What I spend in a month

What I spend in a month dual income + new baby !! TOTAL EXPENSES $25,757.14 TOTAL INCOME $24,759.44 INCOME INCOME NAME PAYDAY EXPECTED ACTUAL DIFF. Nick's Paycheck May-11 $8,000.00 $8,862.62 $862.62 Business Income May-1 $3,300.00 $14,122.00 $10,822.00 Misc. $0.00 $1,774.82 $1,774.82 My husband is a lawyer and I've been doing content creation full time on YouTube, Instagram and TikTok for the last 2 years. Very lucky to be in such a lucrative industry! I'm making the most of it while I can bc social media can be fickle. BILLS BILLS NAME DUE BUDGET ACTUAL Water $80.00 $80.00 Gas $40.00 $40.00 Council Rates $165.00 $165.00 Electricity $183.36 $183.36 Home Insurance $172.50 $172.50 Car Insurance $147.28 $147.28 Pet Insurance $54.16 $54.16 Phone $106.00 $106.00 Private Health $312.83 $312.83 TOTAL $1,360.13 $1,360.13 A lot of our bills are quarterly but we transfer the same set amount into a seperate bills account every month so that when they come in, the money is just sitting there, ready to go. Takes off so much pressure and allows us to spend/save the rest of our money freely ! DEBT DEBT NAME DUE BUDGET ACTUAL Mortgage (Land) $1,967.15 $1,967.15 Mortgage (Build) $1,628.05 $1,628.05 Extra Payment $2,500.00 $5,000.00 TOTAL $6,095.20 $8,595.20 Travel Fund Car Expenses Extra Payment SAVED: $22,500.00 LEFT TO SAVE: $7,500.00 So close! Our 2026 goals is to pay off an extra $30,000 our mortgage. Any extra income goes straight towards this goal (or into savings/investments). Tracking really well with this given time off when Charlie was born. SAVINGS SAVINGS NAME BUDGET ACTUAL Emergency Fund -$2,500.00 $0.00 ETFs $500.00 $938.70 Travel Fund $2,000.00 $7,000.00 Home Fund $250.00 $250.00 Car Expenses $150.00 $150.00 Pet Fund $150.00 $150.00 Baby Fund $0.00 $0.00 Gift Fund $400.00 $400.00 Rainy Day Fund $0.00 $0.00 Business Account $0.00 $0.00 TOTAL $950.00 $8,888.70 We have a sinking fund for Home, Car, Pets and Gifts that we put X amount into every month so when those costs come out, the money is there. Finally booked our Europe/Canada trip using points (hugeee by the way)!!! we decided to go for longer than we originally planned which means we need to save more (travel budgets incoming x) We went over in a few categories (hence the alarming red lol) but overall we were under budget by $61.32 so I'm so happy with that!! EXPENSES EXPENSES NAME BUDGET ACTUAL DIFF. Groceries $750.00 $540.01 $209.99 Petrol $250.00 $160.29 $89.71 Transport $120.00 $68.49 $51.51 Home $50.00 $248.74 -$198.74 Baby Maegraith $300.00 $491.85 -$191.85 Health $400.00 $665.80 -$265.80 Pets $2,500.00 $1,545.68 $954.32 Cleaners $300.00 $302.55 -$2.55 Eating Out $450.00 $790.16 -$340.16 Social $250.00 $97.31 $152.69 Gifts $200.00 $175.97 $24.03 Treating Others $100.00 $171.02 -$71.02 Coffee $150.00 $167.43 -$17.43 Travel $0.00 $0.00 Shopping $600.00 $878.69 -$278.69 Entertainment $50.00 $29.50 $20.50 Books $30.00 $35.29 -$5.29 Hobbies $50.00 $42.67 $7.33 Date night $75.00 $163.63 -$88.63 Alcohol $50.00 $15.00 $35.00 Car Maintenance $0.00 $0.00 Misc. $50.00 $73.60 -$23.60 TOTAL $6,725.00 $6,663.68 $61.32 SPENDING OVERVIEW Bills 3.0% Subscriptions 0.5% Expenses 39.1% Savings 34.3% Debt 23.1% Overall, really happy with how we did this month! It's not lost on me that saving and paying extra on your mortgage becomes easier when your income increases, but money habits aren't built overnight. The reason we're able to make progress now is because of years of budgeting, being intentional with our spending, and sticking to good financial habits even when money was much tighter.