Thriftism

Happy May! With a new month rolling around, that means we need another budget update. For a quick reminder, we run our budget solely on my income of $2,400/month which gives us a gross income of $31,200. We do not include health insurance in our budget as ours is currently covered by our jobs, but if this was our household income we would also be taken care of by insurance subsidies. We do not include all discretionary spending such as traveling or major home renovations, but we do include all entertainment, grocery, dining out, and every day expenses. It is our essentials budget that we live on before adding in trips! If we can do it, so can you! The Budget Our goal budget is balanced with total income minus expenses equal to zero. Numbers in red are expenditures, while black is income. The green background indicates under budget. Red squares point out our overspending.  We did change up the budget a bit to reflect that the student loan is paid off. We split t...

It's time for another monthly budget update!! We missed doing a YouTube video on this so far, but we made it happen this month. For a quick reminder, we run our budget solely on my income of $2,400/ month or $1,200 every other week. This would be a gross income of $31,200. We do not include health insurance costs on here as we are currently covered by our jobs, but we also don't include potential costs as if you were a married couple making $31,200/ year, you would qualify for free or nearly free health insurance. This budget also doesn't include most of our discretionary spending such as travel and home renovations, but does include all of our entertainment and eating out costs. It is our essentials budget that we could live on without any additional spending. The Budget Our goal budget is balanced with total income minus expenses equal to zero. Numbers in red are spending, while black is income. The green background indicates under on within the budget. Red fil...