Welcome to How I Save Money and tracking of income and expenses for the month.
Income for the month to date: $215.74
Expenses for the month to date: $2182.30
Net effect: -$1966.56
Whew! I am so glad that it is payday today. This is a snapshot of my finances as of yesterday so please be mindful that I am getting money in the bank today.
I only put in $15 in church this month, when I had budgeted for $20 ($5 per week.) I will also be making a contribution to the church this weekend of clothing that I no longer use. The church has been collecting clothing to send to our sister church in Houston so they can help out families there. I have a few clothes that are in good condition that are too small (gotta lose some weight!) so I will be sending those to Houston.
I spent a lot on electricity this month but the bill for next month is only $50.20 which is well below my budget of $75. This means I can snowflake the difference to credit cards and other loans and give everyone a few more dollars that I owe them.
I tweaked my budget a bit for October to accommodate the anesthesia bill that I am paying. I had to reduce my Never Go Back To Fresno Fund to $5 a month so that I could keep up with all the bills.
For now I have everything right on track, paying over the minimum on the interest bearing debt and paying the minimum on the 0% debts. It is sad that I had to reduce my Fresno Fund but hey I would rather be paying off debt and not having interest payments.
I have a few more payments going out today and I get paid today as well…and I predict that I will be coming out ahead once again…..or at least break even.
I will see you guys and gals later as I continue my journey to save money and become debt free!!!!