Friday, December 21, 2012

Financial Crunches: Progress, Failures and Near Misses

It's been a little while since I've updated the progress on my endeavor to pay off my current debt.  I haven't put anything more toward the credit card balance (I have a mortgage to pay) but I can talk a little about the lifestyle changes I've been trying to make to reach my goal.

1. Getting rid of cable:  This is a semi-fail.  I wanted to totally give up my cable service so that I could put that money towards my debt. I actually have been without it for this whole week but I decided to turn it back on because 1) I'm really bored at home without it and 2) I couldn't find anywhere to watch my regular shows online.  I got the free trial with Netflix but I think I'm going to cancel that.  I enjoyed watching the two available seasons of RuPaul's Drag Race earlier this week, but among their huge selection of movies, television programs and independent films, I found myself uninterested in much of their offering.  I'm just not much of a movie girl.  I like talk shows, court shows and reality TV and Netflix doesn't offer any of that.

So yeah, I just turned my cable back on tonight--but the good news is that I changed my programming package to the least expensive.  But you know what's even better?  I worried about missing out on the few shows I watch on the higher channels, but I checked and saw that the basic plan DOES include those few channels I watch occasionally.  So I think that's so awesome because even though I reduced my plan, I'm not missing out on the channels I watched before as I expected.  But it also means that I've been paying to have channels I don't watch for a long time. 

2. Grocery Shopping and Eating In:  Everyday last week I took my lunch to work.  I made three casseroles.  Between snacking on them after work and my family partaking when they visited, I had nothing for this past week--the second week.  In other words, I ran out of food to cook and I did eat in the cafeteria at work.  Yeah I could've gone hard and popped open some canned beets and tuna to take to work, but I guess I didn't wanna.  At least I only spent half of what I normally would have in the cafeteria.

But now I know that I need to increase my grocery budget if I want to eat in house between paychecks.  And also the more I build up my cupboards, I won't have to repurchase some things like flour or rice.

I have to say that I'm really excited about learning to cook and eating the product of my work.  I was so proud of myself this week because my lunch was better than anything available in the cafeteria I'd have been paying $5 to eat.  I may have said before that my culinary confidence has been pretty low because everything I cook usually turns out to be inedible, which is why I stopped wasting money on such attempts.

But I am so amped to grocery shop tomorrow and cook up the batch of recipes I have planned for the next two weeks.  Hopefully now I am getting a better idea of how much I really need and what will last.   

3. Selling on Ebay:  I put up my Insanity workout DVD set for sale on Ebay.  The auction ends tomorrow and the price is up to $31.  I think I'll get around $40 for it.  So yay!

4.  Hobbies-The Waiting Money Pit:  I almost did something totally counterproductive to what I'm trying to accomplish here.  In one of my previous posts I mentioned how flighty I can be when it comes to new interests.

So while on Ebay I came across handmade beads.  That led me to research how people actually make them.  Hmm.  If I can learn to do the same thing I can make beads too and sell them and make money to pay off my debts.  Good idea, right?   So I watched a few lampwork videos and read through some glass art discussion boards over the past couple days.  I decided I would read and gather information until my next pay day when I'd go ahead and buy the necessary equipment to do this.   Today I decided that I won't dip my toe into this one.  Lampwork doesn't require a whole lot, but the essentials are expensive if you want to have quality things that you won't grow out of too soon.  I really did want to try my hand at it, but I can see myself being unable to get the hang of this and putting it to the side and wasting money.   And then, what if I learn, but don't get good enough to sell?  Again, a waste.

This was definitely a near-miss but I'm glad I took the time to research, evaluate things and refocus on my goal before acting impulsively.

Well, till next time.  I'll take the little money I get from Ebay and put it on this debt.  Every little bit helps.  





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