In previous months I have done a lousy job of planning ahead for irregular expenses. Quarterly life insurance payment always seems to take me by surprise. So do things like car tags. And back to school registration expenses. For me, those three things will all hit again the month of August. That is roughly $450 worth of expenses that I know will occur in that month but I never seem to plan for. Added to that will be the cost of things like graduation announcements, senior portraits and cap and gown rental as Princess Penelope's senior year progresses.
Well NO MORE! I am going to try and PLAN for these costs! I'm reworking my budget to include a separate savings goal for these things. I am tired of this stuff busting the budget! It is definitely time to make a plan for those. I'm in the process of re-working my budget. I need to account for my raise that goes effective July 1 -- as well as these costs. I need to figure out how to cut more unnecessary spending so that I can quit freaking out every month.
Part of my plan is to go on a no eating out binge for the month of June. Laziness and convenience led to major overruns in the eating out category for the month of June. And most of that was drive-thru convenience and not anything I remember actually enjoying! The one exception to this rule is travel days for work, because I am reimbursed for that, but I'm not reimbursed for the cost of food if I brown bag it.
So in analyzing thus far, this is where I can cut expenses easiest. I think I can do this ---- a stress free August looms on the horizon if I pull it off..... and wouldn't that be nice?