For the curious, here's my budget. These are only monthly bills. Retirement, giving and extra mortgage payments were already doled out. See yesterday's post for that info. I hope to whittle it down even further after I pay off my mortgage to make the "Great Search For The Job That Doesn't Feel Like A Job" transition easier.
So, $700, here's where it goes:
$37 car insurance
$41 cell phone
$47 life insurance
$30 RV registration and insurance
$68 property tax
$6 car registration and inspection
$9 mobile home tax
$4 AAA roadside service
The ** means that I add those categories up and subtract my expenses as they happen. Sometimes I don't spend all of the food or gas money and I can use the extra for something else. I track my spending in a notebook. I like to wait until the end of the month if I need to buy something, that way I know exactly how much I have left.
The other expenses don't change much. Maybe a dollar here or there every 6 months. I re-calculate every time I pay the bill for car insurance or property tax to see if it went up or down and re-balance the categories. Eventually I will run out of money in my maintenance fund, which is the only category that isn't required. Then I'll have to increase my budget to **gasp**...$750???. I've kept it at $700 for quite a few years now. Moving to my RV definitely helped keep the expenses low.