4th August 2021

These posts were originally posted on the YNAB forums and MoneySavingForums (a UK money management site), I am moving my journals across to WordPress to have them in chronological order, and because the YNAB forums are closing as of March 2022. I’m not sure how much of other people’s words I’m allowed to copy across from one site to another, so in some sections I may summarise conversations.

I posted 2 months ago a milestone about how, immediately after being paid, my net worth was briefly over £10k. And then I bought one thing and my net worth dipped below again. Well now I have a new milestone – on the 31st of the month, my bet worth was still over £10k! And then I paid rent on the 1st and it dipped below again. Hopefully in a few more months I’ll be above 10k the day before payday.

The dog is booked in for his dental treatments for late August. I have a rough idea of the cost, but not an exact idea because they need to get in to see what it’s like. Ah well.

I’ve been thinking about it, and I think my spending has been deviating from my priorities slightly. As much as that’s likely to be a lifelong feeling, some of my fun money categories have been creeping higher and higher. 

So I think I’m going to do something a little counter intuitive: I’m going to put goals on categories I dont want to spend from.

Essentially what’s happening now it’s some categories eg takeout dont have a goal on. The idea being I just put the leftover money in those once I’m done budgeting. But if I have a month where I have £50 left over, then suddenly I have a £50 takeout budget. And once it’s in that category you know its getting spent.

Maybe if I put a £25 goal on that category, I’ll be less inclined to put more than £25 in there? Idk. I think it’s worth a shot.

I put a £25 goal on takeout, £20 on hobbies, and £20 (in addition to the subscription) on my fancy tea category.

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