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September 2017 Budget and Debt Results

October 6, 2017


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This post is a little later than normal this week because I’ve been traveling.

You can find out all about my recent adventures to New Orleans and New York City on my Instagram. Plus, in just a couple of weeks I’ll be headed to Dallas for #FinCon17

I’m so excited for the conference because I’ll be speaking about how I started my freelance business as a side hustle and turned it into a full-time job for myself in only 12 months!

If you go to the conference, I hope you’ll come by to hear my session. 🙂

But for now, here’s a look at my budget and debt results for September.

Debt Totals:

8/31/2017 –$127,315.50 all debt
$18,196.75 without mortgage

9/30/2017 – $126,516.42 all debt
$17,630.48 without mortgage

Difference – -$799.08 all debt
-$566.27 without mortgage

Savings:

8/31/2017 – $1,970.15
9/30/2017 – $1,997.76
Difference – $27.61 Increase

Spending:

CategoryMonthly Total
Saving$27.61
Mortgage$557.40
City Bill$98.42
Gas Bill$9.77
Netflix/Hulu$17.98
Internet$80.00
Phone$95.22
Fuel$47.60
Auto Insurance$77.80
Health Insurance$280.45
Cleaning$90.00
Personal Trainer$170.00
Cash/Other Spending$1163.55
Health Savings$500.00
Travel Savings$200.00
Debt$641.50
TOTAL$4,057.30

Thoughts:

Woohoo! A much lower number than last month. This is partially because I decreased my spending. (Win!) But, it’s also partly because I put less toward debt and savings too.

Some of my spending this month was for a charity event. I also spent a little bit on my New Orleans vacation with my family and decided not to take it out of travel savings fund. I knew I would need a lot of that for my NYC trip that I just got back from this week.

Some of my spending this month was also for self-care. I started going to yoga again. I’m still paying for my personal trainer. Plus, I got two thirty minute massages in September. I think I’m addicted to massages now. Ha!

Last month I mentioned that September would be tough, and I was right. I put only half of my savings goal into my health fund. Plus, I had a lot of extra expenses for my two trips, my mom’s birthday, and quarterly taxes. The taxes aren’t even reflected above because those come out of my business savings. (Find out more about that here!)

I did get my medical appointments scheduled and they won’t be done until early December, which will give me a little longer to finish reaching my savings goal to pay for it in cash. Unfortunately, they don’t offer a cash discount. 🙁 But, I’m still happy I won’t have to take on debt to pay for it.

Looking at October, I know it’s going to be another crazy busy month with lots of travel and events going on. So, I just hope to continue paying down debt and saving as much as possible. At my current rate, I should have the loan from my parents paid off in November! Then I’ll just have three to go: my student loan, car loan, and mortgage, which is also the order in which I plan to pay them off.

I’m getting so much closer to being debt free (other than my mortgage)!

How was your September? Did you reach your debt and savings goals?

I paid off over $600 of debt and saved over $700 last month. Find out how and what my plan is for paying off more debt next month!
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