I know my posts have been sporadic lately, but as you know I have been going through some things at work. To catch everyone up I have been demoted at work and had to take a 2.15% pay cut AND my hours have been cut back by 2.5 per week.
I decided I could either get mad or get productive. I decided to get productive (I got mad too.)
1. Come up with a new budget
I am going to have to learn how to survive on $1660 compared to $2100.
I deferred my federal loan for a year - Saving $180 a month.
2. Get a part time job
So far no luck, but a new store, pharmacy, and supermarket are opening near my current
3. Find ways to lower variable bills
I turned down the thermostat to 72 and don't turn in lights unless I am reading.
I am continuing to save, I am going to try to maintain my goal of $100 a month (but no less than $50).
I'm undecided on what I am going to do about acquiring new skills so I can get a new job. I've been told I can get books and teach myself the software. Has anyone tried this? How effective is it?
After everything that has happened to me in the past month I have been giving some serious thought to starting my own business. It is something I have wanted to do for a long time but never did. I know we are in the middle of a horrific economy, but many businesses started during the Great Depression.
It's something to think about.