Comments on: How do you deal with a budget deficit? http://www.rocketfinance.net/2008/05/02/how-do-you-deal-with-a-budget-deficit/ Finance is not rocket science, unless it is government finance. Sat, 05 Jun 2010 22:48:26 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Back To Basics: 79+ Brilliant Budgeting Resources You’ll Love | My Super-Charged Lifehttp://www.rocketfinance.net/2008/05/02/how-do-you-deal-with-a-budget-deficit/#comment-13541 Back To Basics: 79+ Brilliant Budgeting Resources You’ll Love | My Super-Charged Life Tue, 14 Oct 2008 11:04:36 +0000 http://www.rocketfinance.net/?p=308#comment-13541 [...] 40. How do you deal with a budget deficit? [...] [...] 40. How do you deal with a budget deficit? [...]

]]> By: Free money, stimulus and blessing | rocket financehttp://www.rocketfinance.net/2008/05/02/how-do-you-deal-with-a-budget-deficit/#comment-3018 Free money, stimulus and blessing | rocket finance Fri, 13 Jun 2008 13:50:37 +0000 http://www.rocketfinance.net/?p=308#comment-3018 [...] a number of occasions, I have shared that we are dealing with a monthly budget deficit of $300 to $500 since we are renting in Colorado yet still making payments on a home in Wisconsin. We were blessed [...] [...] a number of occasions, I have shared that we are dealing with a monthly budget deficit of $300 to $500 since we are renting in Colorado yet still making payments on a home in Wisconsin. We were blessed [...]

]]> By: Gift cards and groceries | rocket financehttp://www.rocketfinance.net/2008/05/02/how-do-you-deal-with-a-budget-deficit/#comment-2469 Gift cards and groceries | rocket finance Tue, 13 May 2008 17:01:46 +0000 http://www.rocketfinance.net/?p=308#comment-2469 [...] week and we have began discussing plans for that money. Ultimately, the money will simply reduce our budget deficit for the year, however we want to make sure that the free money makes the greatest possible impact [...] [...] week and we have began discussing plans for that money. Ultimately, the money will simply reduce our budget deficit for the year, however we want to make sure that the free money makes the greatest possible impact [...]

]]> By: Elizabethhttp://www.rocketfinance.net/2008/05/02/how-do-you-deal-with-a-budget-deficit/#comment-2346 Elizabeth Sun, 04 May 2008 15:11:12 +0000 http://www.rocketfinance.net/?p=308#comment-2346 We have someone interested in renting, but at this point we are just hoping to sell it, cut our losses and be done with it. Our community doesn't allow for long-term rentals anyway. I'm hoping that as the rebate checks come maybe people will be inspired to buy... our townhouse is VERY low cost (less than 65K) and the main problem is that we have "competition" who have remodeled their homes... and we haven't. But in our favor the location is excellent. We have someone interested in renting, but at this point we are just hoping to sell it, cut our losses and be done with it. Our community doesn’t allow for long-term rentals anyway. I’m hoping that as the rebate checks come maybe people will be inspired to buy… our townhouse is VERY low cost (less than 65K) and the main problem is that we have “competition” who have remodeled their homes… and we haven’t. But in our favor the location is excellent.

]]> By: rocketchttp://www.rocketfinance.net/2008/05/02/how-do-you-deal-with-a-budget-deficit/#comment-2341 rocketc Sun, 04 May 2008 04:45:17 +0000 http://www.rocketfinance.net/?p=308#comment-2341 Elizabeth: please keep me updated on your situation. We might also start renting our our home . . . hopefully this doesn't impede our ability to sell it. Silicon blogger: thanks for stopping by! My wife enjoys your grocery posts - she just showed me a receipt where she saved 50%! Elizabeth: please keep me updated on your situation. We might also start renting our our home . . . hopefully this doesn’t impede our ability to sell it.

Silicon blogger: thanks for stopping by! My wife enjoys your grocery posts – she just showed me a receipt where she saved 50%!

]]> By: The Digerati Lifehttp://www.rocketfinance.net/2008/05/02/how-do-you-deal-with-a-budget-deficit/#comment-2338 The Digerati Life Sat, 03 May 2008 21:47:22 +0000 http://www.rocketfinance.net/?p=308#comment-2338 I like your list! Since switching to blogging as a main income, I have also needed quite a bit of prayer to help tide us over the gaps... :) My main strategies: 1. cut down on costs a lot 2. find side jobs, freelance projects and work on my blog for the income 3. have faith/pray that the hard work will pay off and I won't have to go back to a real job in the future... ;) I like your list! Since switching to blogging as a main income, I have also needed quite a bit of prayer to help tide us over the gaps… :) My main strategies:
1. cut down on costs a lot
2. find side jobs, freelance projects and work on my blog for the income
3. have faith/pray that the hard work will pay off and I won’t have to go back to a real job in the future… ;)

]]> By: Elizabethhttp://www.rocketfinance.net/2008/05/02/how-do-you-deal-with-a-budget-deficit/#comment-2335 Elizabeth Sat, 03 May 2008 14:44:06 +0000 http://www.rocketfinance.net/?p=308#comment-2335 We are in a similar situation to you!!! We thankfully have only "overspent" once by $100, but we have already used up our savings paying for our house in the Midwest, waiting for it to sell... however, we have other resources coming our way in the near future, and have also benefitted from renting from my dad who is allowing us to pay less rent at the moment. Once we sell our home we would shift to having a "surplus" and then we will start to save again. We are in a similar situation to you!!! We thankfully have only “overspent” once by $100, but we have already used up our savings paying for our house in the Midwest, waiting for it to sell… however, we have other resources coming our way in the near future, and have also benefitted from renting from my dad who is allowing us to pay less rent at the moment.

Once we sell our home we would shift to having a “surplus” and then we will start to save again.

]]> By: rocketchttp://www.rocketfinance.net/2008/05/02/how-do-you-deal-with-a-budget-deficit/#comment-2326 rocketc Fri, 02 May 2008 14:16:13 +0000 http://www.rocketfinance.net/?p=308#comment-2326 You and me both! You and me both!

]]> By: plonkeehttp://www.rocketfinance.net/2008/05/02/how-do-you-deal-with-a-budget-deficit/#comment-2325 plonkee Fri, 02 May 2008 11:22:38 +0000 http://www.rocketfinance.net/?p=308#comment-2325 This is where having an emergency fund is helpful. It's a good job that you didn't wait to discover sensible personal finance until now. Hopefully, your house in the mid-west will sell quickly and then you'll be back into normalcy. This is where having an emergency fund is helpful. It’s a good job that you didn’t wait to discover sensible personal finance until now.
Hopefully, your house in the mid-west will sell quickly and then you’ll be back into normalcy.

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