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Payday Report

March 4th, 2018 at 07:32 pm

It was nice having a little extra money in the paycheck on Friday. I like it when DH has the opportunity to earn overtime, especially since such a large chunk of pretax money is used to pay for insurance. I haven't been very good about posting the payday reports this year, so I am going to try to get back to doing that every payday.

$1000.00 to Citi Visa
__176.65 Tithe
__500.00 March Utilities to Mom
___56.83 DH Life Insurance
___45.30 Me Life Insurance
$1778.78 Total Money Out

We spent slightly more than the paycheck, but there was $65 left in checking from the last paycheck.

I also got some reimbursement money from my mother for some stuff I picked up for her at Costco and then found a check in my purse from MIL from some stuff we picked up for her as well, so I got those in the bank of Friday. That was $310, but will go on the credit card, since we charge all expenses and then pay them off each month before interest hits.

I hope this coming Friday's pay will allow us to put a little into the emergency fund. It will have 26 hours of overtime on it.

2 Responses to “Payday Report”

  1. Amber Says:

    LR how much of a buffer you keep in the checking account? I currently do about $50 to $60 but was wondering if I should do more.

  2. LuckyRobin Says:

    About $50 or $60. But my credit union links my savings account to my checking account and will automatically transfer funds if for some reason my account were to get messed up for $1 fee. I've had it done maybe twice in 20 years. I always keep $500 in the linked savings account. Since we run almost everything through the credit card, I don't write many checks anymore, which also makes it easy to keep the account balanced.

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