It's been 3 months since I quit my day-job to work part time and start utilizing my passion for music, and about 3.5 months since Josh and I committed ourselves to a monthly budget. So, I though it was high time to check in and let you know the status of our venture so far!
There are some things I really love about budgeting. It forces you to really keep a record of the money you spend, so the feeling of "gosh where did all our moolah go?" really starts to dissipate.
I think that's the only thing I love about budgeting. Truth be told, we stuck to the budget for the 1st month and then things kinda went haywire. Have you ever tried "budgeting" a home-improvement project? If I had a quarter for every time we ran to Wal-Mart or the Home Depot for supplies, I would be an extremely wealthy woman. Or, at least I would have enough for a latte.
Also, I way underestimated the amount of money we would spend on groceries. We budgeted $160 (I know, it's ridiculous, but I used to survive on $10 a week in college so I know it's possible!). I'm rather ashamed to admit this, but in February we spent $214, and so far for March we've spent $250. Oops, there goes the budget.
Before I quit my job, I had huge aspirations of becoming a Coupon Queen and saving obscene amounts of money on groceries. I do shop with coupons, and it has definitely saved us money, but I've learned that it takes a lot of time and patience and isn't nearly as easy as I thought it would be.
So there's the "State of the Budget" address. I'm determined to cut our grocery costs back down again, so this month we will be shopping almost exclusively at Aldi's! Also, I'll be referring to www.pocketyourdollars.com often to help me plan out where to shop and what to buy! It's a GREAT resource, and run by a lady who lives right here in the Twin Cities!
So, have you ever felt yourself being beaten down by a Budget? Any encouraging thoughts or words of advice? I would LOVE to hear them!