Wednesday, February 1, 2012

February Goals and Budget

With a new month upon us (January flew by so quickly) and the first entire month with a new budget in the condo, I thought I'd share my February budget and goals with you:


BudgetedActualOver/Under
INCOME - After Tax/CPP/EI deductions, but before RRSP/Pension contribution
Full Time Regular$2,810.24$2,810.24
FIXED MONTHLY EXPENSES - Under contract/obligations
Mortgage + Taxes$857.02$857.02
Condo Fees$75.00$75.00
Insurance (Car/House)$103.97$103.97
Hot Water Tank Rental$50.79$50.79
PLANNED SPENDING - Bills that get paid non-monthly/Anticipated Bills
Car Maintenance/Licensing$40.00$40.00
Extra Mortgage +Tax Payments$72.00$72.00
VARIABLE SPENDING - Bills that are variable each month
Natural Gas$58.00$58.00
Hydro$50.00$50.00
Rogers$185.00$185.00

SAVINGS - Long Term and Short Term
Pension$333.32$333.32
Emergency Fund$75.00$75.00
Travel Fund$250.00$250.00
VARIABLE SPENDING - Life
Clothing$50.00$50.00
Gifts$50.00$50.00
Food/Restaurant$275.00$275.00
Entertainment$50.00$50.00
Gas - Car$200.00$200.00
Memberships$30.00$30.00

The budget will get re-jigged into the spring when I get a better sense of what my utility bills will look like.  Until then, those are the numbers I'm working with!

This month I will pledge to:
- Go to the gym at least 2x/week
- Not spend a penny Monday - Friday
- Bring my lunch every day to work
- Plan weekly meals in advance
- Discuss with my boss vacation time over the summer
- Look into oil change/new tire for the spring
- Meet up with at least 1 old friend/acquaintance in Ottawa
- Look into volunteer opportunities

It's a good thing February is a short month!! 

4 comments:

  1. Wow nice goals! So neatly budgeted too. Hope you stick with it:) Funny you mention vacation time for summer, I really need to work out the kinks in my summer vacays before everyone else schedules theirs. Eeeeek! What do you bring to work each day? Looking for some easy ideas.

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  2. I have my standard lunch items:
    - 2 fruits (I rotate bananas, apples, pears, and clementines)
    - 1 cheesestring or greek yogurt
    - 1/2c skim milk for tea
    - 1 main (either soup, pasta, or salad - depends if it's a gym day and I know I'll be famished).

    My go-to website for recipes is Skinny Taste (http://www.skinnytaste.com) - healthy and easy recipes with photos walking you through every recipe!

    The soup recipe I made at least every other week: http://www.skinnytaste.com/2008/12/pasta-fagioli-64-pts.html

    When my freezer is stocked like it is now, it takes me all of 25 seconds to toss everything into my lunchbox after I remove the tupperware used that day.

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  3. I need to work on bringing my lunch and meal planning as well. Good luck to both of use friend!

    ReplyDelete