What’s that you say? The first of the month was a few days ago and I haven’t done my budget yet? Pshaw!
Well, it seems that every month I start with doom and gloom about how we mismanaged our budget, overspent on who-knows-what, and failed our budget goals!
But let’s talk about the good first, okay?
The good: We’re 17% of the way toward our $10,000 August goal. And we didn’t touch our savings this month—not at all. I also added 10% to our total monthly income by babysitting alone. And decided to put it all towards our Honeymoon Fund.
The ugly: I think we spent about $600 over our budget this month and our credit card is over the $1000 mark.
The good: The reason our card is so high is because it was Eric’s birthday which resulted in several what-the-heck-it’s-your-birthday-month! charges and we just charged our Seattle flights and hotel on the card. Seattle? Why yes! The Newlyweds are going to Seattle! Eric is going up for a firefighter test, so we figured—why not make a trip of it? (okay, okay, it was more like me being “Why should he get to go to Seattle and have all the fun? I’m going to get stuck at home sulking and doing laundry. Screw it—I wanna go too!”) And I refuse to take money from savings to pay for this trip!
The bad: In order to pay for the trip, and not break the bank, and bring our credit card back down, we’re going to have to be extremely frugal this month.
The good: I think we can manage. And February is a short month—so less days to spend money!
The best: I think I’ve decided that even though we always pay off our card in full every month, I get sick and tired of always seeing a balance on the card. I’ve realized that points aren’t as important anymore. And we always seems to be one paycheck behind. I think I’m ready to say goodbye to cards once and for all. (But still keeping them for credit report purposes and such).
Let’s do some mini-goals this month:
Goals for February
- Pay off big chunk of Credit Card
- Stop using Credit Card, unless for emergencies
- Do not dip into savings
- Have an awesome time in Seattle without breaking the bank!
- Get our savings up to 30% of our goal!
- Personal: Lose 5 pounds, Read Water for Elephants
How did your budget go? Any February mini-goals?
And for those of you that like to see the color-coded pie charts–come on, I know you love them, it’s okay!