Friday, November 16, 2018

November 2018: Budgeting For Celebration Season


Budgeting at the end of the year is always a challenge for us. During October, November, and December, we've got a lot to celebrate in our household:
  • Two birthdays
  • Our anniversary
  • Thanksgiving
  • Christmas
  • New Years Eve (this one doesn't actually count because our celebration usually consists of eating potato chips in our pajamas and falling asleep at 11:15 PM)
Although we make an effort to restrain ourselves, we often end up going a little overboard on extras during these special occasions. Last year, for example, we had every intention to lay low at Thanksgiving and enjoy a quiet long weekend at home. Instead, we found an impressive hotel deal and ended up taking a last-minute, three-day getaway to the desert

Last year's desert pool party
We had such a good time that we decided to take a similar get-out-of-town approach to Thanksgiving 2018. This time we're going on a road trip and visiting a national park a few hours away from home. It's going to be more expensive than last year's adventure because we're staying in a hotel for four nights. Breakfast is included with the room, but we'll be paying for groceries and some meals out, plus gas, plus kitty camp for our Very Expensive Feline. 

Will it be cheap? No. But do I need this mini-vacation? Yes. YESSSSSSS. I don't feel bad about spending the money to enjoy ourselves. 

(P.S. IMPORTANT PSA: You shouldn't feel bad about spending money on things you care about, either. Okay? If you need a break, if you need to get away because your brain is on the verge of cracking into a million little pieces like mine is, SPEND THE MONEY AND TAKE THE BREAK.)

As you'll see in our budget below, we're paying the bare minimum towards student loans this month. Half of our disposable income will be reserved for our getaway; the other half has already gone into savings. 

Speaking of savings, the student loan vs. savings dilemma continues. Part of me wants to go all-out on our loans and get them paid off lickety split. Another part of me is so miserable in my job that it seems wiser to put intensive debt payoff on hold and save up the cash for a one-year career break. For now, we're going the savings route, but we'll re-assess the situation in February and possibly pay off my remaining balance then. 

November 2018 Budget


Note: I may have overestimated gas and pet expenses. I'd rather overestimate than underestimate, though, and if we do have extra at the end of the month, it'll go right into savings.


Expense:
Budgeted:
Rent (including water, sewer, trash)
2100
Internet
65
Phone
78
Insurance
73
Student Loan #1
202
Student Loan #2
400
Thousand Trails
108
Gas/electric/utilities
140
Food
870
Gas
125
Cat
160
Netflix
13
Classroom stuff
40
Other
840
Savings
800
Total Expenses
6014


4 comments:

  1. Sounds like a nice little mini vacation! I'm headed to LA for a visit in early dec and I'm really excited about that. Enjoy your time at the park!

    ReplyDelete
    Replies
    1. Thanks, Tonya! Enjoy LA! I've been sooooo enjoying your videos, by the way.

      Delete
  2. I just want to say you're doing amazing and deserve a mini-break. We also live in a HCOL area and have a roughly $6k/month budget. It's not easily when housing costs so much. Thanks for sharing and enjoy!

    ReplyDelete
    Replies
    1. Thank you so much. I want to give you a great big hug for saying that! :-)

      Delete

The $76K Project's Top Twelve Posts For 2018

I'm talking directly to you: thank you thank you thank you for reading The $76K Project. When I started this blog in the summer of 2...