Fabulously Broke in the City

Fashion crimes.. spotted in Montreal

You know, I thought Toronto may have been the worst city for fashion crimes, but Montreal takes part of that dubious honour… (that’s not to say ALL of Montreal is bad, there were some very chic people out there, but these are a couple of things I saw):

- Very thin, clingy white t-shirt, with a very visible bra, and more importantly, flabby tummy with all of the rolls being clearly defined. It’s fine to have rolls (goodness knows I have my fair share of them), but at least wear more structured fabrics to skim over them…

- Very very short skirts and shorts. The girl couldn’t bend down or bend over to pick up her wallet to save her life!!! They’re cute, on people younger than 30 years old, maybe even 25 years old, but they’re incredibly uncomfortable because you can’t be sure if you’re flashing others, and you’re constantly worried about the skirt riding up. This girl kept trying to tug her errant skirt down, and I felt like saying: Just wear a longer one!!!!

- Jeans that “dunlap”… As Oprah would say, her stomach dunlap over her jeans!. Seriously, get a slightly higher rise jean, or one that isn’t quite so clingy and tight (low-rises do that for you). They hug and cling at the wrong places and create muffin tops (where your stomach spills over your jeans at the sides aka “dunlap”), or give you no butt at all, or are just… wrong. So very wrong.

And the worst fashion crime?

Super short shorts (dunlap + muffin top in MAJOR action here) with a very long, very outdated Shania Twain fringe bag, matching cowboy boots, and a mini crop t-shirt, that barely covered her rolls hanging out over everything. Topping it off with no bra as well…

She looked like a big round blueberry-shaped torso, tapering down to very visibly cellulite-ridden, flabby legs, and super tiny ankles stuffed into otherwise cute cowboy boots.

Had she worn shorts longer, maybe Bermuda ones, with a cute ballet flat, and a shirt that fit her better, that was longer, looser, and more structured (and good heavens, an actual BRA would be great), she would’ve looked so chic…!!

Wish I had my camera….

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Quick reminder to everyone: BACK UP YOUR WORK

My laptop had to get reformatted, and reprogrammed by my company because I got a virus somehow – what the heck? I haven’t opened any weird programs or installed anything weird, but regardless, I got a virus and my computer started acting weird and not receiving emails at all.

So it’s a good thing that I backed up ALL of my work on external hard drive – I do it about once a week, sometimes nightly if I’m on a project and things change really fast. You just can’t trust computers nowadays, no matter how much you pay for it, and backing up your work is a smart idea.

Ways to back up your work

1. Burn it to a DVD/CD – so you can pull the information off whenever you want and always have it, but I’ve heard that they only last for 5-10 years…

2. Back it up on external hard drives – I feel that this is my best option. You can get really portable, tiny ones that hold about 120GB of space (or more). The best brand I’ve dried out there is Western Digital and whatever brands it makes items for as well. Iomega has also been around for eons, and is the first brand I remember way back in elementary school (WOW) that had external hard drives out on the market.

This is certainly a category that you GET WHAT YOU PAY FOR. You do NOT want to cheap out with your data (I did ONCE by buying a cheap external harddrive by …ZDATA. WORST buy ever. ZDATA has the WORST external hard drives. Cheap, Flimsy. One light knock and the parts will die in it. DEFINITELY not as durable as Western Digital and Iomega, and if you travel or mov with this “PORTABLE” hard drive a lot, you definitely want to shell out the proper cash for it.

Here’s one on for sale at Best Buy for only $99.99 that runs on USB power. Any higher (I think) and you’d need a separate power cord for it, the USB port on your computer/laptop won’t be enough power to juice anything faster. But I could be wrong.


Western Digital My Book Essential 320GB External USB 2.0 Hard Drive
It’s the size of a book, sits horizontally and is a good amount of space. I have a much smaller one almost a bit bigger than an iPod video, and it holds 120GB. The smaller you want it, the less space it’ll have, and it’ll probably cost the same.

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Style tips to weather you through the seasons

This is from my own personal view of course, and from shopping experience, heartache and disappointment. So I’m going to try and list what I have in my own wardrobe (you can skip those sections if it’s boring), and the reasons why I bought them.

Buy quality items

This doesn’t necessarily mean you have to spend a lot of money on items, but if you’re going to buy a winter coat, and you’ve scoured thrift stores (if that’s your thing) and can’t find anything, don’t cheap out and buy any old scratchy, itchy, wool coat that doesn’t fit as well as it should just to ‘see you through’ the winter. You probably spent about $50, maybe even $100 on this cheap wool coat right?

Well, when next winter comes around, and your coat looks beaten up, it’s pilling all over, and the stitching comes apart at the seams and you need to find ANOTHER coat, you’ll be spending another $50-$100 on another cheap coat. Why don’t you just buy ONE good coat, maybe $200-$500 (whatever your budget may be), and take really good care of it because you love it so much? You’re going to feel better at the end of the day when you wear that coat since you’ll have it on every time you go outside, and with some special care, it can last you through a couple of seasons, and cost you the same amount as if you bought a $100 winter coat every year.

I’d also suggest buying a nicer looking coat, that isn’t a sporty down-filled coat, or anything like that. The reason being that if you have to go to a fancier shindig in the middle of winter, it’s going to look quite strange if you wear a puffy jacket over your dress clothes. Whereas a dress coat, if you wore it over jeans and a t-shirt, dresses it up, and makes you look more dressed up than you really are, especially if you’re lazy and just running to the convenience store.

My trick is I am ALWAYS on the lookout for a winter coat.

FB: “Because it’s on sale/cheap, and women need different lengths of coats for different outfits. It doesn’t look right to have a half-coat with a longer dress, but sometimes it’s just too heavy/cumbersome to wear a long coat when you’re running out in jeans.”

I had/have a very long $100 black wool coat from Le Chateau – which I threw out when we moved the last time, because the wool matted down so much on it, it was scratchy and I had it since I was in Grade 8. Yep… Grade 8. It was time to let it go.

My second coat was a $200 dress ivory cashmere/wool blend coat that is luxuriously soft and GORGEOUS.

I have a $15 thrift-store Gap “wool” coat – it was so thin, it was almost laughable that they would think someone would be able to wear this coat in a Canadian winter, and not have to wear an additional 50 layers to keep warm. It originally cost $100 (I checked similar styles in stores), and I had it nipped in at the front with princess seams to make it a bit more fitted. I use it as my autumn sweater coat, since it’s so thin.

Last winter I picked up an ankle-length dove grey cashmere-wool blend coat by Isaac Mizrahi for $100, when it was originally priced at $300! This was near the end of winter, start of summer, so stores were trying to sell their old winter stock.

I just bought that grey Atmosphere waist coat for $8 that is super warm and comfy.

I used to have this white coat that felt like real suede but it wasn’t, and was machine washable! That was clearly a lie, because when you washed it, the stains never came out of it once it was in the fabric – it was permanently stained whatever colour happened to fall on it.

And every time I go into a thrift store, I check the winter coat section for any new finds. You’d be surprised at what people donate because of a small rip in the lining, or they just got a new coat that looks JUST like their old one, etc. But I also do this in the mall too – I’ll look out for coat deals like 2-for-1, or really good quality coats that are on for a third of their original price.

The same goes for autumn coats. I have a gorgeous $200 red knee-length Jacob coat that I have worn so many times in a row, the cost per wear is so low, it isn’t funny.

Stick to what you know

So the trend for this year is high waists is it?

I’m sorry, but it just won’t fly with me and my body type as it isn’t stick thin. I have a bit of a belly, and these pants actually make me look like I have a bigger paunch than I do because it goes up to my waist, and then the material drapes down over my lower half of the belly and cups it, emphasizing its roundness. In addition, my proportions are off and it makes my whole upper half look miniscule compared to my bottom half; and while I want longer, leaner legs, I don’t want to look like I’m all legs and no torso. Besides, it’s hard for me to breathe when I wear high-waisted pants. If you’re all torso and no legs, maybe it’d be a good look for you, but not for me, that’s for sure.

But on super tall, skinny models, it looks perfectly proportioned, stylish and effortless, quite chic actually. But they’re tall. They can pull it off because their legs look enviably longer, and their torso looks normal in real-people’s standards.

High-waists are just ONE of the trends out there today, and quite frankly I’m loving where the rest of it is going – more vintage and glamourous.

Whatever you pick as your favourite ‘style’, even if it’s t-shirt and jeans, you can always accessorize. Accesories are the cheapest, most versatile way to trendify (not even a real word, hah!) your basic uniform and keep you current and up to date even if you can’t wear what’s out there.

Be critical of fit

Fit is pretty important because if a gorgeous, designer item doesn’t fit on you, then A) you won’t wear it and B) if you do wear it, you feel awkward and gawky in it and far from being the confident woman (or man) that you really are. Bigger and looser is not necessarily better. And super skin tight and clingy isn’t either. What you are aiming for is the happy medium between the two: beautiful drape and body-skimming (not clinging).

Also be wary of buying items in a size smaller, even though you managed to squeeze into it in the dressing room. I have done this on a number of occasions, and I have regretted it every time. If it doesn’t fit, no matter how gorgeous it is, PUT IT BACK. Your purse will thank you later. If it’s too big, get it nipped at the tailor’s at the right spots to make it a bit more fitted.

Black is not always where it’s at

Black washes out a lot of skintones and makes them look paler, and less bronze-y and attractive as they could be. Try dark brown or burgundy (or navy.. but I associate navy with “old” for some reason), if you can’t get away from your black mindset.

But if you’re willing to go a baby step further, wear jewel tones like ruby red, emerald green, sapphire blue, amethyst violets…Those are usually as far as I go in terms of colour. I’m starting to get into buttery yellows.

Most people can wear ANY shade in the rainbow, it just depends on what TONE and hue of saturation that you decide to wear, and WHERE. Either in a top, in a bottom, a purse, accessories, etc.

The next baby step is patterns. Try stripes, smaller polka dots, squares, and move into modern florals, or anything that really catches your eye.

Me, I’m avoiding basics. I have too many plain t-shirts, and plain pants. I’m looking at grey plaids, argyle prints, mixing prints within a single top, or anything that isn’t BORING, although I’m quite partial to pinstripes.

Keep your hair up to date

I cannot tell you how many times I’ve seen women with the right outfits and shoes, only to look up and see really teased up hair in the front and frizzy at the back. Or other haircuts that just don’t flatter their face. What you could do, is go to a good salon ONCE, ask them what they think would suit you, get it cut that way, see if you like it. Then take a picture, and go to a cheaper place like First Choice Haircutters the next time, and show them the pictures of what you want your haircut to look like.

Me, I always go to a cheap chain like First Choice Haircutters because I know what I want – layering, a bit of razoring, and my hair just below my shoulders by a couple of inches. That’s it. And I keep looking at celebrity hair styles to see if I can tweak it some other way, but in general, something as drastic as teasing it up super high, or a blunt cut of the bangs, or anything that requires quite a bit of effort in the morning to make it presentable, may be a sign that it isn’t the right cut for you. I’m more of a wash-n-go girl, and I’ve just recently started rubbing in some hair products, but only when I remember.

And if I can’t stand my hair, I throw it up in a ponytail, or a low ponytail.

And don’t forget your makeup

Most women tend to wear their day face all day or their night face all day. The better of the two is if you wear your day face all day, because your night face in the daytime would make you look overdone. Too much foundation, concealer, all caked on, with bright eyeshadow, and long fake lashes, topped off with bright lips. At night, it looks great because you need to put on more makeup to have it show up at night without daylight. But in the daylight, it’s overpowering.

Also, not only lightening your makeup, but maybe changing what colours you are using might help as well. I find that light silvers, bronzes, or golds are the best colours for most skintones, or if you like things more subtle, matte neutrals and taupes. Sure they barely show up, but wear a dark brown or black eyeliner, and some curled eyelashes, set with black mascara. To finish off, a quick swipe of some light blush, concealer on some sections, a good swipe of lip balm, and I’m out the door.

I see a lot of women stuck in a rut, like wearing bright blue eyeshadow with bright hot pink lips with dark lipliner around the lip edges, because that’s what they’re used to, and that’s what they think loks BEST on them, but really, it isn’t. Just going into Sephora and asking for a NATURAL makeover, might really change your mind as to what is appropriate and current.

So, those are my few tips – any from the readers?

 

 

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What the hell does business casual mean?

To be honest.. I have no clue. I just know that business formal means a pantsuit or a skirtsuit, with pantyhose and closed-toe shoes. Period.

As for business casual, there are varying degrees at every company. Some are very laid back, and it means jeans and a polo shirt to the extreme, and others crank it up to khakis/chinos and button-up shirts, with no ties.

As for women, I don’t know what the rules are at my company, but I know that these are DEFINITE no-nos for business casual. (If you’re in a casual environment, fine. But business casual is another ballgame).

Very short mini skirts or shorts

I don’t care if you wear pantyhose with it, or textured tights, or knee-high boots. This is unacceptable. Please don’t wear short miniskirts to work. You’re just asking for HR to come breathe down your neck via your manager, which is never a good thing. Knee-length is the general rule for skirts in the workplace, or JUST above the knee.

As for shorts, I am still on the fence on whether they are work appropriate, but I think bermuda shorts are okay, as long as the shoe isn’t a flip flop, and more of a ballet slipper or knee-length boots.

Low cut cleavage and/or stomach baring, even slightly see through tops

Now, for me with a small chest, I can wear a deeper V-neck or a wrap dress with no slip underneath without much of an issue. But the same V-Neck on a lady with larger assets would be too provocative. This is because my chest is flatter, and it doesn’t bump out as much as if you had a bigger bust.

So please, for all of us who have to look at you, do a quick check to make sure that the cleavage is appropriate for work before heading out the door. I call this the Church Check. If you’d walk into church with that much cleavage showin’, then it passes the test. All it’d take though, if you’re unsure, is a little camisole underneath to cover up a bit more.

Stomach baring and see-through tops are also bad. I know that it might look great on the rack, but wear it against YOUR rack and check it in the light BEFORE going to work. I cannot tell you the times I’ve seen a woman in the light, in a very light skirt, showing her panties off to the entire office. And/or her bra. Really..

Spaghetti tops, Halter tops, Tube tops

Darlin’, these are all perfectly FINE to wear to work…. with a jacket over it! Exposing your shoulders with a thin spaghetti top, or lacy lingerie-like camisole is really not work appropriate. This is more casual wear in my books, and my friend in HR has repeatedly lamented to me about having to keep on people to dress properly for the work environment, because clients walk in and out of the office all day long, and they don’t want to give off the wrong impression that they’re not being serious enough at work.

Super high heels

Some women wear heels so high, they get nosebleeds. Why? You’re just going to be uncomfortable, and quite frankly, they aren’t as special if they turn into work shoes :P

Overly trendy and/or flashy

It’s fine to wear a bubble top, or something fun and a bit funky, but when it gets to the point of being more fashion-y than functional, like super skinny pants, sequined platform shoes, and a bubble top with sequins glitter and bits hanging off it… it’s a bit much. Just tone it down, and wear the bubble top with a nice knee-length skirt, or slightly wider pant, and make it more work appropriate. I know magazines constantly tout: “THIS IS SUCH A WORK APPROPRIATE OUTFIT”, but really, it isn’t.

In general

I personally treat business casual as business formal, but no pantyhose, and no need for blazers. I do however, draw the line at wearing sandals (even nice fancier ones) to work, because showing your toes to me, is too casual. And nothing too overly decorative like a big fluffy marabou high-heeled shoe either. Knee-high boots to me, are acceptable, but only with a knee-length skirt, and you can get away with no pantyhose if you so wish, although in winter you might want to wear some to block out the wind.

A couple of ideas

- A wrap dress, pantyhose (optional), and knee-high boots, or a classic pump. Wear a camisole underneath if you tend to bust out a bit on top. My chest looks just like that girl’s in the picture. Nearing the prairies and not very provocative.

- Nice pair of work pants, a spaghetti strapped top, and a light graphic print short-sleeved or long-sleeved blazer/jacket over it.

- Knee-length skirt, button-up oxford shirt, with a nice argyle (or not) vest over it

Any suggestions or rules you’d like to add?

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Fabulously Broke’s Retirement + Investing Primer – Pt. 6: Lart parting tips before you go forth, do battle and court Lady Luck

DISCLAIMER: This is totally from my own personal experience and point of view. I am not a professional financial advisor, nor do I claim to be one. I’m just a girl trying to make it through the world and pass on what I’ve learned so far from reading, talking to others, and by trial and error. I’m also purposely keeping it simple.

PART 6: LAST PARTING TIPS BEFORE YOU GO FORTH, DO BATTLE AND COURT LADY LUCK

Other things to think about when you’re picking whatever mutual funds you’ve decided upon.

Be diligent

Look at your stocks once a month, or if you’re paranoid like me, every 2 weeks. But the point is, to look at them. Don’t just invest, and leave them there to rot. If the economy is taking a downturn, look at your stocks and allocate accordingly. Also, don’t leave your stocks in the default mutual fund that your company’s retirement plan may have them in. This is normally the “Money Market Mutual Fund”, which returns a solid, low risk interest rate, but is usually pretty low, like 4% – 6%, which you can get in a regular savings account. Take a bit of risk, it’s worth it.

Be as Neutral as Switzerland

When you’re picking index funds, you may come across: US$, CAN$, C-NE (Currency Neutral). I always pick Currency Neutral. This is because I don’t want the hassle of wondering if the Canadian dollar will pick up, or the US dollar will pick up, and constantly having to juggle between these 2 mutual funds to benefit more. Certainly, if you care, and want to make a bit more money, and are intuitive about the dollars rising in both respective companies, then by all means, go ahead and spend your time juggling it around. Me, I just throw it into currency neutral, which takes into account the risk of currencies rising and falling constantly, and tries to adjust automatically for it by what financial people call ‘hedging’.

Go “E”, “E”, “E”

I’m using TD Bank in Canada as an example ONLY because I bank with them, as I have found that they have the best Basic RSP retirement plan than all the others, but I encourage you to go out and do your OWN research on these banks, and don’t take my word for granted (to be honest, TD Bank in all other aspects are really an awful bank to deal with, in terms of regular account/banking fees, etc, and if I could, I would’ve avoided using TD for my RSP because of the rude customer service I got from their main branches when I opened a bank account YEARS ago before switching to PC Financial after the fiasco. But my purse said: Are you mad!? So my cash won out).

So, TD Bank has a series of mutual funds called the “E-Series”. They also have these other vague names like “Investor Series” and other funds similarly, and confusingly named like that.

Now, the E series just means “Electronic”, or online. Which to me, translates as less overhead. And that means less of a fee. Which means a lower MER. And more profit in my pocket at the end of the day. And you still get the same great service from TD Waterhouse’s Customer Service Reps (which is a completely different division from their TD Banking section – they’re separate and not linked whatsoever).

In contrast, the Investors series, has some other benefits because of real live people touching your investments. I have no clue, I haven’t investigated into how different the Investors series is from the E Series.

Alls I know, y’all (as the once-great Britney Spears would say), is for the same US Index Fund that’s Currency Neutral, the MER for the E Series is a skint 0.55%. Not bad. In contrast, the MER for the Investors Series is a slightly chubbier 0.89%.

What’s the difference between the two? Not much. Just that real live people will be clicking a button to transfer or buy and sell your investments for you. The E series however, makes YOU click your OWN butons to transfer, or buy and sell your investments. How dare they! You should only be so lucky to pay an extra 0.34% for the privilege of someone else doing the clicking for you. :P The nerve of ‘youse’, self-sufficient investors…….

Et voila.

Now that you’ve gone through the Fabulously Broke Crash Course in Retirement and Investing, you should know the basics of investing. There is a TON more out there, but just taking the time to absorb this information will be more than enough for any beginniner. When you feel more comfortable, and are more curious, then check out the other more advanced, cooler financial blogs out there that don’t constantly post about pretty frocks and sexy stiletto heels, and learn more about your money. :)

All of my previous posts can be found on the right-hand side of this blog :) I also have a FB Retirement Calculation (tres simple calculation, there are more sophisticated ones out there by far), a FB Budget Planning Tool and a FB Daily Expense Tracking Tool – all in Microsoft Excel (.xls) pre-2007 upgrade. I say this because the MS Excel 2007 suite that came out uses a different file extension, that you have to download a special program to bridge the two disapparate formats. (I know, what a pain…)

Lastly

Forward any questions/comments to: brokeinthecity at gmail dot com and I’ll try my best to post them (anonymously of course), and answer them, or at least point you to a better direction/blog for more answers..

Update: The retirement savings poll results are in!!

POLL QUESTION: “What percentage of your take-home pay goes towards retirement? (Include company match %)”

In first place, unfortunately is: 0% Retirement? What retirement? Are you nuts!?. 37% of you don’t save ANYTHING for retirement! If you’re old enough to work, you’re old enough to save or at least entertain the thought of saving. Period.

Happily, the results go up from hereon in!

19% of you save 4-6% of your take-home pay, and 16% save OVER 15% of your take-home pay, and 15% of you save 10%-12% of your take-home pay.

And last but DEFINITELY not least, are what the rest of the minority saves.

1%-3% of my take-home pay 5%
7%-9% of my take-home pay 3%
13%-15% of my take-home pay 2%

Wow is all I can say. These are very encouraging numbers, keep up the great work, and just remember that the path to financial security (not even wealth or being part of the millionaire’s club), is by saving your money and accumulating wealth.

It is easier to earn more money than it is to accumulate wealth.

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