Saturday, December 26, 2015
Weighing/exploring housing options and impact on my budget
I am certain that we will be moving this Summer, with my lease ending in July. I simply will not be able to continue to cover the costs of living here, with child support ending in June. Knowing of this impending move, I have been exploring different towns as well as the city just North of here, where we spend the bulk of our time with errands/shopping/medical apts etc. I am tryng to get a feel for the rental markets in those other areas as well. What type of housing is available (private home, appartment in home, duplex, appartment building, town house/condo). Come April, as a realtor advised, this search will be in earnest.
image ; http://static1.squarespace.com/static/5399c346e4b06cc1bc91bf8f/539a1993e4b0a4fc13d7ef46/539a1993e4b0a4fc13d7ef48/1402608093307/Apartment+Building+Insurance+in+Oklahoma+by+Professional+Insurors+Business+Insurance+OKC.
I am seriously considering a move to a complex, (vs a private home)as in addition to dropping my rent costs, costs for lawn care/snow removal/firewood/chimney cleaning/trash would be eliminated from my budget completely. There may be further reductions in different line items of my budget as well such as reduced oil as it'll be a smaller place to heat, possible reduction in auto and renters insurance as well as auto excise taxes- all of which are based on zip code(they could theoreticaly also go up!), and I would expect a reduction in the charges by my cleaning service, as their fees are supposedly based upon square footage of home. Not including the last list of possible further reductions, I stand to save $241.16 in the elimination of services that I first listed. Coupled with the reduction in rent, having looked at 5 complexes on line, I immediately stand to save $$826.16 to $1492.16/month. These are moderate rentals. Yes, Connecticut is a very expensive place to live.
A private home rental can be found in these same towns/city, in a price range I am comfortable with but there would be the added upkeep services as costs. Something I am still considering; a downside to complexes are hearing the neighbors!.
I am also pouring over all areas of my budget, seeking possible reductions. Some will happen soon:
-Verizon bill dropping as I remove DS #1 who is supposed to be reimbursing me for his line ($15/mo) but continues to need to be chased after. I told him last month that i was tired of it, go and get your own line @ probably $35/mo depending if he upgrades to a smart phone (he only has unlimited talk/text thru me on a plan that Verizon no longer offers). I need to decide what phone I need. I hope to handle that this week.
-CSA is being dropped. Those funds, however, will roll over back into my general grocery budget. We are now actively using up what few "forbidden" sodium ladden foods are on hand, as well the general pantry and freezer stockpiles. I don't want to have to move it, we'll eat it, saving me from spending at the stores. I can rebuild later, on a smaller scale.
-I am looking at all of our possessions, earmarking what to sell/donate and selling what I can now. Cash acquired can offset anticipated moving expenses. Until I commit firmly to a new residence, I won't know for certain what furniture, for example, I need to sell.
Some will be effective in June, with the twins turning 18: all clothing, haircuts are on them, although I will continue to gift at birthdays/Xmas, as I have done with the older 2. Slowly, they are expected to cover their own costs, as a means to build independance, they already cover their "extras" and entertainment/outings etc.