Saturday, November 21, 2015

Where we went over budget

Car repair.  Ouch.  What started out as an alignment on our badly out of alignment van turned into $465.62.  Oh my.  So, at this point, our vehicle repair fund is so badly out of whack (-$1,110.49) that it won't be caught up in pretty much forever.  At this point, my usual plan of attack is to take all of the money from our discretionary funds and redistribute it according to its percentage as a whole.  As a simplified example, say I had -$45 in my car fund, $80 in my personal fund, and $20 in my entertainment fund.  The total would be $80+$20-$45= $55.  I would "put" $45 into the car fund to make it a zero balance, and then add what was originally in the other funds: $80+$20= $100.  So, 80% of the money ($80/$100) remaining goes into the personal fund: $55x0.80= $44, and 20% of the money ($20/$100) remaining goes into my entertainment fund:$55x0.20=$11.  $44=+$11=$55.  Does that make sense?  Well, I'm off to do some math!

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