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Payday is here!!

May 31st, 2018 at 10:08 am

Phew, just made it! We've been running out of things at home - I know my family will be delighted when I get to the grocery store Smile

I get paid on the 15th and last day of every month. Here is my budget for the first pay period of June:

Pay 1628.12
Left Over 30.66
Total 1658.78

Expenses:
TIAA Loan 190.62
Capital One 80.00
Citibank 150.00
Life Insurance 77.00
Gas and Electric 291.75
Kohls (pay off) 56.38
Cell phones: 199.73
Total: 1045.48

Left over: 613.30
Gas: 100.00
Groceries: 200.00
School Lunches 42.00

If all goes according to plan I should have 271.30 to throw at my Discover Loan on the 14th!

I am excited to see if I can do this Smile

I also signed up for a few more mystery shopping jobs. Can't wait until I get paid for those in June.

5 Responses to “Payday is here!!”

  1. creditcardfree Says:

    I'm cheering for you! Would love to hear about that extra money going to Discover!

  2. Butterscotch Says:

    Will the extra money towards Discover go towards the principle, or towards the next months payment? You might need to specify to them if you want it to go to towards the principle.

  3. Debt-free by Thir-ty Says:

    I love payday and can relate on the empty fridge at the end of the month. I went to make DH a pb&j for lunch today...and we're out of bread.

    I don't know if you'd feel comfortable doing this, but if you have an emergency fund/some sort of account buffer in place, I'd actually recommend sending that money over up front. It's scary to lose it, but I've learned that when I keep it in anticipation of sending it over, it tends to work it's way into my discretionary spending. If I get rid of it immediately, I'm more likely to forgo that steak or fast food or bag of chips since I know I need to follow the budget because there's no wiggle room for me to run over.

  4. rob62521 Says:

    Terrific! Your hard work is paying off!

  5. AugustGril71 Says:

    Debt-free by Thir-ty I have thought about paying the extra up front so I don't have it available for spending. I am afraid if I do that something might come up and without that money I might be tempted to use my credit card. I am going to work towards that goal though!!

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