The first 30 day cycle is essentially over.
The budget is balanced, and the results are:
I added the line item for household items to my spreadsheet more than half way through because I wanted to separate those purchases from the food budget, which you can see was eclipsed early on in the 30 day period. By overspending on food, it took away from adding more money to savings and putting towards credit card repayment.
To reduce spending on groceries, more planning is needed, and a little more frugality could be employed. I look forward to the challenge of reducing that in the next budget cycle.
I'm happy with the results. Tracking allows me to see the areas where spending can improve. If you're reading, and you hadn't been tracking your spending, I hope you've at least started that.
Happy Monday.
The budget is balanced, and the results are:
- Food = +240
- Household Items = -26
- Savings = -100
- CC payments = -59
- Recreation/Misc = -27
- Balance = +26
I added the line item for household items to my spreadsheet more than half way through because I wanted to separate those purchases from the food budget, which you can see was eclipsed early on in the 30 day period. By overspending on food, it took away from adding more money to savings and putting towards credit card repayment.
To reduce spending on groceries, more planning is needed, and a little more frugality could be employed. I look forward to the challenge of reducing that in the next budget cycle.
I'm happy with the results. Tracking allows me to see the areas where spending can improve. If you're reading, and you hadn't been tracking your spending, I hope you've at least started that.
Happy Monday.
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