Step 3 · See where it goes
Charts
Pocket is $326.00 under the floor. Leftover goes there. No extras.
Income vs bills · next 6 months
■ Income (paychecks × take-home) · ■ Bills (scheduled minimums)
Bills by category / mo
- Installments$165.00
- Insurance$120.00
- Buy now, pay later$110.00
- Student loans$64.00
- Credit cards$60.00
- Subscriptions$57.00
Pocket vs buffers
Now $650.00. Floor $976.00. Two-month $1,952.
Pile, six months
Minimums shrink it by about $222.58 a month after interest. One extra payment ($80.00) is the orange line.
Six months of cash
Interest and parked minimums do not shrink the attack pile. Principal does.
- Bills $576.00 / mo
- Food + gas $400.00 / mo
- All-in $976.00 / mo
- Interest ~$112.42 / mo
Color key
- Red. Due this week, or a card. Pay the minimum. Extras last.
- Orange. Quick kills. Small balances you chose to wipe.
- Yellow. First extras. Biggest payment goes first.
- Green. Must-pay bills. The pocket covers these if debit is short.
- Grey. Parked or ignored. Show the minimum. No extras.