I’m still in the midst of the big audit of our last 3 months’ spending. What a train wreck! I’m glad I saved as many receipts as I did, so I can better categorize discretionary spending and not just lump it into “personal.” We need to have a categorical breakdown of that spending so that we can adapt our habits to our circumstances. What isn’t on a receipt I have to fill in from the card statements. I suppose it’s a blessing that we hardly ever use cash, as that would be rather difficult to trace. I am counting the records of our cash withdrawals as spending, then deducting any receipts for cash sales from that so that they’re not double-counted. It’s time to dust off my accounting skills.
Meanwhile, I split the essential bills and the income, i.e. the money that’s not student loans, off from the rest of it to see if we were within bounds on the basics. And…no. We’re not. See for yourself:
$235-Heat/Electric (highest bill so far, this month)
$ 44-Life insurance (for 2)
$ 22-Health insurance (for me, unless the State guts the program)
$ 11-Local paper (keeps us informed, can’t read it online)
$ 10-Netflix (keeps us fairly sane)
$1484 per month total
Less $1420 per month stipend=
-$64 per month.
Well, that’s not sustainable now, is it? It’s a good thing I’m getting all that federal and state grant money, right? That should tide us over, shouldn’t it? Well…it’s $1,982 per quarter. That’s almost $600 less than this time last year. After paying off the (gasp!) $1,000 credit card bill we racked up and taking care of transcript and application fees for grad school, that gives us $73 per week. I wonder how far I can stretch that.
($15) boys’ allowance
($ 5) church offering
$18 for whatever else may come along.
Yeah, good luck with that.