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Pre-Payday = Budget day

February 14th, 2015 at 05:49 am

Payday. . . . . . Nearly. Family Banker hat on.
We get paid on the 28th-31st of each month.
However income invoices are confirmed on the 13th-15th of each month. So we know 2 weeks before hand what we going to be paid at the end. This is when I do my initial budgeting.
As I mentioned earlier my costs for March are going to be around double what they normally should be($2500.00 normally). Which is of course disappointing, but it is a onetime cost, so I will suck it up and pay.

Income can vary up to a couple hundred dollars each way from the quote to payday because of currency exchange fluctuations over the two weeks. At the moment with strong US dollar we make out like bandits on the exchange.
And March for me is a 5 week month. Not on the calendar but just the way we get paid internationally it's a 5 week month for expenses and what not, starting 2.25.15 - 3.31.15
February 28th Net income $30 100.00.

Monthly Expenses as follows:
Rent $ 835.00
Food $ 1000.00
Gas $ 250.00
Gym $ 81.80
Clothes $ 173.81
Shipping $ 2350.00
Wife Bday $ 180.00
Valentines meal $ 116.92
February Savings $ 25 192.47

Total savings for February 28th = $ 116 128.62

Would have been nice to put the extra $2500.00 into savings but my wife constantly reminds me not to be cheap and should live a little. And she is right. She after all makes the money.

We went out for our family valentine's restaurant meal today and it was great. Kids had a huge meal and were so stuffed they just came home and watched harry potter.
My wife Bday is the 13th and she insists she only wants to buy a slew of her favourite books so she can see the Savings grow.
I had a nice watch picked out, she admires my own 1963 bulova space view watch, and I had found a great one for $2200.00 but she wants to hold off and get it for xmas if we hit our savings goal for the year.

Have begun to teach my wife day trading. We shorted a couple small trades and in the half hour we set aside to teach her we made $60.47 on Facebook's fluctuations with a $9900.00 position for 10 minutes.
She gets the Idea behind it.


-Bye

5 Responses to “Pre-Payday = Budget day”

  1. VS_ozgirl Says:

    Decisive Paradox I know all about family banker hat, I have to do the same this week Smile

  2. DecisiveParadox Says:

    Its a tough hat, should make an error you will be lynched and fed left overs for a month. Succeed and nobody notices.
    Its a dangerous life the family banker. Fickle is your favour and harsh is your jury.
    that's why I always tuck side enough for a few take outs. when I feel the mob getting unruly at budget restrictions, I throw a ride to maccas in to buy me favour in the household senate.

  3. DecisiveParadox Says:

    "hey you cant have shoes this month but how about a cheese burger ?"

  4. VS_ozgirl Says:

    Haha I guess generosity on a small scale is better than none at all!

  5. DecisiveParadox Says:

    Bread and Circuses

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