January 2017 Financial Review

Hi everybody,

It is the end of the first month of the year. I am 1/12 of the way through a No Spend Year and it is time to assess how I spent my money this month.

HOME £5/£2.50

WORK EXPENSE £5.90/£7.50

SOCIAL £161.07/£25 (ooops)

HEALTH £13.50/£5

GIFT £27.87/£25

TRAVEL (DAY TO DAY) £2/£10

So good points:

I was under budget on a couple of categories.

There were no ‘forbidden’ purchases.

Nothing was put on a credit card (not that it was going to be but still I celebrate small victories).

Some budgets will be inflated this month but will balance out in the long run.

Due to my payday being before the end of the month some of these expenses were from my December-January pay and some were covered by my most recent payday.

January will be a weird month anyway as my account balanced was increased from having Christmas present money.

Bad points

I am over budget on most categories including a very, very high balance on my Social budget.

And that is all that needs to be said.

Hmmm.

Let’s look at my January accounts:

MONEY IN

£1485.62

MONEY OUT

£1378.45

DIFFERENCE

£107.17

Which in theory is great, except I don’t know where this £107.17 profit has disappeared to.

Better than my ‘January 2017 Accounts’ spreadsheet telling me I am in debt this month, but it is confusing.

I need to reign it in this February. I don’t have Christmas money going spare, I only have what is in my account and purse. I will have to be careful.

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