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Preserving Pennies

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Friday, February 24, 2012

New Job: I Get To Work From Home!

My husband and I both work at a motorcycle dealership and have always worked retail hours. Over the years we've managed to wrangle our way out of working Saturdays and have managed to cut off the later hours but we were still working at least 9-6 every day. 

Since I've been on maternity leave I've been stressing out about what I would do once it was time to go back to work. I knew I wasn't going to be able to work my old hours if I wanted to remember what my kid looked like awake.  I avoided thinking about it because I didn't like any of the options I could think of. 

I love my job. I manage a shipping and receiving department (among many other things...) and I enjoy what I do.  We have benefits now and I can't get another job that pays me a wage that's even close at least to start. 

The best solution I could think of was to continue working 20-25 hours at my current job (just enough to keep the benefits) and then pick up some weekend work (maybe as a server) when my husband was home to watch the baby.  The only problem there is that I would have to find a way to get my full time hours back when we wanted to have another baby in order to get full maternity leave benefits. I thought about going back to work pregnant (I'd have to get on that now as my mat leave is up at the beginning of June) but I don't really want to have another baby yet. I just want to enjoy the one I have a little longer...  This was all weighing very heavily on me and time just seemed to be flying and I was getting a little panicked.

A couple of weeks ago my husband texted me and told me to call my boss. I said, 'What does he want?' and husband said, 'Something managery.' OK. So I called my boss and he suggested that when I come back I become more involved in the management of our online store and website. I was a bit taken aback at first as I wasn't sure if he was trying to push me out of my current department or what. I had actually been pushing for the online stuff to be taken care of by my department for some time already but I didn't think it was ever going to happen.  I told him I'd think about it. At that point it didn't really appeal to me.

Over the next few hours though the idea really began to grow on me.  It occurred to me that if the bulk of what I was doing would be web based, I might be able to work from home for some of the time! The more I thought about it, the more excited I got.  I developed a pitch and sent my boss an email to look it over.  I proposed that, when my mat. leave was up, I would come back for 5 days a week from 9-1pm and then work from home another couple of hours each day. I still was quite unsure that he would even consider it.  This type of arrangement is not one that our workplace really sees much of. 

To my surprise, he completely agreed that it would work.  I am able to work a few hours currently while I am on maternity leave without losing any benefits so I have begun working a few hours a week for now and will be returning to a 30 hour (or so) work week at the beginning of June. I am so stoked that it has all worked out this way!! I can't wait to be making a more regular amount of money again as well so we can really see some progress in our finances and well, save some money up for the next kid! :)


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Thursday, February 23, 2012

Baby On A Budget: How We Avoid Unnecessary Spending

Baby on a Budget is a series of posts that I'll be doing to share all the ways we've managed to save money while bringing up our baby.  When I read the stats about how much money new parents supposedly spend getting ready for a baby and caring for a baby in its first years, I cringe! I can certainly see how it happens though.... These posts are meant to help you stay away from that awfully high number!!

While it's certainly difficult to keep from buying every single thing your kid might possibly be able to use when you're still expecting, it's near impossible to exercise a reasonable amount of restraint once your child is actually born.  Suddenly, nothing is too expensive for that cute little face! Every piece of baby clothing becomes essential. $500 photo shoot? Completely necessary!

Luckily, I've devised a way that has become so effective in keeping me from spending excessive amounts of money on my child that it surprised even myself: I make my baby pay for his own stuff. (And he's much less likely to buy yet another pair of pants to add to his overflowing collection.)

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Wednesday, February 22, 2012

Slashing Expenses: Unsubscribing...

In order to reach our goal of financial freedom, we are increasing income and slashing our expenses.  We will be sharing ways that we've successfully decreased our monthly expenses in order to help you cut your own costs.

I really enjoy home design.  Since purchasing our home six years ago we've renovated our house top to bottom and I have loved having the opportunity to redesign our home that is completely our own taste.  I love to read design blogs and I have been a faithful subscriber of Style at Home magazine for several years now.

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Tuesday, February 21, 2012

How We Earn Extra Money: Selling Stuff on Kijiji

I recently mentioned that we are saving up for a new vehicle despite having no extra room in our budget.   We have managed to save up about $3000 towards this by finding ways to earn extra income aside from our regular paycheques.  This is one of the ways we've been earning extra money! You can see the rest of the ways we earn extra money here

A couple of weeks ago, I posted a bit about the decluttering campaign that I began once I started my maternity leave.  I talked about selling all kinds of our 'junk' on Ebay and how we had sold all sorts of things from DVDs to USB sound cards to used cloth diapers using this method. I love Ebay because it gives me a great platform to sell small items and reach a large audience.  What do you do if you have a large item though? After all, it's not very practical to ship a piano across the country.

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Monday, February 20, 2012

How We Save Money By Using Our Credit Cards

Credit cards have gotten a very bad rap in the personal finance world for quite some time now.  This is for good reason considering the amount of debt many people are carrying around on their credit card accounts and how much interest most of them are paying to service that debt.  We have been there and it wasn't pretty!  

As we began to dig ourselves out of debt we naturally had to stop using our credit cards (with some small exceptions).  It was very important to do this at the time as we needed to make changes to our relationship with money and the way we viewed it.  We needed to be more aware of our spending and feel the pinch of a lower bank balance at the same time as the high of a new purchase. 

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Friday, February 17, 2012

Baby On A Budget: Hand-Me-Downs and Second Hand Stores

Baby on a Budget is a series of posts that I'll be doing to share all the ways we've managed to save money while bringing up our baby.  When I read the stats about how much money new parents supposedly spend getting ready for a baby and caring for a baby in its first years, I cringe! I can certainly see how it happens though.... These posts are meant to help you stay away from that awfully high number!!

We were ridiculously lucky to have a baby boy almost exactly one year after my sister had her own baby boy.  This is not because our son would have a cousin close in age, though that's nice too.  My thoughts are inclined to be more selfish in nature.  I was mostly ecstatic about all the hand me downs I was about to receive!!

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Thursday, February 16, 2012

How We Earn Extra Money: Simple Computer Repair

I recently mentioned that we are saving up for a new vehicle despite having no extra room in our budget.   We have managed to save up about $3000 towards this by finding ways to earn extra income aside from our regular paycheques.  This is one of the ways we've been earning extra money!


I am very lucky to have an incredibly talented husband.  He is very handy and seems to understand how things work on a level I may never comprehend.  Somehow over the years he has become extremely adept at fixing and building computers.

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