The past few weeks have been an eye-opening experience for our family and it all involves money.
Yup, our finances.
In order to save money and not continue going paycheck to paycheck, we have made some positive changes that have really started to help. Here is what we have done so far.
*Posted things on Craigslist to begin selling items that we no longer use and that are just taking up space.
*I have found clothes that are simply hanging in my closet that I no longer wear or fit in. I am doing my best to find "cash on the spot" stores who will want to buy my clothes/accessories.
*We are downgrading our phones. No more smart phones for us. Thank goodness we saved our phones from previous years! We will save about $40-$50 a month.
*Turned in college loan forgiveness forms. Because both Patrick and I have worked at qualifying schoolsfor five or more years to possibly be given loan forgiveness - we have the possibility to take $10,000 off of our school loans.
*Switching cable companies to receive a better rate. We are changing to Verizon Fios and it will save us about $30 a month.
*We payed off Patrick's Ipad which saves us $30 a month.
*Trying to gain students to teach privately after school to gain an extra income that would only become savings.
*Patrick is picking up applications in various stores to see if he can find a part time gig somewhere to have extra income.
*Seriously budgeting each month and only allotting enough money during the month for categories such as Preston, the dog, food, etc...and sticking to it.
It may seem like we are sacrificing things, but that's what we need to do. With Obama care taking even more money out of our paycheck next month and not having a pay step increase after teaching for 9 years, it's starting to get harder and harder to simply function each month. It pains me each month when we haven't saved a thing, so it was time for some drastic changes.
I feel good about the changes and am hoping it's going to create a somewhat better cushion for us.
It's tough these days...