March Finance Talk

February went really well! It feels so good to make our money work for us. We stayed on budget and had some leftover from a few categories. The leftover was rolled over to March.

Our snowball goal for February was $1379. We were planning on putting it all to debt, but we have changed our financial plans. I will explain in a moment.
We were able to have $1694.36 towards snowballing. We also had a couple hundred in our Health Savings Account (HSA) that we used and had a dental bill come up that we needed to pay.

February
*Dental Bill: $197.80 PAID OFF
*Hospital Bill: $819 PAID OFF
*Emergency Savings: $1000
TOTAL: $2016.80

We have decided to save up the snowball instead of using it towards debt. This is so that DH can switch jobs in the near future. We would like for him to get his LPN licence back and get a job nursing. Working at the factory is great for now, but will not work out long-term for our family. Plus, we are worried about the stability.
After DH gets a new job nursing we will put everything in the baby Emergency Fund towards debt (above $1000).

March goals:
Snowball: $2200 ---towards savings

We are very happy that we were able to sign up for health insurance benefits through DH's new job at the factory. We will be saving about $200 per month on premiums PLUS we now have dental insurance. We have a few people with bad teeth, so this will end up being a good savings, too.

The bad thing that we have learned about the factory job is that if they are running ahead of schedule DH will only work 4 days a week. This has happened a couple times and another time he only worked half a shift. So, we may not be bringing in the income we anticipated.

How does your March look?