Monday, September 03, 2007

Frugal Five Meet Connie

Connie is a new stay at home mom from the Chicago area that is starting to learn the frugal ropes.


What is your financial life?
My son was born 2 months ago and we have decided that I will be a stay at home mom for a while to be with him, so we really only have 1 income coming in now. Right now we are have 2 car payments- I am looking to sell one of them. We are currently renting a small 1 bedroom apartment. We have our son Eric in a small crib but we will need a larger apartment or hopefully buy a house within the next year. I do hope to start working at home in the next couple of weeks.


What is your budget buster?

It is the 2 car payments. We pay more than $600 a month. (Check out Car rich, cash poor )




What is your favorite money saving tip?

I am so new to being frugal that I really don't have a tip just yet. I kind of feel like a money mess. I would suggest though keeping a budget so you can track your spending.




If you had an extra $1000 what would you do with it?

I would put it towards the cars right now.

What is your best resource for frugal living?
I have been hanging around at www.savingadvice.com to see if I can pick up any money management tips. I need a lot of help there.




Thanks Connie for sharing all of your great tips! Let us know if you would like to be profiled in the Frugal Five

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