Weekly Paycheck Goals: August 24

 I can’t believe it’s almost the end of August already! Classes start tomorrow, so I’ll be a bit busy this week. I’m excited about a few of my classes. I feel my finance class will benefit me personally and this blog. I’ll include formulas and shortcuts to typical situations.

Here’s this week’s budget for my paycheck:

Paycheck: $280.65

Here’s my budget for it:

Joint: $160

Gasoline: $50

Savings: $20

Net Income: $50.65

Next week, I’m anticipating a higher paycheck due to working extra hours. All the extra pay will go towards my emergency fund at ING Direct.  After getting my emergency fund up, I’ll put the extra $80-100/month towards paying the principal in my car loan. I’m hoping to pay that as soon as I can. As you know car depreciate and I’m at the point where the principal on the loan is equal to the Kelly Blue Book value( a difference of $50 in my favor technically).  

Well, that’s the plan. Let’s see if I stick with it.

• Budget Case: Full-time Student Working Part-Time   I’m continuing on the Rich College Student Series. After yesterday’s post, Jorge made a valid observation:Under ideal circumstances (you do get financial aid as in Part 1), this is a very smart idea. My opinion, however, is that it’s too much of an ideal situation. Quite a few college......
• May 2008: Progress Update Photo Credit: ivanx A new month means an update of the progress we've made on my goals so far this year. I'm hoping that by sharing it, it holds me accountable. Let me first review my goals for this year: Income: I would like to earn $37,000 for the......

• College Football Bowl Winners - Recap [/caption] Conference Bowl Records Conference W-L Games Pct. Mountain West 4-0 5 1.000 Independents 1-0 1 1.000 Sun Belt 1-0 2 1.000 Big 10 3-2 7 .600 Big 12 3-2 8 .600 ACC 3-3 7 .500 Big East 2-2 6 .500 SEC 3-3 10 .500 CUSA 2-3 6 .400 WAC......
• Stepping into Better Money Management Managing money well is a challenge for a large percentage of the population.  It doesn't seem to matter if you make a small paycheck each week or if you gross millions of dollars annually - effective money management is not something most people know intuitively.  Our schools rarely teach money......