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03 April 2013

Trials and Tribulations: About my Money Anxiety

On the 25th of every month, my salary is credited into my bank account. The minute I receive notification that the funds have been received, I go to the ATM to withdraw Emily’s salary and just over $700 for Alison’s Math and Chinese tuition fees. Then I go to the nearest AXS machine and pay off my credit card bill in full – I have two cards but only use one for all monthly expenses. My income tax and maid levy are deducted from the account sometime during the month, and whatever’s left (not very much) is whatever I have to spend on myself and on the family’s meals when we buy food from the nearby tze char stall or hawker centre. I keep track of what I spend with an iPhone budgeting app.

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