Monthly Budget Recap: March ’11

Tell Your Friends: Facebooktwittergoogle_plusredditpinterest


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?

Download my 2011 Budget Template!

Readers…

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

Tell Your Friends: Facebooktwittergoogle_plusredditpinterest



If you have thoughts on this and would like to discuss please use Twitter or send me an email directly.