Okay, so, I've made some changes to the format of my budget, as outlined here and here. I have switched to the envelope system, but by 'envelope', I mean, fancy coin purse. That's right. Hah.
By the by, how does one actually spell 'envelope'? I feel like I'm messing it up everytime I try to spell it. I'm smart, I really am....
So, my new budget spreadsheet looks like this:
I have decided that rather than applying any leftovers from my budget to savings, I will put them into my last coin purse, which I have labelled 'bonus'. I figure if I know I have to save the extra cash, I am more likely to just spend it, so this way, if I want something really bad that is our of my budget, I can try and save as much as possible, and convert the extra cash to apply towards that purchase. Right now I have $7 in it, which was leftover from last month's non-existant budget.
Also, rather than carrying around $800 in cash at the same time, I'm taking to pulling out $200 a week every monday.
I will then break it down like this:
- $63 - Food
- $12 - Transportation
- $50 - Personal
- $25 - Entertainment
- $50 - Misc
Today is the first day of my new budget! I'm going to visit the bank later this afternoon and take out my $200. I will also deposit a paycheque and some other earnings. Excellent!
I have also set out a number of both pf and non-pf goals for April:
Pf Goals
- To not go overbudget in any category.
- To contribute at least $1,400 into London Savings
- To bring a lunch 3/5 days a week.
- Don't buy anything that I won't be bringing with me to London, except perishables and (some) clothes.
- Renew my Learner's license.
- Make $15 with PPP.
Non-Pf Goals
- Get my paperwork filled out for my VISA.
- Get passport photos taken for VISA
- Visit Edmonton and get fingerprints taken (I think this is cool!).
- Set daily goals at work and accomplish them.
- Find my mom a killer b-day present.
3 comments:
You're going to need a bigger purse if you're going to put the leftover $$ in there :-) After a few months anyway :-)
Your taking major steps for your move!!! I hope it goes smoothly.
Your budget looks great! Good luck :-)
Your budget DOES look great..
It is spelled "envelope" by the way :) en-ve-lope is the way I remember as I sound it out.. yes.. very kinder of me.
As for the whole.. cash thing. Wow. I couldn't do the cash thing. I rely on my credit cards + debit cards to keep track of where my money went, but I treat it like cash.. when I buy something on CC, I go home and pay that exact amount right away
I think you do an incredible job! Your budget is a perfect, fun way to keep track.
Keep it up girl, you are inspiring!!!!
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