Need help with a budget.

Shannon - posted on 11/24/2011 ( 7 moms have responded )




I am having trouble sticking to a budget. My husband has been out of work since sept. I have been a stay at home mom for 7 years. My husband has always been the one to have money. We have always had money so we always spent it on anything we wanted. We went from $4,000 a month to only $1,700. I am freaking out. Can anyone give me any ideas.


Bridgett - posted on 11/25/2011




We live in Hawaii and our rent is $1500 for a 2 bedroom place and that's CHEAP..we dont even have air conditioning, etc, so $1700 income would not be acceptable here to live! we cut our food bill by $300 by planning out meals and keeping it on a grocery list..If you think you will grab extra stuff at the store, you could pay someone close to you $20 to shop for you and it may save you hundreds of dollars from not adding extra stuff... as another person said, cutting out cable (we did and got netflix instead) and lowering internet and cell phone plans are all great ideas!! We even called the electric company and they gave us a free booklet on how to save energy costs and I saved $100 in a month! Also trying to do all errands in one trip, to save on gas is also helpful and even carpooling if going to an event, school function, etc. can help...with your income now, you should be able to get on government assistance if you don't have thousands saved in the bank or a brand new car..they ask about of that and have turned people down b/c of it =( I hope you get some good advice and are able to use it =)

Melissa - posted on 11/27/2011




there are some online organizations that can help...people donate money, help you with downsizing and financial guidance and other things. Check your local churches. We are currently on a 2,200 a mth budget, but we are paying like $500 mth to pay off debt. Not sure what your mortgage or car payments are but it can be done!

User - posted on 11/26/2011




You sound like me two years ago. I was a working mom and then I had my son who was born with a rare metabolic disorder and then I became a stay at home mom and then 5 months later I was pregnant again. Diapering two kids was no fun. So I discovered coupons and I am happy to say that I have a weekly grocery budget of $20 for a family of four.
I like this new website called The Coupon Boutique. Its actually a friend of mine and she thought me on how to use coupons to save alot of money. A huge blessing

[deleted account]

I agree with the others. See if you can get some assistance.

Cut out everything that's unnecessary. Cable, data or media plans on cell phones, eating out, drop to lowest Internet option, look at insurances and see if you can cut something there (raise deductible to save on premium temporarily).

Make a spread sheet or excel file of everything you spent money, car note, insurances, utilities, groceries. Doing this will help you find money that's "leaking" out.

The thing that helps me the MOST is using cash. Twice a month I withdraw a predetermined amount. This is my money for groceries, eating out, stuff with kids, clothes...everything that's not a bill basically. Once that money is gone, it's gone until the next pay day. If I'm hungry and thinking about swinging through a drive through, but open my wallet and only see one $20 left and I know I'm out of milk and bread at home...I'll skip the drive through. Using cash is very visual and makes me prioritize how I spend it.


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Sarah - posted on 11/27/2011




Get "The Total Money Makeover" by Dave Ramsey from the library and follow his plans. It works great! He is a no nonsense kinda guy. You can also use his website and use his budgeting tools there as well.

Stifler's - posted on 11/24/2011




Yeah i agree you definitely need assistance there. also add up all your bills for the year and see where you can cut some to ease up of stuff you have to pay for.

Katherine - posted on 11/24/2011




You can get government assistance, go to your local DHS. $1,700 isn't anything to live on. With your family you could probably get 1,000+ in food stamps and maybe health insurance.
You really don't have a choice at this point......

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