New here....

**dansamy** · 03-20-2008, 10:02 PM

Hello all! I am new here. I am "starting over" in life. I have three children DS8, DD7, DS6 and myself. Our budget looks bleak. I am fortunate that I am educated and have a good job. (I am a nurse. I can move anywhere in the US and find a good job pretty quick.) My largest expense, naturally, will be child care. And that's discount child care provided by a family member. Here's what I think my budget will look like.

Income: $1200/biweekly

Outgo:

Child Care - $300/biweekly
Car - $445/mo
Insurance - $245/mo
Credit Card - $25
Cell Phone - $90/mo
Credit Card2 - $165/mo
Phone/Internet - $75/mo
Gasoline - $50/week
Electric - $150/mo
Water/Trash - $40/mo

I am assuming that I will not see any child support, so this budget relies only on my own income and at my usual 7 12s per biweekly pay period. It does not include working any extra. As you can see, this leaves "not much" for groceries. Any and all help will be appreciated. I know I will learn quite a bit from reading here.

**M55FF** · 03-20-2008, 10:17 PM

1200 bi weekly?

so 2400 a week?

thats
9,600 a month

maybe I should go back to being a RN...!!!
thats 115,200 a year, almost what my husband makes...

lol

**cissylu** · 03-20-2008, 10:21 PM

hello and welcome

**jvera** · 03-20-2008, 10:37 PM

welcome to the village!

**M55FF** · 03-20-2008, 10:37 PM

sorry no child support, that would really help a bunch

**dansamy** · 03-20-2008, 10:46 PM

I think I am using the wrong terminology. I mean I get paid every two weeks.

Nope, I looked it up to be sure. I am using it correctly.

Bi-weekly, sometimes referred to as fortnightly, is a reference to an event that occurs once every two weeks. A two week interval is equivalent to one fortnight. An example of a biweekly event would be the production of some magazines or the payday of some companies.

**M55FF** · 03-20-2008, 10:55 PM

I'm sorry I thought it meant 2 times a week to be bi weekly.

Guess you meant bi monthly ? ( not sure)

I was thinking that was a good salary at 100k a year

welcome, I am a nurse too

although not doing nursing anymore.

**dansamy** · 03-20-2008, 11:20 PM

I could make a 100k per year, but that would be travel nursing and I can't do that with kids as young as mine are and no spouse to hold down the home front.

**Sara Noel** · 03-20-2008, 11:38 PM

to frugal village.

**frugalfoster** · 03-20-2008, 11:54 PM

Welcome to the village, you will meet a lot of nice people here and gain alot of knowledge from their experiences. We're glad to have you aboard. My daughter is a RN in the operating room. Being a nurse is a great job and one with many rewards. we'll look forward to seeing your posts.

**dansamy** · 03-21-2008, 12:16 AM

Finishing nursing school was without a doubt the best financial decision I ever made. I know I can raise them and feed them on my own if that's what it takes. It will be a tight budget, but that's ok.

**brainyblonde** · 03-21-2008, 07:22 AM

Originally Posted by M55FF

1200 bi weekly?

so 2400 a week?

thats
9,600 a month

maybe I should go back to being a RN...!!!
thats 115,200 a year, almost what my husband makes...

lol

Bi-weekly is every 2 weeks - 26 pays per year. Twice a month is just that - 24 pays per year.

**bclements514** · 03-21-2008, 08:06 AM

Welcome.

You have come to a great place.

Do you not pay for any housing? Because with everything added up you still have $815.00 left. Could you lower your cell phone plan? My DH and I only pay 70 for both of us. What about your insurance? It seems high,I am not sure where you live but we pay 128 a month and that is for a great plan.

Just some ideas.