This is my first weekly budget check.
I had lately prepared a detailed budget document where I set myself a maximum weekly allowance and started to note the expenses in specific categories (grocery, transportation, dining out, etc.).
Today is the end of the 1st week. I enthusiastically kept the records and continued to respect and protect my funds. I did not forget to treat myself along the way, either (got breakfast at the weekend, bought myself a meal twice etc.). And the result?
I managed to save $17.5 from my weekly allowance! When I added up the amounts that I was tempted to do but decided not to (for example, taking the bus rather than the cab, not drinking the second cup of coffee during the breakfast), then this amount increases to $143 this week.
I am excited about this. I know it has been only one week and there is no guarantee that I will continue to save that much, but I know I did it once and I can do it again. Plus, the mental transformation is really helpful; now I am really thinking twice before making an expense and I am motivated to not over-spend. I did not know I was that competitive and determined to achieve!. These are all great news for me 🙂
Honestly, I am also a little bit disappointed in myself that I have not started this earlier – years for now I could have been more conscious about my spending and as a result could have saved a good amount of money……Should I beat myself? No, rather let me use this feeling to keep going like this.
Perhaps I should thank the repairs needed for my house for bringing me back to the conscious spending mind-set; they are the real motivators that I did start to think and take actions seriously to save money.
I talked to a second lawyer today; he thinks that it would be very difficult to go after the previous owner of the house for the possible foundation problem I have at my house – he says I need to establish that the previous owner was aware of the problem and hid it prior to selling it to me. I am free to pursue this and spend money on a legal battle, but the chances of winning is slim.
How am I feeling? It is kind of weird but it is relieving that I will not go into a legal battle – I have tried my best to know the situation and my legal rights. And I have. From now on it is all about my house and I fixing the issues. It will cost me a lot of money (I was told tens of thousands), but at least I have no more questions in my mind about “what to do”.