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Barely gonna make it and other musings

June 1st, 2018 at 06:04 am

My little brother was able to make a rent payment yesterday. Since this is a 3 paycheck month, he should be able to make another payment at the end of June, but not going to rely on it.

With that payment, we can actually follow the necessities only budget which does include cash spending for groceries/fuel/pets (granted, these are minimal amounts, but there's money allocated for it). On that budget, there is currently a $175 deficit, but I'm hoping to come in under budget on the variable categories (especially food and fuel since DH will be out of town) and I underestimated on DH's paycheck intentionally. I'm guessing his paycheck will actually just cover that deficit since he's likely going to have some overtime and is missing some of the differential pay from his last travel.

It's a very small thing, but I'm at least happy that we won't be adding anything to the credit cards to cover this weird pay gap. I actually borrowed from some of our other categories (electric and water are due this week, but the categories weren't going to be funded until next Thursday, so I rolled with the punches), but I already forecasted to put those back with the next paycheck, so we're basically going to stay flat for the next month.

Budgeting's going to be so fun when DH's big paycheck finally does come through in July. We'll be able to fill in some of the goal categories that will have to be skipped, pay off BoA CC, and have extra to designate specifically to the car fund.

Still waiting on tax returns.

Sometimes, it doesn't feel like I'm making progress. But then I remember, that we haven't added any debt in 6 months, have paid off several credit cards, are consistently staying within designated budget categories, and have begun setting up sinking funds (I didn't bat an eye at DH's car registration and inspection last month and there's already money set aside for mine later this month). It took me more than a decade to accumulate all the debt. It's going to take more than a few months of focus to get rid of it.

Lastly, my raise should go into effect soon. Our reviews are sometime in the next week. I didn't get a raise last year because I received a significant bump a few months before review time due to another job offer. I have a feeling I'm going to be disappointed by the number, but hoping for the best.

1 Responses to “Barely gonna make it and other musings”

  1. rob62521 Says:

    Sometimes it seems we are just treading water, but if you haven't added to debt, then you must be doing something right.

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