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February 2016 Results

March 4, 2016

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How did my February budget go? Actually, pretty well! Check out my results recap here!

In February, I had a fun trip planned to go visit Cat in NJ. It was so fun to get away from my normal routine, schedule, and surroundings for a few days. We also got to meet up with Stefanie in Central Park, which was awesome! I loved getting more one-on-one time to chat with these girls and get to know them better in person.

Meeting at FinCon is fun, but it’s hard to really get to know someone because there are sooo many people around to talk to and interact with, so it was great to have some more relaxed interactions with these two girls whom I admire very much. ๐Ÿ™‚


I also felt like some of Cat’s frugal-ness rubbed off on my in February. I had an amazing month financially and it was fun too!

Debt Totals:

1/31/2016ย โ€“ $145,724.90 all debt
$32,300.32 without mortgage

2/29/2016 โ€“ $144,310.38 all debt
$31,106.95 without mortgage

Difference โ€“ -$1,414.52 all debt
-$1,193.37 without mortgage


1/31/2016ย โ€“ $1,180.71
2/29/2016ย โ€“ $1,403.49
Difference โ€“ $222.78 Increase


CategoryBudgeted AmountActualDifference
City Bill$115.00$104.80$10.20
Gas Bill$60.49$60.49-
Auto Insurance$101.61$101.61-
Cash Spending$340.00$318.05$21.95

So the bottom line looks like I went over budget by $1,195. However, I’m really happy to say that $990+ of that was due to putting extra money in my savings and toward debt. Yahoo!!

I did spend $290 that was “unbudgeted”. Some of it was for my trip and if I got all technical about it, there is a tank of gas included in there that I could put up on my gas line to make things look a little more accurate in both categories, but I didn’t want to take the time to separate that from the rest of my trip spending that I put on my credit card.

Cat and her family were very generous, thus the only things I really had to pay for on this trip were gas for my car to get to the airport and back, parking at the airport, and a little bit of food when I was in NJ. Of course I bought my plane ticket too, but that was a couple months ago so it wasn’t in my February spending.

Another $85 of my unbudgeted spending was for a vet bill from putting my dog, Max, to sleep. The rest was a pizza, a couple of last minute grocery items when I left my cash envelope at home, and a new shirt for spring (oops!). But considering the fact that I put an extra $200 in savings and $790 toward debt, I decided to forgive this little bit of extra spending.

February was without a doubt the best financial month I’ve ever had. And it wouldn’t be possible if I weren’t able to earn more now that I’m working for myself. I’ve also found some really great tools, like Freshbooks, to help me save money on pesky PayPal fees so I can put more money toward my debt and savings goals.

If you haven’t given Freshbooks a try yet, you should. It’s a great way to track your income and expenses, send professional looking invoices, and save money on PayPal fees. It’s definitely an essential for my business.

How was your February?

How did my February budget go? Actually, pretty well! Check out my results recap here!

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9 responses to “February 2016 Results

  1. Hi Kayla,

    Glad you did so well last month!

    Even if you are hesitant to share exact income totals, I’d be really interested in why this month was so much more profitable than any other. Did you find more work? How did you accomplish it?

    This is also my first time to your blog. So, I’m curious on what your revenue streams are, now that you for yourself.

    Keep hacking away at that debt! It looks like you’re making great progress!


    1. Hey Brendan,

      Thanks for coming by and commenting! I’ve been really building my income lately (as you said you found out in my other post) and I worked hard to say “NO” to unplanned spending. Having that much will power is hard to do all the time though. I’m definitely a work-in-progress. ๐Ÿ™‚

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