September 2019 Monthly report card

Hey budgeting buddies,

Happy report card today! I do have to say, this is not the best report card I have ever received. To be completely honest with you guys, I really need to work on my food consumption. Especially when you realise that this is all on going out to eat.

So, here are the nitty-gritty of the report card for this month.

There are lots of things I could have done so much better for this month. For the next couple of months, I need to keep the line items Food; other; and travelling in budget.

However, I did manage to pay more to my debt this month. I put more than expected as it is my birthday month, and I was gifted some extra cash for it. 

The other thing I am proud to report is that all my other sinking funds during this time, didn’t get affected. My spending went crazy, but I didn’t pull money from other accounts aside from the travel sinking fund. As I was travelling this month, I was using the money how it was supposed to be used.

The downside does mean that I have emptied my travel fund and I need to re-establish that sinking fund. Ideally, I would like to travel more, however if I don’t have the money, I will not be able to.

In other news, I did start buying Christmas gifts, and I still needed to put money away for the sinking fund, so I did go over this month. I just hope the recipients like the stuff I got for them. I am not going to get frustrated with myself because I knew to buy the gifts now would mean sacrifices elsewhere.

Please let me know how your budgeting has been. What line items do you find to be particularly bad at keeping at? And how do you keep in budget with things that you overspend in?

Thank you all for reading and sticking with me through my journey. I hope to see you all next time.

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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