I just wrapped up tracking my spending for August. Notice I said tracking my spending NOT my budget because even though I tried to make the switch from knowing what I spend to following a budget late last year, it lasted all of a few months.
I’m embarrassed to say that my spending has been OVER my earning for the last six months. Yep, I only successfully didn’t spend more than I earned for the first two months this year. Don’t get me wrong, the first two months were big savings months and the last six haven’t been radically over what I earned, so I’m actually still in the black for the year. Barely.
Naturally, with my spending raging out of control, I decided to buy a house. Makes sense, yeah? The idea was that I’d save money by owning (thank you, plummeting housing market) and in the first place I would have. I got my good faith estimate for my new place last night and it pretty much matches my housing costs right now, but the HOA gives me more plus I’ll save on gas for many reasons, so don’t worry that I’m going to end up as a short sale or foreclosure!
Trying to save anything during the month I’m closing escrow and moving doesn’t make much sense and if all those upfront costs were included, of course I’d be spending over what I make, but that money is coming from a separate fund and I am not counting those costs in my monthly expenses.
So, taking those out of the picture, I have given myself the goal to save $200 of my regular monthly income based on my regular monthly expenses.
Which led me to the question of “how do you save money?”
Today I really wanted a Whole Foods sammie from their sandwich bar (turkey on focaccia – legit focaccia, something I have only found in ONE of their stores and sadly not the one I work by anyway – with Muenster, sun-dried tomato ai0li, pesto aioli, lettuce, tomato, roasted red peppers, panini style…it’s heaven in your mouth and you’re welcome), BUT it was only because I was driving by after running some errands and I knew I had salad and soup at work and wouldn’t, in fact, die if I didn’t get my beloved sammie. Did I just save $8? I don’t really think so. It’s more like I didn’t spend it and I’ll find out in 30 days if it paid off in the amount of $200.
Being that I decided house-buying expenses don’t count, I guess this next point moot, but with the holiday weekend coming up (and no holiday in sight for me thanks to
Bridezilla my sis) I thought it would be a good time to buy the three missing appliances for my new place to “save” a little money.
Spending money to save money has never made much sense to me, but I’m still a sucker for the advertising ploy. Again, doesn’t really count as saving. That money I would have spent on full-priced appliances will stay in my house fund for the next thing I
need want to buy.
I follow some bloggers who are going on spending fasts this September, but I’m not quite ready to go there yet, although it might be the kick in the pants I need. The challenge I’m setting for myself here is simply end the month having NOT spent $200 of what I’ve earned. That’s how I save money.
And…because I like goals, my other goal for the month is to leave my anxiety in August. August, being my birthday month, is one of my favorites, so it’s kind of a terrible place to leave anxiety, but there’s no need for it in September. I cried it out a bit last night in one of those “what am I crying over?” moments where you realize you just need to cry over nothing and everything. Today, with the fresh start of September, I will run and do yoga, two great stress relievers for me. I think that’s a great start.
So, how do you save money? What are your goals for September?