So the financial situation isn’t great right now. Chalk it up to my stupidity and desperation, but I want to make $2300 last until November 15, my next paycheck.
I’m not blaming anyone but myself. But I’m getting tired of the struggle, that’s for sure. I will say this will be an interesting exercise.
I’m not a fan of Dave Ramsey because he seems to think everyone is married and the household income is $70k+ a year. I know, seems like bad money for a household, but I’d be happy with $40K a year take home. Ramsey ignores single ladies like me who aren’t exactly earning six figures. We’re out there Dave. Trying to survive.
I’ve taken some of Dave’s advice: the Snowball method and his motto of “live like no one else today so you can live like no one else tomorrow.”
Budget, Survive and Pay a Month’s Rent
Pretty sure no one is living like me right now: I’ve put myself on a money diet: $70 a week, or $10 a day (or less). If, on a Monday, I spend $15, I know that I’m over budget and that on Tuesday, I only have $5 to spend in order to remain within budget. If I don’t spend anything on Tuesday, I can spend up to $15 on Wednesday. Because within those three days, I’ve spent $30. I crunched some numbers. I’ll have to send some money back home during this time and skip a few payments. I’m not happy or proud about that. The goal is to remain on budget, survive, and be able to pay a month’s rent before my check comes. The reason I say a “month’s rent” is because here in China, it’s common to pay every other month, or in my case, quarterly. It’s handy, but at the same time, seeing a huge amount come due quarterly can be a bit scary. I don’t think I’ll have enough for the next quarter. Just the next month.
I also don’t want to completely run out of money either. That would be devastating. Back home, I’d just put in a few more hours Ubering. But in China, I’m not allowed a side hustle. As a foreigner, I’m only allowed jobs that Chinese people can’t do. Chinese can’t be native English speakers, so merely being born in an English-speaking country gives me access to jobs Chinese people can’t do. Plenty of teachers tutor illegally. And with the crackdown on training centers, excessive homework and tutors, I don’t want trouble.
So since I’m on an unpaid summer break (again, my own stupidity) I realized that since my class starts later than the school year, I’ll get paid later. On the flip side, I have plenty of time to work on things. I have an impressive grease-spotted list of several things I’ve accomplished. I have a list/calendar that I jot a few things down on. If I get them all done that day, I’ve done great. Three out of four is certainly okay.
How has it been so far? First week (after my July check) I did okay. Second week is okay. Third week seems okay too. I look for ways to save money. Observe:
Silence that Dripping Faucet with a Wrench
Turning off the water supply under the kitchen sink. I wondered why my water bill was nearly $140 every three months. Recently, while standing in the kitchen, I noticed the dripping faucet. I could either buy a washer (which involves spending money) or turn off the water, which costs nothing. I’d tell my landlord about it, but he was indifferent to my broken showerhead. I used Walmart gift cards I won four years ago to get one for less than $5 USD.
Taking the bus. I bought a new bus card weeks ago, before finding my old one, which still had more than five dozen rides on it. The cards will save me hundreds. I love you Didi (Chinese Uber) but bye for now.
Saving soap slivers and putting them in one of those mesh bags they sell garlic in. After about six months of this, I have the equivalent to a small bar of soap.
Anticipating a lean summer and stocking up on what I call the “stupid stuff” months ago. Shampoo, conditioner, toilet paper.
Using waaaaaay less toilet paper than I normally do.
Always Have Some Food Stockpiled
Some food is stockpiled too. Frozen ham and bacon. I try to make my fruits and veggies last, and that’s tricky. I always seem to buy way too much or way too little. I was thrilled, however, when I went to a veggie store down the street and got three huge heads of romaine lettuce for 98 cents. I can get ten eggs for $1.40 or so, and if I only want one egg, I can buy one. That’s one of the things I love about China. You can buy smaller amounts of food. That really helps loners like me.
There are other things I do, but I don’t want to talk about them.
My laptop is my entertainment center. I discovered a website where I have found so many of my favorite books from over the years, I still can’t really believe it. Archive.org has some obscure Young Adult books from my youth, and I’m not talking about Stuart Little or Go Ask Alice. The night I discovered it, I’d woken up from a nap I took when I got home on the last day of school. I slept from 6 p.m. or so, until 2 a.m. I web surfed and found the site, and read three books in a row while the sun came up on Saturday morning. It was beautiful, knowing that I could read until I was tired enough to fall asleep again, which is just what I did.
There’s also cleaning, organizing, researching why my plants weren’t growing, sleeping, eating (although not as much for some reason) cooking more at home (I’m not eating out a whole lot either) and taking walks. Occasionally I treat myself, but as scary and stressful as this seems, I’m wondering how long I can do this after the checks come in at the rate of once a month. I imagine this is what being on social security is like. Not that it will be there when the time comes….
The $10 a Day Money Diet
I might post weekly updates on the money diet, especially if my usual Sunday offering is about something totally different. But I just wanted all two of you to know how things are right now.
For example, yesterday, Saturday, I went a bit over budget. I spent $13.71. That meant I had $6.29 that I could today without going over for the week. However, I thought I was catching a cold yesterday. I took a rather strong sleep aid and spent most of today in bed, not going out at all. So I ended another successful week, keeping under budget. Since I didn’t spend any money today, I have an extra $10 I can spend this coming week, if I want. Next Sunday, I’ll post a daily list of what I spent and what I spent it on.
Dave, if you want to reach out to single women on a budget, let’s collaborate! I’m not a half bad writer, and I’ve got cheapskate tips that are borderline criminal.
Key word: “borderline.”
THIS WEEKS CHEAPSKATE TIP: Cut open plastic tubes to get everything out. From toothpaste to primers, get some scissors, Xacto knives, and hacksaws to scrape that last bit of product out. When I open up my toothpaste tubes, there’s easily a week’s left of toothpaste I can still use. There’s even a clever way to close everything up so it’s nice and neat. Details next week.
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