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Closing the month of August

August 29th, 2016 at 07:40 am

I am closing the month today since today and tomorrow will be no spend days. The budget spreadsheet shows that we surpassed the amount budgeted for the Roth IRA and savings categories. We also did not have to pay for auto insurance or home heating oil for a savings of $1,100.00. We went over on three categories, food (-$5.00), electricity (-$11.00) and Miscellaneous category (-$494.00). The latter one is really painful but I really think that I should up the amount budgeted and really watch it the spending. Eating out really pushed it way up. On the bright side Roth IRA contributions were record breaking high.

I'm also pushing to have three months of mortgage/heloc payments on an investment property slush fund. As of today, there is one month worth of payments. I hope to have this funded before December. First mortgage payment is October 1st.

1 Responses to “Closing the month of August”

  1. rob62521 Says:

    Good planning on your part.

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