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December 2015 Budget Roundup = $550,082.88 or an increase of +$3060.39 or +0.56%




Even if I only win a week I’d be thrilled.

What a clever way to get people to buy more Starbucks between now and January 11th.


I LOVE this coconut secret chocolate bar from @welldotca .. #yummy #dessert #greatafternoonsnack

A photo posted by Sherry @ Save. Spend. Splurge. (@saverspender) on

  • To hide chocolate and eat bites of it in times of stress
  • ….to eat said chocolate hiding in a closet from your toddler so he doesn’t see that you’re eating and wants any
  • …….and to eat the entire chocolate bar in one shot because you can now, as the adult


I am so nervous.

I did a podcast for So Money because apparently some reader wrote in and asked her to interview me about all the money I make and how.

It airs January 7th 2016.

I feel like I won’t be able to listen to myself speak.. but maybe you will?

Farnoosh was super sweet & extremely intimidating in a good way. She is just so.. accomplished and wonderful.

Let me know how it turned out, will you?

I will be too shy & self-conscious to even pretend to listen to it.


For those of you interested, the Liberals are resetting the TFSA limit in 2016 to $5500, effective January 1st 2016.

So our original PF plans of contributing another $10,000 on January 1st 2016 to squeak by that limit, will have to be kiboshed.

To date, TFSA contribution room is: $41,000, with 2016, it will be $46,500 in total.

If you want to protest this and keep the TFSA at $10,000 then sign the Working Canadians petition here.

The good news is that they won’t be clawing back that $10,000 2015 TFSA contribution limit.

Other reads:

I love the TFSA.

I wish it stayed at $10,000 but I can understand why it didn’t to some extent, although the TFSA is really only useful for those making above a $50,000 – $75,000 threshold, in my opinion as it is after-tax income that is being invested.

Those making under that, would be better off in an RRSP, I’d say as it would be more beneficial to reduce their taxable income.


..this is what my partner yelled at me when I had not watched Baby Bun carefully enough, and he quickly slammed the microwave door very forcefully to the point where we’re scared he’ll break it!

(Baby Bun is not supposed to touch the microwave door any more, he’s unable to control his strength in closing the door quietly.)

He said that, and for a moment I thought: ” I am?… I AM!

Seriously. Sleep deprivation with a toddler will do this to you.

I am in charge.


See Point #1 about Appropriate Things To Do….


I am out of work. I stopped mid-way through this month which is why my income is only $12,000.

My contract is done and I am GONE.

So.. what to do? January will tell.

I am not eager to jump back into working, to be honest. I need a break. I have been busting my hump for the past few months and I need to decompress and just lie in bed, doing nothing all day.

The only snag in all of this is .. I wouldn’t be making any money.

*cue a bit of stress.. but not really.*

I want / need a break.

Onto the numbers.

INCOME = $12,012.24

I took half the month off….also, this is the end of the gravy train.

I’m done and out of work as of this post.

EXPENSES = $3469.72

I am so pleased with my expenses this month. I did spend a lot but on GOOD areas of spending (Gifts, for instance), but I also returned almost $4000.







I spent on good areas this month.

Prepaying my web hosting (they were giving a 20% deal and MDD Hosting ROCKS), and GIFTS. <3

NET WORTH: $550,082.88 or an increase of +$3060.39 or +0.56%

Ugh. At least I went up.

My net worth drop is due to a few things:

  1. Market took a beating (oil dropping to $35? WTF. I am in it for the long-haul, now!)
  2. Didn’t work half the month.
  3. Spent $7000-ish on things that could not be avoided (Gifts, Pre-payment of Website Hosting, Rent, Baby Bun)


Not bad, wouldn’t you say?


BABY BUN’S NET WORTH: $10,758.45 or a decrease of $75.94 or -0.71%

Baby Bun also felt the hit of oil dropping to $35 a barrel.

Poor little Bun.



In December I made around $551.05 in dividends. Not bad.


So far the year has turned out pretty good and I have been doing DRIPs (Dividend Reinvestment Programs) to buy more stock with the dividends rather than claiming the income.

I didn’t exactly plan to have a dividend-heavy investing strategy so I am pleased that it is turning out the way it is.

I am also underreporting the value of these dividends because 20% of it is in USD, so it’s worth 30% more.




I’m really embracing this Luxe Minimalism thing.

I’m excited by it, which is not the way I have felt about shopping challenges before.

I shall chronicle my progress and give you monthly updates on how I am doing.

At the end of each month or quarter, depending on how much material I have, I will post it on the site.. kind of like the Shopaholic Diary.


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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 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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  1. Sylvie

    I’m really excited about hearing your podcast. I have been unemployed since graduating with a PhD last spring, and am considering a career change. I moved to be with my partner in NYC, but you cannot live in this city and save if you do not have an extremely high income. Consulting has its appeal, but I’m not sure how my being in my 30s would click in a work culture where the new recruits are socialized into a frat-like environment.

    Good luck with luxe minimalism! My shopping over the past year has been higher than usual, but I have purchased fewer pieces of higher quality and longevity factor (classic with an edge, i.e. leather pants). A few well-loved pieces can go a long way with wardrobe satisfaction.

    1. save. spend. splurge.

      Well I hope I won’t disappoint but I didn’t reveal what I do, because I am Anonymous…

      1. Most consultants I know start young in their 20s and do it until they retire… It is not really a frat-like environment. Older consultants have families, but when you travel, you have to basically treat your colleagues like friends, Monday to Friday. Lunch Breakfast, Dinner.. same people, all the time.

      2. YES! Leather pants, I have yet to buy these.

  2. Erika

    Can’t wait to hear your podcast! Super excited for you.

    1. save. spend. splurge.

      I’m so nervous for it. I feel like I sounded terrible…

  3. Leigh

    Oh gosh I can’t wait to listen to your So Money episode! I listen to them while commuting and I’m super behind, but I’ll listen to yours right away 🙂

    The Roth IRA requires earned income, so I’m going to wait until I have $5,500 in earned income to contribute, which won’t be until February/March since I’m frontloading my 401(k). I may wait longer too because if I leave my job before mid-October, I could do it the easy way rather than the more complicated way. We’ll see what I end up doing!

    I’m curious to see how the Luxe Minimalism challenge goes for you! Enjoy your time off.

    1. save. spend. splurge.

      Oh dear. Tell me honestly how it turned out, I may never do one again… it was nerve-wracking.

      Oh I see, your Roth IRA is not at all like our TFSA structure where we contribute to it no matter whether we earn money or not…

      I am doing WELL SO FAR! I’m pleased. Of course, this is only day 4.

  4. Xin

    I also snack on chocolate (and probably more chocolate per day or per serving than is strictly a good idea) in times of stress. I generally have some in stock at my desk.

    I can totally relate to being too self-conscious to listen to recordings of my voice (or video recordings of myself, those are worse). I rarely run into situations where I need to review recordings of myself, but it always makes me cringe. I’ve used recordings to work on my communication skills (something I would benefit from as a I have a few verbal and body language tics that make me less effective), but it isn’t something I’ve done a good job sticking too because I find it so difficult to actually review the recordings.

    1. save. spend. splurge.

      I just stocked up on chocolate FOR THE YEAR. $60 worth. Ugh. I need to eat half a bar a week.

      I just.. won’t listen to myself. I think I sound terrible, so .. there you have it. I just hope people are less critical and like it?

  5. Corianne

    Best of luck with the Luxe Minimalism challenge – hope this one sticks! It’s important to choose goals or challenges that fit your life not just because others are doing them.
    And maybe taking a break from working will be good to take some time to relax and reorganise your life/home. 🙂

    1. save. spend. splurge.


      Yes. I am doing it for me, I can’t believe I could have been this undisciplined and willful so far. Besides, I am going to focus on the fact that I need about $3000 or more to travel to Europe this year. That already takes a chunk out of my budget & I have zero income coming in…

      My triggers are temptation. Either online or in-person. I just need to stay in and read. Like 10000 books.


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