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Monthly Archives: December 2014

Budgeting Score – October


These next last few reports are going out fairly quickly, so not much pre-amble to go here:

Essentials Lifestyle Savings
Target score: 50% 30% 20%
Actual score: 65.6% 24.9% 9.5%

Finally started to get back on track this month.  That can mostly be put down to actually looking at the state of my budget one week in, and realising how badly I was slipping.  Thankfully there weren’t any disasters this month so I was able to claw my way back into the positives.  I also managed to keep my takeaway/eating out spending to just £2 over my set budget, which is a personal best for me.  Most of the time that’s normally not where I’m going wrong, but it’s nice to hit one of my targets for a change.

What is noticeable though, is how much I’m spending on pets.  I guess you don’t realise the cost of vet bills, litter, new bedding, food, and just the occasional new toy, but this month it’s taking up a whopping 10% of my spending money.  This tells me I really need to get on top of figuring out how to cut some of these costs.  Some things like vet bills can’t really be compromised on, but with a bit of research I might be able to find somewhere to buy a similar quality of litter and food for a lower cost.  New toys are nice, but it’s so easy to dote that I think I need to take a step back and really consider whether they “need” a new toy, or if I’m just buying it to feel good about getting them something new.  Food for thought I guess.

October’s final score:

4/10 – Not great, but getting back on track

Past scores:
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Posted by on December 31, 2014 in Budgeting, Self-Improvement