Hello everyone! Thankyou so much for sharing your insourcing efforts last week.
This is such an important idea for me. Once I realised that I could save more money for my family by insourcing, than I could at my daytime job, I was off and running! And for anyone thinking 'I can't do that...I could never replace my income', I will say that I was in a senior management role in media, my time was charged at $300 an hour, and I thought I was at the pinnacle of career girl life.
However, I was exhausted, stressed, and never seemed to get to the end of my ever growing list of tasks. Weekends were spent shopping and cleaning and by Sunday night, all I wanted to do was flob on the couch.
Socialising was more about outdoing one another than enjoying each others company, and what I spent on wardrobe, hair, and parking is no doubt the reason I never got ahead financially!
My decision was thrust upon me with my youngest son's diagnosis of Cerebral Palsy. Suddenly, I had other priorities, and damned if I wasn't going to give my son the best life he could possibly have. It's amazing how events beyond our control, sometimes change our lives in ways we could never have anticipated. Suddenly my wardrobe full of designer corporate gear was irrelevant. You can't shimmy around in a bashed silk two piece suit, doing therapy on the floor with a two year old that can't sit up by themselves.
Whilst I miss the wardrobe of pretty clothes and high heeled shoes now and again, I've never regretted my decision to put my energies where they were most needed. And the older I get, the more proficient I become at insourcing and challenging myself to find new ways of saving money. And FYI, my son is now nearly 24, lives independently with a team of carers who are remunerated by way of a hard won funding package, and is the envy of other people with similar disabilities. This was only achieved by treating the planning of his life with dogged determination and the belief that it could be done, no matter how many times we were told 'no'.
But I digress.
The other idea that is really key here, is accepting that no matter how much money you have, everyone's (well, nearly everyones) income is still finite. I have two good friends who have frittered away their career earnings on a bigger and better this or that, and find themselves approaching retirement with far less than they had planned...if anything at all. It's heartbreaking.
So...without further ado...this weeks insourcing included:
Sourced some new optical frames on eBay saving anything up to $1000.
Gifted my daughter a pearl pendant inherited from my Mum, for Valentines Day, saving $150 on a similar one. She loves it and I think Mum would be thrilled.
Made school lunches saving $100 and probably my daughters good health.
Made a seafood dinner for Valentines Day saving up to $400. Our meal included oysters, crab, and salmon, so that's not out of the ball park at all.
Made onion confit for my sons for Valentines Day.
Held my sons team meeting at his home instead of at a coffee shop, and had the pleasure of seeing him chair the meeting in an admirable fashion, whilst saving me $65 in coffees and cake. I provided my coffee machine and my lush chocolate cake instead and everyone was happy.
That's a total of around $1700. And really that's conservative.
If I added in the snacks and lunches I packed for my daughter for her weekend of rehearsals for theatre and school musical, the cake I baked for the cast at theatre, and the meals I made for the week with no takeaway or restaurant meals sourced, I'd really have to add another $200-$400.
And again, that's not unrealistic when a cake of a similar size would be $40 at least, sushi and snacks would be $15 a pop multiplied by four, and meals like 'Seared rump roast served with roasted garlic mash and seasonal vegetables', 'Chicken Florentine with wild rice and steamed garden greens', and 'Souffle omelette served with caprese salad' graced our menu last week. I'm nothing if not a proficient cook! BUT, I only got to be so, through not having to devote time to an external career.
I feel good about my week.
How about you?