Tag: budgeting

Letting go of things that no longer serve you

July 5, 2026

A significant price increase notice from Adobe started me down the “subscriptions” rabbit hole. As a teacher, I received a substantial educator discount from Adobe, which continued into retirement. I’ve consistently used some of the applications, but not InDesign and Illustrator – the two primary reasons I continued to pay the fee each month. My rate would double at the September renewal. I canceled. For how I use the applications, the juice was simply no longer worth the squeeze. Other, more affordable, options are available.

Next, I addressed the other item bothering me – our dental insurance (not!). After 15 months of dental and vision insurance through my alumni association, I canceled the dental coverage, but kept the vision plan. Why? I view optional individual insurance like this as a prepaid plan for services. My expectation is that premiums paid in and benefits paid out should be about the same at the end of the year. The math didn’t math. Our dental plan paid out in benefits about 25% of the premium amount received, whereas the vision plan actually paid for itself.

I didn’t cancel everything. I actually switched my Cricut Design Space subscription to an annual one to take advantage of a 30% discount. It made “cents” as I frequently use the service.

Lastly, I set my Craft Industry Alliance membership to non-renew at the end of the current term. While not expensive, I don’t really do anything other than read the email newsletters (which are free). I can always rejoin, if FOMO strikes.

The unexpected surprise? I let my Spotify premium membership (which I’d had for YEARS) return to the free plan when my annual subscription ended in April. Why? They allowed ads in the podcasts, which weren’t removable, even with a paid plan. I primarily use Spotify to listen to podcasts. Why would I pay to listen to ads? Know what? All is well. Absolutely zero FOMO.

Financing your new sewing machine?

August 28, 2025

Sewing machine companies often run 0% financing promotions if you buy a new machine that’s above a certain price point (say $3000 & up). Purchases are made via a special credit card usually offered through Synchrony Bank.

Let’s look at Janome’s current Labor Day promotion.

To summarize:
0% interest for 36 months if you spend above $3,000.00 in a single transaction.
OR
5.99% interest for 72 months if you spend above $6,000.00 in a single transaction.

This offer is for charges made on the Sewing & More Credit Card issued by Synchrony Bank.

Before signing on the dotted line, be sure to read what consumer advocate Clark Howard refers to as the mice type.
The default interest rate on this credit card is 34.99% and the penalty interest rate is 39.99%. This is a HUGE difference from a 0% or 5.99% interest rate for a fixed period of time.

Let’s see what the numbers look like if I were to buy a Janome 9480 with ASR + tax + acrylic table insert to make the total transaction $6,000.00.

Loan TermLoan AmountInterest RateMonthly PaymentTotal Paid
36 months$6,000.00Zero/None$166.67$6,000.00
36 months $6,000.0034.99%/39.99%TBD$9,769.76 to $10,390.53
72 months$6,000.005.99%$99.41$7,157.45
72 months $6,000.0034.99%/39.99%TBD $14,416.72 to $15,896.96

The “gotcha” here is that if you fail to make timely payments or pay the full balance off at the end of the special interest term, the credit card company could apply the default interest rate retroactively back to the initial purchase date and/or invoke the penalty interest rate according to the card agreement rules. This means your purchase with higher interest rates applied could potentially cost you anywhere from 50% to 122% more than your original transaction amount. Ask yourself, “Can I make payments according to the schedule to avoid the high interest rates?”.

My personal take:
I’ve been saving up for a new sewing machine. When I’m ready to buy, the current plan is to time the purchase so that it posts to my travel rewards credit card right after the monthly statement drops. I pay my credit card in full every month, so the payment due date for this new charge would be almost two months away. I’ll earn rewards that I can later apply toward my credit card balance.

If my 8900 were to give up the ghost and I need a new machine before having the entire amount saved up, I would be totally fine with the 36 month special offer because: (1) the monthly payments fit my budget and (2) I have no concerns about paying the balance off by the deadline. If (1) and (2) weren’t true, I’d keep saving or consider alternative machines with large throat spaces that are within the amount I have saved.

Photo by Nataliya Vaitkevich on Pexels.com

Review subscriptions and memberships

March 15, 2025

Last year, I went through our remaining memberships/subscriptions and made a list of the ones that would not be renewed at the 2025 renewal date:

  1. Everand/Scribd
  2. Smyrna Public Library
  3. Amazon Prime
  4. QuiltFolk magazine
  5. Missouri Star BLOCK magazine

Everand was cancelled the same day they announced a price increase.

The Smyrna Public Library is a hard one for me. I live outside the city limits and pay a modest annual fee to use the library. It’s totally worth the fee, but after being told last year that Sadie was no longer allowed in the library outside of official therapy dog visits, I’ve limited my visits and ceased all non-READ volunteering. Now that I no longer work part-time as a literacy enrichment instructor, I don’t need the extra access to children’s picture books. No need to renew. The county library system and regional library consortium will meet my needs. (Update 5/13/25: my renewal fee was waived due to a “policy change”.)

Amazon Prime no longer represents a good value for us. Stuff is frequently delivered late. There’s not much streaming programming that we watch. I get books and magazines for free via the Libby app at the public library. We’ll do what our niece does and wait until the shopping cart has $35 in it to get free shipping. We can wait a day or two extra for delivery.

Quiltfolk is a quarterly quilting lifestyle magazine. It’s absolutely gorgeous and available in print only. I’ve been a subscriber since the magazine’s early days. Over time, I’ve kept a handful of issues and shared the rest. It’s become too expensive to just give away. Already been set to non-renew.

BLOCK from Missouri Star is another quilting magazine. I flip through each print issue when it arrives, but haven’t made a project from one of the magazines in a LONG time. The issues also come digitally as part of the subscription, so I’ll still have access to them even after I cancel. (Update 5/13/25: With the new format, I really find value in the magazine projects, so it’s a keeper for now.)

Photo by Mikhail Nilov on Pexels.com