I missed out on April’s monthly recap, and decided to combine my recap for both May and April.
As I discussed in my April Luxury post, it was an expensive month. I was going to try and lay low for May… that sort of happened. Here’s how things went down.
My income for April was $3,440 and $5,279.21 for May (yay, for tax refund!). The bad news was that I spent more than I earned in April. The good news is that I saved almost 75% of my income in May to make up for it
Click on any image to enlarge.
Here’s where the money went in April:
On or under budget
Clothes: Success! Although, I did spend money, I bought it from my $25 of “reward money” for thrift shopping. I did go over budget by $3, but no biggie.
Thrift shopping was so much fun, I’ll write another post on that. Basically, I spend hours trying on stuff and browsing with my sister, only to walk out with an armload of stuff for under $30! I highly recommend anyone to try it out.
Groceries: I did amazing these months! Mostly because I’ve been going home and my parents send me back with lots of left overs.
What can I say, I think I went over budget in almost all categories. le sigh.
I must be more realistic when I come up with these budgets, because it’s a little dampening on my spirits when I come in over budget.
Eating Out: This is such a weakness for me, and I spent time (and money) catching up with friends and eating out. The summer patio’s just call out to me! Time to break out that Entertainment Book more.
Electronics: BF got me an iPod Touch for my birthday and so I had to get it clothes! And I also bought a used Netbook . My netbook is now my computer at BF’s or when I go home. It’s 100 times better than lugging my laptop around, and I get to read and comment on my favourite blogs!
Gifts: My sisters and I cooked some extravagant meals for mother’s day and my mom’s birthday.
Medical: I wasn’t sure if I should count my facials as medical. It was to deal with my blemishes and skin problems, not sure if it should fall under toiletries or entertainment. Meh. I got 5-pack Clear Complexion facials to help treat my skin. So far, I am very satisfied with them, and my skin looks amazing!
Toiletries/Grooming: I re-filled my blotting powder, and got some products to help hydrate my skin from Pure and Simple.
Entertainment and Recreation: I paid for my volleyball league fee’s, took BF out for a movie and went to a launch party with friends.
Transportation: I paid for car insurance for the year. Good thing my tax refund also came in at the same time. This was painful watching $3,000 just “disappear”. I admit that I am still bummed about my networth taking a hit. Also the price of gas is getting ridiculous.
Here is my net worth:
I am happy that my networth went up, but again, a little sad that it went up only 3% over 2 months. It’s the car insurance… (Don’t worry, I will eventually get over it, but not yet).
Overall, I am okay with this month’s outcome. I gave into some of my impulse buying (i.e., a netbook), but it was a great deal and it has made my life better. :)
I will work harder to make my June budget as realistic as possible. BF and I are planning to take a trip in July, so I’m really excited about putting together a budget for that. My rough calculations should be about $2,500 each but I will post a detailed article about that as soon as I finalize some more prices.
How was your spending in April and March? Did you meet your budget goals?