You are in the store. You have no idea what you intend to buy. I should back that up a little. You wrote a list. You forgot the list. I do it all the time. I figured out a way to stop leaving the list at home.
The first thing you can do is make a list on your phone. You can install google drive and then open a document and write in there. Then as you get the items on your list you just delete your document.Continue reading
Start the new year with a healthier you. It’s a great time to remind yourselves and your family to make sure that you all get the proper nutrition, daily exercise and that you have the proper vitamins to boost their immune system.Continue reading
We are still talking about managing our debt so why are we talking about meal plans? Let me go back to my story. I had a goal it was to pay for prepaid college for my daughter. I didn’t have the $281.00 a month to do that. I cried.
I cried because it is hard to not be able to do for your children. I cried because I had agreed to be a stay at home mom and I didn’t have the ability to add to the income of our house. I cried because it was the first time I really wanted something and I couldn’t have it for our child.
Then I decided I can do this. I can use the money we had in a way that would allow me to provide for my child’s future. That is what I did. You can still follow my path and write out your budget. I suggest starting with this post >>> How to Save Money Using a CalendarContinue reading
Having a fun get together for Mardi Gras this year? We always like to have a little fun and bring the Mardi Gras spirit to Tennessee each year by throwing a party! But unlike most Mardi Gras festivities we have children involved so I wanted to make a (non alcoholic) Mardi Gras punch recipe! It’s a fun punch that is easy to make and really brings the spirit with traditional Mardi Gras colors!
Are you on pins and needles. I plan to tell you the truth about debt. It isn’t what you save. It is what you spend. You can save all day if you are spending like a faucet controlled by a two year old you will never get out of debt.
These are three ways you can stop spending right now:Continue reading
I hate being cheap. I promise you will not “die”. It may feel like it when your kids ask for something they really want that you could buy and you say no. It may feel like it when you want that juicy steak and instead order a hamburger. It may feel like it when your friends are going on fancy vacations and you are doing a stay vacation using hotel points and you brought your instant pot to be able to cook one meal a day in your room.
I dislike being frugal. It takes a lot of explanation to tell your kids. “no”. It often sucks to not have a new car. We spend a lot on car repairs each year but truthfully we pay a lot less than a new car would cost each year. I just never knew sacrifice could be so difficult. It is hard to tell our kids that isn’t in the budget when frankly, we have the money. It is hard to say we can’t go out to dinner this week because we spent a lot on groceries and that took up the majority of our weekly food budget.
I remember in times of hardship how good it feels to ask for the cash discount and know I actually have the cash to get a discount. I like knowing that if our washer breaks after we evaluate the cost to purchase a new one, verse repair cost, verse time already in use we could buy a new machine without giving up something else. I like being free!
This is how to live debt free you have to be all in. You can’t cheat. Think of this as your diet of a lifetime. If you are a cheater that is fine. I am a cheater. I build my cheating into our budget. I evaluate what we buy daily. Then when I make my yearly budget. I put in what I need to be happy. You will see what I spent last week and see I spent $54 for the gym and money on clothes. I like to shop so I actually have $100 a week in what I call fun money then I have another $100 for kid fun money a week. We didn’t always have $200 a week in unaccounted money but we do now. It works for us. You have to find your “cheat” amount.
This is how to live debt free you determine your cheat amount by figuring out your standard bills. Then you determine the amount you owe. You look at your income and determine the rate at which you will pay down your debt. The cheat amount I used to have was $25 for me and $25 for the kids. We were able to increase my cheat amount as our income rose and the debt we had was paid off. We have now paid off everything so my cheat amount is determined by how much we plan to save each month. We currently try to live on between $30,000 and $40,000 a year. The rest we place into accounts for emergencies, retirement, dental care like braces, a wedding fund, car fund, and a vacation fund. We are also saving for home improvements this year. We do not buy or do anything unless we have the cash to cover the expense.
You can create a simple spreadsheet like I have using Google Docs. I just put in what I spend daily and then what type of expense it is. Then I look at it based on my monthly goals to determine what I have left to spend. I do this each Sunday night on Wednesday I pay off my credit card. That is right I do it each week! That allows we to build up cash back rewards but not go over my budget.
You can read some tips I have for living on $30,000
You can set up your budget here >>> How to live without debt
What is your cheat amount?