Here are our budget results for August:
Gas – We ended up not spending that much on gas this month, I think it just balanced out with going over on gas in July. The high prices haven’t really affected us since we don’t drive all that much.
Dining Out – We are getting used to eating out less and cooking more. It is making me dine out more consciously so I can still try all the new restaurants that we want.
Entertainment – Under budget, good.
Groceries – We really didn’t spend that much at the market either, I know we had a big Costco trip in July, so I think we were just trying to eat what we had in the freezer and pantry last month.
I’ve decided to stop tracking Utilities like I have in previous months, since there is really very little I can do to change things like our flat-rate phone bills, and it’s hard to budget when some things are billed bi-monthly, some are quarterly, etc. Instead, I’m replacing it with Miscellaneous, which include things categorized under Recreation, Personal Care, Clothing, and Gifts. I’m setting a budget of $200 for now.
Miscellaneous – Relatively little spent this month.
Overall, I think this month my wife and I were both really busy with our own little projects, so we had little time for recreation or shopping. I think things will pick up later, but for now August was a good budgeting month and helped up get closer to our goals.
By Jonathan Ping | Budgeting | 9/6/05, 11:51pm