We may not be able to save every child, but we can respond one at a time. Do not be discouraged by numbers, but instead be encouraged that when we feed, visit, love and clothe an orphan- we did it for Christ. I tell you the truth- whatever you did for one of the least of these brothers of mine, you did for me. Matthew 25:40

Saturday, June 6, 2009

Budgeting

I had a few people ask me..."what exactly are you doing to cut your expenses?" We are trying to live within our means, with the cost of adoption, raising another child, loans getting harder and harder to get, credit cards companies stopping funding, lowering credit limits, spiking interest rate and no job security we are changing the way we spend. Every penny counts so if your curious or maybe wondering how you could cut a few things I hope you find this helpful. My friend thought it would be nice to share, she said some people aren't good about things like this so here it goes. Please keep in mind that this is what worked for our family, I'm in no way telling others what they should or shouldn't do. We had a goal of cutting close to $250.00 from our monthly budget and I think we did it!!

CELL PHONES: We lowered our minutes. We have free incoming and free mobile to mobile but we have to watch when we're dialing and if it's necessary. This is a big change for us:) We also took of texting (all 4 phones)

HOME PHONE: We had a 2nd line for fax and we disconnected that. I now have to unplug my regular line and plug that one into the fax when I want to use it, we also canceled caller ID. Its less convenient without those 2 features but was costing us around 12.00/month just for convenience.

STORAGE UNIT: Found someone that would split the unit with us to cut our cost in 1/2.

HEALTH INSURANCE: Shopped around and found a cheaper carrier with pretty much the same benefits.

UTILITIES: Set the thermastat higher then last year, it's air conditioner time. All clothes gets hung on the line. The boys complain about crunchy towels so I fluff them before they're put away.
I also use cold water when washing except for our whites.

GROCERIES: Making a list and using coupons. We shop Wal Mart so we make sure we're buying the best value per oz. Shopping takes longer but the saving are worth it.

EATING OUT: DOESN'T happen !! We're been out to eat once in the last 2 months and that was for a benefit for some friends raising money to get their daughter from China.

BEAUTY: I try to stretch out my hair cuts. I give the boys and Jamie hair cuts so we don't have that expense. I also went from expensive salon hair products to generic brand. I'll be honest I can't tell the difference but my hair is super healthy anyway.

Our family never had to budget and I think it's a good for us. It don't matter if we have the money and don't need to budget or not to us it's being money smart especially with the state our economy is in.

I hope this will help some of you I know for us it truly has put our priorities in line.

2 thoughts or words of encouragment:

terence and carala said...

Hi! I just noticed I had another "follower" of my blog! So glad that you "found us"! We can all use more support along this journey...doesn't matter how long it's been!

I'm sure you've noticed we've been doing this a very long time. I pray that your journey takes a lot less time and that God will place an amazing little girl in your arms soon. :-) I look forward to joining you in your journey...just knowing I have 1 more person "pulling for us" made me smile. :-) Hope I can do the same for you!

Carala from Canada

Leslie said...

Good advice!! Definately things i need to do with my families lifes. During this economic downturn and everything. I am starting to get nervous for what the future holds with all of these families losing jobs. Eating out... oi my husband loves to eat out. I am trying to cut that at least by half. I also need to start making a list of what to buy when i go to the store for groceries. My family is young so i am still learning. Glad i found your blog, and read this post. Thanks!
Leslie from utah
oh i just started a blog with my mom if you want to check it out it http://funmommyfinds.blogspot.com
thanks again!

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