Frugal Challenge Year - 2008
I’m planning a frugal year for 2008 so it’s to spend wisely and only on needs, planned purchases and emergency replacements, so if I can do without it I will.So planning a very minimum frugal year by using what in the house or can be borrowed. This includes some food items, laundry & toilet paper, toiletries, linen, household goods, cookware, books, clothes & underwear etc, (buying only if I change sizes too much in clothing).
♦ ~ No Spending but for planned items. (If I have an item in the house or can borrow it, then I’m to use that first.)
♦ ~ Find ways to make my own grocery & cleaning items instead of buying them.
♦ ~ Repairing anything that can be fixed.
♦ ~ Have my credit card at Zero balance by end of the each month.
♦ ~ Come under budget each month and deposit into the online accounts any leftover amounts.
♦ ~ Pay All Due Bills on pension days or ahead of time. (As my budget is now in Excel, I can see a working model of these figures. When due and approx amount needed for each month.)
♦ ~ I have two gift vouchers from Christmas so that I can buy items on my need list or items for next Christmas gifts as one is a store voucher for January only. I do limit myself to extra $10.00 only if buying gifts for others.
♦ ~ Chiro visit (one every 4 weeks)
♦ ~ Known outings are budgeted for, as social events.
♦ ~ Making and setting up emergency survival kit & resources.
♦ ~ Saving as much cash I can for a new stove & oven later in the year. (Nothing fancy)
I have only two major projects other than new stove on the calendar next year, one is a must do (I have funding saved), and the other could go one more year. Both cost thousands of dollars and on a pension with limited funds I need to come up with little challenges to make them happen.
I will update here if I think of anything else.
Note - Savings $stretch is the different between original regular price and money handed over. Coming under $tretch category