Archive for the ‘Finance’ Category

A New Twist

Thursday, May 14th, 2009

Last weekend, we prepared Chipotle Chile Pepper Chicken for some guests. We decided to try this new twist on our rice recipe to accompany the meal. It was quick, simple, and delicious. It would taste wonderful pared with any spicy or Mexican food.

Mexican Rice

2 cups white rice

1/4 cup extra virgin olive oil

8 chicken bouillon cubes

4 cups liquid – (2 cups chicken broth, 1/2 cup Chardonnay or equivalent white wine, 1 1/2 cup water)

1/2-1 Cup finely chopped onion

1   tbl  garlic powder

5      Tablespoons thyme and oregano

1      Tablespoon fresh ground pepper

1 cup tomato sauce

Juice of 1/2 lemon

1 – 3 tsp of chile power (optional)

tomato

In a 2-3 quart pan with a well-fitting lid, brown the onion and rice in the olive oil for about 4 minutes or until it becomes transparent.    Meanwhile, prepare the chicken broth, dissolving 8 bouillon cubes into 2 cups of water. Add the chicken broth to the rice. Add the water and Chardonnay.

You can adjust the proportions of broth, wine, and water to suit your taste as long as the total amount of liquid is 4 cups. Slowly add the liquid to the rice.  For a spicier rice, add the chile power. Add tomato sauce, herbs, pepper, and lemon juice and gently mix.  Cover the rice and cook over medium heat until the liquid is absorbed.  This takes about 20 minutes.

Lemonade out of Lemons

Monday, April 27th, 2009

When we relocated to Indiana eighteen months ago, we left our home in Northern Michigan unsold. Our plight was similar to dozens of others in our area. The dwindling manufacturing economy began forcing families out of Michigan long before the rest of the nation even began to ponder the word “recession”.

We visit our home as often as we can,  as frequently as twice a month. We have been able to spend festive holiday weekends and long, drowsy summer weeks at our northern home. In fact, we now enjoy our home and 20 acres perhaps more than we would if we lived there. But as we began to lay plans for the coming summer, weekends at our home up north promised to stretch far apart.  So, we were forced to come up with a new plan.

lemonade-to-lemons

In the past, we have taken advantage of local vacation rentals for our vacation accommodations. This has allowed us to minimize the costs of vacation and enjoy a relaxed, flexible trip. We cook our own meals rather than constantly eating at restaurants. We can easily store mountains of luggage rather than tripping constantly over duffel bags and surfboards in diminutive hotel rooms.  We know the advantages of vacation rentals. We enjoy our home, located in the middle of Michigan’s tourist region. Why wouldn’t others?

We registered for an account on Vacation Rentals by Owner. Then we checked with our accountant to clarify any tax laws and ramifications. After determining rates, we drafted a renter’s contract using the resources available at the VRBO site. Our lawyer finalized the contract.  We had a group brainstorming session and filled out the details and information for our vacation rental on the VRBO forms. Then we uploaded the allotted 5 pictures of the home to our VRBO account.

Meanwhile, we set up a separate website for our home using WordPress. A personal website, linked to our VRBO page, allows us to provide visitors with many additional pictures and a great deal of information about both the home and the area.

So now we wait. Hopefully, we’ll hear from prospective renters soon! If you’d like to check out our website, visit our listing at VRBO or the home page of The House at Cherry Grove.

Meanwhile, share your experiences in the comments. Have you ever utilized vacation rentals? What adjustments has the economy forced you to make?

Hard Times

Wednesday, September 17th, 2008

Lehman Brothers declares bankruptcy, AIG is rescued from bankruptcy, Merrill Lynch is delivered from bankruptcy by Bank of America, the Dow drops 500 points, the nation is experiencing a housing foreclosure crisis . . . tough times appear to be upon us.

Tough financial times require most of us to tighten our belts. Little luxuries must often be sacrificed. Perhaps this is why Starbucks has experienced a decline in their fan base. Some of the first things to go are the delicious, aromatic beverages that we so easily purchased as we zipped through the local coffeehouse drive-through. We are saving our pennies as well as our dollars.

I have a terrific frugal alternative to that expensive cup of joe. First, fire up your own coffee maker. Now, when you add your coffee grounds sprinkle 1/2 – 1 teaspoon of cinnamon or 1 teaspoon of vanilla (or both) into the grounds. A lovely fragrance will waft through your home as the coffee is brewing. You will enjoy a flavorful and economical beverage.

For other great Works For Me Wednesday tips, visit http://rocksinmydryer.typepad.com/.

“There can be no freedom or beauty about a home life that depends on borrowing and debt.” – Henrik Ibsen