pasta 75 cents
I have been reading about the six jars method of handling your money by T Harv Eker. I'm always looking for more efficient ways to handle my money so will give it a try for the next 6 months. But with the system I'm already using, I can only put $5 aweek from my misc $20 into the jaars, plus my loose change.
I dickered with the amount going into the jars. There didn't seem much point in having a Neccesities jar when I'm already budgeting for that outside of the jars, whereas I really want to beef (oops I mean tofu) up my Financial Freedom jar. So my allocation is:
Financial Freedom 50%
Long Term Savings 25% this is going into my Trans Siberian fund
Education 10% I am saving for recorder lessons
At the moment I have a total of $14 in my jars.
Viewing the 'Money Out' Category
2 cans chickpeas $2
I find I am saving more money using cash. I like having stacks of $20 bills in my envelopes and don't want to spend them.
Now that it is lighter longer I have started going to early morning meditation again. Afterwards the center gives us breakfast, so I just had marmelade on toast.
In: found 20 cents
bread roll 69 cents
left in my cash envelopes:
change dish $4.30
mta vouchers $30
bus card $20.03
peanut butter $2.19
pasta 75 cents
I ordered a copy of The Total Money Makeover for ds' Christmas present. $33.08 including shipping from the US. I am hoping it will inspire him to pay off his student loan. I don't agree with all Dave Ramsey's opinions, but ds is a radio buff so if he listens to the show the Debt Free Screams might encourage him to believe he can do it.
The Pet Rescue charity shop had wool for sale at $1 a ball. I restrained myself and only bought 6 balls.
With putting in little bits of money here and there, I now have $103.40 in my Trans Siberian fund. I keep thinking I should put it toward my EF, but I also want to save to reward myself for meeting my goals.
The thrift store had some foam rubber play mats so I grabbed them to use as blocking mats. Price $2.50 which is really good when the cost of them new is $30.
In: found 10 cents
Out: 5kg rice $6.70
1.5kg flour $1.80
One third of the challenge done. I bought a ring at the thrift store for $6. I didn't need it but it is pretty and I'll get years of wear from it.
I borrowed Jesse Mecham's You Need a Budget book from the library and had a look at the tutorial for the program. It seems a bit daunting, I think it would work well for accounting nerds and spreadsheet geeks. My finances are quite simple so the free EveryDollar and the cash envelopes work well for me. The app doesn't work in this country so no point paying for it.
I did like the idea of aging your money, building up cash reserves so you're not spending this month's paycheck this month. This is actually what I have been doing in my bill paying account. I did a quick calculation and realised I have enough in there to pay the bills for 3 months if the money stopped coming in. So I transferred the excess $181 to the EF, which is is there for disasters like the house burning down.
Payday. I stocked up on oats, $5.10, and potatoes, $7 for 10kg, as they were on sale. I also paid the Regional Council rates, $141.60.
I went to Pak n Save to buy a few things, but it took me ages because they have reorganised the layout and gotten rid of some lines. In the end I bought:
soy milk 3.90
peanut butter 2.19
On the way back I paased Toffs which was having a $2 an item sale. I didn't go in to see what they had. As a very successful businessman in our church is fond of saying, it's not a bargain at any price if you don't need it.
I bought another $6 bag of produce at the All Saints co-op: chard, carrots, a leek, apples oranges and kiwifruit.
bread roll 70 cents
I am not very sucessful at the one spend day a week. I find it too tiring to do all my errands and shopping on the same day. Today I bought a top in the Orphans Aid charity shop for $3.50. Since I didn't really need it I put an equal amount in my Trans Siberian money tin. I now have $72.30 in there. All those small amounts add up.
pasta 70 cents
My travel account had built up more than $5,000 so I transferred $300 to the EF. I now have over $3,000.
left in my cash envelopes:
change dish 70 cents
mta vouchers $50
bus pass $21.95
A fine sunny day, so I line dried the laundry. Then I went for a walk and on the way bought myself a packet of chips. What I gain on the swings I lose on the roundabouts. I shall have to tighten the purse strings to save for Christmas. I am actually thinking I will be buying gifts in India and giving them when I get back.
I looked at my watch this morning and thought it said 8.45. I hurriedly caught the bus, looked at my watch again, and found I was in town an hour early. I couldn't think of anything better to do than have a coffee in a breakfast cafe. Not only did it cost $3.50, because I haven't drank coffee in ages, it tasted disgusting.
It's true: you can get used to anything, including eating the same thing every day. I have been eating pumpkin for the last week and I'm still enjoying it.
Bought 2 bread rolls $1.38, and 6 brown bananas $1.74.
So I'm walking past the bakery and my debit card jumped out of my wallet, ran inside and came back out with a slice of lolly cake. So of course I had to eat it.
I have to start leaving my debit card at home and changing my walk home so I don't go past the bakery.
And every time I blow my budget put an equal amount into savings.
I paid my quarterly rates (council property tax) $492.32. Almost 6 months of food budget. Costs me more to keep a roof over my head than it does to eat.
Today in my $6 produce bag I got: 2 apples, 2 kiwis, 2 oranges, 1 head broccoli, 2 large carrots, half a pumpkin and 4 onions. Not sure what I'll do with the onions, maybe give them to Food Share and ask the people at All Saints if they could leave them out in future.
It is kind of fun not knowing what I'll get in my bag but it does make meal planning a little tricky sometimes. I'll do it a while before I decide whether I prefer choosing for myself.
I also bought bananas, bread and peanut butter at New World $5.20. I am limited to the same dozen or so cheap items but that's ok as it's the food I grew up on and I like it.
I decided to cap my House maintenance fund at $2,800 so was able to transfer $100 to my EF.
Bought a loaf of bread $1.
Today I bought a circular needle, $7, and a ball of yarn, $3.90, in order to complete a project. I'm not kicking myself over it as I've only bought 5 balls so far this year. I unsubscribed from some websites as they send me emails about what's on sale and I want to buy. One of my favorite lines is being discontinued and I want to stock up all the lovely stuff on clearance. I keep telling myself there will be more lovely yarns when I'm ready to buy again.
Ugh, after 3 months spending only cash from my budgeted $20 for food, today I impulse whipped out the debit card and spent $3 on raspberry slice. Not a good purchase as it was terribly sweet and made me feel sick. I usually feel that way after eating sugar and try to avoid it, but sometimes I binge. I think I'm addicted as I feel better without it. Never mind, it could have been the $112 shawl kit I've been drooling over. I'll take the $3 out of this week's food money and put it in the Trans Siberian fund.
I took $3.10 from my change dish and bought 2 Turkish rolls and 6 brown spotted bananas for lunch because I couldn't be bothered cooking.
Spend day. I went to lunch with a friend, $6.60 from my misc envelopes. It is going down quite rapidly so will have to put the brakes on spending. I will need a new pair of shoes soon so will have to save for those.
I went to All Saints for more fruit and vege. I got half a cabbage, half a cauliflower, carrots, yams, apples, kiwifruit and oranges. Pretty good for $6.
Missed a few days for website maintenance, but all I have done moneywise is put another $20 on my bus card.
Tonight I went to a soup and poetry night nite and spent $4 ON BREAD ROLLS. love 'em. I could eat them all nite with pumpkin soup.
I withdrew my weekly $60 today and then I spent from the misc at the thrift store $5 on 2 skirts, 20 cents on a knitting pattern and $3 on a Greek-English lexicon. I did a course on New Testament Greek some years ago and am getting rusty. Time to ward off dementia by keeping the brain cells active.
I spent another $18 on trash saks (ok, that's more than $20 from misc this week). We have to buy the ones the city council puts out and they keep getting more expensive. User pays. When I was living alone I didn't use many but now ds is back he can really churn out the rubbish. Here's me trying to leave a clean planet to future generations and him what inherits it is messing it up.
I decided to buy my fruit and veggies from the All Saints co-op. Saves having to go to 3 different shops to get the best price and as the produce is fresh from the market the quality is better. They do a bag for a single person for $3, but I find it doesn't contain enough veggies for me, so I went with the $6 bag. I think it's easier to budget when I know I'll be spending the same amount every week.
Bought peanut butter $2.29 and pasta 79 cents. Neither was on sale but I needed them. Otherwise a quiet day at home knitting a scarf with some of the fun fur I got given. I'm not enjoying the yarn and think I'll on donate the rest to the thrift store. Someone will like it.
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