Do you ever feel like your stuff is just going to gang up on you and squish the living daylights out of you? Or is that just me?
There seems to be an out-of-control need for stuff in our world, and it gets tougher every year to resist the pull of all that bigger, better, more expensive stuff. I was reading The Wealthy Barber Returns (I know, it is hard to believe) and one of author David Chilton’s short chapters talked about how we in this time in history seem to have greater need for stuff than ever before, are never satisfied with what we DO have, and are constantly seeking new ways to get the stuff, even if it means (and it always means) going into debt. Bigger television, newer car, trendy clothes, a new cellphone every flipping year (WHAT is up with that??!), music, video games, home reno materials, more and more toys for all ages. The list goes on forever. And I am just as guilty as anyone, craving an iPad for the simple reason that it just looks cool.
All that being said, times are tight around here and we have experienced a complete shift in our thinking as a result. And you know what? I feel more happy and less stressed than I have in years. You know why? One simple reason. In the past, every time we spent money on things like those listed above, or on trips, weekends away, dinners out, knickknacks from Winners, whatever, I knew somewhere deep inside that we did not need them, AND we could not afford them. That creates a lot of stress. I am, of course, Queen of Denial, and we’re talking about a girl who once many unwise years ago took cash advances out on her Canadian Tire credit card to pay her rent. Ahem. So I could spend with the best of the spenders, and I did have that whole “I deserve it” mentality.
Times have changed, and with only one person in the family fully-employed at the moment, times HAD to change. And we have embraced it. In the process, we are not only getting by, but have paid off credit card debt and are continuing to save for our children’s education and our emergency fund. So, how do we do that? Well, let me share a few ways. I know there are lots of frugal living blogs out there, but if even one of our ideas helps someone save some cash, I would be happy.
We cut costs to the bone. As soon as we knew we were down to one job for the household, we wrote down all of our monthly expenses so that we would know just what we needed to continue. Then we started cutting, to make sure our lower income would still cover everything. I am an avid couponer, and I follow some great blogs like Mrs. January, Bargain Moose and Smart Canucks. These blogs tell me where to find the best coupons, how to find freebies and more. When I see my grocery bill come back showing me I saved 9 per cent (or even 33 per cent) by using coupons, I know it is worth it. That is our money and we are keeping it.
I also got rid of my credit card that charged a higher interest rate plus a monthly fee. Why should I pay for a service I can get from another company for free? I switched to a card that has no fee and I pay it off at the end of every month. Simple, right? But I have never ever done that before. Next I called the company which shall remain nameless but is pretty much the only provider of phone and internet service here. I had seen an ad on their website offering new customers a rate for phone and internet that was $35 less than what we were paying. I called and asked for that rate. The first person said no. I spoke to someone else, and was told again the rate was for new customers only. So I told him to cut my service, then I would just open up a new account the next day and be a new customer. Needless to say, I got the better rate, and he threw in the ultra high speed internet as well. We don’t make long-distance calls on the phone anymore, but do it online with Skype or the Google phone service.
Again, I say, why should we pay for something that another company will give us for free?
I have written before about our frugal Christmas, and we have continued to keep gift-giving to some pretty strict rules, which include a smaller budget and more handmade and upcycled gifts. I am also going to confess to a little driveway-surfing. I don’t know what the proper term is, but it happens when people just put unwanted items at the end of their driveways and other people come along and pick them up. One man’s junk is another woman’s treasure and all that. The girls and I were driving home from a visit last fall and saw this at the end of someone’s driveway, beside their trash bags.
Can you believe it?? It’s a beautiful dollhouse. The girls love it.
Just yesterday we were saying that we needed a little school desk for homework. I was driving home later that same day and guess what I saw? A fab retro school desk, made of sturdy chrome and some kind of indestructible melamine-like stuff, just sitting on the side of the road. I screeched to a stop, backed up, snagged it and took it home. It is PERFECT. And free.
Twenty years ago I would have cringed at the very idea of taking someone else’s cast-offs, but now I know better. With everyone buying new things constantly, “cast-offs” are often as good as new. Times change, and so do I.
There are SO many ways to change your mindset on spending and saving, and no one way works for everyone. Next time, I will share a few more ways we are trying to make a difference, while also teaching our daughters about sensible consumption. Stay tuned!
What are some of the things you do to save money and cut corners? I would love to know.