Yay our budget is working GREAT!

After seeing Becks' post about budgets I made our own one up, as we didn't really have any rules about the amount of money we could spend and our montly credit card bill was getting higher and higher (we use CC to pay for daily spending to get airpoints then pay it off before getting charged interest).

I can't believe how much random sh*t we spent money on and how much was just totally unwarrented spending.

Just from DH's fornightly pay DH and I each get $80 in our own little accounts (yay for bnz total money!). DH isn't happy about having to pay for his lunches if he wants to buy out of his money but tough. That is his prob if he is too lazy to come home or make his lunch lol.

We have a "Houdini" account for Daniel which gets $40 for all his clothes etc. I even have a Christmas account so we can go nuts at the end of the year. And we even have $150 going into savings a fortnight which is way more than the $20 I was putting in hehe

Yay I'm so proud it's working great so far!

And then we are going to use our WFF payment (of which we are FINALLY receiving) to do things around the house and for our holiday in September.

One thing I have wondered is what on earth were we spending my pay on when I was working full time?!?!

I think I'm going to have to re-work my budget as I am back to spending sh*teloads on nothing and my credit card is creeping back up. I was doing so well there!!

Oh yeah, meant to say well done!!

Edited by nikkiwhyte

I buy lots of lunch costs me a fortune!

Speaking of eating out... I'm off now. haha. I'm useless!

When we bought the house I did up a budget and it's pretty good. We don't have "spending" money each, but DF buys 2 sandwiches for his lunch each day (and takes fruit, muesli bars etc from home) and I buy a soy mocha for morning tea each day so it kiiiiind of levels out (except his sandwiches are more expensive but oh well). And what we have left in the account (usually between $130-200 a week depending on DP's hours) is for whatever we want - smokes, groceries that might be needed, speedway (though thankfully the season is over because it was around $50-60 a week). All of the bills are paid by AP, and we have a grocery and car account where I transfer money to so we always have money in there. If we need something personal that is sort of over $20 (i.e. my monthly wax, a new Thermos for DP), we check with each other and I usually say yay or nay (I handle the finances) if we have the money in there. It works well for us. We also save $100 a week on top of that - but we have two full-time incomes coming in which makes that quite easy. That savings will also be money for the renovations and the wedding, for big ticket items, otherwise smaller, cheaper items will come out of the weekly 'spending" money...

Ramble over - glad it's working Stacey! It's amazing what we spend money on without realising it!!!

I make DH's lunch, I'm such a good wife. Saves him buying it at the Mess though.

Unfortunately most of our budget goes on petrol and food!!

Great Budget Stacey!! I really need to pull my head in and stop spending on everything and nothing

Yeah i'm not doing too bad with mine. Have had the odd hiccup but nothing too bad. The trip to Hastings did cost a bit (damn petrol prices). But i'm coping.