to package the meat.
The meat is organic, which was important to us and it is also very high quality and tastes awesome! We’ve had some great meals out of this.
To avoid the storage problem, last year we decided to use our government rebate check to purchase a nice, deep freezer to store the meat. The purchase was well worth it.
How much do you really save by buying a side of beef? Here’s a look at this weeks deals at Meijer, our local grocery chain.
- USDA Choice T-Bone Steak – $4.99/lb
- Certified Angus Top Sirloin Steak – $3.99/lb
- Meijer Ground Round – $2.99
If you factor in the freezer, our first year we probably paid a little more than we would have shopping sales at the grocery store, however, I think the savings will be there long term and we get cuts of meat that we normally wouldn’t buy even if they were on sale (i.e. – T-Bone, Rib Eye & Porterhouse Steaks).
The Red Box
I have to admit, it’s hard to get my wife and I to sit down and watch a movie together. She’s strictly a romantic comedy or sappy drama type of girl and of course I prefer the action/adventure/suspense type of movies. We’ll rent maybe one or two in a month so a deal like Netflix just doesn’t make sense for us.
Enter the red box. RedBox is essentially a movie vending machine that costs $1.00 per night. If you’re cheap frugal like us, you rent the movie for one night, return it the next day to any RedBox location (by 9 pm) and your only out a buck! It’s a great deal, especially when you compare to Blockbuster where one DVD can cost your over $4.00!
What’s nice about RedBox is that you can shop their DVDs online, reserve the one you want and go pick it up at a location near you!
If you can’t get the movie back by the next day, no worries; RedBox will charge a $1/day for the rental, so even a couple of days late makes it a decent deal.
You don’t have the luxury of hanging onto the movie for a few days and then watching it without getting charged. They are limited on their older movie selections, known as RedBox Replays. Also, if you are renting more than 10 movies a month either: a). you have way too much time on your hands, b). you don’t have kids or c). Netflix is a better deal for you.
At any rate, for the right person Redbox can allow you to still see some movies without incurring a monthly fee (Netflix) and help keep some money in your pocket!
The Hair Clippers
I like to keep my hair short, so I used to go in to get it cut every two to three weeks spending on average $32 a month. A while back I got tired of the cost and the time it took out of my day to go get it done so I decided to spend $30 on hair clippers and start doing the work myself.
A guy’s cut is relatively straightforward and having the different sized guards help to keep things even! Now I can cut my hair whenever I have time and as often as I like.
This isn’t for the faint of heart. There’s been a few times I’ve “messed up”, but I’m starting to get the hang of it now!
The Common Link
If you’re hanging with me here, you’ll notice these three things are all ways we’ve found to save some money. We are saving probably on average among all three roughly $50 a month give or take.
This may not seem like much, and the savings could be a little higher or lower for you; but if you take that $50/month and start socking it away into a Roth IRA or using it to knock out your debt , just imagine the lifetime savings you would reap from three simple things like this!
How About You?
Do you have a Tri-bond link that saves you money?
Have you found other areas like this to cut back and improve your monthly cash flow?