We as a family have been using a cash-based system for our spending and budget for many years. This budget is usually a zero dollar budget which means that I typically plan how each of our dollars are spent. We do have cash to spend on certain items such as groceries, eating out and beauty products. But I have not ever that I can remember reporting here where all these funds go. I actually have not kept track of my spending in these specific areas in several years.
I mentioned last week that I wanted to complete a saving challenge over the next 4-6 weeks. The goal for this saved money is to use it for our short but fun Disney trip. The rule for the challenge is the savings must come from the cash envelopes or from money that I already have accounted for in our budget such as kids cell phone payments.
I am also planning to be accountable by posting weekly on Tuesday here where/what I have been spending. So, this will be the first of at least 4 and maybe 6 posts about this. I will be tagging all as saving so I can find them in the future.
Now to the Spending report
Sunday 4/27- Lunch out $52, Aldi for avocado and sausage $10.25. Total ($63). Monday 4/28- Zach’s baseball game $21 for 3 of us. Total $84
Tuesday 4/29- Braxton’s baseball game $12 for 4 of us. Amazon purchase for summer (15.43) Total $112
Saving Report
$20 from Matt’s check that was left over after filling the cash envelopes.
$50 for not having my nails done this week. My goal is to wait another two weeks before doing this. I will transfer the money at that point.
Saving total $70! Goal is $1000.