So in order to look back, I want to track our budget month by month. If anyone has any tips or thoughts on where we can take money out for our debt snowball, feel free to let me know.
* We have $300 in a Health Savings Account or something (doesn't roll over year to year, but we can use it now... comes out pretax, each paycheck).
* Monthly take-home income is: $2793.28 I think it will go up because Phil changed his claims from 2 to 6 today... being married, having a child, etc.
* A " * " next to the category means we are using the Envelope System.
*Charitable Gifts: $50
Renters Insurance: $13.08
Water/Sewer/Trash: $47.86 (changes by a few dollars every month)
Internet Service: $27.45 (Will go down to $20.45 in 6 months, we are paying $7/month for 10 months for our modem. I think we will cancel this as our neighbor lets us use hers and it works fine. We would have to pay off the modem, but that would save $20/month).
*Grocery: $330 (I've been playing with this number from $300-$350... $300 is now not enough with Charlotte using some formula for cereal, and $350 was too much last month).
Car Insurance: $77.22 (Right now this is only mine. Phil's would be $65 for everything or $45 for comprehensive).
*Repairs and Tires: $40.00
*Gas and Oil: $0 (We had almost $300 in here, so we put most of it towards our debt snowball. We usually budget about $250 since gas prices have gone down).
*Children's Clothing: $30
*Adults Clothing: $40
Health Insurance: $210.17
*Household: $120 (I have recently upped this the past few months from $100. It covers everything that is not food. Diapers, shampoo, lotion, etc.)
*Gifts (Including Christmas): $20 (We put a lot in last month, so I put less in this month).
*BLOW $: $25
*Pet Supplies: $30 (For dog food, toys, and vet visits).
Credit Card: $153 (Minimum just went down by $2, yay!)
Direct Loans-Anna: $63.30
Direct Loans-Phil: $50
Hospital Bill: $100
Debt Snowball: $204.55
Beginning in March, we will have another loan to pay back. They had a 9 month grace period. One was Phil's which we paid off in January, the other is mine. I believe my minimum payment will be $50.
Feedback is always welcome!