Saturday, December 3, 2011

Breaking even in 6 months - Week 3/Day 1

Do apologize to those who are reading.  I came down with a really nasty case of Strep Throat and was very sick.

So here is the break down from the last week!  Thank G-d, we have been totally blessed.  We had a check that came in for 3,500 and that cleared up a lot of bills.  That put us straight with just about everything we were behind on.  Now here is the thing, you would think that I cleared my rent...nope I didn't.

I did however pay all of my electric I was behind on which was $760.00.  I cleared a bill and paid off Rent a Center for our dryer.  We are now in the clear with them, and I will never go back again.  From now on I will save the money and pay cash for items I would need such as a tv, couch, washer/dryer.  The price is triple what you would pay if you waited.  I also paid some money to my family, they had borrowed us some money and we paid that off.  We also paid our verizion bill that provides us with internet and home phone.  That bill is now caught up.  So What I had left, is my rent.

I paid my landlord $1000.00 out of our last paycheck and we are now only responsible for 1330, after the first of the month hit again.  So we are closer to our breaking even point.  The next paycheck will be this Thurs. and out of this paycheck we plan to pay $1000 to our landlord and save some money for basic needs around the house, such as a hose, gas, groceries, and toiletries.

I know I have not put a lot of emphasis on it, however we also tithe so that money will go and this week I also plan to try and save a little.  I have been tossing our pocket change into a bucket and some bills, so far we probably have save maybe $20.  That is good, seeing as we always put it up but then go back several days later when the money is gone and take it out.  It has not been easy not to touch it, I will be honest.

We also started playing the lotto.  We sometimes pick up a ticket here and there for fun, which we did this last week.  We actually won both the tickets we picked up.  We took the money we originally spent and got two more (they were two dollar tickets, so we spent four dollars and each had one).  So far we have one each time we have gotten tickets, but today I got one that did not win, so from now on I will only be buying one until that one looses.  So far we have won $30.  This is also going in the vacation fund.

So goals for this week:
1. pay rent -  $1,000
2. put at least $5.00 in savings (it is a start)
3. tend to household items within a budget of $60.00 (will achieve this with coupon use)

I think my husband finally fixed my bike, so I will be taking it out for a test spin.  As for our fun activities this week, I took my children to Home Depot today for their free workshop.  The kids made snowman napkin holders, they got to paint them as well.  It was a great craft project!  We will also be hosting a bonfire this Thursday for the youth from our church, and my son and I will have worship practice together this week as well.  He will be playing drums for the worship team.  This is exciting because it is the first time he will play a full set (five songs) and he is 6 years old.

Plan to be very busy this week, but also plan to take one night for family game night.  Chanukah is coming up and so that will be a holiday to be saved up for.

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