I'm so dang excited!

iVillage Member
Registered: 10-14-2003
I'm so dang excited!
6
Wed, 02-01-2006 - 3:49pm

My husband emailed me this morning with his totals for his checks (they can see them on the computer before they direct deposit) He had a good month in January and got an awesome commission bonus...

So I just sat and looked at the budget and the plans and these are the plans:

1. Fully fund Emergency fund $1000

2. Pay off his Honda $1230.63

3. Start the baby fund $363.30

4. Get a Freezer $200.00

5. Pay off our gas bill that our landlord was "unknowingly" paying for us so he back billed us $200.00

6. Pay off Brandon's oral surgery bill $248.00

7. Set aside $100 for when I go on his business trip next week with him... he will be reimbursed gas and mileage, and his meals and hotel will be paid for so me and Lainey will be out of pocket for dinners... I'm taking some foods to use for lunches since we will have a suite and the breakfasts are included. ;)

8. The balance of Lainey's birthday party $100...

9. And we both get $170 play money.... to last until next commission check...

Before we have always "planned" his commission checks but splurged and then didn't have much left over to pay things off I'm soooo dang excited!

~Stephanie

iVillage Member
Registered: 01-25-2006
Wed, 02-01-2006 - 4:25pm

Wow, Stephanie! That is some bonus! Looks like a great balanced plan that takes care of business and let's you all live a little too!

Peg

Avatar for cl_phocid
iVillage Member
Registered: 03-26-2003
Wed, 02-01-2006 - 4:43pm
Stephanie - a couple of suggestions for dinners, etc on the business expenses.

All my best,
Danni

iVillage Member
Registered: 10-14-2003
Wed, 02-01-2006 - 5:07pm

Thanks! We are going to try to do that... We will be leaving Monday night and back Wednesday... It is cushioned a bit for a splurge at our favorite resturaunt that isn't here where I live :) I'm still going to try to spend as little as possible :)

I'll post how I do when I get back :)

Stephanie

Avatar for endomagazine
iVillage Member
Registered: 11-09-2004
Thu, 02-02-2006 - 10:22am

Hello Stephanie,

You are definitely a woman with a plan! Good job setting aside money for all of your needs, sending some to pay off debt and some just for fun! You won't feel deprived if you have fun money, and it's nice to see those "paid off" statements, isn't it? Keep up the good work!

Soon you'll be snowballing those "paid off" debt minimums to your next target debt right?

Sincerely,
Lindsey Schocke

Sincerely,
Lindsey Schocke

Geeks on Tap: Mission Accomplished

iVillage Member
Registered: 07-11-2001
Thu, 02-02-2006 - 11:38am
That must just feel wonderful. Congrats to you!
iVillage Member
Registered: 10-14-2003
Thu, 02-02-2006 - 1:18pm

Of course! Now I can't wait until March 2nd for another commission check!

~Stephanie