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Getting My Financial Act Together

November 7th, 2017 at 11:16 am

Now that I have started subbing, I can finally get my act together financially. Of course my income will still fluctuate, but I have more income overall. I based the budget on my regular bills and taxes. I did not include savings. I need $2100 to pay my bills and taxes (They take taxes for subbing, but I am an IC for all my other jobs). Beyond that, I am splitting the excess between an EF, an overhead account (for any additional taxes and summer when I am not subbing) and my IRA.

I figure my average income will be about $2800. This is low for my age and education. The long-term plan is to get certified in MI and obtain a full time position by next fall.

On a side note, I will get health insurance through the subbing agency (kicks in Jan. 1). It isn't wonderful, but it's something. It is also over three hundred dollars a month cheaper than anything I would get through the ACA. I will pay $110 a month for mostly preventative care coverage (part of the $2100 budget). I do have critical care insurance for $50 k as well I purchased on my own. I dropped the dental I had on my own. I am going to use the dental program at the community college. Cleanings and xrays are $25 total. Major work is $65. The subbing agency offers a 401 k, but there is no match. I am going to stick with my IRA.

October Mystery Shopping Income

November 1st, 2014 at 11:29 am

It was lower than anticipated. I have three payments that were expected by the 31st that haven't rolled in yet (probably in today or Monday's mail). The grand total is $752.77.