Made homemade waffles this morning. Like pancakes, the first one doesn't work out well. Lesson learned? Grease the top of the waffle iron, too.
Back on track...
Antibiotics knocked me for a loop this weekend. So thankful for them but the side effects? Yuck. Anyway, after lying on the couch a few days, I'm up and around.
Financial Fast Days 7-9
Yesterday was almost a no-spend day. Does it count if you use change to buy a Mega Million ticket? No, of course not. On the other hand, we ordered Pizza Hut after church on Sunday, had Texas Roadhouse on Monday and...
Budgeting- I use a 50% needs/30% wants/20% savings chart for my budget. There's always a little leftover in wants and the savings section is my spending money. I'm getting there and it's so much better than 5 years ago.
Saving- My retirement and annuity are deducted from my check, and I love my savings envelopes.
There is so much wonderful stuff in these three chapters.
You should really go get this book.
Day 4/Chapter 4 is about tithing and giving above that- offerings. Second Corinthians 9:6 says
Whoever sows sparingly will also reap sparingly,
and whoever sows generously will also reap generously.
I bought gasoline and groceries- both necessities :) and put $5 in my envelopes.
Day 5/Chapter 5 suggests instead of having a sense of entitlement, thinking you deserve your stuff because you work so hard, you should be grateful for the things God has blessed you with. Our journal assignment is to list three things we're grateful for:
2. my job that allows me to be home with him a lot
3. my family
Confession: I put off going to the Dr as long as I possibly can. Usually I'm almost better by the time I go. But, I finally went yesterday because a couple of bug bites from vacation hadn't healed yet :( I bought two prescriptions and put $5 in my envelopes. We also had a small yard sale. All the money went into my Debt Repayment envelope.
Day 6 The medicine kicked in today and I'm so thankful! Chapter 6 is about contentment- being thankful for what you have. Today's assignment was to clean house. I've been decluttering with 365 Less Things for quite awhile, taking stuff to Goodwill. Today I got rid of 5 turtlenecks out of my top drawer. Today was no-spend day, since I mostly just stayed on the couch, and I'll put $5 away.
No spend day #2! Only put $5 dollars in my envelopes- mowing money is already saved up for this week. Cooked everything at home the past three days. Put 4 meal starters in the freezer over the past two days- homemade spaghetti sauce and cut-up baked chicken. It only took about 10 minutes total, but will save lots of time after school. School starts four weeks from today, by the way.
Chapter 3 is about generosity. The assignment is to think of someone you could help out- financially or with time. Two verses to think about...
From everyone who has been given much, much will be demanded;
and from the one who has been entrusted with much, much more will be asked. Luke 12:48
Command them to do good, to be rich in good deeds,
and to be generous and willing to share. 1 Timothy 6:18 NIV
Flash Grammy's lifetime Senior Citizen National Park pass to the ranger. He peeks in to check if she's with us...yep, go on in.
Drive sloooowly past sandy scrub. Hear for the millionth time in my life, "This is what it looked like the whole way to the beach back when..." Picture my dad and mom as teenagers hanging out at the beach :)
Wait, there's one! No cars coming! Grab the camera and fling open the door! Run across the hot pavement. He's having a snack, but will patiently pose for a picture...
Dad gives him a little pat and says, "Bye, old fella."
Find a pulloff with beach access. Only two other cars. Around the bend in the walkway and just sand and ocean as far as the eye can see. No motels, no restaurants. People waaay down to the right. What do they do in case of emergency?
The kids check the bathroom situation, a concrete outhouse with no running water. They decide to wait 'til we get to the condo. Back in the van to find a place to cash in our winning lottery tickets.
New Smyrna Beach, Florida. My once-a-year home away from home.
Bought stamps and took $3 from my mission envelope for one of my first-grader's lemonade stand. Saved $6 in my envelopes. Chapter 2 is based on the Ten Commandments and how they relate to financial peace. Today's scripture is Proverbs 22:7
A no-spend day! Put $6 in my savings envelopes and received a reimbursement check that was over double the amount I expected it to be. What a blessing!
The main points in chapter 1 are that the fast helps as you reexamine spending habits as you eliminate spending on everything that isn't essential. Today's suggested scripture isProverbs 3:9-10:
Honor the Lord with your wealth,
with the firstfruits of all your crops;
then your barns will be filled to overflowing,
and your vats will brim over with new wine. NIV
Today's journal assignment is to make a list of obstacles that may keep us from sticking to the fast:
1. It's summertime and Colton wants to go fun places and do fun things. We'll find free things to do.
2. I want to put in laminate floors (I've wanted them for 13 years) the week Colton's at the beach with his dad. He doesn't like change and mess. I will probably do it anyway. Planning to break the fast already? For shame.
In the first few panicky months following our divorce, I discovered personal finance blogs and Dave Ramsey's Total Money Makeover. It helped me so much- same bills on half the income, realized I couldn't depend on credit cards, building my emergency fun- much easier than you'd think!
After a few years practice, our monthly spending is planned to the dollar. I know how much we can spend in each category and usually don't go over. If we do, no biggy, just try again tomorrow.
I'd also been following Michelle Singletary for several years. First, because we have the same name (middle name, Michele, maiden name, Singletary :) Second, I loved her show Singletary Says. Third, I discovered her book The 21 Day Financial Fast and participated in the fast during April. Again, learned so much!
I'd planned to start the fast again today. I had a no-spend day :) and put $1 of my weekly spending money in each of my savings envelopes:
1. Colton's allowance
2. Debt repayment
3. my savings- usually add this to debt repayment each week
4. Missions/ giveaway- in case I come across a worthy cause
5. mowing- went up to $45 a week this summer :( but still better than doing it myself
6. Rudolph Club go see! I've already put away $138 for Christmas shopping this year.
But...I found a new group starting the fast on Monday. We'll just count today as a bonus :) Planning to post my progress each day.