2013: A {Monetary} Year in Review



2013 was a big year for us.  We started the year off by creating our budget and setting some financial goals.  Our #1 goal was to pay for our wedding in cash, with no assistance.  And guess what?

We did it!

We created a separate wedding budget, accounted for EVERYTHING we could possibly think of, and paid for our wedding completely out of pocket (about $13,000 when all was said and done. Whoever said a wedding had to cost $30,000 is a goober.  Check out this post to see how we did it!  I’ll write an update about how it turned out in a future post, but suffice it to say–best. night. ever.)

Meanwhile, back at the ranch…

While creating our goals and budget for the 2013, we knew that we didn’t want to throw everything we had at the wedding.  That’s where the budget comes in handy–by identifying our monthly income vs. expenses, we were able to reasonably identify how much was left over for debt reduction.  When all was said and done, we reduced our debt by about 23%.  We still have a lot left to pay off, but WOW…is this a great feeling.  We also have our $1,000 emergency fund and thanks to our wonderfully generous friends and family, we were able to recoup what we spent on the wedding and then some, which went right into the bank.

In review, here’s where we ended for 2013:

Paid $13,000 in cash for our wedding

Maintained our $1,000 emergency fund

Paid off 23% of our debt

Saved a large chunk of money to put towards our 2014 goals (and beyond!)

Exciting stuff, right?  You’d think we would get after it for 2014, right?  

Full disclosure: It is January 11th and we still have not revised our budget for this year.  Oops. (See, even the budget nerds trip up!)  That being said, we’re going to make it a priority ASAP, because we have some HUGE goals coming up, including:

  • Going on our honeymoon- and paying for it in cash
  • Buying our first home
  • Making some mini-budget nerds

…so let’s get budgeting!  Ready?  Break!


Need help creating your budget?  Here are some great resources:

Dave Ramsey’s Budgeting Forms

Be Organized- Our New Budget Sheet (through trial-and-error, this is the method that has worked best for me.  What can I say? I’m a pen-to-paper type of gal).

Kiplinger’s Household Budget Worksheet





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