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Update on tax bill goal: Payment, less transaction fee

April 15th, 2016 at 08:34 pm

AS let me know she got partial payment ($1984.66) early for a freelance job. She took a credit card payment, so there was a fee, meaning we're getting a bit less than expected. But we're getting it earlier than expected, so that's great!

The payment affects current deficit, while the fee impacts both current and future. What's really cool about this payment is that it possibly eliminates the remaining temporary shortfall in our May budget that would have required a LOC advance. We may get out of this situation not paying a cent of interest to anyone!

AS freelance payment net: $1,290.03
CC fee: -$69.61

Actual deficit: $6,772.60
Projected deficit w/ future money in: None! On paper we have a projected surplus of $1,149.38

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