I find myself running out of money this month. After I pay for volleyball tonight I will have only $20 of spending money left. And there's still ten more days of April. I always thought I was pretty good at math so I think the flaw is in my lack of planning for my spending.
I've been sitting pretty smugly on my laurels the past few months blithely saving away and reducing debt while NOT thinking about how much I need each month for LIFE. I have vowed to live frugally but I didn't vow NOT TO LIVE at all!! In fact, over the past couple of years I've discovered that I need to live each day NOW, not just wait til retirement for the party to begin.
Here's the dilemma - (though I shouldn't be looking at upcoming social events as a "dilemma")!! (I REALLY want to get away from the mindset that doing things with family and friends is to be avoided due to having to spend some $$. I also don't want to sit and drink water while others are having a glass of wine...or just order the cheapest appetizer when everyone else is having a full meal)!! That's not LIVING!!
So I have decided to put the U back in frUgal!! I don't go out often but I'm not going to AVOID going or be a cheapskate when I do go out. Neither am I going to throw my money around carelessly. What I DO need to do is put more planning into each month, estimate what I'll need for upcoming social events or outings with Michael and put a number to it.
I need to add an "entertainment" line to my budget. Currently I just use my catchall MISC category to cover any entertainment-related activities although when I enter my spends into Spenddiary.com I do have an entertainment line. Sorta inconsistent aren't I??
My next task then after adding an entertainment category to my budget is to figure out what I need for: a beer tonight after volleyball, dinner out with my nephews on Saturday, Easter goodies and Easter dinner with my brother on Sunday and what I might need to make it to my next paycheque on the 30th.
This is kinda exciting - I feel like I've made a breakthrough in my thinking. I hate like hell taking money out of savings once I've put it in but it's necessary to my sanity:) But don't get me going on THAT topic....