Monday marked the unofficial start to summer. Last Monday was my last day subbing until school starts back in August. I always look forward to this time of year as I usually get more things done around the house, and some projects usually get put off until this time of year.
This time of year brings with it a smaller income to our household and therefore, we make adjustments accordingly. We do have several different sources of passive income, which brings in needed funds.
Recently I made $100.84 from my blog through Google Adsense. I had the money transferred to my regular checking account to start, and then transferred $15.89 into our emergency fund, and $10.00 into our new house fund, which was over 25% placed into savings.
Mr. Money Mustache regularly saved over 66% of their income in order to retire early. If you are looking for inspiration, be sure to read his blog. His family lives a frugal lifestyle that even Amy Dacyczyn would admire.
We stopped by the Mennonite Farmer's Market this past week to pick up some fresh produce. We spent a total of $28 for all of this and have been enjoying it all week long.
Tomorrow I will be taking my car to an auto shop for a front end alignment to the cost of $45, which is a great deal. My BIL, who is an auto mechanic, recommended this company to me. Asking around or putting out the word of what you are looking for will help to save you money.
Good luck on your lower income Summer. My teacher son spreads his pay out over 12 months instead of 10 months, as in Va he has that option.
June here will be all about juggling and redistributing the monies as Hubs goes into retirement June 30th. Between saving in retirement accounts and what I save from our net pay we've been averaging about 50% of income saved since 2008. While we've been savers all our lives, jacking up the rate at which we put money aside the last almost 10 years has helped Hubs be able to retire 8.5 years earlier than normal and us have no drop in our current lifestyle. So what I mean to say here is that it's never too LATE to begin too cut your lifestyle/spending to achieve a retirement goal. 8-)
50% savings is excellent! How exciting that your dh is able to retire 8.5 years ahead of time, he must be thrilled. Only one month left to work, how terrific. :)
The produce looks so vibrant! Congratulations on the start of your summer break. When I feel overwhelmed with how much is going on at the end of the school year I just remind myself that easier days are ahead, I am looking forward to trying some new recipes this summer as I've been in a bit of a rut. I enjoy visiting the blogs you have linked in your sidebar.
Good luck on your lower income Summer. My teacher son spreads his pay out over 12 months instead of 10 months, as in Va he has that option.
ReplyDeleteJune here will be all about juggling and redistributing the monies as Hubs goes into retirement June 30th.
Between saving in retirement accounts and what I save from our net pay we've been averaging about 50% of income saved since 2008. While we've been savers all our lives, jacking up the rate at which we put money aside the last almost 10 years has helped Hubs be able to retire 8.5 years earlier than normal and us have no drop in our current lifestyle. So what I mean to say here is that it's never too LATE to begin too cut your lifestyle/spending to achieve a retirement goal. 8-)
50% savings is excellent! How exciting that your dh is able to retire 8.5 years ahead of time, he must be thrilled. Only one month left to work, how terrific. :)
DeleteThe produce looks so vibrant! Congratulations on the start of your summer break. When I feel overwhelmed with how much is going on at the end of the school year I just remind myself that easier days are ahead, I am looking forward to trying some new recipes this summer as I've been in a bit of a rut.
ReplyDeleteI enjoy visiting the blogs you have linked in your sidebar.
Thank you, Healthful Saver. :) I keep the blogs in my sidebar up to date with my favorite blogs. I'm glad you've been enjoying them.
DeleteThank you for the link to Mr. Money Mustache...I had never heard of his blog before. :)
ReplyDeleteYou're welcome, Debbie. He has a really good blog.
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