Wow my long absences from writing must mean that I'm super disorganized and a huge procrastinator. I'm being sarcastic, I am very much both of those things. BUT I have finally pulled together my income and expenses for the months of September, October, and November.
Writing this blog has not only been a creative outlet for me, it's also a way for me to really look at my spending and habits. I did not do as well these past three months as I could have. I spent $500(!?) on groceries somehow in September. Well actually I know how, it's because I went to Costco and I was probably hungry. Bulk does not always save you money, people! And I really overdid it with going out to eat. Like I said in this previous post, I can really get excited about food (hence the page titled only "Eating").
I had to get a new phone and phone case in September because the calling feature on the one I had quit working. I also must have gone out a couple times as shown by the ATM usage in September, and it was my SO's birthday that month so I figured I'd be spending more. Personal care was higher in October and November due to haircuts and a massage, and you can see I spent money on clothing/shoes. I bought some sweet rain boots from a place called Alice & Whittles and they're awesome and I don't regret a thing (their manufacturer practices are solid and sustainable and the boots look hella cool).
At the bottom of the table shows the total amount spent, earned, and saved per month. What I didn't spend, I put into savings (I always transfer money into savings first and spend what's left). Most of it went into my emergency fund, but I have many sinking funds that I contribute to like holidays/gifts and a vacation fund. So while I will eventually spend that money, it's not part of my monthly expenses.
I really want to work on keeping my spending under $1600 per month. I think it's very doable but I need to keep myself in check, and hopefully coming back here every so often will help me do that.
Another day, another dollar. This pay period, because of the semi-monthly schedule, I had 96 total hours. Which bumped up my 401k dollar contribution and gave me a little extra money to put into my emergency fund.
See my budget for this paycheck below.
Check amount: $1052.46
Car insurance: $65
Emergency Fund: $400
Pet Food: $85
I have some small concerts to go to in the next couple of weeks and some personal supplies to buy like lotion and vitamins that I'm taking into account this pay period. FULL DISCLOSURE: I also have some spare money that I collect every now and then from donating plasma that I do not consider part of my income. I use that money for unplanned purchases like if my mom comes to town or if I feel like going to dinner with a friend.
This doesn't mean that spending money with people you care about shouldn't be part of your income budget, I think making time for those around you SHOULD be part of you conscious spending. I'm just in a position to collect money on the side that comes in real handy for things like that.
Look for my actual spending post for this paycheck in a couple of weeks.
I'm going to start posting my budgets at the beginning of the pay period and what I actually spend at the end of the pay period. Until then, since I don't have any of that information on file, I figured I'd show you my spending from January 2018 to today, courtesy of Mint.com.
You can see the majority of spending went to paying the last of my student loan. My shopping category is higher than what I'd like but that's including a large handful of Amazon purchases ranging from housewares, gifts, and personal care like face wash that I just didn't separate out.
Check out my income graph below showing my monthly income. It varies each paycheck because of the extremely inconvenient pay cycle my company switched to, which I'll talk about in another post.
February income was high because of my tax return and for some reason, Mint only has one April paycheck on record (I definitely got paid twice that month). July is also small because I haven't yet received my second paycheck.
This trend will soon be changing as I'm beginning to contribute more pre-tax income to my 401k but will keep you posted on what exactly that is.