New Mexico DOC has always been one of the 2 or 3 lowest paid corrections in the nation. But because there has always been unlimited overtime our correctional officers hadn't been to terribly upset by this. If we wanted extra money we'd work a few extra shifts on our days off & TADA! A great big check.
With unlimited overtime available to me I've been able to make enough money that my wife is a stay at home Mom with baby #3 on the way. Life was always easy at the DOC, until a month ago.
To put the loss of overtime in perspective we are now living off of 38 percent of what we had been.
Some things we are now doing to live off less money has been to:
-cancel our Net Flix, dish TV, & all magazine subscriptions.
-We are no longer eating out except for special occasions at which time we'll eat at somewhere cheap like Taco Bell or McDonalds.
-I had originally planned on doing around 15 South West Challenge series Multisport races & the Redman Half Iron. Now I will only be doing the few triathlons which I've already paid for. The only reason I'm still able to do the Redman Half Iron is because my best friend will be doing it also & he said he'll pay for the lodging & gas. Thank the Lord for him!
-The races I still plan on doing that are out of town I'll be staying at KOA's & in a tent. To be honest I'm actually excited about this. I've always loved camping out. Now I can camp out & race all in the same weekend!
-We are becoming a 1 vehicle family. We selling our 2007 Ford Fusion. Unfortunately we are about $5,000 upside down, but it's cheaper to pay $160 a month on a $5,000 personal loan than $360 a month on a $23,000 car. Plus we'll be saving $80 a month on insurance. Anyone want to buy an 07 Ford Fusion with 32,000 miles, near mint condition, one owner vehicle? Retail is $15,000. Private Party is $12,100. We'll sell for $10,500. That's $4,500 below what you can buy it for at a dealership!
-I've planted a large vegetable garden so I can ensure my family will still have healthy veggies.
-I'm commuting to work on my bicycle.
-There's a bunch of other little ways we're going to try & save money such as buying food in bulk, buying our clothes & other necessities when possible at Good Will, etc.
Thankfully running & cycling is free;)
All in all I believe God will see us through this unexpected rough time. If you have an opportunity I'd sure appreciate prayers.
Peace Peeps! I'm out!