When your output exceeds your income , then your upkeep will be your downfall.
This
is sound advice and is also almost a copy of something Charles
Dickens wrote in David Copperfield :
'My
other piece of advice, Copperfield,' said Mr. Micawber, 'you know.
Annual income twenty pounds, annual expenditure nineteen nineteen and
six, result happiness. Annual income twenty pounds, annual
expenditure twenty pounds ought and six, result misery. The blossom
is blighted, the leaf is withered, the god of day goes down upon the
dreary scene, and - and in short you are for ever floored. As I am!'
Micawber
is known for asserting his faith that "something will turn up".
His name has become synonymous with someone who lives in hopeful
expectation. This has formed the basis for the Micawber Principle,
based upon his observation.
A Micawber is
defined as "one who is poor but lives in optimistic
expectation of better fortune"
Although
Mr Micawber's story is not the way I want to end up! Better to be
more practical!
You
may be wondering where all this rambling is leading to. In
recent months it seems that our financial output exceeds the income
every single time! Bills bills and more bills!
Every
month there is something extra to pay. This time there were my DD's
school books. Nearly 500 euro! I did, albeit reluctantly, take her
old ones to see if I could sell them. Only 3 were still in use and I
received the great sum of 20 euro for new condition books! Most of
those she needs this year are new adoptions so weren't available
secondhand either.
I
really need to sit down and take a good hard look at our
expenditure.
I
started this month by writing down every single thing we have bought.
I need to know where the money is going and where I can cut spending.
I
have also written down all the meals from this month and am trying to
work out a meal plan for September. I hope to be able to make a
grocery list with just the essentials. I will try to cut food waste
to a minimum. This is something I had already been trying to do.
By
trying to walk a greener path I have already made several changes to
my lifestyle. Now I need to take this further in order to decrease
spending. Water bills are always high here so "turn off that
tap" is a must do. Electricity costs so washer loads must be run
when there is a full load. Too often I do a half load because I hate
having dirty washing lying around. I line dry my clothes and have
stopped ironing un-necessary things. Saves money and time!
In
the summer I almost never use the oven as it is so hot. When the weather cools
I will go back to baking bread again.
The
phone and internet is one fixed monthly amount so no problems with
that for now. I use a prepaid card for rare international calls to
family. With national ones I could talk all day if I liked!
So
hard to find other ways to cut spending. I rarely buy clothes unless
really necessary. We don't go out for meals. We don't smoke or drink.
From this month's
spending the only thing I can see we could have cut down on was buying
icecream!
I
will be scouring the web looking for ideas. I need to tip those
scales back the other way.
In
what ways do you save money? Any thrifty suggestions?