I keep my monthly
budget pretty simple tracking all expenses in an excel spreadsheet. By tracking my expenses throughout the year I
am able to easily project what my future expenses may be, adjusting as needed,
to make sure I don’t overspend.
My current
budget set for 2025 is based on my spending last year. I’ve increased and decreased these budget
categories accordingly and now will begin the year doing my best to work within
these new budgets
My monthly
expenses are really low. This year my
budgets are as shown in the above photo plus whatever my electric, water, sewer
and trash bills happen to be. I do my
best to keep my utility bills as low as possible, however I also know there is
a limit to just how much I can control these expenses overall so when they
arrive I know I need to pay them regardless of the amounts. That is, if I want to continue to have
utilities, which I do.
I’m sure to most
people my budgets seem very low, maybe too low, but I live quite happily and
comfortably within them. I just like to
keep it simple.
I know you’ll succeed
ReplyDeleteRight on! :o)
DeleteNo clothing budget this year?
ReplyDeleteI used to have a clothing budget for me and my girls. I find I don't need one anymore. I can easily fit whatever I feel I need, which isn't much, into my miscellaneous category.
DeleteAs long as it works for you and you are happy, then that's all that matters! I like your system and I sure wish I could be as frugal. Hoping to get there someday!
ReplyDeleteIt's a process. I found that my budgets, once the kids left, were too big. I don't need a lot to make me happy. :)
Delete