We’re in debt and things don’t seem to be looking any better as time passes by. I have picked up The Money Saving Mom’s Budget many times to read it, only to put it back down. I didn’t want to read it, being afraid I’d be told to give up things I love, such as my books and internet. I also thought ‘why bother’ when I doubted I could convince my husband to follow whatever suggestions I found in the book.
Now we’re having a baby and I realize by not reading and putting for the effort I am only hurting my family. We need some kind of guidance and plan to pay down our debt and spend our income wiser. So, I opened the book and decided I would just read it first. That would be a start…
What I discovered as I read this book:
- We need to set goals as a family. Without a unified plan of action, we will get no where. Setting goals as a family will help us move forward in reaching those goals, instead of working against each other unknowingly.
- The guilt and stress of my clutter doesn’t have to remain. The author provides suggestions to get rid of the clutter and maybe even make a few dollars off of it.
- We do need a budget. Hubby and I have talked many times about creating a budget to go by, but we didn’t ever sit down to do one. We weren’t really sure how to make a budget out of the mess we’ve created. Now we will save money with a budget.
- We do need to cut up our credit cards. When we’re in a bind, we grab a credit card to fix the situation. However, that has only caused our credit to be maxed out and no where closer to being debt free. We must learn to manage our money wisely and do without those things we don’t have the cash for.
- We need to get back into the habit of using coupons. I clipped them for awhile, but was only using a few of the many I clipped. It felt like a waste of time. However, I see that if I use the suggestions in this book, I’ll save money which can be applied to those stinky credit card balances.
- We need to bargain shop and look for discounts. When we want to eat out, we just go. When the money runs out, we spend the rest of the money eating cheap stuff at the house. Not a very good plan. Instead, we need to eat out based on a figure we can afford, while using coupons and ordering good ol’ water.
- We need to be content. God even tells us to do so in the Bible.
Now that I’ve read the book, I will follow Crystal’s plan of action, which takes you through these areas one at a time. Each month begins a new area of application with sound advice that appears to be doable. Here goes! Ask me in a few months how I’m doing as hubby and I team up against this debt of ours.
Disclosure: I received a copy of the book in exchange for my honest review.
About the Book
Crystal Paine, the blog author of MoneySavingMom.com, has helped busy women everywhere take control of their finances, presents her most effective strategies designed for families of all sizes and income levels.
With hundreds of inspiring “why didn’t I think of that?” TIPS, plus WORKSHEETS, Paine breaks down your goals into easy, manageable steps so you can:
• Achieve a complete financial makeover
• Set up a realistic budget
• Never pay retail
• Slash your grocery bill
• Organize your time & your home
• Use coupons wisely
• Pay with cash only
• Live simply
• Become debt free
• Choose contentment
• Make every dollar count