June Budget Busters

I mentioned several times during the month of June that it was one of the most expensive month that we have seen in a long, long time. I am going to go into a little bit more detail in regards to some of the things that helped bust the June budget. If you missed how bad I did for the month, you can always see it in black and white here.

One of the unexplained increased expenses was gas. During the month, I can not pin point any extra mileage that we had, there are no long trips. However, we were way over in our gas for the month. In addition to the extra gas money that was spent, my car also is in need of repair work. In fact, we spent over $110 of our July gas budget today to make some repairs. My hope is that with the repairs, I will gain at least a few miles per gallon and help reduce the overall expense. This summer, the kids have been super busy with something going on each day so that would probably account for the extra gas if I really wanted to figure it out.

Groceries are a much easier explanation in regards to the overage for the month. Looking at the numbers, I am over $200 over for the month but this does include a LARGE meat purchase that should last around 3-6 months in combination with the two orders from Zaycon foods that I will be picking up in the next several months. In addition to this purchase, I did purchase about 1/2 of the food for Kendall’s party during this month as well. I am been able to maintain an average spending of $610 a month for the year until this month. My goal is that with the meat purchases in addition to a lot of fresh veggies from the garden, I can lower at least the July grocery spending.

Summer activities are next on my list of June budget busters. During the summer, we are involved in several different activities that when looked at over the whole summer are relatively inexpensive however, each of these requires initial cost and most were covered entirely in the month of June. The list of these activities include pool membership, swim team and swim team meets, and piano lessons. Because this is the first time we have taken piano lessons, the purchase of a used keyboard and materials were also undertaken in June.

Finally on the list of budget busters for June is the purchase of a new dryer. Over the past several months, our current dryer which is 6 years old has slowly stopped working. It is taking 2 and 3 cycles to dry most clothes. In addition to the extra electricity that we are using to dry the clothes, it has started making very loud noises. Our electric bill crept up this month from $163 in May to $211 in July. I know that the dryer is not the entire cause of the increase but it can’t be helping matters either. Matt and I have discussed the dryer situation several times and he has attempted easier fixes such as cleaning out the hose. Nothing has worked.  The last dryer that was purchased was an emergency one. Kendall was barely two weeks old and it stopped so we were forced to purchase a dryer on credit. I did not want to find ourselves in the same situation again so we decided to do some shopping.   I currently have a Home Depot credit card and over the past month have received several promotional offers for no interest if paid in 12 months. Using a similar promotion, in the past we have purchased a lawn mower and flooring. I am very proud to say that I have not paid any interest to Home Depot in 2 years so I feel very comfortable saying that I will complete this offer in the same way. Interesting enough, I am scheduled to  make the final payment on the card in July. After looking several place and doing some research on the best options, we chose a dryer that was on sale for $599. It will be delivered on Saturday! I am hopefully that this will actually help our budget in the long run and will plan on paying off the dryer in 7 months just in case I need to stretch out some payments.

I have been some time today looking at our July budget and am very optimistic that it will not contain any more budget busters!

 

Kendall’s Party- Part 2 “The Fun”

Kendall’s Birthday Party- Part 1 Decorations

I have lots of pictures I want to share so I am going to start with the decorations and food for the party!

June in Review

Blogging:  Goal: 15 per month  This is post number 10. With the computer change at work, I am struggling to keep up with anything in life.

Weight: Goal to exercise 3x a week and to be down to 150 by December 2014.  I am still using the weight loss prescription and am continuing to loss a pound a week so I have definitely made progress. Goal Met!

Financial Goals:

1.  Pay off credit card debit by June.   Our dryer is on it last leg and after some thought and debate, I will be using the no interest for a year options to make this purchase. I am going to modify this goal to read pay no interest on credit card debit.  Goal met for this month.

2. Emergency Fund to $2000.  Limited progress this month.  I am continuing to struggle with this. I do have a plan to have $725 in this account by the end of July.

. 3. Groceries: Spend $600 a month-  Total Spent $816.63.  This did include the majority of food for Kendall’s birthday party. But ouch, a huge area that I need to get under control in July as well.

4. Gas: Spend $400 a month with any remaining to be move to Auto fund for repairs.  Total Spent $470. Looking back over the month, this amount is strictly gas. I am afraid we are doing a lot of travelling. This may need to be adjust because we have been way over for the past several months.

 

Overall, I was able to meet only 2 of the 6 goals posted here.  I knew going into June that this would be a very expensive month but we also had the biggest revenue month ever as well.  My plan is to spend some time in July looking at our finances and determining if some of my goals are realistic or do they simply need to be revised?  I don’t like doing  an update with so little positive things but I also know this might just be the wake up call I need to start looking more closely at budgets and such.

Saving at Harris Teeter

I have been looking at the Harris Teeter ad for several days now, trying to decide it I should make a trip for this week or wait.  I am reading rumors that they will host a “Super Doubles Event” in the next few weeks, but after a little more printing, I knew this would be an awesome week to go.  I was able to load my card with the ZVR coupons (Harris Teeter) and I even signed into Saving Star to make sure I could get the best deal.

Bright and early this morning we headed out to Salisbury. I am so glad I did!

Total Spent $65.01
Total Saved $109.56
Percent Saved 63%

Once everything shows up in my Saving Star, I am also eligible for $10 cash back!

One of the reason I am so excited about this trip is the number of convenience foods, I was able to grab. We spend ALOT of time at the pool during the summer but there is no way we can afford to eat out or even just buy snacks at the pool each time. So today was awesome, I grabbed around 20 Lunchables- great for swim meets and if they last that long to take to the beach, 5 packs of Hunt’s pudding, 8 boxes of Granola bars, 4 boxes of fruit by the foot/fruit gushers and 5 cases of soda for Matt to drink at the pool and also for the beach. These are all easy things to carry to the pool. In addition to these items I also included in my purchase was 2 boxes of Hamburger Helper, 2 boxes of Suddenly Salad, 3 boxes of Stand up Taco shells and 2 bottles of salad dressing.

I keep a spread sheet for the year with most of my best saving trips on it. This is not the best trip as far as percentage wise that I have saved but it is the second largest savings dollars that I have achieved this year!

Budget Update-Mid June

 

As I predicted May and June have been some of the most expensive months for us. However, God has provided, Matt has been able to complete a major website and I have been picking up extra work due to the change of computer system at work. Between the two, we are actually way ahead of where we were even 3 weeks ago. I am not going to include the update on groceries or gas because we still have several weeks in this month but I am adding new goals and I am excited at our financial picture looks currently.

Monthly Goals

: 1.  Pay off credit card debit by June.  Home Depot will be paid off completely in July!  I have a small balance on my JCPennys card as well but it will be paid as well.

2. Emergency Fund to $2000.  Currently sitting at 625. I will have to “find” the money for saving in July however starting in August $100 will be budgeted to savings each month. I will need to boost this amount to $200 each month to met the goal but we do have progress.

. Short term goals: These are planned to be covered in June with extra income.

1. $400 pool dues–  Paid
2. $200 for music/piano lessons for the girls this summer-      Paid in addition to a used keyboard purchased for practicing.
3. $46 Kids dentist bill  Paid.

Additional Short term goals for the month of June- these were added at the end of May. 

4. Purchase of new “tent” to use at swim meets.
5. Update Emergency Fund to $625
6.  Cheerleading Expenses for first of July- $750 including new shoes for Lily. 
My plan is to use most of my extra check in the month of July to cover these expenses.  I am updating this goal to cover all known expenses( $1910)  except for the monthly fee which is already part of our budget.  After meeting  this goal we will start to save at least $100 for each of the competitions scheduled for the year.

NEW Short Term Goal:  Save around $500 for some minor car repairs that are needed on my car. Currently it needs new wheel bearings and a new window shield prior to the inspection taxes and tags due in September .

Long Term Goals: These are for the next 6 months

1.  $2000 to repair our septic system- I have no clue of the cost for this but this is a save range. I will be counting our Emergency Fund in this amount for the time being because if it cost less than anything left will stay in this fund. No progress
2.  $1000  to replace the floor in our Living room. No progress    We have decided that it will be in our best interest to skip the huge expense of remodeling this year until we have covered the cost of repair to the septic system.

 

As you can tell we still have a lot of known extra expenses but I am hoping to stay on the right track and meet all of these prior to the end of the year.

Square Foot Garden Update- June

I am so totally excited to be able to pick and enjoy vegetable from our garden. I can say without a doubt that this year, we are getting the most and best veggies that we have ever grown.

Yesterday we harvested our first major amounts. For the last several weeks, we have been picking squash and a few random cherry tomatoes. But yesterday we harvested 2 green peppers, squash, several cucumbers, several cherry tomatoes and enough green beans to cook and have as a side dish. So far I have frozen around 8 packets of squash for casseroles and given away at least that much. I can’t wait till we can restock our tomato sauce. I have not bought any tomato products in 2 years but my freezer is empty of these so I hope to get a huge harvest in by the middle of July.

We have decided to make one change for next year, I will be adding an additional bed on the side for just squash. This should allow us to have more cucumbers as these are our current favorites.

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Finally a sample of what we are getting..

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