Saturday, May 05, 2007

Budget + Envelope + Cash = $50

We went to Walmart today and ended up spending $50 LESS than we had budgeted ($200) for the week. How many times has that ever happened. It happened because we had a budget, a set amount of cash, and a plan. Armed with the word "No" we were able to stick to that plan. We didn't buy just rice and beans or even mac-n-cheese, but we stayed away from a lot of premade stuff and we had the menu planned for the next week and knew what we needed for that. We were so excited we let the kids each pick out a candy in the checkout aisle.

This budgeting thing is really great. I wonder why no one ever told us about it before. :)

If we can do something similar next week, we'll have an extra $100 to put towards our emergency fund and debt. If we do it regularly thats a big step towards the financial goals we've just now started working towards.
Post a Comment