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Discussion Starter · #1 ·
Do you ever look at what you actual bring in compared to your fixed expenses?<br><br>
I'm sitting here looking right now and I'm in shock. We should be able to put almost 5X in savings what we put in. How is this possible???
 

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Because we all live w/in our means.. when dh adn I made more $ we spent more, and now that he's the only income, we spend less.. though it's very easy to spend more!<br><br>
It's really very easy to just buy because the money is there... if you are being super accountable and writing down purchases and making sure you think about buying it instead of impulse items while you are shopping, you will find more $ left over in your budget to save.<br><br>
The other thing youc an do is move the $to savings right away before you budget the month out, and then it's not there to spend. work up slowly from what you save now though, better to change habits than bounce checks!
 

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Discussion Starter · #3 ·
Yeah, I think we will have to start putting it in savings before we work out the bills.<br><br>
I was in total shock by howmuch over what we NEED that we are spending. In fact, I'm embarassed to say howmuch we are overspending! I'm not saying we haven't enjoyed it since we struggled so long but we don't want to get back there any time soon!
 

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I hear ya.. we did that. It's so easy to NEED this towel or that doormat, or some new storage stuff, or the cute whatever that was on sale/clearance, or a new toy, blah blah.. now that we have a budget and we pay cash for a lot of things, we tend to think about what is in teh cart more and not buy so much..<br><br>
We have to go to IKEA in 2 weeks and I'm making a list and sticking to it as best I can. It's SO easy to go overboard in there!
 

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Discussion Starter · #5 ·
What I have been doing is putting it in the cart so that I an think about it and then end up putting it back!<br><br>
I have a few stores like that too. The other day I went in to Sur le table (or howver you spell it) to buy some nice chopsticks and came out with 20 dollar measuring cups!
 

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Yes I agree! It is crazy! the things we "need" really add up. For example, my DH and kids are addicted to Zone bars (the protein bars) and at $1.50 a pop that really adds up<img alt="" class="inlineimg" src="/img/vbsmilies/smilies/dizzy.gif" style="border:0px solid;" title="Dizzy">:
 

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<div style="font-style:italic;">I hear ya.. we did that. It's so easy to NEED this towel or that doormat, or some new storage stuff, or the cute whatever that was on sale/clearance, or a new toy, blah blah.. now that we have a budget and we pay cash for a lot of things, we tend to think about what is in teh cart more and not buy so much..<br><br>
We have to go to IKEA in 2 weeks and I'm making a list and sticking to it as best I can. It's SO easy to go overboard in there!</div>
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I TOTALLY hear you on this! I went to IKEA on Friday, now I'm wishing I had just stayed far, far away. I didn't stick to a list at all. Of course I <i>needed</i> half the junk I bought, right? <img alt="" class="inlineimg" src="/img/vbsmilies/smilies/rolleyes.gif" style="border:0px solid;" title="rolleyes">
 

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Discussion Starter · #8 ·
I know!! Our latest thing has been energy drinks not to mention my new fascination with coffee.<br><br>
It feels really odd to have this struggle since for long we had nothing and I never thought I would feel like this about such dumb things, kwim?
 

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When DH and I were shopping for houses, we worked out a price range we felt we could afford. Then at one point I just say lets look at buying a smaller house and saving up some money. I estimated we could save $1000-a month if we did this. We bought a house that was $150K less than one we put an offer on (and they withdrew from the market) months earlier. Well, now we are here and nothing is going into savings. Thank god that other house didn't work out, I don't know what we would be doing!<br><br>
All those bills add up so fast.
 

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Discussion Starter · #10 ·
Yeah, we had a house deal fall through 5 years ago. It fell through 3 hours before we signed the closing documents. Benjamin lost his job not long later and was unemplyed for 8 months!<br><br>
Amazing how sometimes things just work out!
 

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Same here, I look at our bills and what we make and figure we have several hundred dollars left a month that really doesn't have to go to anything. I'm going to set up a separate checking accound and start transferring funs over wnen we get out money each week, I think not having it in my primary account will keep me from spending it so freely.<br><br>
It's really DH's fault, when he and I weren't together I saved quite a bit, but he buys toys then I in turn buy toys for myself so I don't get all mad that he spends on himself and I don't.
 

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Barbara, we actually put my dh on an allowance because of the toys thing. He got a set $ in his own checking acct (with a debit card linked) and the "rules" were any toys he wanted had to come from that $ (he could save it for months and get a big toy or spend it all the time), as well as any meals out he ate at work - since I packed my own lunch, he was able to pack his. And I would give him the $ with no questions asked. When we were both working and no kids, it was higher.. then when I stopped work it got cut, and cut again when baby came, and cut to $0 when we started TMMO - now the rule is if he wants something he has to sell his old toys/junk on ebay to make the $ for a new toy. He rarely goes out to lunch at work now, so that's no longer an issue... once a month is ok with me.<br><br>
Since he isn't "wasting" money on toys, I don't feel compelled to just "go shopping" either. Our spending has dropped significantly and all our extra cash each month is going to debt, and then to savings once we're done with the debt. Aaah feels good.<br><br><img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/lol.gif" style="border:0px solid;" title="lol"> on the IKEA stuff, yes, it's SO easy to go overboard there, since we have to drive 2 hrs to get there, I always manage to justify things i don't need. Now we are moving (hence the need to go there!) and will be living near one, so impulse items shouldn't have a hold on me now! My shopping list so far is a dining table/chairs, futon, and bed for dd's room, plus window treatments for the new apt. - but we're taking some curtains here with us too, so hopefully it'll be minimal spending!
 

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With us, it was the exact opposite. Hubby takes care of the finances so finally one day I asked to see the rundown of the bills going out and then what we spend for gas each week and food, the pets etc. No wonder we don't have a savings account really. By the time all the bills are paid for the month etc, we have like 15 dollars left over... lol
 

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I just did that - dh and I literally looked at each other in shock and couldn't figure out *why* we don't have more at the end of the month.<br><br>
I think it's all of the little stuff that adds up - a coffee here and there (well, in my case, and there, and there, and there... <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/redface.gif" style="border:0px solid;" title="Embarrassment"> ). I wil be taking a 2 month vacation from work, to see how well we can get by without my income and technically, we should be fine....<br><br>
...if we watch were every penny goes! <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/lol.gif" style="border:0px solid;" title="lol">
 

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Boy, do I hear you. The past few months money has just bee flying out the window here. We should be able to save at least $600 a month, and instead we're into our savings each month for at least that much! <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/greensad.gif" style="border:0px solid;" title="greensad"> I'm really ashamed of us, actually. This month we are on a VERY short leash. My DH's "bonus" (the portion of his salary that is based on where his sales team ranked) this coming month (for last month's sales) should put us even and let us put the $1000 back into savings that we've taken out the last month or so, but it means NO extra spending. It's been so hard, and it's only been 6 days! But I want to quit my job, so this is what it will take, and I figure we'd better get used to it now. Plus, I've been working on decluttering. Nothing like taking a good hard look at what your money has been buying to help you put a stop to frivolous spending!
 

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Discussion Starter · #16 ·
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<div>Originally Posted by <strong>caramelcoffee_mama</strong> <a href="/community/forum/post/6465383"><img alt="View Post" class="inlineimg" src="/community/img/forum/go_quote.gif" style="border:0px solid;"></a></div>
<div style="font-style:italic;">(well, in my case, and there, and there, and there... <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/redface.gif" style="border:0px solid;" title="Embarrassment"> ). <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/lol.gif" style="border:0px solid;" title="lol"></div>
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Hence the name <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/lol.gif" style="border:0px solid;" title="lol">
 

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Ditto about what some previous poster said about the house buying thing. We "bought down" recently as well. The bank demanded a special letter from us about why wouldn't buy at the very top of what we could afford on paper. Breathing room, it's called breathing room! I can continue to be home though my kids are older and dh can have his choice of jobs, not just work to pay the bills.
 
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