- Food : $400.00
- Petrol : $100.00
- Mobile phone : $30.00
- Entertainment $ 80.00
- Clothes $00.00
- Entertainment $ 100.00
Outstanding bills for June.
- Electricity $ 350.00
- Car rego $ 400.00
- Phone : $250.00
- Debt : $50.00
Monthly total $1,740
Monthly income $2,000
Savings $260.00
I have not got any idea at this stage if my budget is going to work, as I have never ever tried to do this before, this is not a working budget I won,t be able to do that until I have cleared the backlog so at the end of the Month I may put money away into future bills instead of into savings, but first I,ll see how I go. Into jars I will be putting, my petrol money, my entertainment money and if I was buying anything new this month I would also put that money into a jar. Wish me luck.
Spends so far this month
Debt $25.00
Petrol $10.00
It's a great idea to clear the backlog and then start saving every month for the quarterly/annual bills.
ReplyDeleteGood luck!
Good for you for taking that first step and writing out your first budget. Remember that a budget is a work in progress so it may take two or three months to tinker with it and get into the swing of things.
ReplyDeleteUm....you have entertainment on there twice. :-)
ReplyDeleteYou can do this girl! Can't wait to see how it goes!
You are right LeighAnn so I do, the second one for $100.00 is for a weekend away that I have planned at the end of the month, and the $80.00 entertainment is to be broken down into a measly $20.00 a week. I think this may be too litle and may need to be increased once I get on my feet, still I,m sure I can manage without lifes little luxuries for 1 month. Fingers and toes crossed.
ReplyDelete