I'm about to start dancing again and am working with my accountant on my finances. I was in a car accident and couldn't work for a while so for quite a few recent years I haven't had enough income- as in over two grand for the year- to pay taxes.
I'm want to be super careful with my finances right now and have told my accountant (I'm currently 1099'd on my day job). Being 'super careful' for me means keeping track of everything. (Which is why I like reading the software thread!)
Anyway, I've added up everything I've made since starting my reg job (not hard as it's a steady paycheck with an odd commision here and there), and minused what I currently have saved. Lucky me, I've managed to save 23% between my new IRA (roth and SEP) and bank balance. And this is after a vacation of thousands of dollars (Greece and Turkey for two weeks).
Then I minused out big purchases (such as the vacation) that I could remember. Which is basically anything over $300 at a time. I'm left with a figure that totals 17% of what I've made.
That's pretty scary to me. I can't account for almost as much money as I've been able to save!! Now, my co pays for all my lunches and even din once or twice a week. So I'm sure I still spend more than a hundred a week on food, though that's what I integrated into my figures for food. It's so scary that all my CVS (can anyone walk in there and not spend a min of 50-80 bucks each time??), and dog food, taxi rides, and other misc small purchases can make such an impact.
Anyone have motivation tips on not spending frivilously? I'm not feeling too horrible, as I am saving something, but it's obviously not what I'm capable of saving out of my current salary.
Once I start dancing again the end of the month, I'm planning on invensting all the dance money left after taxes. My current salary is enough to live on. So at that time, my savings percentage should increase a lot.
But what for now?? How do I stop the small charges??
I realize that it's not so much advice I need vx encouragment. This post is simply a reflection of my current financial life. But still... it feels goo to get the concerns out there.



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). So I went to Whole Foods after work and bought all the groceries for din. Without a list. I just unpacked at home and realized that I really didn't need about $25 bucks worth of the $65 total.
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