Tuesday, March 31, 2009
Friday, March 27, 2009
Thursday, March 19, 2009
Wednesday, March 18, 2009
So here's where my money went in comparison to the budget I set out two weeks ago:
Monday, March 16, 2009
Thursday, March 12, 2009
Monday, March 9, 2009
Here's all the vital information I received:
- I will be paid as usual for the next three pay periods. The third pay period should also contain 5 days of lag pay.
- Sometime in May I will receive a pay-out for my unused Vacation Time, currently at 57.5 hours.
- I can expect a weekly payment of $430 for up to 33 weeks due to an increase in the benefits being paid out and an extension on the time limit for unemployment courtesy of the federal government.
- I am covered under the health plan until April 29, 2010! All I gotta do is pay a $48/month premium. A little more if I wanna keep my dental benefits.
I realized after I posted the Revamped Emergency Budget that I only listed my fixed expenses and that was confusing. So here is my new and improved (by two hours) Emergency Budget:
Unemployment = $1720
Health Insurance - 48
Dental - 28
Housing - 300
Student Loans - 446
Cellular - 60
Collections - 385
Groceries - 100
Misc. - 285
Not looking too bad. Of course this doesn't take into account saving money for tax time. Not sure what I'll do about that. I know there's an option to have it removed automatically from your weekly benefits.
Anyway, I hope I don't have to resort to this budget but at least it's not as bad as I feared.
- My friends in the know think I may possibly get a better job because of my experience and connections.
- I may have to interview for and defend my capacity for my current job.
- I will be out on the street in the world's worst job market.
So that's what's happening today on this snowy miserable Monday. The benefit representatives are coming in later this afternoon to answer questions. Stay tuned for more information and cross your fingers for me.
Wednesday, March 4, 2009
So here's where my money will be going for the next two weeks:
Starting Balance = $1146
Emergency Fund - 50
Friend C - 60
Credit Card - 100
Aunt Sallie Mae - 406
Defaulted Student Loan - 260
Nice Collection Agency - 125
Groceries - 50
Misc. - 95
I sent off $100 to my credit card today. I only owe $45 now! I was going to pay the whole balance but I wanted to wait a few days and figure out what my expenses really were for the next two weeks and where my priorities should be.
I am finally going to pay back my friend. It's kind of a weird situation and I know I should have done it sooner.
In the meantime, I have a question for my readers....when I do pay off my entire credit card balance - hopefully soon - do you think they will contact me about increasing my line of credit? Or should I ask them to? Or at least lower my rates? I've had a shady history with them but have been diligently paying at least the minimum for the last 8 months and more than the minimum for the last four months. Any advice would be appreciated. I'm not a fan of credit cards but having this one open is pretty much the only means I have of increasing my credit score.
With that in mind I have been working hard to pay off all my short term debt so I could move out of my apartment and greatly reduce my monthly expenses.
Here's how the budget went for the last two weeks compared to the budget I set. I got a tax refund of $141 so I had a little more money to work with than I expected.
Rent - 725/725
Sprint - 60/59
Utilities - 150/133
School Loan - 54/54
Groceries - 50/0?
Clothes - 50/40
Overdue Water - 0/100
Misc. - 51/90
My spending was a little sketchy since we were out of town for a weeklong mini-crisis. I spent a bunch on take out and lunches while my fiance was out of town as well. No biggie but I gotta remember to get a bunch of groceries before he goes away next time since shopping can be a pain without a car.
My water debt is at a big fat zero now, yay!
Monday, March 2, 2009
He kicked in $100 and I paid the remaining $100 so I am now water debt free!
I'm happy to be one step closer to getting rid of my apartment. My parents - who orginally weren't too crazy about premartial cohabitation - even told me to hurry up and get outta my expensive lease.
My overdue utilities are so close to being paid off as well - only $80 left on the payment agreement! In fact, now is a good time to review all of my "short term debt" that I've been working on since establishing the blog in May '08.
Friend A - $200 - paid in full on May 12, 2008
"Boyfriend" - I still owe him (now my fiance) about $300 and he's been lenient on repayment terms but still wants his money back eventually. He says paying him back will keep me honest. Do you agree readers?
Friend C - $60 - I finally got her address and will be sending her the money I owe her in the next pay period. I know this debt bothers a lot of my readers - and me too.
Overdue Utilities - according to my payment agreement I only have about $80 left. Will knock this out in the next pay period and perhaps with my fiance's assistance.
Mom Debt - $100 paid off in August.
So that's all for now. I wish I had more news on my job situation but everything is still up in the air. Stay tuned for wedding planning news!