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May Expenditure Totals

May 31st, 2009 at 03:15 am

Income: $5454.10

Expenditure: $5250.89

Mortgage Payments: $1572.46
Groceries: $498.81
Petrol: $246.74
Phone & Internet: $77.39
Car Registration (2 x 1 year): $1058
Electricity: $79.35
Car Repairs/Expenses: $63.00
Mobile Phone: $58
House Insurance: $69.56
Life Insurance: $53.67
Car Payment: $148.00
House Spending: $189.00
Work Expenses: $20.00
DF Fun: $413.83
WS Fun: $234.04
Clothes: $211.90
Dining Out: $78.60
Entertainment: $153.54
Misc: $19.00
Bank Fees: $2

Remaining: $203.21

NOTES: Groceries are higher this month due to our housewarming party - however, we are only $4 over 'budget' per week. This is probably due to me cleaning out the pantry at the same time. So it is good I decided to do that this month!

Car Registration is what really set us back this month. I mean, it didn't set us back, but, if we didn't have to pay it, it would mean we could have sent $1058 more to our mortgage or savings this month. As it is, we only have $203 remaining after all of our expenses. Which means, next month should be great. (SHOULD be).

DF is still spening more than his allowance per week. This month it was $23 per week. I said to him 'I have spent $2 less per week than I am allowed, and you have spent $23 more!' and he said 'yeah but you don't buy alcohol!' and I said 'yeah, but I get $20 less than you per week, and I have coffee with friends three times a week, buy my makeup and clothes and magaziens out of that too, remember!' Hrrrmmmmph!

Clothes expenses are actually out of my stimulus money - but it is an expense, and I added our stimulus money into last months income, so that is why I am listing the spending this month.

Dining out and entertainment aren't too bad, but could be better. $50 of that was for food for the party too (I bought it from work so it didn't really count as groceries).

DF got a cash withdrawal from another atm so we were charged a $2 fee, that's why we have bank fees this month. GRR! lol.

The $203.21 remaining will be paid into the mortgage. I am also going to start next week putting $180 into our E-saver account for bills. When I pay a bill I will just record it, and then transfer it back at the end of the month into our main account.

I am also going to start splitting the leftover money each month into two groups: mortgage pay off and EF fund. Even though it will be going into the same account, I will record it in a spreadsheet so that I have totals of how much we have put into each. Once things start settling down we will work out a buffer amount of how much we want in our everyday account (I was thinking $5k is a nice round number, but it's possible we could do $10k).

So, here's to June!

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