January: Last Post

Being the last day of the month I can safely say I know how I did this month. This month was worse than the last with no savings at all. We went through a lot this month and I am encouraged to start saving again after finishing our tax return. The tax return will boost our savings account and we are SO close to being able to buy the bigger vehicle that we need. My goal is to save $1,000 for the next couple months and purchase a vehicle in May before our family vacation. This could possibly change once I start visiting the dealerships and cannot get the vehicle I want at the price I want. . But given I have trade in and I am willing to take a small loan out ($3000 max) that should cover an difference. I typically would not want a loan and just buy the vehicle completely but I need to start repairing my credit from 6 years ago when everything had gone into collections. It’s devastating to go through such a financial bind.

With the breakdown chart in the tracking expense spreadsheet I was able to determine I spend the majority of my money on 1) Rent 2) Recreation 3) Going out – now I categorized Recreation as anything that was not a necessity and I wanted to seperate when I went out from that because I knew this month I went a little crazy. Woo eee! I spent more money on frivilaious things than on rent!

Chart Breakdown

  Sum of Cost
Rent 550
Recreation 467.7
Going Out 237.32
Daycare 200
Gas 148.11
Healthcare 127
Toiletries 122.31
Food 109.1
Utilities 104
Insurance 94.78
Phone 40
Grand Total 2200.32

Expenses Sheet

JANUARY
           
Monthly Income $2,500.00 Savings Goal $1,000.00 Monthly Budget $1,500.00
           
Cost Item Item 2 Item 3 Date Category
$40.00 Game for Tony’s Birthday @ Amazon (1/1) Recreation
$39.31 Food @ Copps     (1/1) Food
$23.30 Socks @ Kohls     (1/1) Recreation
$30.36 Shoes & Socks @ Walmart   (1/1) Recreation
$13.17 Food @ McDonalds   (1/1) Going Out
$120.00 Hair Foil & Cut @ Hair by Jill   (1/4) Recreation
$27.00 Badgercare Monthly Bill   (1/4) Healthcare
$39.95 Tanning Lotions @ Amazon   (1/6) Toiletries
$32.03 Pampers DS #3     (1/6) Toiletries
$26.59 Luvs DS#2     (1/6) Toiletries
$42.00 2 16×20 Canvases @ artcow.com   (1/6) Recreation
$130.00 Nolan’s birthday party @ Bowling Alley (1/7) Going Out
$121.33 Packers Jersey for Dad’s birthday    (1/6) Recreation
$12.66 Birthday Party stuff @ Dollar Store (1/6) Recreation
$4.20 Soccer Cleats @ Dicks   (1/6) Recreation
$30.00 4 Bras @ Maidenform.com   (1/10) Recreation
$50.00 Gas     (1/11) Gas
$200.00 Daycare     (1/11) Daycare
$35.00 Water Bill     (1/11) Utilities
$69.00 Electric & Gas Bill   (1/11) Utilities
$94.78 Auto & Home Insurance   (1/11) Insurance
$16.97 Food @ Copps     (1/11) Food
$2.39 Food @ Copps     (1/11) Food
$23.74 Training Pants @ Walmart   (1/11) Toiletries
$50.00 Gas @ Speedway   (1/12) Gas
$18.31 Wine @ Walgreens   (1/12) Recreation
$10.54 Book for Book Club @ iTunes   (1/12) Recreation
$79.00 Amazon Prine     (1/12)  
$30.75 Drinks @ Drafthouse   (1/14) Going Out
-$20.00 Money from Anna for drinks @ Drafthouse (1/14) Going Out
$10.21 Drinks @ Olive Garden   (1/14) Going Out
$39.00 Drinks @ City Bar   (1/14) Going Out
$15.39 Food @ Copps     (1/15) Food
$48.11 Gas @ BP     (1/18) Gas
$7.43 Food @ Copps     (1/18) Food
-$20.00 Money from Marcus for Moms gift (1/15) Recreation
$85.00 Prepared tax return @ Beckett   (1/25)  
$26.22 Food @ Copps     (1/28) Food
$1.39 Food @ Copps     (1/27) Food
$10.69 Food @ Taco Johns   (1/27) Going Out
$10.55 Food @ Subway     (1/28) Going Out
$9.55 Coffee @ Starbucks   (1/28) Going Out
$3.40 Parking for Childrens Museum   (1/28) Going Out
$550.00 Rent     (1/28) Rent
$35.00 Gym Membership   (1/30) Recreation
$40.00 Cell phone w/ Virgin Mobile     Phone
$100.00 Deancare Bill     (1/31) Healthcare
           
           
$2,364.32 Spent of budget $1,500.00      
           
$135.68 Total Savings for  JANUARY      
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