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Competition Season is Upon Us

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All the months of training, all the months of driving hours back and forth to practice, all the blog debate on the cost of my kids’ activities (that is supposed to make you smile,) today is the day we have been preparing for! The competition season is upon us! Gymnast and I drove about 3 1/2 hours last night to be ready for his first gymnastics meet of the season today.  Woot, woot. I cannot wait to watch him fly!

Pictures of Gymnast competing a couple of years ago.

Now before you jump on me for the cost of this endeavor, it is built into my budget, Gymnast’s training cost $240 per month during the season (less in the summer when he comes less often.) I have $350 per month in the budget to cover the costs of attending meets and meet fees.  Financially, I have planned for this.

With that being said, and with my goal of getting rid of some debts before the end of the calendar year, I am doing my best to squeeze every single cent out of my budget. I thought I would share some of my tips and tricks I have learned over the last 7 years of having a child in a competitive sport (and now two children in competitive sports.)

Tips for Managing and Controlling the Expense of Competitive Sports

  1. Barter – you know this is my go to trick. I bartered for 4 years of Tae Kwon Do training, culminating with Princess getting a internationally recognized Black Belt. I also bartered for 4 years of gymnastics training. (And I am working on bartering for volleyball right now.) I have provided tech support, website design and general admin work in return for the monthly cost of training.
  2. Used Equipment – all the teams we have participated in have at least yearly “used equipment/uniform sales.” Taking advantage of these can literally save you hundreds of dollars a year. This year Gymnast uniform package cost me $200 dollars! I would have happily bought used if he weren’t the biggest boy on the team, alas, all new for him this year.  But you get my point, right?
  3. Car Pool – when we first started gymnastics, another little boy on our street did as well. We traded off driving every week, it was fantastic! It gave me some of my time back AND saved me some gas money. That is not an option where we are now, but if it were, I would jump at it!  I’m just grateful that now both kids will be in sports within a couple of miles of each other rather than states and counties away.  That will save me some time and money compared to the spring.
  4. Travel – If your sport requires travel with overnights, those hotels can quickly add up, especially with one or more competitions per month during the season. If at all possible, we have driven up and back on the same day, but sometimes, you just can’t do that (especially when there is only one driver who needs to sleep sometimes.) I have found three tricks for saving on hotels outside of the typical bargain hunting as far in advance as you can.
    1. Share a room with another teammate and their family. This is pretty uncomfortable to me, being a single mom, so not one we really do. But I know others who do this regularly.
    2. Use credit card points for hotel stays. Now this one I do ALL the time, and was probably the reason I was no opposed to giving up my credit card use. I have one card I use, that I use like a rolling line of credit, use it and pay it. The points add up quickly that way. That is how I paid for Gymnast and my room last night.
    3. Join hotel points programs, and save them up. I am a member of two Hotel programs, both free to join. Any time we travel, I look for those hotels first. Every dollar spent, we get points. Every night spent, we get points. You get the picture. (Most of them also have credit cards that allow you to earn more points. As tempted as I am at times, I know that is not a wise choice for me.) Those points add up. And we use them for stays.
  5. Food – Nuts, granola bars, jerky. I keep some of each in my car, all the time. It helps quench the “I’m dying of hunger” needs without stopping at the most convenient drive thru or convenient store. This is especially key after practice when we are still an hour away from home.In addition, all our hotel choices when we travel, offer FREE breakfast and most of the time have a free fruit snack for kids i.e. apples. When we travel, we pack the meal for the ride there. Typically sandwiches and chips. This typically leaves us with 1 maybe 2 meals that I must pay for. In all cases, we drink water, depending on how many of us go, this can save me up to $15.

These are just a few of the tips I have learned over the years. There are as natural as breathing to me. My kids are also well versed in our frugal-ness when traveling.

One thing we like to do when we are in a new place, as we will be a lot this year, is try things unique to those places (within reason.) Typically, one child gets on Yelp to find the restaurant.  We LOVE Yelp in that we can find things based on food type, cost and location. If they choose something that is a bit more pricey, not all the way pricey, they know as soon as we sit down and I eyeball the menu, they will get a budget for their meal. It’s fun to watch them barter and share things to try more, get more.


What to do When You Lose Your Job

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I’ve been attending a Job Transition group since I got the news of my impending lay off.  It’s been great to connect with like minded people (faith based group) who are going or who have gone through similar situations.  This morning the talk to turned to me with questions of healthcare now, unemployment benefits and general “what to do when you lose your job” tasks.

It’s been a LONG time since I was here…2006 to be exact.  Then it was pretty cut and dried.  I applied for unemployment benefits that lasted 4-6 months, paid for COBRA medical coverage for up to 18 months to continue our medical benefits and started a job hunt with weekly reporting to the Employment Commission to continue to receive my unemployment payments.

Now I’m not leaving corporate, I’m leaving contract work so no unemployment as far as I know, no COBRA and I had three weeks notice rather than the single day I had last time.  Very different and not so cut and dried.

So I’m hear asking for your collective wisdom…what do you do now when you lose a job?  Here’s what the Job Transition group advised me this morning….

  1. Apply for unemployment…let them tell me if I’m eligible or not.  At least it might result in some temporary income.
  2. With the new Obamacare, I cannot let my medical insurance lapse or I will face penalty, so I have to do something about that.  And without steady income, well that could be problematic.
  3. There  are lots of alternative resources out there, research them now, apply for help now, just in case, so that I don’t get to the point where I’m panicking and reach the point of no return with certain financial matters…suggestions are United Way (strict guidelines for help that I probably wouldn’t meet at this point,) local churches are not governed by strict regulations, grants for single moms, etc.

So here I am asking for your best advice, what would you do in my shoes?  What steps do I take now?