Tuesday, October 12, 2010

Downsizing Saves

So, here we are in the market for a vehicle... again. We are actually downsizing and hoping to save anywhere from $200-$300 a month just in vehicle payment and insurance. Of course, we are downsizing to ONE vehicle! But, I don't really need a vehicle every day because I am a stay at home mom and RARELY ever go anywhere! So, what are the benefits to this? Of course, the number one reason we are doing this is to save money. We already pay about $520 a month just in the vehicle payment, plus insurance on top of that price which brings us to about $700 a month just on one vehicle. Another benefit is saving gas, which will increase and decrease often over time. Some of the downfalls of downsizing to one vehicle is just that - having one vehicle! I will have to wake up and bring my husband to work then pick him up when he is off of work. It sounds like such a hassle! But, I think it will be worth it.

So, this is what we are doing to cut costs and save a bit of money. What are you doing?

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