June 2009 Month End

Time to say good bye to another month of 2009!

As I said through out the month, June was going to be expensive. We did go over budget. However, my Dad hasn't cashed that $400+ check yet for the truck repairs so technically we were under budget. I've already moved the "surplus" over to our emergency fund. That "surplus" is less than the check which is why we're still over budget. I've also adjusted the July budget so that $400+ check has a line item there. I'll be keeping a very close eye on the budget in July so we don't go over again. However this, too, is going to be an expensive month with my sister's wedding, our annual BBQ and that truck repair check hitting the books. Good thing July is also a three paycheck month for me so our budget still looks fat and happy. Even with all the expenses I still project us putting almost $2k into the emergency fund plus some more money in the travel fund, the Christmas savings, the basement savings and the car fund. Yay! But, on to the month of June:

Debts:

None! Other than our mortgage which I won't be detailing here other than to say we're paying ahead a couple hundred dollars each month and hope to re-finance out of our ARM sooner rather than later!

Savings:

Emergency Fund: $2,714.94 (+170.42) - We didn't make much progress with the emergency fund last month. I hope to dramatically increase the contribution this month. So far I've already transferred $500 over. Yay!

Short Term Savings: $258.72 (+50.01) - Standard $50 contribution this month. We intend to use this money for initiation dues at the YMCA. My workplace is still checking with corporate to see if we get any health insurance reimbursement for certain chains of gyms. I think the YMCA and Gold's Gym may be options but haven't heard back yet for sure.

Travel Fund: $703.09 (+20.85) - Regular contribution again. This will be gone by the end of this month! I'm looking forward to our vacation. I think I'll be bumping up our monthly contribution to this fund next month. $20 takes too long to accumulate. And I want to travel more!

Christmas Savings: $332.32 (+0.41) - No money for Christmas in June! However, I do have some money budgeted for this account in July. Finally some action!

Basement Finishing Fund: $0.00 (0.00) - No money in this account yet. I plan to create and seed this account in July though!

New Car Fund: $0.00 (0.00) - Ditto to above. Gotta get this one rolling too.

And there you have it. Progres was made to our goals in June. Not as much progress as I would have liked but I'll leave my impatience out of it. Putting money in savings is good! I'll just keep remembering that.