This is my dumpster dive find ... the flower photography on top is a gift from my Dad, who is a talented nature photographer

Outside of my apartment building, there is a free-for-all area where the contents of entire apartments get dumped when people move. I don’t know why, but it seems like they literally just empty the entire apartment and dump everything out back. On Wednesdays or Thursdays, it all gets picked up when the city collectors arrive. Until then, it’s Open Season on rummaging.

Since it’s the beginning of a new month, last night there were two apartments worth of stuff out back.  I braved the crowd of other rummaging residents and scored this wicked little crescent table. I really don’t have a spot for it per se, BUT I’m going to practice my furniture distressing skills on this piece before I attack my dresser. I bet that when I’m finished, I could sell it for $30 or so. That’s how much you’d pay for it in Wal-Mart, but instead it’s custom painted and made of real wood.

I recently found this blog called Centsational Girl, and I’m in LOVE. I’d been searching for a word that describes my style and the things that I like, and through Centsational Girl I realized that my style is Shabby Chic. It’s perfect for me because it’s recycled elegance … I can dumpster dive from behind my apartment, do an hour of finishing, and have a beautiful original piece. I’ve been looking into this decorating style, and half the fun is scoring all these funky pieces from flea markets, and refinishing them to make them your own.  Cheap, custom, and timeless.  Beautiful!

In apartment related news, I’ve decided I probably don’t want to paint, except MAYBE two walls in my kitchen a pale sage green. I’ve grown kind of partial to the paint colour in my unit, an almost-peachy neutral, which is really warm in the mornings and kind of neutral at night. It would cost about $50+ per room to paint (I have no supplies of my own, I’d have to buy rollers and trays), and even though it’s illegal to ask someone to pay a fine to repaint the walls after you leave, I know it’s common practice for many large apartment corporations, and I really don’t want the headache of knowing that they’ll go after me when I leave. Maybe I’ll change my mind in a couple of months, but for now, it’s not worth the stress, either now to paint, or when I move to fight the property management. For now … I can hardly wait to show you the photos from the dining room, in a month when I can afford a centrepiece of pink and white hydrangeas, it’s going to be a stunner!

I have also had some ideas for businesses that I want to start in a couple of years. I’m enjoying my job at present and it’s a great way to build some capital, while using my evenings and weekends to work on projects that will develop the skills I’ll need. But I am already plotting some ideas … I’m throwing around the idea of a Euro-sabbatical, going over for a year or more to live. It’s going to be entirely dependent on my work situation, my romantic situation, etc., but I don’t want to wait TOO long to go on a big adventure. Life’s too short … but at the same time, I could really use the stability for a couple of years.

So here’s the plan:

-Work for and live in Toronto for a minimum of two more years, pay off my car, build my investments and cash supply as much as I can, have as many adventures as I can

-Travel as much as possible in the interim – try and take a three week trip to somewhere, like Tanzania for Kilimanjaro, or Machu Picchu.

-Go on Euro-adventure for a year; live in France, England or Ireland, continuing to work in some capacity. Either put all furniture into storage, or sell it (don’t worry Mom, I would DEFINITELY store your beautiful kitchenette set and whatever bed frame I end up buying). Find a way to store my car, or sell it.
-Come back and start my own business

The thought of selling/storing all this stuff that I’m working on accumulating is making me feel a little nauseous, but at the same time, life is meant for having adventures, and I don’t want to NOT go on an international adventure simply because I have “stuff” holding me back. So even as I acquire all these beautiful things, I’m doing my best to put myself in a mindset of detachment, ready to let go of it all if necessary. I should be grateful that I have the opportunity to have such lovely items, before they get donated/given away/sold to someone else who will appreciate their beauty.

After all, all I need is a really solid dumpster dive when I get back, and I’m back in the game.

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Lately, I’ve been starting all my posts with an excuse as to why I haven’t been writing.  The excuse du jour is that I’ve been getting political. If you’re at all interested, my explanation and reasoning is at the bottom of this post.

The Frenchman came over last night, and over a Paleo Diet dinner of Pork Tenderloin with Mango Salsa, he asked me how much money I would need to retire, right then and there.  I thought it over, then said “1 million dollars.”  However, after rethinking the question, I told him my number would be $2 million.

Here’s my reasoning:

I would invest half of the money and keep the other half as cash.  I’d use that money to travel the world, work on community projects that I’m passionate about, and take the time to write some books.  When the cash ran out, maybe after ten years or so, I could take the profits from my moderate-risk investments and repeat the whole cycle.

If I wasn’t working, I think I’d be following Tim Ferriss’s lead and trying to learn everything I possibly can, all while having extreme adventures around the world.  My short list of things I want to do is:

-Learn Kung Fu

-Learn how to do the following dance: tango, salsa, all ballroom, swing, hip hop, jazz, Bollywood, ballet

-Go ziplining through Costa Rica

-Explore the ruins of Machu Picchu

-Start community gardens in an urban neigbourhood

-Backpack through the United Kingdom

And so on and so forth.  The funny thing is that when I started thinking of total freedom and what it would taste like, my mind started throwing up barriers, like, “you can’t do that.”  If I had $1 million in the bank right now, I’d pack a bag, hire a taxi to go to Toronto Pearson Airport, buy a first class ticket to Italy, and off I’d go.  Why not?

Turns out that Frenchie’s number is $5 million.  He’s much more ambitious than I am, but I have the feeling he’s going to make it.  He’s got that spark and drive, and I’m excited to be around, even just in this preliminary stage, to witness it.  And he was never more attractive to me than when he said last night that he thinks that the Oil Sands initiative in Alberta is disastrous.  Environmentalism is sexy.

What’s your dollar figure for retiring?  What amount of money would you need right now to quit your job (if you wanted to quit), and do whatever it was your heart desired?

(begin political rant)

Read the rest of this entry »

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Okay, I lied, this post isn’t about condo assignments, I’m going to be posting that on Monday (to my subscribers – I’m sorry I’m bombarding your inboxes with posts. I’ll settle down next week, I swear). What I wanted to talk about was saving money over the long weekend while still having an amazing time.

In my experience, creativity can only be truly unleashed when a limitation is imposed upon it.  For example, Blu’s art in Brazil, which is an incredible stop motion piece of street art that uses white and black paint and public walls.  That’s it.  The result is something I would describe as mesmerizing.

This weekend, about seven or eight of my friends and I are biking from Toronto to Niagara Falls.  It’s about 150k, and we have a pool for how long it’s going to take.  My bet is 12 hours, since I’m factoring in an unexpected mini-disaster, food, bathroom breaks, and water refills.  The lowest bet is 9 hours, which means that at the very least, everyone is expecting that we’ll be in Niagara Falls at the EARLIEST by 5pm.

But it’s not the destination, it’s the journey.  It’s going to be tough, but at the end of the day, we’ll be able to say “we did it!”  Best part is that with gas at about 128.5 cents per litre, it’s pretty much free, with the exception of food, and our hostel, which is going to cost us each $23 a night.

I am estimating about $60 for the whole trip – that includes accomodation, food, and any schenanigans we get up to in the Falls.  I don’t believe in gambling, so I won’t be hitting the casinos, but I will happily watch my friends if they decide to throw the dice.

That got me thinking, what if I had stayed in the city?  What sort of free things could I have gotten up to?  There is so much going on that it would be so easy to NOT spend money.  Here are some things that we could do for little or no cash:

-Fireworks at Ashbridges Bay

-Ontario Place opens on May 21st, and admission is free this year

-Playing pick up beach volleyball at Ashbridge’s Bay

-Hosting a neighbourhood barbecue

-Gardening

-Geocaching

-International Circus Festival (at Harbourfront, also free)

-Volunteering with a cause you support

What are you plans for the long weekend?  Is anyone else specifically planning a frugal holiday to save money at the pumps?

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I did the math, and I’m currently allocating over $475 a month towards debt repayment/asset building (biweekly payments of $137.46 to my car, $75 biweekly payments to my RRSP, and $25 biweekly payments to my emergency fund, which is going to need topping up after this month).  I’ve decided from now on, any bonuses/unexpected cash I receive will be split into 3, instead of just going towards my car – one third to my RRSP, one third to my emergency fund, and one third to my car payments.  I’m still sincerely hoping for a decent tax return this year.

Here’s my breakdown:

Monday Jan 31st

NO SPEND DAY

Tuesday Feb 1st

$20 - withdrawal from bank machine

$33.21 - Dinner out at restaurant with the Boy, reimbursed $20 from him

Wednesday Feb 2nd

$7.35 - LCBO (white wine for making pasta sauce)

$26.64 - Sobeys – ingredients for special dinner

Thursday Feb 3rd

$19.20 - small leather wristlet from Winners for going out in Ottawa Read the rest of this entry »

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