My month in review
Well it looks like January was a great month. I crunch the numbers using my MS Money and I actually came in under budget. I did spend over in a few categories such as dining out and gifts 🙄🤦🏽♀️ but over all things were good.
The software isn’t sharing with me how much I paid down CC9 for this last budget period. I’m not sure why it’s not appearing on the report, strange. At any rate I’m going to log in and check my account later. I did drop the $500 payment today on it but it won’t post until tomorrow or Tuesday, I hate that.
Not sure what made me look but I was disgusted at what I paid in 2018 on CC9 interest, a whopping $1,102.65. All I could say was so much money wasted. This makes me want to get rid of this thing and others fasters. 😡
Different note, I’ve meal planned for the week and need to hit Walmart and Aldi, but it’s raining cats and dogs. Hopefully things will clear up
Viewing the 'Monthly Spending' Category
My month in review
Hi all 👋🏾
I’ve opened up the home repair savings account, I figured better late than never.
My goal is to save for things such as a washer, stove, roof etc. Though things are okay now, I know that when you become a home owner, Murphy visits.
Yesterday was payday so I went ahead and socked away what I would normally pay for rent. I had the SO give me his share for December as well, so I put that in the bank. I also socked away funds for the HOA. I really want to be ahead of the game.
Thursday I’ll be applying for the cashier’s job. I honestly prefer this one only because it’s right up the street and I only want 12 hours a week.
I notice that the SO was looking pretty down. Prior to him looking sad, I had honestly started feeling bad that I had asked him to move. When I asked him what was wrong, he informed me my that his mom had not paid him in weeks. All I could do was say to myself, thank you Jesus for reminding me has to go.
I have no idea why he refuses to take this business over from this woman, why he continues to go to work week after week and not to get paid? Here it is you’re trying to have a relationship with someone, build a future and you’re allowing your mother at 46 ruin your life. I can’t imagine another woman dealing with that BS as long as I have. You can’t pay your bills and you’re okay with that because Mom can’t be upset. Well you can Mom have a great life and be gone out of my place by December 31st. Ridiculous
Balancing my cash envelopes and I had a total of $187, here's the break down:
* recreation $24
* Personal $25
* Groceries $88
* Cleaning $11
* Transportation $39
I added $1.01 of change to my change jar for a new balance of $19.12
Today was a no spend day, so a buck was added to the snowball fund. Hopefully tomorrow is as well.
This budget period is a little tight, so I'm rolling over the $39 in the transportation envelope, the $24 in the recreation envelope and the $11 in the house envelope.
$113 will be added to the holiday party fund. I know a holiday party? This was something that was already planned pre-DR, nothing else (cash) will go to this. We generally have a few friends and family members over to the house the weekend before Christmas, we eat and play cheesy Christmas games. The good news is that we have drinks left over from last year, and crackers left over from the hurricane supply.
I'll be creating a list of items to purchase and sticking to it, spending only whats in the envelope. This is something I, personally would like to continue and I'm sure next year I'll be in a better place. I would cancel but we have people who have already booked to come down months ago.
Other news; the SO went to court, the ex wife changed the child's address at school and presented it at the courts as if the kid lives with her. Smh because the SO was told in August to bring the documents in and the child support would stop, he had the document but he was too lazy to do it. Honestly as he was telling me, I didn't even feel bad, I was thinking when will you finish so I can balance my cash envelopes?
He said he had to pay $500 court cost, personally I didn't care and was thinking oh well so long as you have your rent I'm good. I don't know, I'm just at the point that I want this debt gone so I can move.
Went on the interview, thought it was strange the guy only ask why should he hire me. Oh well it is what it is. I'll keep looking.
I reached out to a friend who works with small businesses to let him know that I am looking for some cleaning work and to keep his eyes open. I either need to get a new job with more money or get a part time gig to pay this debt off quick.
And I'm not even considering
Cleaned out the refrigerator and had to throw out a half a chicken, five pork chops, rice and left over Chinese chicken. I thought, how shameful. There's someone out there who could have used this food.
I told the fiancé that I will no longer buy and cook these meals. I generally buy the bulk of the groceries and cook, so that he has something but so much of it goes to waste.
My nephew's girlfriend works for a meal prep company and any left over she shares, at least twice a week. I often get these meals and this too goes to waste, because I've cooked and will pack what I cooked for lunch but no more. I'll be eating my free meals, and if the fiancé refuses, that's his choice. He can spend his money buying groceries.
Last budget period I think I spent only $4 on groceries because I stuck with buy, only what you need, and now I'm sticking with buy nothing since you're getting free meals.
Long story short, Dave Ramsey says while going through this process it's rice and beans, I get free meals that are delicious so it makes no sense to spend the money. Here are a few of the meals.
In financial news here's the first half of the month spending. Not so bad this pay past period.
Oops before I forget, I took the $35 budgeted for my contacts and paid on CC2, new balance $488.04. I'd budgeted $45 this week for my hair for the holiday, I don't think I'm going so I'll be throwing this amount at the CC2 as well. Can't wait for this card to be gone.
Looking at my spending for the last budget period I am very upset. Though I stayed within budget, there are areas that I can definitely improve.
One pay down the CC so that I'm not paying so much interests, over $300, this is ridiculous. I'm expecting a check for about $600, I'm going to use this to pay off CC 2.
Cable, the fiancé likes all the premium channels plus the HDTV. I'll be sitting him down over the next weekend and having a tough conversation. I can do without the premium and HDTV channels so if he wants them, I'm no longer going to pay half. It's ridiculous, I do like the high speed internet, I'm okay with that but the other stuff, I'm done. Groceries, not too bad, I'm over by $15 in this area. I'll work on this as well. Money gram $39 fee is what was charged to stop payment on two money orders. Not sure why this showed up on the report.
Miscellaneous consists of a plot, I'm paying on, checks ordered etc.
I made both BBQ and smothered pork chops. This will be for dinner and lunch for the next few days. If the fiancé doesn't like it, he can buy dinner.
It's the end of the week and I reviewed my spending. I'm happy to say that I'm within my budget for this pay period.
The only thing that jumps out at me and I've said this before, are those darn credit cards. $744.01 in minimum payments 🤦🏾♀️🙄
Cable is high so I'm going to have to reach out to the company to reduce the service.
I have a 2002 Toyota Camry, 200k+ miles with full coverage, I am thinking I should just get the state required, that will cut my bill down. I'm always nervous about not having enough coverage but the car is only worth about $3,000, if that.
I've applied for another position within the company, it's more money and exposes me to payroll. I think with my benefits background coupled with payroll it would give me a little more leverage. Fingers crossed 🤞🏾.
The boss had an employee in tears three weeks ago, me about two weeks and this week another colleague. It's crazy but they keep her. Hopefully I'll be gone soon.
The church will be hosting another FPU class, so I have signed up again. I really like the class and it's really making a difference.
That's it for now.
Well it's the end of the month and I'm done with all my spending.
Tomorrow is pay day, and I have completed my zero balance budget for this pay date. First time ever doing such a thing. I'm also going to try the cash envelope system when it comes to spending. This too is a first timer. I'm actually excited about it.
So for September here we go!
Total expenses $2669.89
Difference $442.67 (actually about $80 left, CC payment not included).
As you can see, hurricane supplies killed my spending. Ugh! At least most of the items (over 90%) I can use for dinner and snacks. The other items such as sterno, first aid kit etc can be set aside for next year.
I've placed this expense, on my calendar to start stocking up in January. Particularly when there are BOGO. Crazy!
Bank charges are the interest that I'm paying in CCs each month. And gift are lunch and pedis with the mentee as well has treating BF dinner.
One thing I noticed is that not all CC payments are included. I have to figure out when I run the MS Money report that all CCs are included.
Let's see how the next two weeks go.
Finally reviewed the numbers for January, and I spent way too much money. I have got to cut back with the upcoming move.
Here it is:
Registration & Renewal $58.35
Auto Unassigned $3.50
Total Auto $61.85
Interest Paid $137.47
Total Bank Fees $137.47
Cash Withdrawal $20.00
Dining Out $48.62
Eye Care $20.87
Total Healthcare $120.87
Cleaning Supplies $1.49
Pool supplies $9.40
Household Unassigned $32.56
Total Household $67.41
Auto Insurance $203.06 (Jan/Feb)
Total Insurance $203.06
Feminine Products $9.20
Hair Care $75.69
Personal Care Unassigned $7.27
Total Personal Care $94.13
Federal Tax $266.12
Medicare Tax $41.48
Sales Tax $28.25
SS Tax $120.14
Total Taxes $455.99
Total Travel/Vacation $162.46
Water & Sewage $65.33
Total Utilities $205.42
Expense Unassigned $30.64
This is it in a nutshell, unfortunately my contract with At&t won't expire until next year; however, I know once I move the electric and cable bill will go down at least by half. Also most of my health care spending was actually refunded to me from my employer so that was a plus.
Actually after reviewing the numbers, my dollar amounts when it comes to spending (i.e. dining out, clothes) is much less than previous months prior to me returning to the blogs and since my mother isn't talking to me I've definitely saved some money
Federal Tax $266.12
SS Tax $120.14
Dining Out $83.41
Auto Maintenance $80.73
Water & Sewage $59.93
Medicare Tax $41.48
Manicure & Pedicure $29.00
Household Unassigned $19.96
Personal Care: Misc.$10.60
Personal Care Unassigned $8.98
Sales Tax $8.03
Personal Care: Feminine Prod.$8.02
Total Expense $2044.74
This may not be 100% correct, I paid a lot of December bills in November (yesterday) but unfortunately my software sorts by the date. Either way not too bad, I socked away about $300 last month as well.
Next month, even with Christmas, my goal is to knock $200 off my total expenses. In addition, I need to keep better track of my spending, too much in miscellaneous items.
hopefully tomorrow will be a no spend day but here is the tally for today
Automobile: Registration $57.25
Grand Total -$71.81
I cant find the receipt for McDonald's but we did eat out today
Overall last month every thing was down except for clothes and dining out. In January I bought no clothes and my dining out expense was about $4 more in February. Oh I forgot my gift expense was up, had a friend to die and sent flowers. In addition,I added two bucks to my cc challenge because I finally made it to the gym. For the month I only had 4 NSD
Well here it is last month's spending:
Other Income $82.84
Wages & Salary $1,249.49
Income - Unassigned $170.35
Total Income $1,502.68
Bank Charges (interest) $48.68
Bills: internet/ storage $108.54
Dining Out $48.09
Job Expense $14.70
Personal Care $37.81
Total Expense $1,301.99
Well I came home and tallied every thing up for the day. I have $114 to last me until the 16th..wow, hope I can do it. Any how here's the totals starting off the new month
Wages & Salary $1,249.49
Misc Savings Account $10.00
Personal Checking $10.00
New Home Account/Challenge $10.00
Total Saved $104.38
Cellular $94.12 (have to work on this)
Charitable Donations $20.00
Misc: Storage $48.47
Personal Care $23.98
Total Expense $592.62
Auto Loan Principal Payment $265.56
Interest $115.73(this maybe wrong I always over calculate)
Transfer Total $381.29
Income less Expenses $922.67
Grand Total $171.20