without going into detail about our finances, i'm going to tell you a little about our finances.
B has a regular paycheck that gets automatically deposited into our checking twice a month.
i do not.
as a photographer, i get paid when i go on shoots or when someone books a session.
this is irregular income and something we can never really count on as part of a budget.
we did a dave ramsey financial peace course with our old small group a couple years ago and we've been a little slow on the "putting what we learned into practice."
but we're getting there.
B is an accounting major and has an MBA. math is like, his passion or something. i think that's just gross.
i majored in one of the only things i could find that had little-to-no math involved.
so for the duration of our marriage he has, by default, been in charge of our finances. he paid the bills, he told me to stop shopping at target, etc.
this stressed him out. he didn't like seeing where we were at each month and often, before we went to bed at night, he would lay 2-3 bills on my desk and ask me to pay them the next day.
about a month ago i decided to take over the finances. also because i like to referred to as the CFO.
i started paying the bills because i had more time in the day to do it.
i reconciled the checkbook (yes, we're grandparents and still write checks for bills and keep a register in our checkbook. i'm a paper and pen kind of CFO. don't try to tell me different)
B's paycheck is primarily used for the bills+mortgage. leaving my photographing income as kind of our "extra."
so everytime i get a check, i cash it.
then i distribute the cash money into our envelopes (enter: dave ramsey)
you guys, i LOVE paying with cash. it's so freeing and i just love when the cashier at target asks if i would be interested in signing up for a red card and i can say "no thanks! we use cash."
i don't spend as much and i love seeing how much we're saving.
i know, i know. this is no revolutionary idea. dave has been preaching about cash envelopes for years. but like i said, we slow.
i LOVE that i can take cash out and go christmas shopping this year. no stress when the credit card bill comes!
we're going out for B's birthday next week so i decided that was envelope worthy. if we can pay cash for it, it gets an envelope.
some of those are empty right now, like home improvements and savings because we're focusing on immediate needs, such as christmas and new tires. those are things we HAVE to pay for in the next couple months. i also pay cash for groceries but tend to keep that money in my wallet.
sorry this is not an earth-shattering revolutionary post. i just wanted to encourage any of you that, like us, know about the idea of cash envelopes but haven't started yet.
it really is so much better than swiping. AND i don't waste as much time entering my receipts into the checkbook.
this is the system that works for US. it may not work for you and like i said in my post yesterday, that's ok!