What is the first to go? For us, cable right off of the bat. Then lower the cell phone bill. Then hit up the grocery budget.
Life would consist of spending money only on essentials and those are food and shelter. I know there is a third but for the life of me I can't think of it right now.
I am continuing to put extra money to our debt. In fact, I paid an extra $300.00 towards it today! YAH!!!! I will continue to pay extra to get it out of our lives HOWEVER I am not putting every available cent towards it. I am also putting into various savings accounts. I know the interest I get for the savings accounts is woeful but I want, no I need a larger cushion.
So what do you do? Let's also say that your grocery bill has to be cut drastically. You now have only half of what you used to have to spend. What do you do? I really don't coupon but we do buy a lot of generic items. I guess the old saying of shop the perimeter of the store will play a more important role. But here's an example. Say you want lasagna for dinner. You can buy a Stouffer's lasagna, family sized, for about $8.99 in my area. Buying all of the ingredients to make it from scratch costs more than that. What would you do?
Oh well just something to think about on a Friday night!
Have a good one!
|this is an old photo|