REMEMBER: You can download this budget template!
I don’t want to be one of those people who says, “it’s almost Christmas!” right after Halloween, but I have to. Last week, I told you that my #1 priority going forward would be to boost my Emergency Fund – and that’s true! But November is also the month I try to start/finish all of my Christmas shopping, because shopping in December is a nightmare. With that in mind, my goal is to save $400 in my Emergency Fund this month and $600+ in it next month (and all months going forward).
I’m in Victoria right now, which is why a few numbers look different here. First, the cost of the ferry, which as you saw last month is not cheap. I’m housesitting in Victoria, with access to whatever food is in the fridge, so I’m anticipating a slightly lower grocery bill than usual. And, because I’ll be here for a little while, I’m sure there will be more breakfast and coffee dates with friends, so I gave a little boost to my Restaurant budget to prepare for that.
As for housing, that’s how much I’m now paying in rent. …yep. Living alone in Metro Vancouver ain’t cheap. (Although Toronto would have been just as bad, if not worse.) And then I budgeted $30 for Internet, because I just have no idea what TELUS is doing with my bill anymore, lol.
Transportation costs look normal. Looking at the rest, you’ll see I’ve budgeted for rain boots again under Personal Care. It’s also Baby Bro’s 18th birthday this month, and a friend’s 30th! I can’t wait to celebrate them both (a.k.a. this is why I have a Gifts budget this month).
And I guess that’s that! I haven’t calculated the different sections of my budget as percentages in a while, so let’s see what it all adds up to. This month, I’m saving 29% of my income (23% in long-term savings, 6% in planned spending), spending 35% on housing, eating just over 9%, spending 10% on transportation, travelling home with 4% and spending the leftover 13% on life. Not too shabby!
Goals for this month:
- Finish 3-4 chapters of CSC
- Read 1 book
- Go to a movie (does anyone want to see The Book Thief with me!?)
- Try to start/finish my Christmas shopping
- Bake Baby Bro a cake for his 18th birthday and celebrate!
What do you have planned for this month?