I had not recorded my weekly budget check last Thursday (Thursdays are the last day of budget week), as I was away. Because of that, it was a little bit challenging to keep track of expenses, but I think I have got the approximate accounts for the last 2 weeks now:
The week before: expenses within the weekly allowance category for 4 days (excluding the days of the trip) was $131.5 out of $200 weekly allowance; savings from would-be-expenses was $121.
This week: expenses within the weekly allowance category for 5 days of the week (excluding the days of the trip) was $119.5 out of $200 weekly allowance; savings from would-be-expenses was $95.
During the trip: $180 for personal expenses (such as gifts)
I also had other expenses not covered by the weekly allowance category (that is okay).
I am more or less on track. I am pleased to see the would-be-expenses savings are accumulating constantly (these are the expenses I would normally do but did not, such as the cab fare, or the savings from sales).
I also noticed that my grocery cost is lower in the last few weeks; I believe “buy one get one free” deals have been playing a role in this. I do not know whether the store is having more of such deals, or I am now noticing and taking advantage of them more frequently. Either way, it is great. I have a lot of nutritious food in my fridge and freezer and I am completely feeling abundant.
In the coming weeks, maybe the new year, I am planning to reduce my weekly allowance to $150. I think I can do that and save even more.
On a very positive side, I am also proud to see that my chequing account now has a positive balance. It has been getting better and better since I started my budget and frugal journey since last June :).
Frugality works 🙂
Budgeting works 🙂
Hope works 🙂