Posted by Tim Stobbs on March 30, 2007
Today rounds out our Tracking Every Penny series with irregular expenses. Now in this section I had the following break down of spending.
Kid Clothes = $44.04
Kid Diapers/Wipes = $30.68
Kid Other = $12.70
DVD = $21.79
Clothes = $45.27
Medical = $37.58
Gifts = $84.18
So in summary the kid cost us $87.42 which includes enough diapers to last us about one and half months (the kid wears cloth diapers during the day). Gifts was a bit higher than normal with a high concentration of birthdays in March while medical was also abnormally high (typically it comes in as a zero for most months).
Therefore our total spending in March was $3171.30 which included $400 in furniture I would consider a rare expense, so if I take that off I’m at $2771.30 which is still a bit higher by $122 than I would have predict with my rough budget of 30-30-40.
In the end, I’m spending fairly close to what I thought I should be spending in the month and I learned a few things about my spending that I didn’t know like we are going through around 8 L of milk a week (keep in mind my wife does run a daycare). Overall I would recommend this as an exercise to anyone who has never done it. It can shine a light on the world as it is, rather than what you think it is.