Today, I have one less bill. This bill is the last changeable red mark on my credit score, so it's pretty spiffy to have gone. It's what I've been doing with my freelancing, trying to pay off old debts and get my life together. So far it's been working, but it's hard.
There are many things in life that cost money that are unexpected, unplanned for, and sometimes feel unmanageable. This includes medical problems, car problems, computer issues, and broken items, as well as a wide variety of other things.
A lot of people talk about building a safety net for those unexpected incidents, but how does one build a safety net when all of their money is spent on things they need?
This is part of why we're doing a once a month grocery trip instead of once a week. It's not as healthy, no, but it helps to save money.
It's why we're considering bikes. It involves an upfront fee, but might save on car-related things later.
How do we make the numbers add up?
There are two factors that are a part of every big money debate. They are lowering costs and increasing income. Which do you focus on? Well, obviously both. So we're doing a bunch of things to lower our costs, which will help us a lot. But we somehow have to increase income. So I've been seeking out more freelance opportunities.
This is also hard. One reason people love the idea of lowering costs as a means to making their money last is because it's easier to control. You can control how much you spend, to a point. It's a lot harder to control how much you earn. There's a lot more that goes into it. You have to find work, be hired/accepted, get verified, and be given the work to do. Then there's all the reporting and stuff. And if you're earning income by selling a product, you need to find buyers.
But increasing income is needed if you have those unexpected incidents. What can you do but work harder? Try to work smarter? Well, you can have a loan but that will increase month by month costs. So even if you do get a loan you still need to work harder and smarter. And it's hard. It's hard but I don't think it's impossible.
I'm going through a mild down turn in weekly earnings through my freelancing, but part of that is due to the time investments on finding more and better opportunities elsewhere. An investment into my future.
And as stated before, I'm also working on Wings and will have a blog post out soon on its behalf!
Oh, and for those of you interested in helping out with the car situation, here is the paypal button and a fancy progress bar! From what I know of the car, we have definite transmission issues and potential intake problems. And all the cars problems are expensive, so working towards getting a new car would be beneficial.
Apparently there's also the potential of the car exploding. This would be exciting if it didn't mean potential injury/death.
New Car Downpayment