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Author: Laurie

What I Learned From Working in Personal Banking

Before I became a stay-at-home, homeschooling, earning-income-from-home mom, I held a variety of jobs.

I worked at Burger King, waitressed at an ice cream shop (and a bar in a small town, but that’s a whole other post), earned my cosmetologist’s license, worked retail at department stores, and did accounting for an electronics store.

But my main “career” before my current career was in personal banking and mortgage.

I started out as a teller, then moved to Teller Supervisor, went on to Personal Banker, both in the bank branch and in the phone center, and from there I transitioned into the position of sales assistant for a highly successful mortgage rep, before being laid off in a mass layoff at the end of 2003 as the mortgage bubble started to deflate.

All of my jobs taught me things about life, but I have to say that it was my career in banking that taught me the most about people and how they deal with money (I know: duh!).

Yes, it took me nearly 10 years AFTER being laid off to really put what I learned into action for our family, but that too is a whole other post for another day.

So I thought I’d share with ya’ll today some of the things I learned from the people I worked with in those 15 years. Read more

The Frugal Farmer’s Guide to Feeding Your Family for Less

DSCN2378Since a few people have asked now, I thought I’d do a post on how we feed our family of six on $450 a month or less.  It takes a bit of planning, but all in all, our technique is pretty easy.  We rarely use coupons, so most of our savings comes from a well-thought out plan.  How do we do it?  Read below for the tips.  Also, I’ve included a few links to other posts I’ve written to help you save money on feeding your family. Read more

Fighting Boredom and Restlessness as You Work on Long-Term Goals

Are you “Stick-to-it-iveness”ly Challenged?

One of the hardest parts for me of our “Getting Out of Debt” Plan has been dealing with the fact that I’m a bit ADHDish.  My mind is constantly hopping around from one thing to another, and although new and great ideas come often and easy to me, sticking with them through to the end is a whole other issue.  I get bored easily and need to switch gears a lot.

Our process of paying off debt has been a similar experience for me.  At first, I was just plain excited.  Conquering our debt and our spending issues was a challenge, and I’m a “bring it on” type of a girl.  In that first month or two, I stayed excited as I watched the numbers go down, both in our spending and our debt, and as I saw our financial picture changing for the better. Read more

Nana’s Banana Bread

We’ve tried many banana bread recipes, but this simple recipe remains our family’s favorite.  My paternal great grandmother, who  was a young mom during the Great Depression, had a love for people as big as the world, and loved to feed everyone who walked into her door.  The delicious taste of this bread proves it.  Read more

Health Cost Savings for Contact Lens Wearers

Health Cost Savings for Contact Lens Wearers

On a super frugal budget like ours, one of the things we work hard at saving money on is healthcare costs.  We do this in a variety of ways, such as eating healthier and exercising to keep our bodies healthy, looking for natural remedies when possible, and saving money whenever possible on healthcare costs that are unavoidable. Read more

Our Story: In Honor of National Financial Literacy Awareness Month

Image_1In honor of National Financial Literacy Awareness Month, our friend Shannon from The Heavy Purse has put together a celebration of sorts.  Part of that celebration is to host a carnival of NFLAM posts in order to help awaken the public to the importance of financial literacy by sharing important info and stories from those on the road to financial freedom.  Go here to get the scoop and get links to all of the posts for this informative and education carnival.

Why Financial Literacy Matters to The Frugal Farmer family: Read more

The Joy of a Simple Meal

Feeding a family of six on less than $450 dollars a month means, at least for us, that we’ve had to get used to the fact that we can’t have anything we want to eat, whenever we want it.  In our prior, financially irresponsible life, if we wanted steak for dinner, we’d run up to the store and get some steak.  If we wanted chicken breasts, we’d simply go to the store and buy them (could this possibly be part of the reason we exceeded last year’s grocery budget by an easy $300 a month? 🙂 ).

But since we’ve chosen to live a more frugal lifestyle, in order to to get ourselves out of debt, those types of “treats” aren’t an option much anymore.  Instead, our meal budget is carefully planned out, 1 month at a time.  Also, we often end up eating “simple” meals, like the one pictured below.

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This simple meal of rice and beans cost our family of six less than $3:

1 large and 1 regular sized can of generic refriend beans:  $2.26

Big box club rice, 6 cups, cooked: 24 cents

Misc spices for the rice (chili powder, salt, pepper, cumin), sour cream, cheese, hot sauce: 35 cents

Total spent: $2.85

It’s meals like this that allow us to feed our family on such a small amount.  But the really great thing about living on a small grocery budget is that it’s really caused us to appreciate food, in general.

The sad fact is that not everybody on earth gets to eat 3 meals a day, every day.  Although there is enough food on earth for every single person to eat roughly 2700 calories per day, government ransoming of food and a lack of giving on the part of many make food shortages rampant in third world countries.  There are also many food shortages right here in the U.S. due to the fact that people often mismanage the funds they are given, or they simply aren’t aware of or able to get to places that offer free food.  I’ve seen these scenarios first-hand in my many years of volunteering in different capacities to help feed the hungry, as well as experienced it myself during the years after my parents’ divorce, and let me tell you, it’s not a pretty place to be when you can’t feed your children.

Since we’ve chosen to place ourselves on a strict food budget, obviously we do have the option of spending more (although that wouldn’t be wise given our current situation), but placing ourselves on a limited budget where food is concerned has given us two blessings:

1.  We’ve tricked our minds into believing that “this is all there is”, helping us to be able to stay within the limits we’ve set.

2.  We’ve become extra grateful for every single meal we eat.  We find joy in the simplest of meals.

When you first set out to feed your family on less, it can feel a bit depressing.  The though of eating beans and rice or ramen noodles for the next year or more can convince you to throw a pity party real quick.  But keep in mind that if you commit to getting your finances in order now, the day will soon come when you’ll be able to go to the grocery store without having to stick to a budget.  But by that time, of course, you’ll have fallen in love with frugality and probably will still feed your family rice and beans on occasion. 🙂

 

 

 

Motivation: The Frugal Farmer 2013 Goals

 

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Ok, yes, I know it’s April 4th.  I’ve been a little hesitant to set goals for this year for 2 reasons:

1.  We’re in such a tight situation financially right now that it’s difficult for us to even put any extra towards credit card debts, much less think about goals.  Up until now, our goals have been to pay all of our bills every month and not use credit any longer.

2.  The stubborn side of me HATES to fail, so I know that whatever goals I put down here will have a large chance of being met, even if it means we don’t eat for a month (Of course ya’ll know I’m kidding.  Ok, half kidding.  The kids can survive on dandelion leaves for a few weeks, can’t they? 🙂 ) Read more

No Fooling: The Bull on America’s Economic Recovery

Break out the party hats!  Friday’s article on Yahoo touted the “good” news that mortgage lenders are easing up on lending rules.  As for me, I can’t help but have flashbacks to the big housing bubble, and the subsequent 2008 crash that kinda sorta led to the beginning of America’s financial glass house tumbling down.   As Jim over at Critical Financial pointed out, the media’s having a heyday, and urging everyone to jump on the spending/getting into more debt bandwagon as the U.S. stock market soars higher and the housing market experiences its first real “surge” in 5 years. Read more