Checking In With My Savings Plan: February 2017 Edition

Wait, are we almost halfway through March now?

In February, I received $5,555.07 in freelance earnings. Here’s what I put in my sub-savings accounts:

Taxes got 25 percent, or $1,388.77.

Savings got 10 percent, or $555.51.

That left $3,610.79 for my checking account. This should be more than enough for me to live comfortably, except I was still running a slight cash flow deficit from January and I was preparing for a vacation in March.

Which is the long way of saying that I spent all of the money in my checking account again, and I haven’t paid back what I borrowed against my savings—more specifically, I paid back the $1,000 I borrowed from my savings account in January but not the $1,000 I borrowed in February or the $1,000 I put in as safekeeping at the beginning of March—but all of this should sort itself out by the end of this month.

Essentially, I’m going to get a lot of checks in March, and I should be able to pay myself back and pay all of my bills and have enough left over. (I say this assuming nothing unexpected will happen, but we’re almost halfway through March right now, so I’m hopeful.)

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