Wednesday, June 22, 2011

Running thru life.... Money challenge Part 2

The food part of our bill/budget is the easiest to help tame back. 
The rest is hard. 
Our major expenses are as follows

Car Maintence/Gas- Can not really do anything different than we are already doing.

Clothes/ Household shopping- Again we do not do alot of this.  Maybe a $150 a month between the two of us. 

So we came up with some ideas

1) Use our gift cards
We found that we still had a couple gift cards left over.
I has one from Sephora, 2 from VISA,  2 from Itunes, 2 from Ann Taylor, and a small Dunkin Donuts one.
Joe has 2 Amazon gift cards and a couple Starbucks.

2)Discuss any purchase over $40 with each other.  Yes I know $40 does not seem like alot but it forces us to talk about what we are spending money on and evaluate if it is something we need. 

3)Major Projects are done for now.  The past two years we have had major work done to our house- the kitchen redone and a patio installed.  The only semi big projects we have left are 1) Our bathroom which I am planning on in the fall 2) Painting which will probably not get done till 2012.  Both of these are considerably smaller compaired to our previous projects. 

4)Clemson- I will be giving him haircuts from now on since I do just as good of job as Petsmart, Barks & Bubbles, etc.  This is almost $80, 4-5 times a year totaling 320-400 dollars we save.

5) Continue to cut Joe's Hair- yeap I cut my husbands hair!!!  Saves us about 15 dollars a month or 180 a year.

6) No more alcohol purchases.  We have been given so many bottles of wine over the last year and also liquor gifts from Christmas.  We need to use what we have instead of buying new.  Also instead of always getting a drink with dinner we can have one when we get home. 

7) Setting limits of gifts.  This is something new I came up with year to start being fare because we have a decent amount of family members and friends with birthdays, anniversaries, baby showers, weddings, etc.  We did this year for Christmas- we spent the same amount on each family member and the same amount on the couple gifts we bought for friends.  It worked well especially when my husband shops separately for things, it let us both know what we could spend. 

8) Using some of our Credit Card Points.  We have two credit cards- 1 we use primarily and the other one we save for big expenses.  We have not cashed in any of our points since we got married.  So we cashed in our points on one of our cards and it almost paid for the cost of our Ipad.... not too bad!!!  We plan on saving the rest of the points on our other card for a rainy day.

9) Finding fun things to do this summer that are free like the pool, taking Clemson swimming.

What suggestions can you make???

1 comment:

  1. I joined Paperback Swap- I hate to admit it, but i just never seem to have time to get to the library to check out books- but this website allows me to request books, and send- and we only pay postage for books we mail. www.paperbackswap.com It's been great to read so many books, and not have to purchase any!

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