.
umm, there's a bit of a backlog in the process. I WILL be posting pictures for each day, I just might post a week's worth all at once mmkay? I have hundreds of photos tp go through and edit and post. It will get done, but not right now.
2.08.2010
the budget of doom
Well, the budget is done. A preliminary version.
It's not quite as bad as I had feared. On a bad month our mortgage payment is 46% of my husband's take home pay. That's a big percentage, and it doesn't leave quite enough for everything else. The good news is, IF we can get the credit cards paid off we should be fine barring any major emergencies. My income should be enough to cover the difference with a little bit left over. The bad news is that major emergencies are pretty much the norm around here. Do you know how much an ambulance ride costs? Do you know how little insurance pays . . . sigh. Also, my income is not predictable and not guaranteed. Some months sales are great, some months not so much. Sometimes a great fabric comes along at a great price and I buy a hundred yards of it . . . leaving the business account empty and me unpaid. Anyway, point being we should be able to manage. And of course there are months when my husband gets lots of overtime and actually makes some money, although that has been pretty rare in the past couple years. I blame George W. Bush, but that is another story entirely.
You know what annoys me? All that great advice about skipping your daily latte and saving a ton of cash. I certainly have not been buying a $6 latte every day. Or, oh I don't know, ever? Well, okay I DO splurge on a caramel iced latte from Dunkin' Donuts about 3 times a year. If I were to skip that I could save about 90 cents a month.
I digress, though. The first area of the budget I am focusing on is the credit cards. We should be able to get them mostly paid off with our tax return. Then I'll pay as much as I can on what's left to get that paid off as soon as possible.
Step two will be to start saving. I'm not sure if we'll ever get to the point where we have 6 months of living expenses in savings. Quite frankly it seems unlikely. We'll start by aiming for one month.
Right now our grocery budget is about $300. I usually spend about $100 every 2 weeks on groceries and another $100 or more, sometimes much more, picking up bread, milk, etc. between shopping trips. I would like to cut the grocery budget back to about $200. I think this is do-able if I clip coupons and only buy things if they are on sale AND I have a coupon. It's pretty time consuming to shop this way, but I have been doing it for the last few months and it is a nice feeling to have the freezer and pantry full. Summer is coming and this year I hope to get lots of fresh veggies from the garden for nearly free. Last summer's weather was not great for the garden - a month of rain followed by two months of no rain at all. My tomatoes were the only thing that were thriving. Until they developed the tomato blight that was all over the news and I had to rip them out of the ground and throw them out. Heartbreaking. Another good reason to start my own seedlings.
So that's the plan. Wish me luck!
It's not quite as bad as I had feared. On a bad month our mortgage payment is 46% of my husband's take home pay. That's a big percentage, and it doesn't leave quite enough for everything else. The good news is, IF we can get the credit cards paid off we should be fine barring any major emergencies. My income should be enough to cover the difference with a little bit left over. The bad news is that major emergencies are pretty much the norm around here. Do you know how much an ambulance ride costs? Do you know how little insurance pays . . . sigh. Also, my income is not predictable and not guaranteed. Some months sales are great, some months not so much. Sometimes a great fabric comes along at a great price and I buy a hundred yards of it . . . leaving the business account empty and me unpaid. Anyway, point being we should be able to manage. And of course there are months when my husband gets lots of overtime and actually makes some money, although that has been pretty rare in the past couple years. I blame George W. Bush, but that is another story entirely.
You know what annoys me? All that great advice about skipping your daily latte and saving a ton of cash. I certainly have not been buying a $6 latte every day. Or, oh I don't know, ever? Well, okay I DO splurge on a caramel iced latte from Dunkin' Donuts about 3 times a year. If I were to skip that I could save about 90 cents a month.
I digress, though. The first area of the budget I am focusing on is the credit cards. We should be able to get them mostly paid off with our tax return. Then I'll pay as much as I can on what's left to get that paid off as soon as possible.
Step two will be to start saving. I'm not sure if we'll ever get to the point where we have 6 months of living expenses in savings. Quite frankly it seems unlikely. We'll start by aiming for one month.
Right now our grocery budget is about $300. I usually spend about $100 every 2 weeks on groceries and another $100 or more, sometimes much more, picking up bread, milk, etc. between shopping trips. I would like to cut the grocery budget back to about $200. I think this is do-able if I clip coupons and only buy things if they are on sale AND I have a coupon. It's pretty time consuming to shop this way, but I have been doing it for the last few months and it is a nice feeling to have the freezer and pantry full. Summer is coming and this year I hope to get lots of fresh veggies from the garden for nearly free. Last summer's weather was not great for the garden - a month of rain followed by two months of no rain at all. My tomatoes were the only thing that were thriving. Until they developed the tomato blight that was all over the news and I had to rip them out of the ground and throw them out. Heartbreaking. Another good reason to start my own seedlings.
So that's the plan. Wish me luck!
2.05.2010
Making a budget makes me want to puke
I'm going to make a budget. Today. No, not today. Soon. This weekend for sure. There, I said it. I've committed to it.
I'm scared.
I don't really want to confront the reality of the amount coming in vs. the amount going out. It's not one of those crazy horror stories that would land us on Oprah, but it's not good. Clearly, though, denial is not the best course of action. I think it will be good to see it all laid out . . . I'm just not sure how we will deal with it once it is. And by "we" I mean mostly just me. My husband rejects all responsibility for the family finances.
There are not a lot of things left to cut from the budget, unless we want to live without heat or water or food, so we might have to get creative. We might have to eat a lot of oatmeal. I might have to find a way to go without sleep so I can get more work done. We shall see.
I'll post an update in a few days, if I live through this.
I'm scared.
I don't really want to confront the reality of the amount coming in vs. the amount going out. It's not one of those crazy horror stories that would land us on Oprah, but it's not good. Clearly, though, denial is not the best course of action. I think it will be good to see it all laid out . . . I'm just not sure how we will deal with it once it is. And by "we" I mean mostly just me. My husband rejects all responsibility for the family finances.
There are not a lot of things left to cut from the budget, unless we want to live without heat or water or food, so we might have to get creative. We might have to eat a lot of oatmeal. I might have to find a way to go without sleep so I can get more work done. We shall see.
I'll post an update in a few days, if I live through this.
project 365 days 9 and 10
So, yes. It appears that I have missed a few days of posts. That's how I roll.
In the interest of having this project take only one year instead of 3 or 4 I'm going to post a few day's worth right now. So enjoy. I cannot wait until this cold, dark winter is over and we can spend more time outside where the light is so much nicer for pictures.
In the interest of having this project take only one year instead of 3 or 4 I'm going to post a few day's worth right now. So enjoy. I cannot wait until this cold, dark winter is over and we can spend more time outside where the light is so much nicer for pictures.
concentration
c.o.l.d.
You might notice that these are not great pictures. It's true, I know. They sure are cute kids though, arent't they?
I am trying to accept the fact that I am not perfect (ha! soooo not perfect!) and just post the day's best photo. Some days the best photo is crap. So . . . yeah. Here are a few crap photos. Hopefully by the end of this they will be much better.
2.02.2010
Groundhog Day - it's the new New Year's
I might be a bit behind schedule here, but I'm just getting around to making some goals and plans for the not-so-new-anymore New Year. In no particular order a few goals for 2010:
- Enter 3 photos in the i heart faces weekly challenges
- Get all my paperwork/mail/paper clutter organized and filed
- Increase sales for the business by 30% from 2009
- Work out on a regular basis (even if a regular basis is only twice a week - better than twice a year)
- Get rid of my double chin so I don't have to contort myself into crazy chin-flattering poses in photos
I guess that's enough for one year, I tend to get overwhelmed easily. So what are your goals for this year?
2.01.2010
project 365 day 6 - Loneliness
Lonliness
I'm not really happy with this photo - I wish there was more contrast, but it was a white chair on the snow covered lawn so . . . thank goodness for the rust I guess? Still, there is something about it. I'm also trying not to post cute pictures of my kids every day. Because, you know, people get sick of that kind of thing.
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