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August 2015 Results

September 9, 2015

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Curious to see how I did on last month's budget? Check out my August 2015 budget results update! via @shoeaholicnomore

Holy smokes I’m late with this post and I know it’s been super silent on the blog so far this week, but life has just been crazy.

As much as I love writing on this blog, sometimes life and paying the bills takes priority. Plus at the end of the day I know I’m not giving my best when I try to write a post for my blog when I’m falling asleep at my computer.

One of my favorite bloggers, Cat @ Budget Blonde, reminded me once that “It’s just a blog. It’s not the end of the world.” Although blogging is what pays my bills now, I do try to keep this in mind when I’m feeling stressed about things.

Anyway, back on topic, it’s time for me to reveal how I did with my August spending and my yearly goals.

2015 Goals:

  1. Increase emergency fund savings account to $1,500. – Pass-ish – I increased my emergency fund by $51.72 in August. This is less than my monthly target of $83.33, but I’m still hoping I can meet this goal.
  2. Demolish $5,000 worth of debt (principal). This works out to $416.67/month. ($5,000 goal includes mortgage debt pay down.) – Fail – I had a debt increase again this month. Ouch! I need to get my spending back under control. For some reason, I tend to do much better with my spending during the first half of the year and then it gets worse later on. 🙁
    1. This also includes paying off my 0% interest promotion for my computer by October 2015. – DONE!
  3. Paint and prep home office by April 13. (My birthday!) MUST BE USABLE BY THIS TIME! – DONE!
  4. Attend FinCon15 and pay for everything in cash! – Pass – I’m super excited to go to FinCon next week! Woot!!
  5. Quit my full-time job by December 31,2015 to freelance full-time. (I may pick up some additional hours at my part-time job to help make ends meet for a while.) – Pass – I quit my PT job in June and I quit my full-time job effective July 31!
  6. Limit spending on clothing, shoes, and accessories to $500 for the whole year! – Fail – I’m not tracking this anymore.
  7. Get rid of more books throughout the year than I get. – Pass-ish? – I got rid of a ton of books in my garage sale. I have only gotten 2-3 new books this year. Even though I’d call this a pass, I’m not tracking it anymore.

Debt Totals:

7/31/2015 – $130,674.60 (including mortgage)
$15,935.61 (w/o mortgage)

8/30/2015 – $131,330.43 (including mortgage)
$16,809.03 (w/o mortgage)

Difference – +$655.83 including mortgage
+$873.42 w/o mortgage

Savings:

7/31/2015 – $909.79
8/30/2015 – $961.51
Difference – $51.72 Increase

Budget:

CategoryBudgeted AmountActualDifference
Saving$20.00$51.72$-31.72
Mortgage$852.13$850.63$1.50
City Bill$127.41$127.41$0.00
Gas Bill$15.99$15.99-
Cable$24.60$24.63$-0.03
Internet$51.93$51.93-
Phone$103.32$103.32-
Fuel$50.00$5.17$44.83
Auto Insurance$123.46$101.61$21.85
Cleaning$90.00$90.00-
Cash Spending$240.00$209.22$30.78
Weekend Travel$150.00$205.60-$55.60
Insurance Membership$50.00$50.00-
Memorial for Friend's Death$40.00$40.00-
Debt$779.50$779.50-
TOTAL$2,718.34$2,706.73$11.61
FT Income$1,099.03$1,099.03-
Business Income$1,620.00$1733.23$113.23
Difference$0.69$125.53$124.84

How was your August?

Curious to see how I did on last month's budget? Check out my August 2015 budget results update! via @shoeaholicnomore

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9 responses to “August 2015 Results

  1. No worries about a post being late. Main thing is you still wrote it and stayed transparent which is what we all try to do with our monthly updates. Definitely got to watch letting that consumer debt add back up. Keep up the great work and hope you have a great time at FinCon!!! 🙂

  2. Don’t worry about the timing! You got a post up today! That’s more than can be said for my own blog. You are so close to achieving your 2015 goals! I can’t wait to see your final post of the year where every single one of those (besides number 6, haha) is crossed out.

  3. Wow! You did an inspiring job of cranking out your goals. Thanks for always being so authentic, too. My blog is still such a “baby” that I’m even hesitant to call it a blog – yet I decided to skip a posting day this week to attend to life. Hearing your words about balance was just what I needed this morning. Thank you 🙂

  4. God job on your goals! I’ve noticed many of the financial blogs I follow have slowed down the past few days. I attribute it to the craziness on the stock market. I also noticed for myself, if I’m tired or not in the right mood, my posts are depressing, so I don’t force it any more.
    Thanks for your honesty and thanks for your keeping in touch. Keep up the good work!

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