I have to be honest: this silly little spreadsheet has been stressing me out for weeks! A few people on Twitter asked how that could be possible, considering it’s my first month with no debt repayments to make – but that’s exactly what’s been stressing me out! Not the fact that I have no debt repayments to make, but that all of the money I normally put on debt already has somewhere else to go…
Summer 2013 is going to include a lot more travelling than my budget is used to. This month, I’m spending only 12 days in Vancouver, then 10 in Toronto and 8 in Victoria. (Hey, that’s almost an even split between my three homes!) I’m not complaining about the travelling, it’s just something I’ve never really had to budget for before. But it also doesn’t give me much wiggle room to save.
At the top, you’ll notice the only saving I’m doing this month is for – you guessed it – travel and weddings. Really, the two could almost be combined… but the Travel category, as it stands, is for my trip to San Francisco and Weddings is pretty self-explanatory. I do plan on putting anything leftover into my Emergency Fund, but I can’t commit to a certain amount yet so I left it empty.
This is the first budget where I’ve added categories for the trips I am going to take – and you’ll be seeing them in every budget from June to November. No, December. Ok, it’s basically there to stay. As I mentioned, I’m going to Toronto for 10 days. For new readers, I only recently moved back to BC from Toronto, so I’m lucky enough to have friends I can stay with there when I’m not at my work retreat (so excited!).
I’m also making two trips over to Victoria, this month – one for a bridal shower, the other for a wedding + Canada Day long weekend (and maybe even a new baby, if he comes early!). Victoria is home for me so, again, I will always have somewhere to stay for free and the only major expense is taking my car on the ferry (which I’m going to try not to do, for a couple of my upcoming trips this summer).
My one goal for this month was to create a budget that reflected the fact that I would only be in Vancouver for about a third of the month. I slashed my Groceries budget and cut back on both Restaurants and Entertainment (and added it to my trips). But I also left room in my Personal Care budget to possibly get my hair done for the first time this year ($100) and beefed up Misc./Cash for an oil change on my car.
Other goals for this month:
- Track my spending daily (I can’t wait to tell you about the new app I’m using for this!)
- Workout at least 15x (at home, the gym, or a hike/run)
- Read 3 books
- See as many friends as possible while in Toronto
- Make a bucket list of things I want to do in Vancouver this summer
What do you have planned for this month?