Um, Yes. Y.E.S.
In all honesty, giving up one of two annual salaries scared the daylights out of me. In fact, hubs and I both thought it might very well be impossible. We had obligations, a lifestyle. Nothing fancy, mind you, but faced with the prospect of having to just…give stuff up… It didn’t compute. We needed everything in our monthly budget, didn’t we?
As it turns out, we did not.
So, if you’re reading because you’re a mama who wants to come home, or if you’re just looking to reduce your monthly expenses, I’m happy to share some of the ways we managed to squash our budget to accommodate a single salary.
First up? Cable.
Between high-speed internet, basic cable and one premium channel, we were forking over upwards of $130 per month. We don’t even watch that much television. Still, letting go of 900 channels and the possibility that something worth watching might be on one of them right now and we’d miss it (anguish!)… We cut the cord, but it was a dark day in the Being June house.
Lucky for us, we had a Wii and a man with killer negotiating skills. We picked up Netflix, which we streamed through the Wii, for $7.99/month. The hubs had a heart-to-heart with our internet provider (which we needed to stream Netflix), and they were gracious enough to work with our budget constraints. And so we said goodbye to cable television for good.
By the way, out of those 900 channels, you know what I missed? So You Think You Can Dance. That’s it. Netflix offers a gazillion shows, movies, documentaries and a huge library of children’s show. With this one change, we reduced our spending by almost $100/month. We’ve since picked up HuluPlus for another $7.99 per month, which we stream through our beloved Roku, and we’ve never looked back. (What’s a Roku, you ask? Why, it’s a mystical black box that pulls hundreds of channels out of thin air – at least that’s my non-technical understanding of it.)
So that’s one way we significantly cut our spending, and there’s plenty more where that came from! I’m thinking a Frugal Friday series might be in order…
Have a great weekend!