June Spending Analysis

June was far more frugal than most months, and the pie chart shows it. I paid about 30% more this month in bills than usual because I'm trying to make a serious dent in my credit card debt. The current plan is to do that for the next three months to get rid of the credit card debt I accumulated just this year. Unexpected veterinary and auto repair ran rampant in January and February, and I'm just now starting to play catch up on it. On the plus side is only things I consider an "emergency" has stayed on my credit card. I did use it for some minor things, but paid those off immediately.

Because I've been putting more towards the credit card I took some away from savings. This month marks a new philosophy on credit cards vs savings accounts. I'll go more into that on a later post, but for now I think it's safe to reduce the amount I save as long as I don't stop saving all together.

Gas, groceries, and other necessities, were all good this month. The only reason I even had other necessities this month was because of a hair cut and a couple of small checks for college transcripts. Next month I'm going to take a hard look at groceries. I think if I take a little time to plan meals I can start to save in that area.

On the Luxury break down I actually did fairly well. I spend a whopping $2.17 on entertainment. That was a movie rental with a coupon and a dollar credit on my account for returning a new release within 24 hours. This month happens to be an extreme example of how little I spend on entertainment. It's usually in the tens of dollars for an entire month. Other than that half of it was gifts. Father's day, graduations, a birthday or two, all added up. The other half was eating out. Again, I hope to reduce this cost along with the grocery cost.

June was a good month for me. In the end I paid all my bills, lowered my credit card debt, and watched a movie at home with my sweetie.

Hopefully my pie charts will get better too.