I have been looking forward to writing this post because I felt very good about April. Was it perfect? No. Have I learned everything I hoped to? Also no. Did I feel like I did my best? Yes.
Before I delve into the details of my April budget tracking, I would like to admit I only tracked until April 23rd. I had two reasons for this; neither really excused it. The first reason was that the final week in April proved to be emotionally difficult for me. The second was not emotional – it was practical: I ran out of room on my monthly log sheet.
The fact that I ran out of room 3 weeks in tells me that I make a lot of purchases. There are 51 lines to fill in and 30 days in April. From this, I’ve learned that I should try and consolidate my purchases to create less record keeping. This means not reflex-clicking “BUY NOW” on Amazon for even the smallest of purchases or allowing stress to direct me to junk food for instant gratification. (Stress eating being a whole different topic.)
Tracking my spending in April also made me think twice about what I spent my money on. Knowing I was committed to adding my purchases to the book held me accountable. My last credit card cycle was a lot lighter – approximately $500 less than the month before. I was also able to put some extra money into my savings account instead of having to draw from it to pay the bill.
In May I will continue this learning experience, with a more watchful eye on how many small purchases I make and also how stress affects my decision-making. It was gratifying to be able to consciously transfer money into my savings, above and beyond what is automatically deposited by my paycheck. I’d like to keep that good feeling rolling!