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05-15-2008, 01:24 PM #1
June, 2008 challenge - One income living.
Hi everyone,
My challenge to myself in June, 2008 is to live off of one income. I choose my fiance's income because he gets paid twice a month where I am only paid monthly. Also he is paid slightly less than I do so it's a greater goal for me.
An article from MSNBC inspired me.. I can't post the url for it yet unfortunately.
For me the challenge is to just live off the one income, any credit card debts will come out of my paycheck but debts such as mortgage, car payment etc will be included in his.
Anyone interested in joining me in June?
- 05-15-2008, 02:49 PM #2Registered User
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I'd join you... but we are doing that now.
I just wanted to wish you the best on your challenge!!!!
I can't be out of money... I still have checks left!
Momma to the DivaMy Blog: frugaldomesticgoddess.wordpress.com
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05-15-2008, 02:52 PM #3Registered User
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We actually did this for a couple of years before retirement. It was a great experiment that allowed us to save and to tweak our spending habits before retirement actually set in.
Let us know how it goes for you; perhaps a monthly update??Spiritual:
"You are fearfully and wonderfully made." Please... respect life.
Financial:
Debt free, hoping to stay that way!
MY BLOG: glorybug.wordpress.com
1. Keep on writing.
2. Get some balance in my life.
3. Lose weight. Hopefully 20# this year.
4. Continue to be looking for how God wants to use me this year.

05-15-2008, 09:14 PM #4
I'm in for the month of June. Will use my husband paycheck. This will be a big challenge because we have a trip planned for this month.
05-15-2008, 09:58 PM #5
LOL, I like Lady-V am already living off one paycheck but I wish you and everyone else who joins the challenge good wishes. It certainly can be done.
05-15-2008, 10:06 PM #6
sorry we need both ours for basic stuff .. but i think its awesome that you can do that!! and wish you the best of luck
05-15-2008, 10:24 PM #7"Life is what happens while you are busy making other plans." John Lennon
"Infinite goodness has wide arms." Dante
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05-16-2008, 11:10 AM #8Registered User
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Good luck to you! We are already doing that too, so I'll be joining you in spirit!
I think you'll find it to be easier than expected!
05-16-2008, 11:18 AM #9
05-16-2008, 02:15 PM #10
We have been living off one income for the past 8 years.
05-21-2008, 03:23 PM #11
This is an outstanding challenge idea. I only wish we had our spending under enough control to do this. We're working on it though...
Good luck!
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