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Pay Day Shenanigans

February 9th, 2019 at 03:42 am

Pay day and everything is paid. I love online banking, and the fact that I’m in a positioning that I can pay my bills early plus extra. The SO will provide his share on the 20th, I like paying things early. With the money I get from him, I throw it at my debt. It’s like a second job in that I’m not working. He seems to be on track, but again I’m not going to get my hopes up. Bad habits takes months to break and we are only about three months in.

Yesterday I paid an extra $25 on my mortgage, and extra $93 on CC9, I socked away about $300 all for sinking funds (e.g HOA, car insurance) and I have about $70 left this will be my fun money. Depending on how many no spend days between now and the next pay day, I’m sure I’ll be throwing this at CC9.

I’ve started back using the envelopes. Though I under spent last month, I can’t help but feel that the amount I’d under spent by would have been far greater had I used the cash vs. debit card 💳.

I’m also happy that I decided to have a sinking fund for any household repairs. I’ve been living in this home before purchasing for about 7 seven years and there hasn’t been any major repairs but as Dave says, Murphy is sure to show up so you need to be prepared. My privacy fence looks okay but it’s getting there so I want to be ready if need be. I’m also saving for hurricane shutters, this will reduce my insurance. I just like having the $500 in the repair fund just in case, it’s silly but it’s a natural Hugh watching this pot grow. Each pay period I’m adding to it.

Also my car 🚗 is making a strange noise, guess what I have money set aside for that. I feel so good about this. The last few car repairs I’ve been able to cash flow. By saving for upcoming repairs it definitely takes the stress out of things. I never use to do this, I’d just put it on the credit card. Only thing that bothers me is that as soon as I have a cushion of about $500, boom 💥 the car 🚗 needs to head to the shop. But it beats $300-$500 a month car payment.

My car 🚗 is a 2002 Camry with about 244,000 miles. I know sooner than later she’s going to head onto car heaven, and that’s why I haven’t touched the EF to pay off CC9. I’ve been pricing older model Camry and they’re anywhere between $6k and $8k. Goal is to pay cash. I’m done with car payments.

Last thing, I’ve practically cut out the salon 💇🏾‍♀️. Primary reasons, one it’s expensive, $45 a week. Secondly, I’ve asked her not to use a certain product because it’s drying out my hair and she continues. My hair has gotten so dry, and brittle, it’s awful. I’ve decided that I’ll go when there is a special occasion and when I need a hair cut.

3 Responses to “Pay Day Shenanigans ”

  1. Dido Says:

    Good job on the expense cutting and the sinking fund!

  2. crazyliblady Says:

    Congrats on further paying down your credit cards and reducing expenses. That's awesome. I am a little skeptical about SO, though. I get where you are coming from with the salon. Weekly visits would definitely add up to a lot over a few months and it would annoy me if stylist continued to do stuff to my hair that I specifically asked her/him to not do. However, you could ask around of friends or others you know to find out if there are other stylists that they recommend.

  3. rob62521 Says:

    Way to go on paying down your credit cards as well as saving for so many things. Saving for stuff not only helps so you don't finance it, but the anticipation is kind of fun too when you see your savings build and see how much closer you are getting to achieving your goal.

    I am with crazyliblady...look for another stylist. I go every 6 weeks to get my hair cut. I don't have anything else done, but she cuts it in such a way that I can fix it myself. I wouldn't want someone who doesn't abide by my wishes.

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