In Parts I and II I discussed the "mess" and how I'm trying to turn it around before I have to live on off-brand cat food in retirement. I'm now in my second pay period of making the turn-around. Here's the update on how I'm doing:
- Again checked my bank balance on payday, but haven't got the pay stub printed yet.
- Made a list of my bills to be paid out of this check and paid them ON TIME and most are up-to-date.
- Continued using my spending chart to keep track of where it all goes. I am on-track to have a complete picture of my spending on the last day of this month! That's HUGE!
- Forgot one automatic payment and incurred $33 fee for a bounced check and ate up my savings paying the bill. Still, it's called an "Emergency Fund" for a reason. Bill has now been added to the list and, for the time being, removed from auto pay.
- Didn't get to add money from coupons to savings due to bounced check, but have kept a tally.
- My planned "found money" had to cover gas due to the bounced check.
- One big help has been FINALLY having a debit card for my flex account. No more tapping savings to go to the doctor in an emergency and no more waiting for reimbursement checks to arrive.
- For March 1 (just in time for my "maturing" 50th birthday on which I will become wise and make all great money decisions....hahahahah) I will have a realistic budget based on February's spending.
- Need to file my taxes this week to have the money for B's car in April. Wish I could add that $ to retirement, but there is no public transportation and nowhere to walk to where we live and so I am giving her a used car so she can have transportation to a job, activities, etc.
- Have to shop for driving school & insurance for B.
- My goal is to replace the savings I lost + what I planned to put in to be back to my intended February savings total + "extra."