Hi! I've been lurking for quite a while

iVillage Member
Registered: 03-26-2003
Hi! I've been lurking for quite a while
8
Wed, 08-20-2003 - 5:40pm
and wanted to introduce myself. I've actually been lurking more recently trying to get ideas of ways we could cut back (in addition to reducing our extraneous spending, which is really out of control). But, today we are officially broke. Well, I got the credit card bill and it is maxed out. I didn't want this to happen again, and a lot of it happened when we moved in the winter. But, here we are again. In the hole.

So, just wanted to let you all know I'm here and going to be making big posters to place around my house and my car reminding myself how broke we are. It's because we spend foolishly. Always have. Guess it's time to face the music. Gonna call the cable co. today and decrease cable to the basic, call the phone co. and get rid of all the extras, cancel Netflix, and work my tail off from now til eternity.

I just needed to get this out. We are in the fortunate position to be able to borrow from family, but I'm sure you know how much we don't want to do that. Don't wanna look as foolish as we really are.

So, keep posting your ideas and your own habits and ways of being frugal. I may not have a lot of time to respond but I will be reading religiously.

Thanks,

Kyra

Avatar for nonisfern
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Registered: 03-26-2003
Wed, 08-20-2003 - 6:03pm
Hi Kyra, I recognise you from the aug '01 board, I haven't been there in almost "years".Welcome here!Naomi Mummy to Isabelle 4 1/2 and Lydia Aug 5th '01

iVillage Member
Registered: 03-26-2003
Wed, 08-20-2003 - 8:07pm
(((Hugs))) Kyra! You've come to the right place; these ladies are *amazing*!! Half the battle is recognizing that there's a problem, so you're already on your way. ;-)

~Jodi

Avatar for cl_lfbennett
iVillage Member
Registered: 03-24-2003
Thu, 08-21-2003 - 12:45pm
Ugh, I know how you feel! I've been there myself. And believe me, it does get better.

Sounds like you're doing all the right things. But the biggest thing is what you call your "extraneous spending"! Set aside a certain amount in CASH that can be spent on "misc." each paycheck. Depending on your income and budgeting this may be $10 or $100. For us it's about $50. Once it's gone it's gone until next paycheck. The rest of the money should be budgeting for necessities. You should put the bulk of the rest of the money toward those credit cards.

I'm sorry you are having a hard time. But I'm glad you found us. Hopefully you'll get some good ideas and a lot of moral support.

Leslie

Leslie
cl-lfbennett @ Frugal Living

Avatar for gptriplett
iVillage Member
Registered: 03-27-2003
Fri, 08-22-2003 - 9:11am
Hi, Kyra, you'll enjoy it here! You probably have some good ideas too ... so don't keep them to yourself!

Pam

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Registered: 03-27-2003
Fri, 08-22-2003 - 9:46am
Hi Kyra from an Auggie 2001 buddy. No advice, but wanted to send you lots of hugs. I lurk here very sporadically, but have found great knowledge on this board! Hang in there and just stay focused and you will do just fine!

Kristi

Avatar for monkeesmom
iVillage Member
Registered: 03-27-2003
Fri, 08-22-2003 - 12:39pm
Welcome Kyra - this board is a great place for ideas on trimming the "extras" from your budget. So many things that we think we "need" in life, which we really can do without and the savings do add up :)

Best of luck to you, and hope to "see" you around alot.

Mil

(who could stand to do some budget busting herself...)



 

iVillage Member
Registered: 03-26-2003
Fri, 08-22-2003 - 2:05pm
Thanks for the warm welcome!!! I really appreciate it since I've been feeling so stupid lately.

I sat down last night and was able to determine that with a minimal income (no overtime for DH and a slow month for me) we should still have $550 left over each month for groceries and miscelaneous expenses. I included diapers, wipes, and medications in expenses along with all of our monthly bills and taxes (I pay quarterly since I'm self employed). I've cancelled everything I can think of that we don't need. I made my menu for the next 2 weeks, and have gathered all of the grocery ads (one place is having triple coupons and double dollar coupons!!). I've read through lots and lots of old posts and think I am more armed with info than I've ever been!!!

So, this Monday after I do bills I will give myself $100 to grocery with (for our family of 2 adults and a picky 2 year old...should that be enough for 2 weeks?). Whole chickens are on sale at one store, so I'm going to get a few of those. I also appreciated the post a while back on cheaper cuts of beef and what to do with them! I'm going on the prowl to see what I can find!!!

You guys have inspired and encouraged me! We can do this and still live!!!

Thanks a ton!!!

Kyra

iVillage Member
Registered: 03-27-2003
Sat, 08-23-2003 - 12:21am
Kyra,

I am in the very same position as you... I know it feels terrible but, the sun will still come up tomorrow! That's what I tell myself when I'm laying awake in bed wanting to kick myself for the position we're in. It's beginning to look better for us now. We just made a budget and are sticking to it even if it kills us! One word of warning... I've borrowed from family before and when I do that I seem to just keep doing the same thing. Now I live in Canada (moved from the US) and it's just not really possible to borrow so easily anymore. Now we HAVE to do it ourselves and this is the first time ever that we've really changed our ways for the better. Not saying it's bad to borrow but just be careful that you still change whatever you need to in your own habits. Write your budget down! Whatever money you budget for gasoline, haircuts, groceries, spending money, that type of thing... I'd recommend taking out in cash and keeping in envelopes. Never ever EVER use your debit or credit cards. That's worked WONDERS for us! I know it sounds silly but, try it... you'll see a huge difference!

Good Luck!

Roberta

Lilypie Baby Ticker