Giveaway Extravaganza: Over 45 winners and $3000 worth of prizes!

Tomorrow I’m going to be the ripe old age of 29. Yes, folks, just one year away from a new decade. And I still feel like I’m 17… well, minus the fact that I have three children and a few white hairs. :)

I’m so thankful for each and every one of you who takes time out of your busy life to read here, to comment, to send in deals, to send me encouraging emails and to inspire and motivate me with your stories, links and excellent ideas. So, as a way of showing my gratitude, I’m hosting another Giveaway Extravaganza tomorrow. I’ll be giving away over 45 prizes worth over $3,000 — including a giveaway for $250 cash!

Come back tomorrow to join in the fun and celebration; there’ll be something for everyone and I hope you’re a winner!

Share This:

Why I Don’t Make Homemade Tortillas

A few months ago, I got an email from someone who was really bothered by the fact that I don’t always make tortillas from scratch. This person felt I’d save so much money by doing so and they were kind enough to pass along their tried and true recipe.

While I very much appreciate the input from this reader (I learn so many amazing things from you all and am constantly challenged by your frugal ways!), I have to disagree with her that I’d save a lot of money by making my own tortillas.

Your prices might be entirely different, but here in Kansas, we can pretty routinely pick up a package of 8-10 tortillas for around $1. When I priced out the ingredients of homemade tortillas, I figured up that it would likely cost me around $0.30 to $0.40 per batch.

So yes, you could say that homemade tortillas are slightly less expensive than store bought tortillas. However, you forgot to factor in one very important part of the equation: TIME.

To make 8-10 tortillas from start to finish would likely take me around 30 minutes. At that rate, I’d be spending 30 minutes of my time to save around $0.60 to $0.70 total.

I could probably figure out a way to make them more efficiently if I did a bigger batch, so let’s say I became the world’s fastest tortilla-maker and I could whip out 70 tortillas from start to finish in an hour. At this rate, I’d still only be saving less than $5 for an hour’s worth of work.

If your family loves homemade tortillas, or you don’t want to eat some of the ingredients in store bought tortillas,  or you love making tortillas, or you go through seven packages of tortillas a week and the least expensive you can find them in your area is $4.99 per package, then by all means, make homemade tortillas. But, don’t do it merely for the cost-savings because, unless you live where tortillas cost $7 per bag, the savings per hour is so slim that your time would very likely be better spent elsewhere.

It’s imperative, in seeking to be better home economists, that we value our time as well as our money. It is easy to get so caught up in trying to pinch every penny, that we lose sight of the big picture. We can become so focused on trying to save money that we end up spending hours and hours and hours of time to save a mere few dollars.

Personally, if I’m not saving at least $20 per hour by implementing a particular frugal practice, than I’d rather invest my time elsewhere. Of course, this rule doesn’t apply if it’s just something I really enjoy doing. However, if I’m doing something primarily for the money saved, then it is important to me that I’m actually saving money!

If you feel like you are spinning your wheels and going nowhere when it comes to saving money, I encourage you to stop and consider how much money you are saving per hour in your various money-saving activities. If it’s below minimum wage, it’s probably time to go back to the drawing board and find some other money-saving practices to implement which will give you a better return on your investment of time and energy.

After all, time is money, too.

photo by This Year’s Love

Share This:

$1/1 any Nescafe Taster’s Choice coupon = free at CVS, elsewhere

Sign in or register to print a $1/1 any Nescafe Tasters Choice coupon. CVS sells 7-count boxes for only $1 making them free after this coupon. I’m guessing you could get them free at other stores as well.

Thanks, Common Sense with Money!

FOR MORE COUPONS, search our comprehensive Coupon Database for manufacturer coupons, printable coupons, eCoupons, and more!

Share This:

Great American Cookie: Free Original Chocolate Chip cookie (Friday, October 1, 2010)

Stop by any Great American Cookie location tomorrow (Friday, October 1, 2010) from 10 a.m. to 2 p.m. to get a free Original Chocolate Chip Cookie.

You can also get a free cookie of your choice by stopping by anytime during the month of October and donating a new or gently-used book. All books collected will be donated to a local public library or charity. Limit one cookie per person per day.

Thanks, Springs Bargains!

Share This: