I’ve never been so happy to spend money on something I didn’t need yet.

In late August, I called my natural gas company to get their advice on locking in the winter’s fuel price. I had no idea whether to choose a rate lock, a pre-pay or a budget plan.

I learned that if I topped off my tank  in August, the price would be $2.74 a gallon. If I pre-paid my winter’s fuel I’d pay $3.09 a gallon, the sign-up fee would be waived and there would be no delivery fees all winter. Or I could do a rate lock where I’d pay a fee for the lock (about $100) and a delivery fee each time they came out plus the cost would be $3.19 a gallon. A budget plan would spread the cost over the entire year, not just the heating season.

So many choices! I talked it over with the nice gas company rep. Since I had money in the bank, I decided to spend now to save money. I pinch pennies all the time to have them pile up to dollars. Having done that, I got to make my dollars save us hundreds more over the winter. Now that gas prices are soaring I’m even more thankful that I could spend money to save money. If I didn’t have any money it would spiral the other way. You don’t have money in reserve, so you choose to let go of the least amount possible today. You choose the greater cost per gallon and a payment that comes later. If you don’t have the money when it comes due, you pay late fees. There is an upward spiral and a downward one. If I say no to lots of little expenses like a new DVD, fast food and clothes, I can get on the upward spiral.

All it took was about 10 minutes on the phone to save over $300. There’s a benefit of being a stay at home mom! You can be the family’s financial gate keeper. Your input into the family is felt in many ways and finances IS one of them.

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