In Budget Roundups, Money

April 2020: Expenses Budget Roundup

Note: All the graphics you will see below, and charts, were made with TheBudgetingTool.com.

https://www.thebudgetingtool.com

All net proceeds go to charity! (Always and forever.)

This month for April, it was The Canadian Red Cross. For May, it will be a new charity.

THE EXPENSES = $1197.39

ARE YOU AS SHOCKED AS I AM BUT NOT SURPRISED?

I am typing in all caps because I have … never spent this amount of money (as low as this), since I was in the first days of clearing my debt and living out of a suitcase in a hotel as a modern nomad, traveling and socking 90% of my pay into my debt.

I am REALLY making up for lost time.

Plus stuck inside, not shopping or eating out. Or working.

I’d rather work and spend more money, honestly. I save a fkload more that way.

My Side income covered my expenses and saved $5700.77 from it

My leftover of $5700.77 is serious. Like eye-poppingly cool. Aside from the amounts I already reinvest into more dividends

In Summary: I was way under budget by $983.78

I gave myself $2181.17 for the month and I spent a little over half of that which is … mind-boggling.

In Detail:

Home includes condo fees, insurance and utilities

This month was the partial payment of the municipal taxes. I pay this twice a year.

Groceries

Just dropped like crazy. We are eating the stock of our food, but also not really spending on extra things because expensive items like berries, are eaten raw, so we haven’t bought any.

Child

I caved and bought Little Bun some of these Sticker Activity Books because he is so darn in love with them. I am planning on giving him one every time he finishes one. He STILL obsesses over his Space Sticker Activity Book.

Medical

Refill on birth control.

My Top & Bottom 5 Expenses

I have never had expenses be top AND bottom!

I basically didn’t spend anything, and as a result, my spending categories are exactly the same but in reverse which is hilarious.

LOOKING BACK

2020 so far, is going well. See how big January was? The rest of the months I am hoping will be dark blue and stay like this:

I tweaked my yearly budget again and added some money into the Child budget for Little Bun to account for the new book he needs as he is outgrowing/outlearning Grade 2 and we have to move on to Grade 3.

I suspect these following categories will be stay as-is for the rest of the year unless the virus disappears, and then EATING OUT will shoot up for sure.

And over the years, you can see how I have done. So far, 2020 is looking great. I will definitely not spend as much as 2011 – 2019.

NOTES

If you’re interested, I use the following:

  • Rakuten – Use my referral link – https://www.rakuten.ca/r/starfishsherry?src=Link – for $5
  • Swagbucks: Use my referral link to get 300 Swagbucks but only once you earn another 300 Swagbucks doing surveys etc within the first month. You need only 750 swagbucks to redeem it for $10 from Paypal. I made about $60 a month on average clicking on surveys while on conference calls, etc.
  • Rogers World Elite Mastercard – No annual fee, 1.5% cash back, but you can only redeem it yearly and you have to call each year to ask them to redeem the credit against your next year’s statement. I use it for all my purchases as I buy a lot in USD$, and those purchases are 3% cash back (almost like a no forex fee in essence)
  • Tangerine Mastercard – No annual fee, 2% back on certain categories (up to 3). For their savings accounts, use my Orange key { 32726976S1 } for free money ($50 once you deposit $100; and I get $50 too). I give this card to my partner (he has a joint card) and he uses it constantly

Where my Fun Money Went

No more fun money. I lost my job, I am cutting the fat.

Monthly Expenses

Favourite: $21.78

National Geographic Sticker books for Little Bun because he has such a love for these, and I think they’re wonderful because they keep him occupied as well.

Unexpected: N/A

Hated: N/A

Joyful: N/A

Expensive: $787.62

Home costs include the municipal taxes that hit twice a year and utilities. On average, I budget about $1000 for home which includes everything & more, and for any unexpected issues.

Cheapest: N/A

Stay tuned for next week’s net worth post!

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Sherry of Save. Spend. Splurge.

Am my own Sugar Daddy. Am a millionaire at 36 after getting out of $60K of student debt in 18 months, a little over a decade earlier, using TheBudgetingTool.com. I have worked 50% of my career (taking 1-2 year breaks), and quadrupled my income within 2 years of graduating, going from $65K to $260K with an average lifetime savings rate of 50%. I have 11 side incomes that are on track in 2020 to make me $50K - $75K. I could retire today if I wanted, but love my work-life balance as a freelancing consultant in STEM (Science, Technology, Engineering, Math). I am all about balance - between time and money, and also enjoying my money. I also post daily on Instagram @saverspender.

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