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

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.

The Ikea showdown…Them vs. the Budget. May 24, 2009

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

I know it’s hard to stay on budget, especially in the summer. There is so much to do…and places to go…and things to buy. Last weekend it was a trip to Ikea… now it could have been a disaster…had we not had a plan. My wife worked it out and planned so that she knew how much she was planning to spend and then put a little extra in for those impulse buys. I on the other hand had no plans. I’m a free spirit when it comes to spending and that can be bad. I go to the store for a few things and come back an hour later with a $100 bucks worth of stuff. That does not help with getting out of debt. I have to thank my wife, she’s just wonderful, for all she has to put up with while we get out of debt.

Plan budget for any major  trips so that you know what it’s going to cost and how much you need to save. We got some great deals and stayed within our budget. If you ever go to Ikea check out their “as is section” before you leave. We got a TV stand already together for half the price. Wow, what a deal!

BlogCatalog April 15, 2009

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

Personal Blogs - BlogCatalog Blog Directory

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.

Quick Tip to Save Money doing your Taxes! March 9, 2009

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

There are several FREE or inexpensive online tax preparing websites listed on www.irs.gov . Go here and choose one that is right for you. Then use your tax forms from last year as guide for this year’s taxes. If I can do, so can you… Go save yourself some money.