I adjusted my budget January 1st to include an increase in health insurance costs. But starting February 1st, everyone at our company got a 10% reduction in pay so I have to re-adjust.
Here's the new budget:
$36,018 (less than when I started at this job!)
-$2,161 (401k, 6%)
-$802 (health insurance)
-$8,400 ($700 monthly budget)
-$3,601 (10% giving)
-$14,400 ($1,200/m mortgage extra)
The new stimulus bill is supposed to give individuals $15 more per paycheck. That will be nice. In reality I could have $1,200 a month to play with but I would rather put it towards the mortgage. Let's hope the stimulus bill really does help the economy. Having a job in manufacturing is quite depressing at the moment. I just need to keep this job for at least 1 year and 10 months and then I can move on to the fun stuff...fixing up my little homestead.