or Connect
Mothering › Mothering Forums › Natural Living › The Mindful Home › Frugality & Finances › Feeling the "downturn"
New Posts  All Forums:Forum Nav:

Feeling the "downturn" - Page 2

post #21 of 86
Amazingly, I am feeling quite optimistic right now. I am an RN, so I have job security, but besides that, I just paid off some major bills that I thought it would take my tax return to pay off...I haven't even filed my taxes yet, so I'm quite happy about this. When I do get my tax return and my stimulus money, I'm going to pay off more bills...we don't NEED anything right now...I'm content with my 27 inch TV, my consignment store furniture, our computers and our vehicles. I've been couponing for a year, and have a nice stockpile built up, and I am in the process of buying a wagon and a bike trailer for Daniel...I won't be driving this summer except to work (across town, night shift) and one trip per week to CVS and Target...I'll do all my deals in one stop. I'm going to get insurance on DH's motorcycle this year (we didn't last year), and that is going to be his transportation to and from work this summer. The Caravan is getting old and is not very good on gas, so we are mostly retiring it for the summer months...it'll be walking, biking, motorcycle, or driving the Focus only if necessary for us. Our rent went up $20 per month starting in May, but is still only $695, I really can't complain. Our entertainment is going to be outdoor concerts in the park, going to the playground, etc. Stuff we can walk to and don't need to pay lots of money, but can still have a fun time as a family.

Sorry to be rambling on and on...I've just been thinking of these things, so am sharing some of the thoughts I've been having that are going to help me remain optimistic thru this whole thing.

http://i12.photobucket.com/albums/a2...ement39006.jpg

http://i12.photobucket.com/albums/a2...ement39007.jpg

http://i12.photobucket.com/albums/a2...res3908001.jpg

http://i12.photobucket.com/albums/a2...res3908002.jpg

http://i12.photobucket.com/albums/a2...res3908004.jpg

http://i12.photobucket.com/albums/a2...res3908005.jpg
post #22 of 86
Michigan's economy has been terrible for a long time, so it will really be bad for a lot of folks who are living closer to their means or over them, and don't have the cushion to absorb the increased cost. People's wages certainly haven't increased to meet the prices. I think Michigan was rated the worst of the 50 states to live in, or maybe 49th.

I used to pay about $90 for groceries for the week, that was with little to no organic stuff... and it also included diapers, cat litter, etc. Now it's always at least $130 if not more, depending on what things besides food we need. Pretty bad. We are living well within our means but people who are not (or cannot) are really going to feel the pinch. It's going to be bad times for a lot of folks.
post #23 of 86
WOW Tonya, that is quite the stock!!
post #24 of 86
Holy cow. I showed this to my husband, and I think now he will get off of my back about buying two large packages of toilet paper at once.

I assume you have a lot of painkillers because you got them cheap or nearly free, and not because of the children?
post #25 of 86
Definitely feeling it. DH makes a good living and we live within our means, but our insurance, energy and food costs have gone up at least 30% from 2006 to now. DH hasn't gotten a 30% raise, needless to say. Anyone who isn't feeling it isn't paying attention, and I think those people are in for a rude awakening because IMO inflation is going to get worse before it gets better. Thanks, Uncle Ben, let's keep lowering those interest rates!
post #26 of 86
I think its not the reality of a crunch its the emmotional impact, sure dh might make really good coin but I know people around me even people I don't know will feel this...they will loose houses, they will go without..its scary..
and it makes me re-evaluate my life....go buy that house with a few acres and chuck it all...sigh
post #27 of 86
You know it's bad when people start talking about putting in backyard gardens! You know it's bad when a lot of couples decide to make do with one car (which they do in Europe). You know it's bad when people start buying gold and silver with their savings. I've done all of the above (except gold - can't afford it, I buy silver). I hope to grow potatoes this year, have a couple chickens, and subscribe to a CSA. I also hope to start learning to color my hair at home. Yikes. Does anyone know if those really cheap places likes Super Cuts will put your own store-bought dye in your hair for you? That's my main issue is trying to get all that color thru my hair, and then the mess...

Anyhoo, definitely changing my mentality here. I agree lots will be in for a rude awakening, as much as I wish that weren't the case. Better to prepare now. I'm not hoarding food, mind you, but anything to make us more self-sufficient is a major plus, IMHO.
post #28 of 86
Here in Mass, we definitely feel it in oil and food. And I'm a public employee (teacher), so the school budgets are really feeling the pinch.
post #29 of 86
Quote:
Originally Posted by freespirited View Post
Does anyone know if those really cheap places likes Super Cuts will put your own store-bought dye in your hair for you? That's my main issue is trying to get all that color thru my hair, and then the mess...
They might do that at a cosmetology school.
post #30 of 86
Yes and no.

We started keeping track of our expenses in Sept (we've never had debt, always have savings, but, I wanted to maximize that), so, we've gotten more "efficient" so to speak while the economy is tanking.

I see the effects, but we're not feeling it, just due to lucky coincidence. I'm not working anymore, so I fill my car up about once a month instead of once a week. DH has a work vehicle and a gov. credit card for gas. I'm getting better about cooking completely from scratch, and buying more "in season" stuff. We started eating a little less meat and more "bulk" foods (beans, oatmeal, rice). We don't eat out QUITE as much as we used to. Our heat is included in our rent - which went up 20 dollars this year. All our utilities except for electric are included, actually, right now. And DH got a raise in January, and gets another in April (he didn't get promoted though...outside the primary zone ).

We're actually putting more money away right now, but, I definitely SEE the change. I know eggs used to be about 1.19 at Trader Joe's just this last year (ours only opened a little over a year ago) and now they're up around 2.69. Same idea with milk and what not.

Plus, my husband is in the army. His job SHOULD be pretty stable (knock on wood).
post #31 of 86
Wow Tonya I am impressed with your supplies. I love a stocked pantry, and it is so organized.
post #32 of 86
Quote:
Originally Posted by mhurst View Post
Wow Tonya I am impressed with your supplies. I love a stocked pantry, and it is so organized.
I agree! I'm really limited on my pantry space but I love how neatly organized yours is!
post #33 of 86
We're actually feeling pretty good about stuff too.

Our credit cards are paid off, we have a substantial amount in retirement and savings.

We don't have anything we really need. We've become so motivated to love what we have, and live with less stuff. We eat in much more than we use to, and cook many of our meals from scratch.

We see the impact at the grocery store and at the pump, but we don't drive too much, and we eat locally, in season and coupon the rest.
post #34 of 86
Yeah the food thing is where we've mostly been focusing. I know my two (probably three, really) boys will only keep eating more and more food as they grow, so I've been working on dealing with ways to get and keep that expense somewhat low while still keeping us healthy. As shown by my absolutely insane pantry. Although now there's even more random things down there from various sales in the last few months, lots more canned stocks (after I roast something, the carcass gets turned into stock along with kinda dry looking leftover veggies and thyme I snip from the front yard underneath the snow), and it's a bit of a mess because of a recent water heater issue and the seed starting that happened in the last week or two. Trying to grow as much stuff as I'm able for my canning and such - celery and leeks and onions and such add up for stocks and soups after a while.
post #35 of 86
I wouldn't post pictures of a well-stocked pantry. I'm paranoid, though.

Yep, we're feeling it. My dh has been transferred to MO but we can't sell our house in TX. Everything in me says to hunker down here but I want to move to the MO countryside SOOO badly.

Our grocery bill goes up & up and we've really cut back on frivolous driving. I'm not sure what we're going to do about our electric bill(A/C) this summer.
post #36 of 86
We're doing okay but mostly because we did a big belt tightening last year and so far we haven't been as affected by rising prices (live in Toronto). Our gas has gone up but the kids and I walk everywhere and dh takes transit, food costs are up but so far we're still managing by watching sales. I am worried about others without as much job security though.
post #37 of 86
Quote:
Originally Posted by Usually Curious View Post
I wouldn't post pictures of a well-stocked pantry. I'm paranoid, though.


Are you worried someone will come steal it?
post #38 of 86
Quote:
Originally Posted by Usually Curious View Post
I wouldn't post pictures of a well-stocked pantry. I'm paranoid, though.
Why not? I'm really curious! Do you think it opens you up to being robbed? Very interesting!

We haven't really felt it here where we are near Philly. Housing prices haven't plummeted like elsewhere and the mortgage crush hasn't hit here bad (yet) so I think that our area in general is still faring quite well. Personally, we have no credit card debt, we just paid off the last of my car payment earlier this month with some of DH's yearly bonus, so now our only debt is my student loan and our mortgage (which is at a low rate and a very reasonable payment each month, we were very fortunate not to get pulled into one of the ARMs that they were throwing at us!!!) DH's salary continues to rise each year as he advances in his company, and he's about to become a director on April 1st, which will be another salary bump. We're very, very fortunate in our circumstances, for sure. But, we've also been very prudent with money for many years now, and have stayed FAR away from credit cards. If we don't have the cash to pay for it, we don't buy it, PERIOD. I know several of our friends are struggling now because they've got huge CC payments.
post #39 of 86
Quote:
Originally Posted by latinmom View Post
Here in Mass, we definitely feel it in oil and food. And I'm a public employee (teacher), so the school budgets are really feeling the pinch.
Just paid a $407 oil bill here in MA too. Bring on the warm weather :
post #40 of 86
Quote:
Originally Posted by gurumama View Post
Just paid a $407 oil bill here in MA too. Bring on the warm weather :
I'm in Maine, the price for 163 gallons was over $500 :, the only saving grace is that I am a budget plan so that helps a lot... except this is the first year since moving out here that I will be paying off my oil bill well into the summer , generally I get my last delivery in April and am set until late October. However if I had not done the budget plan I would have been royally screwed this year.

Shay
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Frugality & Finances
Mothering › Mothering Forums › Natural Living › The Mindful Home › Frugality & Finances › Feeling the "downturn"