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Living On One Income

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The economic climate today has taken a severe tumble for the worse. Many people have lost jobs and savings and are struggling to meet their financial obligations and still maintain a reasonable standard of living. Survival on a single income is a strange concept, not something many anticipate a return to.



The single income route is not an easy one for either the man or woman of the house. Hopefully, government incentive programs will create a turnaround in the economy before the current situation becomes worse.

The first question you need to ask is whether you can make a go on a single income. Likely you will need to use some of your savings as a buffer while you adjust to one income. But since the average American simply hasn't saved much and is only two months away from bankruptcy, a single source means a severe cutback on lifestyle unless that second source of income is found quickly.

Single income living demands you take a close look at your expenses. For most families, quite a lot of it is going toward unnecessary luxuries, nor do they have any budget or plan on using the money they have. The best way is to keep a ledger and write down every dollar spent. It is one good way to find the areas where those dollars go that don't return any investment.

Next you need to analyze all your bills. Credit card debt is a major problem. The average family has some 17 credit cards and that means a lot of debt. If it becomes difficult to pay off the minimum balance you should contact the credit provider to make suitable payment arrangements. The best strategy is to cut up your cards and keep only two to use for emergencies only.

There is little that can be done with taxes, heating bills, insurance and loans, but there are steps you can take even in these areas that can save you money.

Grocery shopping is a necessity, but there are several methods where you can shave off as much as 30% of your current expenses on food. Using coupons, buying in bulk and creating your own meals instead of buying prepackaged, throw-in-the-microwave can save a good deal of money.

Entertainment is another area where you can save some needed dollars. Eating out and the movies are a luxury, but you pay for the convenience. Consider the tips, alcohol, popcorn and chips and that evening out costs upwards of a hundred dollars plus. Instead of the movies, rent a video.

While we all need clothing, it's not necessary to keep up with the latest fashion trends. That closet of unused clothing can be varied to create unique styles. There's no shame in hand-me-downs or buying at thrift shops. Dry cleaning is not a necessity except for clothing that enhances your appearance at work. The washer in many homes sits idle as many people prefer the easy route of a laundry service. Dry your clothing outdoors instead of the dryer to save on your electrical bills. Being frugal with buying clothes can translate into a 50% saving on buying new.

Next to appliances, furniture is one of the family's major expenses. You don't need to buy new. Be attentive for discount and close-out sales where you can pick up good furniture for less that you would at a well-known furniture retailer.

Lastly comes those little expenses. That pack of cigarettes costs you more than just your health. Eliminating that extra cup of coffee and donuts or eating at the company cafeteria can save you as much as $1250 per year based on an average expense of $5 a day. Workplace gifts, cards, cakes and other contributions only add to the totals. that you're often asked to contribute to.

Many families discover that single income living isn't as bad as they thought. That second job often creates more expenses than is necessary. Before you take the step to a one-income family, plan ahead. Make up a budget that you can live with and discipline yourself to stay with it. It's good discipline and will help you prosper even more once the economy starts a turnaround.
Living On One Income
In the majority of homeschool families, one parent stays at home to teach the children. This can make saving money on your children's curriculum without sacrificing the quality of their education of the uppermost importance. Homeschooling can be an expensive adventure but it doesn't have to be. If one does their research and is willing to take some time to plan and put together a curriculum it can be very cheap compared to purchasing a "packaged" curriculum. Putting together and eclectic curriculum in this manner can also benefit your child as each child has their own unique learning style. You may find when you purchase a ready made curriculum that the language arts works well with your child and the math does not.

Where To Start?

The first question a parent usually has when deciding to put a curriculum together on their own is "What should my child be learning for their particular age?" World Book's Typical Course of Study has always been a popular resource. Also, try visiting the website for the education department in your state. This can be another great resource. They usually list the state standards in detail. A visit to the library should also yield books on the subject of what your child should know at a particular age.

Where Do I Get The Lesson Plans?

The second question is usually. Where do I get all the curriculum or lesson plans cheap or free? There are many places to get textbooks and lesson plans cheap or even free.

The Internet

One of the best sources for this endeavor is the Internet. Start with a search for "used textbooks" or "used curriculum" and you will find many sites where other homeschool families list the books they no longer use for sale. Another great resource is Ebay and other auction sites like them. Next, try a search for "free lesson plans" and you will find that there are literally thousands of them available. When you're focusing on a particular subject simply refine your search to include the subject you are interested in. Don't forget about unit studies. There are several sites that sell unit studies for relatively cheap and some that offer them for free.

The Library

Obviously, it would be a little difficult to find textbooks at the library that one could keep all year long. But, the library is a great source for reference books when you're studying a particular subject and don't forget about all the classic novels your child will read throughout the years.

A Little Help From My Friends

Some of your most important resources can be family and friends. Do you know someone else that is homeschooling? Would they be willing to sell or lend you books they no longer use?

Encyclopedias, reference books and classic novels your local library doesn't carry can make great gifts for your children or family.

Support Groups

Local homeschool support groups are great for many reasons and they sometimes have a book swap program.

Other Places

How about your local school district? They sometimes sell textbooks they are no longer using.

Putting It All Together

By now your head should be spinning with all the possibilities. I know your itching to get started but remember, focus and a plan are the keys to doing this successfully. You can become overwhelmed very easily with all the great resources out there.

Make sure there's ink in your printer and start with a plan. Decide what your child should learn for that particular year. Start with one subject at a time when you do this plan. Write it all down and develop a plan of study. http://www.donnayoung.org has always been one of my favorite sites for free printable forms that deal with planning and managing your home school. Once you are satisfied with your plan of study, search the Internet for lesson plans and curriculum, work on one subject at a time. Remember, you don't necessarily have to plan an entire year before the school year starts. You can plan a few months at a time and work on the rest as the school year continues. This can be a preferred method as plans tend to change throughout the year.

The most important thing to remember is that homeschooling should be a fun and rewarding experience for you and your children. So most of all, relax and have fun!
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About Author
Both Mario Carini & Kimberly are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Mario Carini has sinced written about articles on various topics from Fitness, Vitamin Guide and High Cholesterol. The author is a freelance write who has had many articles published at sites such as Helium, Suite 101 and eHow. He crafts his work in Ontario, Canada. To read his articles, send an email to: MrMaGca@gmail.com. Among his interests is treating diabetes thr. Mario Carini's top article generates over 60500 views. to your Favourites.

Kimberly has sinced written about articles on various topics from Health, Home Schooling. About The Author:Kimberly has been a home school mom for 6 years and is the owner/author of . A resource website for the home school co. Kimberly's top article generates over 1900 views. to your Favourites.
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