Tuesday, February 28, 2017

New Series

I’m going to start writing a new series on the blog. (That makes me laugh, no one reads this but me, so who is this series really for?) At the beginning of each month I’m going to write a post detailing all the “unexpected” expenses we have each month. I’ll call it Unusual Expenses for ___________________ (fill in the month).

Each month, we all have “unexpected” expenses, but are they really unexpected? No, they are just unplanned for. I know that we need to come up with money for car registrations from January to April. I know we need haircuts. I know The Kids need new clothes and shoes. These things pop up occasionally and I need to start planning for them and making sure to include them in my budget for each month.

Some upcoming expenses we need to plan for in March are: car registrations (X2), a haircut for The Boy, family birthday parties we are hosting, The Husband’s birthday, and new baseball equipment (cleats, bag, uniform, bat) for The Boy.

The car registrations are already taken care of. The money for those will come from our planned annual expenses account. (Side note: if we buy a new home, we might need to reallocate how much money that we put into that account, depending on how we do taxes and insurance.)

In our March budget, I allocated money towards “haircare”. This will easily take care of The Boy’s haircut, leaving plenty of money to put towards The Girl’s hair care needs in May. On average, we need to include money towards haircuts for The Boy every month. He keeps his hair relatively short so he gets it cut every 5 weeks or so.

In March, we are hosting the family birthdays for my family. We have about 35-40 people coming over for dinner, cake, and ice cream. I will need to plan accordingly. We will do something relatively inexpensive for food… like spaghetti. We will need spaghetti, meatballs, sauce, salad, and bread. That will probably be about $125. We will also need to buy ice cream and soda. This will probably run us another $75. On my next two trips to Costco, I will start to buy the things we need for the party, thus spreading out the cost. I will still spend $200, but my plan is not to spend it all at once. (Our last trip to Costco was very expensive; we went well over budget. I don’t foresee super expensive trips in the near future so we should be able to add the food needed to the party without incurring too much hardship.) I also padded out grocery budget by $100 for the month. I put an extra $50 towards groceries for each of our budgeting periods. We are putting slightly less towards debt, but we aren’t accruing any more debt. And, with any leftover grocery money, it can go towards debt payment at the end of the month.

The Husband’s birthday is in March. I will need to get him a gift. We will also go out to dinner for his birthday. On his actual birthday, we are going to an NBA game. We will need money for this too. We are driving, but we will buy a quick dinner that night and maybe some snacks at the game. (I have no idea what I’m going to get my husband for his birthday… He is so hard to shop for!!! Any ideas? J)

Lastly, for March, baseball season is starting up. I know The Boy needs new cleats. He wore his last pair for two seasons and now they are too small. Along those lines, as he has grown, his bat is now too small for him, so he needs a new bat. He may or may not need a new uniform, we aren’t sure, it depends on what team he is and what color pants, socks, and belt they choose. We already bought him a new baseball bag. They were on sale on some website for $7 plus tax and shipping. We paid about $15. Not too bad. It’s actually the first new bag he’s ever had. His first season of baseball he used a hand-me down bag of his cousin’s and then his second year he used his dad’s bag from 30 years ago. I didn’t mind this purchase. And I was very happy to find baseball bags on sale for such a cheap price.

I’m sure during the course of the month, more unexpected expenses will pop up, and I will deal with them to the best of my ability. At least this way, I have a plan. I know each month brings non-normal expenses, and I’m hoping this series will help me remember to put them in my budget

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