Like countless other families we are struggling with debt issues...we live paycheque to paycheque and there is no room in our lives for when things go wrong, (and when they do...like the time our car just refused to start...we panic). I've decided that I need to get a good solid handle on our finances. I am starting to tackle our debt one debt at a time. Part of this plan of mine means that I need to set limits on our spending...it means that I need to set an amount that we can afford to spend on gas, groceries and fun money. The problem with using your debit card is that unless you keep meticulous records, you have no idea how much money you're spending. I need to get control...so I came up with a craft that can help me!
These are my new money wallets. I made one for "groceries" one for "gas" and one for "spending"...the "spending" one is basically whatever we want that doesn't fall beneath the other 2 catagories...magazines, movies, books, yarn, etc... As soon as we get paid I'm going to fill these with what we've decided we can afford...and when the moneys gone...well, so be it! Livin' on cash baby!!!!
Now...I'm going to give a brief tutorial on how I made these, but I am not the worlds best sewer...I am not the ideal person to teach you how to install a zipper! There are other wonderful sewers out there who have tutorials on how to do such things...if you need the extra help, google can be your best friend! You could also run out to the dollar store and buy some plain pencil cases and embellish to your hearts delight, (but since we're trying to save money here, and you probably already have fabric, zippers, thread, etc...here's the DIY)!
First I got some lovely prints out of my stash...I wanted each wallet to have a different print. Then using a business envelope, I traced a rectangle onto the fabric. Taking an iron I pressed down a 1/2 inch seam at the top. Then I pinned on the zipper...like so. You will need to use a zipper foot on your sewing machine to sew on the zipper. Good luck!!!
Next I got out some plain white ribbon from my stash as well as my alphabet stamps. I stamped onto the ribbon the words, "groceries", "gas" and "spending". Of course you can stamp on whatever works for your family.
Then I blanket stitched each one onto the wallet.
Sew up the side seams and bottom, I'm sure you can do it straighter than me!
And your fancy new "wallets" are ready to use! I plan on keeping mine in my purse, as I'm the main shopper in the house. I plan on giving Keith my debit card too, so there will be no impulse buying going on, (oh, and the credit cards will be chillin' on ice)! I would love to start a discussion on how to curb personal debt...I know I'm not alone in this!
Spending in moderation