Can a Federal Employee save money by switching his family of four to a High Deductible Health Plan (HDHP) / Health Savings Account (HSA)? Here’s a follow-up.

So far we’ve survived flu season and our first round of Brand-Name prescriptions for 2 members of the family.  Getting one of the Brand Name prescriptions approved was a major goat rodeo, while the other Brand-Name prescription was easy to obtain but came with some serious sticker shock (more on this particular issue in a future post).

While one of the drugs was $593 for a 90-day supply(!), amazingly we’re still not far behind where we would be if we had stuck with BCBS Basic (FEHB code 112). We’ve spent $1438 YTD on Aetna HDHP/HSA versus $1263 YTD last year with BCBS: Continue reading



(Update 3/12/13: There are now TEN ways you can fight back.  Check the value of your FERS Life Insurance (gratis) benefit). 

It’s time for GubMints to stop chirping about furlough news and help you get in fiscal shape.  Here’s 9 ways to help you look like you were chiseled out of a piece of wood!

  1.  Ditch your landline at home.  If you still ‘need’ to have a landline (i.e. you have a commuity gate, monitored alarm, etc), get an OOMA box for your landline.  All that is necessary is a high-speed internet connection (>384Kbps upload speed).  With OOMA, you get unlimited calling, caller ID, call waiting, and voicemail for almost free (You pay only your state’s 911 Tax/Fee each month).  GubMints has been using OOMA service for over 1 year now.   Savings of $10 – $30/month.

Continue reading

How to Retire the Cheapskate Way: The Ultimate Cheapskates’ Guide to Retirement.


Jeff Yeager has an interesting approach to preparing for retirement- he, like few brave others, purports that reducing spending is more powerful than the generic brokerage house and financial planner/pundit advice to save a $1-$2M retirement nest egg.

Jeff should know, he managed to retire at age 47 from his moderate-salary job running the books for a non-profit in DC.  He is ‘selfishly employed’ (more on this) as an author/authority on frugality and maintains a personal network of hundreds of ‘miser advisers’.

Continue Reading…

Time to give some kudos to GovX.com. I ordered a pair of Olukai Shoes on a Wednesday, and they arrived on Friday!

Based on the packing slip, it looks like they are acting as a broker and using a drop-ship business model.

I would compare shopping with them just as I would a major online retailer such as Amazon- I will not hesitate to use them again.

Heck, I might even consider using their website to ‘showroom’ on my smartphone next time I am at my favorite sporting goods retailer!

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