When we bought our current money pit, erm, house, we expected to get pretty good energy efficiency due to it being a concrete and Styrofoam construction method, think adobe style with 1’ thick walls. Yes, 1 foot thick (0.3 m) walls that provide extra wind resistance to over 300 mph (allegedly), better fire ratings, and definitely better insulation properties than a traditional built home. When we replaced our furnace and AC unit last year, we opted for a more efficient system because it costs less to operate, uses less resources to run, and we thought it would go well with the rest of the energy efficiency aspects of the house. What we didn’t realize is that the home was built with the concrete walls because the previous owner was terrified of tornadoes… Um, maybe move out of tornado alley? IDK… Just a thought.
If this was my worst fear, I wouldn’t have moved to “NO-klahoma” image credit: Mike Hollingshead
Beyond that fear, they didn’t care at all about energy efficiency. We’ve been making some efficiency improvements around here and even during these past 2 cold spells, our downstairs has stayed above 62 F WITHOUT the heat coming on all day! This was during a 3 day cold snap with temps around the 30’s F and the latest cold spell with temps of 26 F and 30 mph constant winds with 50 mph gusts. The inside temp finally got down to 62 F by 5pm, but again, this is without the heat coming on ALL DAY! How did we pull this off? By throwing money at it of course!
Man, with school out, there has been so much going on around here. The kids are home full time, so that hinders me doing a lot out in the yard, but we’ve been having a lot of fun hanging out, playing, and hitting up the pool, museums, and zoo so far! However, I have still been able to do yard work, just not as much. Today, I have someone outside cutting down trees for me! First time since we’ve moved I paid someone to cut down some of the 100+ trees I’ve cut down so far. Granted, most are under 6” diameter, but there have been a fair amount of 6”+ trees for sure. When I found out the guy that hauls stuff off charges the same whether they cut the trees or I do, I scheduled him and went and bought flagging tape to mark trees. That leads to today’s topic. When equipment breaks should you replace it with same quality, better quality or lesser quality equipment? I’m talking about my chainsaw, but it applies to anything. My BIL used to tell me he was raised to be “frugal” and even though he knows if he buys the “cheap” version, he’ll have to buy 2-3 of them when they break each time, he still buys the cheap version instead of a pricier quality version. I was struggling with this yesterday when my 25 yr+ old chainsaw died. RIP chainsaw.
Goodbye old friend. Thanks for the work!
Is Bigger Better?
I currently have a 16” chainsaw meaning it can cut 16” deep into a tree. My first question was, do I need 18” or 20” chainsaw? They could be nice having the extra bar/chain to slice thru trees, but is it overkill? I’m 80% of the way done cutting down trees, and haven’t had a problem with the chainsaw I have now. The bonus of the 18” and 20” is a bigger engine and better cutting power. So while mine may have been fine the newer bigger saw wouldn’t get bogged down when dealing with the few big trees I’ve felled and still need to cut down.
Hopefully, they come down better than this one…
With Bigger comes more weight. Do I really want to lug around 12-14 lbs of chainsaw all day? I know my arms get tired after 6-8 hrs of cutting trees, limbs, and hauling and stacking stuff, so how would it be with and extra 2-4 lbs added to it? Maybe just replace with same size is the better option.
I Could Buy Cheaper
I also was bummed when it died (the fuel tank cracked at the corner and isn’t replaceable) because I knew it would be $200-$400 to replace. UNLESS!! I went with a “lesser” brand like Blue Max or Remington or Ryobi, then I could replace it with a bigger bar, engine, and similar weight for $150! So what if I end up buying another one in a year or 2, I should be done with cutting trees by then and would just need it for maintenance, storm cleanup, etc… The big key is how cranky do those things get after a while? I hate finicky yard equipment and it sucks starting the day with a tired arm because it took 60+ pulls to get something started. Ugh, no thanks, I’d pay double for something to start quickly and run well.
The big kicker is that those “lesser” brands have 4 star reviews with over 700 reviews! That swayed me a bit to getting one of those and going the cheap route. Again, I didn’t trust that they wouldn’t be finicky by mid-summer or fall when I get back into the yard more. The biggest complaints were them breaking due to using lesser quality materials, but man, the people that love them, really love them! It’s a lot to think about especially for me who could stand in an aisle for 20 minutes not moving staring at chainsaws debating chainsaw length of life, finicky-ness, reliability, replacement cost, usage, replacement costs for chain, bar, etc… (all more the bigger it is) and more just to make sure I get the best thing for me.
What About Replace with Same
I could also just replace it with the same thing I had been using. It worked well, the engine is big enough, and everything else has been big enough, so why debate it, just get another one. They’re $260 and I already have a replacement blade, sharpener, etc… with files for a 16” and this blade. I wouldn’t have to mess with that. I’m familiar with it, and except for some finicky-ness starting, #asexpected, it worked fine. Actually, it was a bitch to work with. I’m debating why I’d want to replace it with the same thing and not a different brand? Mainly because I think a 20+ yr old Honda doesn’t compare to a 2019 Honda, and am expecting if I got a 2019 chainsaw, it would perform like that, for better or worse. I think replace with same is my best bet financially and for peace of mind.
Should I Upgrade?
What if I upgraded to a better brand, like Stihl where you know you’re getting a reliable workhorse. Those start at $350 and then go up from there… Yipes! I don’t know if that’s overkill for my situation or not. I love my Stihl brushcutter, starts by the 2nd pull each time, and I’ve used it a LOT. Is it worth it for $400? Normally, I’d say hell yeah!! Go big or go home!! Wait, I don’t say that. Anymore… I would like something that reliable and strong, but do I need a Lexus, if a Jetta would do the trick? JMoney, you don’t get to answer. Yeah a Lexus is nice, but is it overkill for my situation? Probably not, but after getting hit with $13k of door and window replacements, $2500 for more brush hauloff and a $5k IRS bill from some stocks not loading into TurboTax correctly 2 years ago… Seriously, it loaded every other stock sold on that same day from that same account, but not that one?! WTF, Turbotax, WTF?! Rant over…
It’s nice to think about and I’d probably not have to buy another one, ever, but I just can’t get myself to pay for that chainsaw right now.
Applicability to Life?
I find myself in this same situation with all sorts of things. I ask myself should I upgrade, stay the same, or cheap out and just get something to work right now? It’s a tough question because it depends on what is getting replaced. Like with our windows, the guy said, ~10% of your home worth is what you should use as a rule of thumb for replacing windows in your house. Spend more and you’re overbuying, spend way less and you know it’ll be cheap and may not be what you want, but in that range of 10% is close to where you want to be.
If only everything had a good rule of thumb for buying. I look at what I’m replacing and go from there. If it’s my phone for instance, I cap it at $300. That limits my decision, and if it’s over $300, I’ll pay out of pocket from my allowance, so I ask myself, is it worth $100, $200, $400? An extra $100 sure if it’s a significant upgrade, but $400, no way… Haven’t found that phone yet.
You have to do the same and ask what is good for you. Is it worth it to upgrade, what about just replacing with the same? Do you need to upgrade? Did you overbuy last time? I try not to overbuy but can get stuck in the trap sometimes.
I find that asking these questions helps when debating replacing something that has died.
Summary
I ended up just replacing with the same for $281 out the door. Although the chain snapped 3 branches in and sliced my leather glove, seriously, it was razor sharp, I’m so bummed… I’m so far happy with it. It made sense for me as I already have an extra chain or 2 that I just swapped out and kept going, I have a file for the blade, and a sharpener, so I don’t have to get anything new for it. That reminds me. I need to finish up the 3 trees I was working on last night.
What about you? Do you have difficulty with these debates when replacing things that break on your end? Am I just overanalyzing things when I buy stuff?
What a year 2018 was for the SSC household. There was a LOT going on with the kids, the dogs, our house, and most importantly both of our jobs. At the beginning of the year we were designing a house to be built on our property at Canyon Lake and expecting to be in Houston for another 2 years. By the end of the year I wasn’t working and we were celebrating Christmas in our “new” house in Oklahoma. Wow! Just wow… Even for us, things seemed to come so unexpectedly the only thing that we knew to count on was that our plans would constantly be changing. Ultimately, it was the year we kicked off our dream of the Fully Funded Lifestyle Change (FFLC)!! There was a lot more detail than just that, so let’s get into the 2018 recap.
Moving Time
Early in 2018, Mrs. SSC landed a really sweet gig working at a well-respected University with a strong and established petroleum program. This forced us to move to Oklahoma and it wasn’t even on our radar for places to live. We found a great place out in the country with 2 untamed acres. On the plus side, we could shape it to be as wild or as manicured as we want because literally nothing had been done to the woods except let them grow wild.
Goodbye Green Wall of Doom!
The downside is that there is a TON of downed timber across that 2 acres, a lot of underbrush, and it isn’t anywhere I’d want the kids or myself wandering through in the summertime. I’ve been putting a big dent in clearing that brush, and I’ve cut down about 20+ trees already. I have marked so many more trees with flagging tape that I ran out of 200’ of tape. Yipe!
Selling Property Sucks
Our Houston house went on the market in mid-March and we figured it would be slow until summertime, but expected to be able to sell it over the summer. It went 90 days without a showing, in part I believe to the “okay but not great” photos that were taken. Pro-tip – interview multiple realtors prior to picking one. Ours was Mrs. SSC’s trainer and was convenient, but I feel like we could’ve found a better realtor and saved ourselves a LOT of $$ and anxiety. Mid-summer we got an offer and man were those buyers nit-picky. They argued over every single dime wanting us to put up more and more money. After a month of negotiations on post-inspection fixes, we found out these jack-wads weren’t even approved for a loan! How does that happen!? Well, they barely squeaked by for a pre-approval with a high 500’s credit score. Fast-forward 5 months and who has been missing car payments and racking up MORE debt? Those guys. Needless to say, their credit score had dropped to low 500’s and they couldn’t get approved for the loan. Thanks for keeping our house off the market the last month and a half of summer and being jackasses about EVERY single item… Ugh…
Buyer #2
The next buyers wanted our property, but didn’t want to make an offer until their house sold. However, they wanted us to take it off the market and hold it for them. Can you hear me laughing? That was rejected, and the house stayed on the market. Another buyer put in an offer and had the inspection done, then pulled their offer 3 days later. Their main concern was having to replace the water pipes due to the amount of rust coming out of them. We were puzzled and then remembered we’d replaced the main shutoff and the plumber told us to run the water to flush any rust/sediment/etc… that had gotten knocked loose and that it may look dirty until it gets flushed. We asked our realtor to do that and he had done it, according to him. Those pictures of the bathtub with rusty looking water said otherwise… Ugh…
Third Time’s a Charm
FINALLY, we got another interested couple, they made an offer, were easy to negotiate a price with, and we were under contract. We waited for the inspection and heard nothing. Literally nothing. We contacted our realtor and he said that they’d gotten the inspection and didn’t have any follow-up requests for us to fix. Yay!! While we technically closed in 2019, we did finally close on that house and that 2018 contract went thru. Yippee!
Leaving My Job
Me leaving work was a little tricky due to the fact that I had to prep the house for sale, keep it under wraps, AND spend time driving up to Oklahoma for house hunting, home inspection, and closing. It was easy enough to tell work that I’m “taking time off” but everyone was convinced I was interviewing at other companies. That was just fine with me, because what do I care what they think? I’m leaving in 3 months.
One Friday, I was at my desk and get a call from my boss to come to our bosses office. I get nervous and then think, wait, why am I nervous? I didn’t do anything wrong. Then I got excited thinking I might be getting laid off and could get a severance package. Buoyed by that prospect I went in, sat down and was told I was being promoted to my bosses position but for our Texas-Delaware Assets. Hooray… Ultimately, I declined that offer, and you can read more about it here. Since my upper managers now knew I was leaving in August, I wasn’t getting any more additional work or put on other special teams. Double yay!!
When the time got nearer for me to leave my boss proposed a 3 month remote work assignment to help with reserves. It got approved and ultimately we had 3 more months of pay, health insurance, and a little extra $$ we hadn’t counted on to help with the “new” house projects. It turned out to be a mixed bag that you can read more details about here, but ultimately it worked out well for everyone.
Money Pit
The new house is the last big topic of 2018. When we moved in we knew it needed some cleaning and maintenance as it looked like it hadn’t been maintained in the 16 years it has been around. We got the ducts cleaned, I vacuumed the walls, and I dusted and cleaned every other surface and Mrs. SSC was still having troubles with allergies and breathing. The previous owners had a cat, so I suggested that we replace the carpet sooner than later. We did that and her breathing got immediately better. Hooray!!
The house temp wouldn’t get cooler than 83/84 F on days when the outside temp was over 93. We had an AC inspection and it was working correctly and pumping out cool air, but that wasn’t the issue. The issue was that it was a 3 ton unit and this house needed a larger unit than that to be effective… I shopped around 4 different contractors and found a great deal on a higher efficiency unit than we previously had, and after it was installed problem solved.
I also noticed that the upstairs bonus room was a heat/cool sink for the house. Everywhere else appeared to have adequate depth blown-in insulation but the walls for this rom were only 4” thick. I wanted to get some more insulation and add it to them along with some other spots I’d noticed that had thin blown in insulation (4” or less). On Black Friday, Lowe’s had 30% off their insulation. Score!! I bought 24 batts (11 pieces in each batt) of R-30 insulation for ~$1k discounted, installed it myself, and have seen some great results. Plus, now I can keep the heat off in the bonus room. On the coldest nights it gets down to 58 but mostly stays between 60-64 without any heat on. Double Score!!
Summary
That’s the very long recap of our year. I’m sure I may have missed some things, but those were the biggest ones for us. So far, we’re loving the town, country living, the kids school, and our neighbors. While this state wasn’t even in the running for places to consider living in, we are really liking it. There’s more topography than we expected, especially in our home area. The people are super friendly and it feels like it has a great sense of community about it. I can’t wait to see what’s in store for 2019! Be on the lookout for a “new” home spending post. There’s way too much to put into this one, and it is ridiculous…
Hope your 2018 went as great for you as it did for us.
This past week I have had 3 different Heating and Air Conditioning companies at the house explaining to me what is wrong with our AC system and what it would take to correct it or replace it. That’s right, only 6 weeks in and the whole AC/Furnace unit needs major servicing and/or replacement. Thank goodness for the home warranty! Oh wait, it isn’t broken. It was just installed improperly and is undersized for our house. This explains why it can’t keep the house cooler than 83 F when the temperature gets above 94 F outside and why the unit keeps running and running and running. However, since our system isn’t broken (it’s just undersized) according to the home warranty, we’re good!
While a lot of things have changed for the SSC family in the last few months, there are some things that haven’t. We are starting to get our new schedule established, and responsibilities are getting divvied up accordingly. A new plan of attack is being worked up for this Lifestyle so we can make sure we don’t screw things up budget wise. For those that haven’t followed along much on Twitter, here’s a final update before I get down to brass tacks next week discussing all new meaty PF stuff like these topics. “What the F is the budget going to look like? Where is my sense of purpose going to come from when I quit my remote work assignment at the end of October? What is our new plan? We were successful building, working towards and implementing our Lifestyle Change, but now what?! Life moves on and we can’t just sit around watching it go by, so what are we going to start planning for next?” Stay tuned for all these discussions and more! Until then, here’s a final update on where we are.
Man was Friday an exciting, stressful, adrenaline fueled sort of day. It definitely added another notch in the career belt for “crazy things that happen at work.” If you didn’t catch what happened on Twitter this past week, here’s the short version of what happened.
I just got promoted to Subsurface Team Lead… I’m still planning on leaving in 3 months… Hooray and oh shit… That sure complicates things pic.twitter.com/lhgaW5Q6Av
If you’ve been following the blog for a little while, you’ll know that my GM “Bill” put me on a development track to get recommended for “the next available” team lead spot. While some positions came and went without me being promoted to them, true to his word, Bill did recommend me for a new team lead position. On Friday he announced to me and my current boss that I would be leaving his team because I was being promoted to the Subsurface Characterization Team Lead for Texas Delaware Basin. Essentially, I got promoted to my boss’s position just a different part of the basin. What neither of them knew was that I wouldn’t be an employee here after August 2nd. Whoops… That led to some soul searching as to what would I do, and the “not as awkward as you would think” conversations I had when I ultimately declined the promotion.
As our Lifestyle Change unfolds, we have been making some wholesale downsizing changes around our household. We found over 5 car loads of items to donate, we’ve sold multiple items, given away too many items to count, and have taken advantage of our “heavy trash” day to get rid of items we couldn’t give away or sell. Beyond being a little embarrassed by how much stuff we have accumulated in the last 5 years, we figured we were doing well with downsizing.
Then I did a podcast interview with Denis and Katie at Chain of Wealth. During that interview when I was talking about trimming our excess spending by looking at things as “a want or a need”, Katie mentioned that she liked to think about an item in terms of, “Do I want this badly enough to have to pack it and move it?” Mrs. SSC heard that and took it to heart because we’ll be moving in another month and we will be downsizing from our current house. Now that we potentially, have a new house, we know how much space we will have and what things can or can’t move with us.
Here are updates from the past few weeks on how our lives are going with the Lifestyle Change.
Today, I’m featuring our podcast interview with Chain of Wealth. If you haven’t heard of them, you should check out their site. It is run by Denis and Katie and they set it up to document Katie’s debt payoff story while inspiring other folks to tackle their own PF issues. They blog about Katie’s debt payoff story and other personal finance related topics and they put out podcast interviews with other inspiring people on Mondays and Thursdays. Currently, their podcast has 58 episodes and includes names like Erin from Broke Millenial, Tanja from Our Next Life, Billy from Wealth Well Done, and Matt Lane from Optimize Your Life just to name a few.
There has been a lot going on in the SSC household this year, with me getting positioned to move into a leadership role at work and Mrs. SSC making it to a finalist position for a new job at another university. These changes may or may not shake up our latest Canyon Lake plan, depending on which one comes to fruition, but it reminded us that we’ve positioned ourselves to be able to fully evaluate and take advantage of these opportunities when they come up. We have the freedom of choice in whatever opportunities show up. We keep talking about a Fully Funded Lifestyle Change (FFLC), rather than Financial Independent Retire Early (FIRE) because we feel like we will most likely do something when we early retire. Like most bloggers that reach FIRE, few actually “retire”, but instead transition into having the freedom to work at the schedule, lifestyle, and type of work that they want to do, rather than be stuck in a 40+ hr a week job.
What we realized is that we won’t be leaving the workforce totally, we’re just transitioning into something else. Mrs. SSC has been more hesitant about this transition than I am which is what ultimately led to our Canyon Lake plan. She had the “misfortune” of getting her dream job a couple of years before we were planning to hit FIRE and enact our FFLC plan. Now that she’s been in that job a few years and away from megacorp, she isn’t scouring the PF blogosphere looking for “ways to early retire” from a job and lifestyle that she hates. We’ve been able to transition into a good comfortable lifestyle with both of us working jobs we love. Most bloggers, us included, talk about “retire to” something, or “find your ikigai” so you have purpose post career. What if your career is fun and you don’t necessarily want to retire from it?
Last week I wrote about my skip a level meeting where I was told I was going to be recommended for the next geoscience leadership position. It was exciting news and I am happy to be recognized for that recommendation, but I’m not the only one in the house with upcoming career decisions. Last Fall Mrs. SSC saw a job posting at a large University that, on paper, looks like it would be a great fit for her and our lifestyle. She didn’t think that she would be a strong candidate, but like the lottery, you can’t win if you don’t play, so she turned in her application. Months go by, and she gets a call that she has made the short list of applicants! Currently, she passed that round of interviews and has moved on as one of the finalists! Congrats to Mrs. SSC!!
The only real issue is that this new career move would drastically alter our current Canyon Lake plan, as the position is in a different state. Yep, if everything turns out roses and rainbows, such as Mrs. SSC gets an offer, likes the University, and more importantly the job and time requirements of the position, we could potentially be relocating as early as this Fall. Yipe! There are still a lot of things to consider if everything aligns in that way, and here’s what we think could be the good and bad of that position.
One Friday, I was at my desk and get a call from my boss to come to our bosses office. I get nervous and then think, wait, why am I nervous? I didn’t do anything wrong. Then I got excited thinking I might be getting laid off and could get a severance package. Buoyed by that prospect I went in, sat down and was told I was being promoted to my bosses position but for our Texas-Delaware Assets. Hooray… Ultimately, I declined that offer, and you can 
