In Budget Roundups, Money

February 2021: Expenses Budget Roundup

All of the images below have been created with The Wealth Tracking & Budgeting Tool available for sale on Etsy, or at where all proceeds go to charity

This is a sheet you buy ONCE and you can re-use for future years, plus it lets you store all of your historical data from previous years (super handy).


$1614.20 or 6% of income

A big drop from January, mostly because I had to send back $50K to family, so this is me trying to stay chill with my own personal spending.

My Side Income covered my expenses with $2302.27 to spare

So to be clear:

  • I earned $3916.47 in side income
  • Technically, I had $2302.27 leftover to “spare” after covering my expenses…
  • ….but I really was short $483.71 in actual $CAD cash that was deposited into my bank account!
  • The rest was completely reinvested.

The majority of my side incomes are reinvested back or untouchable, so I am doing a thing where I am seeing how much of my side income ACTUALLY comes into my bank account as $CAD to pay for bills.

I was short a little under $500 in bills, so that came out of my cash flow (I keep it around $9000 a month).

It’s my little side goal for this year that also tells me that I have to really consider my spending if I want to one day, have enough $CAD cash from side incomes to cover my bills easily. It’s a challenge for my brain because I don’t respond to spending bans unless I can see the actual goal/purpose of it.

Of course, as I have actual cash from my main job coming in, if it ever dips down I simply just replenish it the next month from that.

Expenses In Detail:

Home includes condo fees, insurance and utilities: $576.02

It went up a little this month because I always get my budget reconciliation late from my partner so we actually paid more in utilities last month so I am adding it here to keep track of it for the whole year 2021 in total.

I include in my home expenses everything from:

  • condo fees
  • home insurance
  • electricity
  • water (though it’s free here… but I thought I should mention that)
  • heating (comes via electricity)
  • internet bills
  • cellphone bills

…basically anything that runs a basic home.

Groceries: $634.88

This is just my half. We spent a little more this month because I am asking for new condiments (?) like spices to switch things up, and I am eating yoghurt now, along with other things like vinegars to pickle items to add something different to the meals.

Household includes household supplies that are used (e.g. soap, toilet paper) or anything like pots, pans and so on: $0

Still nil. We stock up a few times a year and then the bill shoots up, but otherwise, we have mostly everything we need, and we do family cloth which cuts down significantly on toilet paper usage.

Little Bun (includes schooling): $30.56

I bought his Grade 2 books as he’s finished his Grade 1 books.

Office (includes postage, paper, ink, electronics): $0


Medical (anything like dental, pills, surgeries..): $58.19

I am feeling much better now that I am taking magnesium again (I think), and I bought a massive family sized bottle of Tylenol (extra strength), & I also got some cold night pills as well.

Wardrobe (anything shopping like accessories and clothing): $274.42

All of it will be posted in my What I bought Roundup posts and a little of it gets highlighted below as well under my specific expenses.

I couldn’t resist this one sweater this month as I have been looking for it for so long, so I bought it to have it. It’s rare, so to speak.

Eating Out: $40.13

OK so I didn’t really “eat out”, what I did was buy chocolate to replenish my stash. I don’t have a “Treats” category any more, I figured it should all go under “Outside Food” basically.

Toiletries: $0


Entertainment (books, music, and upcycling projects): $0


But I do plan on buying some more next month. This is one of Little Bun (and my) favourite activities to while hours away together.

Gifts: $0



Favourite: $274.42 – Ridley Sweater in White

I FINALLY FOUND IT. Medium, new with tags from eBay. *hearts in eyes* *happy sigh*

Unexpected: $40.13 – Chocolate

I ran out of chocolate and didn’t expect to replenish until April but here we are. Eating a kilogram a month.

Hated: N/A

Didn’t hate anything this month. I mean.. it’s all useful.

Expensive: $390.41

Wow. My half of our condo fees were the most expensive thing I bought this month.

Joyful: $54.56

I bought the Grade 2 books for Little Bun. We are moving on and up. I need to drill him on multiplication so we have to figure out what to do for this.

Cheapest: $3.28 – Apple Arcade

I forgot that I subscribed to this and it bills monthly so I have added it to future budgets so I don’t forget. He loves the games Tint, Patterned, Other Worlds, Doomsday.. so it’s well worth the money in my opinion.


I did really well and I credit this to a few things:

  • My credit card got hacked – But I have it back now so we’ll see.
  • I am only buying Wardrobe things I CANNOT find/buy later on (rare sweaters, etc)
  • I am mentally using the $CAD I get deposited into my accounts as my real ‘income’ so that I don’t falsely feel like I have too much money
  • I sent $50K back to family. That was a big chunk of change.


March will be fine, and so on. I actually have to spend time and effort in doing some more homeschooling proving for the government, which I only just found out recently, so I am not able to spend if I have to now do (and DOCUMENT) all of these things with Little Bun under homeschooling needs.


If you’re interested, I use the following:

  • Rakuten: Use my referral link for $5 in cash to get started – I use them to shop on sites ALL THE TIME.
  • Swagbucks: Use my referral link for 300 Swagbucks to get started; you need 750 to redeem for $10 CAD
  • Rogers World Elite Mastercard – No annual fee, 1.5% cash back, but you can only redeem it yearly and you have to call each year to ask them to redeem the credit against your next year’s statement. I use it for all my purchases as I buy a lot in USD$, 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

Stay tuned for the net worth & investments 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 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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