weekly budget check

After 2 months or so, finally this past two weeks I have saved a good sum of my salary and improved my chequing account balance 🙂 This feels good and is highly motivating. I wish to be able to keep doing this so that I can start the summer with a really strong chequing account.

This week I did not take the cab at all; rather I either took the bus or walked 🙂 Walking as usual is a great activity that relaxes my body and my mind. I have never been disappointed by walking. The trick is to be able to “think” about walking 🙂 Once I am in the good mood and decide to walk, then walking just comes naturally.

Those days that I walk to office feels extremely satisfying because that usually means that I have no other expense and as such those days are expense-free. Thus I feel completely self-sustaining 🙂

—————————-

Here is this week’s spendings and savings:

Weekly allowance: $120

Expenses related to the weekly allowance (grocery): $54

Fun funds saved this week: $120 – $54= $66

Fun funds expenses: $0

Total fun funds accumulated so far in 2017: $974 !!! 🙂 (next week I hope to reach above 1,000 bucks – this is going to be a milestone for me 🙂

Other expenses: $5.75 (1 thrifted blouse and a piece of scrap fabric)

Savings from would-be-expenses: $65.25 (these are the savings from expenses that I would normally make, but decided not to; such as having breakfast at home rather than at a cafe, walking rather than taking the bus, the discounts at grocery stores etc,).

Mortgage pre-payment: none this time

————————–

Pantry and freezer treasures enjoyed this week: frozen bread, chicken, and meatballs from the freezer; canned beans and rice from the pantry 🙂 Hurrah! #endfoodhoarding

And as part of my “eat more diverse food challenge” I believe I have consumed around 9-10 food that I have not consumed the week before; ones that I can remember are chicken, rice, tofu, beans, beef, potato, apple, oranges, and turnip.

Happy savings and happy healthy eating! 🙂

financial challenges I assign to myself this year

I love assigning financial challenges to me and then seeing how I am doing 🙂

In the recent years, my first such joyful challenge was shopping freeze – I first applied it to books and then to shoes/clothes. I still did purchase a few of these items during the year, but hey, I had assigned these freezes for only a short time and they were needed when I purchased them. It is interesting that these freezes become habits quite soon after I first started them. Human attitude is quite plastic – it does change easier than we would like to think.

Anyways; the two things that I would like to try this year are the followings:

1. super-duper lean spending month. A fellow blogger suggested a no spend month, who I unfortunately cannot remember (raise your hand if you read this! 🙂 ).

Honestly I have no idea what no spend month means. I only think that the grocery, medication, transportation, and other essentials are excluded from this challenge.

Knowing my budget and daily life and requirements, I am pretty sure I cannot keep up with this – there will be at least work-place or socialization-related expenses; somebody will require some sort of gifts/donations, or I will find myself needing something all of a sudden. So, I do not have an interest in no spend month challenge.

So, why the hey am I talking about it here?

I want to give it a try and see whether I can rather aim for a “super-duper lean spending month“. That would mean finding alternative ways to contribute/donate/gift people; refuse or deflect social encounters (this is a challenge, but doable); and think really, really hard before I open my purse for anything other than essential grocery, cleaning and personal care products, transportation, medication and so on.

Certainly doable! 🙂

I am thinking February is a great time to do this challenge. And, no, not because it has less days than a regular month 🙂 I chose it because right now I have a good momentum in terms of spending (i.e. I shopped and stocked up quite a bit in Nov-Dec; that means in January I project to spend quite low anyhow).

I am curious how it will fold up 🙂

2. Pantry/freezer challenge: I have many food stored in my pantry and freezer. I have been meaning to consume them during the holidays, but time flied and things/socials happened. But I have not stopped thinking about it. My plan is to eat at least one meal per week prepared by the food already stocked up at my home. I also plan not to stock up any further until I consume half of the entire stock (then I can start stocking up them when they are on sale).

I kind of started it today when I baked a bean dish with the dry beans and frozen carrots 🙂

I know if I can put it in my to-do-list, I will make an effort to work on this challenge.  That is why I plan to record my pantry/freezer challenge activities within my weekly budget check posts.

If you have other challenges, please feel free to comment 🙂

 

Blog at WordPress.com.

Up ↑

%d bloggers like this: