This month that is. I did not do well at all; over budgeted big time
I did not even meet my $1000 mark for April in regards to the challenge, so for the month of May I have got to hit the $4000 mark in order to make up for April this will be tough but I think I can do it
Any how here are my totals:
Monthly income and expenses
4/1/2007 through 4/30/2007
Subcategory Apr-07
Income
Other Income
Gifts Received $18.49
Other Income - Unassigned $46.84
Total Other Income $65.33
Refund $121.85
Wages & Salary
Wages & Salary - Unassigned $3,107.88
Total Wages & Salary $3,107.88
Income - Unassigned $1.55
Total Income $3,296.61
Expenses
Automobile
Gasoline $106.18
Total Automobile $106.18
Bills
Cable/Satellite Television $81.87
Electricity $93.29
Online/Internet Service $60.52
Telephone $42.27
Water & Sewer $44.08
Total Bills $322.03
Charitable Donations $20.00
Clothing $321.50
Contact solution $2.24
Dining Out $193.60 Too high
Education
Supplies $2.00
Tuition $100.00
Total Education $102.00 [b]
Gifts $105.74
Groceries $173.10
Healthcare
Dental $11.65
Physician $30.00
Total Healthcare $41.65
Job Expense
Non-Reimbursed $29.06
Reimbursed $43.98
Total Job Expense $73.04
Leisure
Movies & Video Rentals $20.00
Newspaper $1.25
Total Leisure $21.25
Miscellaneous $49.33
Personal Care $173.82
Sales Tax $35.17
School Supplies $0.00
Snack $1.10
Taxes
Federal Income Tax $310.49
Medicare Tax $45.07
Social Security Tax $192.69
Total Taxes $548.25
Expense - Unassigned $12.73
[b]Total Expenses $2,302.73
Income less Expenses $993.88
Glad it's over...
April 30th, 2007 at 01:03 am
May 9th, 2007 at 08:47 am 1178696856
Also, if you're still working 2 jobs you might be able to cut the internet bill down as well. Dial-up (sucks, I know) can be had for $10/month (saving $50), or if you have a laptop you can scope out the wifi spots in town and cancel your internet service altogether. I used to go to the public library and use their wifi for free.
And the clothing expenses (and maybe the personal care, not sure what that includes?), even though you return a bunch of it that's kind of a bit much. Maybe not for a girl, but for someone trying to save money it is. I've seen you make a lot of progress over the last 6 months or so; if you can make the last few tweaks to step it up you'll really see some progress.
Even if you cut those 5 categories in half (internet, cable, phone, clothing, personal care) you'd save an extra $300+ per month. That's $3600 per year.
Good luck!
Keep up the good work!