My paycheck is in the bank, so it’s time for a review of the numbers.
(That said, these numbers are technically theoretical. That is, I received the check from my employer and put it in my business account. I then paid myself, and as of tomorrow all the funds will be cleared. Then I can start transferring everything around. Still, I’ve done the math a few times, so everything should be accurate.)
It wasn’t a good month.Which is to say the month was short (21 workdays instead of 22), and our credit card bill was large.
Among (many) other things, our statement included a $120 repair for our back door, a $130 plumber visit for the shower in the guest house, the $380 reverse osmosis system, my $59 filling at the dentist, $55 in document fees for Tim’s disability attorney, $230 of tests and antibiotics for Patches (nothing major, just majorly expensive) and $200 in prescriptions.
Unfortunately, this means that we’re coming up short. When all is said and done, we’ll be taking about $325 out of savings to cover the credit card bill.
While that’s discouraging, it’s not as bad as it could be.
Thanks to the sponsored post, saved savings and monthly interest, our savings account balance went up by $344. Meaning that we just barely squeaked out an increase in our savings balance. Barely. But that’s still better than a decrease though, amiright?
I also just got a $100 payment from Ebates. It’s a mix of referral bonuses and my own purchases; but let me just say thanks to everyone who helps out the blog (and themselves) by signing up for cash back and rewards sites through my links. It really does make a difference!
Since that’ll get transferred in at the same time as my paycheck, I guess that should be counted too. Which means that savings actually went up by $121 this month. I’ll take it!
Next month’s recap may be more interesting, by the way. We’re trying something new.
As you may remember, we got a new credit card, and we’ll receive a 50,000-point bonus after charging the first $5,000. Alas, that’s all too easy to hit even with life’s usually assortment of financial groin shots.
Still, we’ve decided to start tracking our spending more carefully and part of that will be charging every expense to the card.
Each time money gets spent, I’ll go home and transfer that amount out of the main checking account and into the secondary one. At the end of each week, I’ll make a payment on the card. That way, we’ll be able to keep a close eye on spending. And having to make that transfer will keep me more aware of our spending.
This week was the first one, and it seems to be going okay. Hopefully, our success continues.
How did January go for you?