Whew! Hope everyone had a good Memorial Day Weekend. I spent it being very lazy while watching tons of shows I had not seen in a while. Don’t you love catching up on the weekend? I have been watching this awesome little show called Shark Tank. If you haven’t heard of it, it is a show that films negotiations between big time investors and small business entrepreneurs. The catch is that not all entrepreneurs get funding for their businesses as they have to prove it a viable business. I have learned so much from just watching a few seasons of the show. I will write a post later on some of the financial lessons that you can learn from shows like these.
May is almost over and I thought it would be a great time to post some of my progress for this month. I have been able to pay off another $800 on the credit card so we now have $3100 left on that baby. We were able to sell our old Passat for $900 which brings our emergency fund to almost $3000! That was the good news. The bad news is that this month has been VERY costly for us as well. Between my brother’s graduation, some much needed car repairs, and presents for mother’s day, we ended up spending another $600 on all these expenses. I know it could not be helped as I can’t just turn my back on my family on these special occasions, but it still stings a bit. We did manage to cut down a lot on eating out and we are making almost everything at home. I have a habit of taking the leftovers to lunch the next day at work so no extra spending there. I think (for the most part) we will be okay this month, but we must continue to rein in spending.
On a lighter note, we were able to foster a dog from the local shelter again this weekend after almost a year of not being able to do it-mostly because of my boyfriend and I living with our families due to financial setbacks. It feels great being able to volunteer again. I highly recommend helping where you can. Basically, we get this little dog for about week to look after as a way of rehabilitating him to a family home before he gets adopted. The great thing is he provided so much cheap fun and entertainment for us so this is definitely a win-win situation for us and our little friend. We spent a lot of time running up and down the fields of our apartment complex and just being active. Who says you have to spend a lot of money to have fun?
Last but not least, I did another guest post but this time for another great website called Blogging Away Debt. It is all about my little rule of finance that has helped me in the past to keep my spending in check. You can find it here. Check it out!