Let’s be honest here.  Budgets are not lovely, but they are necessary for the average person.  Thanks to the help of an elder from our church we’re now chugging along.  We are trying to get an emergency fund back up (we ended up needing it and now it’s empty again!) and pay off debts so we can eventually buy a house or property.  After going through our entire budget from before we decided to cut some things out and add some others.  The following is our current monthly budget without our tithe amount included.  I feel that is something that is between us, God, and our church elders (because they need it for the church budget).  If you have questions about tithe feel free to ask and I will answer them best I can or find someone that can.

Household (includes rent and utilities): $785.00

Auto (includes car note, insurance, and gas): $670.00

Debts (includes credit cards and medical bills): $175.00

Groceries: $350.00

Entertainment/Out to Eat: $50.00

Health (includes vitamins, toiletries, and co-pays): $100.00

Mad Money: $100.00 ($50.00 each)

Emergency Fund: $50.00

Clothing: $50.00

Total: $2330.00 + Tithe

Anything income over our budgeted amount we will split 50/50.  Half will go to snowballing debts and the other half to our emergency fund.  Currently we have $1,478.84 worth of debt in medical bills, $2,147.42 worth of debt in credit cards, and owe $8,737.66 on our car.  That’s a total of $12,363.56.  It was close to $20,000 two years ago so at least we’re getting there.  Currently the goal is to have the medical and credit card debts completely paid off in two years minimum.  I am going to try to update here monthly.

How are you doing paying off debts?  Are you using any system?  Please link up your post in a comment if you’d like to share!


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