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Archive for December, 2019

5th Wheel Loan Payment #7

December 3rd, 2019 at 06:36 pm

or payment #2 since refinance.

The regularly scheduled payment of $407.58 happened today. It had been 6 days since the last payment, so 6 days of interest came to $32.60, leaving $374.98 to go towards principal.

If I never pay another extra cent, the last payment will happen on 3/3/31. The total interest paid will be $13,735.76, a savings of $14,118.80 from the originally scheduled interest of $27,854.56.

I am including a snip of my spreadsheet here, since it is not showing up in "My Pages".


New Budget Spreadsheet

December 2nd, 2019 at 02:07 am

Here is a new spreadsheet I have been working on. As you can see, it is a bit more detailed than the one I have used in the past. It is basically showing a summary of every transaction in my checking account for the month of November 2019.

So it begins with an area labeled "Income" and colored yellow. "Income" is a bit too narrow, as it also includes money transferred in from other accounts, and the beginning balance of my checking account, labeled "Buffer".

The second area is labeled "Cash" and is colored green. This is the cash I withdraw on paydays.

The third area is labeled "Fixed Expenses", is colored purple, and includes the monthly bills I am currently paying.



The fourth area is labeled "Sinking Funds" and is pinkish-red. This shows the money being tucked away into sinking funds. The area extends to the right to show a summary of the transactions in the particular sinking fund and its balance.

The fifth area labeled "Other" and colored blue is for transactions not included elsewhere. The yellow line on the bottom is a grand total.



And then the last section labeled "Checking" and colored green is the amount I need to leave in checking at the end of the month. Everything left in checking above that amount can be thrown at my current goal, which at this time is debt.



I'm liking this spreadsheet. It is pulling all of my current, relevant info together in one place.