June is our favorite AND most expensive month of the year, second only to December. Johnny and I both have birthdays, we have Father’s Day, and we have our wedding anniversary! We’re also six weeks into this whole two kids thing, and I feel like we’re starting to get our groove as a family of four. It’s a whole new dynamic, with Johnny and me having to stretch ourselves a bit more than we did with just one. The past month and a half has demanded a lot from us, so we’re excited to have cause to celebrate some this month!
May Budget Recap
We didn’t leave the house much until the last couple of weeks of May, and our meals stayed very simple all month long. And, for the most part, we didn’t have time to buy much of anything. Our budget was looking great, but the last week of May sent us $100 over on our Grocery category. Why? Well, when I finally got around to meal planning and ordering groceries, I realized we were running low on almost everything! That’s what having a newborn will do for ya. Everything in our home has become disorganized lately, and I’m hoping (for the sake of my sanity) June jumpstarts getting things organized again (including our posting on here!).
June 2015 Budget
|Personal & Clothing: $120 (rolls over monthly)
Everything Else: $305
Gifts: $145 (rolls over monthly… currently at $645)
Vacations: $200 (rolls over monthly… currently at $640)
Total Expenses (minus rent): $1,911
Church/Charitable Donations: 10% of income
Savings: at least 25% of net income, but planning on enough side income to have saved 50% at the end of the year
*Living in NYC, our rent is a bit of an anomaly (major understatement) compared to our peers in the rest of the US of A. To give you an idea, it’s more than twice what we were paying in Utah. Yeahhh. But that just means the rest of our budget is that much more essential this year.
June Budget Changes
- We ended Sally’s preschool, so that’s one less expense this month! I don’t feel like we need it as much now that the weather’s nice and there are plenty of ways to keep Sally busy in the city.
- Our claim with Aflac has been started, and we’ll let you know when we finally get paid for having a baby. Hopefully this month!
It’s the first day of the best month of the year! Because Johnny and I have so many expenses this month (we’re also traveling to see family!), we’ll have to track every little expense as soon as they happen if we want to stay on budget. Challenge accepted. What about you? You ready to rock your budget this month?