I have decided to re-try the whole budget experiment with a slightly more realistic prospect. Instead of $80 a month on food, I’m saying $200 a month on EVERYTHING. Therefore, if I need soap, it comes out of that $200 just like a t-shirt, cup of coffee, or trip to the movies would. That way I can be a little more fluid about how I spend it but not overspend.
Therefore, I realized that if you make your own sandwich, it costs $0.68. In my case, my mom sent me back with sandwich thins, so it actually cost $0.36 for the cheese. I can eat oatmeal at a very low cost (I forget how much per packet but will post later), and dinner will be $2. So, the day can happen for <$4. If I cook some dinners, I can spend $80 on extraneous things this month, since generally cooking dinner makes it <$2. We shall see!
I think it’s always good to be wary of spending but not obsessive…so if I go over budget, nothing will happen, but I’d like to evaluate where it’s going the most. I was told by one of my wiser friends that “that’s what mint.com and Quicken are for”, but, I want to see every single detail and I get some kind of weird joy out of doing it myself.
What will your new year/new budget me? What would you like to change about your spending?