Want to hear something not cool? In June I spent about $1100 more than I earned. For someone who only so recently crawled her way out of debt, this is terrifying. I’m thankful for the financial padding I’ve been able to line my bank account with over the last few months (for the first time in years) and for my tendency to over-plan and over-prepare for everything, including future purchases. Without these two factors I’d have been back in the red. And probably totally panicking because we all know that the summer months aren’t cheap.
Here is a breakdown of what I spent.
“Fixed Expenses” 46%
This is too much. However it is (hopefully) a one time thing. To save you the boring details, there was a miscommunication with the bank and I ended up paying my portion of the mortgage twice this month. Like I mentioned above, thank goodness for financial cushion. If it wasn’t there all of my cheques and automatic payments for the first of the month would have bounced.
Hey summer, nice to see you again. Most of this is accounted for in the 5 day trip I took to Seattle and Portland at the end of June (it was awesome). But I also spent a weekend in Vancouver for a family reunion and bought a hotel Groupon for trip I’m taking in July. Here is where the advantages to being a planner come in, I could not have afforded these two trips and the hotel booking on my monthly salary alone. But I know summer costs more. And I know I don’t want to miss out on summer activities or stress about going into debt. So for the last few months I’ve been putting some money aside each month in preparation for these expensive fun times. It’s these savings that funded all of the above and kept me in the black.
Once again, hey summer. So many friends in town on vacation. And I don’t blame them, Victoria is a magical place, if I didn’t live here I’d want to come and visit too. But what that means for me is dinners and drinks out, larger grocery bills and other costs associated with entertaining. It’s awesome to see my friends and worth every penny, but it is a lot. June was a big month for this and I’m expecting July to be more of the same.
Parking, charity, gifts, health and fitness, etc.
Looking Good 6%
I bought the usual odds and ends. And then I bought a flawlessly beautiful pair of nude Swedish Hasbeen sandals that I’ve had my eye on for awhile now. I could afford them, but only because I had money set aside. The only downside to my beautiful new shoes is that my “shopping fund” now sits at $0. Sigh.
Food and Drink 6%
I actually did really well here this month.
This percentage looks better when I don’t spend way more than I bring in. Oh well. It was still a dollar amount that I’m happy with.
And now it’s July. The month of 2 weddings, 2 birthdays, 6 out of town guests, and 2 trips away. Wish me luck guys.