Budget Banter and Nickel News

iVillage Member
Registered: 07-25-2008
Budget Banter and Nickel News
6
Wed, 10-28-2009 - 12:19pm
Have you had any budgeting breakthroughs? Or a crash and burn?
Did you save some nickels this week or did money burn a hole in your pocket? Got any ideas, tips, or whatever to share? Please let us know!!!
We would love to celebrate a victory with you, send you virtual hugs for a flop, or a high five for saving $$$$!

Amanda

iVillage Member
Registered: 12-12-2006
Wed, 10-28-2009 - 5:33pm

My breakthrough – I have gone back to writing checks! I have found with my check card, I was so dependent on most transactions being taken out of my account immediately, that it through me off when one wasn’t. It makes me feel like my money last longer when I am waiting for checks to clear.

"I know God will not give me more than I can handle, I just wish he wouldn't trust me so much!" Mother Theresa

 

iVillage Member
Registered: 12-04-2006
Wed, 10-28-2009 - 6:23pm

I've made the decision to go back to using cash for my groceries and spending money, because I've been finding that I just keep spending with my bank card.
I've done a little fiddling with my budget this week. I've got 6 envelopes for the things that I tend to know that I'll spend money on at some point but don't know how much or how often. My envelopes are for:
Craft - threads, fabrics, kits, patterns, etc - this way I know I have money when I want to pick something up for a new project. I'm using cash - as this will stop me spending too much when I use this one.
Household - things like kitchenware, etc - it would be nice to be able to pick things up for my flat without checking if I have the money in that week's budget. Ill be saving this one in cash too.
Clothing - so that I can actually buy clothing regularly rather than waiting until I absolutely can't wait any longer. Another in cash.
Lush Cosmetics - I use a lot of products from this store, and would like to be able to treat myself to some of their more expensive giftboxes every so often, which is easier with money put aside. In cash again.
Medical - doctors visits, prescriptions, ankle supports, etc - At the present, I just budget for doctors visits and prescriptions the week that I go, which means sometimes I try to put off going to the doctor. I want to be able to just go to the doctor if I need to. This will be being put into the same account that I put the money for the monthly bills into.
Electronics - some of this is wants, although with my PC throwing more and more tantrums, a new computer will soon be a need. This is being saved in my savings account.

For the non-cash envelopes, I'll be putting the evidence of the funds transfer in the envelope.
I do need to come up with a way to save for books, but having a little bit more trouble with that one for two reasons. Many of the books I purchase are purchased online via Amazon because the bookstores here stink, however I do buy some books locally. So I prefer to be able to pay cash when I'm buying from a local bookstore but if I put aside the book buying money in cash, then I have to make a trip to the bank so that I can purchase online. The other issue with buying online particularly from the likes of Amazon is figuring out how much I actually need to put aside because of exchange rates. I'm figuring the best option since I've never seen the exchange rate drop below NZ$1 buying US$0.50, that just doubling the price of the book in US dollars might be the best way to go. At present, I'm still print book reader because we can't get e-book readers locally yet, something to do with DRM (I'm scratching my head over that, because I can still download e-books to my PC.) If anyone has any ideas of how I can handle putting aside the money for books, I would love to hear them.

Lyn

bpeblink.gif picture by beautifulmandaPhotobucket


Lyn

iVillage Member
Registered: 08-04-2008
Wed, 10-28-2009 - 6:57pm

I'm usually on top of things, money-wise, but I had a minor screw-up this week.


I had a $20 bill in my wallet and used it to buy an item for $8. Instead of putting the $11 change in my wallet, I think I just dropped the

Photobucket
iVillage Member
Registered: 03-16-2007
Wed, 10-28-2009 - 9:47pm
It's not you fault Colleen. Pregnancy does very bad things to your memory :)

 

iVillage Member
Registered: 08-04-2008
Thu, 10-29-2009 - 7:54am

Oh, yes. I'm working at half-wattage here. People have been really sweet about understanding that!


Colleen


Pregnancy Ticker



Daisypath Anniversary Years Ticker

Photobucket
iVillage Member
Registered: 10-01-2004
Tue, 11-03-2009 - 11:52pm
crash and burn. we had an unusually high month due to helping some family members with vet assistance on top of a high vet bill for one of our fur critters...
never have run this close to the vest before..truly eeking and a bit panicky though i know I shouldn't be.
I know what to do to start fixing that and how to, I just get nervous until that dd clears sometimes!
anon for this one