Since tracking and reporting worked so well for getting us out of consumer/education debt and other financial goals, I've decided to track paying for our giant tax bill.
I have two sets of calculations: What the current budget deficit is as a result of the tax bill, and what the estimated future debt bill is based on jobs AS has already secured and is just waiting payment on. I'll track both because one is the actual deficit, but the other shows me how close we are to eliminating the deficit. Sometimes we'll have to use AS's checks for something else, but if I see how close we are, it'll help motivate me to NOT use her checks as much.
I guess I'll try to post every time one or both of these numbers change. They have already changed a bit because AS booked another small ($50) job, plus the tax guy let me know his bill will be $775, not $700 as I estimated.
Here's where we stand right now.
Actual deficit: $10,263.22
Projected deficit w/ AS future income: $979.11
Tracking a new goal: Funding the tax bill
March 31st, 2016 at 04:00 pm
March 31st, 2016 at 11:12 pm 1459465952
April 2nd, 2016 at 07:19 pm 1459624763