A good week in terms of saving from my weekly allowance (covering my weekend breakfast/coffee, grocery and other miscellaneous expenses):
Total weekly allowance spending: $77.5
Money left for fun funds: $120 – $77.5 = $42.5
Total fun funds accumulated (or, rather over-spent….) this year: -$211.5
Extra expenses (cleaning and personal care products) = $206.5 (ouch!)
Overall, I spent a lot of money this past week, that is for sure. None of the expenses were unnecessary, so I am perfectly fine with this. I know that I do not have to make another round of cleaning/personal care products shopping for some time.
Frugal encounters in the last one week:
I have saved $186 in the last week; $100 by walking to and from the work place (rather than taking the cab) and $86 by following the sales and using coupons ($13). I continue to be excited about these savings.
It is so easy to spend the money, but not so easy to save money, is it not? I must admit, though, saving money is quite exciting 🙂
Minimal spending week:
I have two important financial aims till the new year: a) to make an additional $4,000 payment to my mortgage, and b) to purchase a sewing machine.
Clearly, I must save more than what I have done so far…. That prompts me to look for ways to reduce my weekly expenses without reducing the safety or quality of my life. I decided this week was an excellent candidate to be a minimal spending week – I have lots of food in the fridge/freezer/pantry.. It is time that I consume them before they go bad. Hence, this week I will focus on consuming what I have, especially the dry food and the frozen veggies. I already purchased enough amount of fresh produce and fruits; so i will not focus on stocking up items, even they are on sale.
This is the week that I have a chance to actually save from my weekly allowance and even an extra $50 will make me feel excited! And, I am looking forward to that 🙂