If we were all honest with ourselves, we probably all wish that we were rich. Filthy, stinking, abundantly rich. My husband and I are no exception. A few months ago, we–rather I–gave birth to a perfect little baby boy. Our sweet little man is the most wonderful addition to our happy twosome, but my goodness…he ain’t cheap. Little Man often causes us to have conversations that go something like this:
If we won the lottery, we’d pay off the house, pay for college tuition, and travel the world. Oh, and we’d buy houses and set up college funds for all of our friends and family. And we’d never have to worry about the price of gas again. And we’d buy a lifetime supply of Haribo Gummi Bears.
Hubby and I may never actually win the lottery (probably because we don’t play), but we have determined that we don’t have to have million dollar incomes to live well, provide a good life for our son, and build wealth. Tightening the purse strings on the monthly budget so that we can save money and reduce debt along the way is our primary strategy. My ol’ pal Dave Ramsey puts it this way: Live like no one else so that later you can live like no one else.
So how do we spend less so we can save more? Couponing is a personal fave. I’m aiming to spend $200/month on groceries with a little help from the Sunday newspaper, and online coupon sites like Coupon Mom and Coupon Cabin.
What ideas do you have to spend less?