I get paid on the 15th and the end of the month. I usually just say the 1st and the 15th since the 15th and the End of the Month sounds goofy.
Well Today I am going to be figuring out how much money I need on hand in the checkbook and then put the remainder into (#4 pay CC bill) of get done prior to 1 Sept 2011 goals.
I realized I am going to be doing this in #4, #3, #2, #1 then #5 order and am wondering if I should reorder them. See when I made the list I was not taking interest rates into account. The problem with #4 is that it is going to get larger as I start to purchase stuff for my work assignment, but I still want it paid off so that I do not have to deal with it.
This paycheck I pay my afterschool daycare, Gas & Electric, Mortgage, and put $100 into savings for future car replacement repair. I have $423 left in checking once those are all deducted so I will apply $324 to my credit card and have $100 in checking for bills that have to be paid by check.
My new CC bill after making the payment above
the new balance is $1656.57 with a interest rate of 8.9%; my statement balance is paid in full. I will need to pay off this amount and any new charges made before the 9th on or before the 1st of November. I save $100 each month for car repair and replacement and since a little over $830 of that is from the car service work If I cant pay the balance in full prior to 1 Novemeber I will take as much as I can out of the car repair account. Right now I do not have $830 in the car repair account though.
Oops, I just realized that I applied $423 to my cc so I will actually only have about $16 in my checking once the Gas & Electric bill is pulled. Well good news is I work best under pressure and now I will be motivated to find some extra money. Guess I will be getting around to listing the furnature I have to sell this weekend. I will also make sure to call this guy who buys cell phones about getting the extra cell phones I have sold, since every bit helps.
It is pay day!!!! Well Actually Yesterday was!
October 1st, 2010 at 02:57 pm
October 1st, 2010 at 07:59 pm 1285959583
Keep plugging away :-)