Saving (My Sanity)

My budget spreadsheet got a makeover this year.  Specifically, it’s actually acting as a budget, whereas up until last December it was basically just where I tracked what I spent and prayed that my end-of-the-month number was smaller than my income.

Now I’m creating a monthly budget and am still trying to figure out the whole following it thing.  Baby steps, right?

Basically, I simplified my budget spreadsheet, but the thing I’m most excited about is the addition I made.  Hello goals tab.  

I’ve always been good at saving money, in fact, my sister used to tease me for it, but there was never real organization to it until now.

Now, in lovely 2011, I’m tracking my savings goals – bridesmaid fund, e-fund and retirement contributions – and my goals for paying off my student loans ahead of schedule.  I made a column for my planned and actual contribution to each fund and I set up the equations to show me what percentage of my goals I’ve reached.  It makes it a lot easier to follow my budget because all the money I save goes to one of the funds.  And now I know which one. 

And when I pay for wedding-related things, I’ll know I’m spending the wedding money.  And instead of pretending all of my money in my bank accounts in my e-fund, I will see when I actually meet my eight-month goal and be able to pad the fun part of my budget. 

The uber-organization of the color-coded charts made my heart flutter a bit.  Until I realized those funds suck.

Yes, I’m excited about being in two weddings and the time I get to spend with family and good friends during all the related festivities, the idea of fully-funded emergency and retirement accounts keeps me sleeping as snug as a bug in a rug and I’m planning a 24-hour happy dance-a-thon for when I finally pay off my student loans. 

BUT…a girl’s gotta live, am I right?

So, I added one last goal.  A wanderlust fund.  It gets the least amount of attention money, but the point is that it gets some.  All work and no play makes MJ a sad girl.  I love knowing that I’m putting aside money specifically to get on a plane and stay in a hotel and experience something totally new and wonderful.  Even if I’m only at 1% of my total goal at this point.  Again, baby steps.

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2 thoughts on “Saving (My Sanity)

  1. Pingback: Paying Down (My Sanity) « The Next Moment

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