Showing posts with label Mint. Show all posts
Showing posts with label Mint. Show all posts

Budget Revision May 2013


So the time has come once again for me to revise the budget. Every few months I take a look at my budget and see if any changes need to be made and I go ahead and tweak the budget if I need to. I was previously working on a year long rolling budget in Mint…although I don’t really know why since I have a rolling annual list in a Google docs spreadsheet anyway.

I found that the rolling budget had gotten messed up because of Mint’s tendency to classify some things in certain ways. I would have to go and update a few of the ‘rules’ I had in classification and it was really throwing me off.

I figured I would just go in and remove all the prior rolling amounts and just start them over since I needed to adjust the budget now. I have a new bill coming up in a few months and paying it would put me over my budget as it currently stands.




Even though I don’t need to begin paying it until July I decided to adjust the budget now and reduce things like food and household expenses now.That way I have two months to get used to the reduced spending on those two areas before I actually HAVE to spend less.

I also made a few other tweaks here and there and reduced a few categories by $10 or $20. The changes to the individual categories are not very high but the total does make a big difference to the total budget.

I am on a VERY strict budget because of school and we don’t get paid very much so I really cannot afford to splurge and get carried away because I do need to pay tuition!

Tuition payments for summer school are actually only a few days away and it will be a big drain to see that money come out of my account.

source: howisavemoney.net