Happy Monday, ya’ll! I decided to take a break from my Annual Expenses series of posts as the concept was feeling a little stale. I’ll probably pick it back up next week. But for today, I want to tell you about a recent purchase, give you a general update, and do one other thing I had said I would but forgot about until now. Let’s get to it!
Over the last year or so, I’ve noticed a trend where “deals” pop up when I’m looking at my online accounts with different banks. Usually, it’s in the form of “spend x dollars at a particular store, get a y dollar reward.” I haven’t messed with them until now because I’ve been busy, the offers usually didn’t apply to anything I particularly wanted to buy, and the dollar amounts didn’t entice me to do things differently. But recently, I saw one with American Express that changed all that: spend $25 at an office supply store, get a $5 reward. Toner cartridges for my printer cost way more than that and I have to replace them every pretty routinely, so I went to the local Office Depot. The cartridge I needed seemed a little pricier than usual at $90, so I checked online. The first option I saw was $60 – and interestingly enough, it was at Officedepot.com! I asked one of the clerks if they would price match their website, it turned out they would, and just like that, I had saved $30. Tack on the $5 from the good people at American Express and the cartridge was $35 off.
The lessons here are pretty obvious, but bear repeating as a reminder. First, keep your eyes open for easy opportunities. It took me less than thirty seconds to read over the Amex offer, come up with a plan to take advantage of it, and click it. Second, a price is not set in stone. It was a little shocking in this case that Office Depot’s brick and mortar location was substantially more expensive than its website (and no, the online price did not say it was a “sale price”), but even when it’s someone else’s website, a lot of stores will price match now since if they don’t, they will probably fall victim to “showrooming.” Third, regardless of the situation, it never hurts to ask and you can’t get what you don’t ask for. ‘Nuff said.
My current career situation could be described as “frustrated and angry, but opportunistic.” In the throes of panic mode, my employer is making life incredibly difficult for those of us out in the field with a seemingly impossible double standard. Their words say “we want tons and tons of business.” Their actions say “we’re not going to let you do any business unless we absolutely have to.” And some other actions have already made it clear that “if you don’t do tons and tons of business, you’re fired.” It seems infuriatingly disingenuous, particularly when you consider that numerous firings have already happened and not one of the people left employed appears to be safe. But then you remember that these management guys are likely facing similarly impossible double standards that have been set by the guys above them and the whole thing just kind of becomes a shared nightmare for all.
The only thing that’s certain is that it’s time to put up or shut up. As a result, I’ve been busting ass like never before and thankfully, succeeding like never before in spite of terrible market conditions. In fact, not only have I become one of the higher performers in the entire country, but of the handful of people who have been hired in my division over the last five years or so, I’m literally the only one left standing. I’m damn proud of that, even as I feel for those who didn’t make it. There are two ways to look at this situation. Sure, it’s difficult and in many cases unfair. But life hasn’t been fair since the kid in preschool took the toy from you without asking, you pushed him, and the teacher only saw the second part. Or even before that when one kid was born into almost unimaginable wealth and opportunity in the US by world standards, while another was born into almost guaranteed poverty.
Bottom line, there is opportunity in everything, even when things look extremely bleak. I do my share of bitching, no doubt. I need to work on not letting things phase me as much. But at the end of the day, I’m the guy who’s out there in all out attack mode when many others are retreating. I may go down swinging anyway, but that’s virtually guaranteed if I don’t try. In the mean time, I’m making more money than ever and building on what had already been a pretty promising career. This terrible period could be the one that takes me from pretty successful to extremely successful. Someone has to come out on top, right? As many people who have gone on to give the best performances of their lives have said, why not me, why not now?
Like it or not, few entities have more data on us and our finances than the credit bureaus. We can either waste our time being angry about that, which will change nothing, or we can use the opportunity to indulge our inner data geeks and glean some valuable insights. Recently, someone from Experian emailed me about a post on their blog. It is a comparison of mortgage debt held by different generations and since typing the word “millennial” is basically page view gold, it of course approaches the topic from that perspective. I think the data is presented in some pretty interesting ways. Of course, if you go to their blog, they’re hoping you will click on something else and buy something. But the post is free. And full disclosure, I’m not getting anything from linking to it other than to help a fellow blogger out. Check it out here.
That’s all for today, folks. Have a great Monday and an even better week!