It's book buyback time!

Yay! It's my favorite time of the year - book buyback time, where I can attempt to recover a small percentage of money back on the books I had to buy for the past semester. I only have one book this year - from an online course I had to take - and have already had it "appraised" online. It's worth about $50 all around, which is good for me - that's a tank of gas! I usually end up at Off Campus , since they have always been able to give me more on my books, and buy back ones the Supe Store , who is pretty particular, won't take.

However, there are other places in the area:

Alabama Book Store,
has two locations on Bryant Drive (one near Tutwiler and one near The Strip) , and they're pretty friendly.

The College Store just opened a new location on 15th street.

Depending on how much you get back, you can use your money to treat youreself to an end of the year present, or put the money towards getting something for Mom - Mother's Day is May 10!

Sunday Blogroll

It's my birthday! Go ME!

Looking for a job? These Fortune 500 companies are all hiring as of right now.

Try something new in your diet and your wallet by going vegetarian to save money.

Check out these iPhone apps geared at money management.

If you are a discount member at this store, you are allowed to use their wi-fi for free- it's included in your discount. It's a great venue change from the library, so take advantage of it!

Thirsty? Be cheap and make your own Gatorade.

I love you. You will be missed!

What did your mother teach you about money?

My mother, the oldest of five kids who lived in a two bedroom house all of her life, often told me of stories where my Paw Paw would make a game of being late with bill payments: when the water was cut off, he would run around the back of the house and cut it on again and shared a special bond with my mother over the fact that she was able to yell at creditors over the phone just like he did. Both he and my grandmother held steady jobs and worked hard all of their adult lives. Paw Paw, a WWII vet, was able to retire and live off his pension, but my Grandma continued to work after her retirement, partly because she wanted to and partly because she had to. She has been working up until this year, when she was forced to quit her part time job due to health problems. This is not uncommon, as most of the women who live on Grandma's block are over the age of 75 and still work 9 to 5 to make ends meet

Mother, on the other hand, has lived her life a bit differently. She has held a job since the age of 15 and supported herself through college working at the library and through scholarships (she was the valedictorian of her class!) At the age of 23, she got a job with The Penney Company as a manager and held her title and position with them until she retired this year, after nearly 37 years. She has an IRA, a 401 (k), life insurance policies, health insurance, and a house that is almost paid for, along with a monthly pension she will receive from The Penney Company. She has the luxury to road trip to her hometown of Memphis whenever she needs to, and at this point in time can just take it easy instead of having to look for another job.

With all this being said, I think the better question now is: what did Mother teach me about money stemming from what Grandma and Paw Paw taught her about money?

Know better, do better: My mother went to great lengths to make sure she had enough money to retire on and to have something to pass on to her heir. She knew she didn't want to work the rest of her life, and made it her goal to do so.

Take advantage of sales and discounts: My mother had an employee discount from Penney's, and because of that and the great sales they had, she was able to afford me amazing Christmases and birthdays, as well as be a "gift fairy" for my cousins and other family and friends

Use it til you lose it: My mother has only owned two cars since I've been alive: an Oldsmobile, which she drove for 12 years, and a Chevrolet, which she has been driving for the past eight years. I used to think she was just being cheap by not getting new cars, but now I understand it it wasn't broke, no need to fix it.

Own - don't buy - everything: My mother has always owned outright her own home and car, as well as other assets. She never had to worry about someone else taking it back, because she made her payments on time and in full.

Make the most of your investment: In the two homes my mother has owned, she has made vast improvements: hardwood floors, a storage house, and other indoor improvements have increased the value of her home.

If I think about it, my financial education has been with me all along - all I have to do is apply it accordingly.

Love you!

So, what has your mother taught you about money?

Do you buy yourself birthday presents?

I think I am going to start a new tradition this year.

While browsing on ebay (as I often can be caught doing), I came across this to-die-for tote by Matt and Nat:

The Marais Tote retails for $260, but if I'm lucky I can get it for a fraction of that. I originally felt guilty for lusting for it, but then I realized that since my birthday is five days away, I want/need a new bag, and I'm trying to be more of a professional? why not treat myself and say Happy Birthday To Me!

I think I will.

Now I have to figure out what to buy myself for graduation!

Comments?

Obama makes his departments cut back

Grrr!

President Obama has started making budget cutbacks in his own workplace, namely within the many departments that make up the Cabinet. He has begun a $100 budget cut challenge that will be in effect over the next three months. Small steps are key, ranging from ordering office supplies in bulk (Homeland Security) to switching to video conferencing (Veterans Affairs). Bigger changes though, like consolidating 1500 employees into a single office,(Agriculture) prove to be a bit more challenging.

Although you have to admire the President's tenacity, the cuts will only chip away at < href="http://hotair.com/archives/2009/04/20/obama-demands-00029-budget-cut-after-running-up-spending/"> less that 1% of the National Debt. I think that the President hopes leading by example will help others to focus on cutting spending. Thoughts?

How much have you been whipping out the plastic lately?

I'll admit for me, it's been quite a bit in the last month.

Generally, I only use my card to cover gas, which runs me around $40 a fill up, but lately I have had to use my card for what I consider "inevitable debt".

For instance, about two weeks ago at the Graduation Celebration, I plunked down about $400 for invitations and a cap and gown. Last week, I spent $200 on car repairs. And I still had to get gas. It hasn't been pretty, but I have not had the cash to cover these expenses. This worries me because I don't want to have any debt when I move to DC in June (yep, stilll going!)

According to CNN.com, more college students are using their credit cards as a means of survival. The average freshman has $940 dollars in debt, and only 15% of college students have a zero balance on their credit cards. While there are several people in the hole, this does not make me feel better, or even comforted by my situation. I don't ever want to end up near that amount, although it seems that I am on my way :-( Friday I declared that I wasn't going to use my credit card until it was completely paid off - but that was before I drove home and ended up on an empty tank. Generally I am able to pay off $300 a month, but it is clear that I am going to have to work extra hours or sell my books early to accomplish this goal.

Here's to the (quickly approaching) future...

Sunday Blogroll

The New York Times explores the world of the Federal Work-Study Program .

New York Magazine talks with notable New Yorkers about the financial struggle but amazing fun of moving to New York for the first time.

CNN money has compiled a list of the best places to find jobs.

Check out this guide from discovery.com on living green when unemployed.

Thinking about investing? Get help from the MSN Money message boards.