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June 2016 Results

July 7, 2016


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My budget went very well this month!June. Is it bad to say that I almost don’t even remember June? It went by in such a flash that I’m having a hard time remembering anything significant that went on last month.

Luckily I can look back at my budget and see that everything went as planned, at least for the most part.

After living off my stash of household goods, that I secured with coupons before I started living on a strict budget, I have finally started to run out of several things all at once. This means that the last couple of months I’ve started budgeting more money for household expenses, for things outside of groceries. This means things like tissues, paper towels, toilet paper, dish soap, etc.

Nominate me for the Plutus Awards

I planned to replenish several of those things last month before they completely ran out, but it seems fate had other plans for me. Instead, I ended up having to buy a replacement part for my vacuum, and that used my just over 1/3 of my “household” money.

I’m thinking that I might have to make some changes to my budget by increasing my spending allowance in the next couple of months so I can make sure I don’t run out of the things necessary to run my home and so I don’t have to report that I went over budget. How do you guys handle things like this?

I’ll ponder that for now, but in the meantime, here is how things turned out in June.

Debt Totals:

5/31/2016 – $141,586.31 all debt
$29,049.93 without mortgage

6/30/2016 – $141,094.24 all debt
$28,781.41 without mortgage

Difference – -$492.07 all debt
-$268.52 without mortgage

Savings:

5/31/2016 – $1,492.73
6/30/2016 – $1,519.75
Difference – $27.02 Increase

Budget:

CategoryBudgeted AmountActualDifference
Saving$20.00$27.02-$7.02
Mortgage$883.66$883.66-
City Bill$115.00$98.64$16.36
Gas Bill$25.49$25.49-
Cable$24.63$15.98$8.65
Internet$53.30$53.30-
Phone$62.02$62.02-
Fuel$50.00$53.81-$3.81
Auto Insurance$101.61$101.61-
Cleaning$90.00$90.00-
Clothes$57.34$215.07-$157.73
New York$100.00$100.00-
Cash/Other Spending$300.00$484.29-$184.29
Debt$871.50$871.50-
TOTAL$2,754.55$3,082.39-$327.84

My debt decrease was a little smaller this month than last month, but it still decreased. Savings also increased, so I’m pretty happy with that overall. I’m also glad that my savings are now over $1,500! Another small milestone. 🙂

I did order some clothes from ThredUp in June for FinCon. They are included on the clothes line item of my budget. I do plan to return one item that I ordered as it didn’t fit quite right. That refund should show up in my July results.

Some of my overspending on the cash line was going over on groceries during the last part of June. As I mentioned in my July budget post, I really struggle with sticking to my grocery budget in the summer. I should probably increase it during the summer months in coming years.

How did your June turn out?

June 2016 Budget Results - Find out how much debt I paid off and if I stuck to my budget.

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4 responses to “June 2016 Results

  1. I’ve used thredup a lot- great site. They usually charge you to get your money back for return shipping or you can hang onto it as a store credit…just an FYI. May be useful to have a balance for next time you need to get some new things. (I think it took me a year to use up my balance!)

    1. Yes, I knew that, which is why I’m debating about wether or not to return for store credit or money back… I do think I can ship it to them cheaper than the label they’ll give you, which is another option for returning and getting your money back.

  2. I gave Mr Tre control of the grocery budget a few months ago and we are saving money, but I miss some of the foods I used to buy and I miss going to the farmers market every week.

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