Updated Numbers for May

If you’ll take a look over at the sidebar, you’ll see I updated my debts for May. Overall not a bad month, although there was a $400 splurge on a new iPod touch when I got the new job at the end of April. I know, I know, I shouldn’t have done that, but I got a good deal and I just couldn’t resist. This will be my only splurge this year, promise.

Overall my Debt Snowball worked quite well for May. I paid the minimums on all of them except for the credit card at the top of the list, and I was able to put an extra $78.83 towards it, so I’m pleased. I also just felt like it was a more productive month financially simply because I had a bit of a buffer in my chequing account. Of course I wasn’t spending the money there, but just seeing it in my account was nice. In fact, that buffer was already spoken for in my budget, but wasn’t going to be spent until the end of the month, so it sat there in my account until this weekend. Sometimes it’s just nice to see the extra numbers when I logged into my account, you know?

I’ve also started writing a note to myself with each pay day, so that I know what the money is going towards. A friend of mine does that with her pay stub, writing the bills she’ll be paying with it on the papers, however I absolutely despise pay stubs because nobody ever does anything with them anymore. I find them to be such a waste of paper it’s ridiculous. So I clip a note to the calendar that just above my computer, and I find it more useful. At any rate it doesn’t really matter, does it? As long as I’m aware of what things I’m paying with each paycheque, that’s the main thing.