The Internet is flooded with posts about why October is everyone’s favourite month of the year. I think September is mine, but I see the appeal of October: cooler weather (love), leaves changing colour (also love), pumpkin spice lattes (going to try a homemade version soon) and a reason to start wearing warm sweaters, scarves and rain boots. Ok, yea… maybe October is my favourite month, too.
This October, in particular, is going to be really special for me. For starters, I finally get to meet my longtime Internet BFF, Clare, and witness her marry her best friend. I’m also planning on going for a hike or two in Denver, while I’m down there. And then Sarah and I are going to move forward with the project we’ve been dreaming up, once she’s back from her honeymoon. How does all of that translate into dollars and cents? Let’s see.
Life Expenses – Budget: 64%
Bah – another expensive month. But for three good reasons. First, wedding gifts, of course. (When are these ever not in my budget, haha.) I’m bringing Clare and Drew a little something special down from Vancouver, for their gift. And then I’m also going to a wedding in Victoria the weekend after, so will tote something over there, too. Then that’s the end of weddings in 2014 for me! Unless any of you plan on eloping and asking me to be a witness… no? Ok cool, then that’s really the end of weddings in 2014 for me. Besides that, I made a pretty big purchase earlier this week, which I’m paying off the last $263 of today. Can you guess what it is? I’ll give you a hint: I’ve been talking about buying one all freaking year! (Will share pics in this week’s TGIF.) And finally, I’m setting aside a few bucks for an application fee I may need to pay this month, as part of the project. Eek! I’ll spill more details, as things unfold.
Travel – Budget: 18%
As I just said, I’m doing a little more travelling this month. Next Friday, I’m flying down to Denver for the long weekend. (It’ll be Thanksgiving in Canada.) My flights and rental car were paid for long ago by freelance income, so I just need to budget for my hotel + gas + food. I think this’ll be my last trip outside of Canada in 2014, so I want to make it count! Other than going out for a few meals, I hope to spend most of my time outdoors and with friends. I fly back on Monday morning, and am going to head straight for the ferry to go home to Victoria for 6 days. I’ve been missing my family and friends a lot lately, so I’m really excited about this trip. It’ll likely be the last time I go home before Christmas, though, so I hope everyone’s prepared for big hugs. And I can’t wait to cuddle the dogs!
Savings – Budget: 18%
Because travel isn’t taking up quite so much of my budget, I should be able to save at least 18% of my income this month. I’m going to focus on topping up my Emergency Fund in October, though, and put a halt to saving for retirement until November or even December. Now that I’m in the home stretch of reaching my goal, I feel that same gazelle intensity I did when I was paying down my debt. There’s no doubt I’ll reach my goal before the year is up, if I stick to the plan!
Goals for this month:
- Read 2 books
- Workout 20x
- Remove 11+ items from home (only have 33 items to go, to meet my goal!)
- Hike Red Rocks in Colorado
- Have at least 2 brainstorming/working sessions with Sarah
What do you have planned this month?