Yes, yes, yes please do a debt break down all on one sheet with name of debt, beginning balance, percent interest, minimum payment, amount paid, and ending balance. As desired, create a form you like, get photcopies at the library, then staple into your note book; onecphiyi coot to a side of a page. Or scour the internet for a free form you like, print it, staple it to your notebook across the top (leaves the page underneath usable), and try it out. Dont settle on a form by printing extra copies until you're sure you like it.
@tessrobin45484 ай бұрын
Thanks for the updatea!💬💢
@terryhenderson4244 ай бұрын
Keep the $11, phone storage in the budget. On the months youre getting a credit, or dont have to pay, count it as an underage.
@terryhenderson4244 ай бұрын
Do consider tracking eating out separately from groceries. For the budget, write groceries and tge $350 but add an indented line titled eating out. Dont put a budgeted amount for eating out, let it remain bundled with the grocery money. When doing the budget recap add put actual sum spent on food from the grocery store to and eating out tomthecright of groceries, put the amount spent on eating out to the righ vof the indented eating out line item. Im guessing that younare spending as much if not more on eating out than groceries from tge grocery store.
@terryhenderson4244 ай бұрын
You are WAY over spending on the week end. If you divide $150 by 2 days, you have $75 maximum to spend per day; $50/ day if 3 days; and $37.50 if spread across 4 days.
@terryhenderson4244 ай бұрын
The videos are not as important as the actual budgeting.
@terryhenderson4244 ай бұрын
Im confused ... it seems youre way over budget?
@adultingtime4 ай бұрын
Hey @terryhenderson424, I didnt even total it up lol😬. For that week we came in at $1831.53 and $1948 was the budget for the week, and our total income for that week was $2336.13. Pretty close😖. I agree, the actual budgeting is what is important. I might just do my budget on my time and just record and walk through everything when I have time. With summer coming up this house is going to be busy. Thanks for the feedback, and thanks for watching!
@terryhenderson4244 ай бұрын
@@adultingtime Sorry, I obviously got lost..... It would be my advice to have a clear destination or allocation for all income overages or budgetary line item underages before you even set down to write a monthly budget. These can be different for different budgetary line items and even a split of a large sum of left over money during this time of income plenty. My second bit of advice is to spend a large amount during this time of income plenty to reduce your debt minimum payments. This may mean paying off debts or it could mean paying down debts with variable, minimum payments based upon the balance owing. My third price of advice is to try to get a barer bones budget that comes in at or under the $13×× paycheck amount. When the income is plentiful pay down debt, get some retirement funds going, add to your savings, fund sinking funds, buy toys you can afford to use during the leaner times, and/ or do trios and entertainment; but only when fully funded by the extra income. You will only truly return money to your budget by paying off debt and remaining out of debt. The interest savings in paid off balances often exceeds the value of any legal investment, high yield savings account, or rewards points.
@terryhenderson4244 ай бұрын
@@adultingtime congratulations for coming at budget, even better under budget. That allows you to wisely direct your income overages to meet your financial goals.