Archive for March, 2009

Ever wonder what the decision-making process involves when the NCAA comes around to divvying up teams to fill the brackets each year? It’s taken very seriously, and the committee who heads up the selection process is actually confined to a hotel for the entire process – not unlike a jury for a high-profile sensitive court case. The committee pours over a number of factors (below) as they huddle together in secrecy to come up with the 64 teams that will end up comprising the current year’s brackets. For starters, each committee member submits a handful of obvious stand outs that should absolutely be “seeded.” However, each member’s list cannot include their host school, or the school they represent during the rest of the season. If it turns out that all eight members put a team on their list, that team is included automatically into the tournament.

The other criterion that the eight-member selection committee uses includes:
• How the team ranked nationally in the polls
• Team’s overall conference record
• Team’s overall record on the road
• How many wins they had against ranked opponents
• How they strong (or weak) they finished during the regular season
• And of course an algorithm known as the “Rating Percentage Index (RPI)”

Unfortunately if your team is excluded from this year’s tournament, no amount of appealing or protest will help – as there is no official appeals process. Simply put, the committee’s decision on who gets in and who loses out is final. As a consolation prize, some of those teams who didn’t quite make it into the Big Show are invited instead to play in the National Invitational Tournament (NIT), which invites 32 other teams for a chance at postseason play.

Why spend money when you can get stuff for free? Invite some friends over and swap things you no longer need.

Here’s the idea:

1) Everyone brings one full bag of stuff they no longer want. Decide on the size of bag –  a regular, brown grocery bag is probably the easiest.

2) Everything must be in excellent condition – completely usable. Clothes are best (who doesn’t want some “new” clothes?), but jewelry, books, games, household and kitchen items are OK too.

3) Depending on who’s invited you might want to choose a “main theme” such as “women’s clothing” or “kid’s clothing”.

4) Keep it simple for the host or hostess – everyone brings a dish to pass.

5) BYOB

6) Provide private space for people to try on “new” clothes.

7) Unless you set guidelines, recognize that some people will walk away with more items than others.

Have fun!

By the end of the party you should all have exchanged a bunch of stuff you weren’t using with “new to you” stuff you’ll eagerly use. And you spent the evening with friends. It’s a win-win-win idea.

There’s no need to pay full retail price for the things you need (or even want). Look on eBay and see if it’s currently listed. If it is not, or if current bidding is more than you want to spend, let eBay notify you when it’s available again.

To do this, you’ll want to create a “saved search”:

1. Search for what you’re looking for
- Locate the search box at the top of any eBay page. Enter two or three words that describe what you’re looking for and click the Search button.
- To quickly narrow your search results, use the Refine search section on the left side of your search results. Your saved search includes both your search words and any search options you select.

2. Click the “Save this search” link at the top of your search results. From here you can:
- Name the search (for example: “Decorations for 4th of July party”)
- Request email notification of new items that match this search. eBay will send you one email a day, containing up to 20 matching items.

3. Click “Save”
That’s it! Let eBay do the looking for you, and hopefully you’ll get want you want without having to pay “regular” prices for it.

Can’t afford to give a lot of money to charity? Looking for other ways to give generously? Here are two ideas for you - one which takes an hour or two, another which is a much bigger commitment…

Give blood
It won’t cost you a thing, and you’ll probably even get some free orange juice and cookies. Giving the gift of yourself can be the sweetest gift of all.

Raise a guide dog or service dog
You love dogs and helping people? Change someone’s life by raising a puppy to be used as a guide or service dog.

With so many veterans returning from Iraq and Afghanistan, the need for these dogs is very high. You’ll need to follow specific guidelines on raising the puppy, and someone will need to be with the puppy most of the time. Couples with split-schedules, Retirees, or families with one stay-at-home parent are ideal.

Do an internet search on “guide dog schools” to see if there’s an organization near you which raises and trains these exceptional animals. Fair warning: 60% of families which raise one puppy sign up to raise additional puppies. It’s a wonderful community of families and individuals which choose to provide this community service.

Photo credit: 1

While much of our country faces tough economic times, some segments of society are in a position to actually profit from the current situation. Those who can benefit in today’s economic environment include…

Those entering the housing market
If you’ve been waiting to buy your first home, or if you sold a house a while ago and have been waiting on the sidelines, you’ll be able to profit from the drop in home prices. You’ll now be able to get more for more money. You’ll be able to devote a smaller percentage of your take-home pay to your mortgage, freeing up money to meet your other financial goals.

Those years away from retirement
Whether or not you currently have cash in your retirement accounts, you’ll be able to fund your accounts for 2009 with cash. Use this cash to take advantage of the lower prices of mutual funds and/or stocks to buy investments you’d like to hold for the long term.

Those on a budget anyway
Students and others living on a fixed income are now not the only ones watching their pennies. Instead of feeling deprived, and seeing others spend money freely, many more people are also trying to live on a strict budget. It’s easier to live within or below your means if those around you are also.

So when you hear the media drone on about how horrible things are, remind yourself that things aren’t terrible for everyone.