Help! I'm binge shopping!

Retail therapy. We have all heard it and most of us have participated it in. (If you haven't, please shoot me a comment as you are my new idol) It really works too. Sometimes it starts small (that extra lip gloss at the checkout counter) and then grows into more (running next store for some new shoes).

If we have a good day? We reward ourselves with some shoes- or whatever your vice is. If we have a bad day? we make ourselves feel better the same way. Neither of these will help us have a good day when our credit card bill comes in.... or out checking account drops to single didgets.

So the question comes. What do we do now?
(1) Acceptance. The first step in any problem is admitting it. Should be easy, most of us are pretty guilty.
(2) Find your trigger. Try to remember times you have been binge shopping and remember what events or emotions triggered the shopping spree. A break up? A hot new date? A bad day at work? and the next time those events or emotions come up try to catch yourself going to the mall.
(3) Catch yourself in the act. Shocked that you just spent $100 at Banana Republic when you didn't even need anything to begin with? Don't walk into the next store! Go home. Or better yet? catch yourself before you get the the cashregister. (sure you can always return things, but that's just easier said than done!)
(4) Find other ways to reward or cheer yourself up. Whether its working out, spending time with friends, or laying out by the pool (it is summer right?) If you feel you MUST spend money- splurge on some ice cream with a girlfriend. $3 is much easier to squeeze into your budget than $300.

Yes, I know.. it is easier said than done. Is there anyone else who wants to join my support group?

Appearance is Everything

Dress for the part you want. Yes, we have heard that saying over, and over. Many good sayings come from truth.

I am about to buy a new suitcase (I know, its a weekday.. but I took the day off and I desperately need a new suitcase. Cool way to spend vacation huh?) I really need a midsized suitcase and a smaller "carryon". Seeing as I didn't budget for both this month, I can only buy one. Although midsized suitcase is probably more practical for my family wedding in Detriot this weekend, I know my job will potentially have me travelling quite a bit in the future. Lets be honest, no self-respecting business person is allowed to travel for a week a check their bags (trust me, I've been though the teasing). Instead of purchasing the suitcase better suited for a family trip, I intend to buy the carry-on. Gotta practice sometime right? Even if my colleagues weren't to tease me, if you act the part of a good traveler (or whatever part you are looking for) you soon assume the role.

Same applies at everyone's job. If you want more responsibility, volunteer for it once and you will soon be the go-to-gal for the job in the future. (On the flip side, if you DON'T want a responsibility, be careful not to volunteer too quickly... or you might be ordering dinner for the team EVERY night)

I think this saying applies beyond the work place and into your personal life. A good friend of mine (who will remain nameless at this point) was told "If you act immature, you can't be surprised by the type of girls you attract". Not that you should change for a person that you haven't even met yet- but if you want a certain role in the future, you better play the part now.

And with that I'll close with another cliche. "Fake it til you make it". Happy Dressing.

Calling All Working-Ladies

Here's to you all 20-somethings. The generation who learned to type on AIM, defines a relationship through facebook, breaks up over text, and can put all deep thoughts into 140 characters on twitter. Wait, and now you want me to have a business call/interview/etc on the phone!? I may send over 3000 texts a month, but I really only talk on the phone 5 minutes- and you are asking me to have a business phone call? Heres's to all the 20-somethings who I personally know have had the same experience.

At some point in your career, whether it is at the very start (with an interview) or sometime throughout it (conference call, client call, etc) you will probably have a business phone call. So how do we become comfortable in this situation and act like we know what we are doing?

(1) Properly prepare. If you are having a call from home, get completely dressed for work. Sit up tall, not laying on the bed, at a desk or table and answer the phone as though you are at work. If you look the part of a professional, you will act the part. (You wouldnt go shopping without wearing comfortable shoes to run around the mall in without blisters, right?)

(2) Gather everything you are going to need. Make sure you have a bottle of water (just incase), pen and paper, any information you may need for the call. (That would be the equivalent of forgetting to wear a strapless bra when looking for a strapless dress)

(3) Clear the area of distractions. Don't talk on the phone and browse the internet or read the latest newsfeeds on facebook.  (A girl on a mission should never be distracted)

(4) Write down questions or main talking points. BUT make sure you don't read off the sheet. It never hurts to have a cue card, but at the same time? No one wants to talk to a robot. Never interrupt the other person- if you think of something you want to say while they are talking? use that pen and paper you gathered in (2) to  remember your thoughts and continue listening.

(5) Use a normal tone. You don't want to sound cold. Or nervous. If you feel nervous then make sure to talk slower and enunciate- you want the other person to be able to understand you. (You wouldn't show signs of weakness when trying to make a bargain would you?)

(6) Take time to think through your thoughts. We are used to texting or chatting online where we can type, retype, and think about our thoughts before we push send. You can't do this on the phone. Think through what you want to say. THEN say it.

(7) Smile. It goes a long way. And for some reason you really can hear it in someone's voice.

Are we at a disadvantage over the other generations who grew up talking on the phone with friends instead of texting? possibly. Is this something we can easily overcome and become comfortable with? ABSOLUTELY. Grab your career by the phone and confidently rock your important phone call.

Any other tips or advice?

Time is Precious

One thing I have learned working in the real world? Time is precious. Where does the time go? And how do I get more "fun" time?

Yes, there are 168 hours in a week and that sure sounds like alot. Well, until you break it down. You spend roughly  1/3 of those hours working and another 1/3 of those hours sleeping (unless you are one of those lucky human beings who only need 5 hours to operate - there is barely enough coffee in the office to allow me weeks on end of only 5 hours a night...) That leaves you a 1/3rd of your time to do laundry, run errands, go to the grocery store, shower (its important) and get ready, commute to work... and you get the picture.

So what is the solution? We can't quit our jobs (well, I guess we can, but I am not recommending that one), We can't cut down on sleep (again, not my recommendation), We can't exactly stop time (but if you know how to, PLEASE let me know your tricks). All we can do is learn how to use our time more efficiently so that we have more "fun" and less "chore" time.

(1) Make lists. Same as the sticky note concept. If you write down what you need to do, you wont have to constantly be thinking about it to remember it. It frees up your mind to work effectively while at work or out with friends. If you write down what you need to do, you won't forget the important items. Along the same lines, if you make lists for the week you can avoid doing the same task twice. If you figure out meals for the entire week on Sunday, you can only have to go to the grocery store once a week rather than every other night.

(2) Prioritize. Not everything can be done today (and not everything will be done today). Figure out what is a HAVE to do and what is a want to do. You might have to iron your pants for work tomorrow, but you can hold off on washing your sheets two more nights.

(3) Do it now. I can't think of how many "productive sundays" I have laid in bed for an hour longer just thinking about what I needed to do that day.... and then crawled on my couch to watch a quit movie.. you know, to "wake up". By then a friend might call, and of course I would love to go shopping/lunch/movie/just about anything but be productive. Suddenly it is 10pm and I haven't even started my to-do list. Oh procrastination... you were my friend in college, but in the real world? I just don't have time for you anymore.

(4) Time Chunk. Let's say my room is a mess. I am one of those people who will start to straighten it, then take a shower, then straighten some more, then make a phone call, then maybe pick up one more thing, then run to the store. I am most productive when I put a few songs on grooveshark and say "I am going to clean until these three songs are done." The task is literally almost always done.... and in 1/4 of the time. Focus on what you are doing, and the job gets done.

(5) Combine certain tasks. This sounds like it contradicts (4), but stick with me. Some "chores" can be done while doing something you have to do anyways (stick with me while I try to explain). Let's say I am walking to lunch to meet a friend. While I walk, I might as well call the front office to fix a leaky facet. Or (by making lists) I can prepare ahead of time so that I am taking my checks to the ATM inside the grocery store rather than making a separate trip to the bank later. Simple, yet effective. (Also sometimes easier said than done for my frazzled self)

(6) Find your optimal productivity-time. My friend Kelly will get up at 5am (yes, that sounds painful to me too) to do chores and work out before work. She has 3 additional hours every morning that I snooze through. She claims that after work she is absolutely unproductive. As for me? I would rather run my errands on the way home from work than pull myself out of my bed a moment before I absolutely must. Figure out what works for you and live by it.

(7) Step away from the computer. (after you read my posts of course!) I can be completely ready to go to bed and then spend 2 hours surfing blogs, chatting with friends, responding to emails, reading celebrity news (guilty pleasure, don't judge), etc. 2 hours! I would rather spend that time working out, meeting up with friends, getting a good night sleep. And those 2 hours sure do add up overtime. If might be the TV for you, or rockband, or another time eating vice.

These tricks might not work for everyone. And if you are one of those people who already have a great system? please share with me! It is a never ending struggle for me... find more time so I can "play" more and "work" less.

Pick Your Poison

... Your financial poison that is. Everyone has one.

Here's the story. I was driving with Danielle, a friend from work (the same exact salary), and she was talking about her tanning membership. She mentioned the monthly cost and I swear my heart skipped two beats. I remained calm on the exterior while my internal alarms went off thinking "You pay WHAT to fake tan!? You've GOT to be kidding me! ... you do realize the sun is free right? and skin cancer? and..." (Disclaimer: I am not judging those who fake tan, and I am fully aware that your arms really do look more toned with a nice tan). Here's the thing though, her tanning membership is approximately the same monthly cost of my overly priced (and yet so charming) yoga studio. In the end? we end up the same. Its just how you pick your poison.

So here's the concept. No matter what your financial state is, you are going to have to make choices. For Danielle and I? Do you spend the money on a tanning membership or a yoga membership? My mom on the otherhand chooses to get her nails done weekly and a pedicure every month. Is there anything wrong with spending money on yourself? absolutely not! Everyone has their poison- the trick is to not pick TO MANY poisons.


How do we do this?
(1) Look at your big purchases. Your house, your car, your vacations. You have to decide how to allocate your income and still have some disposable income for those irresistible shoes.. oh yea, and groceries. Maybe you are a car person and could care less for a large house. Maybe you will sacrifice both for world vacations? Just realize there are sacrifices.
(2) After you look at your big purchases, make decisions with your income left over (your disposable income). Do you need to buy a bridesmaid dress this month? This might not be the month to order a round of drinks for everyone at the bar then. (When you do decide to order a round of drinks for everyone at the bar- don't forget to invite me) Pick what you spend your money on. Do you like nice highlights? or namebrand clothes?

Yes, this concept is simple. But it really, truly applies to everyone. (Even multimillionaires have to decide if they want their next mega-mansion vacation home in England or Paris) Be careful that your eyes are not bigger than your wallet.

So.... What is your poison? What do you give up? How do you decide? ....Until next time, Happy picking!

Honestly, I'm down like the economy

-Thank you Little Wayne for giving me one of my favorite lines in a rap song.

It seems as though this song is slowly becoming outdated. With the turn in the stockmarket, consumer spending, and employment, analysts predict an overall increase in growth to be higher than than 3% in 2011.

Great. So you might be asking, "What does this mean for me"? (You selfish person...)

Well, I'll tell you what it means for me. It means my rent is going to be $45 higher every month to live in the same apartment. When I went to talk to the complex owners they explained to me that they predict the economy will be higher and therefore the whole area is raising prices. (Please, don't listen to wall street, listen to the apartment owners at your apartment complex... they seem to have this whole economy thing figured out) It's funny that my job isn't giving me a raise to reflect the future change in the economy and my increase apartment rent.

Although your rent might not personally be increasing, there is still a lesson to be learned. Just because some hot shot analysts think the economy may be going up doesn't exactly give you the go-ahead to go to the mall and spend $700 on new shoes. There will always be surprise additional expenses that may pop up. (Oh, maybe like gas prices?) The financial health of the country may not completely reflect your personal financial health.

If there IS something to do differently, it should be to invest. If the economy is going up, this is the time to open an mutual fund. Take this opportunity to grow your wealth and not to spend it. Sigh, hard lesson I know.

Is this post my best work? Probably not. But I was listening to Jay Sean and Little Wayne while I wrote it before their song goes out of style.

Don't hate your commute, Embrace it!

I am pretty sure no one would argue that Oprah isn't a pretty smart lady (let's face it, she has the most successful talk show, her own magazine, extreme wealth, a good reputation, and definitely a household name). I would have said that she tends to speak more to our mother's generation. (Isn't it funny how suddenly you reach your twenties and your parent's generation isn't so dumb anymore?) BUT A great point that Oprah made on her show is that more people hate their commute than hate their jobs when it really comes down to it. Interesting, since most people I know aren't exactly ecstatic about working.

Does this apply to our generation? Absolutely. This applies to my friend who has to drive an hour north to go to grad classes 2 days a week. Or my coworkers who got assigned to a client 45 minutes away. This applies to all the people I know (and see) stuck on the interstate trying to make it to work by 8.

So what? Is the solution to move? Well, maybe, if you live in an apartment and feel like you would be happier closer to the office. But that can be a bit drastic (especially if you are only on a client for a few months, or commute a couple days a week). Maybe instead we should just learn to embrace the commute.

I was talking to my friend Emily who was less than thrilled about her drive when this idea came to me. We started brainstorming ideas to make her commute something to look forward to. Here are my ideas:

1. Connect with old friends. No, I am not saying that you should text and drive. But so many cars have hands free devices built in anyways that its a shame to waste good technology. Haven't you ever had a meal with a friend where 3 hours feels like only 10 minutes. Apply this concept to driving. Bam! You are at your destination!
2. Plan your day. This is such a good time to think about your to-do list. Figure out when you will be getting things done, and get prepared and mentally ready for the day.
3. Jam out to your favorite playlist. When else do you get to listen to your favorite songs? Sure maybe if you go for a run, but this gives you the same opportunity without the pain and suffering.
4. Learn something new. There are so many books on tape, why not learn something you've always wanted to learn? Maybe a new language? or just some new skill? Improve yourself and take the time for yourself to actually grow.
5. Relax. Really. Road rage is a state of mind. Instead of being frustrated in traffic, think of it as some extra time that you get to spend by yourself. You have no other obligations at the moment and can purely relax and spend some quality "ME" time!

Did this work for Emily? Yes. Does it work all the time? Eh, I'm sure it doesn't. But its worth a shot right?

Let me know if the theory works for you. What do you do to embrace your commute?

Tax Tuesday: Show me the money!

Note: If you owe money to the IRS, you can stop reading now. This post will only make you sad. (and no one wants to be sad)

So you have gathered the paperwork, picked a method to file, filed... and now you are checking your bank account and mail everyday for the increase in your financial status.

If you efiled (as I encouraged you to do!), you should get your refund in 75 hours. Don't wait on your computer clicking refresh every 10 seconds.. it is the IRS afterall, and they this rough estimate can vary based on how many returns came in at once.

If you filed a paper return? It should take 3-4 weeks. (what!? but im used to getting paid every 2 weeks.... welp, should have efiled)

Curious just where you stand? (of course you are! who DOESN'T want their money?) Well, the IRS was sick of phone calls from impatient taxpayers (or should I say, taxreceivers?) so they created a website that lets you check your status! Wheres My Refund? All you need is (1) your social security number (2) your filing status (3) and your refund amount.

Happy waiting...

Love where you live

When I travel to another city (in the US, or outside the states) I imagine what my life would be like in that city. I think of how amazing it would be to wander the Louvre on a Saturday, or take run by the ocean before work.

I had drinks with a guy who truly loved where he lived (the city that is) I mean truly, deeply, loved everything about the city and its culture. Of course this made me want to sell Dallas, so I thought of every positive I could possibly think of to share about the Big D. Turns out excitement can be contagious and I realized I liked the city I lived in. (But again, not as much as this guy liked his hometown)

It is important that you love the city you live in. You do, after all, spend way more time in that city than you do on vacation. Have you ever stopped to think that some people actually go on vacation to see your home town? What draws them there? I have no research to back this up, but I think you are happier overall if you love where you live.

How do you do love where you live?
1. Play tourist for a day- go to all the sites that you think an outsider would go to if they were visiting. (Frommer's is actually free online - try to knock off every "To Do" on the list)
2. Always root for the home team - (unless they are playing the spurs) I can't help but think there isn't some sort of bonding a city goes through when the home team wins. They honk at eachother, drink with eachother, and are generally united in city pride.
3. Appreciate the view. Whether its a skyline, a beach, a forest, a quaint neighborhood... every city has something. (guilty. I live by the skyline and forget to really appreciate it unless I am showing it off)
4. Enjoy a dinner out. We forget that we might live in a city fabulous restaurants (because we are cheap) and then go on vacation, splurge, and think other places have WAY better food. Guess what? A night out where you live to experience a good meal is cheaper than a whole vacation. On vacation we try to "eat like the locals"... in your own town, don't you think you should BE that local?

I challenge you to try one (or all) of my random ideas to work on loving where you live. You just never know when you may have to move. Any other ideas? Open to suggestions, ideas, or any research to back up my hypothesis!

Don't Talk to Strangers... usually

Set the stage: defenseless girl, walking home from late yoga class at 9pm. (In a relatively safe neighborhood, but still close to downtown Dallas).

I notice that a guy is following me, but I can't turn around because... well... that would just be weird. And I am in a calm yoga state of mind anyways. He follows me to my apartment complex. I think, "Oh isn't that weird? He lives in my apartment complex." He follows me to my building (we have four in my apartments). "Oh isn't that weird? He lives in my building in my apartment complex." He follows me in. Then follows me to my side of the building (we have two split sides) "Oh isn't that weird? He lives in my side of my building in my apartment complex." He follows me up my staircase (there are three- with 15 apartments in each one) "Oh isn't that weird? He lives in my staircase on my side of the building in my apartment complex."

Then he stops on my floor. (4 apartments total) This is where I FINALLY lose my yoga chia and start to panic.

Turns out he is my neighbor. and he was in my yoga class. and we went to yoga together the next morning.

This is not always the case though. The bigger questions are: Why wasn't I paying attention? Why did I let him follow me in? What should I have done? What would I have done if the stranger had been bad?

What are simple safety tips that every savvy girl should know?
1. Don't panic- at the same time, PAY ATTENTION, unlike me. Using your brain? most important. If you panic while walking from the mall to your car, you wont be able to think clearly and figure out a strategy out.
2. Take a self defense class. Would it hurt to know how to throw a decent punch? Don't have time? Watch a self defense video.
3. Have your cellphone on you. And if you are like my friend Kelly- Have. It. Charged. ;) If its dead, well, you could be too. (thats sick, I know)
4. Carry some Mace. The only place I have seen it is an auto supply shop, but I hear you get get it at walmart too.
5. Park under a lamp post. This makes so much sense but I never actually think about it. And park close to the store, shorter the walk, less time for trouble.
6. If walking? choose larger streets. Even if you same time taking the back road, it just could be worth it.
7. Don't listen to music on your walk. Backstreet Boys will be just as good Back at your apartment and off the Back Streets. That way you can listen for people following you and pay attention to what is going on around you.
8. Don't be afraid to run. This hurts to write... BUT, don't be afraid to kick off those heels and run home/car/etc if needed. You can always buy new shoes (ouch)...
9. Do some online research for more tips. Hey, its cheaper than online shopping. Try My Optum Health. or NYPD's Online Tips.

Or? you can always just get a sexy body guard like Kim Kardashian. But let's be real, who has that in their budget?

Yes, some strangers are just innocent yoga-doing-neighbors. Others? not so flexible and friendly. Don't be afraid, but be aware. (Do as I say, not as I do. Or did.)

Tax Tuesday: What Santa and Congress have in common

You better not shout (Yes, it is frustrating to do taxes), you better not cry (Okay, so you might not have a refund this year), you better watch out (hope you saved your receipts...), I'm telling you why.... Congress is coming to town (and collecting taxes)

Yes, there is a strange similarity between the IRS and Santa. (I want to point out the common misconception that the IRS does not actually write the tax law, it just administers Congress's work... probably why taxes are so messed up?) The IRS and Santa invade out homes once a year. The reward, whether it is a tax refund/ lower taxes or presents is directly correlated to your actions all year long - if you are a "good" boy or girl or citizen all year (giving to charity or playing well with others). The punishment, whether it is paying higher taxes or coal has the same correlation.

Both Santa and the IRS try all year to "teach" us to be better. Seems like the two of them are more manipulative than some people's crazy Ex's.  We all know what a "good" boy or girl is like in Santa's eyes, but what about the governments?

1. You should grow up and get married- you get to file jointly!
2. You should buy a home- we will let deduct your interest. Still not good enough? Here, have a tax credit!
3. You should have kids- Its hard enough, so you deserve a deduction for dependents.
4. Your kids should have child care- this way you can work, get more money, and pay more taxes. But we will give you a break on child care.
5. You should go to school- cant afford it? we will help you out
6. You should not smoke or drink or tan- hey, we can implement a sin tax to punish you unhealthy people
7. You should take care of your elders- qualified relative deduction.
8. You should give to charity- charitable contribution
9. You should still take care of your kids if you get divorced- thats right. we will make you pay it AND not charge the poor caregiver income tax on the child support.
10. You should save your money- we just might not tax you on it.

What manipulative people those politicians are. But then again? so is Santa. I guess someone has to teach us right from wrong once we reach adulthood.

They see you when youre sleeping, they know when youre awake (and working so you can pay taxes), They know if you've been bad or good so be good for goodness sake. (Does this not creep anyone else out?)

Is Wishing Overrated?

My birthday is on Thursday. (If you found my blog through facebook, you probably already know that). A girl at work today asked me "So what are you going to wish for?". Two thoughts came to my head: (1) Ummm, aren't you NOT supposed to ask someone that? (2) Holy moses, I have no idea!

I basically spent all of 2010 "wishing" to pass the CPA exam. You think I am kidding? Every eyelash that fell, every time the clock hit 11:11, everytime my necklace clasp fell to the front.... I literally ran outside to wish on the first star I saw each night. (couldn't hurt right?) I quite honestly wished to pass REG On. My. Birthday. Cake. (I can only tell you now since that darn thing is over, I'm pretty sure thats how it works).

But since those dreadful tests ended I can't really think of a true, hope with all your might, wish. Sure, there is the cliche "I hope to win the lottery" but I havn't actually ever bought a ticket. (and I am pretty sure that is the first step)

Is wishing no longer the norm in your 20s? (something better left to elementry school) Did we become too practical and realistic to wish on birthday candles? Am I the only one who still holds my breath when I drive by a cementery? Or has the sudden erge to punch someone when they see a volkswagen?  For the record I WILL wish something on my birthday candles (no wish I MAY, wish I MIGHT... wish I WILL) and I encourage everyone to think of their next wish for 11:11 or when the opportunity arises.

Tax Tuesday: The big move

The only constant is change -Heraclitus, a Greek philosopher. (Yes, I had to wikipedia the quote so I could correctly cite the right person. I honestly don't know who that guy is. But hes pretty smart and his saying is famous)

This is true when it comes to jobs. When I look at most of my college friends they have graduated college, spent so much time looking for just any job due to the economy, built up their resume, and then switched. Or started with a job, decided they never should have picked their major, and switched. Many times friends have left the city, state, and country to do so. (Not that either of these apply to me and I'm not looking to leave my job, I am simply noting the trend). 

Yes, we are in a world where people change their jobs more than they change their hairstyles. It only makes it that much more important to uncover the hidden tax treasure of "The Big Move".

New Job? Same Job? Your First Job? Doesn't matter. You have to pass two tests to deduct your moving expenses:

1. Is your "New Job" and "Old Home" commute 50 miles greater than your old commute? If yes? continue. If no? You did not pass go and you do not collect a tax deduction.

2. Did you work 39 weeks out of the first 12 months of your move? This stops those government-money-stealing people who are looking for a tax break, so they move to Hawaii and work at starbucks for a week just to quit and have some of the moving expenses deducted. (really? who does that?)

And what do you win? For playing "The Big Move" you win the following deductions:

1. 16.5 cents per mile driving to your new home. which doesn't work so well if you want to drive to Hawaii, don't try it. 16.5 cents is nothing really

2.The cost of packing and shipping your possessions. AWESOME for Hawaii. and for those pack rats out there

3. The cost of travel to your new home- lodging, not meals. 5 star hotels with mcdonalds fries please

4. The cost of disconnecting your utilities and setting up your new ones. Yes, you can still use your blowdryer in Hawaii. Sweet.

What is the best advice? Save your receipts. You never know when you will discover that you can deduct certain items in your move... or defend yourself to the IRS. But don't worry, you can deduct the cost of moving your receipts with you to your new home. (or be practical and scan them into your computer, but whatever works for you)

The Dollar Test

Smart shopping is good shopping. You deserve new shoes, new clothes, and new accessories... but how do you know if you will really get your money's worth?

I have this fabulous jacket from Banana Republic. I love the jacket. It is fashionable and dressy and I feel like a million bucks when I wear it. Does that mean its worth a million dollars, because that is how I FELT when I put it on in the store? No. Is it worth the $150 original price? Is it worth the $60 that I paid for it?

I am going to be honest now. I have worn that wonderful jacket maybe 4 times. It isn't something you can wear every week and isn't exactly practical to wear to work often at all. It is too dressy to wear to brunch with my friends... it screams "Fashionable WORK outfit".  Which leads me to the question: Is it worth it?

I have always followed the Dollar Test. It is a 100% original theory that I have lived by for several years. (Or at least believed was original until a conversation today with a coworker, Katie, who has a very similar theory. It goes like this: For every dollar spent on an item, you should wear it one time. So $50 jeans? better wear them 50 times to make it worth it. $20 shirt? get 20 wears out of it and you are golden.

Katie has been in the real world a few years longer than I have. She has the same theory but applies different numbers for different clothing types. For example, that formal dress? You probably wont wear it 100 times, so formal dresses should have a $50/time limit. Underwear? 50cent/time. The two of us sat there and named different types of clothing and put a "Dollar/time" limit on it. (Yes, we have the very exciting job of being accountants, so this is how we spiced up the afternoon). Everything for the most part had a $1-$5/wear limit.

The more practical way to organize your shopping? Have a budget. "I can spend 100 a month on shopping". This alone might keep you from blowing $60 on a jacket that you will only wear 4 times. For those of you who throw your budget out the window like last year's fashion? try to find a reasonable "Is it worth it" method. Maybe The Dollar Test will work for you?

Of Mice and Men

I'll let John Steinbeck tell the story Of Mice and Men. I'll tell the story of Mice and woMen.

I have a friend (Danielle) who lives downstairs in my apartment complex. We were going to get frozen yogurt (typical). I meet her downstairs and did my signature knock (typical). She answered the door (typical).

Danielle: Come inside, I have something I want to show you. (not typical.. and this is where the trouble begins)

Mallory: Do I want to see this?

D: Just come inside.

M: Is it a dead bug?

D: It's not a bug...

M: Is it dead?

D: Yes, well some of them, sorta. Just come look.

NO! Turns out Danielle has mice in her apartment. MICE meaning more than one (I am sure you already knew that, but I added it for emphasis) She had a dead one that she wanted me to see. I NEVER want to see a dead mouse, ESPECIALLY not in the same apartment complex that I live in. I told her that I will be the kind of friend who listens to her work woes or boy troubles, but never one that looks at dead mice.

That being said, what do you do when you have mice in your apartment?

1. Call the apartment complex. If you live in a house? set up your own sticky traps and snap traps.

2. Look for holes that lead outside (this is so obvious sounding... but they have to get in right?) Close your windows or put screens on them.

3. Make sure your garbage can has a tight lid. (this will also keep your apartment/house from smelling bad)

4. Don't leave dirty dishes in the dishwasher- this somehow attracts mice and rats. Don't ask me how they get into there, but I am not asking questions when it comes to rodents.

5. Let your cat/dog/pet snake attack the mice. (ew, but then you have a pet snake.. you might have bigger issues)

6. Try to keep food in the kitchen only. That way there is less of a chance of the mice going anywhere else. And on that note, I'm going to bed for the night. (I really hope I can sleep after this)

I honestly don't think I want to do any more thought or research on this subject. If you want more details? Look online. And if you find anything interesting? please be sure to tell my friend Danielle. I don't want any of her pets making a friendly visit upstairs.

Tax Tuesday: The art of procrastination

This topic is only fitting since I am writing Tax Tuesday on Wednesday. I am sure everyone was anxiously awaiting Tax Tuesday (since everyone loves reading about taxes) and were extremely disappointed when Tax Tuesday was not posted yesterday (that is, if anyone even noticed). The beautiful thing about having your own blog, and not getting paid for it, is that you can write Tax Tuesday any day of the week that you want.

However, doing your taxes is not QUITE the same. We have the wonderful deadline of  "April 15th". Now, there is this thing you can file called an "automatic extension of time to file." If you are a huge procrastinator (such as one of those people who would write Tax Tuesday on Saturday), you can opt to file your taxes by October 15th. Honestly, I think this is just silly (for most people). You would have to fill out a form to file and extension so you can fill out a form later.  PLUS it is only an extension to FILE, not to PAY your taxes. You still have to pay by April 15th. (For those ultimate procrastinators who thought you didn't have to pay until October 15th- you can send me half of the penalty fees I just saved you)

But why wait until April 14th to file? (for those people who would wait to write Tax Tuesday until 11:50pm on Tuesday) There are many benefits to filing your taxes early! Maybe even this weekend?
(1) Faster Returns- The IRS sends refunds back in the order that the returns are received. There are ALOT of procrastinators out there (guilty) and many of them will be waiting until the last second to file. That means you are waiting in a HUGE line to get your refund. This is like going shopping on Black Friday when there isn't even a financial reward. Why do it? Efile, Direct Deposit, and get your money back NOW! (then you can go shopping next weekend with your refund check!)
(2) Peace of Mind- Then when everyone else is freaking out last second about getting their return in, you will know that you already did it. You can treat yourself to a glass of wine and read all of the frantic facebook posts from your friends trying to do their taxes last second. Plus you have bragging rights in the office when people complain about still needing to file. (You can take yourself guilt free shopping with your refund check without "doing your taxes" hanging over your head!)
(3) Room for Error- Realize you forgot your W-2 from that random summer job you had for a month? Guess what, you still have time to get the form. Have a major tax issue? You still have time. Time is money.... possibly literally this time.
(4) Planning time- You get to the end of your taxes and you see that final number. Whether you owe $1500 or you will be refunded $1500, it helps to have planning time. If you owe the money, you can use your extra few weeks to save your money, beg your friends for money, or start selling boxes made out of Popsicle sticks door to door so you can pay up by the 15th. OR if you are one of the lucky ones, you can do some online shopping and plan how you want to spend your refund!

So what have we learned? Better late than never, Tax Tuesday should be done on Tuesday, and getting your taxes done early is definitely a good thing! Thus, ending your motivational speech of the week... go out there and do some taxes!

Silence is Golden

For the first time in my life I am finally able to relate to that grumpy old cat lady. (except I don't have any cats and I am really not that old) Maybe it is part of growing up and having a job?

My neighbor likes to play loud angry music (if you can call it music). It has more base than I thought possible since it literally shakes my walls. She plays it ALL. THE. TIME. I am guessing that the reason she plays it so loud is probably because she lost more of her hearing last Tuesday when she also choose to play it at 11:30pm. Being the adult that I am, I used to bang against the wall to let her know that I can hear her music. There have even been two times when I called the apartment complex to have them send up the apartment's "cop" to tell her to quiet down. A few weeks ago I decided to woman up and go over there to talk to her. The second I banged on the wall the music instantly went off. Mission completed. Having solved the problem, I went back to my room. Since then I have knocked on her door twice to get the music to shut off.

Yesterday was one of those days. I was in my PJs and glasses and so had no intention of talking to her. I banged on the door and retreated back to my room. She comes out into the hall and screams "WHO THE F BANGED ON MY DOOR!? WHAT THE F! DONT F*ING BANG ON MY DOOR!" (of course she did not just say "f") I did NOT confront her. She seemed very mad, dangerous, and she listens to angry music, so who knows what she is capable of! (I instead tippytoed to my door and double-locked it. coward, I know)

Actual thoughts that crossed my mind on how to solve the problem:
1. Talk to my apartment complex and make sure shes not living next to me before I resign.
2. Hang a printed sign on her door that says "Silence is Golden"
3. Find a police outfit and just go over there myself and talk to her everytime the music comes on (yes, this would be hard to pull off- what kind of black clunky shoes do they even wear?)
4. Vaseline her door knob- maybe she will be so annoyed she will move (I wont actually do this one either, but it sounds so good in theory)
5. A coworker suggested writing a fake letter from the apartment complex that asks her to keep the noise down. I think there is probably a law against that, but he seemed to think that it might actually shut her up.

Any ideas? Surely she must not have a job? Is there something else I can do that is alittle more practical than options 2-5? Someone must have dealt with this before... I am looking for creative ideas!

I have a drug addiction- So what?

Hi, my name is Mallory and I am addicted to Caffeine. (Hi Mallory) I have been clean for 4 hours now (applause) but I have no intention of quitting in the near future (sigh).

I was not always this way. It starts slowly. At first it is just in the mornings. Set up your computer, check your emails, go to the break room for some coffee (200mg/8oz). Then you find yourself adding a diet coke (47mg/12oz) at lunch. Suddenly the 3 o'clock slump gets replaced with a redbull (85mg/8oz), tea becomes a staple choice of beverage (70mg/8oz), and if you have to stay at work past 8? there is just no helping you.  I am not just a social drinker. Caffeine gives me that little bits of energy that I need to keep me awake throughout a boring day of accounting. The energy helps me stay focused and makes me nicer to be around. In busy season? energy is a must and sleep just don't cut it alone anymore. Thank you little drug for making me a better employee and happier person.

But there is a catch. I have not been sleeping soundly. I can't help but think that this may be linked to the Caffeine. But I can't quit. Not now, not during busy season. According to WebMD, the symptoms of withdrawl include headache, tiredness/fatigue, decreased energy/activeness, decreased alertness/attentiveness, drowsiness/sleepiness, decreased contentedness/well-being, depressed mood, difficulty concentrating,  irritability, and felling muzzy/foggy/not clearheaded. There just is never a good time for these.


Are we really "addicted"? or do we just throw that term around loosely? According to the Diagnostic and Statistical Manual of Mental Disorders by the American Psychiatric Association, you only need THREE (3) of the following to be addicted:
(1) tolerance- I am not upset when my coworkers have their morning starbucks
(2) substance-specific withdrawal syndrome- I had my first caffeine headache one sunday at the movies with my friend lauren (who ironically writes a health blog and demonstrates GREAT selfcontrol)
(3) substance often taken in larger amounts or over a longer period than expected- sometimes I work later than others, okay?
(4) persistent desire or unsuccessful efforts to cut down or control use- I ALWAYS want to quit. I wouldn't write this post if I wasn't slightly guilty...
(5) a great deal of time spent in activities necessary to obtain, use, or recover from the effects of the substance- Obtain? not so much, there is a starbucks on every corner. Use? it only takes about 3 minutes to down a diet dr. pepper. Recover? does not sleeping count?
(6) important social, occupational, or recreational activities given up or reduced because of the substance- Yes, we have DMD (Diet Mountain Dew) time at the client's site. I try not to participate. Peer pressure SOMETIMES wins though.
(7) use continued despite knowledge of a persistent or recurrent physical or psychological problem likely to have been caused or exacerbated by the substance.


I am addicted. But probably so are you. (over 90% of adults in America are). Sure, we care about things like gas, natural resources, the national debt.. blah blah blah... But could you imagine if they suddenly wiped the country clean of Caffeine? Oh, the outbreak!

So here is my question. Caffeine, Friend or Foe? Or simply that Frenemy that I love to hate? Are you addicted? Do you try to stop? (Is the new "Jolt Gum" for addicts who just cant cut it completely?)

Tax Tuesday: Big things come in standard packages

In the real world one size does not fit all. No, I do not care what the label says. That sweater can not possibly fit every girl in this room. Or that scarf? some people want a long one, others want it short. We don't all have the same shoe size. Infact, I don't even have the same shoe size in different brands. But in taxes? see that's a different story. Uncle Sam gave us a standard deduction that is a one-size-fits-all kinda deal.

Think of it like a spending allowance. In highschool my parents decided that my brother and me could spend $10 a week. It doesn't matter if he spent all $10 on breakfast tacos and I bought a new shirt. My parents could figure "eh, the roughly spent $10 each". Uncle Sam figures that we roughly spend $5,700 a year on deductible expenses. (No, he doesn't actually GIVE us the money the way my parents did)

Cool. So we can take the standard deduction of $5,700? Sure! or you can itemize and take the "itemized deduction" instead. I can't actually give you tax advice, but I can give you some facts from the IRS and food for thought from Forbes.

1. The Standard Deduction is not too shabby. Save all your receipts? break a few limbs to increase your medical expense? donate to charities youve never heard of? turns out, you might STILL save more by the standard deduction. 

2. You probably can't deduct your medical expenses anyways. You can only deduct the amount of out of pocket medical expenses OVER 7/5% of your income. So that $80 I spent for my eye exam? not 7.5% of my income. Unless you have a serious illness, you probably wont come close. (don't you dare think "that sucks"- YOU ARE HEALTHY! go skiing or something)

3. How much is your mortgage interest anyways? None if you are like me and live in an apartment. But if you DO own your house? you need to do the math to make sure that you are going to received a bigger deduction than your standard deduction.

4. Charitable Deduction- you might give away your clothes, but I hope you kept the receipt! If you get selected for an IRS audit, you need proof of your charitable deductions. Oh yea, and giving a dollar to the guy on the street corner doesn't count.

5. Miscellaneous Deductions are limited too. (2% of your income) For things like: Tax preparation fees (you should have none if you do them yourself), Safe deposit box fees (count me out), Unreimbursed job related expenses (do my shoes count?... sadly no)

Do I really need to do TWO tax returns and then just take the standard deduction anyways? probably not if you are just out of college, rent, perfectly healthy, and don't even know what a safe deposit box is. BUT I would recommend looking into it (mostly to CMA) and here is a cute little calculator to do it for you. 

Help! I can't afford a work wardrobe

Work clothes. Those perfectly pressed pants, pencil skirts, and sharp button down that just screams "Screw Kelly Clarkson, I am the new Miss Independent". Sigh.

When I think "work clothes", my mind instantly goes to Banana Republic (my personal love), Ann Taylor Loft, Saks off Fifth, Nordstrom Rack,  and JCrew. These are the ideal work clothes that makes every working girl feel like shes "made it". They are also the safe outfits of choice that you KNOW will fit in with your new job in the office. Heres the problem: ONE pair of trousers will set you back $85 at Banana, and $250 at JCrew. ONE blouse? $70 and $100 respectively. And that just gets you through Monday!

DON'T DO IT GIRLS!

Secrets to Success?
1. Don't think of it as a "Wardrobe". If you are starting a new job, you don't need a whole month's worth of outfits, just enough to make it through the first few days so you can see what the other girls are wearing. Sure would stink to buy tons of jackets and find out that everyone in the office emphasizes the CASUAL of dressy casual.
2. Target and Old Navy? you are looking at your new best friends! Who says you need to buy a cardigan from Loft when you can get the same one from Old Navy for cheaper? Best part is.. no one knows but you.
3. That doesn't mean you can't steal inspiration. Check out JCrew's website. See what is "instyle" for work, and let that help you wade through the "is this okay for work?" questions you are bound to have.
4. Sale shop. You are going to work for years, you can wait until the blouse goes on sale before you buy it.
5. Beware of the Dry Clean Only. This saves you $40 a week! Too late? well try not to make too much of a mess and you can wear your pants more than once.
6. Ask around. Every job is different, every office. Ask what is the normal work attire for the office from a friend who works their. Or read the manual- most companies seem to have the dress code rules laid out. When in doubt? go conservative.

Stretch your money. In the long run, it is better to have a week's worth of clothes instead of just clothes for Monday. (And good luck to Kelly O on her new job- the inspiration for this post!)

What do you think? Ideas? Other tips? Where do you get your work clothes?

Tax Tuesday: Just another shopping trip

Shopping for tax software.. well, the first word sounds fun. But, thats about it.

So now (if you followed your homework from last week), you have gathered your tax items that you need. It is time figure out HOW you are going to do your taxes. Yuck.

It is sort of like a good valentines day date. You know you want to wear heels (or do your taxes in this case), but you just cant decide which one (HR Block, Turbo Tax, Efile..) If you were trying to figure out which shoes to wear, you would try them all on. Well you can't do that with filing taxes unless you want to spend all Saturday "shopping" for tax programs. (And who wants to be shopping for tax programs when you can be shopping for that next perfect heels). Think of reading this blog as saving yourself time on Saturday to do things you really want to do. (like shopping).

The down-and-dirty, save-time-for-shopping options:

1. Hire an accountant (aka the "expensive Louis Vuitton shoes"). Odds are, if you are in your 20s you probably don't need this option. Who wants to spend that much money just to pay more money to the government (or dip into your refund money). Do you NEED to go to HR Block? probably not, unless you have complications with your return (a major life event, tuns of interests, trusts, inheritance, small business, etc.) Of course, if you DO have a trust fund and tons of interest, I am ALWAYS taking personal donations (between us, we can call it a charitable contribution)
2. Free-File on the IRS website (aka the "$3 Old Navy flip flips"). If you make $58,000 or less, you have the option to free file on the IRS Website. AWESOME option if your return isn't too complicated and you aren't making over the limit. Make sure you go through the IRS website so you can avoid filing fees. (I also think doing your own taxes is good because you really get to see where your money comes from and what exactly goes into the dreaded term "taxes")
3. Turbo-tax or an at home solution. Questions to ask yourself when picking a software: Do I really need it? Will my company pay for it? Does it work with my computer software? Does it come with a guarantee?  Oh, and this might be obvious, but beware of buying tax software on ebay. The 2005 edition just wont cut it with this year's tax laws!

And thus concludes your tax season lecture of the day. Happy Tuesday. Do your taxes, then buy some shoes.

Tax Tuesday & Alphabet Soup

It is amazing that no one really cares about my "CPA" or "tax accounting job" until recently. Suddenly all of my friends are incredibly interested and find themselves asking questions like "Wait, so what do you do again?" and "So, you are going to help me with my taxes right?" I wish I could do all of my friend's taxes (do you really want to trust me with all that personal information?) but alas, it is tax season (clearly) and thus I am working WAY to many hours as it is. And do I really feel that confident?

Taxes have become a hot topic, and especially for young professionals who may be filing their first tax return by themselves. Over the last week I have heard people who were worried about how they would file, what they needed, would they take all the right exemptions, and are they still going to get a refund? This isn't just from my "non-finance" friends. The anticipation of tax season even extends into my tax accounting coworkers- who although we know HOW to read tax forms and code, may not have done individual taxes since that one class way back in college that we barely remember.

We have ten weeks until our tax returns are due. That is ten tuesdays until the beloved April 15th, and so I have decided to try to give tips, advice, and help each tuesday regarding the terrible taxes.  (Please note, if you are one of those people who do not even know what April 15th is- you should probably just take your information to HR Block)

Whether you decide to do your own taxes or hire an accountant, you need to gather information and prepare. The form names seems to cause anxiety. "W- WHAT? Schedule M? I...? something something T? EZ? Which reminds me of alphabet soup. (random letters. little meaning)

W-2 - This form is used to report wages earned by employees and the taxes withheld from them. Your employer should provide you with this form (most likely in the mail). Make sure you get this form and also save it. (for some reason it looks like junk mail when it comes in.

1098-T,E -  These forms refer to student loan interest statements (E) and tuition statements (T). Student loans? yes, this form can save you money. But if your university is like mine, they don't just mail it out to you. You have to (1) try to figure out your super old password and user name or (2) fax a request for one to be mailed. Oh yea, and they won't mail it until two weeks after the request is received (really!?)

1099 INT, DIV, B, MISC - The 1099 series reports other income (besides what is on your W-2) Interest (I) Dividends (D) Sales Proceeds (B) and that random side job (MISC). That old mutual fund you had from your childhood that is now in your name? Yep, you better get your parents to mail you the 1099. Independent contractor? Start filling out your 1099-MISC. Mortgage? Yes, you need your mortgage interest statement.

K-1 Statements- These report the income earned from any trusts, partnerships or small businesses you might have been involved with or invested in.

What else do you need to gather?  IRA contributions, education expenses, childcare expenses, healthcare fees, gambling losses (hey- these finally might come in handy!), summary of moving expenses. (There are also great resources on the IRA's Indiviudals website -  I visit it when I have trouble sleeping at night)

I am pretty sure I have just lost every blog reader I ever had. Don't worry, tax tuesday will have shorter and more informative blog posts for the next 9 weeks. This week's homework? Call your alma mater, call your parents, call your company, and make sure you get all of the statements you need.  

What do you think? Helpful? Or does the subject of taxes make you run frantically from your computer? 

The Rotating Shirt System: Maybe boys are actually on to something

I am sure you have all heard about this system- the guys in my office talk about it all the time. They have all of their shirts lined up in their closet and then they simply go down the row and pick the next shirt "in line". So simple, yet so genius.

Is it possible for girls to implement this system? I do not think that boys are always right (especially not with fashion), but they really could be on to something here:

How much time do we waste everyday trying to "pickout our clothes"?
1. I  start with "what I feel like wearing", which always tends to be the same three things (which I sadly can't wear everyday).
2. Am I having a fat day or a skinny day? This causes way to much internal reflection for 8am anyways.
3. Did I wear that color yesterday? Or three times this week already?
4. Do I have shoes to wear with this? (Is there anyway I can pull together yet another outfit that I can wear by red heels with?)
5. Do I have jewlery?
6. Can I find an undershirt tank top/matching pants/stylish belt, etc?

If I could come up with 15 outfits (that I probably already have in my closet, but get pushed to the back because "I never feel like wearing blue"), I could have a different outfit every day without even thinking about when I wore that sweater last. Could this work?

I shared this theory with one of the guys from work (Richard) who is on this "rotating system". He explained that it would work even better if he washed his clothes after every use. (Ew. Mental note to self, try not to sit next to Richard on his second or third round).  Ladies- who is in for trying the rotating shirt system and enjoying an extra 10 minutes of sleep a night? Guys- please try to wash your clothes more often.

The Boyfriend Fund

I had a serious boyfirend in college. We broke up. I had left my stylish, although uncomfortable stiletto boots in his car days earlier. (No, I did not walk around barefoot, I had flipflops) True to breakup form I could not see him to get the shoes back, so I instead discovered retail therapy. I DO NOT reccomend this to anyone. I am a believer in budgets and this is not in anyone's budget. (although if you see a break up in your future, it wouldn't hurt to add that line in a few months prior)

What I did realize over the next few months was actually the amount of money I saved. Think about it. Birthdays, aniversaries, christmas, new years, that new dress for date night, random presents, valentines day, etc. I decided that if I wasn't spending that money on him, I should spend it (or some of it) on me. Just because I didn't have a boyfriend didn't mean that I didn't deserve to be spoiled from time to time.

According to the National Retail Federation the average American spends $103.00 on valentines day. ($14.1 billion dollars for the entire nation) For those of you who are in a relationship? I hope you start planning RIGHT NOW to save this kind of money for that big day. For the rest of us? I don't need to spend $100, but surely I can treat myself to a $30 massage and a cocktail with my best single girl friends.

For those of you singles out there wearing black and sitting in self pity- Get up. Treat yourself to something- maybe buy yourself some jewlery? (you will probably like it better than that 6 foot stuffed animal in the long run anyways) and celebrate the extra savings in your bank account!

There are umbrella people and then there are people who get wet

To be honest, I do not think I am qualified to write about this topic. I am that person who, on a rainy day, is frantically running to her car with her coat over her head to keep her hair from getting wet. Yes, I sacrifice my comfort in the cold weather for the composure of my hair (sorry mom) but really? are the people inside going to notice my frizzy-rained-on-hair or are they going to notice that I was cold for the five minutes that it took me to sprint in the rain. That is not the point.

I heard this quote from the partner in my office as we were preparing for the snow and ice storm that was possibly going to leave us out of the office for the day. She meant it as being pleasantly surprised that we were all taking everything home that we needed so for work. She was happy that we were so prepared. I, on the otherhand, was not as much. I was brought back to the days of being a kid praying for the snow/ice to hit so that I could stay home and have a free unexpected vacation on a tuesday.  Who doesn't want to get to stay home without getting introuble and without being sick?

We got our storm. And we had our "umbrellas".

Turns out working from home is not as much fun as I hoped it would be. I spent all day in my sweatpants, but working from home isn't quite the dream I imagined.

1. There is the issue of actually starting to work. I might as well sleep an extra, well deserved hour. I should clean my apartment up because, well, you can't work in a dirty apartment. And I need to set up the perfect work environment (pens, water, coffee, calculator)
2. Asking questions. It is hard to ask questions to someone over the computer. Even from a multimedia generation that grew up having intimate conversations over AOL instant messenger, I find it difficult to ask questions and seek help without my senior at my computer screen and actually seeing the problem.
3. Motivation. How can you work when no one around you is working? Is it possible that I lack that internal motivation to work unless others are? Maybe this is why I studied so much better throughout college while in a library. Moral support.

There are three things I take away from today: (1) I have a new found appreciation for actually working in the office (2) I find myself praying for ice before going to bed... we didn't prepare for two days (3) Maybe it is time that I buy an extra umbrella for my car... couldn't hurt, right?