Thursday, May 28

Job...Money...Budget

Ok...so I didn't get a lot of homeschooling done yesterday. I was busy planning our summer budget. Why? Well, because my husband doesn't have a job for the summer yet!

Here is the story.......

When my husband lost his job (that he was at for 4 years) he found a temporary job teaching that only lasts until school ends (the first week of June). After much discussion, we decided to cash out our 401K (that didn't have a whole lot anyway) from previous job and use it as a backup for summer. I do not recommend doing this! We only did it because we had no other choice. My husband has been actively looking for a job, but hasn't had much luck.

Our base budget is low enough that the 401K money will get us through the 3 months of summer. He can then go back to teaching on a temporary basis for the next school year if he hasn't found a job. We have also been entertaining the thought of me going back to work and my husband staying home and home schooling our son. I can work during the day, and he can teach at night. It's not the ideal situation, but the bills have to be paid.

So, yesterday I planned our base (live on the least amount of money) budget, and put it in writing. I also created a plan to sell stuff on Ebay again, and start making things to sell on Etsy.

So, that being said, I had to get it done so we had a real plan.

Today I feel like a weight has been lifted, and I can now focus on school!

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