After having a spendy December and January, which I chalked up to moving and having to buy pretty much everything ( bedding, furniture, paint, painting supplies, etc.), and traveling, I decided to start tracking my spending again in February to see where exactly my money was going.
I thought I was doing really well living beyond my means. I had been able to pay all of my bills routinely, save for traveling that I had always wanted to and places I needed to go, and still have fun! Turns out lately, I’ve been having a little bit too much fun. At least that’s what my spending report says. Having fun does not mix well with irregular yet pricey expenses.
I went over budget by almost $600 last month. I ended up using a check from my second job as well as a reimbursement check to help make up the difference in my spending but it would have been much better if I could have stuck that in savings, especially since I have so much going on this year I need to save for! Not only am I going to Las Vegas this weekend for something I need to attend and Boston next week and then onto New Jersey, I’m also going to a wedding in LA in May, San Diego in June, Orlando in July ( work conference but you know I’m staying an extra day and going to Disney World right?), and then New Orleans for FinCon in September. I may also be taking another trip sometime this summer but it depends on my schedule and someone else’s. I do need to get a passport though, as I was advised. ;)
Blown categories due to irregular expenses? Health was a major one because I had to pay for asthma medication in full due to my deductible that hasn’t been reached yet. I also spent more than I usually do in transportation thanks to registration fees for the year and driving to Vegas. Vacations was higher because of my Vegas trip I went on but also due to buying a plane ticket for Boston. My daily life category thanks to eating out like a baller when I felt like it and then drinking crack, I mean Starbucks. My groceries were about a third of that which is reasonable but still.
Next month ( well actually this month) I’m working on a few things:
I brought my Keurig to school so I can drink all the coffee for a fraction of the price. I know K-Cups aren’t the cheapest option but I’m now paying maybe $1.00 per cup of coffee in the morning instead of $5.00 or buying energy drinks. Win!
- Monday-Thursday will be deemed no eating out days. There is really no reason to anyways since I’m so busy. I go to work for 8-9 hours depending on my second job, go home for an hour and then hit the gym. It’s easier to do a big meal prep on Sunday night while doing laundry and just pack my meals like a more efficient person.
- On the weekends if I’m home, I will only go out one night a weekend! This is probably what most people do or just stay in but I’m a social butterfly who’s a hardcore extrovert. I love going on adventures, trying new things and having a good time. I’m going to work on taking a break and staying in.
- I’m going to try to chart a savings plan to see when I can meet my money goals! I have nothing big planned for next month so I should be able to do a spending freeze and get a jump start on my savings.
That’s it. I actually won’t be home for 9 days but that’s neither here nor there, right? Bring on spring break!