We're trying something new with our budget this month. We typically use a zero-based budget, where every expense is accounted for and budgeted each month. But we've run into some problems lately where a large unexpected expense comes up (this month, it was the pest control people who needed $200 for their yearly termite treatment), and then we're forced to pay from savings because it hasn't been accounted for in the budget. So this month, we decided to just look at the bottom line of what we have to spend. We've subtracted our fixed expenses like our mortgage payment, utilities, insurance, etc. from our take home pay. And the money left over is what we have to spend. I'm keeping a weekly tally of everything we're spending. Hopefully, this will help us adjust in some areas if we're over in other areas. I'll let you know!
image from here
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