Not for the faint of (budget) hearts!
Planned vs. Actual:
- The energy company still haven't updated our tariff (change completed weeks ago), but have promised to back date the changes
- We reduced the mortgage over payment to boost our cash flow - it's been running too tight over the last few weeks!
- Over spent the grocery, but have bought all non perishable Christmas foods
- Spent £644.09 on gifts and have donated the remaining monies
Going to London a lot more definitely makes it harder to keep my spending in check - I couldn't resist this, or the Habitat ceramic collection - I'll need to watch this in 2014!
Phew I'm glad that's over! We still have a lot going on in December, but I'm finished gift buying, and I'm hoping there will be a lot less spending!
We budget December to November and so this is our first annual budget of 2014. The mortgage payment below is for January 1st - this enables us to increase (hopefully the case), or decrease it accordingly!
The plan for 2014 is to get the badly needed guttering repair completed in the next few weeks, and then start hitting the mortgage over payments. The repair is quite expensive (£1,600) because we need scaffold etc, and it's the old style box guttering that's fitted into the roof.......have I said how much I love old houses!
December Financial Goals:
- Save £1,000 towards house repair
- Save £25 in gift fund
- Save £20 in personal care fund (dentist & optician)
- Save £50 in S&S ISA
- Stick to grocery budget
- Budget includes a small mortgage over payment (£57.66)
- Switched the gas and electric to a cheaper tariff (£15)
- Switched my iphone to a SIM only tariff (£20)
- Switched the boiler cover to a cheaper tariff (£6) + £80 cash back
- Misc included train fares, meals out etc
Okay that's it for December. I'll be back with a budget recap for November over the weekend - it's not pretty!
Have you set your budget for December yet?