Wine Enlightenment is a THING!!
Hume! Smith! Carlyle! Siegel? Blair! The greatest minds of the Scottish Enlightenment all loved Spatburgunder!
Mr Story is a notable thinker in his own write. He has been giving thought to a delicate topic; guidelines for regulating wine purchases. I am confident tBoW speaks for many when he says buying wine is an impulsive act. Count sellers among that group. The general impression is that people who buy wine as a “hobby” are compulsive idiots who disdain the self control they otherwise widely practice in their lives. I am speaking of clinicians, dentists, $$ investors, high school teachers, attorneys, movie folks and professors. BY contrast, actors, dentists and politicians are undisciplined folks driven by base amoral impulses.
It seems timely that tBoW publishes the following testamento. Reflecetions follow.
[STORY BEGINS HERE] Greetings, blog recipients! It has been awhile since I – Mr. Story – have gathered my thoughts and carefully crafted them into a fine delicious blend for you, my dearest readers, for light sipping and enlightenment. Following the Storied Tasting of 2019 there was much to reflect on. I am ready to be back on the blog to share my wisdom with you! Now, I come to the next crossroads. What do I discuss on the blog? Yes, rumor has it that the Best of Wines is a wine blog, but methinks there is more to life than wine. So how about we discuss money. Wait, how about we discuss wine AND money! Brilliant. [ed. now tBoW is paying attention].
Did you know that millions of Americans are drinking their way into debt? Yes, I said it! It’s quite a terrible thing. As Dave Ramsey says “adults delay pleasure. Children do what feels good.” I guess there are a bunch of “children” over 21 running around and drinking their brains out instead of putting their money into mutual funds or saving to buy a house. They go to the bottle because it “feels good” in the moment.
I am not saying get rid of wine altogether, no, no! What I am recommending is putting together a monthly wine budget to ensure that your wine spending doesn’t get out of control. Yes, create two of them. One monthly wine budget for bottles of wine at home and the other for purchasing glasses of wine outside of the home… at a restaurant, for example. For the more adventurous, you may want to create a third annual budget for wine tastings and outings. The important thing here is to have a budget and to follow it. Every time you buy wine, keep the receipt and put them all into a wine glass [ed. tBoW suggests using the glasses “given away” at tasting rooms.]. Keep a piece of paper near the wine glass or track the expense category of WINE in your favorite budgeting app. I use Dave Ramsey’s Every Dollar App and it works great. While we are talking about Dave, no, you shouldn’t be buying wine with a credit card or going into debt for it. It’s not worth it.
Here’s the thing. You probably have no idea how much you are spending on wine. Let me introduce you to some numbers and math to do the explaining here.
[ed. tBoW reviews value wine in midst of Story’s thoughts] 2016 Chateau Bonneau Haut Medoc $25 altho we probably got it for less. Review is sourced from Vivino Dark garnet. Smoky vanilla and cedar, touch medicinal. Cherry, woody red currants and a hint of ash. Decent length with a slight tickle of woody tannins. Perfectly mature now, but decant to avoid sediment. 🌟86 pts – good QPR. tBoW recalls he liked this wine mucho esp for a Cab blend. Best thing about the Vivion review is the “good Quality-Price Ratio – QPR.” 86 points means N-O-T-H-I-N-G. Back to the Story story.]
For the at-home-drinker: Online wine retailer Vivino reports that the average bottle of red wine costs $15.66. If you drink 1 bottle a week, you are spending roughly $814.32 per year. 2 bottles a week brings you to $1,628.64 per year. See why we recommend wines $25 and under on this blog now, right? Imagine if you were buying $50 bottles to try to impress your friends and doing so twice a week? That would be costing you $5,200 per year! Yikes!
According to the Wine Market Council, millennials and boomers are most at risk for drinking up their paychecks. They found that 42% of all wine in the United States is sold to millennials. Boomers however, account for a slightly smaller portion of the U.S. population but are more heavy wine drinkers than millennials.
[ed. tBoW reviews value wine in the middle of Story’s thoughts: 2009 Ghemme Terre Moreniche Ill Chiosso 13% unclear on price altho guessing $25. Lyle Fass offer and buy. Only ONE review of this wine on Vivino. What makes AltoP wines so terrific is they are blended! Unlike most Baroli. Did not locate many Altopiemonte wines on Vivino. Guessing because the region is too far off the beaten path. The wine was spectacular. We would buy again in a heartbeat faster than Mahomes can deliver a heater 20 years downfield throwing across his body. We MUST have an Altopiemonte & Spatburgunder tasting in the Spring! Mr Story will be there I am sure.]
Interesting stuff. Read this blog and get the good deals. Make your wine budgets, two or three depending on your relationship with wine. [END OF STORY!]
Thank you Mr. Story. My reflections follow from a Boomer palate…okay? (1) I cannot believe I am pimping for Dave Ramsey and getting zilch in return. (2) My dental surgeon reviews wines for Vivino which is a populist website that rates wines on a five point scale that is actually 40 points using a single decimal point between 1 and 4.9. I give them credit for rejecting the ABSURD and USELESS marketing tool…100 point scale. (3) I respect Mr Story’s POV. (4) Not a chance I will budget anything including golf clubs. Keep in mind tBoW is an old boomer fart. Wait until Dotore weighs in. Or IGTY aka IWTYT. I leave it to Story contempos Glass Jar, KrisB and Ikorb to share their views which is unlikely given their compulsive Millenial work ethic.
I have an idea. Let’s drink some value wines with a decent price-quality ratio…and post up here!