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.
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?
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