2008: Week 4 Forecast (01.20 - 01.27)

Projected Additional Income:

Returns: $11.00

This week's forecast for additional income is rather bleak. Most of the local school districts just finished exams and have off Monday / Tuesday; thus, my tutoring clients have all asked to not have a session this week. Because of this, all of my expenses will have to come out of the 15th's paycheck.

Projected Expenses:

Cable: $48.50

Food: $30.00

Gas: $50.00

Expenses this week should be kept to a minimum. Due to the camping trip this weekend, I doubt I'll make it to the end of the week without needing gas. I think I've got about 65 miles left on this tank which should last to Friday. My fridge needs some restocking but all of the items on my list can be bought at Aldi which will really cut down on the price. As usual, the cable bill will be deducted from my bank account on the 24th.

This week will really determine if I'll be able to snowflake an additional contribution into my savings account at the end of the month.

2008: Week 3 Forecast (01.13 - 01.19)

Projected Income (+ $730)
2nd Income: $130
Bonus: $600

Projected Expenses (- $247.13)
Cellphone Bill: $34.13
Gas: $50
Groceries: $30
Student Loan Payment: $33
Electronics: $100

Net Result: + $482.87

This should be a very good week for my high yield savings account. I'll be getting a nice 'bonus' from work; by bonus, I mean I did a bunch of extra work and they actually decided to pay me My 2nd Income will cover most of the other weekly expenses. I'm also upgrading the RAM on my MacBook. It was cheaper to upgrade if I didn't go through Apple; so now that my bonus has come in, I'll pull the trigger on that purchase.

My extra payment to the holder of my student loans will go to the principal of my unsubsidized portion. I'd like to put more money towards my student loans since my interest rate is higher than that of any interest I'm bringing in. However, trying to increase the emergency fund as well as saving for an eventual down payment are my current priority. Once those accounts reach the appropriate balance, every extra penny will then be funneled into the student loans.