Photo by David Boca via Unsplash.com
I’m navigating some semi-uncharted budget territory this month since I’m planning the expenses of moving. This means budgetting for a security deposit, first month’s rent, moving fees, getting my plates and license changed (since I’ll be moving from Maryland to DC), parking, furniture, and probably some other hidden costs. So I’m beginning to stack cash now, and it definitely reflects in my budget.
My income this month is the same as it was in May.
My savings are a bit different: I’m pausing contributions to my Emergency Fund in favor of stacking the cash for my upcoming move. I’ve added a bit more to my Iceland fund, just to buffer in case of any unexpected costs on the trip. My car fund, gifts, and summer payment money are staying the same as always.
My rent for this month is the same, but utility bills have been coming in and have been very high, so I’ve added some more money there to buffer.
The total deposit for my apartment is $700 and the first month’s prorated rent (since I’m not moving in until the 12th of July) is $1161. Split between me and Brian, the total cost is about $930. The money on top of that is for any other costs, which I will also put money aside for in July.
My gas is staying the same, and I’m putting $35 aside since my E-ZPass is due for a refill.
Groceries are at $130 this month, and I put a little extra into going out to add a little buffer (especially after going so far over this category last month)
Miscellaneous costs are staying at $80, and my subscriptions will be $20 this month.
My overall numbers don’t look great this month, since so much of my money will be going towards housing. Fortunately, it will only be this drastic for June and July, and then things will level out. Looking at the numbers now, and having just gone through a move last summer, I’m realizing how expensive moving so often can be. Hopefully I’ll be able to stay in the same place for a few years after this move, because having to put aside extra money for two months out of the year can really add up.