Well, the month is finally over, and now it’s time to review how I did on my budget for the month of September.
Everything was going great as far as my budget goes until I had car trouble last weekend. You can read about it Here.
That being said, I was able to keep on my budget in every other part, and if I can sell the car soon (as planned) everything will be nice and rosy.
For now, my net worth took a hit and my monthly budget was consumed mostly by car stuff (eek). See the graph below.
All of this is pretty self explanatory as far as categories go, and I only went over in 1 category.
Mortgage & Rent: 375 This amount wont change for a while. It’s for the roof over my head.
Gas: 302 of 320 – I dont like one bit that I have to spend this much per month on fuel. My car gets ~23 miles to the gallon, so Im not wasting, I just have a 50 mile (1 way) commute.
Groceries: 80 of 120: This is just for food used to cook at home
Fees: 62 of 70: Interest on credit cards
Mobile Phone $52 of 52 – Cost I pay to verizon every month
Auto Insurance: 33 of 33 – To keep me safe in accidents
Fast food: 40 of $25 I blew this one, or maybe my fast food budget is too low? I’ll have to look into this for next month. For now, Im thinking of an increase to $35 per month
That’s all she wrote folks. The reason that auto took up 60 some percent was because I had to put the new car on a charge card. As soon as the car sells, pay off the card and rest easy.