Financial Crackdown



April is set to be our first month on a very limited income. As you may remember, I was weighing up the pros and cons of going back to work a while back. Well, a letter from my work telling me that I didn't have a job (they have since apologised, apparently it was a mistake) helped me make the final decision. So, we are officially on welfare!

I have a small amount of savings which I will use to top up the income support and child benefit payments that we'll get, but the idea is to try and live on the money we have coming in (around £140 a week) as much as we can, and use the savings only when we absolutely have to.

Theoretically I'm sure that surviving on this amount of money each week is possible. Practically however, having earned a good salary for the last 20 years or so, it could take a bit of getting used to! So, I'm going to be trying very hard in this first month, keeping a close watch on everything I spend. I think the money should be able to cover our basic living costs like food and household expenses, but for keeping the car on the road, and for BB's swimming lessons, gym classes and the like, we will be eating into the savings account.

It wont be a true test as the store cupboards are well stocked, and I am planning on filling up the petrol tank before the month starts as I know we have a trip to London to see DD at the end of the month that our petrol budget wont cover, but it will be a start. Hopefully it will give me some indication of how long our savings can last, and by keeping a close eye on it, hopefully I can get better at it...

I'll keep you posted!

Hello, and thanks for stopping by. My name is Emma and I am a lifestyle entrepreneur, writer, teacher, coach and mentor. I am passionate about eating real food, learning, travel and health. I get to spend my days with my amazing son who has chosen to learn from the world rather than at school. We write to share the life we love and to help others create a life they love too.

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