Monday, October 5, 2015

The New "Lit"

You're getting old- it's time to face it!!
Listen folks, it's time we wake up and smell the coffee. We're getting old. Either you can bow out gracefully or end your career looking like Shaq in a Celtics jersey. We had a good run- a hall of fame worthy one, but it's time we retire. What are we retiring from? The idea that weekends should be spent “turning up” in bars and clubs. Listen, I’m no saint on this issue. I’ve been there and have two t-shirts to prove it! There was a time I would walk out of the office on Friday and become a different person. Gone was the quiet guy sitting at his desk listening to smooth jazz and here was hype man for the rapper Future, ready to spend the weekend messing up commas. Nowadays the turn up days are few and far between. While I’ve known this day would come, this summer was my first year of full retirement. All things considered, I probably had one of the greatest summers of my life. Sure I had a couple of bar nights in there but those weren’t the highlights. The highlights were baby gender reveal parties, laser tag birthday parties, and these two past weekends.
The past two weekends were spent with family and friends. One weekend was spent in my hometown for a family reunion and the other sitting around a house watching Disney movies with my friends and their two year old daughter. No craziness. Life is all about progression. You have to grow to a point where you realize what’s important. These days I realize watching Aladdin with a 2 year old who's never seen it is far more rewarding than being drunk in these city streets. With this growth, you will save money for what's important. Instead of buying a round of fireball shots, you can buy ingredients to make smores with the children in your life. That is a memory that they you will hold on to forever. Everything that happened this weekend was monumental and will be remembered forever. Trust and believe, I am not telling you to give up drinking on weekends! Because after that UGA and BAMA game, we ALL needed a drink (Go Dawgs!). But as you sip on that drink and look at your surroundings, can you really be upset? You’re amongst family and friends having a dance party to BeyoncĂ© and your wallet hasn't left your pocket all weekend. Some would call that lame or boring- the complete opposite of "lit" aka a good time. As you know, we at the new cheap like to change the meaning of words. With that said, my weekend of Disney movies, football, and takeout was "lit"!!  It's lit because you’ve grown to adulthood and realize it is good time spent with the people you love.   And I will never chastise your spending when it's TIME with people you love. So enjoy growing up!

- @TheNewCheap

Thursday, October 1, 2015

It’s time to buy an engagement ring…..


It’s time to buy an engagement ring…..


Fall is upon us- winter is right around the corner. Your Facebook timeline will be filled with engagement pictures with the same hashtags #isaidyes (vomit). It seems like we can’t enjoy a day of football and home cooked meals without pictures of holiday proposals. I wont knock your cliche hustle but if this sounds like something you are attempting to do… start shopping NOW. The biggest rackets in the world are the makeup and engagement ring industry. Of course the diamond folks at your local jewelry store know what time it is, so engagement rings will be marked up during the winter months. So if you’re looking to lock in with bae, start looking for that ring now (I only used “bae” because my little cousin told me it was cool, I apologize if it was used incorrectly). While this is no attempt to sway you over to my methods, I am providing the strategy I plan on using.

Fellas and Ladies who are looking to propose ( #lovewins), the number one thing you have to realize is, the ring isn’t about what you think. Sure you have to “pick”, but the opinion ultimately lies with your spouse’s friends and families. I suggest bringing these folks and getting them up to speed. There’s always that one friend your girlfriend has that you would still call your friend regardless of the common connection with your partner. You should call that person up and ask them to accompany you. Girls tell each other EVERYTHING, and I’m willing to bet my life that this person knows exactly what your partner wants. Next, you need to bring a family member of yours. Family involvement is essential to a union; why not include them in the ring selection process? Last, but not least (arguably, the most important), bring the BOUGIE friend. We all have that one friend, always asking what you’re wearing and if it isn’t designer they aren’t wearing it! This friend is most often single. Why do you invite her?? If this bougie person signs off, you have the blessings of the upper (middle) class. Now I know what you are thinking, this is a runaway train to a jewelry store. To avoid spending your life savings, go to the jewelry store alone first to have a discussion with the jeweler. Explain a few things, start off by telling them how much your lady means to you. Remember, you aren’t buying a car, it’s not about having a stare down over offer sheets. This is the love of your life, and if you’re buying an engagement ring, you’re planning on spending the rest of your life with her. By telling the jeweler how much you care about your partner, this lets them know that you and the team should be a priority. And you’d be amazed what jewelers do for true love….. The last thing you need to discuss is the price. When your team comes in, have all of your preselected rings put in front of them for their choosing. They are only going to pick out of the batch that you chose and can afford. Ask the jeweler to remove the prices so the bougie friend doesn’t use that as a measuring stick. This is done months in advance to the actual date that you want to propose!!!! So start now, outside of wedding season. You then talk with the jeweler about pricing, get the discounted price he’s offering you. Most stores get their Black Friday sales around October, so don’t be afraid to ask what they will be offering. THEN check online to see if this discount can be used elsewhere. Sure, you have a relationship with this jeweler at this point but you also have to keep in mind the cost of the wedding and the house. If you’ve read the blog and follow our suggestions, you have a ring fund saved up. Go into the store and purchase the ring with your rewards credit card. As soon as you get into your car, PAY THE RING OFF (and use the rewards dollars to start the wedding fund).


You’re welcome.


Monday, September 21, 2015

$ave Dat Money

One of my good friends and supporters of the New Cheap sent me this song a while back. I listened while at the office and completely forgot about it. I just can’t see myself telling my coworkers I'm
listening to the new "Lil Dicky" mixtape- I swear it's NOT because he's white! I support white rappers in hip hop! (Eminem's verse on renegade was the only time I've heard Jay-Z get worked on a song).
But back to Lil Dicky. I like the concept of the song and can see what he's attempting to do. I applaud his efforts to provide financial literacy over a catchy beat. I actually agree with just about everything in this song. As you can guess, saving money isn’t really a thing in hip hop, but throw it over a catchy beat and I'm sure people will dance to it. Supporters of trap rap say that the music doesn't make people want to trap, and that’s fine by me. Let's hope Lil Dickey has the opposite effect. Either way  “$ave Dat Money” satirically delivers a breath of fresh air to the genre.

                                                       $ave dat Money

Ruby Tuesday luv the Kids......


Free kids’ meal. At Ruby Tuesday, parents can score a free meal for their child with the purchase of an adult entree every Tuesday after 5 p.m. all month long.
Tweet us at @TheNewCheap if you take advantage of this deal!!!


Tuesday, September 15, 2015

Should Kids be Paid for Good Grades?

Should kids be paid for good grades?


I grew up old school.......We weren’t given an allowance or money for good grades. The only incentive for doing well in school was the possible avoidance of the belt and living another day. I understand what my parents were attempting to do by not awarding us for every achievement. However, I also believe there are lessons for kids to learn by providing money for accomplishments such as good grades.

My nieces and nephews are smart kids and good athletes (Thank you sweet baby Jesus). They work hard and as their favorite uncle I want to reward them. Recently my niece attempted to renegotiate the terms of our reward agreement. She wanted to decrease the amount of money acquired for A’s and begin receiving payment for B’s. This was obviously rejected on the basis I don’t reward second place. It may seem harsh but if I allow my niece to be rewarded for B's before I know it, I'll be handing over cash for C’s. (Yes, she's that good of a negotiator!) So how does this correlate with the cheap life by giving kids your cash? Providing my niece with reward money does a few things; it gives her positive incentive to do well in school while allowing me to teach her proper money management. Too often kids spend all their money on goodies and toys the second they receive it. These same children turn into adults who prefer shopping malls over savings accounts. The children growing up under my supervision will learn the value of a dollar early on while still in the safety net of their parents. After my niece receives her money, I will encourage her to think of ways to increase her cash flow. Maybe she should could start her own local lawn care service by cutting grass and raking leaves. I will remind her that she has two brothers and cousins she could hire to do the work. This allows her to manage the boys while she gets paid the lions share. If she’s making moves like this as a child, imagine what she will be capable of as an adult. There’s no limit to a kids potential if you start the financial literacy conversation early. My niece is already on the right track for the simple fact she's already renegotiating the terms of the deal. Unfortunately for her when it comes to negotiations I’m a tad better at it.

- @TheNewCheap

It takes a village to make a care package

It takes a village to make a care package.

There are many joys to college life, the first two weeks (a father's nightmare) , homecoming weekend and spring breaks etc. But nothing is better than arriving to the post office to find that you have a care package. For those of you that never went off to college, this is the highlight of the mail experience.  After college you will grow to hate the mail experience due to that crazy woman Sallie Mae. Relatives often send a package of everything they think you may need while off at school. In my care package was always a years worth of roman noodles , pop tarts, candy and deodorant ..... basically all of the essentials niave adults thought I needed while studying to change the world . Why am I telling you folks about this?? Because you should come together and send a kid a care package. Why?? you may ask, should you care about some kids receiving a care package? If the entire family came together once every month to send a kid a care package it would save everyone money. It would  also help a college kid focus on his/her studies (plus allow them to spend their money on what counts.... booze and  club cover charges).

So send out an email to all of the family and notify everyone that you’re putting together a care package for your kid cousin, who’s away "studying hard". If everyone drops in a $10, imagine what could be purchased for the kid?

Does giving $10 a month provide you with some type of financial return? NO but one of the cool things about living the New Cheap life, is having extra money to do good for others.You cant spend life always thinking of what you will get in return. But for those of you that need a little extra incentive , college kids  often get  college sporting event tickets for free. If you’re the organizer for these care packages, I’d imagine you may get a few tickets for free.

Not @thenewcheap Approved - Most Expensivest Shit : All-Time Favorites

We've been  fans of the GQ x 2 Chainz  Youtube series " Most Expensivest Shit" from the very start. So this week we're hitting you with the all time favorites from the series. A lot of laughs here, but that's all it should offer you.... dont EVER aspire to F*** your money up this way!! Seriously under no sitatuion should you spend $15K on a suit. Just watch the video  to see how the other side lives, then continue on your path to living the New Cheap life.