An often requested blog for me to write is about our budget/who handles our finances/how we save etc.
Firstly Trent handles our finances & basically anything to do with money, insurances, accounts etc. I know my strengths and my weaknesses and I am not gifted mathematically or in the way of understanding any of that sort of stuff. No matter how hard I try. I feel more comfortable with him being in control of all of it, I can still access and see it all – but honestly it makes little sense to me. I try really hard to understand it but I just struggle with it. He pays all of our bills and organises our budget.
As for our budget, we know what bills we need to pay and have that money set aside and then our grocery money (which can be anywhere from $150-$250 a week… We eat a lot of fresh fruit, enjoy good quality meat, Tommy is still in nappies and that includes pet food/litter) and we also deposit an amount into savings. I won’t share our exact amounts, but we strive to save when and where we can. Any cash that we have at the end of the week or we make by selling items on buy, swap & sells is put into my little savings jar that I deposit into the bank and that goes towards extra things we maybe saving for like holidays, items for the new house, gifts etc. I did a whole post on selling items to make a bit of extra money, you can CLICK HERE to read that. (Oddly enough, that post of all posts went “viral”…)
A few great ways we save money are…
- I make most of my own cleaners. And use white vinegar & bicarb to clean most things. Occasionally I will splurge and buy some cleaning products (I love Method) but for most things, I make my own. (I do like to buy furniture polish & glass cleaner)
- I also make my own laundry powder, that recipe can be found HERE.
- I buy generic brands where it suits us. Now I still buy brand name items for most things, but for a few things I tend to look for cheaper alternatives. It often is a bit of trial & error to find a cheaper brand of something that suits your taste. I buy store brand sugar, flours, pasta, butter for cooking, bleach for cleaning etc… The dishwasher tablets from Aldi are also very cheap & work great. (Our town is getting an Aldi soon, so I think I may try shopping there as well)
- I bake our treats. I do sometimes buy us something for the week from the store, but 90% of the time I prefer to bake some biscuits or a cake for morning/afternoon teas for the week. I choose what to bake depending on what I have, what I need to use up or just what we feel like and I feel better giving LuLu a sweet treat when I know exactly what is in it.
- Trent does all of our “jobs” around the house. We don’t need to outsource anything to tradies or the such because he is skilled and knowledgable to do it. I find this so helpful and I feel it saves us a lot of money. He does everything from fix his own work ute, he will be building the fences for the new house, constructing the kids play area and if anything is ever broken or needs to be done he knows how to do it… We are yet to ever need to “call someone”.
- We don’t eat a lot of take away or drink a lot of alcohol. We do eat out (or have take away) but it is not in excess and both of us do not drink a lot of alcohol.
- We very rarely buy soft drink. Huge saving in the groceries is cutting that out.
- Writing a shopping list of exactly what you need and only buying those items is a great way to stay on track with the groceries.
- Adding up your groceries on your phone calculator as you buy each item is another good way to be aware of what you are spending, that way you know if you are going over budget.
- Shop around for the best deal and go with what works for you. Do not be afraid of calling around other stores if you are making a big purchase and getting the lowest price possible.
- Reassess your phone/internet/electricity/health insurance plans if possible. Call up ask for a better deal, rework them to suit your current situation better or call other companies to compare. (We need to do this for our health insurance, because holy that’s an expensive one!)
- Sell unwanted/unused items on buy, swap & sell sites.
- Be sensible, that’s a huge one. Do not spend what you don’t have. Live within your means.
And on that note, I have a new HAUL video on YouTube CLICK HERE to watch it. It’s a small haul from a little shopping day the other day. I made a conscious decision to not go over board at the shops. It is easy to do when we go to the big shopping centre in Toowoomba, Dalby only has a small variety of stores and when you are in a big centre you see so many things you want, but staying focused on what you need is important. I did buy a few fun items for the kids to put away as gifts but it was all well within the spending budget for that day. (Trent did tell me to go buy something for myself, but I decided I wanted to save it to go towards something when we finally are in the house.)
I would love to hear your tips for saving money. Please leave them as a comment below or comment on my social media…
Have a great day.