Trying to Do Better with My Budget... Any Advice?

Seeking Advice Forum
1

Last month was a big spending month for me. I went on vacation over Thanksgiving week, bought a $700 keyboard (which I really love), and spent over $500 on clothing (which is super rare for me but I’m trying to build my winter closet).

I usually don’t spend this much. I have a budgeting spreadsheet but I struggle to stick to my budget. I’m a college student with limited work hours and my hours are getting cut in January. Luckily, I have decent savings and no debt. My rent is cheap at $500 a month and I split grocery costs with my partner, so I only contribute $250 a month. My bills are about $100 a month.

Since I have savings, I tend to not worry when I go over budget. I’m trying to do a no buy month for December and making all my Christmas gifts with supplies I already have. I want to commit to a low buy year next year but feel like I need more time to prepare.

Any tips for a low buy year or sticking to a budget? I really need some help right now, so thanks in advance!

2

Sounds like you had a fun month but I get how hard it is to stick to a budget. Maybe try simplifying your budget process? It could help you stick with it better.

3

I totally relate to your situation. If you overspend but it doesn’t ruin you, just see it as a lesson. Each month is a chance to learn.

4

What do you mean by simplifying your budget? I’m kind of new to this.

5

Good question! Simplifying means maybe just tracking fewer categories or setting a fixed amount for certain expenses. Makes it easier to manage.

6

Yeah, budgeting takes work for sure. It’s all about finding what works for you. Good luck with your no buy month!