Monday, May 24, 2010

Good hair

I get my hair cut and colored every 4 months because (a) I'm still growing my hair out from the last big chop, and (b) Such visits aren't cheap, but I am (about some stuff, anyway). This weekend, at my thrice-annual salon visit, my hairdresser tempted me with a new texturizing treatment called Keratin. She said it eliminates frizz and will leave my hair straight and easily manageable.

Another stylist at the salon had just had it done. She said she went from spending 120 minutes (!) blowdrying her hair to only (!) 45 minutes, and her hair was now straight. She was clearly blissfully happy with her new frizz-free hair.

"Just think of all the time you'll save!" she said. I kept to myself that my blowdrying sessions rarely reach 10 minutes, but I was tempted by the treatment anyway. The older I get, the wavier my hair gets, and sometimes I wish for the bone-straight hair that is all the rage these days.

"Does it hurt?" I asked of the treatment.

"No, not at all," my stylist said.

"How long does it last?" was my next question.

"On your hair, probably 6 months," she answered.

And then, the all-important question: "How much does it cost?"

She paused (for dramatic effect?). "$470."

You might think that the price tag was a dealbreaker. Instead, my first thought was, "How can I convince B that a $470 hair treatment is a worthwhile way to spend our money?"

"How can I convince my husband that I need this?" I said aloud.

She said that she had it done, and her husband was thrilled with the results--not so much with the appearance of her hair, but because he no longer had to help her blowdry her hair, and they could leave the house in a reasonable amount of time.

Because I am able to get ready in a reasonable amount of time as it is, I didn't think this argument would hold water with B. However, surely he would understand that the opportunity to get the hair I've always dreamed of was worth $470, maybe even more. (Ok, it would definitely have to be more, especially when you considered the tip that would be required for such a treatment.)

I told my stylist I'd seriously consider the treatment, all the while calculating how long it might take for me to save up my monthly allowance for such an extravagance, and whether I would be able to stop spending for long enough to do so. Plus I decided that perhaps I ought to research this magical Keratin treatment to determine whether it was actually safe.

The research idea turned out to be a good one. My initial review revealed only happy customers who loved what the treatment had done to their hair. But, as with any beauty treatment, Keratin had its naysayers. I paid particular attention to them and dug deeper.

The main problem with Keratin is its active ingredient, which you might remember from biology class--it's formaldehyde. What you might not remember from biology (or perhaps chemistry) class is that formaldehyde is a carcinogen, and that you're supposed to wear a gas mask if you're anywhere near it. Since my stylist didn't mention a gas mask accessory to the treatment, I determined that safety protocols with this treatment were perhaps not the best.

Some companies advertise formaldehyde-free Keratin treatments, but it seems that most, if not all, contains other variations from the aldehyde family, which is essentially the same ingredient with a different name. It's no less dangerous, and perhaps even more so because people think they're opting for the safer product when they are not.

The question of how to pay for this treatment no longer needs an answer, as I have decided that I'd rather have wavy hair than cancer. But now I am even more concerned because I will have no way of knowing in advance whether my salon is performing the treatment on someone while I am there, and just being in proximity of it is dangerous. Luckily, I am no wallflower and will speak up should I see it being performed.

Speaking of spending enormous sums of money on hair--if you haven't seen Good Hair, the Chris Rock documentary, I highly recommend it. It opened my eyes to a hair world that I didn't even know existed and raised great questions that people ought to think about. The documentary, along with the formaldehyde revelation, are convincing me that being happy with what the hair that you have leads to a simpler and easier life.

Sunday, May 23, 2010

Coming up for air

This month, we have two house-related events to celebrate: first, the fourth anniversary of our closing, and second, the paying off of our second mortgage.

We took out a second mortgage rather than pay PMI, or rather, B did all of these things, since we weren't married when he bought the condo. The second mortgage was necessary because we didn't have a 20 percent down payment. It wasn't due to general slackitude - real estate prices around here are high, and they were even higher 4 years ago.

You would think that we would now have equity in our home--but if you thought that, you would be wrong. You see, real estate prices have also dropped about 20 percent. So we've worked very hard these last few years to...not be underwater anymore with our house. 'Tis a bittersweet accomplishment.

I thought that an appropriate reward would be a little refinancing action so we could lower our rate and make our payments toward our primary mortgage count even more. However, a call to a local mortgage broker turned up only bad news. First, our mortgage is not through Fannie Mae or Freddie Mac, so we don't qualify for the government programs that require only 5 or 10 percent equity to refinance. Instead, we'd have to wait to refinance until we had 20 percent equity, or refinance now and pay PMI.

Yes, PMI, even though we've already paid down 20 percent. If we refinanced, we'd essentially be starting from scratch, as if we were taking out a loan for 100 percent of the value of our condo. All of our efforts for the past 4 years would not count. And we'd be stuck with PMI for 5 years or until we paid down 20 percent of the new loan.

Now is a good time to remind myself, as I have been reminding myself since real estate prices dropped, that life can still be great even when parts of it aren't fair, and that expectations of fairness in life will lead only to disappointment. And technically, we won't realize a loss on our condo until we sell it, and we don't plan to sell for several more years at least. By then we'll have more equity.

On the bright side, my Dunkin Donuts index tells me that the economy is coming back. People are back to paying for their daily morning coffee. Parking lots of local area shopping complexes are full again. The bargain basement hotel deals of last year are difficult to find this year.

That last one isn't really part of the bright side, but I appreciate that it is a sign of a recovering economy.