Thursday, October 12, 2017
Where we went over budget
Three new decent pairs of shoes will blow your budget. One of my weaknesses is not budgeting (and leaving enough in) the category of clothing. I need to be better about that.
Budget update
| TOTAL INCOME | $ 54,184.00 | $ 4,515.33 | $ 2,084.00 | $ 3,322.36 | $ 1,192.97 |
| Yearly total | Monthly | Average biweekly | Actual | Difference | |
| INCOME TAX | |||||
| taxes, work | $ 4,354.48 | $ 362.87 | $ 167.48 | $ 233.09 | $ 129.78 |
| NET INCOME | $ 49,829.52 | $ 4,152.46 | $ 1,916.52 | $ 3,089.27 | $ 1,063.19 |
| CHARITY 10-15% | |||||
| fast offering | $ 1,056.00 | $ 88.00 | $ 40.62 | $ 88.00 | $ - |
| tithing | $ 5,418.40 | $ 451.53 | $ 208.40 | $ 332.24 | $ 119.29 |
| 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 | $ 349.59 | $ 147.10 |
| HOUSING 25-35% | |||||
| dream home | $ 260.00 | $ 21.67 | $ 10.00 | $ 10.00 | $ 11.67 |
| homeowner's insurance (Jan) | $ 525.00 | $ 43.75 | $ 20.19 | $ - | $ 43.75 |
| Household improvement/ repair | $ 724.36 | $ 60.36 | $ 27.86 | $ - | $ 60.36 |
| 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 | $ 412.62 | $ 34.39 | $ 15.87 | $ - | $ 34.39 |
| power | $ 1,562.08 | $ 130.17 | $ 60.08 | $ 100.03 | $ 30.14 |
| water& trash | $ 1,022.32 | $ 85.19 | $ 39.32 | $ - | $ 85.19 |
| FOOD 5-15% | |||||
| groceries | $ 4,576.00 | $ 381.33 | $ 176.00 | $ 117.12 | $ 264.21 |
| TRANSPORTATION 10-15% | |||||
| car insurance (Jan and Jul) | $ 331.90 | $ 27.66 | $ 12.77 | $ - | $ 27.66 |
| gasoline- buick | $ 827.44 | $ 68.95 | $ 31.82 | $ - | $ 68.95 |
| gasoline- van | $ 1,710.68 | $ 142.56 | $ 65.80 | $ 40.11 | $ 102.45 |
| registration, buick | $ 39.42 | $ 3.28 | $ 1.52 | $ - | $ 3.28 |
| registration, van | $ 44.42 | $ 3.70 | $ 1.71 | $ - | $ 3.70 |
| repair & maintain | $ 265.20 | $ 22.10 | $ 10.20 | $ - | $ 22.10 |
| replace | $ 543.40 | $ 45.28 | $ 20.90 | $ - | $ 45.28 |
| 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 | $ 4.68 | $ 0.39 | $ 0.18 | $ - | $ 0.39 |
| kids | $ 20.02 | $ 1.67 | $ 0.77 | $ 44.75 | $ (43.08) |
| husband | $ 43.68 | $ 3.64 | $ 1.68 | $ 110.54 | $ (106.90) |
| MEDICAL 5-10% | |||||
| health care | $ 5,821.40 | $ 485.12 | $ 223.90 | $ 59.00 | $ 426.12 |
| health insurance- med, dent, vis | $ 4,927.78 | $ 410.65 | $189.53 | $ 189.53 | $ 221.12 |
| PERSONAL 5-10% | |||||
| Christmas | $ 44.98 | $ 3.75 | $ 1.73 | $ - | $ 3.75 |
| gifts | $ 18.98 | $ 1.58 | $ 0.73 | $ - | $ 1.58 |
| personal, me | $ 20.80 | $ 1.73 | $ 0.80 | $ - | $ 1.73 |
| personal, kids | $ 83.46 | $ 6.96 | $ 3.21 | $ 1.50 | $ 5.46 |
| personal, husband | $ 20.80 | $ 1.73 | $ 0.80 | $ - | $ 1.73 |
| pets | $ 676.00 | $ 56.33 | $ 26.00 | $ - | $ 56.33 |
| work | $ - | $ - | $ - | $ 348.17 | $ (348.17) |
| RECREATION 5-10% | $ - | $ - | |||
| entertainment | $ 62.14 | $ 5.18 | $ 2.39 | $ - | $ 5.18 |
| vacation | $ 59.54 | $ 4.96 | $ 2.29 | $ - | $ 4.96 |
| disney | $ 1,300.00 | $ 108.33 | $ 50.00 | $ 50.00 | $ 58.33 |
| DEBT 5-10% | |||||
| husband's student loans | $ 7,052.16 | $ 587.68 | $ 271.24 | $ - | $ 587.68 |
| husband's student loans extra | $ 2,189.98 | $ 182.50 | $ 84.23 | $ 83.04 | $ 99.46 |
| NET SPENDING | $ 49,829.59 | $ 4,152.47 | $ 1,916.52 | $ 1,926.07 | $ 2,226.40 |
| DIFFERENCE: NET INCOME/SPENDING | $ (0.07) | $ (0.01) | $ (0.00) | $ 1,163.20 |
Thursday, October 5, 2017
Budget update
| TOTAL INCOME | $ 54,184.00 | $ 4,515.33 | $ 2,084.00 | $ 29.26 | $ 4,486.07 |
| Yearly total | Monthly | Average biweekly | Actual | Difference | |
| INCOME TAX | |||||
| taxes, work | $ 4,354.48 | $ 362.87 | $ 167.48 | $ - | $ 362.87 |
| NET INCOME | $ 49,829.52 | $ 4,152.46 | $ 1,916.52 | $ 29.26 | $ 4,123.20 |
| CHARITY 10-15% | |||||
| fast offering | $ 1,056.00 | $ 88.00 | $ 40.62 | $ 88.00 | $ - |
| tithing | $ 5,418.40 | $ 451.53 | $ 208.40 | $ 2.93 | $ 448.60 |
| 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 | $ - | $ 496.69 |
| 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 | $ 724.36 | $ 60.36 | $ 27.86 | $ - | $ 60.36 |
| 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 | $ 412.62 | $ 34.39 | $ 15.87 | $ - | $ 34.39 |
| power | $ 1,562.08 | $ 130.17 | $ 60.08 | $ 100.03 | $ 30.14 |
| water& trash | $ 1,022.32 | $ 85.19 | $ 39.32 | $ - | $ 85.19 |
| FOOD 5-15% | |||||
| groceries | $ 4,576.00 | $ 381.33 | $ 176.00 | $ - | $ 381.33 |
| TRANSPORTATION 10-15% | |||||
| car insurance (Jan and Jul) | $ 331.90 | $ 27.66 | $ 12.77 | $ - | $ 27.66 |
| gasoline- buick | $ 827.44 | $ 68.95 | $ 31.82 | $ - | $ 68.95 |
| gasoline- van | $ 1,710.68 | $ 142.56 | $ 65.80 | $ - | $ 142.56 |
| registration, buick | $ 39.42 | $ 3.28 | $ 1.52 | $ - | $ 3.28 |
| registration, van | $ 44.42 | $ 3.70 | $ 1.71 | $ - | $ 3.70 |
| repair & maintain | $ 265.20 | $ 22.10 | $ 10.20 | $ - | $ 22.10 |
| replace | $ 543.40 | $ 45.28 | $ 20.90 | $ - | $ 45.28 |
| 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 | $ 4.68 | $ 0.39 | $ 0.18 | $ - | $ 0.39 |
| kids | $ 20.02 | $ 1.67 | $ 0.77 | $ - | $ 1.67 |
| husband | $ 43.68 | $ 3.64 | $ 1.68 | $ - | $ 3.64 |
| MEDICAL 5-10% | |||||
| health care | $ 5,821.40 | $ 485.12 | $ 223.90 | $ - | $ 485.12 |
| health insurance- med, dent, vis | $ 4,927.78 | $ 410.65 | $189.53 | $ - | $ 410.65 |
| PERSONAL 5-10% | |||||
| Christmas | $ 44.98 | $ 3.75 | $ 1.73 | $ - | $ 3.75 |
| gifts | $ 18.98 | $ 1.58 | $ 0.73 | $ - | $ 1.58 |
| personal, me | $ 20.80 | $ 1.73 | $ 0.80 | $ - | $ 1.73 |
| personal, kids | $ 83.46 | $ 6.96 | $ 3.21 | $ - | $ 6.96 |
| personal, husband | $ 20.80 | $ 1.73 | $ 0.80 | $ - | $ 1.73 |
| pets | $ 676.00 | $ 56.33 | $ 26.00 | $ - | $ 56.33 |
| work | $ - | $ - | $ - | $ 132.94 | $ (132.94) |
| RECREATION 5-10% | $ - | $ - | |||
| entertainment | $ 62.14 | $ 5.18 | $ 2.39 | $ - | $ 5.18 |
| vacation | $ 59.54 | $ 4.96 | $ 2.29 | $ - | $ 4.96 |
| 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 | $ 2,189.98 | $ 182.50 | $ 84.23 | $ - | $ 182.50 |
| NET SPENDING | $ 49,829.59 | $ 4,152.47 | $ 1,916.52 | $ 356.35 | $ 3,796.12 |
| DIFFERENCE: NET INCOME/SPENDING | $ (0.07) | $ (0.01) | $ (0.00) | $(327.09) |
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