I’ve been putting this post off.
Not necessarily because the numbers are BAD, more because the numbers are…well, not all there. Friends, my LAPTOP DIED. What a sad, sad day it was. With it, the budgeting software (which I can recover) with all the updated numbers (which I cannot recover). So…yeah. Oops.
One thing I have found since getting serious about budgeting EVERY penny is this: There is NO such thing as a normal month, or at least there hasn’t been so far! I keep thinking to myself, “when we have a normal month, without surprise expenses, then we’ll really get this debt paid down quickly!”, and yet, those kinds of months don’t seem to exist. It’s been a great eye opener for me, and I’m so grateful for that. We had over $500 in vet bills, in addition, or course, to the laptop dying (although that’s not really an expense right now, because I ain’t spending money for a new one). And while the gymnastics bill wasn’t unexpected, I wasn’t exactly prepared for it. Another great learning experience: ya gotta budget every month for expenses that don’t come out every month. (Y’all already knew that, didn’t you? I’m kinda slow.)
- My part-time job (Para Educator) – $537.79
- Hubby’s full time job – $2,232.76
- Online income (blog, surveys, etc) – $276.04
Total Household Income: $3,046.59
- Mortgage – $1,035
- Tithing – $305 (We pay 10% of our income to tithing each month)
- Other Charitable giving – $30 (Donations, etc)
- Gymnastics – $180 (This comes out every 3 months, so I need to remember to budget $60 each month for this, so I’m not caught off guard next time!)
- Vet bill – $518.81
- Credit Cards – $664.14
- Phone bill (this includes our 3 phones and internet) – $81.72
- Utilities (heat, water, electric) – $122.86
- Car Insurance – $73.45
- Emergency Savings – $35
Total Household Expenses- $3,045.98
Halfway through November, I had a higher debt payoff amount…but that was before the 2nd visit to the vet with my very sick cat. That 2nd bill was put on our credit card (BLAST!), so I had to deduct it from the debt payoff to even it up. Does that make any sense? It’s late and I’m sleepy, so one never knows…
Anyway, there’s the gist of it. The two biggest lessons I learned this month:
Budget EVERY month for the expenses that don’t occur every month.
NO month is “normal”! Plan for unexpected expenses EVERY month!