Tracking my finances: March update

Posted by LuLuGal | March 31, 2007 .

Okay folks here is my spending and saving update for the month of March. I will also be updating my net worth so you can look at the progress chart in the left side bar…..scroll down.

I am still training Money to recognize and classify some transactions but the figures for this month are more accurate than the ones for February were….so just bear with me for a little while longer while I get this all straightened out. I am finding out new things constantly that I need to work on.

In March my income was up a little bit because I received the refund from my income taxes but it still was not significant enough to impact much on my saving for the month because I decided to put the money towards my debt payments. My total actual income for the month was less than the total for the bills but I managed not to use any credit card debt because Honey helped with the utilities and the Lancer payment. (thank you!)

I spent a total of $86.49 on food purchases from the grocery store, including necessary items and snacks. This is more than twice what I spent last month…although this month I have more food left over to start the new month with. I guess this means I need to track and estimate my usage of things better than I am doing right now.

I just realized that I do not have the total figures for what I spent on my credit card payments because some of it got messed up when I started to use ING’s Electric Orange to pay the credit cards. I do know that I have less finance charges than I did in February because I got some rates lowered and I did manage to pay some larger monthly payments because of the income tax refund.

Oh boy! I will have to spend some time tomorrow tweaking Microsoft Money (again) because I need to have the most up to date figures for ALL categories when I post for the daily updates for April.

I am going to bed now to dream of another way that I can save money and get myself out of debt.

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No Responses to “Tracking my finances: March update”

  1. Shawn Knight says:

    Wow how do you get by with such little spending on food?? I spent over $350 on food (well I say food, but I put my Wal-Mart spending down as food since that is where i shop for groceries) and this also includes fast food.

    Ive also been tracking my finances (income and spending) in detail since the beginning of the year. I use Excel and just manually enter everything.

    March is the my best month thus far as far as not spending a lot goes but I know I could cut back on a lot of useless stuff (fast food lol) and save a lot more.

  2. lulugal says:

    You spent $350.00 on food for one month? Wow! I know where I am going for dinner. I guess I spend that amount because it is just me here at home. Twice a month I have lunch with friends where we all have to bring something but I make cheap stuff…like potato salad and then we split the leftovers so I have food for the next day. I also forgot to mention that I did order pizza. 3 medium pizzas from Dominos last me a whole week…even with me eating pizza for breakfast, lunch AND dinner.

  3. Shawn Knight says:

    Yehh but that includes everyday household stuff like soap, trash bags,etc so technically, not all food. I went out to restaurants 3 times last month which is a bit more than usual, and we both know that gets expensive quick!

    The Dominos 3 for 15 deal is good, and i like pizza… but i tend to get sick of the same food if i eat it over and over and over hehe

  4. Scot Smith says:

    I need to start tracking my expenditures better. I’m sure I spend more than $500 on food considering I take my girlfriend out quite a bit, etc.

    – Scot

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