Monthly Archives: September 2011

Weekly Spending Aug 29-Sept 4

Aug 29th NO SPEND DAY!!

Aug 30th +$4484.92 Company Income  -$2.12 Gift   -$17.05 Garbage Can

Aug 31st -$29.39 Groceries

Sept 1st NO SPEND DAY!!

Sept 2nd +$550.00 Rental

Sept 3rd +$13.25 Sold Stuff, +22.50 Money for Gas, +$11.00 Haircuts, -$5.45 Groceries

Sept 4th -$710.95 Church

 

I bought a box of ABC cards for Baby #1 but found that they were just like cards we already had, so I am going to give them to my nephew for his birthday.

Last year our garbage can lid broke, so my mom bought me a new kitchen garbage for Christmas.  However I have never liked how the lid went in the garbage.  I have been leaving the lid off but Rob told me I couldn’t do that anymore.  I couldn’t just buy a lid so I bought a whole new garbage for our kitchen.  I love it because you push the button and the lid pops up.

Nobody answered my question last week — Should I put 10% or 80% of our extra income in savings?


Payday Sept 1

 Category   Leftover   Deposit   Total 
 Income   $           –    $  4,588.64  $  4,588.64
 Church   $     245.28  $     465.67  $      710.95
 Taxes   $  5,248.72  $  1,121.23  $  6,369.95
 Home   $           –    $     252.50  $      252.50
 Insurance   $           –  $     293.02  $      293.02
 Utilities   $       48.55  $     142.50  $      191.05
 Gasoline   $       59.21  $      110.79  $      170.00
 Groceries   $   (199.82)  $     294.65  $       94.83
 Company   $   (141.97)  $     339.57  $      197.60
 Medical   $       66.02  $       50.00  $      116.02
 Repairs   $       14.23  $     150.00  $      164.23
 Gifts   $       46.27  $       84.00  $      130.27
 Other   $   (154.72)  $     207.49  $        52.77
 Savings   $  2,206.82  $     540.23  $   2,747.05

I told you this would be an awesome payday and it was — $4588 deposited in the bank!!!

Our income was $4484.92 Company + $27 Haircuts + $64.75 Sold Stuff 🙂  Plus $21.97 in rebates

I decided to make up for last months lack of money and fully funded all the categories that got missed last month. And I still have $536.98 left for future low-income paydays.  

I added 80% of our extra income (haircuts and sold stuff) and 10% from piano sale to our Other category.  Do you think I should add 10% or 80% of our extra income to savings?  I like the idea of growing our savings, but it is nice to have some more spending money… seriously $50 a month for a family of 4 is tight! What do you think I should do?