Archive for May, 2009

June 2009 Budget

May 31, 2009

june2009budget

I tried to make everything as low as possible. The less we spend, the more we’ll have when it’s time to close on our house.

The one category that is definitely higher than I’d like is “car”. While we shouldn’t drive as much as May, and while hopefully gas prices will go down, Mr. D2S has to renew the registration on his car (something like $80).

Our food (groceries & eating out) budget is really low, especially compared to how much we just spent. We have a decent amount of food currently in the house, and I’m more than willing to eat beans & rice, rice & beans for many meals. We also have a fair amount in gift cards to restaurants, so we’ll be able to still treat ourselves.

We usually donate $120 a month to a charity of our choice, but we’ll push this back to a later date. As long as we give a good percentage to charity in the end, I’m happy.

I didn’t budget for Father’s Day, because we have two small gifts for each of our dads already, plus we have a giftcard that we might use to buy them each a book.

The other big event in June is Mr. D2S’s birthday. Like I mentioned, the gun and accessories are considered his birthday gift, so I don’t need to budget for anything.

May 2009 Review

May 31, 2009

may2009review

At first glance, I would think I should be embarrassed. We spent $425.81 more than we made! But if I break it down, it looks better than it is….

Car: Most of this was fuel. We drove a lot this month, and gas prices are getting high again. $40 bucks were put on our toll card. I set my projection high on this, hoping we’d have some left to put in our car fund. Clearly, that’s not happening…

Groceries: I didn’t even realize how much I’d spent in this category, and am pleasantly surprised that it’s near goal. Next month, my goal is going to be a lot lower, but I’ll discuss that more later.

Household: The thing that really put us over is that I bought razor cartridges for Mr. D2S when I saw them on sale. Almost $50 worth! I think he should grow a beard. 😉

Eating out (work): Mr. D2S works four days a week and usually buys a meal. It’s not the most frugal thing, of course, but I’m fine with us spending the money. He had a few odd days that led to him either getting a free meal or bringing his own lunch, so we were way under goal for this category. I always plan to pack my lunch, but around $6 is my spending.

Dry cleaning: I really feel like we must’ve spent more than nine bucks, but unfortunately we usually pay cash, and often times Mr. D2S picks it up (and forgets to tell me), so I can’t be sure.

Fun Money: This category probably needs a new name. Almost all of this was spent on us eating out. We treated my in-laws once, a friend another time, but mostly, it was just the two of us. Two expensive meals were due to us being out of town (for my job). Other things paid for in this category: a zoo trip and a show. I feel bad that we spent so much, especially when I think that we still maxed out our grocery budget.

Clothing: We really hardly ever buy clothes. I did buy a dress for my graduation, a skirt (that I decided I don’t need), a shirt for work, and two pairs of shoes. (The second pair was necessary because the first gave me blisters at my graduation!) Mr. D2S needed to be restocked on undershirts, underwear, and socks. I thought I would buy more clothes for my job, but decided against it when I realized how quickly we were blowing through money.

Graduation: I thought graduating meant that you were gonna make money, not spend it! Well…that’s true, but this event was still expensive for us. Exams ($590), hotel, paying for a dog-sitter, treating my entire family (20+ people) to pizza…all that added up.

Medical/Window: This is due to the aforementioned flying bug fiasco. I didn’t want to include it in last month’s budget, so I charged it and we paid it early in May. (Usually when I put stuff on our credit card, I show that we pay for it in the budget the day of purchase, not the day of payment.)

Regarding our “Set” categories, the only thing really worth mentioning is that we slacked off on our charitable giving. We’ll eventually get caught up on that by giving more than we normally would in the future. What we normally give will be increasing soon, as our income is a lot higher. (Oh, and also, I didn’t pay for our DirecTV because my landlord, who is my sister, owed me roughly $45.)

Unplanned categories…

Gun: Mr. D2S has wanted a handgun for months, and while we should’ve been setting money aside for it, we really hadn’t. He stumbled across a good deal, and I told him to get it. The gun + ammo + holster = his early birthday present.

Nephew stuff: My brother’s family was in town for my graduation and I paid for diapers, milk, and baby food.

Mother’s Day: I realize I should’ve seen this one coming, but I didn’t really plan for the buying of gifts. We bought my mom a gift in April. We bought my mother-in-law something from a catalog (that she picked out) and then bought groceries and made lunch. We will recoup some of this money because included in the grocery tab were some flip-flops that Mr. D2S sweetly bought for me (due to those pesky blisters) that will be returned. Also, my brother-in-law is planning to pay us for part of the food.

Friend’s Wedding Gift: Clearly they got something good, right? Well, we bought them an HDTV with a group of friends. We’ve already been reimbursed $200, and should be getting at least $183.43 more.

If you think about the fact that we’re owed some money (Mother’s Day and the wedding gift), plus the fact that I’m returning a $24 skirt and about $15 worth of shoes, we didn’t do so bad.

In fact, if you ignore the stuff we didn’t plan on (too bad you really can’t ignore it!), we were $273.67 underbudget! 🙂

Raise on the way

May 30, 2009

Because I’m not working today and I clearly do not feel like cleaning…

I’m posting like mad.

This morning a very important letter arrived in the mail. It notified me that I passed my licensing exam and am officially a professional woman! My hourly rate will double in one week and I will be salaried at $101, 000/yr.

May Income

May 30, 2009

Since the beginning of 2009, our take-home pay has looked like this:

January: 3026.47

February: 3304.37

March: 3048.05

April: 3411.36

May: 2973.47 (I only got paid for two shifts)
(Other income: $680 in graduation money)

Flying Bug Fiasco Update

May 30, 2009

We got a bill from radiology in the mail yesterday for $11.36.

This brings the total up to $273.94.

Under Contract

May 30, 2009

Mr. D2S and I didn’t make an offer on the house I mentioned in the previous post. We really considered it, but decided to check out a few more places first. Good thing we did. We found a completely different house, in a completely different location, and wanted it. The seller was under a lot of pressure to sell quickly, so things just rolled right along.

Initial listing price: $129,900.
Listing price for open house: $124,900.
Listing price day we saw it: $119,000.
Price agreed upon: $113,500.

The seller isn’t paying any closing costs, which is frustrating to me, but oh well. We didn’t want to walk away over that.

We have right around $15,000 right now. Before closing, we’ll have two more paychecks from Mr. D2S (~2850) and my first two or three paychecks. My pay is really frustrating at the moment. Because I’m just training now, I’m not salaried and hours must be submitted in some crazy format. Next week I’ll get three weeks of pay. Hopefully by then, I will be salaried (at twice my current hourly rate), and will get two more paychecks before closing. We’ll see…But I am thinking that I should make at least $6000.

That gives us roughly $24,000. If we don’t spend a dime in the next month. Ha! Bare bones for us is about $1500, so we’ll say we’ll have $22,500.

20% of $113,500 is $22,700. So close!
The total estimate we’ll owe at closing is $26,000. Not quite as close.
Oh, and we can’t forget that inspections will run about $600!

My in-laws are willing to float us the cash that we need, and we will be able to pay them back very quickly because of the $8000 tax credit we’ll get after amending our 2008 taxes.

I’d love to be able to actually have the 20% just for the pride factor, so I’m considering trying to sell some stuff. Maybe if I’m creative enough, I can pull in some extra cash.

Funds are low, Hopes are high

May 23, 2009

We have less than $350 in our main checking account. It has NEVER been that low and I don’t like it. Luckily, paychecks will be arriving soon. Mr. D2S gets paid on the 15th and 30th, while I’m paid every other Friday. I should’ve been paid today, but hours didn’t get submitted in time. That’s okay, because when my first check does arrive it will be extra big!

Mr. D2S and I have been browsing houses (going to open houses, looking online) for quite some time. We had planned on waiting to purchase for a few more months, in order to build up our cash for a down payment. But the other day, we found a house that we like an awful lot. Not sure if we’ll make an offer soon, but I do know that I wouldn’t mind living in it. The pros definitely outweigh the cons.

We’ll see…

Times are Changing

May 15, 2009

I cashed in $82.74 worth of change. I love it.

I know the money was ours all along, but it feels like we just earned it.