Eating out ----------$560.05--------over target by $105.05
Groceries -----------$1601.08--------under target by $160.42
Non -Food ----------$184.52---------under target by $36.48
Clothes -------------$308.84.--------under target by $146.16
Grooming -----------$145.41--------under target by $49.59
Gas -----------------$193.80--------under target by $131.20
Pets ----------------$547.26--------under target by $102.74
HH items ------------$808.13--------over target by $255.63
Fares ---------------$100.00 ------- under target by $43.60
Entrainment----------$59.95--------under target by $96.05
Garden---------------$70.45--------under target by $59.55
Gift & Donations------$674.95---------over target by $219.95
Medical --------------$473.71 -------over target by $278.21
Diabetics-------------$ 43.47 --------under target by $6.29
Misc. -----------------$114.05--------under target by $2.50
Personal Allowance----$999.09--------under target by $105.91
Daily Living Allowance allotted amount for 2011 was $6940 and I spent total $6884.71--under target by $55.29
Even with being over in four categories, I still just manage to come under my budget allotment for 2011.
This does give me the idea that I am subconsciously set myself amount to spend then holding back on some things if I think that I have to cut on my spending because I spend a lot one area that was needed like the medical.
One thing this summery proves that averaging out over whole year is better than worry if you go over month as you can try to cut on other months.
By viewing with this year’s one I am defiantly a subconscious budgeter.
Ok this Daily Living Allowance is the area that I will be working on to stretch and find any extra money I can. I also am looking at cutting back other on bills where I can. We will have a very large hike in household insurances this coming year as I haven’t received the bill, I don’t know how much it will be as yet!
Strategy - Review your bills every six months that you are still saving money with your changes that you made since renewed or changed bill companies. Change your habits if you can’t change the company.
Annual Summary Daily Living Allowance parts of my budget for 2011
January 20th, 2012 at 09:18 am
January 20th, 2012 at 12:19 pm 1327061985
January 20th, 2012 at 09:55 pm 1327096548
This the second year I have subconsciously come under budget check out 2010 summery.
In my monthly posts I allowed an extra $600 for diabetics that I didn't spent but droped in this summary.
For 2012 I will an extra $250 to my medical and drop the Diabetics as It's to hard to work out which is which. This should cover any extra costs for the Diabetics as I didn't need $650 allotment that I allowed.
January 22nd, 2012 at 03:02 am 1327201377