Shoeaholic No More

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April 2014

6

COMMENTS

May 2014 Budget Plans

Written by , Posted in Money & Finances

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3303292933_a9b5459e01_mHere is my budget plan for May:

Category
Monthly Total
Giving
$10.00
Saving
$20.00
Mortgage
$852.28
House Repairs
$15.00
City Bill
$110.00
Gas
$51.12
Cable
$77.88
Internet
$51.87
Phone
$102.20
Food
$110.00
Transportation – Gas
$50.00
Car Repairs
$15.00
Car Insurance
$93.44
Clothes and Hair
$40.00
Pets
$40.00
Household
$20.00
Personal
$20.00
Crossfit
$80.00
Cleaning
$72.00
Debt
$596.91
TOTAL
$2,427.70
TOTAL INCOME
$2,428.46
DIFFERENCE
$0.76

You’ll see that the debt category went down again this month. Since I paid off my first debt in March, I moved some the money from that payment up into other categories, mainly to off-set the increase in my monthly mortgage payment. I also had to offset an increase in my tax with holdings. While increasing my tax with holdings means less money coming in for me each month, it will prevent me having to pay a large lump sum of money next year during tax time. Most of my credit card minimum payments have gone down as well.

While last month was pretty tight, May should be considerably better. I am giving myself a little more money to spend in several of my categories. I know that I’m going to have to give myself some leeway now and then to keep on track with my goals and not go crazy from being a hermit and saving money. Although, I am also going to be trying to payoff my credit card charges from my mistake in April. Stay tuned to see if that works out.

As always, holler if you have any questions about my budget 🙂

Note: If you are interested in guest-posting at Shoeaholicnomore, email me at shoeaholicnomore[at]gmail[dot]com!

Photo courtesy of: Arielle Kristina

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Kayla

Kayla is a mid-20s single girl living in the Midwest, USA. She is focused on paying off her consumer and student loans, while simplifying her life and closet. You can join her on her journey at ShoeaholicNoMore or follow her on Twitter.

6 Comments

  1. theheavypurse
  2. Maria

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