Sunday, January 22, 2012


I almost never talk about finances because I HATE finances. I hate thinking about money. I hate dealing with money and I've often said I'd be better off if I gave my money to someone else to dole out an allowance to me. I suck at money. BUT since I'm quitting on Monday I need to figure out where to cut expenses and how I'm going to live while I finish my degree and find a new job. Long term blog readers may know that it took me almost a year after moving to Seattle to find a new job I liked and that didn't make me want to drink heavily.  I would rather not repeat that experience. So in an effort to figure out how to best handle my about to be new found unemployment, I took a look at what I spend my money on.  After bills, I'm ashamed to admit I spend a shitton of money on food. I am embarrassed at how much I eat out. It is ridiculous.  $180 in a month in eating out alone.  That's $6 a day I'm throwing away. Even worse is what I spend in groceries. (Although it may be skewed slightly because I also get my gas at Kroger and my debit card doesn't show the difference but really I put in about 30 bucks every 2 weeks so mostly it isn't gas).  I spent almost $600 in groceries last month.  I'm one person. What the hell am I buying?  And, I don't even know how much rotten food I throw out because I don't eat it.  Clearly I can cut back a lot on both of those items.  Oddly enough, I spend very little on other things.  I spent about $100 on gluten free baked goods.  That's a lot but it is also an anomaly.  I don't think I usually buy that much in a typical month.  And once I'm unemployed I won't buy that much at all. 

Next I'm going to do something I know is a very bad idea. I will pay a penalty for it which is a waste of money.  I'm going to cash out my retirement plan with the University and pay off my credit cards and my car so I'll have no debt during this period of un/under employment.  I will then call my credit card co and not cancel the card altogether but reduce the max to a very minimal amount.  My student loans won't start coming due until December/Jan and hopefully by then I'll have a real paying job in a library.  And I'll get another job but it will be primarily mindless. Contract or temp work would be ideal.  Something that will allow me to pay my bills and perhaps still eat.


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KtP said...

What will you do if you have legit need to go over your cc limit but no longer have that available?

Joanne said...

I'll pull out the other one that I usually can't find. :)