Care to go on a trip down memory lane with me, friends? As I was working on this post, I remembered that the first budget I ever wrote was in November 2011. Sometimes I hate going back to old posts, because they remind me of different life stages I was in (some not always pleasant to revisit) and the writing was so bad. But the budgets… I love looking at old budgets! My very first one shows you how serious I was about paying off my debt, in the early days. In November 2011, I brought home approx. $2,775 and anticipated that I’d put $1,632 towards debt repayment – that was 59% of my income!
This month, I earned $4,590 through freelance client work, set aside $1,377 (30%) for taxes and another $1,029 (22%) for retirement; that’s not quite 59%, but it’s pretty close – and I’d never know this stuff, if I hadn’t documented it all here! As I said in my interview with Mark for his guest post on Rockstar Finance this week, I don’t share numbers so we can all compare them against one another – I do it to stay accountable and to track my progress. If you want to be able to analyze your numbers and find trends, I’d suggest you save copies of your budgets somewhere, too. :)
Now, to this month’s budget – the final one in my fourth year of doing this!