For our family it's an absolute blessing that I'm able to be a stay-at-home mom these days. However the transition from being a two income family to a one income family is always difficult. I think Mike and I both felt that we had prepared well for our marriage, we went to all the marriage preparation classes, we even attended an Engaged Encounters retreat sponsored by our church. The one area in which I feel we were completely unprepared was finance! To be honest it just never really came up. We both came from completely different places. I was more of a have money, spend money, kind of gal. It's one of my New Year's Resolutions to be more thrifty in 2010. To that end we've made some changes in the way we budget and spend our money around here.
First we are trying to use cash rather than our debit card as often as possible. At the beginning of the month I withdrew a large sum of cash from the ATM then I divided it up into envelopes for different categories....groceries, entertainment, etc. If you haven't heard about the envelope method you google it, I was surprised to see it in Wikipedia (although I'm not sure why, everything is in Wikipedia). So far it's working really well for us! I was definitely guilty of just tossing random little things into the grocery cart. Knowing that I only have a certain amount of cash to pay for everything in the cart has made me more selective.
I'm also debating cutting coupons. I know that some people are totally obsessive about it and that their hard work really pays off. I'm just not sure that it will work for us. Olivia is a really picky eater lately so I think a large portion of our grocery budget is spent on getting different snacks and treats for her. It seems like it can be really complicated. I generally try to shop at the commissary on base where you don't pay any tax and I had always thought I was getting a great deal. I just realized that they charge a 5% surcharge which can be more expensive than tax! I'm just not sure I'm ready to commit to the coupon thing. Does anyone have any success or failure stories that might help me decide?
My favorite discovery of the weekend was Aldi grocery stores (
http://www.aldifoods.com). I had read something somewhere about Aldi and I was excited to see one when we were driving around the other day. I made my first trip there over the weekend and I was pretty impressed. It's a different shopping experience. It's similar to a SAMS or COSTCO but they primarily have grocery items and there are not any membership fees. There are not any store displays or decorations and the store itself seems smaller than your typical grocery store. You rent your cart for 25 cents, when you return your cart then you get your quarter back. You also have to bring your own grocery bags and bag your own items. It sounds a little strange but I know that Aldi is also owned by the same company that owns
Trader Joe's and I'm a huge fan of Trader Joe's. It turns out that the Food Network has even done a special on Aldi's and many of their store brand items are actually regular old name brand items that have been repackaged as the Aldi brand items and sold at a discounted price. In any case I went over the weekend and got some really great deals! Mike was more than $1 less than it was at the Commissary and eggs and bananas were much cheaper! They even had beer and wine! If you haven't been to Aldi's and there's one near you check it out!
If you have any other ideas about thriftiness please share! I'd love to hear 'em!