Tuesday, April 28, 2015

Oops! I am going on vacation in May

I've already hit a snag with my plan for May. I have a planned trip away with my boyfriend. We have an airbnb booked, and will be driving about 100 miles away. Not the most frugal plan, nor an ideal time, financially. It does allow us to spend extra time together which has been severely limited by my school and work schedule. 

Trip costs:
  • Airbnb: $112 (There is a kitchen and some breakfast is included.)
  • Gas: $66 (budgeted for 120 miles, at $0.55/mile)
  • Food: $40 (I plan to bring a lot of food, especially for breakfast and lunch. This will cover a couple of meals out, I hope.)
  • Activities: $10 (I'm not sure what we're planning to do yet. This could be for a punk show.)
Total: $228

Before even remembering about the trip, I decided to sell $1,000 of stock to cover my rent next month and pay of my credit card ($605.) I wasn't going to have enough for rent, and it was going to take me a long time to pay the bill. Now I can knock them both out, and then amass some extra cash in my account by cutting my spending. 

Sunday, April 26, 2015

Day One: Setting limits on my spending

My spending has gotten out of control.

I became a full-time student and have been buying lots of prepared foods as well as eating out. This month I have spent over $100 at the coffee shop where I like to do homework. Not that long ago my entire food budget was $100!

I will barely have enough money to pay rent in five days. I need to make some changes.

Starting today I am keeping track of all my expenses again. For the month of May I am only spending money on:

  • Rent: $600
  • Utilities: variable, but I will estimate $40
  • Interent: $21
  • Phone: $40 (I want to look into a cheaper plan)
  • Food: $100 (NO eating out, coffee shops, vending machine food)
  • Prescriptions: $8
  • Laundry: $5
  • Netflix: $8 (This is a luxury expense, but one I am going to allow myself for now.)
  • Things I am about to run out of: toothpaste $4 (Not sure of the price)
  • Donations: $12
Total: $838