Archive for December, 2008

Time Share Tours Lead to Cheaper Universal Tickets

By: Green Panda | Date posted: December 17, 2008 (6:53 pm)

 

I spent a Saturday morning listening to a time share presentation. It was our first time and what I knew I only heard from friends and an old job (which was a bit biased).

Most liked their time share and used it for vacations. One family I know hated their monthly payment and thought it was a bad decision on their part. 

The hotel we stayed at said we could get cheap passes to Universal and scheduled us for a tour the next day. Apparently the hotel has a partnership with the resort. We met the qualifications and signed up.

I was curious to see what the time share was all about since I heard everything from the horror of the people selling timeshares to some great vacation friends had at their timeshares. At the very least, we’d get tickets to both Universal Studios Theme Parks .

Timeshare Presentation

The resort was a few minutes away and we drove the next morning for our appointment. He asked us up front what we were told about the tour from our hotel’s guest services. We were told we’d get 2 unlimited passes to Universal Studios if we took the tour. He said that was fine, he just had to make sure we weren’t misled. 

Our sales person explained how the time share ‘used to’ market and how they currently marketed. They used business cards and other typical information material and then measured how much people retained information. When they called after 1 week apparently they remember 70%. The memory declined until the fourth week where they remembered 0%. Apparently they won’t even remember the name of the place. Really? I found that ‘fact’ odd.

Anyways he went on to the new and better way they sold shares. They offered incentives to those who acted today. He asked if it was ok to ask if the company asked us to consider to buy a timeshare. He was very careful with his words. We told him it made sense that they would see if they could get a sale. 

After finishing our free breakfast (fruit, donuts, and muffins), he started explaining the wisdom of getting a time share as he gave us a tour of the facilities. The place was fantastic and the rooms were gorgeous. All the while, he’s asking us what we think of the place. Afterwards we went back to the breakfast area to hear the price information on the timeshares they were selling.

Timeshare Sales Pitch

He asked us how much we spent on a vacation. Bad move. We spent 5 minutes debating back and forth with each other on how we broke our expenses. Since it is apparently too low to sell us on the savings of the time share we also had to include food, car rental, etc. Still too low. We had to round up the figure to $1000 (makes it easy to do quick math).

He then asked us to guess with inflation how much this would be in 50 years. We discussed it and mention how inflation is around 3% and tried to get a figure. Our sales guy told us some ‘facts’ about how hotel inflation is 10% and how we could protect ourselves if we bought a timeshare.

After we told him no, he went to get a manager. We went through 3 more sales people who had different job titles. It was amazing how much cheaper a condo time-share became. It went from $30,000 to $15,000 to $10,000 and the final one was $5,000. The $5,000 was for an every other year deal. We kindly said ‘no’ to the different pitches. 

Basically we didn’t get the time share and we did get our Universal passes. All in all I thought it went well. I think a time share would be nice, just what they offered didn’t make sense to us. Afterwards in the hotel room, I looked at times hare prices and found I could buy the very same condos they wee selling for much less than the lowest pitch they gave. 

Did you know that there is a glut of timeshares that peope are trying to sell? I’m glad we passed on taking heir’ deal’. In case you want to find out more, please read as much as you can ahead. Here are some of my favorites:

I’ll post some techniques I noticed the salesperson used either tonight or tomorrow. It’s always better to be prepared before buying something. 
For the record, I’m not against timeshares, but if there is a more affordable way to get them, I’d like to know (and share).
Do you have any advice? Please share you thoughts. As you can see from my story, I’m just learning. 
Photo Credit: peasap

Obama’s $4,000 Tax Credit For College Students

By: Green Panda | Date posted: December 14, 2008 (1:20 am)

This is a guest post by Simon Zhen. Simon is the blogger behind Realm of Prosperity, where he regularly writes for young adults who want to prosper in life. He has been kind enough to write a post while I’m on my 2nd anniversary. 

The only time that most college students care about politics is when there is a chance to make some money. I’ve definitely refrained from having any involvement in politics but I came across interesting information when researching the Obama-Biden administration for class.

If you haven’t noticed from the title of the post, Obama plans to give a $4,000 tax credit for all college students who complete 100 hours of community service. We must start raising awareness to high school students heading for college and current college students. Financial aid, grants, and scholarships seem to always fall short of being able to give students a free ride for higher education. They need to know that they will have another option when it comes to paying for college.

Obama’s “America Serves” Plan

Here is the gist of Obama’s “America Serves” plan:

Obama and Biden will call on citizens of all ages to serve. They’ll set a goal that all middle school and high school students engage in 50 hours of community service a year, and develop a plan for all college students who engage in 100 hours of community service to receive a fully-refundable tax credit of $4,000 for their education. Obama and Biden will encourage retiring Americans to serve by improving programs available for individuals over age 55, while at the same time promoting youth programs such as Youth Build and Head Start.

Too bad I’m graduating this school year because I’d love an extra $4,000. For future college students, this “paid community service” translates to a $40/hr job. It would be stupid not to do it. Plus, you’d be doing a good thing while gaining a nice addition to your resume.

Possible questions of the plan:

  • Where is the money coming from? We ask this question of all government policies, especially in our current economic condition. There are millions of college students who may benefit from this plan and it would cost billions to government if this plan goes through and students actually take advantage of it.
  • Why can’t those who aren’t college students get something for community service? There are those who work full-time and still commit to serving the community. Some may believe that they should be entitled to a similar reward to provide tax relief. Certainly, if there was an incentive for non-students, there would be a widespread increase in community service throughout the nation.

Despite questionable support for the plan, it would great for college students. So, high school students, current college students, and parents should stay on alert and pay attention to the materialization of Obama’s plan because this affects them the most. The $4,000, or any amount, would be crucial in removing student debt and paving a more prosperous path when they graduate.

Photo credit: Water Watch

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Weekly Round Up: Enjoying Orlando

By: Green Panda | Date posted: December 13, 2008 (8:44 am)

Photo Credit:  kevindooley

It’s official, yesterday we started our vacation for our anniversary. We’re in Orlando, FL and at 7:30am the temperature is 44F and it’s sunny and clear outside. It’s supposed to warm up to 67F. The rest of the week is supposed to be high 70s, low 80s. 

The tip down here was eventful. I dropped by my mom’s and stay a little longer than expected, no problem, right? Well, it turns out I left my bag with my wallet, hotel confirmation, and other important things there! We lost about an hour and 1/2 getting that back. 

We stopped by Savannah, Ga for lunch. I went there a few years ago with some friends and had a great time. It seems like I completely forgot how to get back to the restaurant I loved before and instead we lost another hour looking and finally eating someplace else. We got stuck in traffic a few times and the last 20 miles took a long time, but we made it!

 When I’m relaxing in the hotel I’ll check my Twitter. I’ll be leaving micro-posts on things we did and how we saved on money. If you have any tips or suggestions,  contact me by email or use twitter. Our hotel offers better deals on some of the parks than I could find. It’s nicer than we usually reserve, but bidding on Priceline, we’re paying 1/3 of the normal price. I hope to put some pictures up as we go sightseeing.

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Have a great weekend. I hope to hear from you guys!

Planning a Vacation Without Spending a Ton of Money

By: Green Panda | Date posted: December 11, 2008 (2:33 pm)

Photo Credit: Pink Sherbet Photography

We’re leaving tomorrow at 5am (yikes) for a road trip down to Orlando, Florida. I’m excited and nervous about the trip. I’ve cleaned the apartment several times this week and when I get home this evening, I’ll do a once over and leave it alone. 

Handling a Car Rental for the Trip

We’re picking up a rental car for the trip.  We saved about $90 using Priceline’s bid option and we got a ‘name brand’ rental place. After last year’s problem with roadside assistance, I checked with my car insurance company to see what is covered with rentals.  Our policy will transfer all our liability and collusion coverage. 

Packing for a Road Trip

I’m trying to pack fairly light so, I have I’m bring some capri pants, regular pants, a few shirts, and a dress. I twittered some of my buddies to see their suggestions. 

I usually fit everything in one suitcase, but I want to reduce ironing at the hotel. I found some tips on properly packing your bags for a vacation.

  1. Pack clothing using the time-honored “roll” technique. Lay two or three items on top of one another, smooth to flatten, and roll them up like you would a sleeping bag to save space and prevent wrinkles. For added wrinkle insurance, place a sheet of heavy tissue or packing paper between items of clothing before rolling.
  2. Pack sweaters and underwear in reusable compression bags, which can create up to 75% more space in your luggage. (They lock in odors, so they also work for storing dirty laundry, but make sure they are dry.)
  3. Enclose toiletry containers in airtight plastic bags to prevent contents from spilling into your suitcase in the event of a leak. Wrap socks or pajamas around breakable items to cushion them.

Source WikiHow

We’re loading up the car tonight, so when we leave at 5am, as zombies, we can just locked the apartment and start driving. 

Finding a Good Hotel Cheap

We used Priceline again to bid on a nice hotel and ended up saving around $60/night. We got a nice place for the price of Days Inn. We happened to reserve a nice spot in the middle of everything, but we were fine with driving a bit more to get a good deal. 

Dining Out Inexpensively

We have breakfast included with our hotel. Our plan is to eat out for dinner and eat the leftovers the next day for lunch. It worked pretty well last year. We checked and the hotel has a kitchenette included, which is great. 

We’re bringing the laptop, so we’ll check reviews for value (quality of food and service). I’m taking a big cooler for when we’re hanging at the beach to cut down on expensive impulse eats. 

Do you have any suggestions on good places to at in Orlando? Please tweet me!

Souvenir Shopping For Friends and Family

Getting some gifts for friends and family is usually a part of our trips. We just want our loved ones to know we’re thinking about them. For our friends out of state, we’re mailing a package to a mutual contact, saving on some postage.

Last year I did an unofficial price comparison on Disney Souvenirs:

I bought a Small Donald Duck doll for $5 plus tax(6%). The next day we went back to Disney World and I kept an eye out for a comparable doll. I didn’t have to find a comparable doll. I found the exact same doll, for $13 after taxes. (Disney seems to have a standardized price on dolls based on size.)I don’t know the wholesale price of that doll, but I’ll use Wal-Mart’s price since they claim to have the lowest price. 

Be sure to look around before you just impulsively buy something. Besides, you don’t want to clutter up your friends places with knick-knacks. 

Have Fun!

I’m going down to celebrate our 2 year anniversary, so I’m going to have fun no matter what we do.  It’s a happy occasion and I want to enjoy it. Enjoy your weekend!

December 2008: Progress Update

By: Green Panda | Date posted: December 08, 2008 (8:17 am)

 

Photo Credit: ivanx

The year is almost over! I’m going to do a review of my goals on December 31, 2008. Hopefully you’ll see how well everything is coming along. 

Let me first review my goals for this year. As readers have been noticing, they have been adjusted to fit our circumstances:

  • Income: The goal is $60,000 for the year as a family.
  • Spending: I’m going to continue cutting back on eating out to twice a week, including weekends.
  • Investing: We’ll contribute to our retirement funds.
  • Saving: We’ll have 3 months expenses in an emergency fund.
  • Debt: I would like to pay off my car loan by December 31, 2008.

Overall, I’m proud of how it is going. Here’s how I’m doing now:

  • Income:  We’re doing well this year, but I don’t think we’ll make our goal. 
  • Spending: I’m doing pretty good with this. I’m also doing Ramit’s save $1000 in 30 Days Challenge, so I’m cutting back a bit more for this month. I reached my goal and then some! 
  • Investing: As expected, our portfolios have declined still a bit more due to market conditions, but slow and steady wins the retirement race. 
  • Saving: Our joint savings with ING Direct is holding steady. Once the car loan is eliminated, we’ll build this back up.
  • Debt: The car loan balance is now $$958.23 (I just checked this morning at 8:04am). It’s looking good and I’m happy and seeing this amount decrease. 

How are you working on your goals? How have you’ve you coped with unexpected changes?

 

 For those who want to see how I made my goals for Ramit’s 30 Days to Save $1,000 Challenge:

 

It was a ton of fun and I’m glad, I’ll still get to save month to month with some of his tips. 

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Weekly Round Up: Preparing for a Vacation

By: Green Panda | Date posted: December 06, 2008 (4:56 pm)

Photo Credit:  law_keven

Starting next Friday, we’re taking a week off for a vacation and celebrating our 2 year anniversary. We managed to save some money on our hotel bill and Disney World tickets. While we’re on vacation, there will be posts here on Monday, Wednesday, and Friday.

If anyone wants to submit an article for either Tuesday, Thursday,  Saturday, please contact me. If we do bring the laptop, I’ll check my Twitter account. Next week will incude a post on some things we did to save money on the vacation. If you have any tips, email me by Tuesday night (9pm EST)and I’ll include it in the post.

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What Do You Need to Set Up a Dinner Party? Conversations and Networking

By: Green Panda | Date posted: December 05, 2008 (12:29 pm)

 

Tips on Having a Great Conversation

Since I’m assuming that most of your dinner guests are friends, family, or acquaintance, then I’m going to focus on how you can grow a better relationship with someone with conversation.

  • Focus on others. We like to have a captive audience and your guests are no different.
  • Listen carefully to the other person. I tend to get distracted easily, so when we have people over I turn off the laptop. I invited people over because I enjoy their company I don’t want to ruin it by checking my email.
  • Ask follow-up questions. Sometimes we think we have to be an expert at everything to hold a conversation. The truth is we learn so much more by being a student. Ask them to clarify what they mean, how did they come up with that idea, and eve ask them to break it down for you. Not only would that e a boost to their ego, you’ll learn quite a bit. 
  • Be loyal. If you’re friends with someone and a guest says something negative about the person (whether they are at the party or not), kindly stand up for your friend. People notice loyalty and seek it out. You may not have the biggest circle of friends, but you can build the strongest circle. On the other hand, avoid negative gossip as it can ruin your reputation and others.
  • Introduce people by sharing a story. A great way to introduce people is to share one or both of them have helped you tremendously. Genuine compliments are always appreciative and having a story helps to break the ice.  

Parting Thoughts

Try and remember to keep the dinner party planning easy, classy, and affordable. The company and host make it memorable.

Photo Credit:Hamed Saber

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Throwing a Classy and Easy Dinner Party: Desserts

By: Green Panda | Date posted: December 04, 2008 (8:03 am)

Photo Credit:  MR+G

Check out the whole Dinner Party Series

  • Throwing a Classy and Easy Dinner Party: Drinks
  • Throwing a Classy and Easy Dinner Party: Appetizers
  • Throwing a Classy and Easy Dinner Party: Meals
  • Throwing a Classy and Easy Dinner Party: Desserts
  • Throwing a Classy and Easy Dinner Party: Conversations and Networking
  •  

    What Do You Need to Set Up a Dinner Party?

    • Decide how big you want the party to be. My suggestion? Try 6-10 guests for your first outing. 
    • Decide who you want to have over. Don’t just invite your same circle of friends. Introduce different people and personalities. 
    • Plan out a basic meal. Try to get a really easy menu planned out. If you’re not a good cook, make something easy or even buy something.
    • Consider asking others to bring something. It’s a great way to reduce your workload and get to know your friends. If you feel bad asking up front; wait to see if they ask if they could bring anything, take them up. They wouldn’t offer to help if they didn’t want to.

    Quick and Easy Dessert Recipes 

     

    Lemon Ricotta Granita

    Ingredients

    • 1 cup water
    • 3/4 cup plus 1 tablespoon sugar
    • 2/3 cup strained fresh lemon juice
    • 3/4 cup whole milk ricotta cheese
    • Pinch salt
    • 1 lemon, for zesting

    Directions

    Stir the water and 3/4 cup of sugar in a medium saucepan over high heat just until the sugar dissolves. Whisk in the lemon juice. Pour the lemon mixture into an 8-inch square glass dish. Cover and freeze, stirring occasionally, until the liquid just becomes slushy, about 2 hours. Using a fork, scrape the granita every 30 minutes until it is completely made up of ice crystals. (The granita can be prepared up to 2 days ahead. Cover and keep frozen, and scrape every so often so that the crystals stay loose.)

    Whisk the ricotta, remaining sugar, and pinch of salt in a medium bowl to blend. Spoon the granita into dessert bowls. Top with a dollop of the ricotta. Zest the lemon peel over the desserts and serve.

    Special thanks for Remodeling this Life’s wonderful recipes.

    Apple Pie Cake Take 3

    • 2 cups flour
    • 1 cup packed light-brown sugar
    • 2 teaspoons cinnamon
    • 1/2 pound (2 sticks) cold unsalted butter, cut into 8 pieces
    • 5 pounds tart apples, such as Granny smith (about 12)
    • 2 tablespoons fresh lemon juice

    1. In a large bowl, combine the flour, brown sugar, and 1 teaspoon cinnamon. Using an electric mixer or a pastry cutter, cut in the butter until the mixture forms pea-size pieces. Press two-thirds of the mixture onto bottom and 1 inch up the side of a 9-inch springform pan.

    2. Preheat oven to 350. Peel the apples, cut into thin slices, and place in a bowl. Pour off any accumulated liquid. Toss the apple slices with the remaining teaspoon cinnamon and the lemon juice, and put them in the prepared pan, pressing down gently as you pack them in (they will mound above the edge of the pan). Sprinkle the remaining crumb mixture on top.

    3.Put the pan on an aluminum foil-lined baking sheet, and bake for 1 hour and 15 minutes, or until golden brown on top. Run a knife around the edge of the pan, and let the cake cool in the pan to set. Serve at room temperature.

    **Serving suggestion– Dust the top of the cake with confectioners’ sugar. Also, a scoop of vanilla ice cream goes perfect with this.

    A Mug of Hot Chocolate Cake

    •  8 tablespoons (1 stick) unsalted butter, plus extra for coating
    • 3 tablespoons all-purpose flour, plus extra for dusting
    • 1/2 cup sugar, plus extra for dusting
    • 10 ounces semisweet chocolate, coarsely chopped
    • 4 large eggs
    • 1 large egg yolk
    • 1 teaspoon vanilla extract
    • 1/4 teaspoon salt
    • 1/2 cup mini marshmallows
    • 2 tablespoons unsweetened cocoa powder

     

    What to do

    Preheat oven to 375° F. Generously butter, flour, and sugar eight 6-ounce coffee cups or mugs made of ovenproof stoneware (see tip below). Wipe the rims clean.

    Place the 8 tablespoons of butter and the chocolate in a medium heatproof bowl over a pan of simmering water and melt, stirring once or twice until smooth. Remove from heat and let cool 5 minutes.

    Using a handheld mixer, beat the eggs, yolk, vanilla, salt, and 1/2 cup sugar at the highest speed until the volume doubles and the mixture becomes foamy, about 5 minutes. Stir the 3 tablespoons of flour into the chocolate, then gradually add it to the egg mixture, beating on low until it’s fully incorporated. Ladle the batter into each cup until it’s about 1/2 inch from the rim.

    Bake until the cakes puff and begin to crack but the centers are still a bit runny, 13 to 17 minutes. Remove from oven. Sprinkle with marshmallows, then return to oven for 2 to 4 minutes, until the marshmallow tops begin to crisp. Remove from oven; let cool about 5 minutes. Sift the cocoa on top.

    Tip: You can bake these individual cakes in coffee mugs or teacups, or use eight 6-ounce ramekins. (To determine if your mugs are ovenproof, refer to the packaging or check with the manufacturer.) Alternatively, a single cake can be made in a 10-inch springform pan or pie plate with enough regular-size marshmallows to cover. To do this, increase the initial baking time to 22 to 25 minutes or, if you prefer a more gooey center, to 17 to 20 minutes.

    Here is how mine turned out. Not as pretty as their photo but still looks and tasted sooooo gooey yummy delicious. It was really fun to do with my daughter, who loves anything involving chocolate and marshmallows.

    S’more Brownies

    Ingredients

    Crust:

    • 6 tablespoons unsalted butter, melted
    • 1 1/2 cups crushed graham cracker crumbs
    • 2 tablespoons sugar
    • Pinch fine salt

    Brownie:

    • 8 tablespoons (1 stick) unsalted butter
    • 4 ounces unsweetened chocolate, chopped
    • 1 cup packed light brown sugar
    • 3/4 cup white sugar
    • 1 1/2 teaspoons pure vanilla extract
    • 1/2 teaspoon fine salt
    • 4 large cold eggs
    • 1 cup all-purpose flour

    Topping:

    • 4 cups large marshmallows

    Directions

    Position a rack in the lower third of the oven and heat oven to 325 degrees F. Line an 8 by-8-inch square baking pan with foil so it hangs over the edges by about 1 inch.

    For the crust: Lightly butter the foil with some of the melted butter. Stir the rest of the butter together with the crumbs, sugar, and salt in a medium bowl. Press the crumb mixture evenly over the bottom of the pan. Bake until golden brown, about 20 minutes.

    Meanwhile, make the brownie. Put the butter and chocolate in a medium microwave safe bowl. Melt in the microwave on 75 percent power for 2 minutes. Stir, and microwave again until completely melted, about 2 minutes more. Alternatively, put the butter and chocolate in a heatproof bowl. Bring a saucepan filled with 1 inch or so of water to a very slow simmer; set the bowl on the pan without touching the water. Stir occasionally until melted. Stir the light brown and white sugars, vanilla and salt into the melted chocolate. Add the eggs and beat vigorously to make a thick and glossy batter. Add the flour and stir until just incorporated.

    Pour batter into the prepared pan. Bake until the top is crispy and a toothpick inserted into the middle comes out mostly clean, with a few crumbs, about 40 to 45 minutes.

    Remove from the oven and carefully position a rack about 6 inches from the broiler and preheat on low. Layer marshmallows across the top and toast under the broiler until golden, (keep an eye on it, it can go quick), about 2 minutes. Cool on a rack, gently removing the brownies from the pan using the aluminum flaps. Carefully separate any marshmallow from the foil and fold away. Cut into 12 (2-inch) squares.

     

    Parting Thoughts

    Try and remember to keep the dinner party planning easy, classy,and affordable. The company and host make it memorable.

    What desserts do you serve at your dinner party? What works and what doesn’t?

     

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