Loading...

Wednesday, August 19, 2015

How to Survive a Financial Crisis

Nothing is permanent. That is very true most specially, when it comes to money. I am sure at some point in your life, you may have experienced a financial storm that had truly impacted your life. Going through a financial crisis is a no brainer cause for stress. On my post about How To Survive and Thrive On a Single Income , we experienced the hardship of the recession. It was a few years ago but we can not deny the valuable lessons we learned from it. Most families I think learn from it.

Whatever the unexpected situation you might be facing , it can be a job loss or a situation where it requires you to live below your means..getting ready can bring you peace of mind.




BUILD YOUR SAVINGS ACCOUNT

  Some may call it an emergency fund. I had written a post about brilliant ways on how you can build your savings account. It is not hard really, you just have to start. NOW.  If a $1 savings plan or $5 savings plan is still not doable..start at .25 cents and let it grow. By the end of 52nd week you will have $344.50. Yes, it may not be enough for a whole family but imagine if you start putting a larger amount every week. Diligently.

Check out my recent post on : 6 Superb Ways to Build Your Savings Account.


START ADJUSTING YOUR BILLS

Sit down and give this part an hour or two. Decide on what bill expenses you can trim down. It can be your cellphone bill, maybe you can downgrade a plan or call to negotiate your current plan. If you have a cellphone, does having a home phone matter? Maybe you can for go some subscriptions for the time being : netflix, magazines, or other monthly subscriptions.

Sometimes it is important to know when to ask for help. For some, relying on government assistance is just a NO-NO. I am not suggesting that you will just solely rely on it, all I'm saying is..sometimes we need to do what what we have to do to stay afloat. Maybe a government assistance --such as utilities payment assistance will greatly help.

Resources to check :
 Healthcare.gov -->If you’re unemployed you may be able to get an affordable health insurance plan through the Marketplace, with savings based on your income and household size. You may also qualify for free or low-cost coverage through Medicaid or the Children’s Health Insurance Program (CHIP).

211 - Call to find organizations near you that offer low cost rent or mortgage help( unemployed).  You can also Google 211 for your state : 211la.org for LA County , 211texas for Texas , win211.org for Washington, 211ct for Connecticut , 211SanDiego for San Diego CA

Administration for Children and Families-  Look for the Low income home energy assistance, for utility assistance. You can also find other great resources here like headstart for kids and other support ( homelessness, abuse , human trafficking etc)

WIC- if you have children below the age of 5 and meet the income qualifications, you can apply for WIC. If you are on this program, it will also open doors for other assistance like : utility assistance, CA lifeline for phone services.

MAKE A "WE CAN LIVE WITHOUT THIS " LIST

It can be your weekly dining out or what I have mentioned above, it can be a monthly subscription that you can completely live without. Make a list of certain things that you can live without. You will be surprised on how much you can actually save with this list.


MAKE EXTRA INCOME

If in the case that you were laid off, well by all means take a break if you needed to BUT always..always make sure your resume is updated . You never know when a good opportunity will come knocking on your door. Include all and any newly learned skills that you may have. If you are tech savvy and knowledgeable with the in and outs of social media, do mention that. All companies nowadays consider social media marketing as a great tool.

Got more skills? Make a list of skills that you are good at in addition to your line of work. If you are really good at crafts, homemade gifts , why not sell it on etsy? or start a blog ( free at first), start a facebook page and market your creations. Do you rent? Ask the owner or land lord if you can trade in some handyman skills you have, in lieu of some or all the rent.

Check out my recent post on : Work From Home Jobs ( for bloggers and non bloggers) and 20 Ways Bloggers can Earn Money.


FACE THE DEBT BEFORE THE CRISIS

Sometimes we dig our own grave. Does that sound harsh? Only a few people live on "what if's " . I can't blame them..that is just not a way to live. Besides, the words "fear not " is mentioned 365 times in the Bible ( well, some say that that is actually exaggerated..some say only 200 some 314 times). The point is, whatever number that is. God does not want us to worry.. to fear.  He also wants us to be a good steward of our money. Even before you face a financial storm, face the debt.  You wouldn't want that added stress of debt .


SIZE IT DOWN

There is nothing wrong and embarrassing about downsizing. I will be honest here.. We did downgrad to a smaller place when we faced a financial storm ( 2008-- who didn't?) . I felt so terrible, ashamed and just flat out awful. I was thinking  family and friends may look down on us because -- WE DIDN'T OWN A HOME. The fact is I absolutely missed the truth, that we are actually gaining something. We took a responsible and humble step of downsizing. Keeping up with the Jones's will tear you down. It doesn't matter what other people or family may think of you. Take a big step of stepping back, not because you are moving backwards BUT because you realized what really matters in your life.

Optimist: Someone who figures that taking a step backward
after taking a step forward is not a disaster, it's a cha-cha.” 
-- Robert Brault. 
Tweet:  “Optimist: Someone who figures that taking a step backward
after taking a step forward is not a disaster, it's a cha-cha.”

NEVER. NEVER . EVER LOSE FAITH.

There will be times where you've been submitting resumes left and right. Times, when you did all the best that you can. Those days where everything seems like all the problems in the world are in your hands and the "rainbow" after the rain is out of sight. NEVER. EVER. LOSE THE FAITH.  Keep on pressing , keep on fighting. Remember that , " This too shall pass"

 Here are Bible Scriptures for you to reflect on and to give you strength on your
temporary problems :

2 Corinthians 4: 17-18For our present troubles are small and won’t last very long.  Yet they produce for us a glory that vastly outweighs them and will last forever.  So we don’t look at the troubles we can see now; rather, we fix our gaze on things that cannot be seen.  For the things we see now will soon be gone, but the things we cannot see will last forever.

Matthew 6 : 25- 27 " That is why I tell you not to worry about everyday life—whether you have enough food and drink, or enough clothes to wear. Isn’t life more than food, and your body more than clothing?  Look at the birds. They don’t plant or harvest or store food in barns, for your heavenly Father feeds them. And aren’t you far more valuable to him than they are? Can all your worries add a single moment to your life?

Hebrews 11 --> About great examples of faith
Genesis 22:11 --> Abraham's faith was tested
Genesis 39:21 --> Our Lord's faithful love FOR Joseph 
Proverbs 3:5-6 --> Trusting Our Lord
Isaiah 41:10 --> The Lord is always with us
John 14:24 -->Do not let your hearts be troubled
Psalm 46:13 -->God is our refuge
Psalm 55:22--> Casting our cares onto the Lord.



Subscribe to our weekly FREE Newsletter

* indicates required
Powered by MailChimp



Shared with:

Wedded Wednesdays @ Messy Marriage
WholeHearted Wednesdays @ Whole Hearted Home
A Little R & R Wednesdays @ A Little R & R
www.domesblissity.blogspot.com
Coffee and Coversation @ Moms Morning Coffee
Creative Ways @ Posed Perfection
 Shine Blog Hop @ Deliberate Mom 
 Thoughtful Thursdays @ Creative K Kids
 Friday Flash Blog @ http://www.thejennyevolution.com/

Tuesday, August 18, 2015

Cookie Butter Roll Ups

So I finally tried the cookie butter.. I know huh..I am so "yesterday".  My sister's love it and so do my nephews but I never had the chance to try it , even though we live very close to Trader Joe's . Now that I have,YUM,what was I thinking, Don't be me. Cookies and butter,what's not to like.

Yum


Ingredients:

8 slices of whole wheat sandwich bread
1 egg
2 tbsp milk
1/3 cup granulated sugar
1 tsp cinnamon
2 tbsp butter ( may use more for frying)
Cookie butter

Directions:

Cut all the crust from the sandwich bread. Flatten it out with the use of a rolling pin. If you do not have a rolling pin, a glass would do the job.


Whisk the egg and milk together, set aside.  Combine the sugar and cinnamon in a shallow bowl or dish, set aside.


Spread a teaspoon ( or a lil bit more) of cookie butter on your bread.  Spread it in the middle , leave an inch from the edge of the bread. Roll it up nicely.


Using a skillet,(medium heat) melt your butter . Dip the rolled bread in the egg and milk mixture and place the roll ups into your hot skillet(medium heat),until browned.Turn your roll up and fry until all sides are browned.


Place the fried roll ups in the cinnamon sugar mixture. Coat the roll ups nicely with the sweet mixture.



 Serve with milk,coffee or tea.


I would love to connect with you! 
http://www.abountifullove.com/2015/04/breakfast-biscuits-copycat-belvita.html
http://www.abountifullove.com/2014/07/caramel-apple-muffins.html


Shared with :

Tasty Tuesdays @ new mrs. adventure
Tastebuds Tuesdays @ Lorie's Culinary Creations
Tuesday Talk @ Living In This Season
Creative K Kids Tasty Tuesdays @ Creative K Kids 
 Inspire Me Wednesday @ Adventures Of Mel
www.domesblissity.blogspot.com
Coffee and Coversation @ Moms Morning Coffee 
Work It Wednesday @ The Turqoiuse Home
Wake Up Wednesdays @  Far From Normal