February 8

My Grocery Haul for February

Hey everyone,

I was ramen noodles for a while because I didn’t have any other food.

So, I decided to go grocery shopping last Thursday (February 1st).

I increased my budget to $120 since I wasn’t eating out as much as I used to.

I paid $117 out of my $120 budget.

Here are pictures of what I bought:

Here are some deals I scored on:

  • 99 cent jars of pasta
  • $4 for a 3 pound bag of Mandarins
  • Mini pizzas for $1
  • Buy One Get One Free Nathan’s Hotdogs
  • 88 cent boxes of pasta
  • $1 boxes of Pillsbury cake mix
  • $2.50 refrigerated cinnamon roll dough

Here are meals I plan on doing this month:

  • Jambalaya
  • Chili
  • Pasta with veggies and sauce
  • Hotdog night
  • Pancake and oatmeal night

Let me know what you think.

Thank You and Have A Great Day,

Millennial Buddy

 

February 7

Getting rid of clutter in my kitchen

Hey everyone,

My kitchen has had a lot of cardboard boxes in there.

See the picture below:

They took up a lot of space.

I decided to throw the boxes away.

I had no reason to keep them.

With the boxes gone, I have more space in my kitchen.

See the picture below:

My next project is my garage.

Let me know what you think.

Thank You and Have A Great Day,

Millennial Buddy

February 6

My View On Credit Cards

Hey everyone,

I’ve been criticized by some people for using credit cards.

I understand why some people don’t like credit cards.

They have high interest rates; easy to use; and can get anyone into debt if he or she is not careful.

However, credit cards have been beneficial to me.

Here’s why:

  • I pay off my credit card balances online every week. Because of that I avoid paying interest.
  • I only use credit cards to spend money on items I have budgeted for each month (e.g. Groceries, Gas, Personal Needs).
  • I won’t use my credit card for splurges (e.g. Clothes I don’t need).
  • I don’t use credit cards for big purchases. I save up money for those.
  • It’s easier for me to dispute fraudulent charges on a credit card than a debit card.
  • I don’t have to worry about holds on my bank account (like I do with a debit card).
  • I get gift card rewards for using my credit cards once a month or once a quarter (depending on how many points I have).

Overall, credit cards have not been an issue for me because I have been responsible using them.

I own my credit card (rather than it owning me).

Let me know what you think.

Thank You and Have A Great Day,

Millennial Buddy

 

 

February 5

Updates on my career goals

Hey everyone,

As some of you know (you’ve probably heard it on my show), I’ve been tired of the career I am currently in (accounting/payroll industry).

So, I’ve decided to try a different career path.

Since I have expertise in managing my own finances and have a Bachelors degree in Psychology, I would like to eventually be a financial coach/counselor.

I want to help people manage their finances better so they can achieve the goals they want (e.g. Retirement; Vacation).

Here are some goals I want to achieve to get there:

  • Save up money for training.
  • Get training on becoming a financial coach/counselor.
  • Get experience helping other people with their financial situations.
  • Find clients that need my services.
  • Get enough clients to support myself.
  • Find alternative streams of income (just in case I can’t get a lot of clients).
  • Get a business plan in tact.

I found out that the Dave Ramsey Training Program costs $1800. I have decided to start saving money to pay to take the course.

Let me know what you think.

Thank You and Have A Great Day,

Millennial Buddy

 

February 4

What I’m Going To Do With My Leftover Money From January

Hey everyone,

According to last week’s post, I had $230 left over.

Here is the link to last week’s post:

How I did on my budget in January

I did my taxes last week and will owe $231 for not having health insurance for 4 months last year.

Because of that, my leftover money will be used to pay what I owe.

To me, it’s more important pay off what I owe versus what I want.

Thankfully, I saved enough money to pay the taxes off.

This year, I have insurance and don’t plan on cancelling it unless I have to.

Let me know what you think.

Thank You and Have A Great Day,

Millennial Buddy

 

 

February 3

What I Wore To Church On Sunday 1-28-18

Hey everyone,

Today, I’m going to share with you what I wore to church on Sunday.

Here are the pieces:

  • Tommy Hilfiger Sweater (It cost me around $20. Been in my closet for 3 years).

  • Dockers Khakis (I bought them at a thrift store for $2).

  • Phat Classic Penny Loafers (I bought them at Roses for $15).

Here are the pieces together:

Here’s how I looked in the outfit:

It cost me $37.

Let me know what you think.

Thank You and Have A Great Day,

Millennial Buddy

February 2

An Outfit I Wore Recently Post #11

Hey everyone,

Today, I’m going to share with you an outfit I wore recently.

I wore this outfit to church last Wednesday night.

Here are the pieces:

  • Goodfellow & Company Sweater (I got it for Christmas).

  • Ralph Lauren Jeans (Around $12).

  • Reverse loafers (Around $25).

Here are the pieces together:

Here’s how I looked in the outfit:

The outfit cost me around $37.

Let me know what you think.

Thank You and Have A Great Day,

Millennial Buddy

February 1

How I did on my budget in January

Hey everyone,

January has just ended.

So now, it’s time to share with you how I did on my budget in January.

Here’s a link to the budget I created:

https://docs.google.com/spreadsheets/d/1FSRmR9oaKz8WVSr7ubyNON3jPyryYjgrNmVCzwyfFjY/edit?usp=sharing

Here’s how I did on the income:

  • I earned $9 more than I expected ($1741 vs. $1732). Tax tables were revised at the middle of the month (due to the new tax cuts the government passed).

Here are my expense wins for the month:

  • I spent $16 less than expected on groceries ($84 vs. $100).
  • I spent $158 less than expected on car expenses ($42 vs. $200). The remainder will go to a car expense sinking fund.
  • I spent $20 less than expected on pet expenses ($20 vs. $40). The remainder will go to a pet expense sinking fund.
  • I spent $10 less than expected on personal expenses ($90 vs. $100).
  • I did not spend anything on home office expenses.
  • I did not spend anything on household needs.

Here is my only loss for the month:

  • I spent $43 more than I expected for Utilities ($243 vs. $200). I took money out of my emergency fund.

I had $230 left over in my budget. I will share with you what I did what money in a later post.

Overall, I did better than last month.

I didn’t have holiday expenses to deal with.

I also learned to be more cautious with money (compared to December).

Here’s what I have in my sinking funds I created:

  • $510 in Car Expenses
  • $189 in Pet Expenses
  • $145 in Car Insurance
  • $41 in Emergency Fund 2
  • $42 in a Christmas Fund
  • $22 in Pest Control Fund

Please let me know what you think and how I can do better on my budget.

Thank You and Have A Great Day,

Millennial Buddy

January 31

My Updated Budget

Hey everyone,

Several financial changes have been made in January.

I have decided to revise the budget and share with you the changes I have made.

Here is the link to that budget:

https://docs.google.com/spreadsheets/d/1wUF-L1dnxkqRP_RjnthDOXBuYeaIbsVwbDhC3mUvyhg/edit?usp=sharing

Here are the changes that were made:

  • My income went up by $36 ($1768 vs. $1732) (Due to the tax changes that were passed).
  • My car insurance went up by $3 ($32 vs. $29)
  • Personal needs increased by $13 ($113 vs. $100)
  • Eating out decreased by $20 ($20 vs. $40)
  • My emergency fund increased by $28 ($150 vs. $122)
  • My grocery budget increased by $10 ($110 vs. $100)

I will revise the budget again after June.

Let me know what you think.

Thank You and Have A Great Day,

Millennial Buddy

January 30

My Financial Changes

Hey everyone,

I shared with you all some goals I wanted to accomplish financially.

Here is the link to that post:

I noticed that I would have to make some changes financially in order to accomplish those goals.

Here they are:

  • Eating out only once a month and on occasions (e.g. birthdays and holidays)
  • Cutting myself down to one to two video streaming options each month.
  • Using gift cards that I get from credit card rewards on personal needs (to decrease my spending on personal needs).
  • Not splurging money on clothing.
  • Not wasting money on items I don’t need.
  • Getting another job once tax season is over.
  • Whatever money that doesn’t go to maintenance and repairs for my car will be saved up for a newer car.
  • Not going on a vacation this year.

Let me know if you have any ideas on ways I can curb my spending or increase my income.

Thank You and Have A Great Day,

Millennial Buddy