We've been tracking every shekel we've spent for the past few months. It's shown us where our money is going, but unfortunately hasn't shown us many areas where we can cut back. It's also illustrated how much of my adult life has been devoted to making money for other people. As a host for parasites. I'm developing a strange desire to stop "feeding the beast", to become one of society's parasites myself. (In my daydreams, I canoe back to civilization only occasionally, to collect my welfare checks and to see if there's anything good in the dumpsters.)
These are our biggest expenses, in descending order:
taxes
mortgage (which is entirely refinanced divorce debt)
child support
vehicle maintenance and fuel
food
Like I said, not a lot of places to cut back, at least not without going to jail.
Obama's curious plan to spend our way out of debt means taxes sure aren't going down, at least not for productive citizens.
There are 8 years left on the mortgage.
At least three more years of child support.
Our vehicles are old and should be replaced. That would reduce maintenance costs, but of course the savings would be more than offset by the purchase prices and higher registration taxes.
That leaves food. Fortunately I had the sense (okay, dumb luck) to throw in with a supermodel who has a genius for frugal shopping and performing miracles in the kitchen. So life could be worse. We already enjoy foraging as a family, and I'm planning an exceptionally large garden for the coming season. And I swear I won't neglect our fruit trees this year.
And organic, free-range fish grow in our front yard.