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Happy New Year everyone!
Just a little celebration of my domestic and creative sides...
Earning brownie points sucks, but spending them might be fun!
And.....
Dr Dunbar's presentation was fabulous. She even showed us home video from her two trips into outerspace. She talked about weightlessness and the affects of zero gravity on the human body and she spoke of her passion for turning kids on to science and math. Dr Dunbar is now the director of the Museum of Flight. She is just a very cool and inspiring pioneer.
The goal of the Fed is to prevent an economic deflation. There are reliable methods that can be employed by the Fed to deal with recessions and inflation, but not deflation. She said that the current economic situation is unprecedented. Changes are taking place so rapidly that she is having trouble keeping her lectures up to date! Exciting times if you an Econ teacher.
That being said....our prof believes that the "U" scenario is most likely. We are down now and unofficially we are in a recession- (we have two consecutive quarters of downturn before it is officially declared a recession). This should not be a surprise to anyone! She does not believe that we have hit the bottom of the U yet though.
It is expected that we will be down for a while. We will not recover until we see the housing market reach its bottom. (Karma suggests that her sources expect 2 years of downturn!) Before we recover it is expected that unemployment will drop from 6% to 8%. It is expected that as money gets tighter people will continue to restrict spending, and some will find that they cannot cover monthly expenses. Many of these people will resort to credit cards and unfortunately this will be the next shock that our economy takes. If you can avoid this trap- I highly recommend that you do!
In April, Simon and I discovered Dave Ramsey- he is very down to earth, financial planner- he has a radio show and he is a strong advocate of living a debt free lifestyle. He has a lot of practical advise for managing personal finances that just makes sense to us. I especially admire his people skills. His ideas are not at all mainstream, and he has had a huge impact on our marriage and our money- we are on the same page with our goals and our spending. Last week we paid off our final bill, and we are now debt free except for our mortgages. Our next goal is to save up an emergency fund to cover 3-6 months of bills. We are also saving to pay cash for new windows.
Our debt free state is great timing because we are hearing rumors of layoffs at Boeing. I feel better about that prospect given our current debt free state. Ultimately debt = risk. We are determined to pay cash or do without in the future.
I plan to add an occaisional post on money saving tips and other financial wisdom that I come across. And I will also increase my posts of comfort foods!
If you are interested in learning more about Dave: http://www.daveramsey.com/.
I have very little girlfriend time right now. Prior to starting school I got together with 12 girlfriends to play Bunco each month- but this group seems to have disbanded. I speak to my sister and my mom almost daily, my mother in law once a week. There are a few old school friends that I have become reacquainted with lately, but they live a long ways away- so our relationships are primarily virtual. I have a great hair stylist! I do grab girlfriends for coffee break at work during the week as well-anything to get in some female conversation time. Once school gets out I will definately have to work on this more.
That leaves:
Weekends never seem to be long enough. Or perhaps, my "to do" lists are never short enough...I always make a list and rarely find that I have time to accomplish everything on it. I need to scale down, and I need to exercise- these should be my priorities.
My "done" list for today is somewhat impressive- considering I slept in (must take care of myself first!).
As scheduled, Charles Nash VanderHouwen arrived midday yesterday. He is my 4th nephew and at a whopping 9lbs 15 oz, he may actually weigh in as the biggest baby ever born into our family.
I am told that both baby and mom, Michelle, are doing great, and my brother, Dennis, is just overjoyed.
In the spirit of my home cook-n blog, I decided to pull up a recipe in Charlie’s honor…a kid that big will no doubt have a voracious appetite.
While it may be a while before Charlie gains an appreciation for these wonderful no-bake cookies, I am certain that in a few years, both dinosaurs and cookies will be a common feature in the VanderHouwen household.
1/8 c. dirt (cocoa)
1 c. crushed bones (sugar)
1 c. grass (uncooked oatmeal)
1/4 c. swamp water (milk)
1/4 c. fat (butter)
1/4 c. squashed bugs (peanut butter)
Mix dirt and swamp water in a large saucepan. Add crushed bones and fat. Heat and bring to a boil for 1 minute. Remove from heat and stir in grass and bugs. Drop on wax paper and cool until firm.
Stay tuned for updates on Simon...you can also view our shared blogspot at http://www.meandfrogboy.blogspot.com