Tuesday, November 12, 2013

Financial Sacrifice: Part 1

There is so much to the story of our financial struggles, that I could write you a whole research paper to give you the back story, but I won't do that to you. So hopefully throughout this series, I won't loose you, but I'm going to just pick out some of the things we did to save money and keep our expenses under control.
We were newlyweds. What is the first thing that newlyweds often spend a HUGE amount of money on?
Yep, the honeymoon!
Well, we knew we couldn't afford some tropical getaway with a master suite and 6-person Jacuzzi tub. So we decided we would book a little hotel in the mountains and drive the 5ish hours for our four day getaway.
Our entertainment would include walking around the cutesy downtown area, hiking in the national park, mini golf and sitting out back of our room snuggling next to the stream that ran by.
This is what we planned for our honeymoon, nothing overly fancy, just something nice and sweet to celebrate our new life together without breaking the bank.
We avoided high priced airline tickets, the price of some ritzy resort for a week and we didn't need a rental car; just to name a few things.
We also didn't have the stress of big travel plans the day after our wedding.
Side note: we did not end up going on our lovely 4 day getaway and it did end up being a stressful travel situation. My car broke down about half way there and we decided that we'd need money to fix the car, so homeward we went.
Thankfully, the hotel we booked let us transfer our stay to the next year and we ended up going for our 1 year anniversary!

But if it had all worked out the way we planned it would have been WAY cheaper and MUCH less stress!

Sunday, November 3, 2013

Financial Sacrifice: Introduction

When my husband and I got married we were broke. By broke I mean, we owed money on the money that we put down on a house.
We bought a house for about $40,000, we had to borrow money to put down on the house from a family member.
For about the first 6-7 months of our marriage my husband worked as a hired hand. Then he decided that if he would buy a truck and start hauling silage (feed for cows, basically) that we could make WAY more money. I had also been working full time during those months and we had saved up enough money to put a down payment on a truck...barely, but we had.
So now we had two big loans and we were both working full time (me, 8-5, five days a week. Austin, 5-6am-11-12pm anywhere from 6-7 days a week).
We had to sacrifice to make it all work, but we never really felt like we were in that bad of shape. Oh, yes, there were times that it didn't look like the money would stretch as far as we needed, but it always worked out in the end and now we have come so far that it almost doesn't seem real.
So, in the coming weeks, I am going to try to share with you some of the ways that we sacrificed while trying to get our financial situation under control.
Hopefully, it will give you some inspiration if you find yourself in a financial hardship and perhaps give you some ideas of where you can cut corners, that you may have not thought of before.
So stay tuned, more to come!