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Saturday, April 26, 2008

Weekly Wrap-up Of Money Saving Events.

Here's a summary of what we did this week in our continuing quest to save money:

1. Changed our medical plan from with-prescription drugs to without-prescription drugs and saved $840 a year. Since DH and I have lost weight (he 33 pounds, me 20 pounds) we no longer need prescription drugs. Throw in another $20 per month co-pay and we eliminated another $240 a year. Total annual savings: $1080.

2. Installed a reverse osmosis water filtration system and we can finally drink our well water. Annual savings: $365 per year (bottled water costs us $1 a day).

3. Installed electricity into our barn for possible office space or future storage rental. Prospective income: $3600-$6000 per year.

4. Since downsizing to a smaller fuel efficient vehicle we went from paying $70 a week in gas to $25 a week in gas. Fluctuating monthly saving: $180-$200.

5. Conservation techniques have enabled us to save $100 cash per week. For the first time since November 2007, we have been able to put away $400 a month into our savings account.

I just want to mention that these money-saving ideas weren't easy. It took a lot of work, determination and of course, that word I hate the most in the English language: sacrifice.
I have what it takes but I don't like it when it takes what I have.

And so it goes.

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2 comments:

AKB said...

You did it, you got your wish on the well water drinking. Good for you! Did you have to kick him or did he comply readily?

Glad to know that you are saving money all around.

I am making split pea soup (double batch) and eating that this week.

Hopefully the birthday boy, this week won't cost me too much!

TTYL!
AKB

Cinzea said...

Hey AKB. Yes, we finally ordered the last remaining parts and all is well. Literally. LOL.