May 2023 Monthly Budget || Single Income Family of 5

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This is our family budget for May of 2023. We are a single income family who is trying to pay off 6-figure debt, save money, invest and enjoy life. I hope you enjoy it. Thank you so much for watching!

#budgeting #debtpayoff #february2023budget #budgetwithme #debtfreecommunity #finances
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Back on the debt train... and YES - we have to enjoy life Miss Katie!!! 🥰 Balance, balance is key. OMG Katie - I remember when you first started talking about your emergency fund and now you're on your way to wrapping it up with TEN K!!! Soooo proud of you. 😊 Peace of mind is everything. I know we talk about it often, but for good reason. 💖 Tightening up now and getting used to new numbers for September is so smart. Yes - a few more days for April and earning that paycheck!! 🥳 I love chatty Katie! Have the best Friday and weekend! 🤗☺🐾🐾🥰

TheWinningWallet
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Feeling you on the cutting back in the grocery category. I recently did a purge in our pantry and did an overhaul on organization. It was amazing seeing the food waste (expired food; or food we don’t eat). So this month and moving forward being intentional with my grocery purchases. Did a big Costco haul today. Focused on getting meat and produce and grocery staples and limited the amount of snacks. Hoping this large haul will help me be intentional with our food consumption and stay under budget. Good luck with your grocery budget as well!

bpfeimst
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I relate to what you said. I'm taking that approach too with going ham and then the next month chilling a bit. I don't want to burn myself out again. You're doing great!

authenticallyallison
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Back on the debt train 🚂. You guys got this. I feel you on the cutting back on groceries it’s just so hard. Great budget for May.

jbscents
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Ooh I am mesmerized by your herbology shirt! Ooh back on the debt journey! Let’s get those student loans done!!! I can’t wait to see you at zero!!! It is going to be a longer haul but I feel like all these budgeting changes you have made are building you up for greater success!!! ❤

GoldenGirlBudgets
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Budgeting and tackling debt is difficult, your doing an excellent job. Having car insurance ready for payment for 6 months is awesome. Love the idea of still putting away for car maintenance is important seems like there is always something aka tires, oil change and ??? Being prepared is the key. Outstanding budget. Enjoy your weekend.

matthewhenrikson
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Katie❤ loving your monthly budget .. I’m coming into realization (in Liz’s voice) “it’s gonna be May “ so fun how I was looking over my budget lastnight and I went over budget on groceries.. there’s just no winning 😅 but there is room for improvement I just need to tweak it a little 😜.. love that your tackling debt 👏🏾 rooting you on Katie❤ have a great weekend and I’ll see you soon in the next one 😊

kaystayonbudget
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Great idea to start cutting back on expenses before the pause ends.

ItsDee.
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Great budget breakdown Katie! Yes, I believe we should enjoy some nicities while paying down debt.

savingwithapurpose
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Hey hey Katie! I am here listening at work. So excited to catch up!!

SnowGardenerBudgets
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Good luck on the grocery costs. Everything seems so expensive. I’m so glad you got all the debt paid so the loans aren’t as rough. You have a great plan!

angbudgetanddebt
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Great overview of the budget Katie!
Looking forward to seeing your lower grocery haul to for this months budget 💪🏻
Thanks for sharing!❤

GreenRainCheryl
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Good job 🎉🎉🎉 You’re doing great! Just redo the budget as you go. Do what you have to do 😊 Happy FriYAY!

CashBearMama
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We all need a month that we don’t hit debt as hard. Good job getting back on tracking in May and putting $1300 to student loans.

savewithalicia
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I’m rooting for you with the lower food budget. I feel like I’ve been in panic mode for the last year over the student loans.

boymomlovestosave
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Oh that’s so smart to get ready for the student loan payment again. I need to get ready for them too! Bummer about the YT income but that means June’s will be that much bigger! 💚😊

CathysCashCoin
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👋🏽Katie!!! Happy Friday!!! Love your balance!!

BudgetStuffSaveRepeat
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Hey Katie, great video. I enjoyed watching on the big screen. Everyone is having a hard time with groceries wrecking the budget. But you can get that under control.

IDesireeWealth
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Party with Katie!!!

You talking about your groceries makes me think of how much you have changed with your grocery spending from when you started budgeting to now! You can do this!

You are amazing!

lizandless
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Wishing you the best with the lower food budget! You can do it!

FiguringOutRetirement