This has been coming for a long time, but last week I finally got official word that it was happening. I am getting promoted at work, and will be getting a raise of $1.89/hr. Not bad, I suppose.
Most of that raise, however, will be eaten up by groceries, as we will be getting off of food assistance! Woohoo! How liberating! We sure are excited about that, even if it does eat up most of our new income. After that, the raise only comes out to about $34 more per month.
So we looked at our budget. We have budgeted $40/mo for kid-related expenses. Seeing as how our little two year old is already potty-trained, a lot of this is no longer required. So we cut it down to $25/mo. We shall see how that goes. Hopefully we can contribute a decent amount to savings each month.
Also, I started using YNAB (You Need a Budget) recently. I was previously using just the iOS app PocketMoney. YNAB seems to be a bit more realistic and easy to work with. Instead of highlighting your total available funds, it highlights your budgeted amounts. Out of sight, out of mind.
So, here we go! Another new chapter in our lives.
Movin' On Up
June 28th, 2013 at 05:54 pm
June 28th, 2013 at 06:20 pm 1372440059
June 28th, 2013 at 07:07 pm 1372442853
June 28th, 2013 at 08:18 pm 1372447083
June 29th, 2013 at 02:46 am 1372470414
I admire your de-clutter process keeping only the items you use, enjoy and love. It's a goal we strive to reach. We do better in summer when we can store extras we need in winter. Since you life and work in the same complex, I hope you manage auto mileage planning errands on any trip out and suggest you check 'gas buddy' on-line for best gas prices.
June 29th, 2013 at 07:29 am 1372487356
June 29th, 2013 at 07:35 am 1372487745
@LuckyRobin - Thank you so much! There is always room for improvement, and I sure am doing my best to improve!