Kumiko Love Instagram – Today, I closed out my February budget and started my new tracking period for March. 🎉🙌
I am 100% prepared for my 3/1/25 paycheck, and I’ll be heading to the bank today to pull out cash for my variable spending cash envelopes.
My total monthly inflow was $13,959, which includes my starting balance, earned income, other income, and savings used.
For the first time in a long time, I was off by $180. When you close out your budget, your income minus your expenses should be zero, but in my case, I ended up missing an expense somewhere. After about 45 minutes of trying to figure out what I was missing, I decided to just move on.
So, if this has happened to you, it’s okay to move on! Don’t let it stop you from making progress.
This month, I was able to save 20% and invest 6% of my inflow. Technically, I’d like my investments to be higher, but I’ll take it—especially since 40% of my inflow went toward insurance in February.
Not every budget will be perfect, and that’s totally normal!
Have you closed out your February budget yet? How did it go for you? 💬💰
#thebudgetmom #budgetbypaycheck #budgettips #finance | Posted on 28/Feb/2025 22:34:12
