As I work on 28 day cycles, my dates may be out to a calendar months so here are the figures for my last period.
It’s time to start again on reviewing my monthly daily living allowance.
These are the categories for this challenge.
Items === Approx Budget===Spent
Eating out===$35.00=====$46.75
Groceries===$135.50 ==== $73.59
Non-Food===$17.00
Clothes ====$35.00
Grooming===$15.00
Gas======$25.00=====$33.42
Pets====== $50.00=== ==$27.12
HH items===$42.50
Fares== ====$9.00 =====$20.00
Entrainments= $12.00
Garden =====$10.00
Gifts & Donations =$35.00
Medical =====$15.00=====$116.35
Misc ======$9.00=======$1.50
Personal Allowance =$85.00 ==$30.54
Note only one amount is no spend
Budgeted for this period $530 spent $349.27
No Spending days over the 28 days =14 days in total.
Personal allowance covers confectionery, lotto, books, stamps, craft & hobby supplies.
Eating out including meals out with family, we all go Dutch.
As for medical this is the extra out of pockets amounts that came up this month this I had a visit to a podiatrist, phsyo and bought a large wheat bag.
My credit cards are still paid in full each month.
I do keep my bill money separated from this summery. This year I will be budgeting around $650 per period month to cover all my bills. This month bills were over $1200. These funds do cover all my fixed bills for the year if I can stick to this schedule as I have done for the past ten years or so. This budget will be tight but just doable. On my budget excel modelling chart I can pay the full amount this year.
If any changes to my spending habits will need to come out of my daily living allowance categories of my budget as my bill categories are very tight now. Still need to work on a few categories as you can see but over all I had a good month. Saving for this month $180.73 on budget for amount.
Strategy: - Track your daily spending down to the cent by writing it down daily.
My 700th post milestone
2nd monthly financial summery for 2011
March 6th, 2011 at 09:13 pm
March 6th, 2011 at 10:45 pm 1299451518