Tuesday, November 1, 2011

I Am So Disgusted. . .

With myself.  Absolutely Disgusted.  I cannot believe my lack of self control.  It's pitiful. 

I suppose now that I've gotten you on the edge of your seats, I should explain a bit about the self depracating behavior.  First off, I'm not entirely thrilled that I keep setting monthly goals or challenges for msyelf and I never seem to follow through with them (haven't you noticed that?  If not, you will now!) so for the month of October, I kind of kept quiet about my financial challenge sheerly because I couldn't face one more public disappointment.  I figured this way, if I totally failed, it would be only me that knew.  Yeah, not exactly the best way to be held accountable by your peers.  But, you know what, I actually accomplished this goal.  What was it, you ask?  Well, my goal for the month of October was to simply save up every receipt that I generated over the month and at the end of the month (I knew I wasn't ready for a routine maintenance program here.  Baby steps, people!), I'd input them all into my budget (which has been created, just never faithfully used!) so that I could attempt to get a handle on where I'm spending my money each month.  The way I see it, I can't really cut expenses or focus my efforts in any one particular area until I'm seeing it in black and white right in front of my face.  Let's just say this: I'm seeing in BOLD RED right. in. front. of. my. face.  And it's disgusting. 

I just got done inputting the numbers and I can't believe how awful I have been this month at sticking to the budget.  I mean, it was ridiculous.  Here's some of the worst hit areas:

Groceries--I have a budget of $200/month.  I spent $363.59--that's $163.59 OVER BUDGET.
Eating Out--I have a monthly budget for Tyler and I of $50.  We spent $272.63--that's $222.63 OVER BUDGET. 
Lunch or Dinner for me at work--I have a monthly budget of $20 (really, I should be packing every. single. day.  The budget is only an emergency type cushion--or not!).  I spent $61.28--that's $41.28 OVER BUDGET. 

 I fully recognize that I need to first find out where I'm at in order to get to where I want to go.  And yes, seeing these numbers in black and white (or red) definitely helps me to understand that there is a problem.  I just didn't realize how big of a problem there was.  I mean, I feel like I need to rename my entire blog to "Wish I could be Living On a Dime or Less" since I don't feel like I'm actually Living On A Dime or Less.  Goals. Goals. Goals.  Every good accomplishment started with a goal, right?  Please just placate me and tell me I'm right. 

One positive that I noticed in my budget was that I came in under the budgeted amount of $250 for gas (fuel for the car, not gas for the heat) by $18.98.  However, I can't even really see this as much of an accomplishment since I was out of town for work for about half a week this month.  So, if I had been home, I probably would have been over in my budget.  Oh the heartaches of being an adult.  One other slightly positive note is that I was able to make a fairly hefty payment to my credit card in an amount which was almost $3000 (THANK YOU BIRTHDAY MONEY!).  No, I do not receive anywhere close to $3000 for my birthday, it's just that my birthday money combined with other payments equalled almost a $3,000 payment.  In order to fully understand this, I will need to further explain how I use my credit card.  Look for this explanation to come in a post soon! 

Anyone else have any major budget blows in October?  How about successes?  I could certainly use the inspiration!

1 comment:

  1. I've been struggling with this too. My approach isn't with budgeting, it's simply being very conscious of my spending and wants vs needs.

    (I don't like budgeting because I can't pad each category enough to be comfortable, I feel like I'm fighting the budget all month and it was a negative thing for me. In another year or so my daycare costs will go down a LOT and I'll try it again then.)

    Anyway I was successful at not buying myself anything stupid, and I didn't feel deprived, but I was pretty disappointed I only saved about $60 FOR THE MONTH. I did buy my son Cars 2 and bought a couple inexpensive gifts that shrank how much I saved but I really wanted to be left with more than $60.

    Anyway, hang in there. The best thing about taking control financially is that you'll have LOTS more opportunities to do better :)


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