So a couple of weeks ago I joined three other bloggers {Single Mom, Rich Mom, Barbara Friedberg Personal Finance and Money Funk} in a {fun} challenge to see who could achieve the biggest percentage decrease, in June, on variable budget costs.
The five categories of spending we agreed on for the challenge are listed below {I’ve included my normal monthly budget for these categories in brackets also}
So far on the challenge I’ve been good girl, no unruly spending has occurred, lol……..which makes for a change just lately! 
To date I’ve spent £125.53 in grocery, £0 on clothing and £9.79 eating out, going well, but can it last?
For a month I think it’s possible for anyone to cut their spending, it’s keeping it low for the long term that’s harder. There is also a tendency to perhaps, when your month is up to go on a spree, or in my case, there will perhaps be a necessity to spend more on grocery next month, as my cupboards will need a little restocking.
I never know if our budget amounts are low, medium or high because there are so many variables in play, location, family size etc, and they are so personal. Budgeting to me is all about setting a level that you’re happy with, personal to you and your family, which fits in with your current income and your priorities…….and then trying to stick to it
Anyways, plans for this week include a little gardening, a little sewing and generally getting some of my June mini goals accomplished…what about you what {frugal} activities do you have planned?
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{photo credit:ouvyt}
{ 2 comments… read them below or add one }
Awesome job Laura! I just might win the grocery category after all… that’s all I really want to win.
I haven’t felt at all deprived in any way so I know I could do it for the long haul. Had I been prepared on the two occasions I did have to grab something, I could have dropped my eating out spending to zero for the month. It definitely pays to carry something portable to eat and drink at all times just in case.
And I freely admit that I’m (sort of) cheating by not buying my kid the new pair of shoes that he really does need. I’m sure I’ll be picking those up on July 1st.
So we’ll tie for that one.
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“Budgeting to me is all about setting a level that you’re happy with, personal to you and your family, which fits in with your current income and your priorities…….and then trying to stick to it.”
Yes! I like it.
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