January, 2012 Budget

Last month, after my blogging expenses, I earned $1697.65 and my husband earned $1,930.97, giving us a combined total of $3,628.62.

January 2012 Budget

Laundry 30 (we have to use a coin operated washer; we air dry our clothes)

Rent 1390

Groceries 300 (we just finished a large freezer cooking bout, so we are fairly well stocked for the month)

Toiletries & Diapers 70

ComEd 40 (this will be our last payment as the landlord will pay our utilities after this)

AT & T 35 (this will be our last payment as we are moving to a different phone service)

Comcast 60

Son’s school 480

Misc.  92.62

Gas/Transportation 250

My Student Loan 192

DH Student Loans 155 (the first two of his four come due this month)

Life insurance 77

Husband’s spending money 40

My spending money 40

Credit card payments 377

Tithes Private

TOTAL $3628.62

This month I brought in $1886.90 through writing/advertising/virtual assistant work. I have been hoping to make $500 a month; I figured the beginning of the year I would make less than that but by the end of the year I would be making more monthly. So far, I have exceeded that by bringing in an average of $1001.21 a month. Next month I will start fresh tallying this average and hope to see it go up each month.


  1. Fantastic effort! If that is where you are starting your year, imagine where you are going to finish! Hope it continues to go well.

  2. Good job on the $1886!

  3. Just wanted to let you know I’m lovin’ your blog! I wrote a little post and gave you a shout out! I’m just dusting the old blog off after a long neglected 2011! Looking forward to a great 2012! Thanks for that push I needed!!!!

    • Thanks for the shout out. I am glad to have you join the challenge. You have some great goals. Blogging twice a day is ambitious! I sometimes do it, but lately I have had to scale back to once a day. How far away do you live from your husband’s job?

  4. Wow you made that on bloggin alone? Totally jealous. Could you offer some tips?

    • No. I could only dream about making that from blogging alone! It is a combination of blog advertising, staff writing and virtual assistant work, with the latter two making up the bulk of my income.

  5. Great Job as Always Melissa!

  6. Looks like you crushed that $500 target with online income. Keep it up!

  7. Thanks for posting this!! I want to applaud you for having life insurance. A lot of people don’t have it in place because it is an extra expense not realizing how vital it is. If one income is taken away (or single parent-everything taken away) what would happen to that family financially speaking? Yep, I used to be a life insurance agent…and my eyes were opened when one of my clients passed away.
    Second, are you doing the Total Money Makeover by Dave Ramsey? Looks a lot like his budget…I love his books!!
    Great Job, by the way!!

    • Yes, my dad died when I was only 15, and my parents didn’t have much life insurance, so I know how important it is!

  8. Okay you have totally motivated me to talk to my husband about life insurance. Could you give me a place to start? Will it be horribly expensive with a prior condition? With 4 kids and cancer screenings every year I am seeing the importance of this.

    • Yes, I can’t recommend it highly enough. We had a really rough go of it after my dad died. I searched online and went through an insurance broker; she did all of the legwork for me and gave me 3 companies to choose from. Then someone came out to our house from the insurance company, did a health screening, took some basic vitals and weighed us and then sent us the quote. My husband was 31 at the time and was a non-smoker for less than 5 years, and I was 33 and overweight with a family history of colon cancer. Still, I think our rates are reasonable, especially for the peace of mind. How much it will cost depends on your health and age, among other factors.

  9. okay so we had to shop around alot to find someone who would fit the budget but we found one. It will be around 200 a month but that was pretty good considering one quote we got was 650 a month. So we are taking the plunge. Thanks for encouragment.

    • Good. 🙂 I think you will sleep better at night knowing should anything happen to one of you, your family will be okay financially. Was the $200 for term life insurance? If so was it high because of the cancer concerns?

  10. Yes. There is a history of cancer and heart problems in my family and because I have both and am still being tested every 6 months I am more of a risk. Sucks but that is life and a better reason to invest. Especially with 4 kids and two that are young.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.