This is how we spent it – partial paycheck edition.
Mr. Brickie has gotten paid (first check direct deposited!) and so it becomes time for my favorite time of the week which is the How We Spent It! post. For his 29 hours of service he was paid $420.13 (personally I think something is wrong with that number. I projected $467 and my numbers tend to be low but okay, alright, we’ll figure that part out later and for now let’s deal with the monster in front of us. The bills.
November’s List of (not gas/not tolls/not toilet paper) Bills
Two Hours Later….There was already a hundred dollars in the account that had not already been spent because we just leave money alone for the most part. Right now we’re starting with $550.43 in the account. Here is how we are going to spend it.
Okay, I’m having trouble deciding. I could either pay off the two credit cards with sub-$100 balances or I could pay minimums and pay right down to the water bill. Mr. B has worked solid since Monday and weather doesn’t look like it’s going to get ugly (he can’t work if it’s below 32 degrees) so he should have a full paycheck next Wednesday ($680) which would allow for the water bill, the Internet bill (it’s an autopay bill so that money would actually be paid to the credit card) and most of the car payment would be set aside.
I think it doesn’t matter. If it doesn’t matter than paying off credit cards to get rid of them is going to be the smart play. Right?
So, the How We Spent It will look like this:
The Internet bill is an autopay that goes on the main Capital One CC so I will pay that 75.00 to the card even though it is listed as Internet because that’s just how I do the accounting for now. My goal is to have my gas/electric/internet and whatever else I can be billed automatically to a credit card so I only have to look one place and make payments one place. Since I will never, ever feel comfortable having money directly removed from my debit card for the iPass (for tolls) there will always be one credit card out there to be paid and I’m okay with that. The goal – of course – is to make it a bill-collection card and not something we use to buy stuff we don’t have money for.
So that’s how we spent it! Or how I will spend it by the end of the day. I still need to sit with it for a few minutes to make sure I”m not forgetting anything or making a mistake doing it this way. I always try and sit with my decision for a little bit to make sure I haven’t forgotten something important. There is one $20 check out in limbo for the dentist and we do owe some money for a couple of medical bills that Mr. B incurred when he was really sick and we didn’t understand how a PPO worked yet. (You pay 20% so when hundred dollar bills come in the mail – not the green kind, lol – you have to pay them and you don’t resubmit them to insurance.)
But other than that there are no hidden costs or expenses.
I think I’m going to just pay off those two cards. It’s all going somewhere and as long as it’s not being wasted or going toward something frivolous, that’s all that matters.