I ran the numbers and figured out how much money I need to set aside for the first two weeks of September when there is no paycheck coming in to meet the bills that come due then. $1574.77, so I'll just round that to $1600. I also need $722 to meet this week's needs and wants (allowances for me and DH, a trip the fair, DH's b'day presents, water/sewer at the old house, and groceries). That'll leave about $1000 to send to debt. I will pay off the MC (again) that we put some money on while we were on vacation and the rest will go to the VISA. I had hoped for $2000 but I always forget things when I try to figure
The next paycheck will be the little one that is usually around $1200 for two days (might be a bit higher with the raise). I think we will likely spend about $500 on school clothes and I need new shoes, too. I've figured out what the kids have outgrown and what they need. I am pretty sure we won't spend all $500, but I'd rather overbudget for it than not.
Out of that $1200 I will send $116 to the EF to hit my goal of $2000 by month's end. I will probably keep out $200 for random expenses (prescriptions, groceries, b'day dinner, one movie, ASB cards, yearbook ($40 now or $60 in June). That should leave an additional $500 leftover to send to the VISA. So a total of $1500 extra this month to debt repayment.
It may not look as good as it actually is since the cost of airline tickets has gone up and we have to absorb that, but we still should have this all paid off by year's end.
Oh, shoot, I always forget something. I left out chiropractor and physical therapy. So...$400 or so for that. Only $1100 extra. Bummer. But still good.
Money to Set Aside
August 17th, 2011 at 03:18 am
August 17th, 2011 at 03:36 pm 1313591810
August 17th, 2011 at 08:46 pm 1313610375