That's the goal anyway.
Here's month #7 for 2020:
Spending:
Compared to Last Year –
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| green: this year, yellow: last year |
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| compared to last year (green this month, yellow last month) |
Where We Spent Our Money:
Top 10 Merchants:
1. Everlane (Justin clothes, many returns will be made)
2. Car insurance
3. Tire Rack (new tires, need to submit warranty)
4. Costco (groceries)
5. Lorimar Winery
6. ASOS (Mandy clothes)
7. Amazon (groceries)
8. Thunderbird Hotel
9. Alamo Rental Car
10. Electricity
Top 10 Categories:
1. Shopping
2. Auto & Transport (tires, traffic ticket)
4. Food & Dining (wine, birthday)
5. Travel (3 hotels, rental car)
6. Bills & Utilities
7. Fees & Charges
8. Gifts & Donations
9. Life Insurance
10. Car tags
How Did I Do On My Financial Goals for July?
Budgeting:
✗ Restaurants – over
✓ Hair Appointments - under
✗ Gas & Fuel – over
✗ Groceries – over✗ Restaurants – over
✓ Hair Appointments - under
✗ Everything Else – over
Net Income:
Debt:
student loans
I had some issues changing a loan's information, so it looks like we owe more than we did at any other point this year, but we don't.
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| credit cards |
How Did I Do On My Financial Goals for July?
✓ Get patterns listed on Poshmark.
✗ Go through more magazines (goal of 10?)
✓ Compare car insurance quotes.
✓- Roll quarters and take them to the bank.
✓ Make Macy's returns.
✓ Make Macy's returns.
Numbers:
Overview of the Biggest Impacts This Month:
1. Car insurance
* Loan Payoff Date 8/1/24
* Credit Card Payoff Date 8/1/21
* Emergency Funds: $13,032• 401K $53,359.99
• Credit Scores: 771 (Justin), 756, 754 (me): down for both of us
Overview of the Biggest Impacts This Month:
1. Car insurance
2. Travel across country (gas, rental car, hotels, wine, food)
3. Retail therapy: clothes purchases for both Justin & myself
4. New tires
5. Returns. Recognizing that clothes don't work and getting money back!
What went wrong this month?
1. Car insurance
2. Tires needing replacement; not submitting warranty info yet.
3. Not seeing returns posted as quickly as I'd like.
4. Retail therapy -- buying unneeded clothing.
5. Realizing some items I was hoping to sell online weren't in decent enough condition to be sold.
What went right this month?
1. Selling items - $100 worth of stuff
2. Finding out I still have a job!
3. Getting stains out of clothes I thought I might have to replace!
4. Spending less driving across the country than we would have flying.
5. Having $40 in quarters!
Financial plans/goals for August
1. Pay Knights of Columbus dues.
2. Submit tire warranty info
3. Decide on returns.
4. Continue listing things for sale online (maybe 5?)
5. Adjust budget based on work schedule.
