I am beginning to realized I am always over budget on some category(s) each month and under on others. I was over on 2 and under or on target for 4. I guess that is good but I am starting to wonder if budgets are right for me. I will dwell on that this holiday season and see if I want to further simply my life come next year.
Income was below normal
Not only can I not keep under budget on everything but I can't keep my income steady either. The job market is extremely hot in the software industry and I changed jobs again. This time I have taken on a role in the industry as an architect. It only took me a long 18 years but I finally did it! I am going from bi-weekly paychecks back to twice monthly paychecks. With the slight delay I only pulled in 3 weeks of salary for the month.
Needs were over budget
I had sent out for a reimbursement for my wife's vehicle. There was a recall on a part that we had fixed back in February. The check came in for the that but it wasn't enough to keep us within budget.
I noticed my food expenses have been creeping up (not including baby food). Prices are shifting as summer ends and fruit and vegetable prices are doubling where I live. As I write this a pint of strawberries is running $5. So with that said I switch the family over to less healthy canned fruit and veggies.
The other large expense was gift cards for a dresser for my other daughter and for a modern energy efficient toilet. My plan is to slowly replace all of the 5 GPF toilets in my house with ones that use 1.25 GPF. I hope this helps curb my unhealthy water bill.
Guilt Free Spending Money (Wants) was over budget
Again over budget. I think either I need to get serious about saving and actually get the family to follow my budget or increase the budget for this category.
It is always weird writing this but our #1 spend in this category for the month was candy. There are always good deals to be had around Halloween so my wife stocks up for the year. That plus a trip to my wife's favorite fudge and candy factory and I am out over $200. My wife doesn't spend on clothes or shoes like most women so this is her thing.
Even though we were over budget the savings rate still remained positive at 3%
It was a close one but I managed to save another $145 this month. I am OK with that considering some of my larger expenses this month. I hope you were in the green this month!
Save for tomorrow, live for today,
Dividend Family Guy