Today at Money Saving Mom, Crystal Paine encouraged us to get our finances in shape in 2008. Well we are blessed with an income that meets our needs and many of our wants. We have worked hard on being fiscally responsible, have very little outstanding debt (only our mortgage), and generally live below our means. However, as Len and I look at our finances, we can honestly admit that there is a lot of room for improvement with our spending. In 2007, I FINALLY (after years of trying) got my grocery spending under control thanks to Crystal’s “Supermarket Savings Course” (see my right sidebar). Of course this is always a work in progress as I work on trimming the fat off of my food budget. However, if I never improved beyond where I’m at now, I think I would be satisfied in this area.
What I’d like to work on this year, is increasing our savings and using the savings to pay off a chunk of our mortgage. This is going to require a hard look at our budget – a hard look!!!
I plan to take the next couple of weeks to take that “hard look” recognizing that it will be a process of negotiation with dear husband. I’ll let you know what I come up with and look forward to hearing what others are doing via the links at Money Saving Mom.
