Thursday, July 20, 2017

Where we went over budget

We decided to finally fix the van's air conditioning, which has been out of commission for quite a while.  Our upcoming vacation south had a big part in that.  We didn't want to be roasting in misery while we were supposed to be enjoying ourselves.  We should be able to swing it just fine since my husband has been putting in a lot of extra hours.  Hopefully, we don't get hit with unexpected expenses like last year when we had to repair the van just before Christmas time, or we'll have to pull from emergency savings again.
Unfortunately, that's not going to bode so well for our gas savings challenge, since we've been doing a lot of running back and forth since we were down to one vehicle for several days.

Budget update


TOTAL INCOME  $  54,184.00  $ 4,515.33  $              2,084.00  $ 4,702.03  $   (186.70)

 Yearly total   Monthly   Average biweekly   Actual   Difference 
INCOME TAX




taxes, work  $    4,354.48  $    362.87  $                 167.48  $    296.96  $       65.91






NET INCOME  $  49,829.52  $ 4,152.46  $              1,916.52  $ 4,405.07  $   (252.61)






CHARITY 10-15%




fast offering  $    1,056.00  $      88.00  $                   40.62  $      88.00  $             -  
tithing  $    5,418.40  $    451.53  $                 208.40  $    470.21  $     (18.68)
SAVINGS 5-10%




emergency fund  $              -    $           -    $                         -    $           -    $             -  
kids savings  $       127.40  $      10.62  $                     4.90  $        7.35  $         3.27
retirement  $    5,960.24  $    496.69  $                 229.24  $    517.22  $     (20.53)
HOUSING 25-35%




dream home  $       260.00  $      21.67  $                   10.00  $      15.00  $         6.67
homeowner's insurance (Jan)  $       525.00  $      43.75  $                   20.19  $           -    $       43.75
Household improvement/ repair  $       777.92  $      64.83  $                   29.92  $           -    $       64.83
appliance replace  $       214.50  $      17.88  $                     8.25  $           -    $       17.88
real estate tax, county (Jun and Dec)  $    1,060.00  $      88.33  $                   40.77  $           -    $       88.33
real estate tax, town (Dec)  $       190.56  $      15.88  $                     7.33  $           -    $       15.88
UTILITIES 5-10%




internet  $       461.40  $      38.45  $                   17.75  $      38.45  $             -  
phone- cell  $       226.72  $      18.89  $                     8.72  $      14.50  $         4.39
phone- home  $       189.12  $      15.76  $                     7.27  $      15.76  $             -  
power  $    1,567.80  $    130.65  $                   60.30  $      94.05  $       36.60
water& trash  $    1,028.30  $      85.69  $                   39.55  $      75.21  $       10.48
FOOD 5-15%




groceries  $    4,576.00  $    381.33  $                 176.00  $    230.82  $     150.51
TRANSPORTATION 10-15%




car insurance (Jan and Jul)  $       331.90  $      27.66  $                   12.77  $    165.95  $   (138.29)
gasoline- buick  $       647.41  $      53.95  $                   24.90  $      44.49  $         9.46
gasoline- van  $    1,338.48  $    111.54  $                   51.48  $      66.95  $       44.59
registration, buick  $         39.42  $        3.28  $                     1.52  $           -    $         3.28
registration, van  $         44.42  $        3.70  $                     1.71  $           -    $         3.70
repair & maintain  $       293.54  $      24.46  $                   11.29  $    761.89  $   (737.43)
replace  $       683.54  $      56.96  $                   26.29  $           -    $       56.96
taxes, property- county (Dec)  $         72.41  $        6.03  $                     2.79  $           -    $         6.03
taxes, property-town (Dec)  $         77.45  $        6.45  $                     2.98  $           -    $         6.45
CLOTHING 2-7%




me  $           8.06  $        0.67  $                     0.31  $           -    $         0.67
kids  $         27.56  $        2.30  $                     1.06  $      14.61  $     (12.31)
husband  $         48.88  $        4.07  $                     1.88  $           -    $         4.07
MEDICAL 5-10%




health care  $    5,821.40  $    485.12  $                 223.90  $    (93.70)  $     578.82
health insurance- med, dent, vis  $    4,927.78  $    410.65 $189.53  $    379.06  $       31.59
PERSONAL 5-10%




Christmas  $         57.98  $        4.83  $                     2.23  $           -    $         4.83
gifts  $         25.74  $        2.15  $                     0.99  $        6.98  $       (4.84)
personal, me  $           8.58  $        0.72  $                     0.33  $           -    $         0.72
personal, kids  $       128.44  $      10.70  $                     4.94  $        2.16  $         8.54
personal, husband  $           8.58  $        0.72  $                     0.33  $        8.35  $       (7.64)
pets  $       676.00  $      56.33  $                   26.00  $           -    $       56.33
work  $              -    $           -    $                         -    $  (263.40)  $     263.40
RECREATION 5-10%  $              -    $           -  


entertainment  $         35.10  $        2.93  $                     1.35  $           -    $         2.93
vacation  $         76.96  $        6.41  $                     2.96  $    228.64  $   (222.23)
disney  $    1,300.00  $    108.33  $                   50.00  $      75.00  $       33.33
DEBT 5-10%




husband's student loans  $    7,052.16  $    587.68  $                 271.24  $    587.68  $             -  
husband's student loans extra  $    2,458.30  $    204.86  $                   94.55  $    578.00  $   (373.14)
NET SPENDING  $  49,829.45  $ 4,152.45  $              1,916.52  $ 4,129.23  $       23.22
 DIFFERENCE: NET INCOME/SPENDING   $           0.07  $        0.01  $                     0.00  $    275.84

Thursday, July 6, 2017

Budget update


TOTAL INCOME  $  54,184.00  $ 4,515.33  $              2,084.00  $ 2,370.55  $  2,144.78

 Yearly total   Monthly   Average biweekly   Actual   Difference 
INCOME TAX




taxes, work  $    4,354.48  $    362.87  $                 167.48  $    149.97  $     212.90






NET INCOME  $  49,829.52  $ 4,152.46  $              1,916.52  $ 2,220.58  $  1,931.88






CHARITY 10-15%




fast offering  $    1,056.00  $      88.00  $                   40.62  $      88.00  $             -  
tithing  $    5,418.40  $    451.53  $                 208.40  $    237.06  $     214.47
SAVINGS 5-10%




emergency fund  $              -    $           -    $                         -    $           -    $             -  
kids savings  $       127.40  $      10.62  $                     4.90  $        2.45  $         8.17
retirement  $    5,960.24  $    496.69  $                 229.24  $    260.76  $     235.93
HOUSING 25-35%




dream home  $       260.00  $      21.67  $                   10.00  $        5.00  $       16.67
homeowner's insurance (Jan)  $       525.00  $      43.75  $                   20.19  $           -    $       43.75
Household improvement/ repair  $       777.92  $      64.83  $                   29.92  $           -    $       64.83
appliance replace  $       214.50  $      17.88  $                     8.25  $           -    $       17.88
real estate tax, county (Jun and Dec)  $    1,060.00  $      88.33  $                   40.77  $           -    $       88.33
real estate tax, town (Dec)  $       190.56  $      15.88  $                     7.33  $           -    $       15.88
UTILITIES 5-10%




internet  $       461.40  $      38.45  $                   17.75  $           -    $       38.45
phone- cell  $       226.72  $      18.89  $                     8.72  $           -    $       18.89
phone- home  $       189.12  $      15.76  $                     7.27  $           -    $       15.76
power  $    1,567.80  $    130.65  $                   60.30  $      94.05  $       36.60
water& trash  $    1,028.30  $      85.69  $                   39.55  $      75.21  $       10.48
FOOD 5-15%




groceries  $    4,576.00  $    381.33  $                 176.00  $      30.08  $     351.25
TRANSPORTATION 10-15%




car insurance (Jan and Jul)  $       331.90  $      27.66  $                   12.77  $           -    $       27.66
gasoline- buick  $       647.41  $      53.95  $                   24.90  $      17.27  $       36.68
gasoline- van  $    1,338.48  $    111.54  $                   51.48  $      33.06  $       78.48
registration, buick  $         39.42  $        3.28  $                     1.52  $           -    $         3.28
registration, van  $         44.42  $        3.70  $                     1.71  $           -    $         3.70
repair & maintain  $       293.54  $      24.46  $                   11.29  $           -    $       24.46
replace  $       683.54  $      56.96  $                   26.29  $           -    $       56.96
taxes, property- county (Dec)  $         72.41  $        6.03  $                     2.79  $           -    $         6.03
taxes, property-town (Dec)  $         77.45  $        6.45  $                     2.98  $           -    $         6.45
CLOTHING 2-7%




me  $           8.06  $        0.67  $                     0.31  $           -    $         0.67
kids  $         27.56  $        2.30  $                     1.06  $           -    $         2.30
husband  $         48.88  $        4.07  $                     1.88  $           -    $         4.07
MEDICAL 5-10%




health care  $    5,821.40  $    485.12  $                 223.90  $      76.32  $     408.80
health insurance- med, dent, vis  $    4,927.78  $    410.65 $189.53  $    189.53  $     221.12
PERSONAL 5-10%




Christmas  $         57.98  $        4.83  $                     2.23  $           -    $         4.83
gifts  $         25.74  $        2.15  $                     0.99  $           -    $         2.15
personal, me  $           8.58  $        0.72  $                     0.33  $           -    $         0.72
personal, kids  $       128.44  $      10.70  $                     4.94  $        0.72  $         9.98
personal, husband  $           8.58  $        0.72  $                     0.33  $           -    $         0.72
pets  $       676.00  $      56.33  $                   26.00  $           -    $       56.33
work  $              -    $           -    $                         -    $           -    $             -  
RECREATION 5-10%  $              -    $           -  


entertainment  $         35.10  $        2.93  $                     1.35  $           -    $         2.93
vacation  $         76.96  $        6.41  $                     2.96  $           -    $         6.41
disney  $    1,300.00  $    108.33  $                   50.00  $      25.00  $       83.33
DEBT 5-10%




husband's student loans  $    7,052.16  $    587.68  $                 271.24  $           -    $     587.68
husband's student loans extra  $    2,458.30  $    204.86  $                   94.55  $           -    $     204.86
NET SPENDING  $  49,829.45  $ 4,152.45  $              1,916.52  $ 1,134.51  $  3,017.94
 DIFFERENCE: NET INCOME/SPENDING   $           0.07  $        0.01  $                     0.00  $ 1,086.07