Our monthly budget is something that I really should improve on. Just a cursory glance at the numbers shows me that there are a lot of savings to be still made here and there.
Here's a rundown of our monthly household expenses:
Php1,300 - PLDT (internet)
Php1,000 - condo dues
Php4,000 - parking
Php10,000 - reimbursement of equity payment to my mom (1/20 paid)
Php3,500 - memorial lot investment (3/11 paid)
Php10,600 - PAG-IBIG mortgage (actually just Php5,600 but I have conditioned myself to pay more to wipe out the balance faster)
Php800 - Globe cellphone
Php500 - cable
Non-fixed expenses (approximate)
Php8,000 - groceries
Php4,000 - gas
Php8,000 - eating out / entertainment
Php1,000 - laundry
Php500 - drinking water
Php200 - water
Php1,500 - work lunch
Php4,500 - electricity
MONTHLY TOTAL: Php59,400
Quarterly - Php15,000 - life insurance/ mutual funds
-Php10,000 - vacation
Yearly - Php16,000 - car insurance
Php3,000 - property tax
Php5,000 - car registration
And then I try to squirrel away whatever amount I can to our emergency fund and invest in stocks too.
Looking at our monthly expenses in black and white, all I can say is thank goodness for the random bonuses from the Court, my husband's windfalls (which don't come with regularity, but when they do, they're usually more than enough to provide a buffer to our budget) and rackets.
For my next post, I'll try to analyze what aspects of our budget need overhauling (Hint: Eating out, grocery and electricity!!).