Do you have a time of year when you spend way more money than at other times of the year? I do. And it’s here.
When the temps soar, so does my mood. BUT, so does my spending.
Just in the last week, with balmy temps of high 60′s and low 70′s, I went on a bit of a shopping spree and spent over $200 on the following:
- Two Fitbits.
- Tracks steps, distance, calories burned and active minutes
- Monitor how long and well you sleep
- Wakes you (and not your partner) with a silent wake alarm
- LED lights show how your day is stacking up against your goal
- Slim, comfortable and easy to wear (sold with both large and small wristbands included)
- Two books.
The books were gifts and came out of our gift budget. However, the purchase of the Fitbits were a bit impulsive. Okay, a lot impulsive. I was very close to joining Weight Watchers when a friend told me about the Fitbit. It helped her keep track of her calories and exercise and was helping her lose weight. Yes, please. However, the selling point for me was the fact that they were wristbands and I would definitely wear them. I also thought it would be great to have my husband track with me, so I bought one for him. A little competition is a good thing, right?
Still, useful or not, I didn’t budget for them. (AND, I didn’t pay for them with cash. Never a good thing.) I now have to pull money from another category to cover the expense. Rest assured, I will not be pulling from my emergency fund.
Since I keep track of all of my spending and have been doing so for the past 4 years, I can review previous years’ spending charts. Guess what month I spend the most? May. Yikes! I’m hoping that since I’m aware of my spending patterns, I can put a spending freeze in place for the month of May. Not a “No Spend”, or fiscal fast, but a cash only, “spend for necessities only”, type of month. I already know that I have Mother’s Day, my son’s birthday and a weekend getaway planned, but if I can plan my spending ahead of time, I may just have a chance at keeping my budget intact.
I’ll keep track each week in May and post my spending here for all to see. Keep me honest, folks.
How about you, is there a month where your spending goes haywire? If so, which month?