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I’m Almost Ashamed to Post This – July’s Spending

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Wow. That’s all I can say. We still spent less then we earned, but just take a look at the dining! I had a feeling things would be higher last month, but over $230 is just insane for our family. That was made up of 17 occasions. That is way to many for us. I’d like to see that number around $80/month (going out to eat once a week).

With the increased dining, one would expect groceries to go down. But they didn’t. I really need to explore what is going on with the groceries. It’s time to pull out the receipts and take a real good look at what is going on. I know we can get our grocery bill down, and having the numbers for July 05 posted proves that.

There is a high expense for entertainment. That’s due to our decision to buy one thing that each of us really wanted (my bass guitar and my husband’s video game).

I also highlighted clothing. I am a little surprised by the money spent here because I didn’t realize how many times I’ve picked up clothing here and there. I thought I was more of a “buy a whole bunch when it’s on sale” type of gal. I just found it interesting and without looking more into it – I can’t remember what I bought. Probably was something we really didn’t need.

As always, questions and comments are welcome.

Monthly expense table by category, May to Jul 2006: totals $1,274, $1,344 and $1,617

Credit Card Applications Demystified

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You learn something new every day! While reading some personal finance blogs tonight, I came across a great post that goes through almost everything on a credit card application.

A few things that I learned:

1.) Some cards with balance transfer offers may have a pre-payment penalty.

2.) Just because it says “Pre-Approved” doesn’t really mean you are.

3.) Always read the fine print.

If you are thinking of applying for a credit card, make sure you read this post first. Cap did a great job laying the important stuff out there in an easy to understand post.