Richie is working his way up the employment totem pole of high school education. When a teacher retires, there's little chance a new one is hired. When a budget is slashed, you just make do. He has an excellent position at the high school he's employed at, but one tiny drawback: he's a contract employee. What does that mean? If there's no school, there's no income.
Does this make us nervous? Yes. A little scared? Heck yes.
|Source: PT Money|
So what do we do? We've sketched out a game plan to get us through the lean times coming up.
1. We are praying. This job was an answered prayer. We'll continue to pray for financial peace over the summer.
2. I have been paying a little extra on our bills each month so in case we come up short this summer, some of the regular bills won't be as high. I have also added a little extra cushioning to savings in case something comes up.
3. We received many gift cards this past Christmas. Generally, we spend them faster than teenagers. However, Richie mentioned putting them aside and using them over the summer. So that's what we're doing with those. Brilliant!
4. To bring in extra income, Richie will be housesitting and petsitting for families we have done this for in the past. He has also spread the word through his school that he's available to do this, and he has a few more interested families. I also have a few items I'm going to list on Craigslist to hopefully unload.
5. We will only be eating out after church on Sundays. This will be our most difficult step, but we are both committed to sticking this out. We chose Sundays because it's our tradition now and we really enjoy it.
Of course, we'll be doing some of the other basics. I'll still be bringing my lunch to work. We use coupons and shop sales for groceries. We try to wait as long as possible to turn on the air conditioner to save on electricity. We made mistakes last summer, and I'm confident we have learned from those mistakes and will be smarter this year.
What are your absolutely tried-and-true, crazy or not crazy, ways you save money in lean times?