Saturday, January 30, 2016
Not so good on this month's challenge...
So, my son had his 8th birthday party, and I spoiled him a bit (and he said thank you about 30 times, because he had such a fun day). So, that ruined the spending freeze, pretty much, but I don't feel bad. He deserves it, sweet boy, and we were still fairly modest in our spending overall, so I'm okay with it. The good things about challenges are, you can find out where your weak points are, but also where it's okay to forgive yourself if things don't always go according to plan, as long as you don't just keep blowing the budget just because you've gone overboard on something. I will get back on track. Also, I think about how the "damages" from overspending in this challenge would have been worse if I hadn't been in "challenge mode".
Budget update- final numbers for January
| TOTAL INCOME | $ 47,008.00 | $ 3,917.33 | $ 1,808.00 | $ 3,819.60 | $ 97.73 |
| Yearly total | Monthly | Average biweekly | Actual | Difference | |
| INCOME TAX | |||||
| taxes, work | $ 2,710.24 | $ 225.85 | $ 104.24 | $ 235.88 | $ (10.03) |
| NET INCOME | $ 44,297.76 | $ 3,691.48 | $ 1,703.76 | $ 3,583.72 | $ 107.76 |
| CHARITY 10-15% | |||||
| fast offering | $ 719.94 | $ 60.00 | $ 27.69 | $ 60.00 | $ (0.00) |
| tithing | $ 4,700.80 | $ 391.73 | $ 180.80 | $ 381.96 | $ 9.77 |
| SAVINGS 5-10% | |||||
| emergency fund | $ 1,500.72 | $ 125.06 | $ 57.72 | $ - | $ 125.06 |
| kids savings | $ 65.00 | $ 5.42 | $ 2.50 | $ 5.00 | $ 0.42 |
| retirement | $ 1,319.76 | $ 109.98 | $ 50.76 | $ 112.55 | $ (2.57) |
| HOUSING 25-35% | |||||
| dream home | $ 736.32 | $ 61.36 | $ 28.32 | $ 65.45 | $ (4.09) |
| homeowner's insurance (Jan) | $ 518.00 | $ 43.17 | $ 19.92 | $ 518.00 | $ (474.83) |
| Household improvement/ repair | $ 234.00 | $ 19.50 | $ 9.00 | $ 14.01 | $ 5.49 |
| real estate tax, county (Jun and Dec) | $ 1,210.40 | $ 100.87 | $ 46.55 | $ - | $ 100.87 |
| real estate tax, town (Dec) | $ 217.60 | $ 18.13 | $ 8.37 | $ - | $ 18.13 |
| UTILITIES 5-10% | |||||
| internet | $ 293.28 | $ 24.44 | $ 11.28 | $ 28.45 | $ (4.01) |
| phone- cell | $ 230.36 | $ 19.20 | $ 8.86 | $ 16.09 | $ 3.11 |
| phone- home | $ 189.12 | $ 15.76 | $ 7.27 | $ 15.76 | $ - |
| power | $ 2,065.44 | $ 172.12 | $ 79.44 | $ 190.41 | $ (18.29) |
| water& trash (odd months) | $ 1,225.12 | $ 102.09 | $ 47.12 | $ 187.97 | $ (85.88) |
| FOOD 5-15% | |||||
| groceries | $ 4,576.00 | $ 381.33 | $ 176.00 | $ 424.87 | $ (43.54) |
| TRANSPORTATION 10-15% | |||||
| car insurance (Jan and Jul) | $ 479.30 | $ 39.94 | $ 18.43 | $ 239.65 | $ (199.71) |
| gasoline- buick | $ 669.79 | $ 55.82 | $ 25.76 | $ 88.47 | $ (32.65) |
| gasoline- van | $ 902.90 | $ 75.24 | $ 34.73 | $ 52.53 | $ 22.71 |
| registration, buick | $ 39.42 | $ 3.28 | $ 1.52 | $ - | $ 3.28 |
| registration, van | $ 44.42 | $ 3.70 | $ 1.71 | $ - | $ 3.70 |
| repair & maintain | $ 294.32 | $ 24.53 | $ 11.32 | $ 103.11 | $ (78.58) |
| replace | $ 198.12 | $ 16.51 | $ 7.62 | $ - | $ 16.51 |
| taxes, property- county (Dec) | $ 89.55 | $ 7.46 | $ 3.44 | $ - | $ 7.46 |
| taxes, property-town (Dec) | $ 81.44 | $ 6.79 | $ 3.13 | $ - | $ 6.79 |
| CLOTHING 2-7% | |||||
| me | $ 2.34 | $ 0.20 | $ 0.09 | $ - | $ 0.20 |
| kids | $ 44.20 | $ 3.68 | $ 1.70 | $ 13.69 | $ (10.01) |
| husband | $ 22.88 | $ 1.91 | $ 0.88 | $ - | $ 1.91 |
| MEDICAL 5-10% | |||||
| health care | $ 4,160.00 | $ 346.67 | $ 160.00 | $ 525.07 | $ (178.40) |
| health insurance | $ 4,564.82 | $ 380.40 | $175.57 | $ 351.14 | $ 29.26 |
| PERSONAL 5-10% | |||||
| Christmas | $ 57.20 | $ 4.77 | $ 2.20 | $ - | $ 4.77 |
| gifts | $ 13.78 | $ 1.15 | $ 0.53 | $ - | $ 1.15 |
| personal, me | $ 17.16 | $ 1.43 | $ 0.66 | $ - | $ 1.43 |
| personal, kids | $ 149.50 | $ 12.46 | $ 5.75 | $ 1.50 | $ 10.96 |
| personal, husband | $ 12.74 | $ 1.06 | $ 0.49 | $ 10.70 | $ (9.64) |
| pets | $ 676.00 | $ 56.33 | $ 26.00 | $ 37.88 | $ 18.45 |
| work | $ 9.88 | $ 0.82 | $ 0.38 | $ (505.92) | $ 506.74 |
| RECREATION 5-10% | |||||
| entertainment | $ 29.90 | $ 2.49 | $ 1.15 | $ 33.60 | $ (31.11) |
| vacation | $ 89.96 | $ 7.50 | $ 3.46 | $ - | $ 7.50 |
| disney | $ 1,300.00 | $ 108.33 | $ 50.00 | $ 100.00 | $ 8.33 |
| DEBT 5-10% | |||||
| my student loans | $ 573.24 | $ 47.77 | $ 22.05 | $ 47.77 | $ - |
| husband's student loans | $ 7,052.16 | $ 587.68 | $ 271.24 | $ 587.68 | $ - |
| husband's student loans extra | $ 2,920.84 | $ 243.40 | $ 112.34 | $ 278.68 | $ (35.28) |
| NET SPENDING | $ 44,297.71 | $ 3,691.48 | $ 1,703.76 | $ 3,986.07 | $ (294.59) |
| DIFFERENCE | $ 0.05 | $ 0.00 | $ 0.00 | $ (402.35) |
Saturday, January 23, 2016
Budget update
| TOTAL INCOME | $ 47,008.00 | $ 3,917.33 | $ 1,808.00 | $ 3,819.60 | $ 97.73 |
| Yearly total | Monthly | Average biweekly | Actual | Difference | |
| INCOME TAX | |||||
| taxes, work | $ 2,710.24 | $ 225.85 | $ 104.24 | $ 235.88 | $ (10.03) |
| NET INCOME | $ 44,297.76 | $ 3,691.48 | $ 1,703.76 | $ 3,583.72 | $ 107.76 |
| CHARITY 10-15% | |||||
| fast offering | $ 719.94 | $ 60.00 | $ 27.69 | $ 60.00 | $ (0.00) |
| tithing | $ 4,700.80 | $ 391.73 | $ 180.80 | $ 381.96 | $ 9.77 |
| SAVINGS 5-10% | |||||
| emergency fund | $ 1,500.72 | $ 125.06 | $ 57.72 | $ - | $ 125.06 |
| kids savings | $ 65.00 | $ 5.42 | $ 2.50 | $ 3.75 | $ 1.67 |
| retirement | $ 1,319.76 | $ 109.98 | $ 50.76 | $ 112.55 | $ (2.57) |
| HOUSING 25-35% | |||||
| dream home | $ 736.32 | $ 61.36 | $ 28.32 | $ 50.97 | $ 10.39 |
| homeowner's insurance (Jan) | $ 518.00 | $ 43.17 | $ 19.92 | $ 518.00 | $ (474.83) |
| Household improvement/ repair | $ 234.00 | $ 19.50 | $ 9.00 | $ 11.77 | $ 7.73 |
| real estate tax, county (Jun and Dec) | $ 1,210.40 | $ 100.87 | $ 46.55 | $ - | $ 100.87 |
| real estate tax, town (Dec) | $ 217.60 | $ 18.13 | $ 8.37 | $ - | $ 18.13 |
| UTILITIES 5-10% | |||||
| internet | $ 293.28 | $ 24.44 | $ 11.28 | $ 28.45 | $ (4.01) |
| phone- cell | $ 230.36 | $ 19.20 | $ 8.86 | $ 16.09 | $ 3.11 |
| phone- home | $ 189.12 | $ 15.76 | $ 7.27 | $ 15.76 | $ - |
| power | $ 2,065.44 | $ 172.12 | $ 79.44 | $ 190.41 | $ (18.29) |
| water& trash (odd months) | $ 1,225.12 | $ 102.09 | $ 47.12 | $ 187.97 | $ (85.88) |
| FOOD 5-15% | |||||
| groceries | $ 4,576.00 | $ 381.33 | $ 176.00 | $ 344.88 | $ 36.45 |
| TRANSPORTATION 10-15% | |||||
| car insurance (Jan and Jul) | $ 479.30 | $ 39.94 | $ 18.43 | $ 239.65 | $ (199.71) |
| gasoline- buick | $ 669.79 | $ 55.82 | $ 25.76 | $ 62.51 | $ (6.69) |
| gasoline- van | $ 902.90 | $ 75.24 | $ 34.73 | $ 52.53 | $ 22.71 |
| registration, buick | $ 39.42 | $ 3.28 | $ 1.52 | $ - | $ 3.28 |
| registration, van | $ 44.42 | $ 3.70 | $ 1.71 | $ - | $ 3.70 |
| repair & maintain | $ 294.32 | $ 24.53 | $ 11.32 | $ - | $ 24.53 |
| replace | $ 198.12 | $ 16.51 | $ 7.62 | $ - | $ 16.51 |
| taxes, property- county (Dec) | $ 89.55 | $ 7.46 | $ 3.44 | $ - | $ 7.46 |
| taxes, property-town (Dec) | $ 81.44 | $ 6.79 | $ 3.13 | $ - | $ 6.79 |
| CLOTHING 2-7% | |||||
| me | $ 2.34 | $ 0.20 | $ 0.09 | $ - | $ 0.20 |
| kids | $ 44.20 | $ 3.68 | $ 1.70 | $ 13.69 | $ (10.01) |
| husband | $ 22.88 | $ 1.91 | $ 0.88 | $ - | $ 1.91 |
| MEDICAL 5-10% | |||||
| health care | $ 4,160.00 | $ 346.67 | $ 160.00 | $ 525.07 | $ (178.40) |
| health insurance | $ 4,564.82 | $ 380.40 | $175.57 | $ 351.14 | $ 29.26 |
| PERSONAL 5-10% | |||||
| Christmas | $ 57.20 | $ 4.77 | $ 2.20 | $ - | $ 4.77 |
| gifts | $ 13.78 | $ 1.15 | $ 0.53 | $ - | $ 1.15 |
| personal, me | $ 17.16 | $ 1.43 | $ 0.66 | $ - | $ 1.43 |
| personal, kids | $ 149.50 | $ 12.46 | $ 5.75 | $ 1.50 | $ 10.96 |
| personal, husband | $ 12.74 | $ 1.06 | $ 0.49 | $ - | $ 1.06 |
| pets | $ 676.00 | $ 56.33 | $ 26.00 | $ 37.88 | $ 18.45 |
| work | $ 9.88 | $ 0.82 | $ 0.38 | $ (518.63) | $ 519.45 |
| RECREATION 5-10% | |||||
| entertainment | $ 29.90 | $ 2.49 | $ 1.15 | $ - | $ 2.49 |
| vacation | $ 89.96 | $ 7.50 | $ 3.46 | $ - | $ 7.50 |
| disney | $ 1,300.00 | $ 108.33 | $ 50.00 | $ 50.00 | $ 58.33 |
| DEBT 5-10% | |||||
| my student loans | $ 573.24 | $ 47.77 | $ 22.05 | $ 47.77 | $ - |
| husband's student loans | $ 7,052.16 | $ 587.68 | $ 271.24 | $ 587.68 | $ - |
| husband's student loans extra | $ 2,920.84 | $ 243.40 | $ 112.34 | $ 278.68 | $ (35.28) |
| NET SPENDING | $ 44,297.71 | $ 3,691.48 | $ 1,703.76 | $ 3,652.03 | $ 39.45 |
| DIFFERENCE | $ 0.05 | $ 0.00 | $ 0.00 | $ (68.31) |
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