The Budget Committee Meeting
This week in our Financial Peace class we talk about a spending plan or "budget". Even though I'm facilitating the class, I'm doing the homework and following the spending plan as well. I should be doing this faithfully anyway, right?! This week our assignment was to prepare the budget for May and present it to the budget committee meeting.
Since I'm the nerd, I prepared the budget and presented it to my free spirit husband.
It was the first time in a very, very long time that we had this meeting. I generally take care of the household finances. As long as we have food on the table and the bills get paid, he's happy to trust me. I like this since I'm a micro-manager when it comes to money. But that is a shortcoming of mine that I need to work on. I want the plan to go my way without anyone messing with it. I know real mature! Since we have a partnership, it is/was a great idea to work on this together. We had a great talk and I felt like we are on the same page. It's nice to discuss this because I love working with numbers so much. I feel like a team. Go team!
We also worked on doing an all cash week in regards to food. We took out $200 for groceries and another $40 for dinner's out. Not one debit transaction for groceries and dinner out! It is amazing to me that a family of 5 can eat through $200 worth of food in one week! I've got to get back to couponing and really stockpiling. That's for another post.
How was your week? Did you try a category in your budget in cash?