My husband and I are starting our journey to financial peace. I was hoping we could get some advice on what else we could do to save more money and get ahead a little quicker.
We make approximately $1600/month after taxes. Our expenses per month are as follows:
Rent: $440
Electricity: $75
Cable/Internet: $80
Car Insurance: $45 (was $67 but we sold 1 of our cars)
Groceries: $200 ($50 per week)
Gasoline: $100 ($25 per week)
Phone: $30
Laundry: $30 (no washer/dryer at our apartment - we use laundry mat)
Car Maintenance: $25
Credit Card: $75
Cat Food: $6
After all of our expenses, we are putting in about $400 in our savings account each month.
For more background:
At home it's just me, DH, and our kitty Flakes. We don't have children and don't plan on having them anytime soon. Probably TMI but we have about 75 condoms from a deal at Target back in October so we won't need those anytime soon. We have shampoo, soap, feminine products, and cleaning supplies pretty well stocked but we have to buy toilet paper and trashbags every month.
Are there any things we should do to cut back on expenses even more? I am ready to get $1000 in our savings account so we can move on to paying off our credit card. We have about $3900 in debt right now.
We make approximately $1600/month after taxes. Our expenses per month are as follows:
Rent: $440
Electricity: $75
Cable/Internet: $80
Car Insurance: $45 (was $67 but we sold 1 of our cars)
Groceries: $200 ($50 per week)
Gasoline: $100 ($25 per week)
Phone: $30
Laundry: $30 (no washer/dryer at our apartment - we use laundry mat)
Car Maintenance: $25
Credit Card: $75
Cat Food: $6
After all of our expenses, we are putting in about $400 in our savings account each month.
For more background:
At home it's just me, DH, and our kitty Flakes. We don't have children and don't plan on having them anytime soon. Probably TMI but we have about 75 condoms from a deal at Target back in October so we won't need those anytime soon. We have shampoo, soap, feminine products, and cleaning supplies pretty well stocked but we have to buy toilet paper and trashbags every month.
Are there any things we should do to cut back on expenses even more? I am ready to get $1000 in our savings account so we can move on to paying off our credit card. We have about $3900 in debt right now.