This is from the archives,originally published June 2012 but this is almost exactly what we talked about in Sunday school yesterday, so I thought I would repost. “Poor” is a matter of attitude, not bank account. I know this series is about conquering debt on a low-income, but … [Read more...]
Today, I'm sharing a guest post from Brianna at This Rookie Wife. My husband and I were married at 21 and parents at 22. Now, at 23, we have a precious six-month-old baby girl. My husband is completing a pastoral internship and I'm staying at home with our daughter. According to most … [Read more...]
Photo Credit On paper, a mortgage seems smart. I mean, why pay rent when you could be paying for your own house instead? Consider this: You purchase a house for $65,000, at 5% interest rate and a 30 year loan. At this rate, your payment would be approximately $348 +$70 (mandatory PMI unless … [Read more...]
Photo Credit I receive lots of questions and comments about whether or not our frugal lifestyle is worth it. My answer is yes! It allows me to be a stay-at-home, homeschooling mom. Yes, I could get a job, and we could have more stuff. But, that’s not what’s important to us. I know many people … [Read more...]
Photo Credit On his site, Dave Ramsey talks a lot about using a snowball plan to get out of debt. I’m not a huge Dave Ramsey fan, but there are some things about his recommendations that I can appreciate, and this is one of them. Basically, you start off, chipping away at your smallest debt. … [Read more...]
Back in May, I shared our super tight budget. I was discouraged about debt, thinking we couldn’t possibly get out of debt sooner than the twenty-year plan we were on (student loans and mortgage). I had a revelation that led to crunching the numbers and “finding” an extra $190/month toward … [Read more...]
Earlier in this series, I shared our super tight budget, with what seemed like no wiggle room. Today, I want to share how we juggled the numbers to create an “extra” $190/month to pay down debt. Here is our new budget: Total Monthly Income (after tithes, offerings, and required payroll … [Read more...]
I shared in passing, on my $200/month grocery budget post, that I don’t use coupons. I had several questions about this, and the answer is somewhat in depth, so I decided to elaborate on my reasons. It's a fair question. Extreme couponing is huge right now--there are just look at all the books … [Read more...]
As I told you in my budget post, our monthly grocery budget is $200, which includes groceries and other (indoor) household needs. Now, I’m going to tell you some of the ways that we make that grocery budget work for us. (Please remember…this is not what I think everyone should do. This is how I … [Read more...]
Photo Credit Embarrassing though it is to admit, eating out had gotten out of control for my family. Completely. We were spending every spare cent of our already meager budget on eating out. All of our allotted spending money went to the cause, and we would “borrow” from other areas in our … [Read more...]