We spent a lot this week… Part of it was planned spending on winter clothes for Korea and New Zealand. But we did spend more than we planned to… We initially felt a little weak at the knees when the price rang up at the till but even with reflection every item felt like a good purchase. So we’re going to suck it up and just make a plan to compensate for that extra spending going forward. However, this week isn’t going to help on that front. We ate out three times, bought a heater, and bought a converter and memory card for the Raspberry Pi… I just know that the rest of the month is going to be tight…
To new readers of The Brat Experiment: Husband and I track every single won that we spend on a fantastic app called Money Lover. The app is synched to both of our phones and means that it’s very easy to see where all of our money goes (which is not always pleasant!). I then report on our weekly spending here and write up a summary of our spending for each month. You can check out other weekly spends and the monthly summaries in The Numbers section.
Week’s spend: 472 270 won (164 070 won without the clothes)
Necessary: 433 670 won (92%)
Indulgence: 38 600 won (8%)
Ok, so not as bad as I thought. Without the clothes, we actually did really well! Plus our ratio of indulgence vs necessity is awesome. The challenge lies with the clothes… We budgeted 380 000 won (outside of our normal monthly budget) for winter clothes for both of us this month. Last week we spent 166 200 won on clothes and this week we spent 308 200 won for a total of 474 400 won… which means that we’re over budget by 94 400 won. Which also isn’t as bad as I thought – yay! This means that only 94 400 won needs to come out of our living expenses budget soooooooooooo:
164 070 won (what we spent this week without the clothes) + 94 400 won (how much we went over budget on clothes) = 258 470 won. Therefore, we have 1 015 580 won for the rest of the month.
Which is totally manageable. I think. (I hope!) The challenge is that we are going away both of the remaining weekends left in this month and then those pesky end of month bills… But it can be done 🙂
The other exciting news is that after much deliberation we finally took the plunge and booked tickets to Thailand in January – yaaaaaaaay! So excited! 🙂 The return tickets came to 716 800 won for both of us (how cheap?!) and came out of what we normally would have saved this month. So our savings rate is going to be much lower than usual this month but we are totally fine with that. Thailand will be worth it 🙂
Have a great week, dear Reader!
P.S. To any American readers out there, PLEASE make sure you vote this week. Even if you just spoil your ballot. Your voice needs to be heard. Quite frankly, the rest of the world is kaking bricks (translation: shitting bricks) and powerless to do anything about it. So, be a rock star and help us out please by letting your voice be heard 🙂 Many thanks, dear Reader!