October accounts analysis

Well another month has gone by and we have once again managed to spend less than we have earned. We have got quite a way ahead this month thanks to the building industry recovering a bit more in terms of hubby finding work. Over the last few months we have created 14 categories that our spending tracking is divided into – even the cats now have their own category so we can see how much they are really costing! Although it takes a little time to record spending every couple of days on the spreadsheet it’s a great reward at the end of the week or month to see the areas you have saved in or not saved in as the case may be. Not meeting goals can be a very good motivator to keep trying harder the next week. Although in the last 10 months we have changed our lifestyle considerably I know there are still lots of ways to further reduce our spending. We haven’t yet experienced a Christmas with our new spending goals – traditionally Christmas has always been a blow out time for us so it will require a lot of control over the next two months to stay on track