April Review: What did I learn? What can I improve in May?

I have been looking forward to writing this post because I felt very good about April. Was it perfect? No. Have I learned everything I hoped to? Also no. Did I feel like I did my best? Yes.

Before I delve into the details of my April budget tracking, I would like to admit I only tracked until April 23rd. I had two reasons for this; neither really excused it. The first reason was that the final week in April proved to be emotionally difficult for me. The second was not emotional – it was practical: I ran out of room on my monthly log sheet.

The fact that I ran out of room 3 weeks in tells me that I make a lot of purchases. There are 51 lines to fill in and 30 days in April. From this, I’ve learned that I should try and consolidate my purchases to create less record keeping. This means not reflex-clicking “BUY NOW” on Amazon for even the smallest of purchases or allowing stress to direct me to junk food for instant gratification. (Stress eating being a whole different topic.)

Tracking my spending in April also made me think twice about what I spent my money on. Knowing I was committed to adding my purchases to the book held me accountable. My last credit card cycle was a lot lighter – approximately $500 less than the month before. I was also able to put some extra money into my savings account instead of having to draw from it to pay the bill.

In May I will continue this learning experience, with a more watchful eye on how many small purchases I make and also how stress affects my decision-making. It was gratifying to be able to consciously transfer money into my savings, above and beyond what is automatically deposited by my paycheck. I’d like to keep that good feeling rolling!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s