Financial Holiday Hangover! 😵 | December 2021 Beers & Budgeting

TL;DR

Debt-free couple reviews their December budget and expenses while enjoying a luna coffee stout from Hinterland Brewery.

Transcript

this is the last episode of 2021 for beers and budgeting and so we are going over our december budget with a beer stick around hey guys it's justine with debt free millennials the channels help you crush your debt and live payment free this is my husband kyle hello and we are going over our real budget real income real expenses real savings i haven... Read More

Key Insights

• 🧑‍🤝‍🧑 The couple's total income for December was $11,691.64.
• 🍃 They stayed under budget and had $945.33 left over.
• ✋ Electricity expenses were higher due to increased usage with visitors.
• 🧑‍🤝‍🧑 Childcare expenses increased due to more date nights.
• 💝 The sinking fund helped cover Christmas gifts and other expenses.
• 🍹 Savings in their down payment, vacation, and investment accounts were updated.
• 👾 They had a treat yo self fund for fun activities and spent on a football game and a vacation.

Questions & Answers

Q: What was the couple's total income for December?

The couple's total income was $11,691.64.

Q: Did the couple manage to stay under budget?

Yes, they stayed under budget and had $945.33 left over.

Q: Why were their electricity expenses higher in December?

The hosts attribute the higher electricity expenses to having visitors and using more lights and appliances.

Q: Why did their childcare expenses increase?

The couple had more date nights in December, which led to higher childcare expenses.

Summary & Key Takeaways

• The hosts review their December budget, noting their total income and remaining savings.

• They discuss their expenses, including higher childcare costs and going over budget on electricity and groceries.

• The hosts also provide updates on their savings accounts, investments, and sinking funds.