I got the news this weekend that my income is probably going to change, and I have no idea what my earnings will be. I got a second job, but I have yet to orientate and thus have no idea if they have any actual cases for me. I had a part time job which was all I could get for the last year and a half, but there has been a change and it looks like I might lose it completely. If I’m really unlucky, I am looking at unemployment, despite technically having two jobs (in my line of work, you can have a job but if they don’t have cases for you to work, you are essentially unemployed).
I’ll try to keep a positive attitude for now; hopefully things will work out and I can post a budget by the end of June.
Image Source: http://www.kansascitymamas.com/family-budget-for-you-the-monthly-budget/ 5 hours ago
How I did it: My guy and I decided 2012 was going to be the year we get serious about paying off our credit card debt ($11500) and student loans. Using our tax refund and living frugally by our budget, we paid those cards off in less than 4 months. Now we're targeting the student loans.
BEST. DECISION. EVER.
I can't even put into words how good it feels to no longer have credit card payments. More importantly, it feels incredible to know where our money is going these days. For years, it seemed like finances were beyond our control. Everyone in America is in debt, or at least that's what I tried to tell myself to quell that nagging little voice in my head.
We intend to continue budgeting for life. Read how I did it… 11 months ago
and has been in place since Jan 1. We’re 4.5 months into it and doing extremely well. A few times things have come up that were unexpected, but that’s life. We’ve paid off $11500 in credit cards and are starting on student loans now.
I read that paying off debt isn’t difficult. The hard part, rather, is in preventing the accumulation of new debt. Ain’t that the truth.
We’re getting there, slowly but surely. 12 months ago
I am a single mother whose daughter will be graduating from high school in 4 months. At that time her child support money will end and I’ll be on my own to pay for all household expenses. I work in retail and it doesn’t pay very well and I’ll probably have to get a roommate to be able to keep my condo. I will need to watch every penny I spend and learn to live with very little extras if any. I’m going to have to make a budget and stick to it. 15 months ago
Well, I put together a budget and now that I am moving and will pay less in rent and I just got a raise, I think it will be manageable to stick to it. I also think the key is that I have built in some spending money so that I have a cushion. This year comes with high savings and debt-reduction goals. I’m excited about the possibilities! 16 months ago