how would you do this budget?

**sahm2boys** · 11-14-2009, 10:40 AM

ok i am playing with the numbers and trying to come up with the best way to do my budget and pay things. i have some different ones laid out but wanted to see if someone else saw something different. Starting with Nov 19th Pay

Please dont say anything cross. im just looking for advice

income

Unemployment $161.00 every wednsday
Weekly Pay check is $758.00 every thursday
$400.00 side job this sunday

Nov Bills Left

Geico $30.00 anytime during the month
Geico $58.00 anytime during the month
Cingular $80.00 by the 27th
St. Marys $25.00 26th Direct Debited
Va power $261.00 PLUS behind $261.00 By he 20th (was considering paying 425.00 this month and the remaining 100.00 by next month)
Doctor $15.00 anytime this month
Doctor $15.00 anytime this month
Verizon Debt $15.00 30th (could be paid in full for $95 by the 30th)
Bankruptcy $530 by the end of the month, 261.00 behind
Comcast $160.00 by the 19th, behind by $160.00

i spend about 20-30.00 a week in gas
and 75-100 in groceries...learning to coupon

Debt i dont expect to be able to pay much in Nov on these

Behind on Rent due to funeral $485.00 2 months to pay
additional Funeral cost 400.00 (was told we could start payments in december)
Personal Property taxes 400.00 due december (making payments of some type???) i dont expect to pay them in full in nov/dec but send good payments
Christmas Layway $261.00 Out by the 17th of december
the va power bill i broke the budget so i will need to consolidate whats owed in to the next 6 months
1988 Speeding ticket and fines $210.00 no specific outline they waited 21 years to notify us a month of two wont hurt them

December List

Rent $885
Truck $445 16th usually 350.00 correcting error
Va Power $270.00 estimated 20th
Furniture $133.00 16th
Comcast $160.00 28th
Geico $30.00 end of the month
Drs. $15
Drs $15
st marys $25 26th
Verizon $15
Water $75
Cingular $150.00 7th but can always get extended to the 25th

Plus the debts listed above

Thanks in advance

**craftypam** · 11-14-2009, 12:02 PM

I am very good at budgeting and you need to cut back on things. My dh has had a seasonal job all of our married life. You need to see if you can get something cheaper to drive until you get out of debt. Get rid of cable until you get out of debt. Cut back your cell phone plans until you get out of debt. Even consider getting pay to go phones. I'm telling you this from experience. If the amount of unemployment and your checks are weekly this is very doable you just have to be willing to cut back on things. I have lived very frugally my whole life and it is so worth it to do without until you can catch up on the bills. Do your utilities allow you to do the budget plan? If so, your bills will be the same every month and easier to budget. No higher bills in the winter. What I have also always done is divide bills in 4. Save each week that amount so you will have enough to pay all bills in full at the end of the month. I used to save homeowners ins that was due yearly; each week. So much easier to budget that way. Hope this helps. If you need more infor just ask.

**sahm2boys** · 11-14-2009, 12:43 PM

thanks
the truck is not worth what we owe and it would be considered a vol repo to return it so no i cant change that

cell phones is under contract..i have tried lowering it
but its hard to get everyone on board with the budgeting ..working on this

everyone makes you do contracts now..so i cant get ride of the cable yet anyways but that does cover cable internet and phone and i cut that back w sending boxes back and cutting special channels off

i think my budget plan with the power company is now broken

**sahm2boys** · 11-14-2009, 12:44 PM

i also sent back the 100.00 a month tv and the
190.00 a month living room sectional and entertainment center..so i have been making changes

**Nishu** · 11-14-2009, 02:12 PM

How many 758 paychecks youhave left for the month?

**ladykemma2** · 11-14-2009, 02:26 PM

what is your line of work?

**craftypam** · 11-14-2009, 03:10 PM

Originally Posted by sahm2boys

thanks
the truck is not worth what we owe and it would be considered a vol repo to return it so no i cant change that

cell phones is under contract..i have tried lowering it
but its hard to get everyone on board with the budgeting ..working on this

everyone makes you do contracts now..so i cant get ride of the cable yet anyways but that does cover cable internet and phone and i cut that back w sending boxes back and cutting special channels off

i think my budget plan with the power company is now broken

Sometimes paying a cancellation fee is cheaper than continuing the plan for the rest of it. Also same thing with the truck. Even if you owe some after selling it; its still not as much as what you are paying now. If you don't want to give up some of the stuff that is causing payments you'll never stop being in the position you are now. I've been married for 34 years and have had 1 new car we paid $4000 for. We haven't had cable for probably 25 years and our cell phones together are $50 a month including taxes.

**Nishu** · 11-14-2009, 03:16 PM

You can't sell a vehicle that you owe money on because the bank holds the title. In order to short sell a vehicle you'd either have to get a loan for the difference or come up with the cash, and I don't see OP being able to do either of those things.

**Thevail** · 11-14-2009, 03:27 PM

This is just my opinion.. this and two bucks will get you a cup of coffee.. all opinions expressed are personal and... blah blah.. all standard disclaimers apply..

Given that you'll have income for the rest of November of $2238..

I'd pay:
A) 485 x 2 = 970 for the rent.. caught up
You gotta live somewhere

B) 261 X 2 = 522 VA Power.. caught up
Too late in the year to live without it.

C) 30+58 = 88 Geico.. if your insurance lapses, it costs more when you re-instate it AND the bank can take back any vehical that has a loan for that reason.

E) 80 to Cingular.. I feel your pain with the stupid contract! But you need a way to talk to people so..

D) 400 property taxes.. do not ever screw with your taxes.. just don't!

That will cost 2060 of the 2238, which should just about leave you with enough for gas and food.

Since you won't be behind on your rent, or your power bill, or your taxes in December theoretically you should be able to pay your bills then, although if you could get another side job that would obviously help out with clearing some of the debt.

**craftypam** · 11-14-2009, 06:10 PM

Originally Posted by Nishu

You can't sell a vehicle that you owe money on because the bank holds the title. In order to short sell a vehicle you'd either have to get a loan for the difference or come up with the cash, and I don't see OP being able to do either of those things.

If you trade it in for a less expensive vehicle you can sometimes addd to that loan. My ds did it.

Totally good ideas thevail!!!!!!!!!!

**Greebo** · 11-15-2009, 09:36 AM

Originally Posted by craftypam

If you trade it in for a less expensive vehicle you can sometimes addd to that loan. My ds did it.

Totally good ideas thevail!!!!!!!!!!

Trade in will get you a lot less $ than sale to private party.

I didn't see food anywhere in the budget - but I only skimmed it - short on time this morning.

**sahm2boys** · 11-15-2009, 09:59 AM

Originally Posted by Nishu

How many 758 paychecks youhave left for the month?

19 th 26th

**sahm2boys** · 11-15-2009, 10:00 AM

Originally Posted by ladykemma2

what is your line of work?

secretial/receptionist/ accounts receivables, purchasing agent...i did all of this at my last job..

i am sending my resume out all week long and i havent had any request for an interview since i got laid off in april

**sahm2boys** · 11-15-2009, 10:02 AM

Originally Posted by Thevail

This is just my opinion.. this and two bucks will get you a cup of coffee.. all opinions expressed are personal and... blah blah.. all standard disclaimers apply..

Given that you'll have income for the rest of November of $2238..

I'd pay:
A) 485 x 2 = 970 for the rent.. caught up
You gotta live somewhere

B) 261 X 2 = 522 VA Power.. caught up
Too late in the year to live without it.

C) 30+58 = 88 Geico.. if your insurance lapses, it costs more when you re-instate it AND the bank can take back any vehical that has a loan for that reason.

E) 80 to Cingular.. I feel your pain with the stupid contract! But you need a way to talk to people so..

D) 400 property taxes.. do not ever screw with your taxes.. just don't!

That will cost 2060 of the 2238, which should just about leave you with enough for gas and food.

Since you won't be behind on your rent, or your power bill, or your taxes in December theoretically you should be able to pay your bills then, although if you could get another side job that would obviously help out with clearing some of the debt.

Thank you
1. we only need to pay the 485.00 rent one time but we have 2 month to pay..split the payments

Thanks for the help

**sahm2boys** · 11-15-2009, 10:06 AM

Originally Posted by craftypam

If you trade it in for a less expensive vehicle you can sometimes addd to that loan. My ds did it.

Totally good ideas thevail!!!!!!!!!!

we just dont have any credit
we are in the bankruptcy and had to go to a buy here pay here

my truck was finially paid for and as soon as we got the title the dang thing died...wasnt old either was a 1998 we got it started one morning drove around from dealer to dealer and someone took it and gave us 2000.00 down plus i had another 1000.00 but its high when no credit check but it was for 3 years and we are already down to 2 and the payment is typically 350.00