Clean Slate – August 2019

At first glance, my budget is in shambles! I had not carved out time to do any real checks over the last few months. This morning I spent time combing over my finances and discovered some huge expenses that I hadn’t properly prepared for:

  •   $540 on a friend’s bridal showers
  • $1400 attending her wedding.
    • That money was definitely not saved! I suspect the $1400 could have been lessened but I was emotionally and physically exhausted from my work schedule that I did very little research into the trip and my cost saving alternatives.
  • $780 on a conference, I will be reimbursed for this
  • $600 on a vacation where I hosted someone.
    • This was fairly frugal as it was 2 weeks of entertaining and is largely us eating out. This vacation served to highlight that I still have difficulty saying no to things in stores and I’m apt to fall for ‘good deals.’

There are also a host of charges for things that I felt I should get:

  • outdoor furniture as our last set had to be retired after 8 years
  • outdoor covers for the furniture so that it won’t get damaged by the elements
  • Just Junk – removal of the items that have been in the basement from the previous owners as well as our own accumulation of items

CLEANING UP

When I thought I was only going to be working 2 days/month from May – June I started putting away some money. As I had picked up a part time job I hadn’t touched the money. My hope had been that it would get moved over to the Pay off the Mortgage fund. That money will now be moved to pay for all the wedding related costs and the vacation.

MOVING FORWARD

This year, I haven’t managed to work within my budget as yet. I’m aiming to change this in August. My plan is to only use my debit card and keep a running tally of my spending in my wallet. I also need to submit my item for reimbursement quite soon as I find I get a bit lax on paperwork and end up paying for things I shouldn’t.

 

One thought on “Clean Slate – August 2019

  1. I so feel your pain! I, too, have been ignoring my finances for too long. I’m ashamed to say I’ve racked up another $5,000 in debt with stupid life decisions and waaaay overspending on my move several months back. Something in me broke and I just felt I deserved all new furniture. Gah, what an idiot I was. Unfortunately, it’s too late to erase my mistakes. Now I just have to dig out from under them.

    It sounds like your purchases were justified. Wishing you luck and Godspeed ahead on the payoff! ‘:)

    Like

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