Budget. *shudder* We love to hate them…
YOU TOO can stop the cycle and budget your finances. You don’t have to pay off cards… you can do it just to help you get less stressed when bill time comes. Message me if you choose YNAB, or join us in the family>thrifty>dave Ramsey forum. We are there every day… SEE YOU THERE!
We recently tried to purchase a home.
We got pretty far into the process. We got right to the part where they say “sign here” on the purchase agreement. And that was when my husband and I looked at each other and realized that to get this house, we would be doing the following:
- Giving our whole emergency fund in a down payment, which still wasn’t 3.5%
- Add monthly payments to the builder to get to 3.5% over the course of the next few months, effectively cutting us off from refunding the emergency fund.
- We would literally more than DOUBLE our mortgage payment.
And so we walked away. We cried. We drank. We put our 3 year old to bed, and then cried and drank some more.
And then we wondered: WHAT THE HECK ARE WE DOING? WHY AREN’T WE SAVING?????
So yesterday Mommy started the Mommy Budget. We are using the You Need a Budget software (you can google it), but are using it to follow the Dave Ramsey budgeting plan (you can read about that, too). The two philosophies work just as well as the other. YNAB focuses first on wealth building, while Dave focuses first on debt relief.
Posted 11-22-2013 at 07:21 AM by angelaw
I guess I never really thought about it until recently, but there are HUGE savings for the breastfeeding mom’s family over using formula. I have nursed my two boys for well past their first year of life (youngest is 26 months and going strong!) and have never supplemented with formula. I honestly didn’t know how much it cost until I looked it up to make sure I was accurate before writing this blog.
I am part of an online baby and children’s resale group and noticed a lot more demand for formula. Even at a ‘discount’ mothers are paying around $15-17 a can from other moms on the site. I have heard that a can usually lasts around 3 days maybe up to 5 and that the retail of the average can of formula is around $25. So, just by nursing exclusively the first six months, I saved my family approximately $1500! Now, I’m sure that if I were to have chosen formula, I would have used coupons and shopped sales, so that may not be an exact. But, I think that my estimate is pretty close to the savings I have benefited from by breastfeeding and what I figured above was just for the first six months each time.
I won’t lie and say that there are no costs when you choose to breastfeed. I, myself, bought a breast pump and around 5 nursing bras and a couple nursing tank tops. I also would consider the increase in the cost I saw when I went to the grocery because of my ‘nursing mom’s appetite’. But, if I am supposed to add all of those up when comparing breastfeeding over formula feeding, I should probably consider all the bottles, bottle cleaning tools, drying rack, purified water, etc. that also come with formula feeding.