July 2019 Budget Report Card

Hey budgeting people,

You know how I said I graded myself on my budget? Well here it is.

This idea was Budget girl’s and I liked the idea. While she didn’t literally write it out like this, she gave me the idea, so credit goes to her.

This is going to be the shortest post, as I am just giving you the numbers and the grade.

If you want further details, you can check out my mid-month check in and an end of the month check in, which go in depth into everything.

I intend to do this every month, for those just interested in the overviews.

I got a C this month. Despite getting ten A grades, the four D grades pulled it down in the end. Hopefully next month, I can plan a bit better and will spend less on things like fun and spend in categories which weren’t budgeted for. That being said, I did pretty well and hopefully, you guys will agree with me.

Do you guys grade your budgets? If so, how?

Also, how well did you do? Message me your self-graded budgets!

My grading system explained:

A – If the expense is lower than budgeted, or the expense is on the amount.

A – if the sinking fund is higher than budgeted, or on the amount budgeted.

B – if the expense or sinking fund is within $5 of the budgeted amount.

C – if the expense or sinking fund is within $10 of the budgeted amount

D – if the expense or sinking fund is within $20 of the budgeted amount.

F – if the expense or sinking fund is more than $20 of the budgeted amount.

Disclaimer: The only time when these may not be true to what you are seeing above is if the overage had been caused due to the mismatch of my pay period and the calendar year. I.e. I spent money on the 2nd and get paid on the fourth. When this happens, you will be told in the various budget check-ins I do in the month.

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