One of my resolutions is to stick to $100 a week in cash (spending money/groceries/gas/etc only- real bills are paid out of our checking account) budget for the first quarter of the year (ideally, the entire year, but, hey, one step at a time). Every Friday, we take $100 out of our checking account and split it between us. Any money we have left from the previous week goes into a pile and we burn it. Just kidding. We are saving it and it will either be deposited into savings or used for Rj’s bday party in March. Probably the latter. Additionally, I am writing down everything we spend and sharing it with you on Friday evenings at some point in the weekend. Unless it’s super boring. Then forget it. Also, part of why I am doing this is to get feedback on what we can do to save money- which is why I am telling you about da bills. Tell me what to do, Internet People! ALSO ALSO, I want, nay, NEEEEED to add $3000 to our savings account* this quarter and pay off $3666 (a third) of my credit card debt this quarter which is going to require me to sell things on ebay, etc. Wish me luck!
Ok, so here we go. My first accounting of…er…our accounting for 2013. It’s a little wonky because we started on the 2nd and so it was not a full week, so I piggy backed two weeks together. We’ll get in the groove soon, dude. Just trust me.
- Various Credit Cards $300 (bringing total down to $3366 to pay off by April 1)
- Kohl’s Card $58.63 (paid off now- I bought some bras, so sue me)
- Com Ed $81 (being really aggressive in my unplugging/lights off campaign, hoping to lower this)
- Tmobile cell $202 (any clues how to lower this?)
- Gap Card $19.87 (sometimes you get really amazing marching band jackets for a two year old when you use your gap card. Paid off now)
- AT&T Uverse $121 (need to cancel the cable portion of it which would bring this bill down to like $45)
Cash Money Spent Y’all:
- Habanero $3.82 (chips and guacamole for lunch- bad for my budget and my butt)
- Walgreens $6.10 (frozen pizza)
- Jewel $12.27 (groceries)
- Walgreens $14.23 (pedialyte/vitamin c/etc)
- Babysitter/cab $95 (TOTALLY blew the budget on this one but I bought Paul tickets to see Book of Mormon for Christmas and our free babysitter didn’t work out in the end <GD FLU!> plus when we got out of the play, it was already ten and we told her we’d pick RJ up at ten so we couldn’t take the train. ONE TIME THING! Also, book of Mormon totally ruled!!!!)
- Cab to hospital to see my new baby niece Claire! $12 (I NEEDED TO GET THERE FAAAAAAST).
- CVS $3.27 (lip balm)
- Jewel $9.79 (groceries)
- Dunkin Donuts $4.80 (let’s not talk about the croissant, but the coffee…my offices coffee machine isn’t hooked up yet. IT’S KILLING ME!)
- Post Office $14.28 (sending out tee shirts. Gotta spend money to make money)
- Dunkin Donuts $3.54 (see above. I’m not proud)
Total Cash Spent $179.10-shockingly still ‘under budget’ for the two weeks. Although, probably not. We are still getting used to keeping receipts, etc. I know Paul bought diapers, and I am sure there are other purchases we are missing, but you get the idea.
Extra cash Earned:
- Sold a ton of Sheriff Peanut tee shirts at a discount $147
- Sold something I was going to sell on ebay to a friend instead $20
- Picked up some waitressing shifts $187
Total extra bling bling- $327. Not bad! I’ve been slacking on putting the ebay stuff up, but I DID finally get all the Sheriff Peanut tees organized and am getting rid of them at a fast clip. It’s nice to get the extra money, even nicer to be able to clear out some extra space.
So, let me know what advice you have, and let me know if this is super boring for you to read, or super gauche or whatever.
Full disclosure- I left some stuff out of the bills section. This being my project, not Paul’s, I didn’t think that I needed to flash around his debt. He can start his own blog if he wants to do that. No coattail riders here. I also didn’t include anything that I didn’t think you guys could help me with- meaning fixed bills that we can’t shave down any more- our mortgage/car payment, that kind of thing. Maybe when the credit cards are all paid off, I will start aggressively chipping away at those debts, but until then, I’m going to just leave em out.
*Yes, I am aware that saving up money when you are in credit card debt isn’t the soundest financial move, but we will need cash in the near future, so we are going to have to be equally aggressive at savings as we are paying the debt.