August 22: Here We Go
I have finally started filling the envelopes I made. I literally made envelopes, and marked them as:
- The Expenses Fund
- The Tithes Fund
- The Fun/Support Fund
- The Emergency Fund
Per Bo Sanchez, there should actually be 5 envelopes including a Retirement fund envelope, but seeing as how I have to clear out my debts, well, I can't do the retirement fund thing first. So as soon as I clear out my debts, or as soon as I'm down to just one last debt, then I can finally start my Retirement fund. That's projected to happen by the 22nd of October.
So going back, yes I have started my savings fund. It's not a lot although it is more than I expected. I know I'm going to be going into my Fun Fund, but that's what it's there for, and it's a separate account and it's supposed to contain 1250, however, since I don't have change, I'm unable to properly input that exact amount into it.
I guess I have to say I have the exact amount. I had to subtract from my expenses Jon's fare when we met up, and sad to say I didn't give enough budget for whatever fare we're going to be spending. I seriously just put in budget for my expenses for work, but I didn't factor anything in for extras, like what we're planning to do tomorrow. I did factor in money for "fun" so that's for sure. But I have to be careful in spending that fun fund and make sure to put the remaining back.
Anyway, I need to check on some stuff, so I'll be returning back. BRB!
So going back to my investment plan, as I was saying, I need to be careful with the money I spend because I don't want to actually spend everything and not have anything back.
Like I said, it's a very childish, (and this just hit me now) primitive way to be saving money. Actually put them in envelopes (which I had to create from magazine pages because I didn't have funds for envelopes at the time, but at least they're bigger, there's more space, and they're more sturdier and they don't rip as easily) and then just get what I need from there. Well, I don't care. If it's going to make me save, then I'm going for it. Besides, I have my excel sheet. so eventually, I'm going to be able to work off of my excel sheet. I know it's a kiddie way of saving, and to tell you the truth, I feel embarrassed to admit it myself.
But, hey, guess what. It's helping me do the job, and it's helping me properly budget what I need to budget for. And it's helping me do away with my debts. Although I feel like I'm missing someone's debt.
I have to admit, planning the budget for the next cut off can be kind of painful especially if you still have debts. On top of your expenses, you have debts cutting into what could have been your savings. And sometimes, that's the thing that people avoid is having to compute all that stuff.
Nobody wants to admit that they're going to run out of money. Nobody wants to feel like they have to scrimp and save for the next two weeks until payday. But because of all the things you either want to do, or you have to do, you find yourself tied into these expenses of all sorts. A little later on, you find yourself indebted because of it. And then these debts accumulate until you have a debt list to include to your expenses next cut off.
That's what I'm trying to avoid. I'm trying to avoid to shorten my debt list. Why budget it for next pay day, when I haven't even budgeted my actual expenses for next payday??
Get rid of debts as soon as you can.
See, the point is, you're going to pay for it eventually, and no matter where you budget it whether it's going to be paid for by your next paycheck, or by the paycheck after next, you're still going to pay for it. So you might as well do it now. Don't think of INSTANT GRATIFICATION, happiness now. Prioritizing Instant gratification makes your bills pile high until there are three months' worth of bills sitting on your desk. It makes your debts to people get longer, and creates discord between you and the person you owe.
So if you want to avoid all that, and basically make things and make life easier for you, why not just pay the debt and get it over with?
One thing I appreciate about myself: I want to live an easy life. I will find ways to make sure life is easy-peasy for me and that there are no complications whatsoever because complications will and will arise, whether you plan for them or not. Most especially when you don't plan for them. There will always be a complication.
The secret recipe to getting started on an uncomplicated life?
DO YOURSELF A FAVOR. AVOID COMPLICATION. PAY YOUR DEBTS WHEN YOU CAN, AND WHEN YOU NEED TO. GET OUT OF THEM ASAP. DON'T CREATE ANYMORE DEBTS.
Well, that would have to be it for now. I'm pretty zonked and it's pretty late. I still got stuff to do.
So anyway, this is just a follow up of the stuff I've been doing. I'm sure to track my progress here, and I hope I'm able to just backtrack through my blog and remember why I'm doing this. By the way, I don't have a millionaire's mindset just yet. I better make sure I have a Millionaire's Mindset already!
This for now, more for later!
-Apol
So going back, yes I have started my savings fund. It's not a lot although it is more than I expected. I know I'm going to be going into my Fun Fund, but that's what it's there for, and it's a separate account and it's supposed to contain 1250, however, since I don't have change, I'm unable to properly input that exact amount into it.
I guess I have to say I have the exact amount. I had to subtract from my expenses Jon's fare when we met up, and sad to say I didn't give enough budget for whatever fare we're going to be spending. I seriously just put in budget for my expenses for work, but I didn't factor anything in for extras, like what we're planning to do tomorrow. I did factor in money for "fun" so that's for sure. But I have to be careful in spending that fun fund and make sure to put the remaining back.
Anyway, I need to check on some stuff, so I'll be returning back. BRB!
Later, 10:03 PM:
Well the reason I had to head out was because to start with, I was having a little trouble trying to post to Blogger. It wouldn't show the page for the blog! Well, I was doing a little research. I found out that I can blog two ways. Well, two of 8 ways I think. The first of course is by e-mail. I don't know how I forgot that one, but I know I set my email up so that it shows up in my other blog as a draft. The other on is through MS Word, and there's a third actually. You can go through Google Drive and create a Google Doc which would then allow you to post to your blog. So I did a little research, and finally found on MS Word how to connect your blog to it. But I'm feeling the reason that I might be unable to connect the damn thing is because the license on my MS Word has already expired. So I think that's the primary reason it won't connect. Other than that, the connection to the Internet from my computer is pretty decent. I'm currently downloading a movie, and I feel I might as well download The Conjuring which is supposed to be this really freaky movie. But that has nothing to do with my Investment Plan! So let's go back to that!
So going back to my investment plan, as I was saying, I need to be careful with the money I spend because I don't want to actually spend everything and not have anything back.
Like I said, it's a very childish, (and this just hit me now) primitive way to be saving money. Actually put them in envelopes (which I had to create from magazine pages because I didn't have funds for envelopes at the time, but at least they're bigger, there's more space, and they're more sturdier and they don't rip as easily) and then just get what I need from there. Well, I don't care. If it's going to make me save, then I'm going for it. Besides, I have my excel sheet. so eventually, I'm going to be able to work off of my excel sheet. I know it's a kiddie way of saving, and to tell you the truth, I feel embarrassed to admit it myself.
But, hey, guess what. It's helping me do the job, and it's helping me properly budget what I need to budget for. And it's helping me do away with my debts. Although I feel like I'm missing someone's debt.
I have to admit, planning the budget for the next cut off can be kind of painful especially if you still have debts. On top of your expenses, you have debts cutting into what could have been your savings. And sometimes, that's the thing that people avoid is having to compute all that stuff.
Nobody wants to admit that they're going to run out of money. Nobody wants to feel like they have to scrimp and save for the next two weeks until payday. But because of all the things you either want to do, or you have to do, you find yourself tied into these expenses of all sorts. A little later on, you find yourself indebted because of it. And then these debts accumulate until you have a debt list to include to your expenses next cut off.
That's what I'm trying to avoid. I'm trying to avoid to shorten my debt list. Why budget it for next pay day, when I haven't even budgeted my actual expenses for next payday??
Get rid of debts as soon as you can.
See, the point is, you're going to pay for it eventually, and no matter where you budget it whether it's going to be paid for by your next paycheck, or by the paycheck after next, you're still going to pay for it. So you might as well do it now. Don't think of INSTANT GRATIFICATION, happiness now. Prioritizing Instant gratification makes your bills pile high until there are three months' worth of bills sitting on your desk. It makes your debts to people get longer, and creates discord between you and the person you owe.
So if you want to avoid all that, and basically make things and make life easier for you, why not just pay the debt and get it over with?
One thing I appreciate about myself: I want to live an easy life. I will find ways to make sure life is easy-peasy for me and that there are no complications whatsoever because complications will and will arise, whether you plan for them or not. Most especially when you don't plan for them. There will always be a complication.
The secret recipe to getting started on an uncomplicated life?
DO YOURSELF A FAVOR. AVOID COMPLICATION. PAY YOUR DEBTS WHEN YOU CAN, AND WHEN YOU NEED TO. GET OUT OF THEM ASAP. DON'T CREATE ANYMORE DEBTS.
Well, that would have to be it for now. I'm pretty zonked and it's pretty late. I still got stuff to do.
So anyway, this is just a follow up of the stuff I've been doing. I'm sure to track my progress here, and I hope I'm able to just backtrack through my blog and remember why I'm doing this. By the way, I don't have a millionaire's mindset just yet. I better make sure I have a Millionaire's Mindset already!
This for now, more for later!
-Apol
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