June 2014 Budget & Goals
REMEMBER: You can download this budget template!
When I flipped over my calendar last weekend, I was amazed at how much I already had planned for this month. June is going to be busy, fun and incredibly productive! What are my plans? It’s all in the budget.
Despite the fact that I’m travelling for close to half the month, there’s still room in this budget for my new savings goals to be met! I’m also expecting a big cheque for reimbursement of five months’ of physio and massage therapy, which will go directly into my Emergency Fund, so that number in the sidebar should go up faster than we thought. In fact, I’m hoping to see it hit the $5,600 mark this month!
Onto travel – my favourite! This weekend, I’m flying to Toronto for work and am staying for 7 nights. My flight and accommodation are covered, but I need to budget for TTC tokens, food, food, more food, and a trip to the movie theatre so a few co-workers and I can see The Fault in Our Stars together. (We all read the book on our trip to the Dominican.) I’m also going home to Victoria at the end of the month, to watch Baby Bro cross the stage at his high school graduation! I’ll stay there through the Canada Day long weekend.
Because I’m travelling this month, I took a small bite out of my grocery budget. I’m also challenging myself to dine out way less this month (other than when I’m in Toronto, which I’ve budgeted for separately). I do have one brunch and one dinner in the books, during the time I’m in Vancouver, but I want to try and spend more time exploring the outdoors with friends than dining out.
My fixed/semi-fixed expenses all look normal – housing, transportation, health care, donations, etc. And other than that, I had to budget a little more for gifts, because of Baby Bro’s graduation and Mom’s birthday.
In total, I plan to put 20% of my income in long-term savings, spend 37.5% on housing, 8.5% on food, 11% on transportation, 9% on travel, 3% on health care, 3.5% on myself, 6% on gifts for others and donate 1.5% to charity. It should be a good month!
Goals for this month:
- Map out summer travel dates/monthly budgets
- Transfer public pension to RRSP (I’ll be talking about this next week!)
- Read 2 books (I’ve already started and am almost finished 1!)
- Workout 4x/week
- Do a 30-day plank challenge
What do you have planned this month?