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Author: 2gifts Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308881  
Subject: Re: How to get back to financial health Date: 2/4/2014 2:21 PM
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Unfortunately, my wife works in a different school system, since jobs weren't available in ours when she went back. She did try that. It's a $182/wk. expense, and not any other options.


She might try keeping her eye open for something in your district, if that makes sense. Or you can also look at school choice into your wife's district. Just something to consider in case you haven't thought of it.


We have reviewed every expense from last year, and have a budget based on that.


That is a good start. You might see if there are ways to cut the expenses you have. For instance, do you shop at the cheapest grocery store? In my case, I can spend a solid 30% less by shopping at Market Basket instead of Shaw's or Stop & Shop, and be buying exactly the same things. So if you're not shopping at the least expensive grocery store in your area, just making that change, even if you have to drive a little further, can save you money without changing anything that you are buying. Is there a less expensive, though maybe less convenient, place to buy gas for the car? What about your cable or internet provider? Have you called them to ask if they can find a way to reduce your monthly bill?

Do you go out to eat at all? Maybe you can cut that in half, so instead of going out to eat once a week, perhaps you go every other week. Can you cut your utility usage by changing to compact fluorescent bulbs? Call the electric company and ask them to do an energy audit. They will actually give you the energy efficient bulbs and other things to help drive your energy costs down, and you won't even notice an impact to your lifestyle. These are just examples to maybe get you thinking about your own expenses and if you can tweak anything.

Sometimes, you can just look at your existing expenses and find ways to cut them with small changes or a few phone calls. Other folks here are much better at suggesting those sorts of things, so maybe someone else will have an idea.

If you can save a little here and a little there, you will have more money to throw at the debt or build a small efund.
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