Good morning, peeps. Welcome to our public shaming. I have some good news and some bad news to share with you all. I am proud and horrified by what went on around here during the month of May and I wanted to share as a way to hold ourselves accountable. First, let’s get to the good news.
The good news
May was my first full month being 100 percent self-employed and I’m happy to report that my income exceeded my wildest dreams. There are several reasons that we did so well:
- Our blog income is up
- I got a ton of freelance work
- I got a few other paid internet gigs
- I’m awesome
So, exactly how did I manage to make so much more than I hoped for? Who cares? I made twice (TWICE!!!!!!!!!) my goal income for the month of May and I hope that I can continue with that pace. Even if this month was an exception, I am still excited. I know that my income is going to fluctuate so it’s good to have some great months to make up for the bad ones.
The bad news
This month’s budget didn’t go very well. I started working from home on May 1st and we quickly realized that we had a lot more free time. I’ve been getting all of our housework and most of my writing done during the day….so our evenings and weekends have been free. Do you know what we did with that free time? We totally fell off the stinkin’ wagon! Below you will find the dirty details. I’m not proud…but I feel like I should be honest about our activities.
- We went out to dinner 8 times costing $240
- We spent $116 on alcohol
- We indulged in all of my favorite gourmet foods all month
- We spent $50 at a cheap kiddie arcade
Because of all of these shenanigans, we went over our grocery budget by $400. I also gained 4 pounds!!! What the f’hell?
Our new budget plan
We have done so well sticking to our budget that this month really caught me by surprise. So, now we just have to get back to our frugal roots. We have to get back to the habits that made our finances work in the first place and the month of June WILL be different. We’ve been on autopilot for a while and I now see that we’re going to have to start keeping an eye on our spending. Here’s our plan for June:
- We’re going to check in with our budget weekly like we used to
- We’re going to limit our restaurant dinners to 1-2 times a month
- We’re going to save on alcohol by mooching off our friends
- I’m having a damn garage sale!
You heard it here first, folks. I’m going to sell my shit in my garage…..even though I loathe having garage sales. It’s my punishment to myself for letting our May spending get so out of hand. I’ll let you know how it goes….
So, how about you guys? How did your May spending turn out?