So I do what I call my ‘Accounts’ spreadsheet for each month from payday to payday. This is where I keep track of the money coming in versus the money that goes out.
Here is what March looked like
Wages = £1206.26
Birthday Money = £100
Leftover Food budget money = £1.13
Excess money from bills = £15.80
Savings = £20
Interest on savings = £0.03 (can I retire now?)
TOTAL = £1343.22
Bills = £1166.26
Expenses in February after February Payday = £1.10
Expenses in March before Payday = £154.70
TOTAL = £1322.06
DIFFERENCE = £21.16
So I was in profit in the last payday month by just over £20 which is great, and I know where that money is unlike the last two months where I was apparently in profit by lots of wonga with no clue as to where that money was.
I have been in profit every month of this year so far so that is a good sign.
Trouble is I was doing similar last year before I entered the summer of the great unemployment, and I am heading that way now.
I will survive, one way or another, just don’t use credit to pay for things.