Tuesday 1 November 2011

November Challenge: Spend Only $2300 on Everything!

Today marks the first day of my spend only $2300 on everything challenge. This month I've challenged my family to only spend $2300 on everything we need including rent, heat/hydro, gas, food, phone...well you get the idea, $2300 on everything.

I just started keeping track of our expenses this September so I only have two months of totals, but it gives a general idea of how we spend our money. For the month of September our total spent was $4168.27, $388.33 was on groceries, $177.43 was on takeout and $266.70 was on gas. As for October we spent $3119.64, $459.09 was on groceries, $170.98 was on takeout and $170.04 was on gas. As you can guess spending only $2300 is a lofty goal for our family of four, especially considering our rent is $1100, but as you can see we are up to the challenge.

Spending Day 1:
$1100.00 - Rent
$30.00 - Gas
$8.08 -4L Milk and a dozen eggs
$3.98 - Two boxes of cookies

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