What in the world are we doing? For some reason, this–the month that Shane and I have our emergency fund completed– is the month that we’ve spent a ton of money beyond our budget.
I’m not quite sure what’s going on, but we need to put the brakes on before we really get out of control.
It seems that shopping leads to more shopping. If we go to Target for a small list of items, normally we stick to that list. Lately though, more items that we suddenly “need” are creeping into our basket.
Even though I’ve had some success in freezer cooking, we’ve been eating out quite a bit lately.
And, in preparation of our new arrival at the end of this year, we’ve been buying things to help us with home organization and such.
Bit by bit, it adds up and starts to get a little out of control.
To top it off, we’ll be traveling to Indiana for a long Labor Day weekend. Even though gas prices have dropped, we can expect to spend at least $150 on gas. We’ll probably go out to eat a few times then as well.
Fortunately, our spending hasn’t caused a budget crisis–yet. If we keep this up though, we’ll be in trouble.
How we hope to get back on track:
– We track our expenses in Mint.com and I tend to monitor our bank accounts on a daily basis. We’ll be able to take a closer look at our purchases so we can evaluate them. Did we really need that item? If so, then I’m not going to worry about it. If not, I might return it to the store.
– With September approaching, we’ll have a new month where we can just start fresh. We can regain our focus and stay committed to our budget.
– When we get back to Pittsburgh, we can institute a “no spending” weekend and avoid eating out, trips to Target, thrift stores, and anywhere else unnecessary.