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Home > Last Zero Balance Budget of the Year - An ah ha moment

Last Zero Balance Budget of the Year - An ah ha moment

December 21st, 2017 at 07:26 pm

Though I went over budget with the holiday party I had an ah ha moment and I'm super proud.

This is the first year that I have actually cash πŸ’° flowed both Christmas πŸŽ„ and the holiday party 🍷 πŸŽ‰ .

I did not realize it but I cash flowed everything, not using one credit card. I'm super duper proud of myself. Every year I tack on an extra $600+ on the CCs πŸ’³ but not this year. πŸ˜€

In financial news, I transferred the $165 out of the 52 week challenge account and will use this money to throw at CC3. I was planning on using this for an upcoming expense but with a little budgeting and saving I didn't have to.

I also returned some plywood to Home Depot that was to be used to board of the rental property, got $80 back. So I'll add a little to EF, sinking and CC3. I'll update later.

Lastly, I created my last zero balance budget that will carry me over into the new year. I calculated the car insurance/maintenance , birthdays, Christmas and sorority membership for the year (24 pay periods), total to add to the sinking fund $117. Though I'd rather not do this I know how important it is to sock this money away so that they'll be no stress or credit cards πŸ’³ used.
* Car insurance for the year $1200
* Car maintenance $500 as needed
* Sorority $425 annually
* Christmas $600 (included holiday party)
* Birthdays $100
Total $2,825
24 pay periods $117.70

I know I'm missing something, just can't think of it right now, but hey, I can always adjust the budget πŸ“.

Oops I almost forgot, so far there's been 9 no sped days for December, can't wait to add this ($9+) to my snowball

6 Responses to “Last Zero Balance Budget of the Year - An ah ha moment ”

  1. ceejay74 Says:

    If there’s a zero balance budget, where does the $9 come from? Just curious how that works...

  2. Amber Says:

    Hi Ceejay,

    Great question, I take it from my fun/recreational envelope

  3. creditcardfree Says:

    Great job!! What about car tags/registration? That is one we save for throughout the year, so the funds are there when they are due.

  4. Dido Says:

    Good job!

  5. ceejay74 Says:


  6. Amber Says:

    CCF, I didn't think about that. This year I actually budgeted in and it seem to have gone well.

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