In Budget Roundups, Money

July 2016 Budget Roundup = $506,965.46 or an increase of +$2227.76 or +0.44%


So much happened this month, and there is more to come.

We made a few offers this month on condos (moving fast), and ended up deciding on a final one that cost $600,000 in cash; this is why we decided to buy a condo in cash.

I paid my half ($300,000) in cash, and as a result, have seen my investments drop because now I have the chance to rebuild them back up again.

I have about $200,000 outside of my home, so that isn’t so bad for me.

It’s not ideal, but it isn’t terrible. I still have a lot of money to survive for the next 5+ years without working a day, if I have to.


Still not working. Hanging out with The Bun which has been fulfilling in its own way. I’m learning patience, how to stay calm and block out squealing/screaming in your ear when you are about to lose it.

What really helps is if I sleep well.

EXPENSES = $4795.14

Part of all of this was stress as well (see: Food & Wardrobe)

I think The Hungry Caterpillar knew this best…


Even before you buy a home, you have to pay for so much — the notary, the taxes on the home (the “welcome” tax), new appliances, think about painting, closets…

I can see how homes are a real money suck and this is only the beginning for us.

Once we get the place settled in about 2 years or so, I am most pleased about seeing my ‘rent’ go down by at least half.



DIVIDENDS = $1028.38



This will be the last month I see such great dividend gains.

I was on track to get $12,000 a year in dividends until we cleared the place in cash, so .. guess I’ll be rebuilding all of that again!

NET WORTH = $506,965.46 or an increase of +$2227.76 or +0.44%


At least I am still in the half a million dollar range!

Not bad for someone who isn’t working at all.

BABY BUN NET WORTH = $14,016.80 or an increase of +$438.09 or +3.2%


In Baby Bun news, he is doing great, and is KILLING IT in his net worth.

I’ve been diligently tracking all of his money from the government being deposited into his account, maxing it out at $2500 a year for his RESP, and storing the rest in a high interest savings account.

My little saver… <3



We will still need to shell out for:

  • Notary ($900)
  • Taxes ($5000)
  • Closets ($5000)
  • More appliances ($2000)
  • Moving fees ($300 for change of address forwarding)
  • ????

Who knows what else?

Goodness, I need to get a contract. HIRE ME ALREADY.

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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. Ralwoe

    You were doing so well, until you lost your mind and bought into a condo; or at least were planning to.


      And what have you done?


      I mean, besides criticize strangers online for doing what they want with their money.

  2. Jen

    Congrats Sherry!! No more moving around. Listened to your podcast with was excellent!!


      Thank you kindly!!!!

  3. Marie-Josée

    Congratulations on your purchase and for putting down roots in lovely Montreal. Good luck with the move and in settling in smoothly with the baby.


      Thank you so much! 🙂

  4. ST

    Congratulations on your new condo purchase. After we bought our house, we spent a lot more than we had aniticpated as well. Just wondering what kind of condo does $600K get you in the neighborhood you chose? I assume quite large, although I don’t know much about Montreal’s real estate to be honest.


      1200 square feet, 2 bedroom, 2 bathrooms and 2 parking spots. 🙂

      For that same price, if we lived farther away, we’d get a huge house….

  5. raluca

    Both you and your Bun are killing it!


      He is really doing well *proud*


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