I have been plugging my budget numbers into a big spreadsheet all year. Now that the year is over, I can look back and see how I did. The spreadsheet is big, so what I am sharing here is my YTD Variance.

What this means:

Wages - I earned $482 less than budgeted

Child Supt - I received $452 more than budgeted

Miscellaneous - I received $11,733.43 more than budgeted. (This is my bonus, my seasonal overtime, my income tax refund, and all small streams of income.)

Mortgage - I paid an extra $442.43

Groceries - I spent $3 less than budgeted

Utilities - I spent $224 more than budgeted

Visa - I spent $700 more than budgeted

Savings - I saved $288 more then budgeted

Cr Crd Debt - I paid $2476 more than budgeted

Cash Allow - I spent $200 more than budgeted

Roth - I contribued $2550 more than budgeted. (My budgeted amount would not allow me to hit my target of 3k per year. So this is necessary)

Medical CoPays - I spent $200 less than budgeted, but I did away with this category and lumped it into "Everything Else".

Travel - I saved $400 less than budgeted

Pest - Exactly as budgeted

Gym - I spent $17 more than budgeted, because of the partial month at sign up.

Life Ins - Exactly as budgeted

Everything Else - I spent $5593 more than budgeted.

So all in all, I spent/saved $11,887.43 more than budgeted, and received $11,703.43 more than budgeted.

In 2012, I want to work on not spending more than budgeted and trimming expenses so I can find more dollars to save/invest/prepay mortgage.

# 2011 Budget Report

January 3rd, 2012 at 05:41 pm

January 4th, 2012 at 02:20 am 1325643627

January 4th, 2012 at 03:49 pm 1325692162

January 4th, 2012 at 09:00 pm 1325710831

Also, I don't track how I spend my cash allowance. I just consider it gone when I withdraw it twice per month.