So far, I’m a happy customer. 

I’m on the three DVDs at a time plan right now.  I started out with two, bumped it up to three, [...]]]> Back in April, I signed up for Netflix.  I let myself get talked into it, but I figured I would try it out for a while and see what happened.

So far, I’m a happy customer. 

I’m on the three DVDs at a time plan right now.  I started out with two, bumped it up to three, thought that might be excessive, then caught a bad cold and was stuck at home, very glad I had three movies to watch.  According to FeedFlix, I’m spending an average of $1.26 per movie (both DVD and instant watch).  Admittedly, that’s a bit high, especially since I was using Redbox to rent movies for $1.  What happened?  Well, I had three weeks in a row that were absolutely crazy and I then kept the same three movies for all three of those weeks.  That raises the average cost a bit. 

Of course, that’s where Netflix makes their money.  I know people who have had one Netflix DVD for months because they never get around to watching that particular movie, but they still won’t return it.  Why, I’m not sure.  Perhaps they think they’re wasting the rental if they return without watching.  Clearly, we see the flaw in that logic.

But even at $1.26 a movie, I’ve been very happy with my Netflix subscription.  The turnaround rate is incredible.  I dropped some DVDs in the mail on the way to work Monday morning and they will show up today.  I’ve been able to watch a ton of movies on my “to see” list – both blockbusters and little indie flicks that are harder to find.  I’ve also discovered some movies that I never expected to enjoy thanks to the Netflix recommendations.

Of course, now that the regular tv season is starting up again and my life is getting busier, I might not have the time I had to watch movies.  I’m not a couch potato movie watcher – rather I turn one on and get chores done, like ironing and laundry folding, filing, budget updating, and pretty much anything else done on the computer.  But with a DVR, I’m not sure I’m still going to get the use of my Netflix subscription that I did over the summer.

So we’ll see what happens.   I’ve managed to set up a queue of over 200 movies/tv shows that I want to see, so this subscription might be sticking around for a while.

One of the things that personal finance gurus and bloggers alike warn against is lifestyle inflation.  Lifestyle inflation happens when you get a raise or move to an area with lower rent or somehow come into more money than normal and [...]]]> (Still on vacation, but I couldn’t bring myself to leave the blog completely empty.  Enjoy!)

One of the things that personal finance gurus and bloggers alike warn against is lifestyle inflation.  Lifestyle inflation happens when you get a raise or move to an area with lower rent or somehow come into more money than normal and then you suddenly find yourself spending more money than you were.  You can afford to, after all.  You have all this new money.

The better plan, of course, is to not let lifestyle inflation get to you and instead take all that newfound money and put it into some form of savings or use it to pay off debt.

I think I’m pretty good at preventing lifestyle inflation, but I’m not perfect.  After my roommate moved in and I got a small raise, I decided to bite the bullet and sign up for a membership at a gym around the corner from my office.  So far, i’ts been a really great plan.  I hit the gym just about every day at lunch and it’s been great for my stress levels, plus I feel like I have so much more free time by getting my workout “out of the way” during the day.

As I mentioned a few weeks ago, I got a promotion and a raise at work, and I just recently received my first paycheck with the new numbers.  I’ve been looking into increasing my TSP (401(k)) contributions as a possibility for some of this newfound money, and I’m also considering the possibility that my roommate might be moving out at the end of the summer.  But I also let myself get talked into a Netflix account, something I’ve been toying with for years.

I can hear you all laughing now.  I’ve been debating over a monthly membership that will cost me under $20?  Well, yes.  Sure, I can very easily drop $20 during a night out at the bar, but for whatever reason, this was a big deal to me.  I like that it’s not a long-term subscription and I can cancel it at anytime, and I’ve also linked my account to FeedFlix so I can very easily figure out my cost per movie and decide whether or not the plan is actually right for me.

I guess in terms of lifestyle inflation, it’s not that bad.  And it’s probably good that I look at these things with such a close eye.  If only I were just as cautious when going out for drinks with friends!