Apparently, the April budget review flew under the radar.
So, here we go. Yay for a 3-paycheck month!
Net Income (after taxes, insurance, etc.): $10,149
I’ve started color-coding expenses. Green for savings/investing. Blue for expenses paid for via the sinking funds.
NOTE: I no longer count the Blue expenses in the total. It does not come directly from our income that month, but rather a separate account funded regularly.
I couldn’t help myself! The market dipped a bit and I wanted some cash in my brokerage account for trading opportunities.
For expenses, the Home Maintenance planned amount hit a few days ago, so it’s a May expense. We also expect to get our tax bill next week, so we won’t know for sure how much we’ll be paying until then.
It was another birthday month, so we overspent in eating out… I really should have set a more realistic budget. May should be back to normal.
That remaining balance will go into replenishing sinking funds, as they’re taking a hit right now.
May will be a lower income month, so I’ll need to really watch the variable expenses. For us, it’s mainly food. Relying on Aldi to stock the pantry and fridge for home cooking will be the key!
How was your April spending? Did you put that extra paycheck towards your financial goals?
-K