Saving Money in 2010
Date: Fri, 07/23/2010 - 11:32
Submitted by Jennifer Dickinson
on
Fri, 07/23/2010 - 11:32
Total Replies: 4
I am a school teacher in upstate NY, that is to say, "cow-tipping country", hahaha. My husband is a police officer, that is to say, the "chief" in our little old Mayberry-like town. Combined, we make almost $90000/year. So, why in the good grace of grief can't we seem to "make it" without living paycheck to paycheck? Answer? My spending habits seem to be the culprit. My father would be having a coronary (may he RIP) if he knew I was living "beyond my means". So, in an effort to stop the insanity (thank you, Susan Powter), I am going to start saving money from my paychecks starting in September when I go back to work. Why, September, you may ask? Well, I am currently not working because it's summer. I chose the 21 paycheck option, as opposed to the 26 paycheck option. That was not a smart move on my behalf, as I didn't save anything from paycheck to paycheck throughout the school year. I VOW to make amends for my bad spending habits, poor saving and so on. This September will be my "fresh start". I am going to save money for Christmas shopping, my kids' college, and retirement. I have to stop thinking about now, and start thinking about 20 years from now. I'm 35 years old. It's time for me to financially grow up! What can I do day to day to help? I love my donut and coffee in the morning, so do I have to give that up? ~JEN D.
you won't be able to save without getting rid of your spending h
you won't be able to save without getting rid of your spending habits, because once you save a little nice comfortable fund, you'll want to spend it. First talk it out with your husband, get plan, change your thinking if that's affecting your habits and then start saving. my husband is a big spender and then he commits to saving, when he sees the account start rising, he starts thinking about something he wants risking the saving funds and then its a never ending story. there's nothing wrong with your coffee and your dounts if you do it once in a while not everyday, there is a difference if you buy a box and a bag of coffe to make at home than to stop by the starbucks everyday and spend on a 3.00 coffee. it adds up! figure out what do you spend the most and then you'll know what to cut off. good luck!
When I buy my coffee and donut at the local "Mom and Pop" store,
When I buy my coffee and donut at the local "Mom and Pop" store, it comes to $2.40 each day. If I do that 5 days a week, that's $12.00/week. If I do that EVERY week for a year, we're looking at $624.00/year. That's 1 car payment and the water bill. YIKES. GOOD POINT, PAULIE!!!
I would recommend going to the library (you don't need to buy it
I would recommend going to the library (you don't need to buy it at this point) and pick up the Dave Ramsey books. He is fabulous and if you are not in a declining income situation like I was - they will help you get out of debt and save more money.
Good luck and I'm cheering for you!
yeah I recomend reading, reading, reading, there are many succe
yeah I recomend reading, reading, reading, there are many successfull people that have been in our situations and now they're wealthy or at least living a stress free life. I recently read, " the battlefield of the mind" by Joyce meyer, it really changes the way you think, therefore, you're actions change too. it says something about us wanting to eat a whole box of chocolates, and then we say: Its I have to eat it all I can't control myself. She's like: no you don;t! you can stop that yourself, its just that you don't want to do it. I relate that to my situation when I "had" to borrow money. until I decided to stop and look at reality. now i'm living better as I go by. there;s many articles online too about finances, and Forums too.