This Martin Luther King, Jr. weekend was spent close to home. I didn’t get out of bed before 9am for three days. I finally put a couple of extra blankets into one of those vacuum-seal bags and stuck it under the bed. As dinner simmered away in the slow cooker, I took out my bank statement, fired up my credit card app, and decided to take a close look at my finances.
I’d rather deep-clean the dark reaches of the cabinet under the kitchen sink than come face to face with my poor financial choices. My early successes at consuming less had me confident. It was time to face the music.
My student loan payments weren’t any more appalling than usual. My fiance and I rent a nice and affordable apartment, so that isn’t too bad. My gym membership is expensive, but I use it and enjoy it, so that stays. My share of the cable bill is high, but that’s to be expected. Do I still need Birchbox? Why don’t I pay my renter’s insurance in full every year instead of paying in monthly installments? Why don’t I ever remember to budget for my haircuts?
Once I’d tallied up my regular bills and income, I saw I had about $1,500 left every month. I’m certainly not saving that much. My credit card app helpfully breaks up a month’s expenses by category. I tallied up the totals on “Dining” for November and December. The average for those two months? More than $450 per month.