A few weeks ago, I had mentioned a couple of stretch goals that I wanted to try and reach: funding the back-out fund, prorated rent, and new mortgage, plus paying off one credit card at $831.
Since my budget hasn't fully been firmed up, I found out I was missing some things/some estimates were off, and it looks like I way overanticipated what we could do. Currently those funds look as follows:
Mortgage - $2400 (fully funded and then some as the actual mortgage is $2370.xx)
Prorated Rent - $1123 (fully funded and covers rent through 11/10)
Rent Back-Out Fund - $67.xx
Tomorrow, we have $1568.xx coming in. This would technically allow us to finish out the rent back-out fund and pay off the credit card if I combine it with debt funds I have in my own account.
However, after thinking it through more, I think my problem is that I'm so busy trying to throw money at debt that I'm not accounting for what I actually have to spend so I then have to use cards for those things...
So I've decided not to pay off the $831 card in full. I will throw all of my own debt funds (~290) at it to make a decent dent, but I will keep the remaining $600ish in our account to put towards next month's budget. That puts us a little short on living on last month's income, but we're almost there.
Once we move, the dust should settle and I'll have a better idea of consistent numbers moving forward.
November Planning
October 20th, 2016 at 06:01 pm
October 20th, 2016 at 08:24 pm 1476995046
October 21st, 2016 at 12:48 pm 1477054119
The big area that I have trouble with is eating out. It never seems like I'm spending much because it's $5 here, $8 there, but I usually spend about $40 month on eating out whether it's fast food, picking up dinner, or take-out. It is drastically better than it used to be, but I could still do better. I only budget $50/month for myself for miscellaneous things, so that's the majority of it.