7 THINGS I'M GETTING RID OF TO DRASTICALLY CUT OUR EXPENSES FOR THE NEW YEAR
Here are 7 things I’m taking OFF the budget in 2019 to save money.
New Year with new financial goals & I’m excited to share them with all of you here on All Graced Up! It’s always scary to share ‘real’ life with this space, but it keeps me accountable! I also hope my experiences can help someone in a similar situation.
2018 was a BIG year for the blog! We started selling graphic tees & you can shop them here! They’re comfortable, encouraging & some of them support causes near & dear to our hearts! With big changes, comes big responsibility & budgeting is such an important part of both my new business venture & our family goals.
As a newby entrepreneur I’m realizing how quickly things can add up & how spending could easily get out of control, yikes. So asking myself the question, “do I really, really need this?” has been extremely helpful! Because the answer is usually “We will survive.”
These 7 things will easily help us cut more than $3000 from our budget this year. If you have any other ideas please share them in the comments at the end of this blog post!
In addition to cutting our unnecessary spending, I also hope to increase our income. You can find out all about of my money making side hustles here. I also share how I earn extra coffee cash in this blog post (scroll down to #3).
1. TV service.
We cut out cable about 5 years ago & haven’t looked back. We currently have Sling T.V., Netflix, Amazon Prime video & the free version of YouTube. With our busy schedules, lots of viewing options & need to cut costs, we decided we no longer need Sling.
Yearly savings: $300
2. Contact lenses.
I’ve decided I’m going to get new glasses to wear more frequent & only wear my contacts on occasion. This is a big deal for me because I really do love my contact lenses. I feel like it gives me freedom & I can wear sunglasses whenever I want! Having a new pair of glasses & saving money will be a great tradeoff!
Yearly savings: $360
If you know me or have been following along on Instagram or Facebook then you know I love audiobooks! I feel like having an audible membership is like paying for an education, it’s worth the investment! The only problem, I had enough book credits to get me through the entire next year! They let you keep your books when you cancel so I decided it was time to put my membership on hold & catch up!
Yearly savings: $450
4. Gym membership.
Cutting out my gym membership will save us hundreds & I’m hoping it’s worth working out in a room full of small kids lol! Looks like I’m going to have to get creative with my workouts.
Yearly savings: $480
Considering the money & time it takes to be blonde, I’ve decided to go back brown in 2019. I’m both excited & nervous. Excited that I won’t have to stick a hat on my head anymore & nervous that my kids won’t recognize me, lol.
Yearly savings: $300 (or more, depending on how often I can get to the salon for touchups)
I had a Canva subscription & after looking at the benefits I’m not even really sure why I had it. I may realize I need it down the road, but it’s been cancelled for now.
I also cancelled my Amazon.com subscribe & save for January & am saving around $50!
Yearly savings: $200
7. Elaborate birthday parties & gifts.
We stopped buying elaborate gifts & hosting birthday parties once we got passes to Legoland. I can’t say this will work for everyone, but it’s been a great exchange in our present season of having small kids!
We may also host donuts at the park with a few friends or decide on another budget friendly birthday party idea.
Gifts look so much differently for me these days. When my mom comes to help me with my kids, a gift! When my hubby screen prints me a fresh new tee, a gift! When someone purchases a tee from our small shop, what a gift!
Flowers & some chocolate from Trader Joe’s are also affordable, great gifts!
Are you looking for an affordable birthday gift idea? Check out the graphic tees in our shop!
Yearly savings on elaborate gifts & birthday parties: $1000 (or more, depending on how many people are in your family & how much you spend on birthdays/gifts)
Total savings in 2019: approx $3,000.00
Another reason I love the New Year is because it’s an opportunity to stop, reflect & reset! It’s also another opportunity for me to ask God for guidance, wisdom, grace & abundance! What are your goals for 2019? I’d love to hear in the comments below!
With grace & coffee,
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