Budget Review/Goals

It has been an eternity since the last time I posted, relating to our budget. So, I thought I would take a stab at it.

Here is our old monthly budget ($2488.21/monthly):

Electric/Gas	$70.00
Credit Card #1	$15.00
Car Loan	$174.00
Truck Loan	$663.00
Credit Card #2	$21.00
City Water	$32.00
Credit Card #3	$0.00
Gas - Auto	$40.00
Credit Card #4	$39.00
Groceries	$217.00
Water - Sanitation	$14.00
Internet	$19.95
Car Insurance	$123.86
Rent	$500.00
Student Loan	$35.00
Cell Phone	$88.59
Totals	$2,052.40

And here is our "new" budget that we have been following for the last couple of months ($2,052.83/monthly):

Electric/Gas	$121.00
Credit Card #1	$15.00
Car Loan	$0.00 :)
Truck Loan	$663.00
Credit Card #2	$0.00
City Water	$40.00
Credit Card #3	$0.00
Gas - Auto	$25.00
Credit Card #4	$0.00
Groceries	$300.00
Water - Sanitation	$18.00
Internet	$19.95
Car Insurance	$123.86
Rent	$500.00
Student Loan	$38.00
Cell Phone	$78.00
Totals	$1940.81

Here is what I set as our goals, way back in October. Haha.

1. Stay under budget for groceries.
We have been doing pretty well with staying under a certain amount for groceries...however, there is always room for improvement.
2. Readjust budget to better suit our needs.
Paying off debt with our income tax return really helped our financial situation. Now, we just need to start throwing the "extra" money at our debt.
3. Find ways to increase our monthly income and reduce our expenses.
I continue to baby sit, making approximately $50 per week. But, otherwise we haven't increased our income by much. We are having a garage sale in April...so that will help.
4. Create a way to better understand our budget....do they make a "Creating a Budget for Dummies"? Haha.
Still don't always understand it, but I am getting better at sticking to it.

Goals for the month of March:

1. Keep $500 in savings.
2. Stay current on all bills.
3. Create my "debt repayment time-line".
   

What are your financial goals? How did you do last month (or over the last several months, like me)? Good luck!