10/24/2011

A Financial Year in Perspective

A little more than a year ago Jordan and I had merged our finances and were learning about each others money management styles.  There was one particular conversation that we had where we were both feeling a bit exasperated.  I felt like money was going down the drain and Jordan felt like we saved too much - we both didn't understand where all the cash was going.

It was in the weeks following that frustration that we decided to stop using personal debit, credit and cash sources and use a single joint credit card account - that way, we would both have access to it at any time and we could both see exactly where the money was going.

I started doing monthly spending recaps as we learned where are budget leaks were.  You followed along as Jordan and I battled our addiction to Wendy's Fast Food and Coors Lite.  You saw us working to keep our wedding budget in check and stay on top of annual expenses too.

In our most expensive month - a whopping $4,585.36 -  went down the drain.  In our least expensive month we spent $1,515.15. 

Below is a re-cap of our financial journey from the last year - thanks to everyone who followed along and provided us with such wonderful support and insight.

We're looking forward to another year long journey as Jordan and I embark on home ownership - which is sure to be a financial game changer.
Reactions:

2 comments:

  1. You have sure learned a lot. And learning to work together is probably the most important thing.

    ReplyDelete
  2. It's been an awesome year and rewarding in so many ways. You've learnt a lot and shared a lot and in return I and I am sure many other readers have learned a lot. I look forward to another amazing year full of experiences, adventure and loaded with lots of golden nuggets of knowledge.

    ReplyDelete

Hi! Thank you for stopping by and leaving a message.

Followers

Links ♥