<< Back to all Blogs
Login or Create your own free blog
Home > Archive: January, 2008

Archive for January, 2008

Walgreens Coupon

January 30th, 2008 at 05:21 pm

I just got a $5 off a $20 purchase coupon in my inbox for Walgreens good only on Jan. 31. Sounds like a good time to get free after rebate items! YEAH! I LOVE saving money!

Still no decision on the rolex. I can't even begin to describe how embarrassed I am that I'm writing that someone in my family is even considering purchasing this. We are not rolex people! Our combined income is slightly less than $100,00 a year...we have debt...and virtually no EF. Don't even ask about retirement!

Insurance Check

January 29th, 2008 at 09:55 am

DH received an insurance check in the mail for a significant amount of money. About a year ago he was injured at work and spent months in pain. We tried physical therapy to no avail...it acutally made the pain consistently worse.

We're a little worried that this money might be the company's attempt to buy us off and wash their hands of the injury. We're in the process of finding out more information, but at the same time planning what we might do with the money.

DH, the big spender, has always wanted a rolex. I would like to pay off the debt. I feel a tightening in my chest when I think about him getting a rolex...I can't think of anything more ridiculous. To me it is frivolous and ostentatious, but for some reason it has always been a goal of his to get one. Some times it is all I can do be supportive (I don't want anyone shooting down my dream!). At the same time, I thought we were on the same page for our financial goals. Kinda frustrating.

Romance in the air...midmonth financial chat approaching

January 14th, 2008 at 07:45 pm

I've been working on reducing the mountain of toys that surrounds me everyday be selling on Craigslist. I've considered using ebay for some of the stuff, but I can't see a point in paying those fees and all the hassle of shipping when you can list for free and the buyer comes to you!

I've sold a few things already. The kids were so upset to see these things go...they never cared about these things until they saw someone else taking it away.

I'll be using the proceeds to finish framing the art I bought to decorate this house. We've been here about 6 months and have not done much to it at all.

In other news, DH and I will be having our first financial midmonth chat tomorrow evening. Don't you just love romance after 7 years of marriage? I'm excited, but worried that the things I have to suggest won't be well received. Among the bad news, we're not saving as much at the end of each month as we used to and I'm proposing we cut our monthly personal budgets in half (cut $100 to $50 each). In addition, we should disconnect the extra phone we have. I'm always proposing he get a new job with more a more predictable schedule so that we can reduce or even eliminate the amount we spend on our nanny ($1,180/ month), but I can't push too much. Changing jobs is easier said than done.

There are a few other categories we could cut also.

Wish us luck!...and good fortune!

Do you subscribe?

January 13th, 2008 at 07:43 am

Does anyone subscribe to Cheapskate Monthly or The Home Economizer? What do you think?

Best Way to...

January 11th, 2008 at 05:31 pm

gain weight just might be to bulk cook.

With all that access to ready-to-cook cookie dough...well, who could resist?

A Frugal Sight

January 10th, 2008 at 07:46 pm

I was doing dishes this evening when I looked over and saw my cookbooks. This reflects pretty well how frugal I am. The black binder is my compilation of recipes, the Betty Crocker cookbook along with Jessica Seinfeld's and my favorite Tighwad Gazette were all gifts. MIL gave me her old Better Homes and Garden (I love it's age!). I bought Make-a-Mix...I love them all!

Ironically, you'll notice in the picture my paper towel holder with the towels cut in half and the storage bags that I'll be washing and reusing.

Two years ago, I would have fell out of my chair laughing at someone who took the time to make a post like this. I couldn't be more proud today.

Summary and Dreams

January 3rd, 2008 at 11:03 am

2007 Year End Summary: (Doesn't include July data since I was off that month and didn't feel like keeping track of a darn thing)

Groceries: 3875.77
Household: 2597.09
Car Gas: 1925.99
DH Personal Budget: 1236.68
My Personal Budget: 1110.33
Recreation: 880.10
Medicine/Copays: 1054.16
Mortgage/Rent (bought house in July): 14329.40
Nanny: 11800.00
Electric: 1527.18
Water: 904.20
Gas: 157.74 (old house didn't have gas)
Student Loan: 3629.16
Auto Insurance: 1031.22
Phone: 1117.55

Do these totals strike anyone as odd? I'm concerned most about the household budget, phone, and gasoline.

Well, with a new year comes new goals. We decided to add savings accounts for certain areas that aren't budgeted for and have automatic deductions monthly. (life insurance, vacation, clothing, home improvement, and a new car)

I'm determined to take a real vacation this year. I've got a place picked out in Oklahoma, but DH thinks it's too far of a drive. We'll see.

After CC3 is paid by June, we'll begin looking at more goals. How to pay off those monstrous student loans, how much to allocate to our severly underfunded retirement, saving more vigorously for a new car?

Which brings me to my next more important point. I don't want to work anymore. More specifically, I don't want to work outside my home anymore. I want to be home with my sons and possibly try to have another. DH thinks it's a pipe dream as we can't live off his income. Even if we could cut our expenses so severely that we could manage on his income, we'd have to sell our house that we just bought in July '06, and we wouldn't be able to adequately fund our retirement, save up for a new car, pay off $49,000 in student loans, etc...The only way I got to stay home when the kiddos were babies was because I was in graduate school living off of student loans...hence the current massive student loan debt.

I've racked my brain for ideas. What I would really like to do is live on a remote piece of land and stay home with my kids. I could see myself running a resale shop part time.

Ah, dreams...will I be making this same complaint next January?