Wednesday, June 2, 2010
A whole new level of frugalness
A whole new level of frugalness needs to be achieved in the coming months. Things are tight now and come September they're gonna get much worse. You see, because of the foolishness of those evil demon plastic cards, we took out a home equity loan to pay off the first round of debt. We've been paying interst on the thing for 5 years and now the draw period is coming to an end and repayment starts. Not only that, we now have a brace payment every month. So, I have the daunting task of cutting back at least another $250 per month. Now, I've got some perfect ideas, but I have a husband who has some say in those decisions, unfortunately. If I had my way, we'd switch from our $80 per month satellite tv to $35 cable. He won't budge. I'd also take his Jeep off the road and have 1 car.
Instead, I've got to come up with other ways to cut back. Things I have total control over like hanging the laundry instead of using the dryer all the time and calling around to get better insurance rates, paying the bills on time so there are no nasty late fees. I've also started making my own laundry detergent and when all of my dishwasher tablets are gone, I'm planning on making that as well. My mission is to cut my grocery bill by a third. I save so much money already on groceries that I'm not sure how I'll accomplish that one, but I'm certainly gonna try! Luke is turning 2 in July and is showing an interest in the potty so another goal is to potty train him this summer so I can cut out diapers except for night-time. I'm having the kids do more eco-friendly crafts like making magazine bowls. I've gotten re-usable snack bags and sandwich wraps instead of using plastic baggies. All may seem like little things, but they all add up!
So, what money saving tips do you have for me?