I have not posted about my weekly budget and saving saga in the last 3 weeks. I felt weird about monitoring my expenses and writing about money while grieving the loss of my dad. I decided today that it was okay.
Overall, I am doing okay even though there has been extra expenses. I had dental care, medication, and physiotherapy expenses within that time frame. All are for great causes and as such I am glad I did make these expenses. I also did spent more right after the death of my dad, mostly for eating out (I still do not cook much at home since then) and for books on death, grief, and grieving (that helped me to go thru the grief in more or less a rational way). Needless to say, I spent much of the “fun funds” I have accumulated since the new year. Again, I am not sorry for that. In contrast, I am glad that I have had these funds at my disposal, which made my life easier during this difficult time.
Despite these extra expenses, generally I am spending much less in my weekly allowance category; my grocery do not cost more than $60/week and I changed the cafe I eat in at the weekends, which further reduced my weekly expenses (plus, coffee is much better!). I took the cab only occasionally and am doing really well with taking the bus in the morning. As a whole, I do not see much of an interest to spend money and I am okay with that. I lack nothing and my financial health is improving.
It has been 10 weeks since I started this new budget (with $120 weekly allowance); so far I could handle is really well and seems like I can keep doing this. Since new year I also made extra contributions to my RRSP account and despite this amount, I am still increasing my chequeing account every two weeks and I do not expect a below $0 chequeing account hopefully for quite sometime.
Next week I have an appointment with my bank and I will increase my biweekly RRSP contributions by a small amount ($50). This is mostly because I am getting a little salary increase and the fact that the market is more or less down; I believe it is the best time to buy stocks. This extra contributions will help me to pay back my HBP (home buyers plan) payments earlier (I had withdrawn money from my RRSP account for my down payment). Whether I like it or not, HBP payments are debts, too, and paying it soon is good for me.