Frugal Thoughts + My Husband’s Raise

A new day has come, and yet I’m tired. I’m over here checking my phone, looking at the weather forecast. This has been my pattern since I started jogging six months ago or so. I am not feeling it today, ha! Cold weather and I do not get along. Yet, I will still get up and do it. So far, I haven’t missed a single planned running day, even when I don’t feel like it. I know this will likely change over time…but for now, I am fairly dedicated.

This week has been pretty standard for us, other than my husband was given his raise for the year. Given the inflation we are seeing, it was low. That was a bummer. We have decided to put all of it (4%) into his 401k where it would get an extra 2% match from his employer. This makes us feel a little bit better about the situation. And now, with his employer match being taken into consideration, a total of 27% of his salary is being invested. We hope to bump this up even higher to 30% next year. If you are looking for investing advice, I would recommend Dave Ramsey for a good introduction. Then, take a look at the FIRE community for even more motivation. We aren’t looking to FIRE (Financial Independence Retire Early) any time soon, but I always look at that material when I want inspiration to be frugal.

Sometimes sacrifices need to be made to reach financial goals. We didn’t particularly want to put all of my husband’s raise towards retirement, especially when the cost of everything has gone up so much. But in the long run, I think we will be thankful we did.

Related: Does Being Frugal Have to be Difficult?

This week I have been looking over my “frugal plans” since financial planning has been on my mind. We have been working towards a few goals on our small homestead that take money to complete. One of the perks of my husband and son doing all of the work is that we have been slowly spending $ as time passes. Right now, our new storage building is almost complete, and we are slowly purchasing supplies to renovate our bathroom. Ah, I can’t wait to get a new bath tub/shower combo!

But besides planned renovations, I’m trying to be very frugal. At the same time, we can afford a little bit of fun at this point of our lives. We are now 100% debt free, which feels amazing. We do use credit cards to make purchases, and then pay them right off. This allows us to earn cash back rewards, and I’m not scared of our debit cards being hacked, which has happened several times in the past.

Related: We Paid Off the House!

Next weekend, we plan to visit an aquarium with a homeschooler discount. While we don’t celebrate Christmas, I have put together fun fish themed goodie bags for each child for them to receive on that day before we leave on our excursion. I bought most things at the Dollar Tree. They will enjoy it, although the project was inexpensive to put together.

Our ten-year-old van is starting to act like the transmission might need some attention. I’m hoping that it will hold on for just a bit longer! Spending money on depreciating assets is not something I’m fond of. But when it’s time to move on, we definitely will purchase something used.

I hope to spend very little over the next month or so on items that aren’t necessary. I think I can do it!

Well, I’m off to jog, and then I’m going to attempt to make fried rice in my Instant Pot for the first time. I’m excited about it!

I hope you have a blessed day. There are still some $1 items available in my Etsy shop if you are interested here.

Then Jesus said to those Jews who believed Him, “If you abide in My word, you are My disciples indeed. And you shall know the truth, and the truth shall make you free.” They answered Him, “We are Abraham’s descendants, and have never been in bondage to anyone. How can You say, ‘You will be made free’?” Jesus answered them, “Most assuredly, I say to you, whoever commits sin is a slave of sin. And a slave does not abide in the house forever, but a son abides forever. Therefore if the Son makes you free, you shall be free indeed.

John 8:31‭-‬36 NKJV

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