The Compact


So we have two cars that are currently “under the weather.” One has numerous transmission issues, and still resides in a Lee Miles Transmission in a big city far far away, while the other lies sleeping in our driveway, unable to start. It’s either the battery or the alternator, so we chose to buy a new battery hoping that will fix the problem.

Now we compacted not to spend money on new items, with the exception of food, medicine and sanitary items, a promise we’ve kept so far. The transmission has been rebuilt (which sadly only had a 1 year warranty on it!) and we could have gone to a junkyard to get a used battery, but we made the exception to get it new. We cannot afford for our cars to have more problems. It’s penny-smart and pound-foolish to buy a used battery when we are having serious car problems, and serious money problems.

As if I didn’t think things could get worse, they just did. We took a trip into the city yesterday and our car broke down. It looks like it will be $2000 to fix it, and I’m still not sure where that $$ will come from. Our debt is sky high, and the job situation here is bleak, at best. Yet, we know we need to stick it out here in rural America and deal with the situation.

So here are our new resolutions:

1) To not buy anything new until at least 2008, except food, medicine, health items and underwear/socks.

2) To borrow, barter or buy used for items that we *need.*

3) To use what we already have sitting around gathering dust in our home. Or even better, sell what’s already gathering dust in our home.

Basically, in econonic-speak, we are trying to cross the line from being consumers into being producers. No longer will we buy into this crap that corporate America dictates that we need the biggest, best, or most expensive item. No longer do we need to keep up with the Joneses or the Robinsons. We’ll just be us, and hopefully this will lead us out of debt and into solid financial footing.

This blog will chronicle our journey. . .