Saturday, July 23, 2016
Where we went over budget
We did take our vacation a few weeks ago and I forgot to mention that we did go over budget in a few areas because of that. One of them was gas, and though I tried to plan ahead for that, it is difficult when you are traveling a big distance, and I didn't plan for tolls, of which there were several. We also went over budget for the actual vacation spending as well. I'd like to say it was just $7.66, as it appears in this month's budget, but we did buy things for the vacation ahead of time, as well as reservation deposits, so it came out to be an additional $141.84, bringing the total over budget at $149.50. We could have gone cheaper, but we chose to make it easier on ourselves and eat out at least once a day, rather than packing and eating out of a cooler all the time like we have in the past. I go back and forth on this issue, knowing that packing food and cooking while on vacation can be a point of stress for me, so it makes the vacation less enjoyable, but the tightwad in me cringes at spending so much more money eating out.
Budget update
| TOTAL INCOME | $ 52,353.60 | $ 4,362.80 | $ 2,013.60 | $ 4,278.56 | $ 84.24 |
| Yearly total | Monthly | Average biweekly | Actual | Difference | |
| INCOME TAX | |||||
| taxes, work | $ 3,341.78 | $ 278.48 | $ 128.53 | $ 272.04 | $ 6.44 |
| NET INCOME | $ 49,011.82 | $ 4,084.32 | $ 1,885.07 | $ 4,006.52 | $ 77.80 |
| CHARITY 10-15% | |||||
| fast offering | $ 1,056.00 | $ 88.00 | $ 40.62 | $ 88.00 | $ - |
| tithing | $ 5,235.36 | $ 436.28 | $ 201.36 | $ 226.50 | $ 209.78 |
| SAVINGS 5-10% | |||||
| emergency fund | $ - | $ - | $ - | $ - | $ - |
| kids savings | $ 85.80 | $ 7.15 | $ 3.30 | $ 5.37 | $ 1.78 |
| retirement | $ 4,711.82 | $ 392.65 | $ 181.22 | $ 380.57 | $ 12.08 |
| HOUSING 25-35% | |||||
| dream home | $ 260.00 | $ 21.67 | $ 10.00 | $ 15.00 | $ 6.67 |
| homeowner's insurance (Jan) | $ 518.00 | $ 43.17 | $ 19.92 | $ - | $ 43.17 |
| Household improvement/ repair | $ 250.90 | $ 20.91 | $ 9.65 | $ 216.83 | $ (195.92) |
| appliance replace | $ 214.50 | $ 17.88 | $ 8.25 | $ - | $ 17.88 |
| 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 | $ 461.40 | $ 38.45 | $ 17.75 | $ 38.45 | $ - |
| phone- cell | $ 236.60 | $ 19.72 | $ 9.10 | $ 19.10 | $ 0.62 |
| phone- home | $ 189.12 | $ 15.76 | $ 7.27 | $ 15.76 | $ - |
| power | $ 1,856.66 | $ 154.72 | $ 71.41 | $ 111.74 | $ 42.98 |
| water& trash | $ 1,252.16 | $ 104.35 | $ 48.16 | $ 84.26 | $ 20.09 |
| FOOD 5-15% | |||||
| groceries | $ 4,576.00 | $ 381.33 | $ 176.00 | $ 372.03 | $ 9.30 |
| TRANSPORTATION 10-15% | |||||
| car insurance (Jan and Jul) | $ 410.30 | $ 34.19 | $ 15.78 | $ 205.15 | $ (170.96) |
| gasoline- buick | $ 789.85 | $ 65.82 | $ 30.38 | $ 37.35 | $ 28.47 |
| gasoline- van | $ 1,148.21 | $ 95.68 | $ 44.16 | $ 202.54 | $ (106.86) |
| registration, buick | $ 39.42 | $ 3.28 | $ 1.52 | $ - | $ 3.28 |
| registration, van | $ 44.42 | $ 3.70 | $ 1.71 | $ - | $ 3.70 |
| repair & maintain | $ 1,703.00 | $ 141.92 | $ 65.50 | $ 19.22 | $ 122.70 |
| replace | $ 1,040.00 | $ 86.67 | $ 40.00 | $ - | $ 86.67 |
| 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 | $ 130.00 | $ 10.83 | $ 5.00 | $ - | $ 10.83 |
| kids | $ 234.00 | $ 19.50 | $ 9.00 | $ - | $ 19.50 |
| husband | $ 130.00 | $ 10.83 | $ 5.00 | $ 14.00 | $ (3.17) |
| MEDICAL 5-10% | |||||
| health care | $ 4,160.00 | $ 346.67 | $ 160.00 | $ 195.58 | $ 151.09 |
| health insurance | $ 4,564.82 | $ 380.40 | $175.57 | $ 351.14 | $ 29.26 |
| PERSONAL 5-10% | |||||
| Christmas | $ 286.00 | $ 23.83 | $ 11.00 | $ - | $ 23.83 |
| gifts | $ 130.00 | $ 10.83 | $ 5.00 | $ - | $ 10.83 |
| personal, me | $ 78.00 | $ 6.50 | $ 3.00 | $ 21.12 | $ (14.62) |
| personal, kids | $ 1,040.00 | $ 86.67 | $ 40.00 | $ 2.16 | $ 84.51 |
| personal, husband | $ 78.00 | $ 6.50 | $ 3.00 | $ - | $ 6.50 |
| pets | $ 676.00 | $ 56.33 | $ 26.00 | $ - | $ 56.33 |
| work | $ - | $ - | $ - | $ (193.09) | $ 193.09 |
| RECREATION 5-10% | |||||
| entertainment | $ 260.00 | $ 21.67 | $ 10.00 | $ 82.20 | $ (60.53) |
| vacation | $ 390.00 | $ 32.50 | $ 15.00 | $ 397.66 | $ (365.16) |
| disney | $ 1,300.00 | $ 108.33 | $ 50.00 | $ 75.00 | $ 33.33 |
| 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 | $ 251.16 | $ 20.93 | $ 9.66 | $ 250.75 | $ (229.82) |
| NET SPENDING | $ 43,261.99 | $ 3,605.17 | $ 1,885.07 | $ 3,309.74 | $ 295.43 |
| DIFFERENCE: NET INCOME/SPENDING | $ 5,749.83 | $ 479.15 | $ (0.00) | $ 696.78 | $ (217.63) |
Saturday, July 16, 2016
Budget update
| TOTAL INCOME | $ 52,353.60 | $ 4,362.80 | $ 2,013.60 | $ 2,264.96 | $ 2,097.84 |
| Yearly total | Monthly | Average biweekly | Actual | Difference | |
| INCOME TAX | |||||
| taxes, work | $ 3,341.78 | $ 278.48 | $ 128.53 | $ 143.52 | $ 134.96 |
| NET INCOME | $ 49,011.82 | $ 4,084.32 | $ 1,885.07 | $ 2,121.44 | $ 1,962.88 |
| CHARITY 10-15% | |||||
| fast offering | $ 1,056.00 | $ 88.00 | $ 40.62 | $ 88.00 | $ - |
| tithing | $ 5,235.36 | $ 436.28 | $ 201.36 | $ 226.50 | $ 209.78 |
| SAVINGS 5-10% | |||||
| emergency fund | $ - | $ - | $ - | $ - | $ - |
| kids savings | $ 85.80 | $ 7.15 | $ 3.30 | $ 3.58 | $ 3.57 |
| retirement | $ 4,711.82 | $ 392.65 | $ 181.22 | $ 199.35 | $ 193.30 |
| HOUSING 25-35% | |||||
| dream home | $ 260.00 | $ 21.67 | $ 10.00 | $ 10.00 | $ 11.67 |
| homeowner's insurance (Jan) | $ 518.00 | $ 43.17 | $ 19.92 | $ - | $ 43.17 |
| Household improvement/ repair | $ 250.90 | $ 20.91 | $ 9.65 | $ 135.86 | $ (114.95) |
| appliance replace | $ 214.50 | $ 17.88 | $ 8.25 | $ - | $ 17.88 |
| 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 | $ 461.40 | $ 38.45 | $ 17.75 | $ - | $ 38.45 |
| phone- cell | $ 236.60 | $ 19.72 | $ 9.10 | $ - | $ 19.72 |
| phone- home | $ 189.12 | $ 15.76 | $ 7.27 | $ - | $ 15.76 |
| power | $ 1,856.66 | $ 154.72 | $ 71.41 | $ 111.74 | $ 42.98 |
| water& trash | $ 1,252.16 | $ 104.35 | $ 48.16 | $ 84.26 | $ 20.09 |
| FOOD 5-15% | |||||
| groceries | $ 4,576.00 | $ 381.33 | $ 176.00 | $ 261.01 | $ 120.32 |
| TRANSPORTATION 10-15% | |||||
| car insurance (Jan and Jul) | $ 410.30 | $ 34.19 | $ 15.78 | $ - | $ 34.19 |
| gasoline- buick | $ 789.85 | $ 65.82 | $ 30.38 | $ - | $ 65.82 |
| gasoline- van | $ 1,148.21 | $ 95.68 | $ 44.16 | $ 170.39 | $ (74.71) |
| registration, buick | $ 39.42 | $ 3.28 | $ 1.52 | $ - | $ 3.28 |
| registration, van | $ 44.42 | $ 3.70 | $ 1.71 | $ - | $ 3.70 |
| repair & maintain | $ 1,703.00 | $ 141.92 | $ 65.50 | $ 12.60 | $ 129.32 |
| replace | $ 1,040.00 | $ 86.67 | $ 40.00 | $ - | $ 86.67 |
| 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 | $ 130.00 | $ 10.83 | $ 5.00 | $ - | $ 10.83 |
| kids | $ 234.00 | $ 19.50 | $ 9.00 | $ - | $ 19.50 |
| husband | $ 130.00 | $ 10.83 | $ 5.00 | $ 10.00 | $ 0.83 |
| MEDICAL 5-10% | |||||
| health care | $ 4,160.00 | $ 346.67 | $ 160.00 | $ 195.58 | $ 151.09 |
| health insurance | $ 4,564.82 | $ 380.40 | $175.57 | $ 175.57 | $ 204.83 |
| PERSONAL 5-10% | |||||
| Christmas | $ 286.00 | $ 23.83 | $ 11.00 | $ - | $ 23.83 |
| gifts | $ 130.00 | $ 10.83 | $ 5.00 | $ - | $ 10.83 |
| personal, me | $ 78.00 | $ 6.50 | $ 3.00 | $ 21.12 | $ (14.62) |
| personal, kids | $ 1,040.00 | $ 86.67 | $ 40.00 | $ 1.62 | $ 85.05 |
| personal, husband | $ 78.00 | $ 6.50 | $ 3.00 | $ - | $ 6.50 |
| pets | $ 676.00 | $ 56.33 | $ 26.00 | $ - | $ 56.33 |
| work | $ - | $ - | $ - | $ 10.25 | $ (10.25) |
| RECREATION 5-10% | |||||
| entertainment | $ 260.00 | $ 21.67 | $ 10.00 | $ 39.84 | $ (18.17) |
| vacation | $ 390.00 | $ 32.50 | $ 15.00 | $ 397.66 | $ (365.16) |
| 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 | $ 251.16 | $ 20.93 | $ 9.66 | $ 239.09 | $ (218.16) |
| NET SPENDING | $ 43,261.99 | $ 3,605.17 | $ 1,885.07 | $ 2,450.52 | $ 1,154.65 |
| DIFFERENCE: NET INCOME/SPENDING | $ 5,749.83 | $ 479.15 | $ (0.00) | $ (329.08) | $ 808.23 |
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