Monday, July 28, 2008

Budgeting Forward

Yesterday we discovered how to do something new with our budget. It's almost August and we needed diapers, formula, and baby wipes (oh my!). We found some deals at Target and ended up spending just over $100.00. This is what we got:

- Two extra-large boxes of Huggies size 3 on clearance. This will last us the month, if not longer.
- One large box of sensitive wipes. Again, this should last us through August.
- Two cans of "bonus size" formula that includes 20% more formula "free". Same price as we normally pay. This is two weeks worth for our seven-month old.

Here is what we did:
- Took one can of formula out of this week's food budget.
- Took the other can of formula out of next week's food budget.
- Subtracted remaining amount from remaining July household budget.
- Carried remainder forward to August's household budget.

I don't like to "borrow" from money that is in the budget but not funded yet, however we made an exception this one time. I was very proud of myself for figuring out what should come out of where and how to do it.

No comments:

Post a Comment