Tracking My Finances In May: 19

Posted by LuLuGal | May 20, 2008 .

Welcome to How I Save Money and tracking of income and expenses for the month.

Penny.GIF

Income for the month to date: $764.65

Expenses for the month to date: $2566.00

Net effect: -$1801.35

So far the additional expenses have been $18.19 for groceries, which leaves me with a grand total of $25.34 left in my food budget for the month. I did stock up on a few essentials so I do not expect having to go over my food budget for the month. Next month I am going to try to cut the food budget down by $10 so I can move that $10 over to the gas budget.

It should be easier to live on a lower food budget next month because school will be out and I can eat more of the stuff that I readily have at home like eggs. I do not want to take food with eggs to work because our refrigerator is always packed and then I have to hunt down a microwave. When I am at home I can eat my eggs at any time of the day and don’t have to worry about storage and heating.

I found 11 cents as I was doing laundry so that was added to my found money for the month. The other recent income was $7.25 from a sponsor and all of this is added to the snowflake payments that go to the Citi card.

I will see you guys and gals later as I continue my journey to save money and become debt free!!!!

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3 Responses to “Tracking My Finances In May: 19”

  1. Keep at it. You can make it a positive net result for the month. Do you use coupons?

  2. Lindsay says:

    I like seeing your progress and how you critique yourself.

  3. LuLuGal says:

    @ Mark:
    I just started using coupons again. I know I should have been using them all along but I don’t know what I was thinking.

    @ Lindsay: Thanks for coming back to check it out.

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