Last week, I posted my New Year's resolutions on here. My first financial resolution was to get $1500 into our savings account. We are working hard on getting to this point so that we can begin to pay off our credit cards. My husband really wanted m
e to start paying off the credit cards right away, but I explained to him that I didn't think that was a great idea. Even financial gurus like Dave Ramsey tell you to save $1000 emergency fund before paying off credit. If something happens (for instance we need to buy a new tire, etc) and we don't have the emergency fund we would end up using a credit card. I finally convinced him that this was the way we should go.
It is my goal this year to post the amount I transfer to savings each week. I will also be posting my weekly meal plans (on Mondays) and how much I spend on groceries each week. Once I have my emergency fund fully funded I will post how much I send to credit cards and how much is left.
It is my goal this year to post the amount I transfer to savings each week. I will also be posting my weekly meal plans (on Mondays) and how much I spend on groceries each week. Once I have my emergency fund fully funded I will post how much I send to credit cards and how much is left.
This Week's Totals (1/7 to 1/13)
Weekly Amount sent to savings: $550.00
Total Amount in Savings: $558.51
Weekly Amount spent for groceries: $19.73 / $75.00
Weekly Amount spent for groceries: $19.73 / $75.00
(hubby went to Wegmans this a.m. - bought a newspaper, 3 gallons milk, pound of deli turkey, 3 loaves of white bread and 3 loaves of wheat)
Total for Groceries this Month: $59.48/$300.00
Meal Plan expected to be done by tomorrow.
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