My dd is 2 years old and I'm a SAHM.
I do work on Saturdays but its helping out family, I do get paid for it.
We can pay all our bills etc, its just we are left with nothing after all that.
No savings.. Nothing.
We had to use our credit card a few times in an emergency and I hate that that's what we rely on, we have had to increase it a few times because something like car troubles come up, medical emergency.. I really want to build a savings for those purposes and get rid of the card.
We rent and obviously one day we would love to own our own home, which IS impossible right now.
I'm now considering just going back to work full time, but I know I wouldn't be happy and I would regret it.
The thing is, our daughter could be the only child we ever have, I have fertility issues as does my husband.
IVF is just something we can't afford,
I'm really blessed just to have our daughter, it's something we have come to accept and if we only have her then we are more than happy with that.
But, we always said I would stay at home with her until she was in school, I do not want to miss any of it, she has already grown so quickly.. I'm afraid that if I start working it will all just slip away from me.
But I hate that we don't have savings, I hate the feeling of just making it by, hate the feeling that birthdays and Christmas send us broke.
Im going to be honest, I know there is a few areas we overspend in.
And I need help with how to change that.
- we aren't strict on electricity.. Our bill is usually $700-$800 a quarter!!!! Which I know is beyond huge.
- our water is above average.. We defiantly could be saving there.
- food shopping has gone down, but I know it could be better $250 a F/N for the 3 of us, $300 every now and again when cleaning products and toiletries are needed.
- credit card.. Well.. We suck with it!!
At tax time we are all proud because we paid the dam thing off.. Then we just go spend on it!
I really want to cut the thing up!
Repayments on that are a killer.
- we have 3 animals.
2 small dogs, 1 cat.
The cat eats home brand.. The dogs eat special vet food because if they eat anything else they get upset stomachs.. Is there a way to make your own dog food?
Because the dog food costs us $80 a month.
Then flea treatments, worming and all that also cost us monthly.. We use front line but I don't know if that's a cost that can be cut down.
I've had the dogs for 9 years, I would hate to have to get rid of them, the cat we would consider finding a new home for, he is old and we can't give him the attention we once could.
- when we do get extra money, I will admit, we don't tend to put it away, it's gets spent on things that seem necessary at the time, but looking back it was more of a "I want" purchase. So I'm more than willing to learn how to control my spending.
- our car is cheap to run, we own it and it costs us nothing so that's handy!
But when things like services or little fixes need doing we struggle to find the money.
The big things that kill us are
- the credit card
- water and electricity
- car rego and services
- extra "Want" purchases
I'm after any advise, any tips, I would be more that happy to hear your budgets on things like power, water, food, car, pets anything like that so I can aim for something better.
I need to change out spending habits ASAP.
I'm going to give myself 6 months to turn it all around so we are on a better path, my husband and I have agreed that if in 6 months time nothing has changed then its back to work for me.
I'm really after any advise that you can offer.
Thank-You in advance
*Im sorry about typos, there is most likely many*