So, it's been about a month since Michael broke his toe, since he's worked, since we have been reduced to a single income household.
We did have to dip into our finances to cover some expenses (mostly medical), and we weren't able to save anything this month. Well, "dip" might be the wrong word, more like, "dive", but you know, that's okay, because that's what emergency savings are for, right? That's what I tell myself so I won't be too sad about the state of our savings. I think this experience has shown us that, with a little belt tightening, we might be able to get by with just my income (well, scrape by), which is amazing since I really do not make much for this area.
Knock on wood, that will not be necessary! Originally, I thought Michale's toe incident was a huge set back to our finances but I'm starting to see that maybe it's a blessing. It's shown us that we can probably get by, pretty comfortably, on my pay alone... which means that we should just put all of his pay (once he goes back to work) into savings. It's an exciting thought.
So, once we become a two income household once more (which, fingers crossed, will be sometime next week), first thing will be to pay back our savings. My biggest regret of last year is that we had so many opportunity to build up a HUGE savings but we didn't. Now that we are resolved to be more financially responsible, it feels like there's all these things that are working against us. Blerch.
0 comments:
Post a Comment