Today I worked on my budget for April. Since I started a new job just a bit over a month ago and make half the money I was originally making, I am still trying to get used to managing my money. The good thing is that the bills haven’t changed, just the income I have to work with.
I did have a pleasant surprise today when I found an extra $80. I decided to take my own advice and re-evaluate my gasoline money. Since we started putting our gas on our debit card, I was able to look back through the month and calculate how much money we spent on gas. I took that amount and multiplied it by 12 months and divided it by 52 weeks so I could figure a weekly budget (I break everything down per month, then by week so I can see exactly when I have to pay my bills). Here are my actual figures for March:
$430.05 x 12 months = $5,166.00 divided by 52 weeks = $99.24 p/week for gas. I then round that up to the nearest $5.00 (in this case, that would be $100.00 p/wk)
I had been budgeting $510 p/month for gas, so now I have managed to free up $80!
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