So I uploaded our new Needs/Wants/Savings budget to Google Docs and H loves it! He has never been able to understand any of my previous budgets, but he loves this one. I've decided to add 2 columns to it for Needs and Wants that I can predict such as bills. We can also use this column to record money going into savings for future Needs/Wants like the yearly Auto Insurance (Need) or H's tuition (Want). He liked that now he can have a clear answer about if we can afford to go out to eat with friends. Yay a budget that leads to less guilt, not more! So for now here are my budgeted amounts:
Income: $4600
Needs: $2300
Billed Needs: $2010.44
Rotating Needs: $289.56
Wants: $920
Billed Wants: $105
Rotating Wants: $815
I know already that we need more for our "rotating needs" including gas, laundry, and groceries. I plan to reduce our rotating wants. I'll also be adding more items to the Billed Wants category. Specifically I need to start saving for H's Masters. We still haven't heard anything from them, but the application period isn't even over. We are both just getting very impatient.
H Loves the New Budget
March 19th, 2010 at 02:51 pm
March 19th, 2010 at 05:57 pm 1269021454
March 20th, 2010 at 12:15 am 1269044119
March 20th, 2010 at 12:24 am 1269044663
Jerry
March 20th, 2010 at 12:25 am 1269044718