I need to be kept accountable!
a. Who you are
I'm Meg & I'm a 24-year-old SAHM to 3 boys going on 5, 3, and 2, with a girl(?) on the way. We've always been a single-income family, but luckily, because of where we live, we get a monthly cheque from the government for kids expenses (this equals about half of DH's monthly income). Because I stay at home, my spending is usually online - it's just too easy.
b. Where you are going (your financial goals)
-Pay off credit cards
-Save for DHs unpaid parental leave (2 weeks?)
-New roof fund
-Plan our meals & cut down on wasted food
I'd also like to declutter and avoid buying things that won't have a place to be kept.
c. How you plan to get there
I made a rough budget for 2011 (DH thinks I'm nuts) to plan debt repayment, birthdays, etc that I knew could be planned for. We have NO savings right now, but at the end of the year, with this proposed rough-draft budget, we'd have saved over $20,000. That's bare minimum spending, though, and I forgot to add in oil changes, etc. That money will be going toward a new roof, van, schoolroom, etc. but we'd still have some left and it'd be a great start.
= No-spend day
= Budgeted spending
= Under budget!
= Unbudgeted/Unnecessary spending
1/05: (actually made money with a price adjustment & a return! this will pay for a bookcase we were planning to buy)
Paid to credit cards: $120/$2300