Tuesday, February 2, 2010

Monthly Expense Report: 2010 January




After looking over our January spending we did fairly well in most categories.  Our food, automobile, and utilities came down significantly from December.  I think it was the lull after all the holidays and the big snow storm that prevented us from doing much damage. 

We are also going to implement an envelope system to reduce credit card spending.  A weekly allowance will be given to us and whatever is left over at the end of the month can be used at our discretion. 

Our Home expense was extremely high this month due to some discretionary spending at Ikea (about $300) as well as some accelerated principal payment into the mortgage (an extra $1000 in order to get to the magic 80% to get rid of PMI). 

Here is a look at our Dec 2009 just for comparison sake.



So What Can a Budget Do For You?

1 comment:

  1. nice blog dear,good woork,you explain very good....
    how to categorise and calculate monthly expenses...............
    thank's for sharing us....

    .......................
    relationship problems ! Marriage Relationship Problems Issues

    ReplyDelete