Question

I've been binge watching Kumiko's videos. She shows real numbers, but even her actual look like estimates. How does she record her numbers? For example, cell bill estimate $120, actual $118. 24. How does she record that? Just wondering. Does she put the estimates in her expense trackers? Thanks.  

Answer 1

The estimates are at the beginning of the paycheck. The actuals are recorded when she knows them and are on the expense tracker. For budgeting purposes I budget $150 for electric, but it varies. When paying and recording, I do the actual amount. The difference just carries over to the next month. That's why a buffer is important.  

Comments

@doxology, thank you. I can never tell from the videos how it's recorded.  

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@attah7228 it took me a little tome to figure it out

Answer 2

The actual numbers are in the expense trackers . The difference between actual and the estimates would just be added to her checking cushion

Answer 3

Estimate is what you "budget" then whatever it is, it the actual amount. I mean I feel like I always "budget" more than less. I budget 200 for the utilities but they are usually no higher than 132 then I have that extra money for next month or to put in a sinking fund of my choice.  

Answer 4

I always budget on the safe side. I only have two bills that vary each month. Cable/internet (because it's inevitable we end up renting a movie or two) and power. I base my budget on the highest amount from the previous year, and if the actual bill is less, the 'overage' gets rolled to savings.  

Answer 5

She rounds everything up I believe because she said she saves all the change I think she puts it at the end of the year in her sons college account