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Thread: New Budget Success
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06-21-2011, 12:13 PM #1
New Budget Success
So, I decided to set a goal of having X amount of money in the bank in 3 months.
My current budget has all of my expenses listed and I spend whatever is left over on Groceries, Gas and folding money. My new budget I have let everything the same except limited these to a total of $60.00 a week. I haven't felt deprived at all. I shop wisely and before I decide to go out to eat, I go over what is in the fridge/pantry and will any of this satisfy my craving.
I have been on this budget for 3 weeks and already seeing a good amount of money in the bank. I am just amazed that it is working so well, so fast. I actually ended up with $115 more than I was supposed to have! (Some bills were less than budgeted)
Just wanted to share my joy!total debt: $23977.09 updated 04/02/11
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06-21-2011, 12:38 PM #2
Joseph, you're off to a great start and seems like you'll be able to stick with it w/o feeling deprived. Your story is motivating
2012: The Year Of The Purge!
UPDATED: MAY 15/12
2012 FLING - 673/2012 | COUPON SAVINGS $178.93
EMERGENCY FUND #2 - $510.78 | VACATION FUND - $513.58 | CHANGE JAR $222.51
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06-21-2011, 12:56 PM #3Moderator
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That is excellent! It's amazing how fast money can grow when it is nurtured.
The Free Spirit Saver who walks the path with Greebo.
Onboard with a modified Dave Ramsey Plan
Budget: "Every month! On paper, on purpose!"
Gardening somewhere between Zone 6b and 7a.
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06-21-2011, 03:55 PM #4
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06-21-2011, 03:59 PM #5
That is great josh. I am determined to get more savings so have been very spending wisely. This week when I went grocery shopping I ended up not buying two items and using quarters to purchase the manager's special steaks that were on sale. Manager's specials are basically the only way I buy meat. Felt great walking out of the store with steaks and on budget. Can't even remember what the two items were that I did not purchase!
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06-21-2011, 04:19 PM #6
That's terrific!! Great job.
~ Michelle
Wife to DH--
Mom to DS--
and DD--
Avatar picture--Taken at Comanche Lookout Park, San Antonio,Tx. April,2010
Mortgage -- $53,077.24
March Emergency Fund Challenge-- $100 /$200
----------------------
"The time to save is now. When a dog gets a bone, he doesn't go out and make a down payment on a bigger bone. He buries the one he's got." --Will Rogers
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06-21-2011, 04:57 PM #7
WTG!!!!! That's how it starts...you see the extra funds in your account and it keeps you going.
On Baby Step # 6
Principal amount oweing $74,408

Living like no one else,so later we can live like no one else.
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06-21-2011, 06:25 PM #8LDR
, 2 DD (one left the nest, one rarely home) More pets than money. More love than sense.
"If you can't see the light at the end of the tunnel, march down there and light it yourself."
Full-time job
Car loan and personal loan
Challenges for 2012:
2012 Grocery Budget Reduction Challenge- $100 a month. (down from $150) Hm, might be too low.
Electric Usage Challenge (doing well, under $70 most months)
Yah, I suck at this money stuff, I know. That's why I'm here.
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06-21-2011, 06:28 PM #9Registered User
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That's wonderful! Keep on building that fund!
Dh Bob
FIL 
DS (21) at Lakehead U - go Thunderwolves!

www.ouroldhomestead.blogspot.com
2012 Exercise Challenge - 5,358 min
2012 Water Challenge - 7,330 oz
May No Spend Days - 0 /20
Wasted money - May total - $0
2012 Change Jar - $ 37.20
No Eat Out - 114 /365
2012 Reading Challenge - 3 /12
2012 Home Project - May - 4 totes 0 /4, organizing laundry room
20 Wishes Challenge - 3/20
12,400 /36,500 squats
2012 Coupon Challenge - $416.06
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06-22-2011, 07:48 AM #10
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06-22-2011, 09:52 AM #11
Its amazing what you can get away with not buying
when you don't have the money....I am trying to teach the family that if we can get by without it when we dont have money than we don't need it when we have money....LONG LONG ROAD but we will get there... I need to start putting the money away when they ask for something and i say we can either buy or put the money away for a rainy day...i think that might motivate them...
Thanks!
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06-22-2011, 09:58 AM #12LDR
, 2 DD (one left the nest, one rarely home) More pets than money. More love than sense.
"If you can't see the light at the end of the tunnel, march down there and light it yourself."
Full-time job
Car loan and personal loan
Challenges for 2012:
2012 Grocery Budget Reduction Challenge- $100 a month. (down from $150) Hm, might be too low.
Electric Usage Challenge (doing well, under $70 most months)
Yah, I suck at this money stuff, I know. That's why I'm here.
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06-22-2011, 10:35 AM #13
That's AWESOME Joseph! I always love to hear your stories (like growing up), or the recipes you share. You have great frugal sense.
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"Whoever said you can't buy happiness forgot about little puppies." -- Gene Hill
"A woman's heart should be so hidden in God that a man has to seek Him just to find her."
— Maya Angelou
"God has the right, and does not require my permission, to rearrange my life to achieve His purposes."– Anonymous
Live in harmony with each other. Don't be too proud to enjoy the company of ordinary people. And don't think you know it all!
~ Romans 12:16, NLT
The art of being wise is knowing what to overlook.
William James
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06-22-2011, 11:02 AM #14
Great job!!!!
~July 19 saving goal for event $104/$1000

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06-22-2011, 11:05 AM #15
I need help deciding on the prepay!
opps meant to start a thread!
~July 19 saving goal for event $104/$1000

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