Don’t be frightened… but…
I SPENT A SERIOUS AMOUNT OF MONEY THIS MONTH REPLENISHING STUFF
After discovering China as pretty much the worst country to buy from, and putting all the pieces together (duh, we’re idiots), we set to work replacing all the dishes, pots, pans and glasses in our house, and for ourselves.
2 households x 2 sets of everything = 2X as much money spent.
Oh well. It’s only money.
At least I know my family is not eating from suspicious, possibly poisonous Dollarama plates.
I will note that not all of it was necessary 🙂
I probably didn’t need to buy new makeup brushes or lots of jewellery, but…. when in Rome… do as the shopaholic Romans do..
BEEN WRITING A LOT IN MY FREE TIME…..
Just in case you were wondering what I was doing with all of this free time, I present to you my scheduled posts until the end of October 2013 (to date).
All the green spots are upcoming posts.
I have about 80 more in drafts as half-finished posts, and another 50 as post ideas.
I am also working on a series that takes a LOT of time to prepare and set up so that won’t be out until next year.
I think I need a contract.
Like.. stat. I’m obviously bored out of my skull and eating my way through my net worth like some bored and very hungry caterpillar.
In the meantime I’m working on a book.
Not sure how I’ll sell or print this thing, but that’s a fun project for me to take on for next month to stay away from shopping.
I also think that scheduled posts up until October 2013 posting almost daily, is a pretty good buffer, wouldn’t you say?
INCOME = $1203.01
My mini goal was to casually make $500 a month on the side, and I made more than double that this month.
EXPENSES = $4979.95
Ick. “Necessary”, but still. Ick.
Even though I was WELL AWARE OF WHAT I WAS SPENDING EACH MONTH, it still doesn’t make the number any smaller.
This is why I budget.
You also want to know why the start of each fresh month makes me happy?
Because it means my budgeting tool resets itself and I can try doing better this month all over again.
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Gifts and Wardrobe. That just about sums up my month of spending.
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TOP 5 CATEGORIES OF EXPENSES
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SAVE: What I saved the most on this month
WHO SAVES ANY MORE?
Saved on car costs.
We didn’t drive much or park anywhere. We went out with the car about 3 times this month.
SPEND: What I spent the most on this month (per item)
About $1000 on pots and pans as a gift to my parents.
That was in a single purchase.
SPLURGE: What I splurged on this month
$600 to replace my underwear and boy did that sting, even putting it on a credit card.
Bought 7 pairs of Cosabellas and a single bra in a single transaction.
In second place, comes jewellery at a whopping $800, to replace all my favourites into handcasted sterling silver, so that I know it isn’t from Forever 21 or H&M, no matter how cute they look.
The rest was just.. well Etsy cute stuff. *digs toe into sand* You’ll see it all next week!
NET WORTH = $203,889.37 a decrease of -($5820.49) or -2.78%
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Took a diiiiiiiive! *shrug*
Well, no scratch that.
I’m mildly concerned but also unconcerned at the same time because I know where the money went — paying for household equipment and replacing things from China.
To be honest with you, I could lose half my net worth and still be a happy person.
I’m young, healthy, and not in debt and 2 of those things can’t be bought with any amount of money.
NET WORTH FOR THE PAST 12 MONTHS
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Talk about a roller coaster. Most of it is related to taxes (the dips), the stock markets rallying (the rises), and the spending (the shallow dips..)
MINI STOCK & DIVIDENDS REVIEW
I put up about $50,000 this year in March for fun to invest in stocks and dividends, and I’ve been researching and purchasing stocks anywhere in between January to March.
After the huge rally in January in the markets, I cashed out my index funds with the intention of moving all of my accounts over to Questrade, so I actually managed to go out at the peak which means I’ll pay taxes, but I want to try and consolidate my investing into one account rather than spread out all over.
I purchased the bulk of my stocks in March which is when I decided it would be fun to track it, so the numbers are just for March, not for the quarter (January – March).
MARCH 2013 STOCKS & DIVIDENDS RESULTS
Note: The average capital gains return % is taken from the current returns I calculated of each stock, not by taking the Capital Gains divided by Total Capital Invested.
Note 2: The dividend payout is really a re-investment. I didn’t take it as cash, although I might.
This is a bit messy for me because I bought some stocks (under $5000) in November, December and January.
Then I bought the bulk ($40,000) in March, so the numbers are all wonky.
I think the numbers are slightly inflated, if I am being honest.
I am trying my best to keep it as accurate as possible for March based on best guesses, but it won’t be super accurate until later months (where I will track month-by-month) because I didn’t track anything officially for January or February to see the differences.
I still think index fund investing is the way to go for lazy people such as myself, so most of my money sits there; this investing is more of something to challenge myself to see how I fare over the year.
MY 5 BEST POSTS THIS MONTH:
There were more I liked (I posted SO MUCH!) but these are my best 5 I think:
- How much should you have saved for retirement by age?
- Women are losing over $500,000 over the course of their career
- Top 5 Career Regrets
- How much did women spend on clothing in the past?
- How much space do you really need?
MY BEST FEATURE THIS MONTH:
“I dreamt that @saverspender lectured me about riding my bike on the highway.”
Made me laugh because then I imagined this:
She later clarified that I was lecturing HER with her mother about bike safety with Powerpoint slides, no less. O_o
Except I really hate Powerpoint… and I probably wouldn’t create a presentation on bike safety (boring, really.)
ARTICLES I REALLY LIKED THIS MONTH:
BEST ARTICLE ALL MONTH
Fortune: The Rise and Fall of Andy Zaky – The whole article had my heart beating!!
MUST READ. Here’s an excerpt:
“But things got out of hand in October, when Zaky became convinced that Apple was set to rally. “
At some point he lost it.
When he said hold on to our spreads, I was losing $25,000 a day.
I couldn’t sleep.”
“I can distinctly remember his urging members to deploy ‘any spare cash’ they had into the $655-$705 call spread,” recalls another former Bullish Cross member.
[snip to get to the Apple haiku someone wrote]
No one did better”
- (Follow-up must read post: The Monevator – Know your own risk tolerance)
- A Gai Shan Life: When there’s a will, there’s a way – Just a plain good ol’ read with family history
- Jane Savers: My grandparents’ money history – Another good read with family history
- Jane Savers, AGAIN!: My parents’ money history — I really love her simple, frank writing
- Are ya gonna eat that?: Growing up with powdered milk — I did too.
Paris Plage 😉 Paris’ version of a beach…. on a sidewalk by the river!!
- Reach Financial Independence: Cheap Traveling – La France — If you plan on visiting France or maybe if you just want to invest in coconut farmland, Pauline has you covered too!
- Free Financial Advisor: How advisors use colour to affect your money decisions
- Add more Vodka: Just say no to cheap clothes – FINALLY! I thought I was the only one…
- Elle & Ish: Confessions of a Male Shopaholic – I get the same rush, I know how he feels
- Femme Frugality: Are you a Thicke or a Gottfried? — Interesting post on spending habits!
- Vanessa’s Money: Why aren’t more people truck drivers? – Great insight into a high-paying job
- Seth Godin: The worst feedback is indifference – Exactly. This is why I only read 5% of PF blogs.
- Freedom Thirty Five Blog: Get divorced (in China) to save a lot of money on taxes – There’s a joke in here, I know it!
CARNIVAL(S) I SUBMITTED TO:
#404 Carnival of Personal Finance with my piece on Anchor Pricing Cues.
I have 2 words for you:
I think I pretty much killed my Wardrobe budget for the entire year, and satiated the spending beast.
(I still need basic fabric non-leather shoes.)
I would really… REALLY like to aim for spending $0 on Wardrobe and Gifts this month, which is doable, as I will be receiving all the things I bought in the mail and it’ll feel like Christmas.
I’ll probably end up spending about $60 to get some plain, fabric sneakers.
All I have are rainboots, leather boots, and leather flats. NO FABRIC SHOES.