A Penny Saved

Well, we’ve successfully made it through our second full month of the Total Money Makeover. I say successful because we are making some great strides towards our goal of being debt free (except for a mortgage) and having complete control of our money.

In April, we ended up with a little extra income that we hadn’t expected or budgeted for so we used it to finish off our $1000 emergency fund. So, with that done, we can move on to Baby Step 2 which is the debt snowball and the paying off of all debt except for the mortgage.

May is turning out to be a difficult month for us to try and budget for. I’m leaving for a business conference in New Orleans on the 5th and will get back late on the 10th. We then have to leave the next day for a wedding that is about 400 miles from here. Without knowing exactly what our total expenses will be, it’s hard to budget them in. Of course, we were able to set ceiling amounts and budget with those, but it would be nice to be able to know a more exact number.

So, the extra travel expenses combined with a slightly lower than average income from our online ventures are going to make May an interesting month. I’m sure we’ll get through it, but we’re looking at a tight one.

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