Archive for the ‘ Monthly Spending Summary ’ Category

Monthly Spending Summary (Jan.)

Thursday, February 27th, 2014

If you want to see exactly what I purchased, check the posts under My Deals for more details.

As you know, for a long time we’ve had our grocery budget set at $200 a month.  But after quite a bit of deliberation we’ve finally decided that it was probably smart to increase that amount to $220.  There were several things that factored into this change but the main reason was simply that we figured now that we are a family of five we are also going to slowly have an increase in expenses too.

In all honesty, there was a part of me that wanted the challenge of still trying to make the $200 a month work.  But at the same time, I knew I had enough other things to worry about (don’t we all?) and realized that it was really kind of crazy to leave it there.  So even though we’ve upped it to $220, I wouldn’t necessarily mind if I could keep my spending at $200.  Obviously we’d have no problem knowing what to do with the extra that we saved!  But at the same time, knowing that I have the extra $20 there a month kind of helps free me up a bit too.

You’ll see that I went over budget pretty drastically this month already and you might be wondering how in the world I even thought I’d manage to stay with the $200 a month!  Here’s the thing.  I really don’t mind that I went so much over budget because 1. I was buying ahead so that I wouldn’t have to do much shopping for a couple of weeks after the baby was born and 2. a lot of my spending was for things that I bought at Giant as part of their gas rewards deals.  We didn’t redeem our gas rewards in January but I got a huge gas savings credit in February as a result of a bunch of my purchases in January.  So basically what I’m saying is that it will even out.

We look at our budget a bit differently than some people do.  For our grocery budgeting I tend to look at it as a yearly budget.  So for instance, I went over budget in January but then I’ll try to be way under budget in February and get back on track.  And as long as I’m under budget or on target by the end of the year I don’t worry about it.  I know that might sound a bit risky, but I’ve kind of learned how to make it work and I like the flexibility it gives me.  Obviously, this method will not work for everyone and some of you are probably thinking it’s kind of nuts!  But it’s worked out well for us and so far, I’ve never been over budget when the end of the year rolls around. I know a lot of you have wondered about this so hopefully that helps answer your questions.

Anyway, here are the stats for the month:

Monthly Grocery/Household Budget: $220
Total Spent: $324.23
Total Saved with Coupons: $183.31
Total Saved with Sales: $135.82
Total Saved: $319.13 + $120.00 in gas savings (thanks to grocery purchases)

Week 1: $34.06
Week 2: $58.40
Week 3: $21.53
Week 4: $111.14
Week 5: $99.10

Ending Monthly Balance: -$104.23
This is the amount that I am over budget for the month!

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Monthly Spending Summary (Dec.)

Sunday, February 2nd, 2014

 

 

If you want to see exactly what I purchased, check the posts under My Deals for more details.

Oh my.  This post is rather over due!  I thought I had posted this back in January but when I was looking back over some of my old posts this week (I was trying to get some info for a future post) I realized that I had somehow never posted this Monthly Spending Summary.  And so here is, better late than never.

I was really happy to be able to end the year in the black.  It took a bit of work since I was over budget for the last couple of months and also since I was slowly buying ahead on some items in anticipation of our daughter’s birth.  But I managed to do it and that is what matters!

Monthly Grocery/Household Budget: $200
Total Spent:
$136.14
Total Saved with Coupons: $174.19
Total Saved with Sales: $174.09
Total Saved: $348.28 + 72 gas savings

Week 1: $69.08
Week 2: $16.06
Week 3: $90.61
Week 4: $-28.11

Credits: $11.50

This was for a money that I got back for redeeming offers with Ibotta.

Ending Monthly Balance: $63.86
This is the amount that I am under budget for the month!

Ending Annual Balance: $13.53
In case you are confused, this is the amount I am under budget for the year.   I had been over budget the last number of months but finally was able to get under budget this month and ended the year well.  Thankfully!

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Monthly Spending Summary (Nov.)

Thursday, December 5th, 2013

If you want to see exactly what I purchased, check the posts under My Deals for more details.

I was hoping to be under budget for the month, and in a sense I was because I have a couple of items that I purchased that I will get rebates for before the end of the year.  The thing is, I’ve also been purchasing some extra staples to help me out for when the baby comes.  I’ve been making up extra granola and other food to put in the freezer and also just trying to stock up on some basics like toilet paper so that we’re all set for a bit and I don’t have to worry about that.  So while I know that is causing my spending to be up, I still really hope to try to get under budget by the end of Dec. so that I can end the year well!

Monthly Grocery/Household Budget: $200
Total Spent: $209.88
Total Saved with Coupons: $249.31
Total Saved with Sales: $240.15
Total Saved: $489.46 + 20.50 in gas savings (thanks to grocery purchases)

Week 1: $82.93
Week 2: $61.50
Week 3: $50.36
Week 4: $15.09

Credits: $3.00

This was for a Staples Easy Rebate that I did.

Ending Monthly Balance: -$6.88
This is the amount that I am over budget for the month!

Ending Annual Balance: $50.33
In case you are confused, this is the amount I am over (yes, OVER) budget for the year.   Last month I was over budget as well, so by adding that amount to this month’s spending it obviously put me even more over.

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Monthly Spending Summary (Oct.)

Saturday, November 23rd, 2013

If you want to see exactly what I purchased, check the posts under My Deals for more details.

I was really happy to be under budget for the month!  I definitely needed that since I am over budget for the year!

Monthly Grocery/Household Budget: $200
Total Spent: $151.03
Total Saved with Coupons: $112.77
Total Saved with Sales: $91.09
Total Saved: $203.86 + $101.70 in gas savings!

Week 1: $24.76
Week 2: $-97.83  (for details see individual Weekly Spending Summaries)
Week 3: $93.29
Week 4: $72.64
Week 5: $58.17

Ending Monthly Balance: -$48.97
This is the amount that I am under budget for the month!

Ending Annual Balance: $40.45
In case you are confused, this is the amount I am over (yes, OVER) budget for the year.   I’m slowly digging my way out and hope to be okay by the end of the year!

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Monthly Spending Summary (Sept.)

Saturday, October 12th, 2013

If you want to see exactly what I purchased, check the posts under My Deals for more details.

Ugh!  I went over budget again this month.  I kind of knew that I was but I still don’t like seeing it.  The thing is, I’m not really worried about it and here’s why.  A lot of my spending the last couple of months has been because I was buying lots of fruits and veggies to preserve.  I’m done with that now so I know I won’t be spending as much during the next couple of months.  I also have about $60 worth of gas rewards that I earned in September and will use in Oct.  So that will help me out too.

Still, I obviously need to be aware of my spending and mindful of what I purchase.  Being over budget like this is a good reminder for me about that!  I want to be more intentional about asking myself, “Do I really need this?” when I go to buy something.  There will be times that I can definitely say no and just do without.  After all, that is one of the biggest ways to save!

Monthly Grocery/Household Budget: $200
Total Spent: $261.38
Total Saved with Coupons: $174.50
Total Saved with Sales: $144.25
Total Saved: $318.75 + 103.50 in gas savings* (thanks to grocery purchases)

* for details see individual Weekly Spending Summaries

Week 1: $40.26
Week 2: $38.65
Week 3: $129.01
Week 4: $53.46

Ending Monthly Balance: $61.38
This is the amount that I am over budget for the month!

Ending Annual Balance: $92.42
In case you are confused, this is the amount I am over (yes, OVER) budget for the year.   Last month I was a bit over budget as well, so by adding that amount to this month’s spending it obviously put me even more over.

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