What are some ways to save financially while one person is working?

Question

lost my job about a couple weeks ago and been looking for work since.I had interviews but noone has not contacted me back. I am still determinded to find work but what are some ways my husband and I can save while he is the only one working

Answer 1

Do you mean saving money or reducing your spending?  There is a difference.

Before you worry about saving money, make sure that you still have positive cash flow.  If you are not using credit cards to support yourselves, then you can save money.

You will need to examine your budget to see where you can make cuts in spending.  This could include reducing your cable bill by removing some premium services.  Reducing/eliminating your cell phone plan.  Reducing your internet connection to DSL which is cheaper than a cable modem.  Stop going to restaurants for food and buy everything at the grocery store.  Even going to a cheaper grocery store is an option.

Answer 2

Make a list in Excel of all your costs per month.

Ask yourself which luxury/expenses you won't die from if you do not have.

Make a positive change in your life to reduce the said expense.

If you have a lot of credit limit left on credit cards that offer low FIXED APR balances, transfer higher loans to those.

NOTE: It's not how much money you make but how much you can stop yourself from spending that makes you rich.