Sunday, April 26, 2015

Wanna be a Baller





We've all seen the ESPN 30 for 30, BROKE.  It's sad  to realize that some of our greatest childhood heroes now live in poverty, due to a lack of financial knowledge. Unfortunately there isn't a  personal finance section in our public school curriculum, so many are left to "figure it out" on their own. This unguided journey usually leads to  bankruptcy and  ESPN documentaries.  While we all know of the tragic stories of fallen stars, few know of  stories like Josh Childress. I came across this interview, and thought it was important enough to share on the New Cheap community. Take a few minutes to view the video below, outlining lessons learned by Josh Childress!

Enjoy!

https://youtu.be/MehiN-2-ggo

Tuesday, April 7, 2015

Why Buy it, When you can Make it?





Why Buy it, When you can Make it?


While I enjoy going out to dinner as much as the next person, it definitely takes an unnecessary toll on my wallet. A trip to the local burger joint or the neighborhood pub is bound to set you back at least 15 bones (if you’re only buying for one) and you only got one meal out of it. You just gave someone $15 of your hard earned money to do the same thing you could have done at the crib for the same price, BUT with more servings.  


Tell your roommate or significant other that you will be responsible for dinner two successive nights out of the week and they can be responsible for the following two nights, (e.g. You cook Monday and Tuesday if they will cook Wednesday and Thursday). You should plan to cook one day of the week and eat the leftovers the following meal. Now, I know, we all hate leftovers. That’s why you cook something you can slightly alter the following day and turn it into a completely different meal.

An example of a versatile dish is slow cooked barbeque chicken.  This requires little time in the kitchen, which means you have more time to manage your fantasy team or you can finally get around to watching “The Wire” on HBOGo. AND this will only cost around $25. First, buy 2lbs of boneless chicken breast ($7), your favorite barbeque sauce ($3), a side of your choice (cole slaw or baked beans go great), and a salad ($5).  To alter it for the next day, you will also want to buy taco shells, cheese, and lettuce ($8). Before work, take 5 minutes to season your chicken and throw it in the slow cooker with the BBQ sauce. Cook on low heat for 8 hours.  When you walk into the door, it will smell of sweet BBQ (thank me later).  After you get done salivating over the chicken, prep your side, put together your salad and now it’s time to grub. You spent a total of 10 minutes in the kitchen and have a delicious meal as the result. On the following day use the leftovers to have your own Taco Tuesday. Shout out to the taco god. Simply, reheat the chicken in the microwave and prepare your tacos to your liking. Now that you cooked Monday and Tuesday, it’s your significant other or roommate’s turn to cook the next two days on their dime. You have successfully made it to Friday and only spent $25 on dinner thanks to The New Cheap.

Sunday, March 29, 2015

Dear @thenewcheap..... "you aint got no yeezy"





Dear The New Cheap,

Please, please, please, help me out!! I'm trying to get my man an amazing "I think you're the best" present and he's been mentioning how much he likes the new Yeezys. Well...They are $400 and he's not that great! JK!! Is there any where I can get them for a better price? I would really like for him to have them!!

Thank you!



If you're attempting to buy sneakers you have to realize one thing... Coveted sneakers are like the pretty girl in high school. At an early age, she knows her worth and not many people ever get the chance to interact with her. If you're going to buy the Yeezys, you'll have to wait until they become over weight and have multiple children. Basically, there isn't a @thenewcheap way of purchasing these shoes without giving up way more than the retail price of $350. The only thing to do, if you really want these sneakers, is to sit back and wait until they've lost their aura.

BUT here's another option for getting a Yeezy-themed gift for your well deserving boyfriend...
Kanye is gearing up for an album this year which means a tour will follow. I suggest you purchase tickets to a Kanye show, instead of buying sneakers. Going to a concert creates a memory for both of you to share. I guarantee that the concert will be cheaper than the shoes.
- @thenewcheap

Tuesday, March 17, 2015

You dont get what you pay for, you get what you ask for.....






Free stuff. Who doesn't like it? A wise (cheap*)  man always told me that whenever you spend more than $100, you should get something free with the purchase. What started out as a joke during check out now provides dessert for my shopping trips. Recently, I purchased a bottle of cologne and during the checkout I asked the clerk for samples (fragrance companies will provide stores with small offerings of their cologne in an advertisement effort). The sales person rarely objects, as this small accommodation is building a rapport with you (and your pockets). So, whenever I ask for them, I get a bag full of samples during checkout. 

These samples are priceless! Samples SAVE! When I'm in between bottles, I will pull from my inventory of samples to get me through the stretch. Wearing these samples also allows for a proving ground for new cologne that I may potentially buy. If the cologne is well received, I will likely go back and purchase it. My nephews love to play in my grown man scents (equivalent of girls playing dress up), so when they visit, they can indulge in SAMPLES, not my expensive choice cologne. I also end up giving the samples to friends who visit, because most men don't realize they need/want cologne until they smell it on someone else! 






During the check out of the cologne and after the free samples, I ask "Do you have any bags?"I'm pushing it, I know-but this is the cherry on top. The sales woman goes into the back and pulls out this bag-a duffle by John Varvatos that I got just by ASKING for it! So when shopping, don't be afraid to ask for even more FREE stuff. An even wiser man once told me that there are two things a person can say when you ask a question., YES OR NO.  If the sales woman would've said no to the bag, I still would've walked out with the lions share of the deal.  Closed mouths don't get fed (or a free duffle bag).

Tuesday, March 10, 2015

Dating after 25 is a lot like drafting after the 5th round……






Dating after 25 is a lot like drafting after the 5th round……
You could end up with a Tom Brady, but it’s likely you’ll end up drafting a player that won’t be on the team in two weeks. So with knowing this sad truth, you must begin dating like an NFL GM drafts.  I apologize to the football fans who understand the financial management of NFL rosters, but we’re going to briefly explain this process. In the months leading up to the NFL draft, players are evaluated and ranked. Players are drafted, and contracting negotiations start. Each player will receive a rookie contract, which has a cap based off the players’ union agreement with the league. This cap is how much money the team has to spend on players. The rookie contract is basically intern level pay compared to more senior level and accomplished players.  Once the player is out of the rookie contract, that is when the big money starts. But they only get a chance at this BIG money if they’ve played well over the course of the rookie contract. Many players drafted in the 5th round rarely make it to see the end of their rookie contract or even make the team.  More often than not, teams cut these players with very little financial impact to their cap.

Once again, I apologize to football fans for the redundancy over the GM player management process, but just stay with me … When dating, think of yourself as an NFL GM. Whether you’re drafting first round or seventh round, you need to be channel your inner Ozzie Newsome. Evaluate the talent like it is the NFL combine. Now, PLEASE don’t take this literally and request prospective lovers to run the forty yard dash in your driveway. But understand you only get so many draft picks. You need to choose who you will invest in wisely.  Before taking someone out on a date, you should do all the research you can on them, giving yourself the best chance for success. And know that there is a chance that you could and likely will be wrong (there’s always next year Browns fans!!). Once you arrive at the draft, you have to remember the NFL rookie contract restrictions.  So there’s a limit to how much you spend on the first couple of dates. Even if this is a can’t miss prospect! You have to remember Jamarcus Russell was a first round draft pick who stunk it up in the league, but is probably still buying that purple drink with those NFL checks. Find inexpensive dates, to minimize your loses if it doesn’t pan out. The only thing that hurts more than heartbreak is having your heart and bank account broken.  Now we don’t have a time limit for how long you should consider a person in the rookie contract phase. Once you realize they’ve “outplayed” the rookie contract, then you up the date spending. Even when someone is out of the rookie contract, you must keep in mind your Cap limits (your personal budget)! Know your personal budget.  If you over spend on a player, you could forfeit the success of your team. Sure Calvin Johnson is worth every penny, but it’s unlikely that the team will be successful because other areas suffer. As the GM, you must manage your team’s budget. So it’s up to you to think of dynamic ways to keep your star player around without hurting the team budget.

Tuesday, February 17, 2015

CIAA WEEK - Briana Young

 
CIAA WEEK is upon us, which houses tens of thousands of visitors every year is coming up once again February 23- March 1. So, maybe this is your first time, or you are an annual visitor, I don't know. But what I do know, is that you want to look great either way. I suggest keeping it cute, sexy, and comfy. The look I have come up for any day of the week for CIAA is all of that. Pictured I have styled a printed sweatshirt, with a dark green fitted skirt, and a light denim jacket.

    I paired these pieces with long knitted over the boot socks, ankle boots, and a fur scarf to go over everything. With the socks, you would want to scrunch it down a little over the boots, add some panty hose because it will be cold, and you have a show stopper outfit ! I suggest a hairstyle that is down, with a natural look for makeup on the face and eyes, and a bold red lip. Want to go bolder? Add some gold bangles, earrings, and knuckle rings. You will own this CIAA week!





Links to look:

(Dress for less pieces: Hoodie & Skirt, $50... Other pieces are suggested, and links are provided).

 
 



@thenewcheap Breakfast

 


We’ve all been there, on our way to work and swerving across three lane traffic to claim your spot in the Chik-Fila drive thru.  Even though Chik-Fila  employees are the nicest  group people on the planet, they  do not offer the quickest service. So you arrive late to work, with  a negative  hit on your wallet. Then there are those were you have every intention of preparing your breakfast in the morning just to either not have the energy or time which forces you to stop at the drive-thru or Bodega for your breakfast. It’s not even nine o’clock and you have already spent roughly 6 bucks. Do this five times a week and that’s $30 which in a year equals $1,820. Sure you will prepare your own breakfast a few days out of the year but without a plan you are almost guaranteed to spend over $1200 on breakfast alone every year. 



We're here to offer you a plan that will not only save you money but also free up mental space which will inevitably lead to a cheaper and calmer morning. On Sunday, go to the grocery store and purchase your breakfast for the entire work week. My neighborhood grocery store has Greek yogurt on sale for a $1.00 quite frequently. So you could easily grab five of these and a package of bagels for a total of $8. If you like cream cheese, be sure to throw some of that in the buggy too. Now you spent $10 on breakfast that will easily last you a week and a half. This equates to about $520 a year on breakfast, tad bit better than the $1,820 you spend buying breakfast each morning.  

On Monday morning round up all your breakfast for the week and take it to work where you will leave it. Now you won’t find yourself frantically trying to whip up something in the morning or doing your best Ricky Bobby impersonation just to make it to the drive thru without being late to work. This will lead to a much calmer start to your morning and about $1,300 in your account at the end of the year.


  Save this money! Don’t get in the habit of wanting to spend this! You’ve been spending this money before you got the tip from the New Cheap, so just imagine you’re still spending it now! Pay off debt or save this new found money in your account! Don’t start spending more in other areas just because you now have this money.