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How I intend to change the way I handle money to save money

February 23rd, 2022 at 12:25 am

Oh dear lovely folks!  

I am in such a good mood this morning.  I did find we will be getting a tax return inspite of having child payments and me working a 1099.  Last year we owed $600 on taxes instead due to both my husband and I being 1099 workers.  Oh that was a rough one.  This gives me some much needed breathing room to look at what we can apply it towards so we can make it through the rest of the year.  

I have already filed, been accepted and approved.  I anticipate around six thousand back after fees from turbo tax.  That said, even if we have half that it will help to pay some of the bills we got behind on.  So first is getting up to date on bills.  This means paying the truck payment we are a month behind on, paying my doctor that I owe $200 to, paying my daughter back the $200 we owe her for an emergency, and the $150 we owe our son for car parts he bought.  After paying all the bills we owe and all our personal debts, we might have three to four thousand left.  I am still doing the calculations.  Once I have a good set, I promise to put them up.

Then we will put aside at least 1 week worth of pay to just sit in the bank to cover if we might have an over draft.  Over 1.5K went to overdrafts last year and I hope to avoid that this year.  So we will just have $500 sitting in the bank at anytime for whatever might slip through my radar.  I hope to build on this through out the year, but have no real idea if that is possible with our current income/expense ratio.

With what is left, we will fix or maintain things around the home, starting with our truck some new brakes and a new hub assembly.  My husband said he can do the work, so we'll see how much that is in the end.  Then we will move in towards working on the garden. 

No major things this year for the garden and homestead, just some ferlizer, one or two varieties of seed I still need, a hoe or two, and a good fork.  We do need a new back deck, but I'm going to see if we can just repair it with a small handful of things.  I have all the major tools I need for any repairs I think.  I will probably be adding some canning jars and lids to the mix also, but that is iffy.  We will be getting some chickens and geese for home food production.  I wanted quail, but can't justify the cost.  They are three times as expensive as chickens, very hard to hatch out, very hard to make home grown feed for, and so much more.  So chickens it is and geese for the fat.  I will have to fix up the chicken pen area, but that should be easy enough.  I will also be getting an inexpensive incubator to hatch out chicks a few at a time.  The only other addition I am toying with is a piglet or two in order to have fresh meat over the winter that isn't just geese and to save the dessicated thyroids just in case for medical reasons.  Pigs are a lot of upkeep feed wise, so on the fence.  Between the truck and the garden, it is no more than a full thousand dollars even if I get the pig, which I am on the fence about.

We will buy a ton of feed at a time as it is cheaper...for the price of half a ton we can get a ton.  That is one thing I do want to impliment immediately.  

I will also be getting three months of medications.  I will die without my medication.  So I will be getting at least three months although I would be thrilled if it were possible to get a year at a time.  I have a special fridge for it and a generator, so I might get gas for the generator too just in case.  I am also going to pick up a few herbs that help to treat what I have wrong with me as back up.  These are very inexpensive and doesn't even have to come out of the taxes.  I can pay for them from my weekly pay.  

I will be going to livestock auctions, just in case I find a steal there for a nanny goat or a lamb, just something to put milk or meat on the table since I already have the experience and room for them.  However, not the main focus of what I want to do right now as eggs, chickens for meat, and geese for meat and fat are enough to survive.  Also that is only after, I have everything else I need.

 

So I am trying a new things - writing down every purchase.

February 5th, 2022 at 06:17 am

In the past when I wanted to save money, I would cut a few non-essential monthly bills, like subscriptions and make enough breathing room to put towards the credit cards.  That isn't working.  I have cut the subscriptions.  I noticed I spend a decent amount each week on things we "need", but I never actually go through to look at each item to see if we really "need" it.  I get my pay on Thursdays.  It's not much.  I get anywhere from $100 to $120 a week.  After paypal, because I get paid through paypal, gets it's fees it's $95 to $115.  So right there, I know I am bleeding about $5 a week which totals about two weeks pay over a year.  

From there, I typically buy groceries, hygene items, and pay a bill.  This week's bill is personal taxes.  That will be $50.  Next week it will be registering my car for about $58.  Anyway, sticking to this week, $50 on taxes.  I had $50 left.  I went tot he grocery store and purchased the follwing.

Bread          $1.89

Pads          $3.95

Milk            $4.89

poptarts     $1.00

Q-tips         $1.00

Sugar         $2.39

Cheese       $2.99

Wipes         $2.89

Soda          $1.67

Soda          $1.67

Soda          $1.67

Subtotal  $29.20

Tax           $1.59

Total        $30.79

It's an interesting exercise that shows me that not only do I not "need" everything that I think I do, but also that almost $5 of all purchases were spent on tax.  We grabbed some fast food which is another non-need.  So I spend $5 a week to get my paycheck, another $5 on taxes, and then I spent roughly $15 on fast food we don't need, and then another $6 at least on the grocery budget for non-needs.  All totaled $31 sent on non-necessities from a $100 paycheck.  I am literally frittering away 31% of my money for non-essential items.  

Eye opening...I do recommend writing down purchases.  That was enough for a seed order!

 

Excellent news!!

March 10th, 2015 at 05:46 am

My husband has full time employment, with benefits! Also, I spent so much time working my butt off last year we actually got a tax return that helped to improve our lives. Now with a regular income and plenty of hard work, we have 4 goats, a pig that we are growing for food, and are looking at a new barn soon. It will be a tiny one, but good enough for us. I am so delighted!!

Been working hard

June 28th, 2014 at 08:29 am

and I got rewarded ...... Drum roll Please

I made $46 in one day writing! Whoa right? How many writers do that just starting out. Of course I worked 12 hours straight.

We have a baby goat that is very healthy and happy. We have green beans coming on, squash, and some tomatoes. I have one okra with fruit on it. Very excited, being on the cusp of so much deliciousness.

I have cleared 5 beds. I have a few more to clear and then we replant in mid August for a winter bed. Probably more potatoes, onions, shallots, garlic, beets, turnips, and things. I can live on those. Actually we have been.

Also, super duper awesome dawsome news, we got a contract for almost 500 bucks a month on top of my writing stuff! Plus my husband might have found work. God I hope so, working my tail off like this leaves little time to garden, cook, or preserve.

Sharing is Caring and Cheaper too!

May 13th, 2014 at 09:33 pm

I briefly described living in a foster home where no one owned anything. The first night I was there, they took off my shoes, bathed me, and put me in a cute purple night gown. I remember being amazed that they had a night gown just my size already without having to go to the store. I was tucked in next to a passel of children in a big queen size bed and passed out.

When I awoke there were a lot of children running around. There were teenagers, big kids, and babies. There was even a little girl my age and size. We will call her Angie. The mother and father handled the finances and food. The bigger kids handled everything else. The house was filled until bursting at the seams with people and never had a dull moment.

Angie brought me to "the closet" that morning. She explained everyone kept their clothing here. If it fit, I could wear it. If it was broken we should tell mamma or papa. If it needed washed, we put it in the laundry basket near the washer. I was amazed, I could pick any outfit I wanted and wear it if it fit me. There was a catch though, I had to let everyone wear my clothes I came with too. This was hard to accept at first.

I remember the first day someone wore my shoes. It was one of the bigger boys and I started to cry. He asked why I was crying and I said he was wearing my shoes. He offered to take them off, but then the mamma came over and talked to me. She said I was a good girl to let my older brother wear my shoes. That I already had a nice pair of girly shoes on and that it would be selfish to not allow him to wear my shoes when his shoes were broken.

I said but they are a girl's shoes. My bigger brother said it's fine, he likes them. Then I asked if they really fit them. He said yes and they were the nicest pair he ever wore. I stopped crying. I said I was glad he had a nice pair of shoes to wear and I wouldn't cry any more as long as he took care of them.

Later at dinner with mamma and papa after prayers, they spoke with us. They explained that by sharing we show love. They said they knew we made big sacrifices to be together, but a family is love and if we loved one another those sacrifices should not be hard. Then they went around the table and everyone shared what they sacrificed for the family. Papa worked all day to feed us and pay the bills. Mamma worked hard washing clothes and cooking. The eldest sister mended the clothing and helped with the baby. The second eldest sister helped with the cooking and did dishes. Our older brother helped papa with a man's car and brought money into the house. The boy I let wear my shoes let his older brother borrow his bike so he could help papa with the car. Angie let me borrow the purple night gown so that I could have clothing. I asked her really and she smiled and got shy. Then mamma and papa skipped me and said the baby (age 3) picked up the toys. Finally they laid their eyes on me and said, "Even the newest member of our family helped by lending her shoes". It made a lasting impression. I wanted to cry for joy because I belonged somewhere and I was good enough to be someone's child.

Then they went on to explain that though papa works hard everyday, we would not have enough money for everyone to live here if everyone had to have their own clothing, shoes, bed, and everything else. That it was our duty, if we wanted to be a family, to share so we can stay together. I watched as the older boys nodded solemnly. This was a reminder to them and for me it was like a new religion.

This was fine for me, but I had a hard time with the other aspect of sharing later on. When our neighbors came over with a child that had no shoes or sandals, mamma would give one of our pair. When I protested she would tell me that they are our brothers and sisters in God and we should care for them. This concept did not sit well with me. I saw time and again as people came to mamma and papa for things and later when I played with them, they had newer nicer things. When I asked where the shoes were that mamma gave, they got mad and threw "The old nasty things" at me.

I explained to mamma what happened and she seemed upset. I caused a problem by pointing out that they had very nice things, but did not share with us. It was rude, but when I heard mamma and papa discussing it he said I was right to at least point it out. That it must go both ways or they are not acting as brothers and sisters in God.

My actions had divided the family and instead of blaming the poor mannered neighbors, I got the blame from the kids. Then when the kids complained they did not want me because I caused too much trouble the parents had a vote. The vote was to kick me out of the family. Most of the older children voted me out, but papa, Angie, and the brother I lent my shoes to, wanted me to stay. Not even mamma wanted me to stay. There was a big discussion since papa wanted me to stay, but ultimately it was decided I would leave. I cried. I took only what I wore and waited for the social worker to come.

When she came that night, I sat very dejected. She asked where my things were and mamma informed her I owned nothing. The social worker protested that she brought several outfits for me. Mamma waved it away and said they were all ruined. The social worker noted that I had sneakers on when I came a couple weeks ago, but now I had little sandals. Mamma said the sandals fit better. The social worker didn't like her answers because the sandals were cheaper, but took me anyway. In the car the social worker questioned me continuously. She seemed very angry. We went to a store and she bought me five or six outfits from her own pocket. Then we went back to the office. I sat in a chair while the social worker and her boss argued. It was late at night and they had to open the office and turn the lights on, but since only a few lights were on it was still creepy and dark. I was scared while I sat.

I stayed the night at the office and the social worker stayed with me. In the morning she drove me to a new foster home with my new clothes. There were no other children there. It was an elderly couple. She told them it was only for a few days until she could find a proper placement. They said how many days and she said at most a week. I asked if I could sleep and they showed me to my new bed and room. It was beautiful and I could sleep without anyone else in the bed.

While the foster home that had a lot of people and shared everything was wonderful...and would have remained wonderful. It also had problems. I wish they would have given me a better chance, but it turned out the way it did.

Later, in my own life, I have made my children hand down things to one another when it no longer fit. If two of my girls were the same size at the same time, they also shared. However, they always remembered who had the shirt first. "Oh well Nilla, is wearing my shirt, but it doesn't matter because I wore her dress." They would laugh and swap clothes constantly when they were the same size. My youngest two do this now, but they still retain an idea of ownership by saying. "Bubby is using my shoes" even if Bubby has been using the shoes for a year. I think it allows a child a sense of control over their life to say it is their shoes, but by making them share it builds a sense of family. After a while, sharing becomes second nature and the petty squabbles about who owns what are avoided for the most part. Also, mom and dad luck out, because now each child only needs half as many clothes to get by.

There are some things in our family that everyone collectively owns, "the wind up radio", "the computer" (which is a little mini laptop my husband duct taped together), "the bike", "the dog", "the goats", "the legos", "the books" but school books are individualized, "hair ties" belong to every girl, "the fish", "the black belt" is everyone's because it fits most of the people in the house and it rarely is needed, "the internet", "the phone", and even "the car" assuming they have a license.

Annual Budget

May 7th, 2014 at 07:15 am

Today, after my husband lost his job and my hours were dropped, I decided to remake the annual budget. I found that we have more month than money and more year than money too, but luckily I have ideas to make that work.

First we owed back taxes on our house, so I junked my old truck that was falling apart and worth less than it would cost to replace just one part that needed replaced. I got $407 for it. I took the $407 and paid my tax bill for my house. Now I just need $110 more by June 1st to pay off the tax bill for the year. I anticipate being able to pay that off.

Second, I joined a gig site called fiverr.com. I have made $44 in the past 9 days. That's not a lot of money, but considering we are in the negative here, it was worth it to me.

When going through our expenses, I found we haven't been using what money we do have to the absolute best of our abilities. Part of my motivation for selling the old junked up truck was to reduce my annual tax bill by $20, to eliminate the $28 a month for insurance, and to make sure I didn't have something lying around going to waste.

I also found that we pay a heck of a lot more for electricity than most people in our area do. I assume it is due to the amount of usage, so I will be looking into dropping that.

I think, if I implement everything I am planning, we will have enough money for the month and maybe a little to set back.

Cookbooks for the frugalminded

April 30th, 2014 at 08:38 am

Free cookbooks from a genius in the kitchen and with money

http://www.leannebrown.ca/cookbooks/