Did you listen to The $60K Project podcast interview at The Consumerism Commentary? Download episode 131 to your iTunes and take it with you wherever you go! And don't forget to tell your friends!
Have you reviewed your budget to actual spend for October yet? You can learn a lot from looking at a past month's spending habits. Action: Find one category where you feel you could have spent or budgeted better in October and incorporate that change into your November budget.
Recurring Budget Items
October was a rough month for us. Our recurring expenses came on track when taken as a whole, but a trip to the vet for Duke and the addition of another monthly medication put our projected vet expenses over by $165. Luckily we were under budget in some other areas so it evened out.. Note to readers: Pets are expensive, especially as they get older.
As a general rule of thumb, your recurring expense section shouldn't see too much variance each month since these should be expenses you can reasonably estimate
November Budgeting Process Changes
One major change to the November budgeting process - Mike is taking over the budgeting/bill paying process for the time being. I have been in charge of documenting our progress for the past year (with Mike's input) so I thought it would be a good idea to get Mike more involved. Last time I checked he had turned my 4-column Excel spreadsheet into a 10-column and counting, but he swears he's "simplifying" the process. Can't wait to see how simple it is!!
Does your partner in crime understand your budgeting process and bills that need to be paid? It's important that everyone involved understands the process and goals that you want to achieve.