Better late than never, I wanted to write about a few money lessons from my March budget. (I now realize it’s only the 7th, but my brain is like weeks ahead because of all the plans I have and I’ve convinced myself that it’s practically May.)
I already mentioned how March was all about begrudgingly digging into my e-fund. Yesterday was my last trip to the dentist for his overhaul and the cheapest (I think because I reached my deductible, yikes). Man, I’m going to miss him. Or not.
Still, at the end of the month, I was able to put a little savings back into my e-fund, my planned $50 into the wedding fund and even a little something-something into my wanderlust fund!
That’s because when it came to my actual budget, I kind of rocked it. With $38 left on the 31st, I paid my entry into my last 10K of the season (and really, only my second 10k ever) and ended the month $10 under budget!
With every month I’ve had a budget (since December now), I’ve learned something new and gotten better at it. In March, I learned that budgets are all about mindful and planned spending.
Having no-spend days (goal was ten, had nine, not bad) means going to the grocery store on a day I know I have an automatic bill coming out of my account. It also helps my sanity. I actually don’t like shopping all that much, so if I hold off on going to Target or Sports Chalet until another day, I’m more than okay with that.
Planning my budget for the month ahead means considering all expenses (as many as I can, things pop up of course). Like, for April, I put extra money in my car fund because I need to get my oil changed and extra money in my phone category because I’m upgrading this month.
In March, I also got more realistic about my “going out” category. I avoid eating out and didn’t have many opportunities for it before (because guys always pay on a first date and most of the men I date don’t make it past the first date and my social life has been lacking) but now I’m going out more, so I’m giving myself more room in that category. And when I do go out, I’m setting nightly spend-limits, if I go to happy hour or something, I’ll tell myself that I’m only going to spend x amount to stretch that going out budget.
My April budget looks good and includes some fun and some savings, which is exactly the balance I wanted when I started making and following budgets.