I wanted to give you an update on our April budget – what went well, what didn’t go well, and what I’m doing differently for May!
What went well:
Craig absolutely stuck to his budget. If I review our budget way back to before we hopped on the Dave Ramsey train and when Craig worked “in town”, Craig would spend close to $400/month on eating out, gas station stops, cigarettes, tobacco products, and energy drinks. Craig only drives about 3 miles to work now and there is only one gas station in town. Both Craig and I are allotted $100/month for whatever spending – Craig usually spends his on chew at the gas station, I usually spend mine on a coffee or a smoothie or a new piece of clothing. Craig came under his budget this month, I came in a little over. In hindsight, we’ve come SO FAR in this category!
Another category that went well was our Miscellaneous fund. This is for diapers, household supplies, cleaning supplies, clothes for the boys, personal care items, amazon, our trip to Theisens, etc. We allow $500/month for this and we came in WAY under budget at only $250 which is great! This category is very indicative of the health of our overall budget.
What did not go well:
The GROCERY budget. Part of the reason we are so set on the Great Cupboard Cleanout is to USE the food we have and cut our grocery budget which some months, costs us more than our mortgage! That’s right, our $500 budget rings in over $750 some months! And while we are entering week 3 of the grocery challenge, the damage to the budget was already done in the beginning of April. I hope the month of May is different and I hope we can wrangle this in. Gannon’s milk costs quite a bit, we love to buy meat from our local locker, we buy (and eat) massive amounts of produce, we love the more expensive lactose free Fairlife milk, we go through cheese like water, it isn’t hard to see where the money goes, but we’ve become accustomed to a certain kind of food/groceries in the house. I’m workin’ on it.
We had to cash flow gutter repairs, a truck of gravel for our driveway, cash flowing a entirely new furnace, a tax bill and snow removal so we didn’t make much progress on the debt snowball overall but we aren’t going farther into debt. This month would have absolutely been enough of a burden to call it quits and go get a loan for the furnace from the bank but we are still trucking and I’m confident we won’t make any more progress in May either because my car needs new brakes and tires AND vehicle registration is due, AND I have to renew my nursing license – I could go on and on. June, we are coming for ya!
That’s our rundown for the month! I love budgeting, it is one of my favorite things to do! Do you have a budget? Do you have any tips? How long have you kept a budget?