I’m hoping to do a proper debrief soon but October was insane. I got sick and then extremely busy with work while still getting better so I pretty much bled money in the latter part of the month.
As I realized this I dreaded looking at my budget which probably made my spending my worse. Well today at lunch I bit the bullet and downloaded my stuff.
It was a bit overwhelming as I was struggling to remember the reasons for some of my purchases and wasn’t able to get as detailed as I usually do. The really rough bit was when I realized I had overspent by ~ 15%. This made me take a hard look at what I was spending on. The culprits were:
- Fashion – I purchased 4 pairs of shoes ( I returned 2 but got store credit instead of a refund…)
- Groceries – I was sick so instead of cooking I’d drop by the store and purchase convenience foods
- Entertaining – we ended up hosting a Halloween party and I may have gone overboard.
As you know I fib to myself so even with this gross overspending I still am able to pay a bit toward my debt but it’s not nearly as much as I’d like.
One of the other lessons from this month is that I do much better when every dollar has a job. This month we were supposed to have a lot of wiggle room as there weren’t a lot of planned outings/expenses. Next time that happens I’ll allocate a miscellaneous fund per week, this way I can indulge in my new freedom without crashing through my budget.
With Christmas coming up I’m a bit nervous about all the travelling and gifts so I’ll need to keep a strong hold on my budget to not start the new year poorly.