Canceled the gym membership today. I've been saying the past year how great a deal it is, but no matter how little the monthly membership fee is it's still a waste of money if you never go. So that's $20 saved between my husband and I to go towards something else. We're also trying to sell the fixer upper RV that we never fixer uppered. I'm hoping to get $500 for it and then we'll save another $30/month on insurance. Oh and then T got a promotion (Assisant Manager) last month. Only net $60 more a paycheck after upping his 401k. A little bit here and a little bit there and we're inching our way towards a 1-income household. I don't think I'd ever want to not have a career, but it's nice to think we might have options when we get around to having kids.
Viewing the 'Personal Finance' Category
My husband likes to make fun of me. He thinks it's a little strange that I carry this excel spreadsheet with me everywhere I go on my USB keychain. I think it's a little strange that he is content to go through life without the slightest idea of what our finances are. On occasion I bring up the spreadsheet on my laptop at home and indulge in my fantasies and have him watch. "See - look what would happen if we put all our excess money on this loan?! Or or if we pay down the house!? Look at that!" "Right..yeah..great." On occasion, when I feel like we've made great strides with reducing debt, I break out into song and sing The Circle of Life from Lion King (of course replacing "circle" with "spreadsheet" whenever I can).
Yep. I guess you could say I'm a little bit crazy.
Since I am a state employee, I know what all of my pay increases are based on our current contract, and in one tab of my spreadsheet, I've listed all the increases and on what date they occur. I've guesstimated the increases for my husband as well. I deduct taxes and retirement contributions and figure out our current and future net income.
Another tab is filled with all of my expenses. A column for necessities and another for supposed "necessities". My husband is a smoker, so unfortunately I have to budget for his vices. I tried enticing him to smoke by saying he could keep all the money he didn't spend on cigarettes for 6 months and buy himself something but so far that hasn't panned out. Moving on..
A third tab includes a breakdown of future paydates with allocation of moneys. We pay all the monthly bills and the mortgage and the rest plunk on debt.
A fourth tab shows all debt incurred since I graduated college (3 years ago) and what we've paid off so far.
A fifth charts (or should I say charted) daily exercise. Sadly that has not been updated in a while.
A 6th and 7th tab even breaksdown... dare I say it? Maybe not. Perhaps I'll divulge another day.
As you can see this has become a rather unhealthy obsession. Since I've started these spreadsheets around a year ago I've becomed much more disciplined and organized and motivated.