More going out than coming in
Page 1 of 4 1234 LastLast
Results 1 to 15 of 49
  1. #1
    Registered User
    Join Date
    Sep 2011
    Posts
    14
    Post Thanks / WTG / Hug
    Rep Power
    0

    Default More going out than coming in

    Like the title said. We have more money going out than coming in, and it's going to get a lot worse when winter comes.
    I spent the day yesterday reviewing this forum, and I'm feeling a lot better knowing that I'm not totally alone, and I'm getting some ideas from what others are working on here.

    Here's what I'm working with :

    Income : about $574 every 2 weeks.
    Food Stamps : $248 ( just got approved)

    Mortgage : $377

    Gas / electric :$139.00 it will go up as soon as the heater starts running. Last year it was $350ish in the winter.

    Phone, internet, direct tv : 88.50

    Auto ins min due $149.24 next month.

    CC1 : $4131 min due $85

    CC2 : $202.95 min due $62

    CC3 : $1518 min due $141

    CC4 : $ 117 min due $25

    CC5 : $96.36 min due $25

    2 prepaid phones @ $25 a month each

    At this point everything is current except for the electric bill.

    I don't know what I'm spending on gas for the car. Probably $80 a month if I just go to work.

    I work out side of the home.

    DH has been the stay at home parent, but now that DD is in school all day he is looking for work. ( or he says he is)

    DD is 7 and a full time first grader.

    I'm pretty sure I qualify for an Assurance wireless ( free) phone and once Dh's phone has minutes to last a couple of months ( they rolled over)

    I have an appointment for the weatherization program this week.

    The car is paid off and I talked to the ins co about lowering the rate. They could only go down about $25 a month.

    I'm not sure what to do about next month. I won't be able to cover everything again.

    Someone told me that as long as I pay the credit cards something they won't charge late fees.

    Or should stop paying the highest and pay off the lowest ones?
    Then resume paying on the higher ones?

    I'm not sure how to tackle this.

  2. #2
    Registered User
    Join Date
    Oct 2007
    Posts
    4,525
    Post Thanks / WTG / Hug
    Rep Power
    0

    Default

    Since you just got accepted for food stamps I would suggest you apply for heating assistance and in the summer electric assistance. Some states will automatically put you in the system when you are on food stamps. Just need to make some calls. Usually your utility bill will have numbers to call for HEAP or LIHEAP. That should also help with you utility bill. At you appointment with the weatherization people they should also be able to point you in the right direction to get assistance.

    As far as credit cards go, you can talk with someone at a non-profit credit counseling place over the phone. They may be able to help lower you total amount owed or help you negotiate a price to pay but you would need to go for an appoinment.

    Your husband might be able to find some part-time work helping people with their lawns. With fall here many people need help keeping up with the leaves or even getting their house ready for the winter.

    Do you have any items you can sell on e-bay? Do you have enough items to have a yardsale?

  3. #3
    Registered User
    Join Date
    Sep 2011
    Posts
    14
    Post Thanks / WTG / Hug
    Rep Power
    0

    Default

    Quote Originally Posted by shoiji View Post
    Since you just got accepted for food stamps I would suggest you apply for heating assistance and in the summer electric assistance. Some states will automatically put you in the system when you are on food stamps. Just need to make some calls. Usually your utility bill will have numbers to call for HEAP or LIHEAP. That should also help with you utility bill. At you appointment with the weatherization people they should also be able to point you in the right direction to get assistance.

    As far as credit cards go, you can talk with someone at a non-profit credit counseling place over the phone. They may be able to help lower you total amount owed or help you negotiate a price to pay but you would need to go for an appoinment.

    Your husband might be able to find some part-time work helping people with their lawns. With fall here many people need help keeping up with the leaves or even getting their house ready for the winter.

    Do you have any items you can sell on e-bay? Do you have enough items to have a yardsale?
    I have not had much luck with getting help with the credit cards in the past. I don't think any one wants to help me with them as long as they are current, which they are at the moment.
    I tried to talk DH into selling a couple of guitars, but he's not going for it.
    He's willing to sell plasma though

  4. Remove Advertisements
    FrugalVillage.com
    Advertisements
     

  5. #4
    Registered User nodmicks's Avatar
    Join Date
    Sep 2004
    Posts
    6,988
    Post Thanks / WTG / Hug
    Rep Power
    45

    Default

    Is there any chance you can roll the CC's to cards with a lower interest rate? Honestly it looks like you are doing what you can to keep expenses way down. I assume it is cheaper to keep the bundle than drop Direct tv because of contract? Just guessing by the price you have.

    If dh is not working does he need a pre paid?

    Can you both do plasma?

    I would also insist dh make it his full time job to be looking for a job. Please don't take this as me being a jerk. My 18 year old had his hours cut from 36 to 8 a week. He has spent tons of time looking for work applying and making calls and follow ups. If a 18 year old boy can do it so can a hubby and father. Temp agencys are a good way to get training and a foot in the door. Craigslist has lots of short term " gigs" for $.

  6. #5
    Registered User Uniwolf's Avatar
    Join Date
    Jun 2011
    Location
    NW Arkansas
    Posts
    329
    Post Thanks / WTG / Hug
    Rep Power
    13

    Default

    I would also look into a couple of different insurance companies, basically $150 a month for a car that is not financed seems fairly high to me. But I also realize that I don't know your state limits, your and hubs's driving record ect. But still worth a couple of calls or online inquiries.

  7. #6
    Registered User brenda67's Avatar
    Join Date
    Feb 2005
    Location
    paradise
    Age
    53
    Posts
    3,488
    Post Thanks / WTG / Hug
    Blog Entries
    1
    Rep Power
    28

    Default

    HUGS..You say your car is paid off? You need to shop around for different auto insurance..Our cars are paid off we did drop collision and have the minimum coverage and we pay $800.00 a year for a 1999 GMC truck & 2004 Trailblazer..


    Social services should help you become current on your Electric bill...Where I live we have a option to have a payment plan maybe you can check into it..

    If you are finding yourself unable to pay your bill's I would stop paying on the credit cards..I know no one will agree with me on this but I really don't care what anyone think's..#1 is a roof over your head,food,heat and go down the priority list from there..


    Do you use coupon's? I save quite a bit by matching coupon's with sale item's.

    Making thing's from scratch is also a real money saver..meaning making your own breads,cookies
    even your cleaning supply's.

    I have power strip's in every room another money saver..

    I agree your husband need's to find ANY job asap or sell his quitar's..

    I wish you all the best..You WILL get through this bumb in the road..

  8. #7
    Registered User
    Join Date
    Sep 2011
    Posts
    14
    Post Thanks / WTG / Hug
    Rep Power
    0

    Default

    Quote Originally Posted by nodmicks View Post
    Is there any chance you can roll the CC's to cards with a lower interest rate? Honestly it looks like you are doing what you can to keep expenses way down. I assume it is cheaper to keep the bundle than drop Direct tv because of contract? Just guessing by the price you have.

    If dh is not working does he need a pre paid?

    Can you both do plasma?

    I would also insist dh make it his full time job to be looking for a job. Please don't take this as me being a jerk. My 18 year old had his hours cut from 36 to 8 a week. He has spent tons of time looking for work applying and making calls and follow ups. If a 18 year old boy can do it so can a hubby and father. Temp agencys are a good way to get training and a foot in the door. Craigslist has lots of short term " gigs" for $.

    Yes we are locked into the bundle contract.

    Dh's phone is paid up for the next few months, then we won't be adding minutes until we can afford it.

    Yes we both can and will be donating plasma.

    This is going to make DH look very bad, but he has to pay some hefty fines to get his drivers license back making his options more limited in finding work.
    He can find something that he can do at home, or someplace he can walk to.
    Our plan was for him to start looking as soon as DD was in school full time. I would have been home before she get's off the bus, but for some reason my boss has been bouncing me between days and afternoon shift. Putting a kink in the plan.

  9. #8
    Registered User mh3rdwheel's Avatar
    Join Date
    Apr 2011
    Location
    Wheeling WV
    Age
    53
    Posts
    649
    Post Thanks / WTG / Hug
    Rep Power
    12

    Default

    Quote Originally Posted by Jblank6072 View Post
    Like the title said. We have more money going out than coming in, and it's going to get a lot worse when winter comes.
    I spent the day yesterday reviewing this forum, and I'm feeling a lot better knowing that I'm not totally alone, and I'm getting some ideas from what others are working on here.

    Here's what I'm working with :

    Income : about $574 every 2 weeks.
    Food Stamps : $248 ( just got approved)

    Mortgage : $377

    Gas / electric :$139.00 it will go up as soon as the heater starts running. Last year it was $350ish in the winter.

    Phone, internet, direct tv : 88.50

    Auto ins min due $149.24 next month.

    CC1 : $4131 min due $85

    CC2 : $202.95 min due $62

    CC3 : $1518 min due $141

    CC4 : $ 117 min due $25

    CC5 : $96.36 min due $25

    2 prepaid phones @ $25 a month each

    At this point everything is current except for the electric bill.

    I don't know what I'm spending on gas for the car. Probably $80 a month if I just go to work.

    I work out side of the home.

    DH has been the stay at home parent, but now that DD is in school all day he is looking for work. ( or he says he is)

    DD is 7 and a full time first grader.

    I'm pretty sure I qualify for an Assurance wireless ( free) phone and once Dh's phone has minutes to last a couple of months ( they rolled over)

    I have an appointment for the weatherization program this week.

    The car is paid off and I talked to the ins co about lowering the rate. They could only go down about $25 a month.

    I'm not sure what to do about next month. I won't be able to cover everything again.

    Someone told me that as long as I pay the credit cards something they won't charge late fees.

    Or should stop paying the highest and pay off the lowest ones?
    Then resume paying on the higher ones?

    I'm not sure how to tackle this.
    Sinc you ge food stamps you are eligible, I have an assurance wirless phone, the minutes are added monthly. call welfare office and ask about how to get the application to fill out for the phone.

    With the electric I would maybe go to the salvation army, or even ask welfare (DHHR) if they know who helps with utilities. Good luck.

  10. #9
    Registered User
    Join Date
    Sep 2011
    Posts
    14
    Post Thanks / WTG / Hug
    Rep Power
    0

    Default

    Quote Originally Posted by brenda67 View Post
    HUGS..You say your car is paid off? You need to shop around for different auto insurance..Our cars are paid off we did drop collision and have the minimum coverage and we pay $800.00 a year for a 1999 GMC truck & 2004 Trailblazer..


    Social services should help you become current on your Electric bill...Where I live we have a option to have a payment plan maybe you can check into it..

    If you are finding yourself unable to pay your bill's I would stop paying on the credit cards..I know no one will agree with me on this but I really don't care what anyone think's..#1 is a roof over your head,food,heat and go down the priority list from there..


    Do you use coupon's? I save quite a bit by matching coupon's with sale item's.

    Making thing's from scratch is also a real money saver..meaning making your own breads,cookies
    even your cleaning supply's.

    I have power strip's in every room another money saver..

    I agree your husband need's to find ANY job asap or sell his quitar's..

    I wish you all the best..You WILL get through this bumb in the road..
    Quote Originally Posted by Uniwolf View Post
    I would also look into a couple of different insurance companies, basically $150 a month for a car that is not financed seems fairly high to me. But I also realize that I don't know your state limits, your and hubs's driving record ect. But still worth a couple of calls or online inquiries.
    I will defiantly call around about the auto insurance. I have my homeowners through them too, so perhaps I can get a better rate on that too.

    The food stamps will go a long way here, and DD get's free lunch and breakfast.

    I get all excited about using coupons, but I have no follow through, but maybe I can concentrate on household goods.

  11. #10
    Registered User nodmicks's Avatar
    Join Date
    Sep 2004
    Posts
    6,988
    Post Thanks / WTG / Hug
    Rep Power
    45

    Default

    It doesn't make your dh look bad just human. We all make mistakes. Do you have city transit in your area? Depending on exactly how hefty the fines are it might be worth it if you could swing it.

  12. #11
    Registered User Imarachne's Avatar
    Join Date
    Mar 2009
    Location
    Virginia
    Posts
    623
    Post Thanks / WTG / Hug
    Blog Entries
    27
    Rep Power
    15

    Default

    There are always ways to cut back and sometimes you may have to do without like cable . Good luck with your plan--you will get lots of support here !!

  13. #12
    Registered User brenda67's Avatar
    Join Date
    Feb 2005
    Location
    paradise
    Age
    53
    Posts
    3,488
    Post Thanks / WTG / Hug
    Blog Entries
    1
    Rep Power
    28

    Default

    Another thing I wanted to mention is try going to your local Library and get a book called Tightwad Gazette by Amy Dacyczyn this book will show 100's of way's to save money..

    Could you tell me what state you live in? Does your grocery stores double coupon's?

    I went to my local convience store and asked the manager if I could have all their unsold coupon insert's out of their Sunday paper's..I get my coupon's for free..

    When I worked I brought my lunch EVERYDAY and so did my dh..

    I also had the coffee pot ready to go including the coffee cup & spoon,sugar & powered coffee creamer right next to it so all I had to do was turn the coffee pot on..

    I wash all my clothes in cold water and line dry 99% of the time.

    I make my own laundry detergent..You only need 3 tablespoons of detergent..Vinegar for your rinse..I use cheap fabric softener while I can afford it..

    I make freezer meal's so when I'm sick or to tired to cook I just pull a meal out of the freezer..example meatloaf,meatball's,stuffed pepper's,soups,chowder's,casseroles ..

    When my stores have a good sale on meat I buy extra of that item to buildup my stockpile..

    I hope this help's you...Please let me know if you have any questions that I might be able to help you with in any of my post's..

  14. #13
    Registered User nodmicks's Avatar
    Join Date
    Sep 2004
    Posts
    6,988
    Post Thanks / WTG / Hug
    Rep Power
    45

    Default

    Oh good suggestion on the TWG Brenda!

  15. #14
    Registered User
    Join Date
    Sep 2011
    Posts
    14
    Post Thanks / WTG / Hug
    Rep Power
    0

    Default

    Quote Originally Posted by brenda67 View Post
    Another thing I wanted to mention is try going to your local Library and get a book called Tightwad Gazette by Amy Dacyczyn this book will show 100's of way's to save money..

    Could you tell me what state you live in? Does your grocery stores double coupon's?

    I went to my local convience store and asked the manager if I could have all their unsold coupon insert's out of their Sunday paper's..I get my coupon's for free..

    When I worked I brought my lunch EVERYDAY and so did my dh..

    I also had the coffee pot ready to go including the coffee cup & spoon,sugar & powered coffee creamer right next to it so all I had to do was turn the coffee pot on..

    I wash all my clothes in cold water and line dry 99% of the time.

    I make my own laundry detergent..You only need 3 tablespoons of detergent..Vinegar for your rinse..I use cheap fabric softener while I can afford it..

    I make freezer meal's so when I'm sick or to tired to cook I just pull a meal out of the freezer..example meatloaf,meatball's,stuffed pepper's,soups,chowder's,casseroles ..

    When my stores have a good sale on meat I buy extra of that item to buildup my stockpile..

    I hope this help's you...Please let me know if you have any questions that I might be able to help you with in any of my post's..
    We are doing a lot of this already, except for the coupons.
    I can snag those at work though.
    We very rarely have convenience foods. DH being at home gives him time to cook from scratch.

    I'm interested in making my own detergent though.

  16. #15
    Registered User brenda67's Avatar
    Join Date
    Feb 2005
    Location
    paradise
    Age
    53
    Posts
    3,488
    Post Thanks / WTG / Hug
    Blog Entries
    1
    Rep Power
    28

    Default

    4 Cups - hot tap water
    1 Fels-Naptha soap bar
    1 Cup - Arm & Hammer Super Washing Soda*
    ½ Cup Borax

    - Grate bar of soap and add to saucepan with water. Stir continually over medium-low heat until soap dissolves and is melted.

    -Fill a 5 gallon bucket half full of hot tap water. Add melted soap, washing soda and Borax. Stir well until all powder is dissolved. Fill bucket to top with more hot water. Stir, cover and let sit overnight to thicken.

    -Stir and fill a used, clean, laundry soap dispenser half full with soap and then fill rest of way with water. Shake before each use. (will gel)
    Yield: Liquid soap recipe makes 10 gallons.

    -Top Load Machine- 5/8 Cup per load (Approx. 180 loads)

    -Front Load Machines- ¼ Cup per load (Approx. 640 loads



    This is the Duggard's recipe..I bought all the ingredient's at Walmart for less than $7.00...HTH..

Page 1 of 4 1234 LastLast

Similar Threads

  1. Coming up for air!
    By MomToTwoBoys in forum General Chat
    Replies: 2
    Last Post: 04-09-2012, 03:38 PM
  2. It's coming! It's coming!
    By MomToTwoBoys in forum General Chat
    Replies: 23
    Last Post: 11-19-2010, 05:46 AM
  3. How's your EF coming?
    By Natalie in forum General Chat
    Replies: 17
    Last Post: 09-21-2009, 06:51 PM
  4. Coming up
    By Patty A in forum New Year
    Replies: 9
    Last Post: 12-26-2008, 02:33 PM
  5. Coming up Next...
    By AmyBoz in forum Home and family challenges
    Replies: 10
    Last Post: 01-22-2006, 04:57 AM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •