Sunday, August 13, 2006

Saving Money with DIY Baby Wipes

I'm on my third child and I still can't believe how much money we spend on diapers, wipes and baby food. I watch our budget pretty closely, so it's easy to tell when you start shelling out an extra $100 per month on those items.

My wife had a friend at church tell her about a way to save money on baby wipes that I thought I'd pass on. A Google Search for homemade baby wipes brings up 175,000 hits so it's no secret, but in case you missed it, here's a link to one of the better explanations (although we do it without the power tools).

There is a small initial investment, but you recoup it by the second batch because the homemade wipes cost less than half as much. We even like the homemade wipes better than the ones you buy in the store. They work better, feel better and smell better. Not to mention our 4 month old has had no diaper rash since we started using them. We only wish we would have discovered them with our 1st, 4 yrs ago.

Anyway, here's the recipe:

One roll of paper towel cut in half (preferably a mega roll of Bounty)
2 cups of water (we don't boil first as some suggest and it works just fine)
2 TBSP Johnsons baby wash
1 TBSP baby oil

Lay paper towel roll on its side and cut in half with a serrated bread knife. Place 1/2 roll cut side down into a tupperware. Mix the baby wash and oil in water and pour over roll. After the roll absorbs the water, pull out cardboard center (it slips out pretty easy). Pull out your wipes from the center as needed.

Thursday, August 10, 2006

Investing in clean energy

There was a very interesting article in the lastest issue of Business Week on the latest investment gold rush: clean energy. Entitled, Wall Street's New Love Affair, the article lists dozens of investors looking for opportunities and companies looking for dollars. Here's a few:

Investors:

Companies:

Analysts and Researchers: