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Payday and EF Update

August 6th, 2011 at 04:08 am

Somehow or other I messed up on the math on my EF. I'm not sure how, but I ended up with $54.64 more than I thought I had in my Emergency Fund. Maybe I forgot to record a transfer at some point. Still, better I have more than I thought than less than I thought, but I'll try to watch my math better in future.

Anyway, I added $56.50 to the Safety Net portion of the EF. That was the money from the coin jar, plus the money I did not spend in my wallet that I had leftover from the last pay period. That brings the amount at CU#2 to $363.53. I added $100.46 to the EF at ING, bringing the amount there to $1,495.93.

$1495.93 ING EF
+_363.53 Safety Net EF
-------------
$1,859.46 Total EF

I think I will make it my goal to squeeze out enough money somewhere to get the EF to $2000 by the end of the month. I added $2.71 to the coin jar today after grocery shopping, so I'm on my way, bit by bit, step by step.

To my holding tank I added $1000 for medical. I also added $100 there for property tax and $17 for dues.

Bills paid out of this paycheck:

$300.00 utilities to Mom
___9.00 owed son to reimburse for vacation trinket
__36.00 son's 6 week allowance
__65.00 daughter's 6 week allowance
_100.00 cash
_500.00 mortgage on old house
__39.37 security system on old house
_144.00 storage
__41.25 old house insurance
__83.98 car insurance
__37.61 life insurance DH
__32.70 life insurance me
__49.91 propane tank rental old house
_330.57 Laptop (18 months same as cash)
-------------------------
$1769.39

I've got a little over $400 left in checking. Really starting to feel like I'm pulling ahead of the whole paycheck to paycheck thing. It is a good feeling. No credit card payments this time, but almost the whole of next week's paycheck will go to that (and the car payment), so it's all good.

Oh, I paid extra on the mortgage. Like $124 extra to principle. This was because I was so close to being under $20,000 I couldn't stand to not pay the extra to make that first digit a 1.

1 Responses to “Payday and EF Update”

  1. Joan.of.the.Arch Says:
    1312645471

    Yeah, it's great to see those mortgage numbers go down in the left-most column!

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