Monthly Budget

Financial Situation
I am currently an engineering grad student, and unlike many other disciplines, you can actually get paid (a little, not a lot) to attend grad school. Because I work in a lab and do research, I don't have to pay tuition or fees and receive a small sum of money every month that covers my rent, food, and general living expenses. If I am very frugal, I can squirrel a bit of it away, or I can live comfortably without saving much. Either way I am on a fixed income, because our pay rate is the same across the board for everyone, regardless of how long you have been in school. This means my disposable income shrinks every year as my rent goes up, the price of gas rises, etc. Still I know I am very lucky that I do not have any student debt (or credit card debt) and also have some savings so that I don't have to worry about money during this period of my life.


Budget Inclusions and Exclusions
My budget includes clothing, shoes, bags, accessories, as well as makeup and non-drugstore skincare products. My budget excludes undergarments, socks, necessary workout gear, and drugstore skincare products. Also I currently don't account for sales tax.


2014 Budget
In 2014, I gave myself $300 for most months and $350 for January and July. That may seem like a lot of money to some people. Heck, it seems like a lot to me. Eventually I would like to reduce this number to $200 per month, but I will need to do it gradually.
January - June 2014
July 2014
August 2014
September 2014
October 2014
November 2014
December 2014 and Year-End Review


2015 Budget
In 2015, I gave myself an annual budget of $3000 ($250 per month) and later added a stretch goal of $2400 ($200 per month).
January 2015
February 2015
March 2015
April 2015
May 2015
June 2015
July 2015
August 2015
September 2015
October 2015
November 2015
December 2015 and Year-End Review


2016 Budget
In 2016, I'm giving myself an annual budget of $2400 ($200 per month).
January 2016
February 2016
March 2016
April 2016
May 2016
June 2016
July/August 2016
September/October 2016
November 2016

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