So my husband dumped me and left me with 3 kids and child support income that adds up to $24,000 a year.  This blog is going to be about how I stretch that income to support my family while I'm in school and also how I'm coping with being a single mom.   So far I can say it's both harder and easier now that he's gone.  It's easier, because he's not around constantly criticising me and making me feel like a huge burden.  It's harder, because my kids are sad and I'm having to do everything myself and I have about 1/2 the money I used to have.  Here is a list of my fixed expenses:
Mortgage:  $878 per month
Electric:  $131 per month (budget billing plan)
Gas:  Between $30-$75 per month, depending how cold it is
Phone/Internet:  $61 per month
Cable:  $31 per month
Garbage:  $30 per month
Car insurance:  $22 per month
Childcare:  $225 per month (Actually, I'm going to do before and after school care for my neighbor and she's going to pay me $200 per month, so this expense kind of evens out!)
After I pay all of my fixed bills, I have $193 per week to cover food, gas and anything else that might come up.  So far, I've divided my unfixed expenses up like this:
Food:  $50 per week
Gas:  $40 per week
Miscellaneous expenses:  $40 per week.
This leaves me $252 to cover anything else that might come up during the month, like a car repair, or whatever.  I have to say that so far, this money goes FAST and I have to really make an effort to stretch those dollars to the max.  I'm going to try to do a blog as often as I can about ways I learn to make the most of what money I have.
Monday, September 28, 2009
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1 comment:
Good luck!! I'm interested to read what you have to say on making the best of your situation.
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