June Goals Wrap-Up

1. Hit $11K into savings.
Done!  This was made a little easier since I have decided that I will probably not be able to go home for Thanksgiving.  I had budgeted $500 for the ticket, so that made it much easier to reach my goal.

2. Buy a ticket home for Thanksgiving.
As discussed, I haven’t done this yet.  I’ve started reconsidering it, though, since my trip home was so much fun.  I still can’t find tickets for less than $500, though, so I guess that will be the deciding factor.

3. Talk to my manager about my new job.
I did this early in the month, but I think I’m going to have to keep this as a goal for July, just to keep them motivated to move me over.

5. Buy Father’s Day presents.
Completed, finally.  My dad’s present was finally delivered, and my sisters and I all got to share it when we were home!  (It was a collection of microbrew beers.)

6. Submit my GRE reimbursement.
I am still fighting the company on this, and I haven’t managed to resolve it yet.  I guess this one will transfer over to July.

7. Control joint account spending.
Technically, we met this one.  This was made simpler by the fact that both Chad and I were out of state for the last 2 weeks of the month, so I’m not sure how much of an accomplishment it is.

Final breakdown after the jump…

—————————————————————————

I obsessively track my spending in Excel.  I don’t typically update it every day, but once a week (or once every two weeks) I’ll update each of the cells & cross-check them with my online statements.    The bottom cell of the columns is a fudge factor.  It accounts for the money I put into my spending account and the money actually spent out of there.  It’s complicated, but it works for me.

2008 June
  Budgeted Actual
Starting Balance $1,069.40 $1,069.40
Paycheck #1 $1,500.00 $1,505.98
Paycheck #2 $1,500.00 $1,505.72
Other Income $1,500.00 $1,505.72
Joint $1,000.00 $975.00
(Food/Utilities/Misc.) $257.50 $232.50
(Rent) $742.50 $742.50
Car $50.00 $75.00
Insurance/Registration $0.00 $0.00
Maintenance/Gasoline $50.00 $75.00
Cell Phone $41.30 $41.30
Student Loans $0.00 $0.00
Student Loans Balance $15,387.04 $15,387.04
Miscellaneous $3,339.18 $3,411.17
Clothing   $182.88
Food/Entertainment    
Books/Music    
Gifts $100.00 $49.33
Travel $500.00  
Charitable Donations    
School     
Other    
     
Deposit to Savings $2,439.18 $3,039.18
     
  $300.00 $139.78
Ending Balance $1,138.92 $1,084.35
Net $69.52 $14.95

I spent way too much on clothes, and this doesn’t include the shopping spree I had at H&M at the beginning of July.  I’m going to make an effort to hold off on buying anything new until fall, with a few exceptions (to be listed in a future post!).

Joint account spending breaks down as follows:

  June 
Utilities $167.14
Rent $1,485.00
Food – Restaurant $86.95
Food – Grocery $186.14
Auto $150.00
Misc. $144.73

As I already mentioned, these numbers are artificially low. 

 The NetWorthIQ graph isn’t updated yet, but it stayed at nearly the exact same value since my investments were falling even as I deposited money.  I put a lot of money into savings, and I feel frustrated that all the sacrifices I make can be offset by something outside my control.  I just have to keep reminding myself that this is all short term and eventually the market will pick up again.

I’m still in the process of setting up my July goals, but I will probably be able to get them posted by the end of the day.

Advertisements

2 Responses

  1. I hear that sister.

    Clothes. Bane of my existence. I’m lemming after some J. Crew, Banana Republic, Jacob and Nordstrom items.

    *sigh*

    I went into a mall today.

    I had to speedwalk past the shops so my eye didn’t zero in on anything. It’s a good thing it was too hot to leisurely walk on the streets.

  2. @FB: Clothes are the one thing that busts my budget. Every. Time. What’s sadder is that I really do hate 80% of everything in my closet.

    I live less than a block from some seriously awesome small boutiques! It drives me crazy!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: