It’s here! The
first quarter financial look…Honestly, I still kept up
with it monthly!
So how did we do? I think great overall, we are living within
our means and we are still able to save a little bit and best of all we
don’t feel as though we are just barely scraping by. When we first started this
journey my fear was that we would just be scraping by. Now don’t get me wrong,
we DO NOT live extravagantly by any stretch, we do not own one of those “BIG” rigs (but
we do own what own), we rarely dine out and I don't buy steak on a regular basis at all! However, I
don’t think we are suffering and push come to shove we could tighten the belt even more if we had to. We are always mindful of our expenditures but this is
nothing new for us. We have always been budget conscious. I really think it’s
just how God blessed me to be, I am not a spender.
A glimpse
into the first quarter numbers!
First figure is the budgeted amount, second
it the actual amount spent.
2014 - 1st
Quarter - Jan-Mar
RV Parking $1650 /
$1600
RV Upkeep $900 /
576.02
Groceries $840 /
$872.34 (OVER)
Eating Out $300 /
281.92
CRV Fuel $450 / $336.50
Clothing $195 /
$165.80
Household $107.86 /
112.66 (OVER)
Gifts not Christmas
$165 / $148.69
As you can see, I
am still struggling with the grocery budget. I KNOW groceries have gone up and
I can’t change that but it annoys me to have to spend that much money on food. We don’t
eat a lot of meat as it is I don’t know how people who do afford it. I have
also been buying less fresh produce, it’s just gotten too expensive, especially
fruit! Being in Florida I would have thought fruit to be cheaper, NOT TRUE! As for the Household line item being over, it’s a catchall category and sometimes it’s things that have no other category to fall in.
Also for 2014 some
categories were increased. Those are Groceries by $30, Eating Out by $45,
Household by $5.86 (which appears may need to be more!), Gifts not Christmas by
$25 and Entertainment by $35. We also added a line for Savings $300/month and
Medical Co-Pays $20/month.
I enjoyed the
quarterly report even though like I mentioned I am still tracking monthly. Quarterly figures are so much larger it kind of scared me at first!
Couple thoughts to
share… there was a $12.72 raise for 2014. In addition, just this month we
changed our cell phone plan; we are still with AT&T but now we have the
value share plan. We have more data then before and are paying less. That’s
definitely a change we like!! Savings when all is said and done should be about
$30/monthly.
Oh and now there
will be a new facet to our finances called VA benefits that we will just be
thankful for but not count on. While we are extremely grateful for the monies they
are not permanent so we will not be adding them to the budget.In addition we are looking at another change as far as our health insurance. We have some options when MiRV retired and chose the one we thought best but now after nearly a year with it we are considering changing. It would be better for us since we are mobile but it could mean a bit more out of pocket expenses however there would be no monthly premium. It's something we are thinking through.
Looking forward...it
is still our plan to continue this RV lifestyle while we can. We know we will
need an exit plan at some point and we continue to explore options on an
ongoing basis. We are also looking at upgrading Sunny in 3 years if we do stay
this course. Much food for thought and long range planning on my mind! And
while I don’t want to over think it, I don’t want to not think it through. So his
saying always pops into my brain whenever I think of finance…
Fail to plan, plan to fail.
So keep
that in mind as you make your own journey, I know I am!