Day 27: How Not to Go Insane Over Household Spending (Part 2)

It’s 10.53pm, I’m utterly knackered, and all I want to do is get everything ready for the morning and crawl under the covers of my warm, ever-so-slightly cat-haired duvet.  Bliss.

But there’s something that’s been looming over me for the last few days: something that simply won’t be shooed away by sighs of weariness and attempts to ‘’think about it tomorrow”.

Ah, household accounts.  How I love thee.  When they’re done, that is.

As it’s been nearly a month since my renewed flush of enthusiasm, and with Saint Nick-related spending emptying one’s pockets, I realize it’s vital to keep on top of our end-of-year spending.  At the same time, a flicker of trepidation at just how much that might be at this stage contributed to a reluctance to do the accounts each day as vowed.  Catch 22.

With a glass of wine to fortify the effort, and playful cats gleefully darting after the scrunched-up paper balls, I set to work on the small mound of receipts, IOUs and mental notes that awaited attention.

The new system, as suggested by Isabella Beeton, breaks spending down into specific categories (Fruit & Vegetables, Meat, etc.).  At the top of each column is its monthly limit.  Entries are (or should be) regularly made with a running total calculated every few days to help keep a tab on things.

In spite of added festive spending for the kitchen and Beeton-inspired experiments, I exhaled with relief when each column’s current month-to-date total came in well under the limit I’d set.

So, by keeping a close eye on the accounts and trying to register everything on a daily basis, I’m sure I can continue to achieve this.

Moral of the story:  A close eye on your budget = a tight rein on your spending.

Likely outcome of the story: I’m afraid that I’m no fiscal saint, try as I might.  I’ll commit to updating it at least twice a week and see how it goes.  So far, the results are much more encouraging compared to my previous way of managing things.

Advertisements

Tags: , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: