The January Budget Breakdown

Hahaha.

Apparently we don’t finish strong around our neck of the woods as our last two budget breakdown posts have been a week late. They’re the last ones and from here on out you can find a budget breakdown post for EVERY month of the year! 🙂

If you are only now joining us, in these posts we will write-up typical expenses that may get overlooked for the particular month so nothing can sneak up on your budget.

With that, let’s dive into our January post.

•  Travel
  • Going home after the holidays
  • FOCUS (Fellowship of Catholic University Students) annual conference travel
  • Weekend winter getaways
• Fitness
  • Workout clothes
  • Gym membership
  • Fitness DVD’s
  • Supplements, vitamins, protein powder
• Organizational Items
  • 2016 Planner
  • Storage bins to organize around the house/car
• Winter Clothing
  • Jackets/Coats
  • Ski or Snow boarding gear
  • Boots
  • Gloves
  • Other accessories
• Winter Fun!
  • Ice Skating
  • Skiing
  • Snow Boarding
  • Sledding
  • Cross-country skiing
• Birthdays
• Car Maintenance
• Life Insurance premiums

January is a quiet month as everyone typically keeps things simple after the holidays. It’s also a month of getting your New Year’s Resolutions going which you likely need to budget for. As usual some of the above expenses are best budgeted for as a sinking fund...like car maintenance or life insurance premiums.

Happy New Year! It’s never too late to start budgeting or change your spending habits so make this year one to remember by getting financially fit!