Tuesday, April 6, 2010

Whew!

Long time no post!

Since we all know that the student loan has been ditched, the month of March was awkward to say the least with paying bills. I actually wasn't sure how to pay the bills.

Let me start by saying it was NOT a OMG WE HAVE ALL THIS EXTRA MONEY THIS MONTH WHAT ARE WE GOING TO BUY! We did go out to eat twice last month but that was about it on the spending extra front. We took our savings account from $0 to $1800, which is a big thing for me because I was super nervous having nothing in savings. I think the biggest challenge was figuring out how to delegate the money.

Used to be I would pay one set of bills in the early month and the other set in the later month, so that I could put equal money on the student loan. In March I was able to pay all the monthly bills in one paycheck thus leaving the second check open to whatever. (savings) I think what I'm going to do this month is pay exactly as I had been paying and keep throwing money into savings that would have gone on the loan. I'm also going to take out our blow money in cash every month to control the spending there as well as our food money. (the hardest one for me to track)

My savings goal this month is 2000.... which is a large number, but I am confident that we can get there. That would put 3800 in our savings and be a soft cushion for anything that could happen. Since my work will decrease over the summer (going back to school) summer month savings will be at 1500.

And that is my money front. Frugal tips and tricks to come next week!