Just curious I find it much harder to keep my savings and Checking account in the same bank. I don't know if its a mental thing I see the money and want to spend spend spend or just what exactly it is. Is it feasable to have multiple savings accounts for different purposes or what.
Archive for March, 2009
Car Payment $291
Car Insurance $137.58
Electric $11 Have a credit Pd until March
Eating Out $113.59
Household Items $81.44
Debt Payments $269.56
Misc Movie Late Fee $6, Ticket $50 ,Lic Renewal fee $20.80
Car Payment $290
Car insurance $338.86 (paid 3 months)
Fast Food $194.88 (should punish myself for this )
Household (paper towel etc...) $57.80
Debt Payments $528.89 (Woohoo)
Entertainment $3.18 (awesome here)
Personal (hair & nails grr) $102
Car Maintenance $51.48
Telephone Service $78.95
Car Payment $145.00
Car Insurance $78.57
Fast Food $83.43
Debt Payments $271.78
Personal (nails) $14
Cable, Phone, internet $82
Telephone Service $113.90
This gives me a basic overview of where money is being spent. In April the beginning of the second Quarter I will be able to better assess area's that need cut backs. Hopefully Apr-Jun will bring much better results. I'm pretty optimistic about this.
Does anyone know of any it seems that all of the websites I've visited there's some catch to it. Monetary that is they want you to buy this or that to join panels weird but crazy. Or are there any work from home jobs online that are legit I want to make some extra income but spend most of my times on the computer and feel the need to at least be paid for part of that time. lol
Geez time is flying by rather quickly this year. I am already beginning to plan my finances from Apr-June I'm very optimistic that I will do well. I'm going to stick to the envelope system and plan all paychecks continuously as I've done this first quarter. However, I need to keep my self focus.
I have officially become a faithful watcher of the Dave Ramsey Show. I tune in every single night at 8 pm I'm literally glued to the Tv for one hour. I've heard him tell caller's all the time to get on a Written budget in which I have. Also he insists on using the "Envelope System". Well not until two weeks ago did I finally decide to pull out the envelopes and take his advice there. I'm six days away from payday and I still have "Money in my envelopes" especially for gas. I also have money "sitting" in my checking account as well. Without the envelopes I wouldn't have not nearly as much money left. I must say this really works and feels great to have money to spend, money dedicated to Gas lol and money left sitting in my checking account.
I had two deragatory accounts with Doctor's hospital (as you see on my side bar) my most recent on 12/31 wasn't covered because my health coverage didn't officially kick in at work until January 3,2009 so I've been sending $10 a month since January and walla I checked all three credit agencies today and they REMOVED both derogatory accounts from previously and didn't report the third. I was very honest in a letter to them letting them know my financial situation presently. Also I'm considering taking out a small personal loan to pay everyone in full so I can write just one check a month and there's only 1 derogatory remark showing in Equifax. And also my loan request was not denied like it has been in the past. There only question was my income in which I can provide proof of that. Normally I wouldn't even have made it to "review" the computer would generate denied initally.
And applied it to my student loan payment instead. It feels so wonderful now I am two months ahead on my payments and $10 was added to the principal balance. WOO HOOO Ohh and washed and curled my own hair and it looks just as good.
Do you budget your paychecks to split the rental payment half and half out of each paycheck or do you pay the rent/mortgage all out of of one?? Which method works better for you?
What are the odds this week is the week that I plan to pay off Verizon. I actually received a settlement notice in the mail today from the collection agency they sent the debt too offering me to settle for 1/2 of the original amount which was $269 they'll accept $134. Is it okay to settle or should the full amount be paid. Does anyone know how it will effect me later on when trying to purchase a home.
My mother finally paid me the $200 I let her borrow back in January. I was thinking of going ahead now and paying off Balt Phys. I posted in my earlier post today that I would put off paying ahead my car insurance. Now I'm really convinced that I should simply because when I let her borrow the money I wasn't totally expecting to get it back. (valuable lesson learned lol) So the money technically in my mind has been spent and gone so to speak. So I think I'm going to just go ahead and pay off the $280 that I owe them. I don't simply think It will make since to sit that $200 back into my saving account when I can dump it onto my next debt on my snowball and pay it off a month sooner. So this month I should be tackling Verizon and Balt Phy WOOHOOO
I was going through my bills doing an overview of my plan and I was thinking if whether or not I should hold off on paying my car insurance in advance and send $80 to balt phy to bring the balance down to $200 and I know for sure can pay that one off next month. What do you guys think pay the car insurance a month a head or tackle a payment on my next debt on my list.
Savings Account $229
Debt Payments $95
Verizon $269 (PAID IN FULL WOOHOOO)
Gasoline $75 (two weeks )
Car Payment $289
Hair Salon $40
Car Insurance $80 (will be paid up until 5-16-09)
Cell Phone bill $92 (1st bill not due until April 16th)
Telephone Billing Services $56
Fun Money (aka blow money) $75
I have everything all figured out I'm so excited one debt will inch its way up on my sidebar to paid in full thankfully. Also they will update my credit report from charge off status to Paid in full in which I know will give me back a few points on my score. WOO HOO!!! Total debt paid off to date will be $1,124 as of this Friday.
I've been through my closets numerous times and have come to the conclusion that I really need to shop for clothing. Its been so long I don't know how much is too much to spend on clothing in one month. I really have to this is a must with my job and all. But I don't know where to start in terms of what percentage I should allocate towards clothing out of my paycheck. So just exactly how much do you spend on clothing each month?? or annually??? What percentage of your take home pay do you consider a reasonable amount??
$1 whole dollar and 29 cents on a bottle water I forgot the one I had taken out of my frig. I didn't realize it until I was 5 minutes from work. YIKES!! But other than that I haven't spent any money which is awesome for me.
Total Spent $24.00
Cluck u Chicken $8.00
Snacks from Vending Machine $2.00
Today's total= $10.00 (sigh...)
Wow as mentioned on my sidebar I had problems in my younger days with credit. I have been working very hard and still am to rebuild my credit. I use a very cool website quizzle.com and it allows me one free credit report and score every six months. I just checked my report and score and am starting to see results of my hard work. I can't believe I've actually mad progress and my score has gone up. It isn't where I would like it too be (at a 700+) but I'm optimistic it will get there soon.
2 Spring Sweater Shirts
Plain Purple Tee
Total spent $55.44
Pair of casual Jeans $21.19
Today's Grand Total= $102.63
Also today I cashed in all the change that has been lingering lol in my old purse and it totaled $12.16 which I've mailed off to World Alliance not much but hey every little bit helps I'll be paying them off next Wednesday any how. WOOOHOOOO!!! I'm so excited.
Dish Liquid $5.00
Card for a friend $3.00
Femine Care Products $13.00
As my goal states on my sidebar I am going to stick to logging in my spend totals each and every day.