Here is my Financial Summery for - December period.
I have updated my Excel finally so here are the figures for last month I have been quite busy here.
This for period of 28 days each as I work on 28 day cycles, my dates may be out to calendar months so here are the figures that will bring it up to date as its very near the end of next 28 day cycle.
Reviewing my monthly daily living allowance
This is my review for last month's budget.
These are the categories for this challenge.
Items === Approx. Budget===Spent
Eating out===$35=====$15.30
Groceries===$125=== =$106.83
Non-Food===$15======$2.50
Clothes ====$35======$34.00
Grooming===$20
Gas======$20
HH items===$40=======$21.46
Fares== ====$15
Entrainments== $15 =====$26.50
Garden =====$15 =======$47.90
Gifts & Donations ==$35 ===$37.48
Medical & Diabetes Expenses ===$70====$11.90
Misc ======$10
Personal Allowance =$90 ===$4.00
Note only one amount is a No Spend
No Spending Days 13 of 28 days
Budgeted for this period $550 spent $307.87 under by $242.13 on general spending.
My watches required new batteries that came out of clothes were an out of pocket expense of $34.00 and I never spent much of my personal allowance. Personal allowance covers health drinks, lotto, books, stamps, craft and hobby supplies.
Eating out including meals out with family and friends, we all go Dutch.
My credit cards are still paid in full each month; it was $245 this period.
Grocery allotment $125 for each period it was under by $18.17 this period.
I had to watch my spending this period as my outgoing on bills and major projects were over $16000 this period. That they all have been paid for now.
Strategy - Do remember what you have stored before you go and buy more of the same.
13th Monthly Financial Summery for 2013
January 19th, 2014 at 06:50 pm
January 19th, 2014 at 07:48 pm 1390160934
How do you remember what's stored to avoid buying more? I hope you'll share ideas for this problem.
Do you find No Spend Days reduces spending or just moves to another day? Does it foil 'impulse' purchases? I wish there was more discussion on SA. I jump back and forth and confuse myself!
What are your top spending priorities 2014?
January 19th, 2014 at 09:19 pm 1390166350
My spending days are multi task days so I don't need to go out and shop if I don't need too!
It's a long time since I was on forum but that where discussions should be on some topics. May be we need to do one on that topic.