After my fiance and I had our first child this year, the two of us became really worried about the finances.
We weren’t really worried about money during the pregnancy, but as soon as that baby was brought into the world, sheer panic happened to us both! My fiance was granted 3 weeks of paid maternity leave, and I was able to take a month, however even though the two of us were getting paid during that time, the two of us still stressed over our new financial situation.
In an attempt to make ourselves be in a better mindstate as well as better budget, the two of us sat down and tried to rethink our expenses. We began by eliminating any ongoing prescriptions to magazines and providers. The next expense the two of us cut was our trash service. Instead of paying the garbage company to come and get trash once a week, the two of us decided that we could just take our trash to the landfill for free. The last expense the two of us cut was our Heating and Air Conditioning maintenance. Although it only set us back $75 per week, that still meant $900 per year! We were gleeful about the extra money we’d have to spend on our baby now. It seemed like a great method at the time, but now we’re really regretting it. We may have had the best intentions of maintaining our own air filters and keeping an eye on the Heating and Air Conditioning system, but the two of us really failed. We basically forgot about our Heating and Air Conditioning system entirely, until the two of us started hearing different noises and our gas furnace started running badly, and then that led us to have to spend money on having a Heating and Air Conditioning specialist to come repair the equipment, and replace everything that’s broken, and the two of us might need to replace the gas furnace completely. Those costs will wipe out the $900 the two of us were trying to save.