quote:
Originally posted by Tracy Ann:
Surfing Dan and others have mentioned this before: Cut out ALL unnecessary expenses. Cell phone, eating out, buying lunch out, drinking etc.
I agree totally. Our plan of action has been; No cellphone, no long distance (we have a calling card that lasts for months), no cable, frequent library visits for entertainment, dinner at home, lunches brought to work, coffee from home, turn the heat off in the house, only one car for the two of us, stratigic housing choices, no "unnecessary" purchases.
Oh also, keep track of all purchases. It's easy to spend money here and there if you aren't accountable. We put all of our purchases on a visa that gets airmiles - then we pay if off every month. I have an excel spreadsheet for our budget that forecasts about a year and a half in advance, and I carry around a sheet of paper and write down all purchases. Then we have a "goal" for each week of keeping the dollars spent under X amount.
We've been saving for our RTW trip for about 5 years, while paying for tuition for CJ (out of pocket, no scholarships or any help of any sort), and have managed to swing both even though neither of us have particularly well paying jobs.
It's not that hard - I'm amazed that more people don't save more money. I think I would feel like a shop-crazed spendoholic to spend as much as we've saved.