June Expenses Recap!

 I hope everyone is enjoying their 4th of July holiday! We've been lazing around the house listening to Dave Ramsey and figuring up last months expenses. We're going to the mountains for a picnic dinner and will probably watch Downton Abbey when we get home. Wow....we're old people!

June was our first month of completely combined expenses. Now we can really see what we're spending!
To figure out what we spent/where we spent it I went to our bank website and downloaded a transaction file. Really easy to do! It opens into an excel file. What I did was organize each transaction into different categories and then figure out the percentage we spent in each category. 


Then I went to PieColor and made a pie chart. Actually now that I think about it I could have done that in Word and it probably would have been prettier. Here are our results:

      That 2.9% going out....unplanned. We really didn't realize we went out that much! Ouch. Needs improvement right? 
      Also the giant Discover payment is going away as well. Most of that was leftover from expenses on our Honeymoon and it's now completely paid off. Phillip still uses his card for gas to get the cash back rewards. 
      The 9.88% Miscellaneous expenses comes from a few things that were expected, a bridesmaids dress, wedding shower gift, and mail said shower gift took up a big chunk of that. We also went camping so that included food for camping, buying firewood and supplies, and renting bicycles. 
     I'm starting to see why having a Zero-Based budget is important, we definitely need to work on sitting down and setting up a budget that we will actually follow. I know it will be a process and we have to train ourselves to do it but I think we can (sounds like Bob the Builder right?).
    But in good news when all was said and done we brought in more than we spent which is always a good thing! 
   Enjoy your holiday!