I'm in good shape with my "working" budget. I have a few areas where I want to continue to cut back. They are as follows:
- Reduce our cleaning service to 1x/month, saving $125/month.
- Reduce our monthly childcare costs to $1,000/month, saving $100/month.
- Reduce our toiletries budget (temporarily) to $0. I have almost $100 in plenti points, which should cover us for 6 months. That's my goal, at least. ;-) That will save $10/month
- Reduce our entertainment budget to $20/month, saving us $5/month. Yes, the lavish entertainers that we clearly are!
This reduces our monthly budget by $240/month. Not a lot, but something to push us in the right direction. I also plan to acknowledge that our grocery budget is just not working at $550/month, and I'm going to set it at $625/month.
Net/net, that should bring down our monthly budget by $165. I'm also working to cut back on our yearly budget categories (these are irregular expenses, such as travel, boys activities, etc).
What about you? How are you doing with your 2017 budget planning? A big changes ahead for you & your family?