I’ve noticed a common theme in my personal finance journey… I frequently OVERbudget for things. Take for example my recent fuel estimation for my road trip to Seattle. I budgeted $760 for gas, but ended up only spending $560. Or look at my blog income. Last year, I budgeted $200/month for PDITF related earnings. When, in reality, I brought home almost $450/month from this here grammatically challenged website. Which reminds me, why the heck would anyone ever pay to advertise on this piece of garbage? I’m still trying to figure that out, but don’t get me wrong… I will gladly take your money 🙂
I don’t mean to, plan to, or even want to overbudget (granted, it is a much better problem to have than underbudgeting , or not budgeting at all). I’ve always heard the first step to recovery is admitting you have a problem…here goes nothing…
oops..wrong confession…
Ah, it feels so good to say it out loud (or at least through a stick figure drawing). I’d like to think that I will be more realistic when making future financial assumptions, but let’s be honest…I’m gonna overbudget things for the rest of my life. It’s part of my financial DNA. This is one addiction I wont be breaking.
Do you tend to overbudget, underbudget, not budget, or accurately budget upcoming expenses? What expense gives you the biggest budgeting headache? (Mine is food, I like it…a lot… so I’m almost never close with my dining out estimations).
