Affordable Luxuries #2: Filters and Routers

Become a Patron!After almost 6 months of working from home (i.e., bed) in a one-bedroom apartment, I'm about 95% of the way through a move to a preposterously decadent two-bedroom apartment, which means it's time for another entry in my occasional series, "Affordable Luxuries." Unfortunately, the two-bedroom apartment isn't the affordable luxury: housing in big cities is far too expensive at every position on the income ladder, and my new apartment is no exception. But while housing is cripplingly expensive, luxuries don't have to be.

Replace your refrigerator's water filter

I've been making dad jokes so long some of them already have children in graduate school, but one of my favorites is to point out whenever a store has a double glass door that our proud ancestors were allowed to use both doors, while we are sternly instructed to "use other door."I get the same energy from people who own refrigerators with built-in ice and water dispensers but who insist you use tap water because "the fridge water is no good." Invariably, the fridge water is no good because the owner hasn't replaced the filter in 25 years.There are two reasons this unfortunate situation persists. One is that owners may not know their refrigerator even has a filter. It's usually tucked in the back corner of a top shelf, and if it was there when you bought the fridge you may not realize what it's doing there. The other, even more curious reason, is because it's extremely difficult to buy replacement filters. For example, the Sears corporation sells Kenmore brand refrigerators, which come with Kenmore brand filters, but does not sell Kenmore brand filters. To buy a Kenmore brand filter, you have to go to a different Sears-owned website, Sears Parts Direct.Fortunately or unfortunately, depending on your perspective, a vast assortment of companies sell filters designed to replace the brand-name filter that came with your fridge. It's fortunate because it means prices are extremely competitive for these products. It's unfortunate because the companies have inscrutable made-up names, so deciding which ones to trust is largely a matter of faith. I have personally used Waterdrop filters the last few times I needed replacements, but that's not an endorsement: I truly do not know whether they're any more or less reliable or suspicious than the hundred other companies selling interchangeable versions of the same products. I do like to make sure filters are certified for both NSF standards 42 and 53, which you can Google if you're interested in additional details.A new filter should run you $15-20 and last 6 months, or about $3 per month — practically the definition of an affordable luxury.

Get a faucet-mounted filter

The District of Columbia water utility, for unknown reasons, has a mascot, Wendy, who represents, I think, a drop of DC tap water. Wendy encourages DC residents to drink tap water instead of bottled water, a sentiment I naturally share. But what if you don't like the taste of your local tap water? That's right, it's another affordable luxury: a faucet-mounted water filter. I like the Culligan FM-25 in chrome since it matches my fixtures, but the white plastic FM-15A is an excellent choice as well. Either choice will run you $30 or less to start, with even cheaper replacement cartridges every 6 months or so.Now you might ask, why would I need a faucet-mounted filter when I just replaced my refrigerator's filter? Because you need different tools for different jobs! You can use your fridge filter to grab a quick glass of water, but if you want to boil some pasta, you're gonna want to use the faucet. I use filtered water for everything — is that an absurd luxury? Of course it is. But it's an absurd affordable luxury!

Get a new Wi-Fi router

I've been working from home for years, but when my partner was relegated to work-from-home status in the early days of the pandemic, what started as a nuisance became a crisis: our home wireless network did not support even basic audio and video streaming, let alone the 30-person calls that were now de rigueur.I knew I needed to get to the bottom of the problem: was the problem faulty wiring, a defective cable modem, or an out-of-date Wi-Fi router? New Apple computers no longer come with ethernet ports, but fortunately I kept my antique laptop around and was able to quickly determine that the wiring and modem were fine: the wireless router was the bottleneck.Thanks to the constant barrage of coupon codes Staples showers me with, I was able to buy an Archer A7 router for about $50 (I did have to add a couple bucks worth of pens to get my order to the $75 threshold to trigger the $25 coupon). Clicking through a shopping portal and paying with my Chase Ink Plus credit card brought my final cost down another couple dollars. Once installed, my wireless speeds with the new router immediately matched my wired speeds.Given that work-from-home will be the rule for the foreseeable future, this would be worth doing at many times the price, but the fact it was so cheap definitely makes a new router an affordable luxury.Become a Patron!

Quick hit: use Kanopy to stream films for free

I just found out about this service and thought I'd pass it along in case readers weren't aware of it.

Kanopy lets you stream 6 movies per calendar month for free

Setting up an account is straightforward:

  • Navigate to https://www.kanopy.com/ and click "Watch Now"
  • Search for your local public or university library
  • Create an account and connect your library card or university ID

Once your account is confirmed, you receive 6 "play credits." Each play credit can be redeemed to watch any movie in the system as many times as you wish for 3 days. Your play credits reset at the beginning of each calendar month.Not all libraries and universities participate — the DC Public Library does, the Madison Public Library doesn't — but many do, so hopefully if you've accumulated library memberships over the years as I have you'll find you have at least one that works.Finally, it seems you can add multiple library memberships to a single Kanopy account, which may allow you to receive more than 6 play credits per month. I'm not sure simply because I wasn't able to find a second participating library where I'm a member. And of course if you have multiple people in your household you can get a library card and Kanopy account for each person.

Why Kanopy?

Kanopy isn't the be all and end all of streaming services, but if you use Amazon, Hulu, or Netflix you know the selection on each platform is limited. In that sense, Kanopy simply gives you a fourth place to check before you resort to pirating the movie you want to watch.On the other hand, Kanopy seems to have a simple, functional interface, and it doesn't autoplay previews when you move the cursor over a title, so you may end up preferring it to the ever-more-cumbersome interfaces of the other services.In any case, for now it's totally free, so you may as well check it out if you're interested.

Podcast recommendations for January, 2018

I spend a lot of time listening to podcasts, and when I mention this, people often ask me for recommendations. In general, I don't think I'm a great source of podcast recommendations, because I'm extremely picky and have extremely specific tastes. For example, I can't listen to any of the most popular NPR podcasts because I find them agonizingly overproduced; you don't need to add "street sounds" in post-production to convince me you are on the street!But if your taste in podcasts happens to align with mine, then you're in luck! Here's what I'm listening to as of January, 2018. In each case I'm using the podcast title as it appears in my iPhone Podcasts app, which should hopefully make them relatively easy to find in your own preferred medium.Podcasts are in no order whatsoever.

Money and finance

That's what you come here for, right?

  • Animal Spirits Podcast. From a couple of the guys at Ritholtz Wealth Management, a fun conversation about investing and investors. This podcast is still very new and is very much on probation, but I've tentatively enjoyed the 11 episodes they've released so far.
  • Behind the Markets Podcast. Hosted by Jeremy Schwartz, who has some role at Penn's Wharton School, it features a brief comment on the markets by Jeremy Siegel each week and then in-depth interviews with folks in the investment industry.
  • Invest Like the Best. Hosted by Patrick O'Shaughnessy, this podcast started out very strong but Patrick has lately gotten obsessed with cryptocurrencies and other stuff of no practical interest to actual investors, so it's back on probation. I'm still listening for now, though.
  • The Meb Faber Show. Meb Faber is a sort of goofball but I find him and his obsession with "momentum" investing and other hocus pocus very charming. Every episode hilariously starts with a disclaimer that Meb won't talk about any of Cambria's ETF's, and then he goes on to talk about Cambria's funds for an hour every week.
  • Slate Money. This is a weird product, since it's three mostly-ignorant people talking about things they have no experience with or knowledge about, but I stubbornly keep listening. I should probably have culled this one a long time ago but Felix Salmon's accent is too charming to give up.
  • Masters in Business. Barry Ritholtz's original podcast, MiB used to be great but I think has grown too big and now he mostly interviews authors promoting their latest books. There's still an occasional gem though, and the back catalogue is brilliant (don't miss his conversation with Jack Bogle).
  • Investing Insights from Morningstar.com. This is a very strange podcast, since I believe it is the audio track from their weekly on-demand television program. It's a mixture of market news and ads for Morningstar products, nothing of great interest but offers occasionally useful suggestions on portfolio construction, etc.

Politics and policy

Politics matters because policy matters.

  • Vox's The Weeds. The Weeds currently has a twice-weekly format, where they do an early-week episode on recent developments in the news and a late-week episode on specific policy issues.
  • The Power Vertical - Radio Free Europe / Radio Liberty. A show focused on developments in Russia, Eastern Europe, and the former Soviet Union. A mixture of news and discussion of long-term developments in the region.

I try to stay abreast of conservative media and would eagerly listen to a conservative policy podcast, but I do not know of any podcasts that make forthright positive cases for conservative policies. "The Editors" podcast from National Review offers occasionally interesting insight into the conservative mind, but they make no attempt to justify or defend an actual conservative governing agenda. I don't mean to come across as uncharitable towards my conservative fellow citizens, but it does not appear to me that they have any interest in convincing people they have ideas which, if implemented, would improve the lives of Americans.It's very strange. Let me and your fellow readers know if you have any suggestions in the comments.

Comedy

  • Chapo Trap House. Chapo is not for everybody. In fact, it's for practically no one. But if you have the same sense of humor as me, it's indispensable. If you're not familiar with the podcast already, I would suggest starting with episodes 74 and 76, "Tabletop Game Theory." Extremely vulgar (more vulgar than you think — you've been warned). Alternating "premium" episodes are only available to paid subscribers.

Culture

  • Conversations with Tyler. Tyler Cowen is an insufferable nitwit, but for my money has the best interview podcast out there and I listen devotedly. It's comedy gold when his guests get increasingly frustrated with his insufferable nitwit questions. Think "Between Two Ferns" but where the host doesn't know it's a comedy program.
  • The Ezra Klein Show. Ezra's a weird guy, but he gets some great guests and does excellent long-form interviews. I don't listen religiously but I keep an eye on the feed to make sure I catch the good ones. The podcast has gotten a LOT darker since election day, 2016.

Travel

  • Dots, Lines & Destinations. DLD has gone through a few format shakeups since I've been listening (or as Seth Miller once replied to me on Twitter, "we have a format?"), but it's a fun jog through the aviation, travel, and loyalty news of the week.
  • Saverocity Observation Deck - Miles, Points, and Travel Podcast. Hosted by Saverocity's own Joe Cheung and Trevor Mountcastle, and with a revolving cast of guests including yours truly, SOD is the only real travel hacking podcast that I know of.

History

Those who forget history are doomed to listen to podcasts about it.

  • Revolutions. From Mike Duncan, the podcaster behind The History of Rome, Revolutions has told the story of the English, American, French, Haitian, and Bolivarian revolutions, and is currently covering the European revolutions of 1848. It's superb.
  • The History of Rome. I've only dabbled in Mike Duncan's first podcast in between episodes of Revolutions, but it's pretty good so far. Early on he has not yet upgraded his recording equipment so the sound quality leaves something to be desired, but I've learned more about the history of Rome in 4 hours of podcasts than I did in 3 years of studying Latin!

Conclusion

These are my podcasts. There are many like them, but these ones are mine.What are yours?

Affordable Luxuries #1: candles, chocolate, car washes

Some people like luxury European automobiles, high-end kitchen ranges, and very old wine. As far as I can tell, these things are all outstanding, but they have one thing in common: they're expensive.When I say "expensive," I don't mean they're not worth every penny — just that they cost a lot of pennies.So as a person who doesn't have a lot of pennies, I thought I'd introduce this occasional series, Affordable Luxuries. These are things that are amazing, quality-of-life enhancing, and cost less than a bottle of 1961 Right Bank Bordeaux.

Candles

Remember candles? You probably saw them last at your 13th birthday party, but they still make them, and they're terrific! Ikea sells 100 GLIMMA tealights for $3.99, so go ahead and buy a hundred or two. You'll also want to pick up some candleholders, but those are pretty cheap too, and last forever.Once you have a bunch of candles you paid next to nothing for, you can light them for any occasion, or no occasion at all. And then you'll be the kind of person who eats dinner, watches TV, or reads the newspaper by candlelight, and you'll feel great about it.

Chocolate

Unlike candles, you probably know about chocolate, and may even eat it fairly regularly. But it turns out really, really good chocolate is widely available in the United States, and is completely affordable. A bar of Green and Black's organic chocolate retails for around $5 (though I've seen it cheaper).On the one hand, that's somewhat more expensive than a bar of Hershey's milk chocolate. On the other hand, it actually tastes like chocolate, and will last you a good long while.I personally prefer the 85% Dark Cacao bar, but don't take my word for it: they're $5, try them all!Eating really good dark chocolate isn't like eating cheap milk chocolate. My recommendation is to break off a small square, stick it in your mouth, and then just wait as it melts and the flavors consume you. Feel free to do this with candles flickering in the background (see above).

Car Washes

I don't know about you, but I didn't go to a car wash between age 17 and age 30. But it turns out they still exist, they're great, and they're completely affordable!For $10-15, you can have the entire exterior and interior of your car cleaned. Dusty dashboards wiped, muddy interiors vacuumed, mirrors polished till they shine. I promise you will not recognize your car after it's been professionally washed.If you're lucky you can still find a carwash that lets you ride through inside your car, which is even more fun and doesn't cost anything extra. Bring a friend if you want to recreate your favorite car wash makeout scene from early-80's TV and cinema.You can also do this with chocolate (see above), although I recommend against bringing lit candles into the car wash.