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Living Below Your Means
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By godzarf
April 23, 2002

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Although I tend to disagree with everything anyone says, unless I agree with it, I realize that this is part of my character, and is what makes me so likeable and charming. But it is also the very thing that requires me to go buy a mouth-horn, because I am frequently removing my foot from my mouth. Although, my mouth is beginning to acquire a taste for leather. :)

When I first started coming to this board, I posted about how I don't really want to live the LBYM lifestyle, but was being forced.

Well, this post is just a quick update...my wife is now unemployed, has been for a while. We have gone through about one month of unemployed wife and bills. Since we started preparing in January, we were ready to go. And things are great, not a hitch, exactly as planned.

I feel like I learned a really valuable lesson here. I COULD HAVE BEEN LIVING LIKE THIS ALL ALONG. Ack!!!!!!!!!!!!!! All that wasted money down the drain.

But, it is because of everyone here that I have been able to do this. I get a lot of tips on how to save money, and I apply them. I realize now that I need an e-fund, although the fact that I'm in an e right now, kind of makes that impossible, but I know to do it, in the future.

Now, my wife stays at home. When the baby is born on July 8th, she will stay home with the baby and be able to care for him. So, this board has given me more than an education on finances, but the peace of mind knowing that our son will be raised under our guidance (for 4 or 5 years, at least). This is wonderful for us. I never would have imagined that it could happen.

Also, we do not miss much at all. We couldn't attend a dinner recently with our friends because of the cost, but our friends know us and totally understood. They were great. They know what we're doing and can't figure out how we're doing it. They think we're worse off than we are, I think because they put themselves in the same position and can't figure it out.

Now, we're invited to dinner parties at their houses, then we just bring a small dish, or a $2.99 bottle of wine from Tader Joe's, or something. Works out great. And you know what? I'm more happy now. In the past, I would have taken a $90 bottle of wine. But, now I realize how stupid that was. I feel so much better knowing that no one really cared if it is a $90 bottle or a $2.99. They drink it just the same.

All our decisions have become easier. If something is not in the plan, it cannot be done. Or if we really need it to be done, like a vacation, we get creative. We try to figure out if there's something we can do that's a vacation, but really cheap.

My wife's friend lives in a really, really nice part of San Diego and has a HUGE home. They always ask us to visit, I think my wife and I are going to pop in the car and go visit for a weekend. I mean, how cool. It's like we're getting away, and we're visting some friends. That's what I mean by being creative. It may not be a week in Cancun, but it's still getting away.

Anyway, the whole point of this message is that the bills are paid, and there was still money left over. Things are going really well. But, it was because of the tips and advice (good and bad) that I got from this board that allowed us to succeed. And most of all, it was the help from you that is going to allow my wife and I the freedom to raise our son the way we want to.

So, from the bottom of our hearts, Mrs. godzarf and myself thank you for your contributions to our success and happiness.

-godzarf (living LBYM since 2002)


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