Friday is payday for me and, in a wierd way, I am looking forward to paying bills. I have the new budget fine tuned and am looking forward to start on some of our new savings goals. It is helpful that hubby has 3 paydays in July. With the last of the catch-up mortgage payments made on 7/2, we should be looking good this month.
I have decided to try a budget with a mixture of auto draft payments for regular utility and savings payments and a cash-plan (or envelope system) for variables like groceries, entertainment and dining out. We will see how it goes.
I am thankful that we don't carry a ton of debt. We do have the one credit card which has $3500 on it. Paying it off in 12 months is my goal. I want to reduce the balance by half by Christmas. I am confident we can do it.
It has taken me a long time to get to this point where I feel good about the money we are making and I am confident we can accomplish the goals we have set. I have had a shift in priorities in the past couple of years. Having security and the possibility of retirement is more important than immediate goodies, fancy cars, or trips I cannot afford. It has taken us 15 years to get here.
Better late than never, right?
The new budget
July 7th, 2010 at 02:27 am
July 7th, 2010 at 02:56 am 1278467804
July 9th, 2010 at 11:32 am 1278671571
Jerry