6/25/2010

Bi-Weekly Budget & a Question...

Posted by with 6 comments | in

The Breakdown:
  • ING Transfers have no changes = $275
  • Transport/Food/Entertain/Other categories have no changes = $300
  • Joint/Bills Account has no change  = $287.50
  • Student Loan has no change = $300
  • Bank Fees - same same
so what changed, and where's my question?

My horse board up until this point has been $165/month.  During the first week of July my boarder stopped feeding hay and Starlight is now on full pasture.  He has kindly pro-rated what I over paid for July and thus I only owe $27.50 for the month of July.

What do you think I should do with the left over $275 this month?

I'm inclined to just make an extra student loan payment, but if you look at any of my 'funds' on the side bars   ------>>>> Do you think I should put the money in any of them?

Related Posts:

  • My Jars - an UpdateJason from Canadian Savings  asked me a couple of great questions on my recent payday post that relate to how I use the jar system. Question One: How long do the jar amounts have to last you? I budget bi-weekly. … Read More
  • Bi-Weekly Budget - Today is PaydayBelow is a picture of the next two weeks. Things will be pretty tight because I got a much needed haircut and splurged on some Halloween decorations as well as some party favors and a gift for one of my roommates b… Read More
  • Bi-Weekly BudgetsI'm curious how other people budget.I currently have a monthly budget set up, where I assume two payperiods a month. This would work if my bills and savings plans were also based on two pay periods a month, but every so often… Read More
  • PAYDAYFriday was payday, woohoo!I actually netted about $50 more then I thought I would too - which is pretty fantastic! I have updated all of my side bars, including my networth to reflect all the savings/debt repayments.If you ch… Read More
  • It's Payday!Hurrah, it's payday.  Here's a breakdown for the next two weeks. As mentioned last week, Jordan and I decided to but our house fund on hold for a month or two until things settle down with our housing situation.  … Read More

6 comments:

  1. Life as a Purse25 June 2010 at 09:00

    I can see why you'd want to put it to your student loans, but I can also see a benefit of putting some in your emergency fund. Maybe a combination of the two?

    ReplyDelete
  2. Mom25 June 2010 at 15:34

    I happen to know that you have lots of birthday's in July. I would hit that Christmas/Gift fund, unless you have a "no gifts while we are saving $$ thing" going on.

    ReplyDelete
  3. single mom, ditching debt25 June 2010 at 15:38

    If it were me I would out it al on debt but I think the best thing to do is maybe half to the student loan and the other half to an emergency fund.

    All my money right now is going to debt and then I'll start my emergency fund but I know my advice is better than my actions :/

    ReplyDelete
  4. Bridget25 June 2010 at 18:44

    I always split extra "surprise" income in half -- one half to savings, the other to debt!

    ReplyDelete
  5. Nelson M.28 June 2010 at 01:05

    I'd say stick with your first instinct, since it's possibly your first instinct for a reason. However, "Mom" makes a good point, being that if you know that one of your savings categories is soon to take a significant hit, it might be a good idea to pad it when the oppourtunity arises... I'm not a good person to take financial advice from though ;-)

    Just sayin'

    ReplyDelete
  6. Anonymous28 June 2010 at 04:50

    I personally would go straight towards debt. focusing money on one thing will get it done faster and free up money to focus on another thing.

    Straight towards one of the debts. that is what I would do.

    ReplyDelete

Hi! Thank you for stopping by and leaving a message.

Subscribe to: Post Comments (Atom)

Links ♥

Followers