Friday, February 27, 2009

Bills, Bills, Bills...

I got tired of waiting for the utility bills from the rental house to come in so I decided to add up what I have and see what the damage is. Whatever partial bills come in for the rest of February should be covered by my March budget (as long as I don't buy a camper!). The total, including fees for transferring electric, gas and cable back in to my name, came to $670 for Jan. and Feb. Wow. That is a lot. At least I'll get $50 back from the cable company because I cancelled it last Monday. By March 2 all of the utilities should be in my new tenant's name.

I had budgeted $536 for utilities. Then I got a pay cut so that took $100 away. I had a $200 surplus from January so that helped. I added in some of the furniture money and ended up with a whole $10 left over. Now I just need to find $75 for the plane ticket that I bought for my trip to Disneyland and my budget will be balanced once again.

It feels good to balance my budget. Now that I know that I don't have any extra money I don't feel tempted to buy something that I don't need (like a camper). Having money in the bank is tempting. Just because it is still in there doesn't mean I can spend it. In fact I have already spent that money or at least promised it for one of my goals.

My next goal is to see how soon I can pay my extra mortgage payment for March. I think I will have to wait until my second paycheck for the month. That's March 18th. I'm only 2 1/2 weeks from dipping below $50k! If I can stay off Craig's list I just might make it.

4 comments:

Lizzie said...

I cant beleive you managed to make extra payments in the middle of sorting the house out. Weel done you.
Now just kep off Craigs list!!

Lizzie

Sharon Rose said...

Hi there-well done for sticking to budget, it does give a great sense of achievement to do this! Lets see you go under 50k this month!

Over the Cubicle Wall said...

Very well done. The 50k milestone is a big one!

Does your mortgage allow for more than one payment towards principal per month? Mine had some kind of goofy rule that only let you do it once. I can't remember all the details, but it seemed annoying.

Daizy said...

Thank's Lizzie. It is only because I didn't spend the maintenance fund ahead of time. Craig's list has lost it's appeal now that I know I don't have any extra money. Now I will only go there to sell!

Hi Sharon Rose. If I can keep resisting the urge to reward myself every day, I just might make my next goal.It is so easy to sabotage myself!

Over The Cubicle, I tried to make more than one payment online once and it wouldn't do it. But when I started this adventure I paid $25k in 2 checks at the bank. For some reason they couldn't process a $25k check so I had to split it. Maybe if I went in to the bank I could make more than one payment a month but I'll just wait until I have all of the money.