Will the real budget please stand up?

Operation Debt Payoff is now in overdrive!  With the recent proposal and 9-months to plan a wedding, Lovie and I are pushing hard to kick our debts before the big day arrives.  That means 9-months to greatly decrease around $28,000 in debt on my plate (this includes both student loans and consumer debt).  Lovie and I have each have our own plans in action to drop our individual debt, then we’ll attack whatever is leftover once the big day comes.

With this big push also comes the time that I am starting my new updated monthly budgets.  Great timing for them to fall together!  I can update it as needed with this little shift in priorities just before the beginning of the new month.

After tracking my spending for the last two months, I have a much better idea of what to budget for each category, and where I wasn’t budgeting quite enough.  October was apparently a month when a lot of things needed to be replaced at once.  Looking back, it was also the time when I started my fitness challenge, Lovie and I needed new gym shoes, and I have been working to eat a whole lot healthier.  (Sidenote – I’ve lost almost 10 inches already in 2 weeks!  2 weeks left and I think I may hit my goal of 20 inches total!)  A positive though, I cut my spending at Caribou by 66%!

Expenses
Emergency Fund  $100.00  $100.00
Wedding Fund  $102.00  $102.00
Storage  $144.00  $144.00
Insurance  $100.00  $100.00
Car Repairs  $50.00  $50.00
Gas  $250.00  $250.00
Phone  $109.00  $109.00
Groceries  $100.00  $100.00
Food/Restaurant  $100.00  $100.00
Caribou  $40.00  $40.00
Household  $50.00  $50.00
Personal/Clothes  $50.00  $50.00
Massages  $110.00  $110.00
Kitty  $20.00  $20.00
Gifts  $75.00  $75.00
Business  $50.00  $50.00
Entertainment  $20.00  $20.00
Card A  $800.00  $800.00
Card B  $380.00  $380.00

And now I wait for the first of the month!  I hope I’m not the only one to say this, but I get a little stupid excited for budgets!  Watch me go!

If you haven’t worked with a budget before, they can be a bit intimidating.  Blonde on a Budget has a great explanation of how to start planning out and working with a budget.  Hop on over here to check up on it.

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One thought on “Will the real budget please stand up?

  1. Pingback: 13 Questions I’m asking myself before the end of 2013 {link-up} | Change is my only constant

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