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Day 145

October 19th, 2018 at 01:11 am

found $2

doctor $25
brunch with friend $7.90

I realised that if I put all $20 per week of my misc money into the T Harv Eker jars, I can do it with the suggested percentages. It makes sense to try the system the reccommended way when it works for a millionaire, before trying it my own less successful way.

So the reccommended percentages are:
Necessities 55%
Financial Freedom 10%
Long tern Savings for Spending 10%
Education 10%
Play 10%
Give 5%

Day 144

October 18th, 2018 at 01:09 am

And the trip to India is on. Cost $2,800.

Day 143

October 17th, 2018 at 01:19 am

In $289.13

flour $1.59
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
Play 10%
Give 5%

At the moment I have a total of $14 in my jars.

Day 142

October 16th, 2018 at 01:17 am

2 cans chickpeas $2
trashsaks $17

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.

Day 141

October 15th, 2018 at 01:22 am

I spring cleaned my closet and took 2 bags of clothes I haven't worn in 18 months to the Sallies. I shall have to prevent myself from buying more to fill up the spaces in my closet.

Day 140 - 32 weeks to go

October 14th, 2018 at 01:07 am

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

bananas $2.11
bread roll 69 cents
coffee $2

left in my cash envelopes:
food $12
misc $110
medical $320
change dish $4.30
mta vouchers $30
bus card $20.03

Day 139

October 13th, 2018 at 01:19 am

I still have not heard whether the trip to India is on in December. One of the leaders is very ill and the other is 104 so it may be postponed until new leadership is decided. It's ok by me if it doesn't happen till next year, as I should finish my EF by the end of next year.

Day 138

October 12th, 2018 at 12:59 am

I am getting used to spending very little money; in fact I get a kick out of not spending, knowing every dollar saved brings me nearer to my goals.

Day 137

October 11th, 2018 at 01:21 am

Found 50 cents.

Day 136

October 10th, 2018 at 05:42 pm

I have just under 5 years to save in my Kiwisaver until retirement. I have been putting in $10 a week since my last job, today I increased it to $20 to take advantage of the tax incentive.

Day 135

October 9th, 2018 at 01:16 am

My unit is on a cross lease, i.e. I own the building and am responsible for my own insurance and repairs, but all the unit owners are equally responsible for section costs such as hedge trimming and paving the driveway.

Today I got back to find the arborist felling a tree. I don't know who called him and whether I am going to be sent a share of the bill. I don't really mind the tree going as it was dying and getting dangerous, plus with it gone more light comes in my kitchen, but I wish it had been discussed beforehad so I can prepare financially.

Day 134

October 8th, 2018 at 07:22 pm

peanut butter $2.19
sultanas $1.79
pasta 75 cents
lentils $2.15

Day 133 - 33 weeks to go

October 7th, 2018 at 01:01 am

left in my cash envelopes:
food $10
misc $110
medical $300
change dish $3.30
mta vouchers $40
bus card $20.03

Day 132

October 6th, 2018 at 01:06 am

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.

Day 131

October 5th, 2018 at 01:08 am

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.

Day 130

October 4th, 2018 at 01:44 am

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.

Day 129

October 3rd, 2018 at 01:08 am

Payday. Today is the last payment of the electricity supplement, so a total of $286.69. I am capping my house maintenace account at $2,800 and my travel fund at $5,000, so was able to transfer $100 from each account to my EF.

Day 128

October 2nd, 2018 at 01:02 am

In: found 10 cents

Out: 5kg rice $6.70
1.5kg flour $1.80

Day 127

October 1st, 2018 at 01:04 am

$3.27 interest credited to my EF for September. I'll take it.

I used the last of the aduki beans and nutritional yeast. I'm trying to use all the dried beans before I buy anny more cans.

Day 126 - 34 weeks to go

September 30th, 2018 at 01:09 am

left in my cash envelopes:
food $5
misc $105
medical $295
change dish $2.80
mta vouchers $40
bus pass $20.03

Day 125

September 29th, 2018 at 02:29 am

I received notification I have been given a $630 rebate on my property taxes. I will have to pay the full quarterly amount in December, but I will only owe around $300 for the last 6 months of the year.

Day 124

September 28th, 2018 at 02:10 am

I had $405 left in checking so transferred $300 to the EF. Over a third of the way to my goal.

Day 123 - 8 months to go

September 27th, 2018 at 02:39 am

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.

Day 122

September 26th, 2018 at 02:12 am

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.

Day 121

September 25th, 2018 at 02:20 am

I like to make frequent contributions to my goals, even if they are small. If a week goes by without some progress I get twitchy. Today I found a dime to put to my Trans Siberian fund; I now have $87.

Also I was walking back home when I passed a house with a box of food at the gate marked FREE. I took a can each of green peas, pineapple and pasta sauce.

Day 120

September 24th, 2018 at 02:37 am

Winter is having a last little kick so I stayed home and binge watched Dave Ramsey on Youtube. I recommend the debt free screams for anyone who's trying to pay off loans. They made me all tingly and I've been debt free for 15 years. I'm not so impressed by the ones who pay off a huge amount on a big income, but every so often you get a single mom on a low income who's paid off her house.

One thing bugs me, when Dave tells people they should fix their mortgage interest rate, where are you going to find a lender stupid enough to fix for 15 years at these low rates? In this country you can only get 3 years fixed, at a higher rate, and there are heavy penalties for paying it off early.

Day 119 - 35 weeks to go

September 23rd, 2018 at 02:14 am

Now it is getting lighter early in the morning I have started going to meditation again. After they provide us with breakfast. I just had a couple slices of toast with peanut butter.

Left in my cash envelopes:
food $6
misc $106
medical $275
change dish $1.20
mta vouchers $40
bus pass $20.03

Day 118

September 22nd, 2018 at 02:13 am

stayed at home and did the laundry so a no spend day

Day 117

September 21st, 2018 at 02:13 am

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:
bread 4.00
soy milk 3.90
peanut butter 2.19
sultanas 1.79
pasta .70
hummus 2.69

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.

Day 116

September 20th, 2018 at 04:01 am

I bought another $6 bag of produce at the All Saints co-op: chard, carrots, a leek, apples oranges and kiwifruit.

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