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Paycheck 7/20

July 20th, 2006 at 07:14 am

1204.69 Salary
0.60 Left over from last check
1205.29 Total to work with

100.00 Rent (save for August)
93.17 Auto Insurance
250.00 CC1*
60.00 Student Loan (58 payments left)
25.00 Savings
10.00 ING Savings
121.00 Consolidation (save for August)
100.00 Food
60.00 Storage **
170.47 Timeshare
65.01 Electric
35.00 Medical
40.00 Gas
30.00 Personal
20.00 Offering

25.64 Left Over

* Minimum payment is 417, the only way I can make that payment is to take the money I pay on my cell phone ($66) and my cable bill ($59), put that in as part of the $250 out of this check, and then use the credit card to pay those bills. Not the best of strategies but right now that's the only way to make the payment.

** I'm working really hard to try and empty the unit by the end of the month so hopefully I won't actually have to pay it anymore.

I was going to put the left over amount in my savings account but I think I'm just going to leave it as a cushion so I don't start borrowing from the money I hold out rent and loan. If it's still there when the next paycheck comes then it'll go into savings.

I also think I'm going to start using CC2 (currently empty) for grocery and gas purchases and then pay it off at the end of the payperiod. Because CC2 gives 5% cash back on grocery and gas purchases. I'll still keep within my budget and pay it off before it can acrue interest. It's a game, yes, but I think I can pull it off and make some money out of it.

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