Because of how I schedule my payments, and as of this minute (prone to change in the next few weeks due to taxes), disposable income for the first paycheck of the month will be $750 and $250 for my second paycheck. Those amounts are what's left after all mandatory payments are made, such as rent, phone and min payment on debt. Does not include any extra income from part time job, which I'll count differently as it comes (if it comes).PAYCHECK 01: 1/4/2013
Bills and dues were all paid in full. No hours at part-time job.
The rest ($750) was distributed as follows:
I managed to save $68.18, mostly because I've been a little morose since Christmas. Though it is nice, the fact that it will have to go into a "tax" fund doesn't really make me feel that much better. But off it goes. I'll send $8.18 to become a tiny bitty snowball, just so I can have clean, round numbers. $60 have been added to my tax fund.
I'll cash in my next allowance on Saturday or Sunday to continue with my first all-cash month this year. I probably also need to go grocery shopping at some point. It does make a difference to use all cash vs a debit or same-as-debit credit card.
You are kicking ass in 2013. I think its great how well you are sticking to your budget.
ReplyDeleteDo you think quitting your part time job for good is in the future at all? Is it something you have planned?
I am not sure. I really enjoy my part time job. I think of it as a reset button from my Mon-Fri work. It also frees up my mind from other evils. But the income is so variable, it's hard to account for.
DeleteYou're doing great! and, you are so very correct about the using cash. We get so many rewards from our credit card (and carry no balance), but I still go back & forth on whether we would save net more money (by not spending) if we used cash than the value of our rewards.
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