I went over my expected income vs budgeted amounts today and I am really hoping to be able to pay $1000 off my line of credit this month. I put $100 towards it already today, I also paid my cellphone/internet which was $7 less then expected.

I was hoping for a no spend day but need to run to the post office to mail a letter, I also need to pick up a few things for my home business.

This weekend will hopefully be low spend, going for supper with friends Friday evening, Saturday will be the normal grocery shop, and Sunday dd is invited to a birthday party. I have some stocked up items in my gift closet I purchased on clearance after Christmas so we will find something in there and dd will make a card.

I'm working really hard to use up left overs lately to, very happy with myself. Would love to cut back in waste!

Here is my budgeted amounts for January, I haven't been tracking expenses very well but starting next month every receipt will be saved and recorded.

Fixed
Mortgage (332)
Montgage (332)
Lights (150)
Oil (250)
Car Ins (40)
Home Ins (85)
Life In (56)
Bank Fee (14)
RESP (50)
TFSA (50)
Cell/Int (175)
Netflix (8)
= (1542)

Flex
Groceries (500)
Rotary (32)
Gas (200)
Taxes (800)
LOC (500)
Gift Fund (125)
Car (75)
Misc (400)
= (2632)

Fix (1542)
+ Flex (2232)
=4174

Expected Income
4714

My property tax is suppose to be going up the end of the month so my mortgage payments will have to be adjusted when that happens. (paid biweekly)

My income is not guaranteed, that is my projected it could end up be less or more I am self employed so it not set in stone.

With being self employed I pay into my taxes myself.

Any extra left over at the end of the month will be split between my line of credit and the goals I had listed in my previous post.

I am going to start to save all receipts but really work on tracking starting next month!

I've been thinking really hard about my 2015 goals, I want to set realistic goals that I can actually achieve. I didn't have a goal list set for 2014 but I feel like I had a decent year. We had a few visits from Murphy that cost us around $6000 unexpectedly, I paid off my visa as of last week and am working on my line of credit.

Here are my goals:
1) Pay off my Line of Credit (2579.13)
2) Continue with $50 a month auto transfers to my Tax Free Savings and RESP
3) Replace door and picture window in the living room (by spring)
4) Fence in my side yard/property line (by spring)
5) Make an extra mortgage payment by the end of the year (700)
6) Save $125 a month for gift, Easter, Christmas etc.
7) Continue to declutter and purge things in the house
8) Clean and organize the basement

Other then those I want to continue savings where I can, sticking to a budget, trying to cut my expenses. If I have money left over at the end of the month it will go towards things in my goal list or savings. I want to try and commit to posting at least biweekly to try and keep up!

Wish me luck!!