Bare Bones October

We've decided to challenge ourselves and our budget for the month of October.  In an attempt to accurately determine how much we can actually do without, we are going bare bones this month.  We have drastically reduced the spending amounts for each flexible category in our budget, and completely eliminated a few for this month.  If we are able to maintain this budget, we will be on track to pay off the remainder of one student loan this month and sock away about $1200 into savings.

This will be a good test for us to see if we really, truly are ready for the lifestyle changes and sacrifices that will come with moving to one income.  If things go well, we're hoping to be on one income within 6-10 months.  In the meantime, we plan to stay on the pared down budget and put away some serious money into savings to cover the C-section birth of our next child.....hopefully, within the next 2 years.  We have insurance, but no maternity coverage.  From what I can tell, a C-section in this area costs about $15,000 on a cash pay plan.

I'll keep you updated during the month to let you know how we're doing.  I'd love to hear if anyone else has a budget goal they're working on this month!