Budgets scare me. I know. silly, considering my blog name is Bubs Under Budget. I guess I never had a problem with my $50 budget, because I always knew I could go over. It wasn't a big deal if I did.
A little challenge for me, that wasn't that big a deal if I didn't do it one week. They scare me because they are so black and white. Or black and red, as it may be. It is so in your face about where you lack self control to not spend you money. Or maybe that's just how I see it?
The thing is, I know my weakness. Ironically, (remember the 50 budget) it's grocery shopping. I LOVE wandering the isles, imagining up all sorts of foods I could create for lunches and dinners and snacks. Which wouldn't be a problem... IF we hadn't moved into my parent's house to save money and pay off debt. Sooooo while I guess I have the money to wander the isles, I definitely shouldn't.
If I don't wander the isles, I can avoid the confectionery one. Full of tempting chocolatey goodness, musk stick sweetness and guilt reducing health and fitness magazines at the other end. I could avoid the baking isle so I don't pick up chocolate chips just in case I feel like baking. Or cake mixes because they are on special.
Look at that. I'm avoiding my budget and I don't even have my wallet on me!
So, the deal is (without being to specific) we have about $33,000 debt. $27,000 of that, I'm ok with. ($24,000 being a car with 2.9% interest that will be paid off in 4 years and $3000 of that being 50 months interest free, which will obviously be paid off during that time.)
The $6000, I'm not ok with. Because there is no reason we should have it... Credit cards.
They seem like such a good idea at the time, but it's just a big trap. Even if you get one just in case. It never ends up being just in case. There'll be a situation that you don't have the money on you, so it goes on the card. And there it starts.
So, we've done all the maths. We've written down what is incoming and outgoing.
And you know what? I think when you have less money, you spend less money. That's how it seems to work with us anyway.
If we have some extra money, it's as if we feel we can relax a little bit, which in turn has us spending extra, so that we end up dipping into the usual money that's already allocated. (made possible by said credit card).
Fingers crossed we stick to our budget this time. I want to have our savings for a house.
Do you have a budget? Do you struggle to stick to it??
And yes, I realise it's a little bit sad that grocery shopping is the thing I usually struggle to contain my spending on. I enjoy cooking, ok?