Is anyone else surprised that it’s February already?
This year my New Year’s resolution was to get my finances in order. I wanted to share my journey with you every step of the way!
So let’s just jump right in!
To see this post in video form via YouTube, click HERE!
Income in our budget for this month will be my husbands paychecks (he gets paid on the 1st & 15th) & variable income from my blog and side hustles (since I’m in college right now and staying home with my little one).
We do not share our income on my blog for various reasons, but that is what I always list first on our budget.
Next is our expenses – Mortgage, car payment, electric bill, etc.
I line my categories based on when they are due. For example, our mortgage is due on the 1st of every month, whereas our electric isn’t due until the 5th. So that’s how I decide where they go each month.
We also don’t share expenses such as our mortgage or our car payment on my blog (just for personal reasons).
I also keep an unbudgeted category as a placeholder, but I don’t actually budget for unbudgeted items.
My budget also includes a “Sinking Funds” category, you can read more about that HERE!
There ya have it, folks. That’s how February’s monthly budget is set up. Check back in at the end of February/beginning of March to see the budget all filled out!
If you would like to see my budget set up on paper, hop on over to my YouTube channel to watch HERE!
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