Here's our budget, OMG!
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|Tue, 09-30-2003 - 3:23pm|
Mortage Payment (includes taxes) $1,452.00 (the home business takes a deduction)
House Insurance $87.00
Natural Gas $99.00 flat rate (based on last year's useage, heat way down too)
Electric $80.00 (average)
TV Basic cable $11.06
Volvo payment $462.00
Gas Less than $30 a month
Insurance (2 cars) $150
Car Maintenance (oil changes, scheduled maintenance) $15
Life Insurance $184 (term, on 750,000 each)
Co-pays/deductibles (medical)$100 a month budgeted based on past use
Food/Sundries $325 (based on prior months)
Dog and cat Food $40.00
Medical for Dogs and Cats (preventive/other) $70.00
Consumer Debt (Visa's) $550 (zero interest for one year, total about 15,000 used for home siding, emergency dental work, medical bills, vet bills emergency)
Debts On Hold
Home Depot (bathroom remodel) 2,400
Student Loan (K, on approx. 9,000) $410.00
We could sell our home, go smaller and newer, but with the interest rates even lower, the home prices are even higher. And, the major issue now though will be whether we can get financing as I am not working and DH has taken out all the business debt.
I could sell my car. Long term, will end up costing more though as I plan on having the Volvo at least 12 years like the prior Volvo.
We could try to refinance our home.
DH could get a job! I just looked up what a computer programmer earns and it is more than I thought (average 67,000). I really think he undersells himself. He most likely would get healthy insurance too. We need a take home pay of 44,000 live with this budget.
Of course, his business debt would still be there. I believe he is at least 1,2000 a month in debt there. OH, and he has the business car too. OMG!
If I go back to work, we need childcare - for 2, that is at least 1,500 a month, as one is an infant, unless we can do swing shifts.
I do not want money to rule my life. Ideas? Comments? I do think I will look into selling my car.