Wednesday, January 27, 2010

My Budget for the month

So here's how my budget for the month stacks up thus far!

Spent: $145.86
Saved: $1,327.92
% of Savings 90%

I don't think this is too bad! In the above $145.86 that I've spent 3 packs of Diapers and 4 packs of Pullups are included!! (Those alone, when you pay full price, would be nearly $60!) I should be well under budget for the remainder of the month! (My budget is $50/week or $200 for the month) I can either run out and spend the remaining or as I like to do, just save the money I didn't spend you could even put an additional $50 down on your credit card.

I was very blessed with financially smart parents and was able to learn the importance of saving money and being able to pay off credit cards at the end of every month. As we all know the interest on those credit cards is outrageous! If we don't have the money at the time, we save up before buying the item. I encourage you that if you do have credit card debit to slowly try to widdle that down, as my grandpa would say "Interest eats right off your table" or "It's like you're throwing that money right out the window" :c)

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