Home > Final Report: My February Challenge

Final Report: My February Challenge

March 1st, 2008 at 09:56 pm

My February Challenge was to do a "fiscal fast," minimizing extras and sticking to spending on monthly bills, food, fuel, and medical emergencies. Total goal for spending was $2000.

On the one hand, I overspent my budget by about 10%, so that the total spending for February was about 2200. And yes, about 200 worth of expenses could have been either postponed (most of them) or avoided (a few of them), but only $5 is spending I regret. And on the other hand, that $2200 is the lowest monthly spending in quite a while, as my monthly spending for 2006-2007 has averaged over $3000.

Spending included 10 no-spend days--more of them in the first half of the month. The second half I ate out more (but had lower grocery expenses) as midterms at school kept me busy (busy for teachers as well as for students!) (note that by "eating out" I mean grabbing a sandwich or bowl of chili at a fast food restaurant and not a full-sit down meal at a real restaurant, of which I had only two, one after doing a 24-hour fast for a medical test, and one after seeing a play (for $5 each) with my sweetie as our belated valentine's celebration.

This month I'm going for a monthly total spending of $2700--still a cut but not nearly as much because I anticipate car repair and veterinary expenses, plus I need to buy at least one nice job interview outfit since I will be looking for a summer internship and getting ready for "real" job interviews come the fall.

1 Responses to “Final Report: My February Challenge”

  1. HouseHopeful Says:

    All in all, sounds like you did well. Keep up the good work!

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