If you've been following my blog, you'd know that I suck at budgeting, dieting and not-shopping. I don't go into debt horribly. I don't spend more than I make (except that small period of unemployment). I just have a difficult time saving. I think a big issue that I have with the whole thing is that I cut way down and save for a few weeks, maybe even a month and then freak out and spend spend spend.
This time, I'm not going cold turkey. I've set up my direct deposit to split into three separate accounts. 50% of my income goes to Needs. 30% goes to Wants. 20% goes to Savings.
I'm coming to the end of my first pay period with this budget. Let's see how I did!
Cell Phone Bill Payment
Dog Wellness Plan Payment
3 Bottles of Pop
2 Lunches at work
Sodas at a work event
Ticket to CONvergence
Sandals for Jared
Jimmy John's (twice, and it was delicious. I have no regrets.)
Biore Pore Strips
Pantone + Sephora Make Up Brush Roll :D
$50 to my Macy's Bill
Dinner at Peninsula
Haven't touched a red cent!
We bought groceries for two weeks before this pay period. I went over on Wants. I'll need to work on that.
Additionally, I shoved some money into the San Francisco targeted savings account I started up. I figure I'll need $1500 for San Francisco in September, $2000 for Disney in January, $500 for Irish Fest in August and $200 for CONvergence in July.
I'd also like to save up 6 months bills in my emergency account. After that, the majority of my "Savings" will go to paying off my student loans.