Well another no money day for Tuesday and tomorrow is the refill day so we will be able to carry over $394 for the next week. It's a good thing to see us building the weekly budget up by not spending the money. Our son has to get his haircut tomorrow so we will be spending some on that and the wife will do her weekly grocery shopping so we'll chop a chunk of the funds down but at least it's not frivilous!
Also, we found out our tax return will be $5000 so we're happy to get that. We had to claim $42k of corporate income on our taxes (thanks to being in an s-corp wifey!) but the company is paying what we owe plus what we should've gotten back if we didn't have to claim the additional income so we'll end up paying the IRS the money that we owe based on the total income and get to put what we would've gotten as a refund right in the checking account. The one good thing is we'll get the money immediately instead of waiting for the IRS so we should have it tomorrow or Thursday.
On a sad note my best friend's father is dying from cancer and is now on oxygen in the hospital. He has a lymph node in his lung that is blocking his airflow so it's not looking good. I have to fly to Chicago on Friday or Saturday and help him and his sister out with everything. I have a free flight on United so I'm going to use that (hooray for frequent flyer miles). It's a sad thing but we'll get through it.
No money day and tax return
March 27th, 2007 at 06:25 pm
March 28th, 2007 at 12:46 am 1175042818
On a happier note, I'm really enjoying reading about your family's $300 weekly spending accounts. I think we're going to start doing this in April as well. I've gotten lazy and just take money out when I want/need something!
March 28th, 2007 at 02:39 am 1175049586
We too are involved in an S corp. DH uses a United card to purchase all supplies at the business and we have flown round trip to NC twice, and have enough miles for two more trips. We also have used miles for 5 round trip tickets to Las Vegas in 2005 and our YD's trip to NC twice t osee her fiance/now husband and a couple of times to San Diego, yippee for miles!
I too am enjoyig your adventures in budgeting!
March 28th, 2007 at 02:57 pm 1175093833
Thanks homebody! Good to see there are more of the S-corp people around! Yes I am a fan of miles...one of the few good things a credit card has done for me (thanks United/Chase!)