How did I do spending wise? Not great. But my tax return helped a lot.
January $89 left over
February neg $2350 – Vacation – mental health break
March $2979 left over
April $379 left over
In March I started my new savings plan. We had a great vacation in February where I decided to go with my mom and take the train to Chicago and go first class. A ton of fun with my mom. Came home with the flu. But we had fun. Want to do that again. Wiped out my savings. Yes I know that’s not what savings are for. But a mental health break is sometimes needed. And next time I know how to do it cheaper.
In March I got a great tax return and paid off all my credit card debt and put $1700 in savings. That felt good to get back on track. Starting with zero on my credit cards feels great. So I’m going to try to work on maintaining that. Plus I’d like to save $600 a month to get a six month reserve fund. At this rate I should reach my goal by November.
In April I spent quite a lot, but those were household expenses for the most part. Things that I didn’t want my mom to have to put on her credit card.
But to be totally honest – I need to cut back eating out and shopping for fun. Online purchases are entirely too easy. I think I might try something new. No Paypal transactions going forward. And I’ll try something that isn’t new. No purchases the same day as I see an item. And remember – no sale saves you as much money as not spending anything at all.
Here’s the budget for May
Gas and Auto – $80 (Thanks low mid-west gas prices)
Business Purchases – $70
Entertainment – $25
Dining out – $200
Doctors and Medicine – $150
Shopping – $100
Cash – $80
Misc. – $50
Total Expenditures $1955
Total to Savings $600
Total for the month – $2555
Projected for May
I already know I’m going to a movie during the beginning of May. Also I may be getting a new-to-me car at way under the cost of a new car. But I’m hoping to sell my existing car for a decent amount too.