In Budget Roundups

January 2015 Budget Roundup = $300,580.68 +$6276.59 or +2.09%

LOOKING BACK

LIFE IS TOO SHORT

My childhood friend died from brain cancer today. She left behind 2 children and a husband who is struggling to piece their lives back together.

I wasn’t super close to her in school and I didn’t really keep in touch after primary school, but her death hit me in the gut nonetheless.

She was my age. I thought about her all day.

I IZ ON INSTAGRAM NOW — SAVERSPENDER

instagram-saverspender

Honestly, I had no idea WTF Instagram was but if you use Twitter, it is like Twitter but with pictures and videos and a much longer message space available.

I’m using it to mostly document stuff I wear….

Follow me on Instagram OR on Twitter.

I am on both now.

And on Facebook…. and a ton of other sites.

Just check out the sidebar to the right under KEEP IN TOUCH.


CAREER ENVY..I HAS IT.

I have to keep reminding myself that I am only in my early 30s and frankly, it is a damn miracle that I make the income I do and work the hours I do.

I still have 30 years to go of this kind of income potential and quite honestly I will probably retire early.

Very early.

It’s just hard because I’m (stupidly) comparing myself to people in their 40s and 50s.

I have to remind myself that they didn’t start at the income I did at my age, they may have just started only about 10 years ago (at the same time I did), but have more experience than me but not necessarily in our jobs (essentially, I have the same years).

I am not earning THAT much less per se, but being the kind of alpha personality that I am, I am expecting to earn at least the same amount or more because we are essentially doing the same job, and I am seeing that I am doing a better job because I’m not just being an egomaniac, it’s a fact.

I’m delivering results and they aren’t.

Still, I have to smack myself (figuratively) and keep things in perspective because I’m in a very small career niche, much like in personal finance blogging, and it can be hard to see the big picture when you’re in this bubble and everyone seems to be doing better than you.

Know what I mean?

I think I’m going to need to ask for more money.

INCOME = $18,779.76

You will notice that even though my income was high and my expenses were low, this month had:

  • charitable contributions (10% of my income from previous year)
  • low-performing stock market

….all equalling a rather dismal net worth number for January. *shrug*

EXPENSES = $2650.43

YESSSSSSSSSSSSS!!!!!!!!!!!!!!!!!!!!!!!!!!!! Under $3000!!!!

save-spend-splurge-january-2015-expenses

save-spend-splurge-january-2015-expenses-pie-chart

TOP 5 CATEGORIES OF SPENDING

save-spend-splurge-january-2015-top-5-spending-categories

SAVED: ON NOT SPENDING ON CLOTHING

I am doing really well. I’m even selling stuff from my wardrobe.

Go check it out.

A lot of it has sold already but.. there’s still some stuff left. I’ll be selling all year. I’ll keep the page up and update it on occasion.

SPENT: ON LIVING

Did you see my awesome list of expenses above?

I ONLY SPENT ON LIVING!

SPLURGED: ON 2 NECKLACES

I didn’t NOT buy anything, I got 2 necklaces this month.

They’re verrrry pretty.

NET WORTH: $300,580.68 Increase of +$6276.59 or +2.09%

Finally y’all.

$400,000 will be my goal for the end of the year, or net $100,000 (after taxes) in the bank.

save-spend-splurge-january-2015-net-worth

 

Schweet!

save-spend-splurge-january-2015-net-worth-past-12-months

Can’t wait until it moves into a whole other stratosphere on this graph.

BABY BUN NET WORTH: $7527.55 +$1373.43 or +22%

The Bun has been killin’ it too.

Like Mommy like Baby..

save-spend-splurge-baby-bun-net-worth-jan-2015

MY 5 FAVOURITE POSTS FROM THIS MONTH:

  1. 2014 year in review: what I bought watched and read
  2. 2014 budget in review
  3. Minimalist French woman’s wardrobe
  4. 18 Rules of Living
  5. Toronto, Canada Travel Guide

LOOKING FORWARD

I have 3 words for you:

Keeping on track.

I’m going to have an awesome 2015. February will be just one of those killer months.

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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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18 Comments

  1. SarahN

    Loved your insta though I see some on FB, only some I can comment on. I’m surprised by your ‘cheap’ store jewelery, I suppose I think you have expensive taste, and most of it (I am assuming) would be made in china? Anyhow, I love that you’re in a STEM field from memory and you wear so many dresses. The other crazy thing is, when it’s winter here in Sydney, the heating isn’t warm enough for some of the things you picture wearing in a Canadian winter. A little jealous of this fact!

    Reply
    1. save. spend. splurge.

      The pieces I kept were made in Vietnam rather than China. The rest I replaced with Etsy versions in silver.. I am in STEM yes and I wear a lot of dresses with girly jewellery. I don’t care if it makes me look “less pro” to some people not being in somber pants and shirts but at least I don’t look boring. I dress for myself.

      Reply
  2. Cassie

    Sorry to hear about your friend 🙁 I can only imagine what her family must be going through right now.

    Reply
    1. save. spend. splurge.

      That’s all I thought about and have been thinking about.

      Reply
  3. Sarah Li Cain

    OMG I LOOOOOVVEEEEEEEEEEEEEEE your Instagram account! Makes me want to go on a shopping spree, instead of buying stuff for the baby, like a shelf to store his stuff 😛

    Reply
    1. save. spend. splurge.

      LOL!!!!! I’m an enabler.

      Reply
  4. Bridget

    Woot! Nice work crossing $300K (officially, in budget roundups because we know you did it weeks ago)

    I’m so excited to just past my first $100K =p sigh so far behind

    Reply
    1. save. spend. splurge.

      Thanks!

      Well I got a head start. 🙂 You aren’t THAT far behind considering your age.. you’re younger than me too 😉

      Reply
  5. Elroy

    Sorry to hear about your friend. Crap can happen anytime.

    Nice work on the budget and increasing your networth! I was also up in a down month […]

    Reply
    1. save. spend. splurge.

      Thanks.

      Yeah it helps when you make a good income like I do.

      Reply
  6. The Asian Pear

    I’m sorry to hear about your friend. Even if you two aren’t close now, the news must have been quite shocking and upsetting. 🙁

    Reply
    1. save. spend. splurge.

      It was. Came out of the blue. She was my age.. and she had kids like me.

      Reply
  7. CorianneM

    I think you’re already following me. It’s @coriannemerit

    Reply
  8. ArianaAuburn

    There is no need for career envy: you are blessed to be able to work the hours you work and earn what you are currently earning. I would be kissing the ground every morning if I earned half of what you earn per month. You also have the gift of finding the right time for the right opportunities- I wish you luck on your future negotiations 🙂

    My condolences for your friend 🙁

    Reply
    1. save. spend. splurge.

      I know but you know how sometimes people get into this bubble and can only see what’s happening in that bubble? That’s me. I have to snap out of it.

      Reply
  9. CorianneM

    How awful about your childhood friend! It really puts everything into perspective doesn’t it?

    I only recently joined instagram as well. I didn’t think I would like it but I do! I mostly take pics of the food I make myself. I just don’t seem to whip out my phone on many other occasions.

    Reply
    1. save. spend. splurge.

      Ditto! What’s your instagram account?

      Reply

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