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?


6 Comments

  1. Dee says:

    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. Serendipity says:

    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. Jason says:

    The train pass really kills you doesn’t it? It’s 13% of your budget. Commuting in NJ is a killer.

  4. We bought a bed, so that was a big expense for this past month!

  5. E.C. says:

    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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