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January Budget Review

January Budget Review - My January budget is horrible. Somehow, some way, my December budget was completely blown so for the month of January I was playing catch up.

Let me start out with a disclaimer. My January budget is horrible. Somehow, some way, my December budget was completely blown so for the month of January I was playing catch up. This month’s and my first budget review will be absolutely horrible. I’m just saying. Here is hoping that the month of February is infinitely better.

Income $3,486.00

This income is slightly higher than normal due to some odd jobs and returns of previous items that either didn’t fit, or I didn’t like. I am hoping that I can get a second remote job this year, or that ACT starts to pay out soon so that I can start to pay down my debt.

Expenses $2,253.22

Expenses will be separated into mandatory bills, optional bills, and business expenses.

Mandatory Bills

This category includes rent, car insurance, car payments, internet, phone, etc. This was slightly higher than normal since I had to pay my phone bill twice due to changes in my account (split billing in the middle of the billing cycle). Also, I am hoping that my car insurance will be less during February as I just had them removed as my Primary Insurance (PIP).

  • Rent $650.00
  • Car Insurance $528.08
  • Car Payment $425.24
    • Extra Payment $300.00
  • Mobile Phone $210.00
  • Total $1813.32

Optional Bills

Includes most of my subscriptions such as Netflix, Hulu, Sling, etc. This is higher than normal as I signed up for Sling during football season. This will go back done shortly.

  • Netflix $10.99
  • Hulu $8.99
  • iMusic $4.99
  • Scribd $8.99
  • Audible $14.99
  • Sling TV $24.99
  • StitchFix $20.00
  • Skillshare $20.00
  • Weight Watchers $20.00
  • Total $138.94

Business Expenses

This includes a mixture of ACT and my full-time job expenses. Extremely higher than normal because I decided to change the theme for my blog and I am very happy I did so. Also, I brought some ACT related items for a product that I plan to launch soon. Normally this is about $50 each month with about $25 of it reimbursable as some of these expenses are related to my personal job.

  • Planoly $8.99
  • Jetpack $25.00
  • G. Suite – ACT $5.00
  • G. Suite – Job $20.00
  • Adobe – ACT $22.25
    • Cancellation Fee: $44.00
  • Adobe – Job $31.78
  • Website Theme: 97.20
  • Amazon $46.74
  • Total $300.96

Groceries $431.00

Groceries includes both my personal groceries and the food I purchase for the Pupster. I didn’t remember until halfway through the month that I am supposed to be keeping track of his food separately from mine. Depending on the location of where I shop for his food it is relatively easy to do this. For the last two week of the month $25.00 of the grocery bill was food for the dog.

This month’s grocery bill was horrible because I was on Whole30 for the month and that required some “special” foods in order to stay compliant. On a normal basis, my grocery bill is about $200 or less. Also, I forgot to keep track of the items I purchased for me in my spreadsheet.

Take Out/Going Out $134.75

About the same as normal. I am aiming $50 a month starting with $100 a month and working my way down to $50. Slightly higher due to Whole30 lack of planning and having to order more expensive foods in order to stay compliant. Also, one of these days I paid for a friends lunch and coffee.

Gas $100.13

I am over my gas budget for the month by 13 cents, and it could be lower if I actually went to Sam’s Club for my gas. Also, I am attempting to limit my weekday driving as much as possible to the surrounding area.

Shopping $114.00

I have no idea what this is. I checked out Mint and I can only see the stores and I don’t remember what I brought so I guess I will be tracking this section more closely. It is probably pens, notebooks, hygiene, dog supplies, etc.

Gifts $152.90

I purchased gifts for certain individuals for Christmas in January as that was the deal.

How was your budget for the month of January? Hopefully better than mine. Leave a comment.

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January Budget Review - My January budget is horrible. Somehow, some way, my December budget was completely blown so for the month of January I was playing catch up.
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