Personal Finance Roundup

7 smart moves while rates are low [MSN Money] “There’s not much room for interest rates to go lower, and making the right moves now could potentially save you big money.”

15 Frugal Ways to Battle Boredom [Wise Bread] “There are a lot of great ways to battle boredom and keep your spending under wraps.”

Invest in a Deep Freezer [The Simple Dollar] “One of the most critical appliances in our home when I was growing up was our chest deep freezer.”

You Don’t Have to Start Off Rich to Build Wealth [Wall Street Journal] “Here are three ways to start small. Really small.”

Shopping for a Car? Bring Your Wife [Smart Money] “Men looking for a new car would be well advised to bring their wives, a new study suggests.”



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  1. momtimestwo says:

    I’ve been thinking about getting a small freezer chest like the one pictured. How well do they hold up in a hot garage?

    • Cat says:

      It depends on your definition of “Hot” garage.
      NY state “hot”? It will be okay.
      Las Vegas hot? Not good.

      Sam’s club has 5 and 7 CF GE chest freezers under $200 ($220 at best buy for the 7CF). We have the 7 CF, it’s in our garage and is always full. It went nearly 2 days without power once, and the food on the top had just started to thaw.
      7 CF model:
      Energy Consumption (kWh/year) 277
      Estimated Yearly Operating Cost $25

      • Cat says:

        I should add:
        In a hot garage, a freezer will work fine, but it will cost more to operate and also make your garage even hotter. It may have a shorter lifespan, too, since it’s running more often.

        And the 2 GE models I mentioned have no temp. control, just one setting – “F-ing cold”.

  2. SporadicBlah says:

    If your thinking of buying a freezer be sure you do your research. Growing up in farming communities I’ve had them all my life. If you buy a chest freezer, what you want will ALWAYS be on the bottom and you are more likely to loose food because it get buried. If you buy an upright they are less efficient and cost more to run but you can easily keep an inventory on your food. I prefer the less efficient upright. Just dont open and close the door much. Every time you open the door all of your cold air falls out.

    • Cat says:

      Uprights also cost more to buy.

      My solution to the chest freezer “lost at the bottom” problem is: Annual clean out. Since my chest freezer is not frost-free, it needs an annual defrosting anyway. Also, putting baskets in the bottom helps keep it organized.

      That said, an upright is way more convenient. I just couldn’t justify the price difference – nearly double – and it’s very hard to find a small upright freezer.