10% MOP 2021: £1098.57/£8599.50
1% MF Challenge 2021: £65.01/£849.50
My MFW thread: https://forums.moneysavingexpert.com/discussion/6167354/financial-freedom-through-mortgage-freedom#latest
He who dares wins! ~ Winston Churchill
We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
10% MOP 2021: £1098.57/£8599.50
1% MF Challenge 2021: £65.01/£849.50
My MFW thread: https://forums.moneysavingexpert.com/discussion/6167354/financial-freedom-through-mortgage-freedom#latest
He who dares wins! ~ Winston Churchill
Well, it looks like some of the food unplanned spend was on a whim. I often think if you make your budget too tight (unless you actually need to), it gets so hard to stick to. If you want to feel like you can treat yourself, allocate a small monthly amount to it so you can order the odd takeaway or the odd thing that you need without going over budget. That way, when you get sick of always being "good" you can treat yourself.kimwp said:August Review:Well....the food budget went out the window and the unplanned spend was pretty big. While I'm still under my overall budget, I'm not sure if this is a successful month as part of the point is to practice budgeting in case I need to at some point. (I've been lucky so far that my income covers my (admittedly second hand furniture and wearing clothes until they have holes) lifestyle quite comfortably. Pondering if I simply need to increase my food budget to £200 or possibly account for the number of saturdays/shops that will be within that month's budget.Also pondering how to manage the "unplanned" spend. I've stuck everything that's not a planned spend under there, but there are maybe two categories - needed unplanned spend (replacing ripped leggings) and frivolous unplanned spend ) takeaways. Also I could alot some budget for these spends and just guesstimate amounts. Advice welcome if anyone reads?
Thanks @QueenJess, I think this is a good idea - I might add a treat food budget. But you're totally right, as soon as I feel restricted, I want to push back. I think it might be a matter (while I don't have to restrict myself) of simply allocating a large amount to the food budget so that I know that I have less to spend on other things.QueenJess said:Well, it looks like some of the food unplanned spend was on a whim. I often think if you make your budget too tight (unless you actually need to), it gets so hard to stick to. If you want to feel like you can treat yourself, allocate a small monthly amount to it so you can order the odd takeaway or the odd thing that you need without going over budget. That way, when you get sick of always being "good" you can treat yourself.kimwp said: