I came in at $46.39 in the black for the month of February and although the amount is less than what I normally end the month with but that was because I had some unexpected medical expenses. I paid for those expenses with the Health Savings Account that I set up last year so my zero based budget was not adversely affected but I did need to account for the money spent because paying the doctor’s fees and the tests meant that the amount in the Health Savings Account would go down. I also had to make a transfer from savings to the HSA and since I count transfers of savings as an ‘expense’ my total expenses for the month were higher than normal.
I bought one newspaper at $3 and redeemed $5.55 worth of coupons for the month for a net gain of $2.55 for the month and a gain of $0.55 for the year with regards to coupon use. I did not go to CVS as much this month and I also did not have very good coupons that went with the items I wanted to get at WalMart. I think that in March I will use more coupons because at the end of the month I got some great looking coupons in the newspaper.
I was over my electricity budget by $64.62 because of those ridiculously high heating bills brought on by the strange winter we had this year. I did manage to stay under the total utility budget for the month because I cut the cable last year and but kept the budget the same.
I had $13.30 left on the food budget and I am proud of the fact that I managed to keep that under the total budget for the month. Remember that my ‘zero based budget’ is actually set for $200 less than my actual paycheck so that in the rare event that I do go over budget I will not be financially messed up for the month
Great job ending the month in the black!
I’m impressed! Despite all the extra expenses, you still came out in the black! Bravo!
It is a good thing I was able to pay off debt and build up an emergency fund to take care of unexpected expenses. I love being able to come out in the black even when crazy expenses pop out of thin air. This further makes me love budgeting and setting aside small sums in my ING accounts.