Just this month our phone bill went up, I've noticed prices at the grocery stores continuing to rise, and even clothing prices have been steadily increasing. Then Ben got word from work that due to cut backs he will not be on call every other weekend any longer. That was an extra $100 each month for us, and while that may not sound like a lot, it equals out to $1,200 yearly, or roughly 4 months worth of groceries for us. Yes, that $100 a month will be felt. With rising prices of everything around us, and a lowering of income, things will need to be changed.
It won't be the end of the world but it will be a necessity that I cut back that $100 from the budget. It's true that we are already down to somewhat of the bare minimum...no cable, pre-paid cellphones with no contract, no cable, no car loans, no credit cards but there is always room to improve.
Which means my Frugal Friday posts will be back with some more helpful hints and I'm thinking of bringing back my Budget Challenge. And I'll gladly answer any questions about my budget, or ways for you to cut your budget, if you want to leave your question in the comment section or e-mail it to me. Because with the economy in trouble and the country in enormous debt, the only thing we can take control of is our own financial issues. And that time to start is now!