jump to navigation

The $200 Grocery Challenge! August 11, 2009

Posted by 2bdebtfree in Financial Debt Budget.
Tags: , , ,
add a comment

It’s amazing how much we spend on our food budget alone in just one month. We spend an average of $73 on going to the grocery store each week, but we also spend money on going out to eat.That adds up quick in the budget.

This month my wife has sent out a challenge for us. We are going to eat for less than $200 this month. When you break that down, that is only $2.15 a meal for 3 people. Luckily, our son goes to daycare and his lunch will not be included in our equation and we don’t always eat breakfast. Even with that, it still doesn’t leave much room. We are getting organized and planning our meals out ahead of time and sticking with basic meals rather than making something fancy. It may also not be the healthiest foods. We found many of the foods that are less expensive are also less healthy. Our goal is to take the extra money we save and put it on debt. The sooner we are out of debt the better.

To eat cheap try some of these meals.

Look for items you can put together for less than $3 a meal.

• Fish Sticks and Mac & Cheese $1.75 – $2.50

• Spaghetti Sauce and Pasta (No Meat) $1.50 – $2

• Baked Chicken & Frozen Vegetables $2.50 – $3

• Hot Dogs & Tatertots $1.75 – $2.50

• Salad and chopped ham $1.50 – $2

• Chicken & rice $2 – $3

• Even Cheap Frozen Pizza $2.50 – $3

Bankrupt: Not Always! June 26, 2009

Posted by 2bdebtfree in Financial Debt Budget.
Tags: , , , , , , , , , ,
add a comment

If you feel that you are bankrupt, you are not alone. Many families give up the fight before they even try to get out of debt. Bankruptcy should not be your only answer. It can haunt you for 7 years on your credit. It can effect you getting a loan, getting a job and your marriage. It’s tough for families that go through something like this. Look at our 9 steps to getting out of debt and see if they can help lead you down a different path. If you need help, contact us.

Brown Bag It: This Summer for Lunch. June 24, 2009

Posted by 2bdebtfree in Quick Tips.
Tags: , , , , , , , , , , , , , ,
add a comment
You can sometimes find Banquet meals for less than $1.

You can sometimes find Banquet meals for less than $1.

A quick tip to save money is to not go out for lunch. Many execs and middle managers get comfortable going out with clients for lunch because they don’t have to pick up the check, but this can become a bad habit and even when they don’t have meetings they will still go out. It’s not that you have to bring your lunch all the time to work but it will save you money. Get organized and you can buy a frozen dinner for $1 – $3.50 or even bring leftovers for next to nothing. Most of the time you will spend anywhere from $5 – $12 for lunch. That’s 3 times as much! If you bring your lunch and just save that $4 each day, you will save an extra $1,000 each year for your budget. Just imagine, if you were someone that spends $12 on lunch every day, you could save up to $2,750 each year. You could use that money to pay down debt, use it for your next goal or spend that money on an all-inclusive vacation. This is a great way to save money and get out of debt. Watch the newspaper grocery ads for hot buys on frozen meals. Especially, at the first of the year, you can get some really great deals on healthy meals.

BlogCatalog April 15, 2009

Posted by 2bdebtfree in Financial Debt Budget.
Tags: , , , , , , , , ,
add a comment

Personal Blogs - BlogCatalog Blog Directory

Join Today! Debt Freedom Class Social Network April 8, 2009

Posted by 2bdebtfree in Financial Debt Budget.
Tags: , , , , , , ,
add a comment

Today we launched the Debt Freedom Class Social Network. Join today at http://debtfreedomclass.ning.com/

Work together to learn to organize your bills, cut spending and eliminate your debt. Tell your friends and family now is the time to become debt free.

Baby Bill Blues…Don’t Cry for Us. April 4, 2009

Posted by 2bdebtfree in Financial Debt Budget.
Tags: , , , , , , , , , , , , ,
1 comment so far

In 2008, my wife and I decided that we needed to get on a budget. It wasn’t easy and we worked on it, month after month. At the beginning of the year, I took a second job and worked from home for 6 months to make some extra cash to pay for the baby delivery. We started to make progress in January, but in February everything was put on hold because I fell and broke my hand on some ice. This set us back around $2,500 and we then owed even more than what we did at the beginning of the year. But we worked hard, and paid our debts down and paid $11,700 in really 10 months. Did I forget to mention that we also had a baby in June! By the time the baby came we had already paid down our debt that we didn’t even include our debt from the baby delivery. We had all of our Baby Bills paid within 2 months because we had saved and planned for him to come.

Don’t let the Debt Get You Down! March 16, 2009

Posted by 2bdebtfree in Financial Debt Budget.
Tags: , , ,
Don't Stress about Unhealthy debt. Get Rid of Debt!

Don't Stress about Unhealthy debt. Get Rid of Debt!

Starting out is the hardest part. When you get started and make a budget you might be a little saddened by where your money goes every month. It’s different with everyone. Maybe you spend it eating out, clothes shopping or things. “Things” add up. Make sure you include some “blow” money that you can spend on anything in your budget. Just remember, once the money is gone, it’s gone.

Now that you have figured out that you need some blow money and how much (that is up to you). You are going to need to find out where you can cut some spending. This is a small step in getting out of debt, but it can add up quick if you really tighten up the spending.

Start with the big expenses!

Home Insurance
Car Insurance
Car Payments
Eating Out/Drinking
Cell Phone Bill
Home Phone Bill
YMCA/Country Clubs
Beauty Treatments

This is just a short list of monthly bills to see what you can trim from your budget.