My wife and I recently got new cell phones. This is our one luxury after cutting back on cable/Internet, auto insurance and finding a new energy provider.
I've already told Discover to pay $300 cash back into our Discover account (I'm thinking maybe I should I have made a direct deposit to our checking, but too late for that). I guess the phones would be blow or recreation, but I'm not sure how to show that in the budget since the money to pay for them is coming in the form of a credit on our Discover statement.
How do I show I've received a $300 credit, how to I categorize it, and how do I show that this money is paying for a budget expense?