Author Archives: William Busch

Home, Rental, and Vacation Property MRO: Project Photos Equal Big Savings

- March 28, 2014 2:34 PM | Categories: Commentary, Friday Rant, Spend Management

I've spent decades maintaining, repairing, and rehabbing houses. And when it comes to working on pre-existing structures, no two are ever alike. Building codes change continuously, a great deal of past work is performed by do-it-yourselfers (DIY), handymen and even general contractors are frequently not licensed in all trades, and all too often time-saving shortcuts are taken before infrastructure work is closed up. So if the job gets accomplished at the right price, why does any of this matter? Because future problems are unlikely to occur within the first year or two following completion.

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Total Cost of Independent Schooling: Indexed Tuition, Limited Diversity, and Mental Health

- February 28, 2014 2:52 PM | Categories: Commentary, Friday Rant

To say that the quality of U.S. public schools varies tremendously is the understatement of our times. But most families with school age children – given that the country's median annual household income (with two wage earners and two children) is about $50,000 – are more or less locked in to sending kids to their local public school. And the pure economic argument that we can all vote with our feet and relocate to a neighborhood where the schools are above average -- as is the cost of housing and real estate taxes that largely fund the schools -- is specious and unrealistic.

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Cost of Climate Change: Coca-Cola, the Coal Industry, and Conservative Economists Have At It

- January 24, 2014 2:04 PM | Categories: Friday Rant

The debate over climate change, and -- as some still argue -- whether it is even occurring, are becoming moot as an increase in droughts, floods, and wildly unseasonal temperature extremes interrupt food and water supply chains and increase commodity and financial risk. Or, as the old adage goes; if you want someone to stand up and take notice, hit 'em in the wallet. According to an article in today’s New York Times, Coca-Cola has become more focused on global warming than its economic bottom line.

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How Do Rising Tides Spike Coastal Real Estate Values?

- January 17, 2014 2:01 PM | Categories: Commentary

Some of you may remember my posts from this time last year about my all-too-personal experiences in the aftermath of Hurricane Sandy on the New Jersey Coast. Here's an update and a curious tale of increasing property values, despite compelling evidence that the demise of East Coast barrier islands is not far from the horizon.

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Of Novocaine and Dental Savings and the Aphorism “The Show Must Go On”

- January 3, 2014 9:37 AM | Categories: Commentary, Friday Rant

I've experienced more New Year's eves than I care to count, but I suspect my last day of 2013 takes the cake -- in terms of dollars saved, spent, and earned. My tale begins the previous night. As I sat for what my dentist believed was his last appointment of the year at 8:00 PM, he reviewed my X-rays, turned to his assistant, and said, “Jenna, what are you doing tomorrow?” He then turned to me: “If you're available tomorrow AM, I'm willing to open the office for a marathon session in your mouth..."

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Amsterdam’s Hiring of Alcoholics and Addicts Has Logic (and Benefits)

- December 6, 2013 2:36 PM | Categories: Friday Rant

In eastern Amsterdam (hat-tip to Gert, our Spend Matters Netherlands editor), the process of hiring and compensating street sweepers is not only out-of-the-receptical, it may also have a social benefit -- sort of. As the NY Times reported, Amsterdam is hiring alcoholics to sweep their streets. They must arrive looking sharp and wearing a red tie, at 9:00 AM when they're paid their first remuneration of the day, which takes the form of two cans of beer.

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Butterball Predicts a Turkey Shortage, Which Means It’s Time for Strategic Sourcing

- November 22, 2013 1:51 PM | Categories: Commentary, Commodities, Friday Rant

Want a fresh turkey for Thanksgiving dinner? Butterball's shortage may inadvertently move you to a higher altitude in sourcing your bird. Go organic. For that matter, go organic and local. I ordered a fresh turkey last weekend from a nearby farm, a bird that has spent its life running around outdoors, eating organic grain, and has never been fed hormones or antibiotics. Why? Because no matter how dumb a mere turkey may seem in our anthropomorphic way of thinking, it deserves a life consistent with its evolution. I don't consume hormones or antibiotics (directly or indirectly), and compared with a commercially confined and drugged bird, organic livestock tastes 10 times better.

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Starting Your Own Business? Don’t Minimize the Cost of Stress

- November 15, 2013 2:30 PM | Categories: Friday Rant

Before joining Spend Matters, I founded and managed two businesses, for over 25 years. My first foray was in design, advertising and printing, and the second was construction and general contracting. But regardless of one's chosen sector, establishing and running your own shop is simultaneously exhilarating, rewarding, perpetually challenging, exhausting and -- my topic today -- unimaginably stressful. You might be thinking, "Stressful?... what could possibly be more stressful than working over 60 hours/week within an imposed structure in which I variably feel over loaded, under appreciated, and deserving of more money?"

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An Improvised Recipe for Vegan Butternut Squash Soup

- November 8, 2013 2:27 PM | Categories: Spend Humor

I've recently made great strides toward re-kindling my passion for cooking à la vegan. So whether or not you're similarly inclined, I recently improvised -- my favorite culinary style -- a recipe for butternut squash and vegetable soup that I want to share. In full disclosure, while I like to food shop often, I prefer to work impromptu with ingredients that are already on hand and have recently been buying funny-looking seasonal plant foods without knowing anything about them, and that's how I came to have a butternut squash in the pantry. This delicious soup takes less than an hour to prepare, and no one will know it's vegan if you don't tell them.

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Antibiotics: Pharma’s Lean Spend — And Yours Should be Too

- November 1, 2013 10:27 AM | Categories: Friday Rant

Flu season appears to be in full bloom -- at least from my perspective as I near recovery from this year's latest viral incarnation of the bug. I've been equally distressed by the number of friends and associates who have told me that I need to get an antibiotic. Viral infections are not bacterial in origin and do not respond to antibiotic medication. And yes, it's wise to have a physician monitor our ailments and determine their origin. But the miraculous discovery of bacteria killing medication by Sir Alexander Fleming in the early 1940s – that revolutionized medicine and cured illnesses that had often been terminal for centuries – has nearly come full circle.

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A Cost / Benefit Analysis of Hoarding Stuff

- October 18, 2013 3:18 PM | Categories: Friday Rant

If, like me, you're a saver or accumulator of things, the lesson in all of this is to be vigilant about the ultimate utility of the stuff you acquire and hold on to. Interestingly, the so-called disorder of hoarding -- though I do not believe I have it -- has an hereditary component. Because my parents were hoarders and it took me 12 months to clean out their home prior to sale, I've decided to inventory and market price the value my things. Dysfunction or not, it's simply not fair to leave copious quantities of stuff to our heirs and loved ones.

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Home Networking: Back to the Future

- October 4, 2013 2:42 PM | Categories: Friday Rant

The solution to improving my home network connectivity is precisely the same project that the budget committee I was on approved at an East Coast university 30 years ago -- and we called Ethernet back then too. Ethernet was developed by Xerox Corporation and I seem to recall that we negotiated a few free photocopiers with that deal.

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