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Payday Report for 7/20/18

July 20th, 2018 at 06:39 pm

$201.95 Tithe
_200.00 Medical Fund
_200.00 Grocery Envelope
__50.00 Household Envelope
__45.00 Allowances
_441.41 Auto Payments
_100.00 Laptop Fund
__50.00 Car Maintenance Envelope
_600.00 Monster Mom Loan
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$1888.36 Total Money Out

I did not budget all of the money out this time as there are a couple of things we need to purchase off of Amazon. I'll be using the debit card there for the first time. I'm not quite sure yet how much we will be spending, so I left plenty of room. After we buy our things, I will allocate what is left to another category.

The Medical Fund is currently sitting at almost $600. I want to get it to $2000 and then I will stop contributing $200 weekly deposits, though when it drops down below $2000 I will start them up again. I have a ways to go before I get there and of course I'm taking out any medical expenses as we go. $2000 is the amount the new deductible will be on the insurance that starts in September, so I'd like it available to us so we don't have to scramble when we start on deductible number three for the year.

1 Responses to “Payday Report for 7/20/18”

  1. crazyliblady Says:

    Do you have an FSA or HSA for medical expenses? I just started that this year and it has really helped me to be able to budget better. I am not so concerned with normal medical expenses, so I can pay off more debt and save more money out of our regular funds.

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