Saturday, 21 July 2012

August Budget 2012

As mentioned in the June Budget review, I slightly altered the categories for the budget. Miscellaneous is now General and what was once Food & Entertainment is now two separate categories of Food and Entertainment. At first I was going to split the $150 down the middle and allot $75 to each category but then I realized that most of the $150 was going towards Food so it got $100 while Entertainment only got $50 since I really only spend money on Entertainment when I go to the movies (usually on Tuesdays since Cineplex has those cheap tickets on Tuesdays - throw in half price wings at many wing joints and you got yourself a frugal date).

Since getting the budgeting app for my phone also allows me to track my monthly income, I'll also be documenting that from here on out. This way, I'll not only be able to track my expenses, but I'll be able to see how much money I'm actually putting away so that I can invest it.

-the Paperboy

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