Tuesday, May 31, 2011
Month End Update: The Good, the Bad and the Ugly
Oopsie - I forgot to do my Weekly Wrap last week which goes hand in hand with overspending, don't you think? Yes, if you find yourself forgetting to check your budget and your numbers on a regular basis it's easier to just throw caution to the wind.
I wasn't what you would call a spendthrift on my weekend away, in total I spent about $86.00. I bought a top (clearance price - $38), a couple of candle holders to take to PEI at Ten Thousand Villages ($33), a pair of earring also from Ten Thousand Villages for $1.99 and a gift of a tin of toffee from the Scottish Loft for Kazi. ($13) Sounds reasonable, no? HOWEVER, (don't ya hate howevers) I only had $40 cash so had to overdraw my account until I got home and made a transfer out of savings to cover the difference. STILL...not a million dollars or anything.
Boy, those "stills" will get ya though. Add up all the "stills" and "howevers" over the month of May and you get "overspending". All in all I overspent this month by about $500. That is a big no-no! That meant less $$ to savings and less $$ to debt repayment and that hurts!! Goals won't be met if I keep these bad habits up!!
So June is going to be a frugal month, or at least that's the plan. Smart electricity meters are going into effect this month and they SCARE me! I'm at work during peak use time (highest rate) but Kazi and Michael are both at home during peak use time and I won't be there to follow them around and turn things off. So, I'm a little worried about my hydro bill increasing! Our habits are going to have to change!!
Well, that's all for now. Time for some supper and bike riding. Yes, that's another habit that I've let slide lately.
Good golly I'm just falling to pieces!!