I don’t know about any of you, but honestly, this Christmas has pretty much hit us hard. We are going to have to recover from our spending. I know that we want to get everyone things they really love, but sometimes those things are out of our price range. I know that we still haven’t gotten my parents or his parents and siblings gifts. I hope that us bringing something like food or maybe a homemade gift will be okay because we just don’t have the money to spend.
I got Cody some stuff, we both got Baby A some stuff, Cody got me something, and yeah. The holidays are really hard, not only because of potential family stress but financially they are really hard on families with low income. Or, well, in our situation our families are financially comfortable, whereas we are financially scraping by. I guess it just sucks that there is a huge gap between where we are and where our parents are financially. It’s to be expected with this economy and having a kid so young, but it still really sucks.
I hope that our presence and maybe us bringing food or stockings will be sufficient. I’ve never been in a situation like this where our finances were so tight that it was suffocatingly tight. I am really good and smart with money and Cody … isn’t. But I think he is trying to get better with money. Money has been one of those contention points for us. I am all about Delayed Gratification and Cody is very Instant Gratification. Cody wants his coffee, now. I am fine to just use a Keurig cup and not go out to get The Best coffee. That is just one example, but we have tried to come to compromises. So far we are still trying to figure it out…
Sadly Cody doesn’t always have the best attitude about the money stuff. And I get it, it’s VERY stressful. But we are parents, which means money goes to Baby A first and foremost, and then survival needs, and anything extra we can put away into savings or something. I think Cody is finally getting on board that he will have to give up some little luxuries so we can save and get by. Plus we want to save to get our own place… that isn’t going to happen if we never put money into savings.
I am hoping after the holidays/New Year that we can actually start saving more, and we can really come up with a solid game plan about finances that makes both of us happy.
Anyone got any great financial/budgeting advice?