i’m about to get really transparent! i’m excited to share our budget, as i’m almost constantly thinking about it! once our debt is paid off, i wonder what i’m going to think about…i look forward to that time.
i know this isn’t perfect yet and it’s still pretty cushy. soon, i think i’ll have a comparison of what could go to debt if we stripped the budget even further.
also, i should mention that we haven’t ever got this budget right so far and we’ve been doing this since november 2014…we’ve always overspent most of our categories, but i know we can fit within them, so we need to keep trying.
net income: $6599.17 with 4 paycheck total.
total expenses: $4614.41
anticipated debt paydown: $1983.76
mortgage, insurance & taxes: $1471.42
HOA: $250, this includes water, trash, recycle, outside maintenance, roof maintenance, pest control and landscaping.
gas/electric: $50. we live in southern california, no need for air conditioning or heat, except for about 4 weeks a year. we just battle through those relatively hot or cold times.
phone: $25, neil has a prepaid phone for $25 a month and i use google voice for free.
gym: $35, two memberships and childcare included. neil uses it often, i haven’t used it since december 2014, but the childcare is great for us both to get a break.
compassion international: $38
fun money: $200, i mostly use this for eating out at lunch time and starbucks…this needs to change and i am getting better.
arya: $40, mostly for diapers, wipes, clothes and snacks/toys
hygiene: $30 for haircuts, waxing, barber shop, soap, etc
date night: $25, this is new
clothing: $50, this is newer
misc: $100, this is new
car care: $300
car insurance: $50
car registration: $25
amazon prime: $10
sports equipment: $20, neil wants a beach cruiser and kayaks
technology: $20, i want a color printer and neil wants a smartphone, i also think i want an iPad.
daycare: about $400