My husband and I paid off the last bit of revolving credit card debt in July!
Sadly, though, we spent a ton of money in June and July, meaning that the payment on our paid-off-every-month credit card is likely going to have to be split into two payments. 🙁
We’ve spent–well, charged–a lot lately because of the new addition coming to our household. Because leg cramps and other aches and pains have caused me sleep deprivation and because I’ll soon be having a C-section and dealing with the recovery associated with that surgery, my husband and I opted to buy a new leather La-Z-Boy recliner. We also had a dead tree taken down professionally to keep it from falling on our house in these summer afternoon storms. Our yearly life insurance payments, our biyearly life insurance payments, and several other yearly expenses came due this month, too. I don’t think I’ve mentioned it, but I homeschool our kids, and we also paid for all of the 2019-2020 curriculum this month. And finally, we’ve had family visiting and have been paying for expenses associated with them (not that we mind!).
In short, we’ve not paid attention to our spending as well as we should have.
The good news is that we’ve already bought a lot of items for Halloween, Thanksgiving, and Christmas, and all of our annual or semi-annual expenses are behind us for the year. We’ve also finished with our home improvements for the year (except for perhaps radon remediation–I don’t even want to think about that!). We’re going with cloth diapers for a second time, and I’m going to try my best to pump this time.
I say all that to say this: We’re going on a spending moratorium SOON. Doing so is going to require closer examination of where we spend our money, so I created a spending journal to use starting this month. And of course I’m making it available here. Just click the download link below.
Since August is the first month we’re using this journal in our household, I’ll probably be making some changes to it next month. In the meantime, if you have any suggestions for this printable, please let me know by leaving a comment below. I’ll respond within a week or so.