Mogul In Training

In a nutshell, I was able to stick to my $40 a week Spending Plan. In order to keep track of every penny I spent, I put a container in my car to store receipts. Also, I found a website called SpendingDiary.com that I used to track my entertainment spending. Once the numbers are entered on the site, a report can be generated for daily, weekly, or monthly spending. What I did find, though, is that my $4 a day spending should not be for the work week, meaning Monday through Friday; rather it should be Sunday through Thursday because Friday and Saturday constitute my weekend. I would exclude Sunday because I usually go to church, then home to do chores and run errands. Therefore, my entertainment is usually on Friday and/or Saturday nights.

So, my total spending for the week was a whopping $39.57. This included spending my $4 free money everyday at work and having drinks and an appetizer at 'On the Border' on Friday night with the girls.

Another revolation for me, now that I am finally taking control of my frivolous spending, is that I need to include at least $20 a month in my budget for miscellaneous spending. In the miscellaneous spending category, I spent $3.85 to buy some handwipes, sanitizer and a small notebook.

I am SO proud of myself for sticking to my entertainment spending plan. I know that having this blog has made me more accountable. Even if no one reads it, it is my way of holding myself accountable--kinda like an online money diary.