I had mentioned previously that we, as a family, are collectively imposing our own austerity measures for numerous reasons including (but not limited to):My pay is not keeping pace with inflation (as I am sure yours isn't either).
The price of essentials (food, gas, electricity, water) is now a consideration when budgeting.
The cost of our living to the planet.
So far:
1. I have cancelled my defined contribution pension with my employer.
It is currently worth less than the amount of money that has been deposited since I changed job in 2006. Long term I have no confidence in DC pension schemes. The idea that you could save for 20 or 30 years only to watch your pension be wiped out in one of capitalisms irregular but necessary slumps fills me with dread.
2. I sold my car and we are now a one car family.
My 2003 Citroen Saxo was hardly a gas guzzling extravagance but the petrol, insurance, MOT and service costs are not missed. I had to buy it (again for the change of job in 2006) but I have been increasingly working from home so it had to go.
3. I cancelled the family gym membership.
What are you? Some kind of bourgeois with your two cars and your fancy-dan gym membership.
No. I joined the gym initially to help with my depression - exercise did make a difference. But it is cheaper and much more pleasant to go on bike rides alone, or with wife and daughter, for pleasure or out of necessity (to the shops for milk for instance).
And I don't have to defend myself to you.
4. Sky TV has been cancelled and replaced by FreeSat.
6 million channels of shit that I pay for replaced by 1 million channels of shit that I don't pay for.
5. eBay is now the preferred supplier of any consumer goods. I also sell a fair bit on eBay as well.
I won't buy it new if I can get it 2nd hand and if I can get it cheap then even better. Not only that but if I sell all the stuff I no longer need or want then the transaction descends into a convoluted swap with PayPal acting as the (money grabbing) middle man. Who says a barter economy couldn't work?
The eBay approach has also been coupled with our long-standing commitment not to fund purchases through credit. If we can't afford it then we sell on eBay and save until we can. Simple as.
6. Charity shops are the 2nd preferred supplier of any consumer goods.
If I can't get it cheap on eBay then Charity shops are a good bet, especially for books, CD's and old vinyl.
7. Two car boot sales so far this Summer.
If it won't sell on eBay it gets added to the pile of stuff we take to car boot sales to sell. And if we see it cheap at a car boot sale then it gets bought.
8. No summer holiday this year.
Speaks for itself.
9. Weekend breaks paid for with Tesco Clubcard vouchers.
Yes, I'm an evil bastard because I shop at Tesco. I don't enjoy it.
But it does allow me to accumulate Clubcard tokens which I then exchange for Clubcard deals at 4x the value which I then use to book 3 nights away in a hotel in Nottingham for myself, wife and daughter. It's a cheap getaway.
Despite all the above I don't feel any better off but, long term, I think it will make all the difference.



















