December 2019 Beers & Budgeting | What We Spent on Travel This Month

TL;DR

Justine and Kyle review their December 2019 budget, discussing income, expenses, savings, and vacation expenses.

Transcript

I guess we're already gonna start drinking now yeah because it's beers and budgeting just hate it when the day starts like this it is such an awful event hey guys it's Justine and my husband what's your name I don't know okay welcome back to another episode of beers and budgeting we are going over our December 2019 budget this is the very last mont... Read More

Key Insights

• 😫 Justine and Kyle review their December budget, emphasizing the importance of setting financial goals and tracking expenses accurately.
• 🧑‍🤝‍🧑 The couple discusses the impact of an extended vacation on their budget, showcasing the need for flexible savings allocations.
• 🌱 Justine and Kyle share insights on managing fixed expenses, savings contributions, and adapting budget plans based on income fluctuations.

Questions & Answers

Q: How did Justine and Kyle allocate their leftover budget for December 2019?

Justine and Kyle allocated their leftover budget of $1687 towards savings, increased savings contributions, and some fun expenses.

Q: What were the main changes in their fun budget categories for December?

Justine and Kyle added personal fun funds and adjusted their spending in various categories due to increased savings and vacation expenses.

Q: How did the couple manage the costs of their three-week vacation trip in December?

Justine and Kyle managed the costs of their vacation trip by utilizing savings from their vacation fund, reducing expenses in other categories while enjoying a mix of work and leisure.

Q: What future financial goals did Justine and Kyle discuss during their budget review for December?

Justine and Kyle discussed goals such as increasing their down payment savings, reaching a savings target of $85,000, and exploring investment opportunities through platforms like Robinhood.

Summary & Key Takeaways

• Justine and Kyle review their December 2019 budget, highlighting income and expenses, including savings and vacation costs.

• They analyze fixed expenses, savings allocations, and unusual spending due to an extended vacation trip.

• The couple reflects on their financial goals, future savings plans, stock market investments, and vacation fund management.