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  1. #1
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    YMo7 is offline 37 week ultrasound of our baby girl
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    Default Help me budget better please.

    For all you money savvy people out there in BH land...

    How do I save and extra $370 per fortnight?

    My DH just started a new job and he isn't getting what he used to so now I need to know how to make ends meet...

    PS. I work for myself and I haven't accounted for any of my earnings as they vary so much.

    We are a family of 10 (4 adults in the house - 6 children)

    Please help me come up with ideas!

    PLUS What would you expect to pay for a fortnights worth of groceries for us all?

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    Well the first thing you could do is go through your expenses and see if there are any you can cut out or reduce. For example when we did this we ended up cutting off our foxtel as it was an unnecessary expense, also we stopped buying bottles of water when out (it all adds up) and started taking re-useable water bottle bottles everywhere, DH called up up our insurance companies etc and asked for better deals - often companies will do you a better deal if they think you will leave or you could look at changing companies.

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    YMo7  (25-01-2012)

  4. #3
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    YMo7 is offline 37 week ultrasound of our baby girl
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    Thanks, I have done those things - we don't have foxtel, etc. i need internet for my work. i cut groceries back to $300 per fortnight (i have a task ahead of me there!), paying our home loan fortnightly instead of monthly now. we don't buy snacks etc while we are out - we take our own.

    do you think i could cut back groceries even more?!

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    We've started eating mostly vegetarian which has dropped our food budget significantlly. We still eat fish a couple of times a week and occasionally chicken but replacing red meat with chick peas and other proteins. We did it because we want to be healthier but we did notice our grocery bill drop.

    As MothersMilk mentioned, have a look and think about where your money is going and work out whether something is *really* needed. For example, if you have your nails/hair/tans done regularly or your DH buys a daily sausage roll or whatever, work out whether you actually *need* them.

    Make sure your DH takes a packed lunch with him, they add up.

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    YMo7  (25-01-2012)

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    YMo7 is offline 37 week ultrasound of our baby girl
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    yup - he takes lunch with him - and i cook everything from scratch to save more money - even taco seasoning last week with diced beef i found in the back of the freezer and tortillas i found on special. we grow our own veggies (for the enjoyment, but its great we can save at the same time).

    i might approach my dh about eating less red meat and see how i go.

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    I think $300 a fortnight for 10 people is already tight enough - i wouldn't try and go any lower.
    It's hard to say what else you do without really knowing where your money goes, if you have already looked at your expenses and cut back as much as you can i'm not sure what else you can do - hopefully someone will have some more suggestions.

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    maybe i shouldn't be trying to save at the same time? and i could prob use $30 less petrol... if we were super organised i could drop that back even more!

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    thanks.
    my business is likely to generate that but i am hoping that we can use the business for "spare" money and use dh's work for bills etc so i don't have to rely on my customers paying invoices on time.

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    Whats your business? Perhaps you could save some money there.

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    Hi,

    I can't really give you specific help unless I could see a list of income / expenditure, but general stuff...

    market instead of coles/woolies for cheaper vegies
    fuel vouchers
    try to combine phone/internet/mobile accounts or go down to a cheaper rate
    remove any unneccessary fixed or variable costs

    sorry I couldn't be more helpful!


 

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