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April 20th, 2018 at 06:42 am

Today's payday for both me and the hubby. I went ahead and allocated the money in YNAB. Tonight, DH and I will review it. This is the first time he's taken an active role in our finances, so we'll see how it goes. We have a couple of expenses that I had to budget for and we're trying sinking funds for the first time ever, so it's a process.

I put $500 in the Home Maintenance category and $50 in the Car Things category. We'll spend most of those on the bat removal and DH's registration.

The bat removal and blocking the gable vent will be about $425. I added an extra $75 in case it's more. If not, that'll be the start of our Home Maintenance fund. I plan to try and add $150/mo. DH's car registration was $42. I will continue adding $50/mo. Our next car stuff will be my inspection/registration in June.

We also need to get some lawn care items, but will not be buying anything until the funds are available in Home Maintenance.

While we're not living off last month's income yet, we are slowly building an account buffer by having these sinking funds.

I have $377.82 available to send to my smaller private school loan. This will bring the balance to 105.21. While I'm seriously tempted to WAM $100 from somewhere to pay it off, I'm really trying to build things up to where one off payments don't disrupt me. I can't do that if I keep taking the money allocated for that. WF will be paid off with my first April paycheck and I can't wait!

2 Responses to “Payday”

  1. Amber Says:

    Awesome, I love the sinking funds. I started last year but I kept everything in one account now I keep those items in separate accounts with Capitol One 360

  2. rob62521 Says:

    Glad DH is taking an active role. Hope it continues!

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