YNAB is going well so far.
I have been staying in budget for everything, except for groceries! Yikes. I did really good only getting what we need, but the fact is food is expensive, especially dog food!
We are already $30 into our food budget for NEXT week, and I need to go pick up some cheese and sour cream for dinner tonight. After that I'm making it a goal not to buy anymore groceries until Friday.
I did manage to save myself some money! I called the car insurance company and had them shop around for a cheaper plan. They found one for nearly $400 less a year! Whoot whoot! Now I only need to come up with around $165 before Oct.
Put the first $127 of my school bill on the credit card. Only 2 payments of $112 left.
Paid $185 on my credit card today. I only need to pay $15 next week to pay off the statement balance, but I am going to continue to pay it down to $0. I'm tired of having a "balance" on there, even though we don't get charged interest.
Just trying to manage until husband gets paid again. 3 weeks seems like a very long time away.
YNAB & My Budget
August 25th, 2014 at 03:13 pm
August 25th, 2014 at 04:36 pm 1408980966
August 25th, 2014 at 07:02 pm 1408989758
I also don't like having a balance on the c/card, as for me it's too easy then to think my savings balance is mine, rather than for delayed outgoings. I worked out I would earn about $250 a year if I kept the money for longer in savings - but I would also probably spend money I shouldn't. Best of luck for that stretch 'til his next payday....
August 25th, 2014 at 11:58 pm 1409007509
As I look at how FICO [credit scores] are assessed, it seems to use how you use CCs. As I understand it, if you payoff charges before they are billed, there is no benefit score-wise. The point is to pay the billed balance by it's due date. To be on the safe-side, two business days before due if paying via your bank's/CU electronic system. You've excellent judgement and I have total confidence that you'll maintain accounts for your personal benefit.
August 26th, 2014 at 01:28 am 1409012897