I’m spending this beautiful morning sipping coffee and thinking about my March spending sins. I’ve actually been thinking about it a bit for the last two weeks of the month. There were many flaws, some thing I’ll fix and some that I’ll shrug off and attribute it to being a shopaholic. Let’s share in my spending sins together shall we?!
March Food Budget: $500
FAIL! CRASH! FLOUNDER! COLLAPSE! And all the other synonyms.
We were well over budget by $200+. The first two weeks I had it all under control. Tracking every penny, meal planning, and all those frugal ideas that are out there. I was going to own March. It was going to be mine. Then BOOM! It all fell apart. We had company on three separate occasions, I bought a Costco size box of wipes (which will last us for a couple months around here), a bunch of dog food (will also last for months because we already have a shelf full in the basement), and many, many other things. The one positive is that everything was “food” related. Other than baby and dog items.
Here’s what I’m changing for April:
•Food: $500– but this is ONLY for food. Not baby, not dog, not wine.
•Girls: $150– this will include diapers, wipes, bubble bath, Lexi’s obsessions with bath bombs, etc. They also need a few things for Spring and Summer that I’ll take from this fund.
•Dog: $50– this will include grooming costs, food and treats. She has an abundance of food so we just need to get (or make) some treats for her. She may not need to be groomed this month, if not, we’ll just move that money to next month’s budget.
March Gas Budget: $100
I did super well with this one. I was only over by $10. And if I had been the one to gas up last time, I would’ve stopped the pump $10 short just so that I could be on budget. Don’t kid yourself, you’d do it too if you knew others were waiting to hear about your budget. Don’t you roll your eyes at me!
For April I’m upping this category to $150 as I know we are traveling a little this month.
March Vanessa Budget: $100
Not surprisingly I was over in this category too. Only bet $40. Which isn’t bad considering it could’ve been over by $400 knowing me. I treated myself to some new craft supplies right at the end of the month. I’d like to say that I regret it, but I don’t.
For April I’m going to leave it at $100. I would like a new rain jacket but I’ll check around some consignment shops or look for a deal. Brand names don’t bother me, as long as it’s cute.
March Savings Goal: $500 toward debt
I’m confident in saying that we met this. I just need to pay myself from my side hustle. I’ll pay myself $250 from there and we’ll take the other $250 from our normal bank account.
I don’t have a debt goal for April. It’s a weird month where some big bills get paid x3 so that leaves us a little short. We could pull from our account, but we need that nice cushion in there for times when hubby doesn’t get any work.
I still wanted a savings goal for April, but it’s a bit different. I want to set up a BMO account. We bank with Scotiabank right now, however the nearest branch is 2 hours away. Not exactly close for someone with a side hustle and savings plans. We have a local BMO that I’m going to avail of. I want it for our savings; I essentially want to set up a bunch of “side accounts”. I want a business account, tax account (yikes on not saving for this in 2017- won’t make this mistake twice), Disney fund, emergency fund (currently at $1000), etc. I’m not organized enough to lump it all in one account and keep track of it. I know myself well enough after 31, almost 32 eeekkk) years that it would be a terrible idea. So while it isn’t exactly a savings goal, it’s a financial goal for April.
How about you? How did your March budgeting go? What is your April looking like financially?