August was a budget busting month. We still made ends meet and were able to save around 16% of our income but this was a far cry from the over 50% saved every month up until now.
I am pleased that we still saved something as our income fell and will continue to be smaller than before in the months to come. Mr Shoestring is only going to be working 3 days a week and although I will be working full time the job is over an hour away and transport costs will be around £10 a day.
Big expenses were for the garden as we bought new equipment and re-did the driveway stones. We paid car tax and insurance, building and contents insurance. training fees for new courses which will start in September, and school uniform costs. There were also some holiday related expenses from the start of the month.
I'm not sure how much we will earn in September so may have to adjust the budget after I know that. Until then I'm doing a lot of planning to make sure that we can still save something !
I amortise things like car tax and regular bills to even out the monthly impact on my spreadsheet.
ReplyDeleteWe do that too in order to work out the average spend but it still means that at 1 point all that money leaves your account ! Great that you read the post, many thanks !
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