Saturday, June 7, 2014

Week 1 : How did I do?

That was harder than I thought - I wasn't going to list some misc expenses that "popped up" over the weekend since technically they weren't part of the daily expenses and more of a variable expense on my part, but I want to be as open as I can be with my debt payoff. I also want to be more accountable - I mean seriously, I didn't add this (storage) into my budget when I knew we had to pay that monthly?!?


Yes Elle - so freaking hard. I need to get my spending and going out under control.

Current Debts:
No Paycheck this week

I usually don't add any additional payments to my debt, but I just want to get rid of that balance on CC#3. I decided to grab money from my savings to apply to the payment. So now at least there's an update this week :) Whooo for little wins!

  Current    Paid    Remaining*  
  Personal Loan   $ 9,040.00  $ 9,040.00
  Student Loan   $ 7,146.00  $ 7,146.00
  CC#1   $ 6,611.00  $ 20.00  $ 6,591.00
  CC#2   $ 830.00  $ 830.00
  CC#3   $ 167.00  $ 167.00  $-  
  Total   $ 23,794.00  $ 187.00  $ 23,607.00

Week 1 Starting Debt $23,794 || Paid $187 || Ending Debt* $23,607


Weekly Spending:

This week I withdrew $100 for all my expenses and I FAILED :(. I completely forgot it was the end of the month and the storage was due. Jay has been paying this for almost a year now and I feel bad. I paid last months bill, but I am so thankful that he didn't even want me to pay for this month. I just gave him half of the expense (which was not budgeted)

I am still waaay over my $100 budget - even without the storage expense. I know you see a trend based on my WEEK 0 update - but i'll talk more about that later. I will probably need to adjust the amount - or just stop eating/going out.
  • Saturday - $45 storage, $12 lunch, $3.50 coffee
  • Sunday - $8.38 Jamba Juice, $22.95 Dinner
  • Monday - $2.10 Breakfast
  • Tuesday - No Spend Day!
  • Wednesday - $40 gas | $3.50 coffee
  • Thursday - $2.10 Breakfast | $5 Lunch
  • Friday - $9.18 Lunch| $25 Gas | $31 Dinner | $12.95 Movie
Weekly Spending Start $100 || End $-226.99 || Roll over $0


Pending Expenses:

I decided to put the pending expenses into a prepaid Google card account.

June 2014 - $100 Party Favor
July 2014 - $600 International Trip
December 2014 - $300 Christmas Gifts

Pending Expenses Total : $1000 || Google Card balance $50 || Need $950

How do you guys stay within budget? 

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