I made the decision to use YNAB the way it was intended/recommended by living on last month's salary. I could never actually figure out a way to fund it since our existence is in all reality very paycheck-to-paycheck. I earmarked one month of living expenses from the tax refund to start it, and March's paychecks will be lived on in April.
It's interesting because I'm not "having to rob Peter to pay Paul." I paid an additional $18.50 on the mortgage to bring the balance owed to an even $218,475. All of the utilities for the month are paid. I used the FSA Debit Card to cover this month's medical/prescription costs.
DH's bonus is being deposited on Friday. With those funds we are installing a new front and back door at the rental property, having new garage door installed, and are attempting to reglaze the bathtub with the assistance of our handy man friend. I'm not sure the actual cost of those.
We are going to also to get two new tires and an alignment on our old '07 Dodge Caravan, this has been upgraded with an '07 Honda Odyssey from my parents. Also from this will be license plates renewal for the Dodge and my husband's Corvette. that will be $202.
I am almost officially done with my first half a professional certificate. I'm completing the final paper for the third class (I did receive two A's on two 2-hour graduate seminars). My motivation and enthusiasm are at a good level and I'm feeling proficient (it was a rough haul there with some of the weeks of being with nearing graduation MBA students and I'm a fledgeling).
So, hopefully the trajectory continues upwards in a positive direction!
YNAB One Week In
March 6th, 2018 at 03:32 pm