Every Friday I post about my finances for the week in an effort to monitor my income and expenses. I used to post all of the actual figures but I have recently decided to stop doing this.
I will now post SOME of my actual expenses and leave the rest to your imagination.
This week my expenses were:
All I did was pay the phone bill. It is the final week of the month and also the halfway mark for the year so I do need to take a look at my rolling budget and progress for the year.
Categories where I am currently over budget:
Education: Tuition is a large amount of my budget but since I have a rolling budget of $100 per month it looks like I am over. It will take a few months for the education budget to smooth itself out unless I can allocate a larger portion on a monthly basis.
Auto: I had some unexpected car repairs that I had to hit the Car Emergency Fund in order to pay. I am only over by $100 now so it should balance out pretty soon.
Categories where I am currently under budget:
Home: My housing category is under budget right now. I will adjust the budget downwards a little bit so that I do not have a big overage every month. I had planned on reducing it by $30 since that is the cat fee I no longer pay since my beloved cat Dinero died but I may get another one in a few months so that expense will be back.
Utilities: I have had a low electric bill over the last few months because the weather has not been too bad. Now that it is summer and VERY hot there will be a rising bill…especially when the new room mate moves in.
In general I am in good shape financially with regards to the budget. The small overages will clear themselves by next month and the reduced rent amount will be reallocated to any area that needs adjusting.