Life, Money, Uncategorized

Facing the hard financial truth

So many months ago my therapist recommended I put myself on a budget and keep track of every expense. I downloaded an app and started: 

$27 groceries, write it down. $18 gas, write it down. $57 dinner with Mona… You get the point. 

And I did diligently. For about 3 weeks. Ugh. Story of my life. Inconsistency. So for the past 4 months or so, I’ve been writing half my expenses down and trying to moderate the rest of my spending. Which means I’ve been half-assing my budget.

Now I haven’t been spending extravagantly. I’ve been eating home a lot more. Spending more nights in, seeing fewer friends out, if at all. 

And yet, my savings is still going down, even with my second job (some months I didn’t put that towards my credit cards but towards my savings yet it still has gone down. )

Truth be told, my budget is tight and any extra expenses hit my savings. $200 in gifts for 2 cousins’ baptisms? From my savings. $500 deductible from a car accident? From my savings.  $600 dental work? From My savings. My therapist went up an extra $55 every 4 weeks? From my savings. Over the months, non-expected expenses adds up.

And honestly, putting $1000-$1400 a month towards my credit card was overly ambitious, but I can’t stop now. My debt is at only $1,900 now. The goal is in sight. I’ll be done by December 1. 

So this month, I re-dedicated myself to tracking my expenses on my app. And to make it easier, I text the expense to myself immediately. For some reason, entering into an app right when the expense is incurred is a chore, but texting is easy. So I send myself a text and enter it into the app later.

And boy, I can see where my money is going. Food is going to be a problem with the amount have allotted. It’s only Oct 5 and I have less than $100 left. For the MONTH. 

(This food expense is for me alone. Anything that involves Mona has its own budget.)

I’m playing the responsible and dependable game and I am going to make this work. My friends are asking for a night out. I do have a budget for my own stuff, which has taken a hit already ($50 Dr copayment, $22 movie, $40 home supplies.) I may have to push the dinner to November. Or just pass on it. I do have a budget for saving $27 every week. I’ve touched it often but now I have over $100 in it. I don’t want to use it. 

Honestly?  I had no business starting dating Mona. Or getting a new car lease in Sept 2015. But here we are.

This is a hard time in my life. I gotta keep my nose you the grindstone and make the tough decisions. That and be serious about making more money. 

And KEEPING more money. 

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5 thoughts on “Facing the hard financial truth

  1. My family always made fun of me for being a tight ass with money, but the joke is on them because I’ve never had debt (ok, I have a car payment but it’s 0% interest). I didn’t have a tight budget, just knew that I liked having money in the bank so I never spent it. Now that I have a kid, the budget is tight because I spent all of my savings ($15k) to pay for my pregnancy (uninsured) and now I need to ramp it back up again. If you need tips, let me know 😉 I also use Every Dollar.

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