My net income per month is 2698 and my expenses will be about 3250/month so I’m running a deficit of around 552/month. Mortgage eats up 51% of my monthly net income (hopefully I’m in no danger of foreclosure since it’s a 30 yr fixed), auto gas, heat and food are all higher than in years past. I can do something about the food bills (good thing I like PB, beans and rice LOL) but not about the gas and heat (more than what I’m doing). I also have 5 animals to take care of and they get the best food and medical care to help prevent illness and long term conditions. I have already gone to a cheaper high quality food for them and I’m not happy I can’t afford the highest premium food but at least it’s not supermarket brand and it’s safe.
One of my dogs will probably be rehomed within a year so that will help (I adopted him to prevent him from being put down but mine is not the perfect forever home for him). I’m also hoping to relocate to Western MA in the next year or so where the cost of living is just a tad cheaper and hopefully my commute to work will be a fraction of what it is now. In the meantime I’ve got some reserves to help with the deficit budget but I really don’t want to tap into it too much as I would like to save it for when I buy a new house.
I took this new job (which despite a $6K raise doesn’t net me anymore than my old full time non-contractor job) for a couple of reasons-I was working as a contractor at the same school for $35/hr but no benefits (had to buy my own health ins) after I left my other position out of desperation and this position hopefully will give me more marketability when the time comes to relocate(plus I’m contributing again to the state retirement plan and it’s really nice to have holidays off again plus vacation/sick time). I actually love this new position better than what I was doing before and it shows according to my friends plus I’m attaining new technology skills that should help tremendously.
I don’t go on vacations, dine out or have gym memberships. My Weight Watchers is free through my health plan and I use the library instead of buying books. The last time I bought any new clothes was in June (for the new contractor position) but I’m losing weight so a new wardrobe will be in order soon. I plan to check out the consignment/thrift shops.
So, I’m doing everything right and I’m still in the hole. What a bummer. I can go back to my part time job (retail which I really don’t like anymore) for $12/hr but it’s Sundays only. By doing that I would only be about $250 in the hole per month. I am checking out other possibilities but so far nothing is available. I would love to find a work from home job using my technology skills but have no idea how to find something like that. Most of what I see online is scam. Since I don’t get home from work most nites until 7 or 8 I really don’t want to be working until 9 or 10 outside the house.