This post is coming out a week late since I spent last week catching up on work after breaking my arm. All is well and the healing process has been fast and mostly painless, but adjusting to work with only one good arm has taken awhile. The whole situation has also forced me to confront a lot of buried financial anxiety– something I’ll write about in next week’s post. But for now, let’s dig into my budget for February.
My income is the same as always, though my savings have shifted a little. My standard Roth IRA contribution is $550 this year, and gifts, travel, and my EF are at their standard deposits for this year, too. My car fund is typically $300, but due to having to cash flow some courses I needed to take in order to coach, I needed to lower a category of my savings. Having recently gotten new tires, I’m feeling more secure in my car’s ability to last, so lowering this deposit felt the most natural this month.
My fixed costs are the same, but I added the extra money needed to cash flow those coaching courses to my “other” category. This brings my variable spending to $690 this month. I will note that I will get reimbursed for the coaching requirements, so when that money comes in, it will go back into my car fund.
Here’s the full view so far, as of the day I’m writing this:
You can see how I total up my variable expenses on the right hand side, as well as my notes for where my money will go once certain sinking funds are full.
I love my budgeting spreadsheet more and more all the time. As always, if you want to try my system, click the button below and make a copy to plug in your own numbers.
See you all next week 🙂
See you guys next week!
Rachel
Teachers Talk Money 
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