In Budget Roundups

March 2012 Budget Roundup = -($19,940.96) or 9.61%


This has been a seriously expensive month. I’m practically having a heart attack in the corner reviewing the numbers.

Everything happened in March:

  • Moving expenses (including hotel and car rental) kicked in
  • Taxes to be paid for my 2011 year
  • Getting settled in a new place

= ONE BIG FAT CHUNK of my money out of my bank account.

The good news is that I’m here in the meantime:


Not sure for how much longer, but I am loving this city.

INCOME = $7386.35

  • Not my true pay, I came in between pay periods, so it’s higher than it should be
  • In total, I should expect about $10,000 a month (2 checks) <– check out that American spelling!

EXPENSES = $18, 752.58





I create those spreadsheet using my own budgeting tool 

Government = obviously that was my biggest expense this month at around $9500.

Happily, I did not pay my estimated $20,000 in taxes because of my charitable contributions and my maxed out RRSPs. I am also including in the Federal tax, Social Security and Medicare deductions in here.

Rent = This is the cost of hotels. I guess I should write the category as “Lodging” or “Shelter”, but … technically, I am ‘renting’, so this stays as-is.

Wardrobe = I gots nothing here. I spent almost $2000 and.. well. Can I just say in my slight defense that I bought a lot on my Wardrobe Wants list, and I replaced my dying ballet flats?

Travel = This is really my ‘Moving Expenses’ category. It was a LOT of dough to check in my suitcases (you have to pay for each suitcase and then if they’re ‘overweight’ or more than 50 lbs).

Transportation = Car rentals. I don’t have a car yet, and I may not buy one. We’ll see.

Cellphone = I also got an iPhone 4 because it was $100 cheaper than the very latest model (4S?).

I was hemming and hawing over a pay-as-you-go plan that (I thought) would be cheaper, but it turns out that American pay-as-you-go or prepaid plans are JUST as expensive.

They’re about $40 – $50, up to $120 if you use the phone every day for a month… and it doesn’t come with anything like a data plan and so on. They CHARGE YOU for each day you ‘access’ the phone, or use it to make a call.

So the iPhone cost me $100 with a 2-year plan (Verizon), and I will be shelling out $70 a month for it.







Other than in clothes and taxes? 😛

  • I pay for things in CAD with my CAD credit card, and get reimbursed in USD
  • ….which means I shift my money over from CAD > USD slowly
  • Investments — I took out a big chunk of my EF and threw it into investments before I left


All I can say is: thank heavens I have my budget and it’s helping me stay organized, even if it was a pricey month.

The problem with being in a new country, is trying to deal with two currencies at once, and bank accounts all over the place.

If I didn’t keep track of everything that has been happening to my bank accounts and wallets this month, I’d be utterly, pathetically LOST.

I’ve started setting up personal columns to note between the CAD/USD exchange, and it’s been helping, somewhat.


Check out my books & my investing tool 


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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. Laura @ No More Spending

    I’m dreading the currency complications when we eventually move, although it WILL be worth it! 🙂

    1. Mochi & Macarons

      It is a real hassle. At least the CAD and USD are almost at par!

  2. Mochi & Macarons

    Figures you’d be the one to cheer me on LOL!

  3. Leigh

    T-Mobile has pretty decent prepaid plans, but they don’t have the iPhone. You can get an unlimited talk+text+data plan from them (prepaid) for $50/month. I think I will do that for my next phone, rather than the $85ish per month I’m paying now since I wanted a specific phone.

    1. Mochi & Macarons

      I too, wanted a specific phone so I narrowed myself down to ATT or Verizon….

  4. SWR

    Is something mis-labeled in your spreadsheet…or did you make some booze-induced toiletry purchases before you moved? 🙂  

    1. Mochi & Macarons

      I think I went a bit nuts…. I bought a lot of makeup and replenished stuff so the list went nuts. Luckily I have everything now so I am good.

    2. Mochi & Macarons

      OMG you’re so right!! I mislabeled. That info is supposed to go under TREATS not Toiletries. Ah well…. I will update it later


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