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Viewing the 'Budget' Category

Spent Some of That Vacation Budget

April 6th, 2018 at 07:15 pm

I finally got my rear in gear and made some airline reservations! I booked my daughter's trip home for the summer. We always do this one way since we don't know exactly when she plans to arrive on campus for the fall. This usually works out in our favor with decent one way tickets. This one cost us $155.

Next I booked our tickets to travel back to the last state we lived in. This is where our youngest daughter will go to college in the fall. I don't disclose exactly where we live because my husband is military and has asked me not to. Smile Our daughter has orientation at the end of June for two days. We will leave on a Friday, have a free Saturday, orientation on Sunday and Monday, and then a free day on Tuesday before flying home on Wednesday morning. Our oldest daughter is coming with us in hopes of seeing some old friends. The airline tickets cost us just over $1,600! Now you can see why I needed to be adding to the vacation budget this year!

I will need to book hotels for five nights AND get a rental car. I think at least three of the nights we may book at a hotel with a kitchen, so may just eat in those nights for dinner and have breakfast provided by the hotel. That will help quite a bit. The good news is I have one free night at Marriott as well as points we can redeem. So it appears we may only need to pay for one night out of pocket. I also looked briefly at rental cars. I have some discount options to consider, but guess at least $150-$200.

We may also do a test run of the shuttle my daughter will take to get to and from campus to the airport on her visits home. She will not have a car. We expect a trial run, may help ease any anxiety about the process. This will cost us about $59 for two of us one way. Not exactly frugal, but helpful. We may change our minds on this, but right now seems like a good option.

Vacation Budget Status

April 2nd, 2018 at 11:55 am

I think I mentioned we are likely to need to do some travel this year, primarily to visit our youngest daughter's college for orientation in June and later in the summer to move her in. I also need to buy our older daughter a plane ticket home in May. I should do that any day now. And we are also planning a small trip to the mountains this summer as a family. We will drive, but will need to cover fuel, hotels, food and activities.

I was able to add $500 this pay period to the vacation budget. We now have $3,427.56!

I don't have an exact number we need. I suppose I should start estimating that! It's starting to feel like a lot of hotel nights! We do have some points with Marriott, so will likely use those for some of the nights we need to cover. May need to get creative for other nights to pay the least out of pocket, but within our comfort zone.

I expect to be able to add more money as the weeks go by!

My Blogoversary

March 27th, 2018 at 12:39 pm

A few random updates.

I returned an item I bought last week to Walmart. It just didn't work like I thought it would. That put $3.94 back in our pockets, which I probably did really spend again, because I needed several things while I was there. And I also bought my husband Star Wars, Last Jedi that came out today on Blu Ray. I lucked out that he never paid money to see this in the theatre, so only buying the movie is a win! Sometimes it seems we have to do both. Ugh!

I earned $5.10 from Ibotta this month. Not a lot, but I don't buy many of the things they offer.

I have not been doing Swagbucks much this month. I have 1490SB currently. I'll just keep accumulating them when I feel like it. I also have almost 2500 MyPoints, which seems to be owned by the same company as Swagbucks!?

We had our daughter home for Spring Break last week. We did some extra eating out as a result, which I expected and planned for. And guess what, next week is my younger daughter's spring break!? I don't think it will cause us to eat out more, but I'm thinking we may do some shopping for clothes, or even some college dorm room items!

Budget is getting a little tight as we near the end of the month, but payday is Friday, so I expect I can stay within the budget we put out for March.

I missed my TEN year Blogoversary earlier this month on March 12. I'm quite shocked I have stayed at it this long. It's been fun, and very rewarding to reach towards our goals, andcheer each other on in this community all while creating a log of our financial happenings!

Rewards & Spending

March 19th, 2018 at 11:57 am

In the last week, as I have paid our credit cards in full, I found that two of them had rewards I could redeem. I redeemed $22.11 in cash from our Chase Freedom account. We have been using that card for fuel, cable, phone (Ooma) and Netflix purchases this quarter to earn 5% cash back.

Our American Express card had earned another $25 in rewards. This is applied as a statement credit, but I did put that same amount towards our Big Goal.

Today was a little spendy! My husband is home from work while our daughter visits. We ran to Target to pick up a sympathy card, light bulbs, shaving cream and packing tape. We decide to make this our day out to each lunch. We will eat at home the next few days, with more eating out to celebrate her birthday later in the week. And finally, we picked up some hair product our daughter uses from Ulta (did have a coupon). That was $83 of spending! I'm glad I added extra to our budget accounts.

My husband is going to get the oil changed in my van tomorrow. We have been saving for car maintenance, so no worries about finding cash for that! We are set.

Tonight I'm making [url=https://www.budgetbytes.com/2017/09/lemon-garlic-asparagus-pasta/] this [/url] for dinner. Some of us will add chicken. I'm also going to use some hamburger buns to make a garlic bread. I've made that recipe with green beans instead of asparagus with good results...even more frugal.

Daughter Arrives Home Today

March 17th, 2018 at 05:46 am

Our daughter arrives home today for her spring break! We have to drive a little over an hour and half to pick her up. Southwest doesn't fly into our town and we love that airline! It's also less expensive. Smile And yes, I realize there is gas and parking and often lunch after she arrives.

I have added extra money to our budget accounts while she is home. There is definitely more groceries to buy. And we have plans to go out for sushi and pie. Not on the same day! Smile My husband will be home most of the time as well, so we hope to get out and do some things together. Many will likely be free, but a movie out is a possibility too!

I think she may want to go spring clothes shopping too. Another budget category I added extra to for the remainder of the month.

Oh, and her birthday is next Saturday....so I need to finish shopping for that as well. I have a couple items and if I don't pick up anything else I will likely give her cash. She does have savings goals! Smile

We are excited to see her!

Happy St. Patrick's Day!

Lower Electric Bill

March 14th, 2018 at 11:03 am

With the warmer weather a couple weeks ago here in the Southeast, the furnace and air conditioner were not running much at all. The weather has cooled again in recent days, but the end result is a much lower bill from last month.

Remember my bill in January (due in February) was $350?! Last month it came down to $250. And this month, the bill is $161. This is still higher than I like, but for this home it seems to be the near minimum for running everything. I think I will start funding the electric account with a minimum of $250 each month to help level out the larger bills sure to come this summer. It's easy to do this in YNAB and let the money keep rolling over from month to month.

Payday is tomorrow. I will pay all credit card accounts in full, reconcile any accounts in YNAB (did some today) and fund everyday spending for the second half of the month. I will also fund the bills and withdrawals (such as Roth and college investments) and our sinking funds.

I'm more hands off with finances than I once was. Once you have excess funds, you don't have worry about overdrawing your account, or finding money when a larger bill comes in because you have funded it in advance (sinking funds). And YNAB helps keep track of all that as well.

Happy Pi Day!

Snowflakes and More

February 27th, 2018 at 06:31 am

I redeemed Swagbucks recently for $25 deposit to my PayPal account. I sold two items on eBay and netted just over $15. I just transferred the money to our savings account. This is Big Goal money!

I did a ShopTracker for Pinecone Research, but I have not seen the credit to my account yet. That should be $3 when it arrives. And I JUST got the email that it has been credited as I was writing this. Timing is an amusing thing!

Payday is on Thursday, so I just paid off all credit cards and they are now back to zero. I do this twice per month, no interest is ever paid on the credit cards we use. Our February spending actually ended up being only $75 more than in January! I was surprised, as we had guests and we weren't trying.

I'm looking forward to adding up our interest for the month of February. I noticed that one of our accounts has increased the interest rate to 1.60%. Such a relief to us savers to see interest rates moving in a favorable direction.

I will balance and reconcile all accounts in YNAB later today or tomorrow. Some accounts are simple as we use them for just a few transactions a month. Other accounts take a little longer. Once they are all up to date, then I toss nearly all receipts, keeping only those that I may need for a return or for long term reasons, such as insurance claims or taxes.

Higher Grocery Bill

February 13th, 2018 at 05:27 am

Wow, the first half of the month is nearly over! My parents were here for 12 days, and boy does it show in the grocery budget. We spent $202 on a full grocery trip three days before they arrived. And then proceeded to spend $276 more in groceries while they were here! We did eat very well and I know there are leftovers I can still use up in the coming days.

And believe it or not we even went out to dinner a few times. We picked up the tab for my mom's birthday at a sushi place. They bought me lunch at a Indian restaurant, Panera and another lunch at the sushi restaurant. Otherwise all meals were cooked at home, but I guess we picked all the expensive ingredients!

So maybe we can get the grocery bills lower in the second half of the month. I do know my daughter and I will be eating leftovers for dinner while my husband is at a work event this evening. I will need to take stock of what I have and make use of it as the month progresses!

Closing Out January

January 28th, 2018 at 04:18 pm

For the purposes of this blog and January Uber Frugal month, I am closing out our budget. We went grocery shopping today, but I am not including it since most of the food will cover more days in February than January. I did include the fuel we bought for the van, which was $41.96.



It doesn't show in my screenshots, but we were over our budget by $36.05. Not bad at all considering several things were not planned, such as the dinner on Friday, buying vitamins for our daughter or buying a new fridge water filter. And yes, our groceries are probably inflated, not for eating more food, but for buying high quality food. We are dieting so we are actually eating less..and have both lost weight!



I zeroed all the categories out. This is how I end each month in YNAB. The remaining amount that we didn't allocate to anything this month $1,648.89! Lower spending does pay off! I will add the money to various long and short term goals. Some may go to the Big Goal, most of it will go to bigger expenses that we expect later this year.



Just so you know we are very unlikely to have spent all of that $1600 in a regular month. Compared to December 2017, we spent $1200 more than we did this month. And we spent $450 less than last January. I feel we were very successful this month.

Dinner and Grocery Spending

January 27th, 2018 at 11:20 am

We had a very nice time eating out. We did really good considering it was a brewery...we didn't drink! And I only had water with my meal. We spent three hours there and spent $38.61 on our entrees and DH's diet coke. He tipped generously with $8, for a total of $46.61 spent. So we are definitely over our frugal January restaurant budget. However, you really can't say no to an invite by friends that you don't see that often.

We stopped by the grocery store last night before coming home because we needed eggs. I did remember a few other needs(flour, turkey crumbles, cheese) as well, along with two requests from our daughter. We spent another $29.94 in groceries. We are now over the Uber Frugal budget in groceries too.

Despite going over budget in a lot of budget categories this month, we have done really well. I purposely put the budget low to keep us thinking about our spending. We have months where we just don't monitor it as closely. That's why I find these low spend months so helpful.

Here's what the Everyday Spending categories look like right now. I will probably end our reporting of our spending and Uber Frugal month after today. We have guests coming and I need to get some things purchased (specifically groceries) tomorrow. Notice how there's just $10 left! That's cutting it close isn't it?



The good news is there is plenty of cash to still be allocated to savings. I'll share that amount tomorrow!! It's a pretty big number. Smile