I usually get this post completed in December and I usually look forward to reviewing and writing it. Well like everything else in 2020, that did not happen. But I am going to take the time to recap the year and my goals and also include what we will be working toward for the next year.
Groceries– 2020 goal was $550 a month. I was able to achieve this goal four times this year, January, August, September and October. We have spent a total of $7578.12 on groceries or an average of $631.51 a month. After review and consideration I am going to increase the budget amount to $650. I will review that all household cleaning products and paper products are included in this amount. For January to kick start the year, I am going to complete a pantry challenge and plan to spend $100 or less for the month.
Auto/ Gas / Insurance: We did separate out our insurance and AAA membership from this budget. I transfer $99 a month to cover our car insurance and AAA membership. AAA is paid on a yearly basis and car insurance is every 6 months. I am proud of myself for being more careful with keeping up with car expenses 2020. We have had several unexpected expenses such as 2 replacement windshields in addition to a $500 deductible for repair of the passenger side of the van. We are using our part of our stimulus money to cover the van deductible but both windshield replacements were included my records. For 2020 we spent an average of $318 a month in auto expenses. My goal for 2021 will be $400 a month with any excess to be applied to debit.
Cash Envelope system- GOAL Met! I do plan to keep using this system as I can see the benefit of it. For the months of January-March an “extra” money will go toward our Disney trip in April to cover the food expenses.
Goal #4- Blogging- 15 post per month. This is more of an accountability goal for me. I met it this year 5 of 12 months. I am not going to change this goal as I can do it when I have time and focus.
Goal # 5- Fitness– Goal is to walk 3 times a week. I struggle with this goal. But I know the accountability is important so I am going to change the goal to Exercise of some type at least 10 days a month. This should allow some flexibility and also encourage me just to move.
Goal #6 – Bible study- Goal- 3x a week –Again this is truly an area that I struggle with. I am going to try and listen to a podcast on my way to work each day. So I am going to change this goal to Read or Listen to the entire Bible in a year.
Goal #7-Attempt at least 52 new recipes this year.- Currently on #59 GOAL MET!
Earnings- This has decreased significantly over the past several years. In 2014 I could earn $200 a month on a regular basis. In 2020 we struggled to earn $50 a month. I leave this at the bottom just to help me remember every bit helps.
No Spend Days- I am going to add this section each month in order to see if I can get a good rhythm going to saving money by not entering the store!