It's been awhile since I've reviewed our budget to see where things stand and see if there are any possible increases in debt repayment or savings.
Here's what the month looks like so far:
Mortgage & Property Tax - $1844
Automobile (Payment, insurance and gas) - $876
House Alarm & Insurance - $81
Life Insurance - $300
Bank fees - $14
Utilities (Cable, phone, internet) - $200
Cell phones - $100
Food - $500
Debt repayment - $1100
Other (Nursery school, gifts, entertainment) - $300
This would leave us with $335 to put away into our EF and savings accounts. It seems so simple and straightforward when I have it typed out, but for some reason I still struggle to stay on top of things.
So goals for February are:
- Increase EF fund by $200
- Increase savings by $100
I really need to revisit our budget .. again... and figure out a better way to track our expenses and spending.
Feeling quite overwhelmed right now.