Budgeting and Rebudgeting

BUDGETING

So First I will tell you how to do this Super Easy Budget form from Joe Sangl. com

follow my link http://nextsteps.iwasbrokenowimnot.com/tools/budgeting-tools/

He has different budgets. I get paid twice a month so I could use the bi-monthly budget but its a lot easier for me to spend the entire budget at one time... so I would recommend the Month budget.

You will have to download this form. You may need Excel, if you don't have it already.

The Top 4 lines is your score board..... kinda like a fun game right?!

Fill in your income

Then spend away with the goal being your income minus outgo being EXACTLY ZERO!

REBUDGETING

Apparently Rebudgeting is not a word haha oh well

I don't think I budgeted for god time , personal time, or for break with the second job. I never really thought through the stress of working that much. Today I'm not feeling so good. The compound stress of all this money talk and no personal time or anything has caused the breakdown today. I faced the hard truth I don't have what it takes to work two jobs. I want to believe I could but the truth is with my stress disorder and obsessive doubting disorder it just is better for my health if I go back to one job.

Today I quit.

..... the job that is.

I just have to re think my plan and re budget my money. I HAVE to sell my car now.

Now just sitting down with my dad (primary on loan) and convincing him that selling the car and financing for the gap is gonna help is the hard part.

Don't get me wrong my dad is my hero but he's from the school that NEW cars are best and that selling the car is a bad idea.... that I should save up and trade in for a brand new vehicle. Which is actually great for someone who doesn't care and has money and the kind of job and credit to do that.... I'm gonna be paying more than I am now. I need relief from a car payment not doubling it.

I'm praying that he understands financing the gap is gonna possibly give me an opportunity to see if I can lower the interest rate on my loan (14.99%) .... I'm hoping to see at least a 2% difference and to make payments less a month . Plus I have an opportunity to drop my coverages on my car to PLPD till I can save about $100.00 a month so I can throw some in savings and the rest at my debt.

I'm also hoping I can come up with $700.00 so I can pay off my favorite stalkers.... my buddies at the student loan corporation so I can start applying for grants and I cringe at these words: more student loans! but with some new wisdom and strategy I will keep the loan at rate that is manageable and I have the goal of that being my ONLY loan/ line of credit when I graduate with a plan to pay them off within 4 years or less.

I have an amazing all-knowing god who knows what I need even if it's not what I think.

Untill next post,

Jenna