In Budget Roundups, Money

February 2014 Budget Roundup = $222,681.60 +1.8% increase or +$3943.95

LOOKING BACK

THANKS PAYPAL, FOR REMINDING ME THAT I’M A SHOPAHOLIC

Just got this the other day:

I DON’T BELIEVE IN ASTROLOGY IN PRINCIPLE BUT….

….it’s kind of freaky how these birthday horoscopes fit me, my friends and my family members to a T.

I know my partner doesn’t believe in astrology either, but his horoscope is .. totally, 100% him.

NOT TO RUB IT IN, BUT THIS GIF IS HILARIOUS

How very Canadian! (But she probably didn’t apologize for scoring the winning goal and the gold medal for Canada’s women ice hockey.)

Via

ONCE PEOPLE CONFIRM YOU AREN’T JUST FAT OR BLOATED…

.. but pregnant, they jump up to offer you seats and help you.

This only really happens in the later months of pregnancy because they have to be sure you didn’t just eat a big burrito or something, or you are just.. paunchy in the middle.

I saw a girl eying my bump once and waffling back and forth about whether or not to offer me a seat because it might be offensive to me if I was just rounded in the belly and not pregnant.

Luckily she realized I was pregnant (I purposefully petted my little belly bump as a cue) and she let me have her seat.

It’s really touching and sweet. Thank you!


KNOW WHAT (KIND OF) KEEPS CANADIANS AT HOME?

The worst ice storm in history that kind of looked like this, and brought down power lines, trees.. you name it.

Photograph-Winter-Cold-Ice-Storm-2013-Trees-Coating-Weather

 

It was pretty nasty.

KNOW WHAT KEEPS AMERICANS AT HOME?

A foot of snow.. which is considered to be a “normal” Canadian winter.

(I kid.. I kid… sorta..!)

😛

Example: This is what I had to go out in one day to get to my prenatal appointment

All the buses were running, shops were open, people were going to work and life went on as usual, albeit a bit slower than normal.

By the next day, all the snow plows in Toronto had done their job wonderfully and the roads were salted, and black again.

(This is not the case in Montreal by the way. They’re either too corrupt at the mayor’s office, too poor or too lazy to do the job the way Toronto does it for snow removal.)

So as a Canadian I’m watching these disaster reports on CNN, hearing how shops are all closed in Washington D.C. because of a foot of snow, and people are staying home instead and thinking:

That looks like a normal Canadian winter to me.

Proximity-of-Washington-DC-to-Toronto-Snow

That said, it’s an unfair comparison because it is not normal weather for them there… but there should at least be some quick emergency tips given out by the government on how to deal with it, namely:

  • Don’t try and go at the speed limit when you drive, this will not fly (go slower..!)
  • Don’t gun your engine when you drive, it just makes you skid
  • When on ice or any slippery surface, drive slowly and carefully
  • Walk like a mountain goat — firmly but gently put your foot down on the ice one at a time, don’t try to walk normally
  • Bundle up and don’t expose skin or get it damp/wet (I do this at any temperature below -10C or 14F)

Click to embiggen any image below.

INCOME = $360.94

Err… yes. Well. It’s not a goal of $500 a month like in 2013, but that was not my challenge for 2014. Avoiding retail shopping, is!

  • Consignment: $177.38
  • Bank Interest: $109.52 (was a promotional period of 2.5%)
  • Google Adsense: $68.15 — Ouch y’all! This number has been steadily dropping…!!
  • Credit Card Rewards: $5.88
  • Found money: $0.01

EXPENSES = $971.59

WOOO!!! HOOOO!!!!!!!!! UNDER $1000!!!!!

Save-Spend-Splurge-Budget-Roundup-February-2014-Expenses

 

Can you believe this insanity?

I can’t. I can probably get this down lower too, seeing as I got stuff repaired and tailored this month (wait until you see what I did to that super soft vintage Jaeger camel coat I bought) and it was around $118.Save-Spend-Splurge-Budget-Roundup-February-2014-Expenses-Pie-Chart

TOP 5 CATEGORIES OF SPENDING

Beauty!

SAVED: ON WARDROBE THIS MONTH

Surprise, surprise. I returned a jacket I had purchased (it was cheap camel hair) and got $28 back. 😀

SPENT: ON A MEMORY BOOK FOR THE BABY

I really hate paper in general but I wanted to have a physical memory book to hold things for Baby Bun.

My mother did one for me (sort of, she gave up half way through), and I really want to do one for each of my children.

SPLURGED: ON REPAIRS AND TAILORING JOBS THIS MONTH

Before Baby Bun arrives, I did the following, with pictures to follow in a later post!

All totally worth it.

NET WORTH: $222,681.60 +1.8% increase or +$3943.95

This is my face: O_O!!!

I can’t believe I hit my highest net worth yet considering I made about $360 in income this month.

That spike makes my jaw drop.

Guess it was worth it to have a good chunk of my assets in USD rather than CAD, which accounts for part of that rise.

Sweeeet!

Save-Spend-Splurge-Budget-Roundup-February-2014-Past-12-Months-Net-Worth

DIVIDENDS REVIEW:

This is not counted as “income” because I do a DRIP (dividend reinvestment program to buy more stock which also saves on broker fees.)

Save-Spend-Splurge-Budget-Roundup-February-2014-Dividends-to-date

MY 5 FAVOURITE POSTS FROM THIS MONTH:

Queens-Earrings-Flowers

  1. How much money does it take to become a top-tier fashion / style blogger?
  2. What you can claim as expenses as a blogger (follow-up post to #2)
  3. What is your personal finance (PF) score?
  4. 10 reasons why sleeping on a futon is the best bed you’ll ever have
  5. Principles of a Practical Minimalist Wardrobe

BEST BLOG FEATURES FROM THIS MONTH:

Thanks!!

economag-us-why-i-am-not-paying-for-my-kids-education


  • EconoMag featured my post on why I am not paying for my kids’ college educations.
  • Cassie thinks I’d approve of her wedding choices ..and I DO!! Who wouldn’t  love it if a bride stacks delicious, delicious macarons on a platter instead of having a heavy wedding cake?

(Not that I’d say no to the wedding cake either, mind you…)

CARNIVALS I SUBMITTED TO:

  • Carnival of Personal Finance #420 hosted over at Start Freelancing Now with this post on how much money it takes to become a top-tier fashion / style blogger.
  • Carnival of Personal Finance #421 hosted by L Bee with this post on the difference between Canadian registered retirement plans: TFSA and RRSP
  • Carnival of Personal Finance: #452 hosted by Growing Money

LOOKING FORWARD

TO EVERYTHING! I’m so excited about my expenses being below $1000, I’m even more motivated to keep it that way for March.

HELLO MARCH!! I am so excited to NOT be spending a ton of money.

😀

Maybe I can keep my expenses to under $800 this month.

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Sherry of Save. Spend. Splurge.

Millionaire at 36 after getting out of $60K of student debt in 18 months, a little over a decade earlier, using TheBudgetingTool.com. Since then, I have paid my $600K home in cash (my half was $300K), my $180K casr in cash, 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 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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Posted on October 3, 2012

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14 Comments

  1. Dear Debt

    Your posts are amazing — how much time do you put into them may I ask? Also, I LOVE that you put .01 as found money. Brilliant. Good work on getting the net worth up, even with the less money coming in.

    I think it’s great you gave that girl a social cue you were pregnant and patted your belly. Sometimes you don’t know and you don’t want to offend — but you want to offer your seat and not be rude!

    Reply
    1. save. spend. splurge.

      @Dear Debt: Thank you!

      It depends. If I need to do research, about an hour or two. If it’s a budget roundup like this one, I do little pieces as things come in…. takes me about an hour to complete or so.

      Reply
  2. Heather H

    I moved to the DC area from New Hampshire 5 years ago and I still marvel at how inept they are here with snow. They simply don’t know what to do with it. We have plows but they don’t really know how to plow effectively, snow gets pushed in random piles including into the middle of turning lanes. Schools are cancelled usually before the first flake ever falls. Businesses close and stay closed for the next day even though it stopped snowing.

    Reply
    1. save. spend. splurge.

      @Heather H: Ah so it’s a question of efficiency and organization, and not so much that they have never experienced snow before. I had a feeling it was something like that. Unless you deal with snow a lot, you don’t know the tricks (like staggering the plows in a daisy chain effect so that as one pushes the snow, the other behind it collects the leftover and pushes it to the side, and so on).

      Reply
  3. Emily @ Urban Departures

    Look at that increase in net work. That’s extremely impressive considering it’s all passive income.

    Can you recommend a tailor in TO?

    Reply
    1. save. spend. splurge.

      @Emily @ Urban Departures: Very passive as I’m partly lazy..

      I like “As you like it” in Yorkville, “Studio Kim” was also okay but their work was a bit shoddy and rushed (King St and Bathurst I think?).. and for basic hemming and jobs like that you can try Golden Hanger Dry Cleaners at the Yonge / Bloor location.

      Reply
  4. Laura

    Loving your low living expenses!
    Tailoring clothing is such a good idea – something I’ve never even considered – but it makes so much sense!

    Reply
    1. save. spend. splurge.

      @Laura: I want to get it down lower.. wonder if it’s possible!

      Tailoring clothing that’s off the rack is one of the great hidden secrets of a polished outfit. Nothing fits properly without a little tailoring.

      Reply
  5. jane savers @ solving the money puzzle

    My mother bought a baby book for me.

    It has one picture in it and no writing at all.

    I am the third child.

    Reply
    1. save. spend. splurge.

      @jane savers @ solving the money puzzle: I am also the third child in my family and I was the only one who got a baby book.. even if it’s only half-filled!!

      Reply
  6. Tania

    Loving that rent amount! Rent, mortgage and car payments (or lack thereof)can make the biggest impact. I tailor a lot of stuff too although not as much now that I don’t wear business attire. Makes a huge difference in fit/function, totally worth it.

    Reply
    1. save. spend. splurge.

      @Tania: That rent or basic fixed expenses is what is saving me right now. I need to continue conserving money which should be easy 🙂

      Tailoring is the only thing I should spend money on until November, truth be told. I have everything I need.

      Reply
  7. Cassie

    That’s a pretty epic net worth spike for the month of February, especially considering you didn’t make your income goal for the month.

    Out of curiosity, if you averaged out your monthly clothing spending from last year and applied it to this month as if you had been shopping normally, what would the spike have looked like?

    Reply
    1. save. spend. splurge.

      @Cassie: Well I didn’t set an income goal for this year… I figured there was no point, I have a baby and I can’t force contracts to happen. My priority is the child.

      Looking at my net worth page, these are my yearly numbers so far:

      $10133 (2012) + $11485 (2013) = average of $10,809 in wardrobe spending (net) in a year.

      $10,809 / 12 months = $900.75 net per month spent on average.

      Increase of $3943.95 this month minus $900.75 = $3043.20

      I would have been up by about $3000.

      Reply

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