Friday, July 25, 2008

Cash update...con't.

Okay, so I have 6 days left before payday, and $67.00 in my wallet. The jars are empty. The refrigerator is empty. My husband's gas tank is on empty too. Um, oops. I do have $100.00 in my checkbook account (didn't want to use that). It didn't help that there were 18 days in between paychecks and I was unable to fully fund the jars. Still.....I went through $1000.00 in 12 days.

And, to make matters worse I received my gas card bill in the mail. I thought it would say $0. It said $291.00. What????? I was unaware that my gas card bill is a full month behind. These were for charges from June 15 - July 15. I started using cash on July 15. So in essence, I'll be paying nearly $800.00 for gasoline in the month of August, as this bill is due August 8.

I knew there would be a period of adjustment. And, to my credit, having cash has made me more conscientious of how I'm spending it. I drove less (as I see the tank gage go down), I spent less, just bought what I went to the store for...but still I misjudged the grocery budget and forgot expenses like haircuts.

So, I have $67.00. $40 will go in my husband's gas tank. I have $27.00 left for food. Luckily I do have some stuff in the cupboards and freezer. I will have to use the $27.00 for milk, flour and yeast (to make my own bread) and produce. Thursday is a LONG way away...

Wish me luck because I REFUSE to "borrow" from savings....

3 comments:

Francois said...

hehe...

Good luck!! I'm sure you can't wait for payday. :)

Well done for sticking it out!!

Canadian Saver said...

Wow, sounds challenging but you can do it if you want :-) keep us posted on how the rest of the week goes!

Good luck :-)

Foxie said...

Yikes, sounds tough! That's definitely one thing that worries me about a "cash only" system... All the little expenses that crop up that might end up coming from multiple categories.

That and I'm really forgetful about expenses sometimes, and when I've got cash, I can burn through it and don't seem to notice I'm spending. (Since it's already deducted from my checking account balance, it magically seems to not count beyond that point.)

Good luck sticking it out!