Another GREAT question from a reader:
Why don’t you consider the $10.48 as an expense? (From the summary of my Shopping trip last Wednesday) It’s money you wont see again and you did spend it? I’m trying to figure out a realistic budget for my family and this would help me out.
Occasionally, I will buy a $15 GC with my five $2 items to make my $25 threshold for the coupon doubling to be engaged. Five $1 coupons would be doubled, resulting in FREE food along with that $15 Gift Card.
That $15 came out of my $100 monthly total and has to be accounted for as it is now $15 less than I had in my monthly envelope of $100.
You will see me use that $15 Gift Card in the following transactions, to pay for my purchases, but I won’t deduct it two times.
There are bloggers out there that NEVER count that Gift Card purchase in their totals — and, if they are buying them, they should. Those gift cards are like the cereal deal milk and egg vouchers: It’s deduction is accounted for on the NEXT visit.
That particular money came off a $20 gift card that I didn’t buy – I won it off someone’s blog! So it won’t be in my monthly totals
I hope that answers things for you clearly.