As with many, our current debt load frightens us. The bulk of our debt is in two main areas, our mortgage and our student loans. The rest, quite minor in comparison are a line of credit and our rotating credit card bills. The line of credit financed house repairs, including the nearly burning down house electrical stuff. In all, its typical debt and the kind you are told not to worry too much about.
But my husband is stressing out about this a lot and I’m not far behind. I’ve tweaked and played with our money situation as much as I can and think I’ve struck an amazing balance. I’ve maximized every penny to put us in a situation where we are tackling our “optimizing” our dollars and aggressively tackling our debt.
This is something that I tackle alone. Its not something I like doing alone but somehow that is what happens in our marriage.
Anyhow my husband told me the other day that we need to cut all spending that we can and pay off even more debt faster.
Since my grocery budget is already ridiculously low because of extenuating circumstances for which I am ever grateful [in other words, have some dear friends and family move far, far away and assume their perishables], I sat there looking at the budget and determined two more areas where we can push our budget to its lowest of lows.
1a. Daddy can shower at work. Our water bill is high… Daddy takes showers daily and takes long showers daily. Daddy can take free showers at work as hot as he likes.
1b. We can wear our clothes longer between washes. Namely my daughter can wear the clothes between washes. No more cleaning her room by dropping her laundry… into the dirty laundry pile.
2. We go car-less for the summer.
So far… daughter agreed she could wear her clothes more as did her brother and I.
Daddy refused to comment on proposed changes.
For the record, I wasn’t expecting Daddy to agree. But perhaps, next week when I propose going vegetarian for dinners a week Daddy might be more receptive of the idea…
ha, ha, ha!