January Finance Chat

And we’re BACK for another year of finance chats and just generally being financially responsible! Who’s excited? I know I am! I always seem to have a renewed sense of purpose with budgeting when a new year rolls around. Fresh start, clean slate, etc. December is nearly always an absolute blow out when it comes to the budget, so being extra strict in January is a great way for me to get myself back on track. Let’s check in with how I went with my December finance goals, and then make set some new ones for January.

December Goals
I think I did a good job of being ‘reasonable’ when it came to buying Christmas presents. I didn’t buy anything too extravagant, and stuck to the budget for the most part. I’d say I went over slightly, but nothing too crazy. I’ve reduced unnecessary spending, and haven’t really bought much at all for myself over the last couple of months. I did buy some more planner stickers though, but I had the urge and I had to roll with it. Everything else I’ve purchased lately has been via other people’s money in the form of birthday and christmas gift vouchers. I have not cut back on coffee, and really now that I think about it that was a stupid, unreasonable goal. Coffee is a necessity in my daily morning routine and I just have to live with it.

January Goals
– start using my monthly budget book (pictured above) to track finances for the month
– continue to put money into my travel fund, and only remove what is absolutely necessary for our trip down south at the end of January
– cut back on unnecessary day-to-day spending
– keep track of everything I spend for the whole month

And that’s it for January! What are your financial goals for this month/year?