We are chugging right along. February, month 2, of our financial journey to gaining control over our finances. Let me tell you guys one thing no one said it would be easy.
2020 Finacial Journey
This month brought a lot of arguing. The last thing my husband wants to do on the weekend is to sit down and budget with me. However, everyone being on the same page is key to success. If one of you just does as they are told they will probably slip use the card or spend more then planned.
So, yes, there will be arguing even if you both want financial freedom. It is a shift in lifestyle it is a shift in your week. It is not easy, but stick with it you will get through. Finances are the #1 stressor in many marriages.
No worries though guys we will be fine, I just wanted to share because I think when couples budget and the stress and tension come in we don’t talk about it enough. It is a common thing couples go through.
Lessons learned February
The first lesson is to breathe. Money is a stressful thing when you are trying to dig yourself out of the hole. Be patient understand it will not happen overnight.
If you are in a relationship and doing this with a partner understand that you can’t do it alone. You have to work as a team. If your partner doesn’t want to help you have some serious decisions to make.
- January ’20
- February ’20
- March ’20
- April ’20
- May ’20
- June ’20
- July ’20
- August ’20
- September ’20
- October ’20
- November ’20
- December ’20
- 2020 Starting Debt: $68,700 (Car’s, Credit Cards, Student Loans)
- Month Debt: $67,300.00
- 2020 Debt Pay off: $1,400.00
Savings Tips: This month we reduced yet another bill. We called our cell phone/satellite company.
- We got rid of the phone insurance $9/phone (sorry if I have to pay $300 to replace my phone why have insurance when I can get a cheaper unlocked phone and just swap out the SIM card).
- We saw we were getting charged an additional $5 for a movie channel package channels we never watch
- We also got rid of our TV insurance $9/month
We wanted to change our plan that we spend $115 a month for unlimited everything but the cheapest we found was $100 a month and it was not unlimited. Therefore an extra $15 we get a better deal.
All together we are saving $32 a month and $384 a year.
So, my tip is to look over your phone and cable bill. Call the company and see if there is any way of lowering your bill.
Until next month,