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Posts tagged with: tracking spending and income

Hope’s Anticipate Income and Spending – August 31-Sept 6

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You can see last week’s anticipate spending and income here. This is week three of this type of reporting.

These are my anticipate income and spending numbers for this coming week:

Anticipated Spending - Week of 8/31

DescriptionAnticipatedActual
Income *after taxes$1235
Gymnastics($100)
Rent($650)
Reimburse Grandmama($16)
Life Insurance *quarterly payment($67)
Utilities - Gas, Water & Trash($92)
Utilities - Electric($170)
Gas($40)
History Buff *loan replayment$50
Cost of Girdle for football

Total$150

I don’t think much of this needs explanation but maybe a few do:

  1. The income is monies due this week from various client. I can’t predict when clients pay, but this is anticipated receipt days. This number is after taxes.
  2. My life insurance is a quarterly payment. I switched from annual to quarterly last December due to budget constraints and fear of losing my job. I may return to annual payments this year, but have not decided.
  3. The gymnastics payment is iffy right now. If Gymnast decides to pursue football, I will not have to pay for the month of September.
  4. I loaned History Buff this money last week, he will be paying me back. There is lots of back story to this that is his story and not mine to share. Please do not presume anything, he is doing well and getting back on the right track. (And it looks like he will be moving home in a couple of months as he works to tie up lose ends in Virginia.)
  5. My grandmother gave me $16 to purchase a chiffon scarf for her, she then had me return it. This is the refund for the money she originally gave me.
  6. Gymnast will make a decision on football over the weekend. If he decides to continue, I must purchase him a Girdle…I have no idea what to expect cost wise but am going to look this evening at a larger sports store.

I have pulled all “business” line items out per a BAD reader suggestion.

In good news, I picked up another long term, part time client starting next week – woohoo!


Hope’s Actual Spending – Week of Aug 17-23

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I’m still trying to figure out how to do my anticipated/budgeted spending and income each week versus my reality. But for now, I’ll just split it into two posts.

I posted my anticipated income and spending for the week of August 17th here. And many suggested posted what actually happened.

I am pleased to announce, I was pretty spot on with a few exceptions:

  • Volleyball games ended up costing me $20 – Gymnast went with me to one game and there were 3 games that week instead of 2.
  • CS – I ended up making $175 instead of $150.
  • NH – paid me a deposit of $300 for the work I was completing, and will pay the remainder after work is complete.

I predicted all these costs and income numbers pretty spot on. But there were costs I did not predict:

  • Eating out – $22 (2 meals) This has been an issue with all the sports travel for volleyball and needing to pick Sea Cadet up from his school at 10:30pm at night. We were starving! Thankfully, him having his own car now will help cut down if not eliminate this challenge.
  • Light bulbs – $15 (the two light bulbs over our kitchen stove went out and I need that light when cooking)

I’ll still looking at how I can do this better. Communicate better. Your suggestions are appreciated.