K, after doing some major number crunching, I figured out that hubby and I will each get paid 17 more times this year (we're each paid weekly). With two different banks, and four accounts (two checking, two savings), I've designated how much money will go into each bank each week, and what that money will go towards.
Each week, $350 will be transfered to a separate account from my husband's paycheck. This will cover all our household bills each week ($230), as well as $120 to go towards credit card debt. From my paychecks, $360 will be transferred into another account to go towards our car payment, house/emergency funds, and credit cards. This still leaves plenty of extra money for things that will come up each month, such as gas and groceries. Hubby does a lot of driving for his work, so we tend to spend quite a bit in gas, but we luck out because I work from home!
There may be another added expense coming up: hospital bills from the birth of our dear daughter. Insurance is still working out the kinks, but as of right now it looks as though we are going to owe about $800.
Then there is Christmas. I have a huge family, and hubby and I have always given gifts to everyone. We would like to cut back this year... which is going to be hard for me... I have no idea what I'll get, but we'll see. My goal is to start shopping a little bit now for people, and maybe spend no more than $20 bucks a person. If I start early, then maybe it won't hit so hard come December :o)
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