Nov 7, 2012
A Cure for End of the Month, No Money Blues
1. Have extra food on hand. But be organized about it. Don't just buy random, miscellaneous things, or you'll end up serving Ramen noodles with Saltine crackers for your family's dinner. Instead, pick a few meals everyone likes and stock up on the ingredients for them. You should be able to make these meals without fresh ingredients because you n eedto be able to store those ingredients for at least a few months. The best choices are meals that can be made with canned or dried food, like my Heart "Dump It" meal.
How many extra meals you keep on hand is up to you. At the very least, you should have a few days worth of food. I suggest maintaining at least enough food to last you a week or two, should you really feel a financial end-of-month crunch (or should a natural disaster strike).
Now, I don't expect you to buy all this food in one fell swoop, thus ensuring you'll have the End of the Month, No Money blues this month. Instead, buy a little at a time, when it is on sale. And don't touch your extra food unless you really need to.
2. Always have one extra in the cupboard. When it comes to other necessities, like toilet paper, toothpaste, or laundry soap, buy one extra (ideally when its on sale). As soon as you use up one tube of toothpaste, you may open the extra you have stored away - but be sure to replace it next time you go shopping.
3. Learn to use less. If you consistently don't have enough money at the end of the month, first you need to carefully whittle away at your budget. (What? Don't have a budget? That may be your whole problem! Learn how to start one here.) But another way to ensure you have enough every month is simply to use less. For example, learn to use washable dish cloths instead of always using paper towels; switch to reusable, cloth menstrual pads instead of disposable ones; and learn to use less laundry detergent.
For more ideas on making your money last until the end of the month, check out these posts:
10 Expensive Food Habits That are Killing Your Budget
Bill Lowering Sites
10 Wasteful Practices
Grocery Price Books Make Good Cents
7 Ways to Lower Your Grocery Bill
Saving $ on Electricity
Upcycling & Remaking Clothes