30 Day Budget Challenge

budget challenge

In our attempt to improve our saving skills, Hannah and I challenged ourselves to have a fixed daily budget and stick to that budget for the month of July. I set my daily budget based on a Mc Donald’s meal ($5.00 * 2 ) and,estimated bus fare ($2.00 * 2).

Daily Budget: $15.00
Duration: July 1-30
Mechanics: Daily budget will always be $15. If some money was saved from the previous day, it will be added to the daily $15.00 budget.

How did I fare? I sort of failed the first day but other than that,  I think I did ok. I didn’t die of starvation. hehe.

Daily Budget $15.00
Date Balance Debit Item Notes
Tuesday $13.77 $1.23 bus to work * no lunch expense
1/7/2014 $12.08 $1.69 train to orchard lunch: cauliflower rice tuna egg
$3.28 $8.80 pepper lunch dinner supply from prev month
$1.03 $2.25 sago mango dessert *dessert split with gio (4.50)
-$0.71 $1.74 train home from orchard
daily savings -$0.71
Wednesday $13.06 $1.23 bus to work *no lunch and dinner expense
2/7/2014 $12.06 $1.00 small fresh milk lunch: tuna and eggs
$10.56 $1.50 small pack of maltesers dinner: tuna and eggs
$8.31 $2.25 mousse dessert and mousse dessert
$7.08 $1.23 bus home
daily savings $7.08
Thursday $20.85 $1.23 bus to work *omg! forgot to bring home
3/7/2014 $16.95 $3.90 hotstar popcorn chicken the extra chicken popcorn
$13.05 $3.90 hotstar popcorn chicken for dinner!!
$11.35 $1.70 pokka ice peach tea
$10.12 $1.23 bus home
$4.00 $6.12 fish and chips dinner
$2.70 $1.30 sparkling apple drink
$0.45 $2.25 choco mousse dessert
daily savings $0.45
Friday $14.16 $1.29 bus to work *rainy day!!! expensive day!!
4/7/2014 $3.26 $10.90 chicken mushroom quesadilla ** ate chicken popcorn in the ofdice
$1.97 $1.29 bus home for breakfast
$0.67 $1.30 fresh milk
daily savings $0.67
Saturday $10.67 $5.00 crispy noodle beef
5/7/2014 $9.47 $1.20 green tea
$3.47 $6.00 fish and chips
daily savings $3.47
Sunday $14.47 $4.00 seafood scrambled egg dinner *jovans bday! free lunch!
6/7/2014 $13.47 $1.00 ice (split with gio for jovans bday)
daily savings $13.47
Monday $27.18 $1.29 bus to work
7/7/2014 $25.68 $1.50 blue berry yogurt
$24.18 $1.50 gluten free milk chocolate fiber bar
$20.98 $3.20 yong tau fu lunch
$19.69 $1.29 bus home
$17.69 $2.00 avocado
$15.39 $2.30 mango
$14.39 $1.00 fresh milk
$11.39 $3.00 old chang kee nuggets
daily savings $11.39
Tuesday $25.16 $1.23 bus to work
8/7/2014 $21.26 $3.90 chicken popcorn
$19.56 $1.70 green tea drink
$18.27 $1.29 bus home
$15.27 $3.00 nuggets
daily savings $15.27
Wednesday $29.04 $1.23 bus to work
9/7/2014 $28.04 $1.00 apple
$26.54 $1.50 blue berry yogurt
$23.79 $2.75 birds nest
$22.59 $1.20 hi chew sweets
$15.59 $7.00 fish and chips
daily savings $15.59
Thursday $29.36 $1.23 bus to work
10/7/2014 $28.36 $1.00 apple
$26.86 $1.50 strawberry yogurt
$22.36 $4.50 lunch
$20.11 $2.25 maltesers
$18.82 $1.29 bus home
daily savings $18.82
Friday $32.59 $1.23 bus to work rainy evening!!
11/7/2014 $31.59 $1.00 apple
$30.09 $1.50 strawberry yogurt
$21.09 $9.00 grilled fish dory
$9.97 $11.12 taxi home
daily savings $9.97
Saturday $19.47 $5.50 lemon chicken
12/7/2014 $14.47 $5.00 mcdo double cheese burger
daily savings $14.47
Sunday $27.81 $1.66 train to doby ghaut
13/7/2014 $26.15 $1.66 train home
$20.65 $5.50 lemon chicken dinner
daily savings $20.65
Monday $34.42 $1.23 bus to work dinner c/o Gio
14/7/2014 $33.42 $1.00 apple
$31.92 $1.50 blueberry yogurt
$25.02 $6.90 popeyes 3pc tenders meal
$20.82 $4.20 fish noodles
$19.32 $1.50 lychee drink
$18.09 $1.23 bus home
daily savings $18.09
Tuesday $31.86 $1.23 bus to work dinner c/o Gio
15/7/2014 $30.36 $1.50 yogurt
$29.36 $1.00 apple
$23.86 $5.50 yong tau fu
$17.86 $6.00 daiso
$16.57 $1.29 bus home
daily savings $16.57
Wednesday $30.34 $1.23 bus to work dinner c/o Gio
16/7/2014 $28.84 $1.50 yogurt
$21.04 $7.80 grilled fish
$19.75 $1.29 bus home
$11.75 $8.00 lemon barley and cookies from 711
$4.75 $7.00 milk and avocado
daily savings $4.75
Thursday $18.52 $1.23 bus to work rainy evening!!
17/7/2014 $17.02 $1.50 yogurt dinner c/o Gio
$9.22 $7.80 grilled fish lunch
$7.93 $1.29 bus home
daily savings $7.93
Friday $21.70 $1.23 bus to work dinner c/o Gio
18/7/2014 $15.70 $6.00 salmon chicken teriyaki
$14.41 $1.29 bus home
daily savings $14.41
Saturday $23.91 $5.50 lemon chicken lunch
19/7/2014 $16.91 $7.00 beef nilaga dinner
daily savings $16.91
Sunday $23.91 $8.00 egg omelette lunch lunch – left over nilaga
daily savings $23.91
Monday $37.68 $1.23 bus to work
21/7/2014 $36.18 $1.50 yogurt
$30.98 $5.20 yong tau fu
$29.69 $1.29 bus home
$26.89 $2.80 mos chicken
$25.19 $1.70 mos soup
daily savings $25.19
Tuesday $38.96 $1.23 bus to work
22/7/2014 $37.46 $1.50 yogurt
$32.96 $4.50 chicken ala king lunch
$31.73 $1.23 bus home
$27.73 $4.00 fish noodle soup
daily savings $27.73
Wednesday $41.50 $1.23 bus to work
23/7/2014 $40.00 $1.50 yogurt
$34.50 $5.50 sea food hor fun
$33.21 $1.29 bus home
$45.41 $2.80 mos chicken
$43.71 $1.70 mos soup
daily savings $43.71
Thursday $57.48 $1.23 bus to work
24/7/2014 $55.98 $1.50 yogurt
$49.98 $6.00 subway
$43.98 $6.00 daiso
$41.78 $2.20 bus home
$36.28 $5.50 lemon chicken
$32.28 $4.00 toothpaste
daily savings $32.28
Friday $45.99 $1.29 bus to work bought ingredients for lumpia
25/7/2014 $44.49 $1.50 yogurt using ntuc fair price $10.00 voucher
$43.49 $1.00 apple
$37.49 $6.00 salmon chicken teriyaki
$35.49 $2.00 arnots biscuits
$34.20 $1.29 bus home
$28.70 $5.50 lemon chicken
daily savings $28.70
Saturday $38.20 $5.50 bus to darth’s wedding ate lunch at darth’s wedding
26/7/2014 $37.62 $0.58 bus to expo bought drawers and went home
$32.12 $5.50 lemon chicken in a taxi. c/o gio
daily savings $32.12
Sunday $41.62 $5.50 ginger onion pork with egg
27/7/2014 $30.72 $10.90 pasta mania dinner
daily savings $30.72
Monday $40.22 $5.50 ginger onion pork with egg Hari Raya Holiday
28/7/2014 $36.62 $3.60 starbucks donut
$31.12 $5.50 ginger onion pork with egg
daily savings $31.12
Tuesday $44.89 $1.23 bus to work
28/7/2014 $43.39 $1.50 yogurt
$37.39 $6.00 subway
$36.10 $1.29 bus home
$33.30 $2.80 mos chicken
$31.60 $1.70 mos soup
daily savings $31.60
Wednesday $45.37 $1.23 bus to work
29/7/2014 $44.17 $1.20 egg omellete sandwich
$39.97 $4.20 minced meat ban mian noodles
$38.47 $1.50 snickers bar
$37.19 $1.28 sultana biscuit
$35.90 $1.29 bus home
$30.40 $5.50 lemon chicken
daily savings $30.40
Thursday $44.11 $1.29 bus to work
30/7/2014 $42.91 $1.20 egg omellete sandwich
$36.91 $6.00 mos burger meal
$35.62 $1.29 bus home
$34.01 $1.61 mrt tampines to raffles
$32.27 $1.74 mrt raffles to sengkang
$31.07 $1.20 sugar cake at polar
$21.07 $10.00 despedida dinner for pochollo
daily savings $21.07

End of Challenge savings: $21.07 (not bad eh..)

Realizations:

– Rainy days are expensive on a working day. “Saving for the rainy days” might actually be a literal saying.

– Bus fares are not constant. I might be the only one who didn’t know this..but I’ve seen the light!! When I started minding how much fare is debited from my ez link, I’ve realized that it depends on the traffic or how many bus stops the bus made. Using an ez link card is really the most economical way to commute than paying a fixed amount of cash.

– Daiso is my casino. It’s where I always lose money..

– Cooking your own baon is cheaper than eating out.

– Staying at home is the best saving  method evurr!

– Since I have been staying at home a lot, I got to explore other creative things… staying at home (with internet connection) = creativity

– Keeping track of how much money I’ve spent and saved is fun! Especially when I saved some to add for tomorrow.

– Every cent counts!!!

I use to not really care much about the things I buy. I’m a passive buyer. My meter stick is – Below $20 is cheap (depending on the item size), $30 above think twice, if it excites you “GET IT!!” haha! This challenge made me aware of the prices of things to the cent. I scrutinize, assess, and really look at a product with the price it has and how it affects my overall budget then I decide if I need it or not. Ofcourse Daiso is an exception haha!

This was fun. Gio was very supportive and always asks how much money I have left whenever I attempt to buy something..hehe.. Hopefully I continue on with what I started here (fingers crossed)…

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One thought on “30 Day Budget Challenge

  1. Pingback: The Budget Challenge | Breadcrumbs Stories

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