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August $20K Challenge Update

September 1st, 2008 at 03:49 am

Overall, it was a pretty good month:



THE GOOD:
Grocery - the lowest we spent in a month this year.
Utilities - No bills due for this month (unfortunately Sept is going to be a lot more than normal).
Clothing - didn't spend a cent.


THE BAD:
Transportation - not really too bad considering we just filled up the car. Extra usage due to a day trip we took for this month.
Allowances - mine in particular was a bit over.

THE UGLY:
Entertainment - way over!! And it is not going to get any better for Sept either. Oh well. I think I really under estimated this category by a lot.
Medical - an injury that need medical attention. Could not be avoided. It could have been more (almost twice as much) if we didn't have private insurance. I think the rebates we received this year from our health insurance pretty much paid for our premiums for the year.

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FUNDS SNOWBALL (see My Pages):

I've fully funded the Holiday Fund (woohoo!), also managed to put some money in the Tuition fund. The tuition should be funded by the end of this month. We will only need to put in another $800, anymore than that will be too much. So by the end of Sept I will achieved my funds snowball goal, couple of months earlier. I'm gonna need to think of new goals.

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I really need to blog more (even about boring stuff), it tends to help my budget. I might make this as one of my goal for this month.

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