Medicated Money

Wednesday, May 17, 2006

One Step Up & Two Steps Back

Somewhere along the line I slipped off track. I'm caught movin' one step up and two steps back -Bruce Springsteen

Well, the month of May is killing us. Financially, that is! Unexpected expenses this month are putting a serious hurt on our monthly budget. Here is a list of just a few of our big ticket items that may put us behind this month:

  • In June, we are heading home for a good friend's wedding. When you include the flight home, the tux rental, and a wedding gift, we are looking at a total of about $1,200. Yet, we both feel that we would not miss it for the world.
  • We have our annual work conference coming up at the end of the month, and our work decided this year to reimburse all purchases (flight, hotel, and daily expenses) after the conference. All in all, about $3,000 that we will pay this month. We will be reimbursed in a few months though for these cost.
  • We have been extremely busy at work this month and with this we have been falling into those bad financial decisions; such as eating dinner out, not packing lunches, and just being undisciplined in spending

We still are planning to keep to our debt repayment plan, but our emergency savings may take a small hit to accommodate the additional expenses.


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