November 2011 Budget & Goals

November 2011 Budget

Well, here it is: my very first monthly budget. Yes, I’m aware of the irony with the name of my blog… but I had to start sometime, right? ;)

This month, I’m planning on putting 59% of my income on debt, spending 30.2% on my needs and wants, setting aside 5.4% for Christmas and putting 5.4% in savings. I know that’s not nearly the amount I should be putting into savings but this is my final month of not having to pay rent and I want to put every possible penny on debt.

On top of attempting to stick with my first budget, there are a number of other goals I hope to achieve this month.

November 2011 Goals:

  • Call and request a lower interest rate on my credit card
  • Find a way to lower my cell phone bill
  • Hit my “I’ve paid off $10,000 of debt!” mark (-$18,115)
  • Lower credit card debt to -$4,000
  • Make an appt. to increase RRSP contributions from monthly to bi-weekly
  • Finish readingĀ Debt-Free Forever by Gail Vaz-Oxlade
  • Read Never Too Late by Gail Vaz-Oxlade
  • Start looking for a new apartment (to move in January 1, 2012)
  • GetĀ a haircut (I haven’t had one since February!)

What do you hope to accomplish this month? And have you started saving for the holidays?

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