Mad Hen's To the Penny, Every Penny, Full Disclosure in December Thread

**madhen** · 11-30-2008, 08:20 PM

Just starting this thread as a way to keep myself "honest" about my spending in December 2008. I would like to try to track all my expenses, and I find myself not doing so when I put it on paper. Since I'm on this site every day, where better to jot it all down?

Feel free to make yourselves accountable, as well, or to ignore this thread, because it is going to be pretty boring.

**Wendy99** · 12-01-2008, 02:14 PM

Not boring at all, I think it's great to see people getting back on track!! Sounds like a good way to be accountable

**madhen** · 12-02-2008, 01:24 AM

December 1 - no money spent!! (Good start!)

**freebs** · 12-02-2008, 07:38 AM

Dec 1st i paid bills that are due for this week and next week!

**madhen** · 12-02-2008, 09:36 AM

Paid $350 to the HELOC.

**DaisySue** · 12-02-2008, 05:20 PM

I see the term HELOC used all the time, and forgive my ignorance, lol, I do not have a clue what it is???????

**tervsforme** · 12-02-2008, 05:48 PM

HELOC = Home Equity Line Of Credit

**freebs** · 12-02-2008, 05:53 PM

Bought markdown milk and veggies at the store for a total of $10~

**madhen** · 12-02-2008, 05:56 PM

Dec 2 - Arghh. Went to a meeting and ended up getting sucked into going to lunch. $12.72 down the drain for a not very good shrimp fajita lunch.

**madhen** · 12-02-2008, 05:58 PM

Originally Posted by DaisySue

I see the term HELOC used all the time, and forgive my ignorance, lol, I do not have a clue what it is???????

Basically, a second mortgage.

It is a line of credit extended to you based, in part, on how much equity you have in your home. Good thing is that the interest rate is typically pretty low and tax-deductible. Bad thing is that you are using your house as collateral.

**madhen** · 12-03-2008, 10:15 PM

Dec 2 - mortgage payment: $2,000 and gas/electric bill: $200.53

**madhen** · 12-03-2008, 10:19 PM

Dec 3 - no money spent!

**madhen** · 12-04-2008, 10:31 PM

Dec 4 - $87.75 to cc - FINAL PAYMENT ON THIS CARD!! Woo hoo!! (This is a card that I THOUGHT was paid off, but got a surprise statement that even though I paid the full balance on the last statement last month, prior to the due date, I hd accrued a finance charge/interest fee of $87.75. This should put an end to them, though.)

**amlitrocks** · 12-05-2008, 02:31 PM

Dec. 5th-
I am refunding an emergency fund and my goal is to buy as little as possible after dipping into the fund. It was better than buying with debt, but I am still not happy. Today I spent $5.26 on breakfast. I didn't realize we were out of milk and didn't have time to make it. Being 8 months pregnant, I couldn't just skip it.

Bought diet cola at Sams and an educational workbook at Sams for $18.00. Not great but could have been a lot worse.