New Year, New Savings
January 3rd, 2007 at 07:39 amI wonder if anyone will ever read this. This is a new year so it means that my family will have to save money to buy a home. We make a good living. We bring home $16,000 a month after taxes have been taken out. My husband is a physician and I am a teacher. We live in the Los Angeles area where home prices are ridiculous. Currently, we are renting a small 2 bedroom with our one year old son. I just did our budget and we spend about $8500 a month. Crazy right? What the hell are we spending on? I have no idea! Well, we eat out way too much (my fault since I hate cooking and it is hard to do with a one year old!). My husband and I spend too much money on clothes and gifts for others I think. Bascially, we just WASTE our money. So this is a new year, a new start. My husband is totally clueless about money, how to save, how to invest, etc. so I really have to step up and be the one to be strong about our goal to buy a home.
I'll be updating on how we are doing!