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!!


Sharon said...

It sounds like we all will having a frugal June! Maybe some great ideas of how to do it will float the blogosphere too! :)!

Glad you had a fun month, even if you went over a bit!

Little Lamb said...

We have the smart meters here where I live. It certainly changed the way I did things. In the winters hours there was no laundry until after 9pm. Made for a few late nights but saved $$$. And now with the summer approaching and high rate during the daytime when the a/c HAS to be on... ugh! I signed up for equal billing because last year my bills were crazy!

Anonymous said...

yep I've noticed the 'excepts' adding up for me! You had a great 2 weekends though and it's worth it! (now it's time to have a few lousy ones!) but shoot even your cheap weekends look like fun- your nature pictures *almost* make me wanna get outside and hike(it's in the 90s here so I say *almost*!) you're still doing the $5 walks?


Anonymous said...

Not too bad Jane...here's to a frugal June (for us all) ;)

Mark said...

Next time, marry for money, not love. Won't you ever learn? m.

SonyaAnn said...

I always plan a frugal month and then life(kids, hubs) gets in the way.
But I do think that you are doing a great job! 2 steps forward and 3 back-no wait that's only at my house!

The Borrower said...

Overspending or denial. :)

I've been so wrapped up into my spending that I have been denying the property tax bills vital attention. In fact, one was due to today. I just happened to look in the bill tray. Thank goodness my son could run them to the Post Office. The last, I mean the very last thing we need is fees for late paid property taxes.

Yippee, I can post a comment here. I wonder why I can't on some other sites?

Anonymous said...

I think you did great!!!!!