*Mortgage, property tax, and student loan expenses are omitted from the chart.
May was the first month we really tried to stick to our budget. However as you can see, there were many hiccups which led to added expenses. They can be categorized into three general buckets: 1. expenses that should have been anticipated, 2. expenses that were unexpected, and 3. a few funds that required extra money for the month.
Expenses that should have been accounted for when we did the May budget included:
- An oil change for our SUV ($150) – It was time for a maintenance that should have been foreseen.
- A gift for friends whose wedding we could not attend ($81) – Again, it was in my calendar so no excuses!
- A water filtration system ($240) – Some people may think this is an unnecessary cost. However, living in New Jersey comes at the cost of very hard water. Drinking filtered water is a priority for us. The Berkey filtration system we got lasts about 2 years and is portable should we move.
- A barbecue for Memorial Day weekend ($159) – We had known since late April that we were going to have a cookout. Fortunately we were able to use a gift card that we had ($80) and someone chipped in some money for food and drinks ($50).
Unexpected expenses included:
- Creams and ointments for Baby K’s eczema ($38)
- An Uber ride when there was a stalled train ($7)
- A travel-sized baby bottle cleaning kit ($16)
Expenses that required additional funding for the month included:
- Cable and Internet ($81) – Our bill increased. Justin had to call and talk them into lowering our rates again.
- Car insurance ($90) – Our policy was renewed so I paid one month in advance.
- Gas for the car ($40) – Due to the fact that I was still on maternity leave during the first half of the month, we were using our SUV more than usual.
Every month is a learning opportunity. I am hoping that we are able to stick to our June budget better than we were able to for May. Here’s to trying!