Do you know how much money actually flows into your life on a daily, weekly or monthly basis? Recently I started watching a YouTube channel, Enjoying Life’s Journey, specifically for her weekly budgeting videos. I often pick up one or two golden nuggets from these types of videos, and this one was no exception. What struck me about this particular channel and her budgeting videos (and there are a ton of them out there) is the fact that Jackie tracks every last penny that comes in and out of her life. I mean every penny.
This past month, I decided to create my own excel spreadsheet and track every penny that came in and went out. I thought I was already doing this, but it appears I’ve been letting money slip out of our budget, especially if it makes its way to me in cash. In the past, I only budgeted the incoming paychecks. I was shocked to see what actually came in, and what I was able to keep.
Here is the extra money that came in May, 2019:
- Interest in Ally Bank: $10.59
- Sold items: $275.00 (Facebook Marketplace)
- Cell phone reimbursement from my husband’s firm: $60.00 (2 mos).
- Chase Cash Back rewards: $117.50
- Ebates: $37.50 (If you are an online shopper, this is amazing. If you click on the link and sign up, we both get $25.00. This is REAL money. It took me a long time to sign up, but over the past 6 mos I’ve received $97 back.)
- Medical Reimbursement check: $23.25
- Anniversary gift from my incredibly generous parents: $500.00
Total ‘extra’ money for May: $1,023.84!!!
Normally, I wouldn’t track it and somehow it would be gone. This month every last penny went into my savings account.
Keeping track of every penny allowed me to save an extra $1,000+. I realize not every month will be as lucrative as this month, but I’m sure there will be something every month, and I will be tracking it going forward.
How much money is flowing into your life?
*Ebates is an affiliate link, and is the only affiliate link in this post. Please know that I will never have an affiliate link that I don’t use or 100% endorse.