Monthly Budget Recap: March ’11

Monthly Budget Recap: March ’11

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Since incomes are relative, my recaps are in percentages instead of dollar amounts.

March 2011 budget recap

Moved!

This was a weird month because I unexpectedly moved to a new apartment. Throughout the month, I incorporated moving expenses (and profits) into my budget and made decreases in other categories to offset the unplanned spending.

Income

I sold my car, received my apt security deposit, received an auto insurance credit and sold various pieces of furniture this month. This resulted in an additional $2,000 to my monthly income. For this reason, the percentages are not a direct comparison but still useful to know.

Fixed Expenses

I cancelled my auto insurance when I sold my car and received a refund for what I had already paid. I went over on my texting again, however, I have decided to increase my monthly plan by $5. I have the room in my budget to do this and it makes more sense than paying the overcharges every month.

Total January Fixed Expenses: Budgeted – 62%; Actual – 35%

Variable Expenses

When I learned I was moving, I immediately added an “apt/move” category to my budget and made adjustments in other categories accordingly. Thankfully, I over-estimated my moving expenses!

Total January Variable Expenses: Budgeted – 62%; Actual – 50%

Savings

This month I set-up categories for multiple saving funds in my budget. Instead of only adding to my emergency savings, I want to be able to add a little bit to an entertainment fund (races, concerts, etc) and a travel fund each month I included them in my budget to start a routine of adding to them.

I took money from my emergency savings to cover the security deposit of the new apartment. When I receive the check from the old place, it will immediately go into the emergency fund.

Total January Savings: Budgeted – 8%; Actual – 5%

Still need a budget?

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Readers…

How did your March budget look? What unexpected expenses did you have?

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6 Replies to “Monthly Budget Recap: March ’11”

  1. I’ve been buying a lot of clothes lately. I have a budget for clothes, but I spent more than that. I moved within the past year, so last year this time I was in a cold place. Now I’m in a warm place and I’m finding my stacks of sweaters just aren’t going to work year-round here like they did where I used to live.

    Also, I have a shopping problem :)

  2. I had to buy some shorts since the weather got extremely hot all of a sudden but it was pretty much on cue/ things I had been saving before. This month is already way different and I’m only three days in!

  3. Thanks for the budgeting template. I’ve been trying to decide whether to stick with PearBudget’s Excel or switch to something else so it is nice to have other options.

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