March 2014 Budget Roundup = $229257.89 or an increase of $6576.29 of 2.95%
In that case, I have both right now — success and happiness.
IN OTHER NEWS…
I welcomed a new life into the world and have been preoccupied with learning how to be a mother.
To celebrate, I’m giving away a FREE one year’s magazine subscription!
HOW IT IS GOING WITH A NEWBORN
I hope I can stop pumping milk so often after the first month and continue having a good amount of breast milk come in.
This is getting exhausting, pumping every 1 – 2 hours to make enough to feed him. I wish I could pump every 3 hours or 4 hours instead, but if I go too long in between pumps it is extremely uncomfortable, especially at night.
Baby Bun kind of looks like this at feeding time:
On more than one night, I have totally broke down in stress and tears because I had no more milk left to pump and give, and he was crying because he was still hungry.
I was SO adamant to not supplement but I have made peace with it and am a happier mother now that I am not under stress to produce milk.
He’s also developing a little personality.
He doesn’t cry or fuss very much and is pretty agreeable unless he’s wet, or needs to eat.
He’s a bit of a little piglet and when he’s starving he makes noises like an aggressive one too.
He’s just as cute as this one:
He also has an unnerving stare that bores deep into your eyes and your soul, judging you and your milk production levels… (what!? this is how I see it).
Anyway, I miss wearing pants. I have to start getting serious about losing these 10 pounds off me which means I have to stop my newly developed habit of eating a whole cake a week, along with snacking on homemade cookies during the day.
CLICK ON ANY GRAPH BELOW TO ENLARGE
INCOME = $2677.09
Didn’t work at all this month — I have a newborn!
- Currency Exchange (USD to CAD): $2067
- Consignment: $276.12
- Re-sold vitamins: $258.46 — Estrosmart, which I believe got me pregnant in the first place
- Advertising: $72.67
- Credit Card rewards: $2.84
I made a little bit of money (couple thousand) exchanging about $20,000 of USD into CAD at an estimated rate of about 1.10.
I could have held out for it to be lower at 1.20 or whatever, but I am doing the exchange now because I need the money in CAD to FINALLY be able to max out my TFSA contributions for 2014.
(It’s currently held in a non-registered account and being TAXED.. ick.)
Anyway, mentioned a while back I had a SNAFU with my TFSA contributions (ING forgot to send information to the CRA that I had withdrawn money), so I’m basically re-contributing what I had originally contributed.
EXPENSES = $489.44
NO, that is not a typo!!!
Turns out, if I can truly motivate and scare myself into not spending money, I can make anything happen.
So the lesson to me of March is that I can easily spend under $1000 a month on living expenses if I live like a hermit, chained to my breast pump, with a newborn exhausting the heck out of me so that I have absolutely no will or desire to leave the house.
I’d rather nap than go out and this is doing wonders for my wallet. The pie is a little screwy because Transportation is actually in the negatives.. but Microsoft Excel is dumb and can’t recognize that.
TOP 5 CATEGORIES OF SPENDING
SAVED: ON EVERYTHING!!!!
I haven’t been going out.
Like literally have not left the house except for 3 doctor’s appointments. I am kind of scared to go out in the first month because he’s so fragile and it is SO COLD outside.. but also because I need to be chained to my breast pump to be able to feed him.
How awkward would that be to have to pump every 2 hours in some public bathroom to feed your screaming newborn?
I am going to get cabin fever soon if this weather doesn’t warm up so I can take short little walks around the neighbourhood with Baby Bun, without having to bundle him up like an Eskimo.
SPENT: ON FOOD.. Mostly.
Food.. food.. food. It’s what I’m burning through right now.
It’s deceptively low, my groceries budget, but I am eating like a sow feeding a little piglet.
SPLURGED: ON A PAIR OF GLASSES I SAT ON
In my sleep-deprived state, I sat on my glasses and broke the frame.
Instead of buying a cheap pair of $30 glasses I decided to repurchase the high quality, super light frames instead.
Just had to convince myself to do it and not be cheap.
NET WORTH: $229,257.89 or an increase of +$6576.29 or 2.95%
The increase is due partly to the Canadian dollar doing poorly against the U.S. dollar (I have about 40% of my portfolio in USD), and also because I had invested most notably in Orange (formerly France Telecom) stock (ORAN), which went up.
The rest of my stocks went up a bit too, the only one that is still in the red is Rogers Sugar (RSI.TO).
NET WORTH FROM THE PAST 12 MONTHS
This not-working-but-also-not-spending-gobs-of-money schtick is working out for me. I hit my highest net worth to date, and ironically it’s not from any active income from my day job, per se. Let’s hope the trend continues..
I need to continue to put pressure on myself to NOT SPEND MONEY and to stop breaking important things like eyeglasses so that my emergency fund of $13,000 will last me all the way until I am able to go back to work.
CURRENT NET WORTH IN MULTIPLE CURRENCIES
Just for kicks, here’s what my net worth looks like in different currencies:
I’m a millionaire in Hong Kong Dollars, Chinese Yuan, Mexican Pesos or Swedish krona!!
The British pound of course, is the most dismal number of all at 124,710.25 pounds..
DIVIDENDS REVIEW: Made $11.46 in March
So I was under the impression that my dividends were on a DRIP (dividend reinvestment plan) with Questrade but it turns out you need to mail in a HARD COPY of the form requesting that your stocks be put on a DRIP.
You can’t fill it in and upload it, or just check a box on a form (which I distinctly remember doing when I first started the accounts).
You can find it under My Accounts > Find Forms > Funding Forms
The form is called: Dividend purchase plan authorization
You need to fill it out for each Questrade account, and each time you buy a NEW stock that pays dividends you need to inform them to put it on the DRIP; but you only need to submit this per Live and learn.
It’s a good thing I made barely any money last year, I didn’t even hit the basic minimum ~$11,000 personal tax amount so I am still paying $0 in taxes.
MY 5 FAVOURITE POSTS FROM THIS MONTH:
- How much should you have saved for retirement by age 30-35?
- Where do the richest people in the world live?
- How to get a Parisian wardrobe: Part One: Principles, Part Two: Capsules, Part Three: Essentials
- Practical Minimalist Shoe Wardrobe
- North American versus European views on debt and savings
BEST BLOG FEATURES FROM THIS MONTH:
- Featured Economag this month with these two posts: Why I won’t be paying for my childrens’ college education and No one should be more interested in your money than you!
- Ree very kindly included my post on the minimalist packing I did in her Women’s Power Wednesday roundup, as did That Life!
- Kendal over at Hassle-Free Savings liked my minimalist wardrobe post and was much too kind with her praise, and so was iou and Suburban Finance!!
- Stephanie over at Graduated Learning featured my Baby Cost Tracker, where I list out all my expenses related to Baby Bun thus far.
- Jane Savers is right on target by saying that having Baby Bun will cost me money and my net worth will drop. *sigh*.. and she also enjoyed my post on where all the rich people live
- Stacking Pennies says her PF score will be around 5-10 at the end of the year; what will your PF Score be??
- PK very kindly celebrated Baby Bun’s arrival with a mention!
- Cashville Skyline liked my post on how much you need to have saved by the time you’re 30
- More than Mommies featured me talking about how much you need to save for retirement
- Better late than never, apparently I am inspiring!!!
- Fit is the new poor liked my post on secrets for first time mothers.
- Adina from one of my favourite blogs (Blue Collar Red Lipstick) enjoyed my post on a Parisian Capsule Wardrobe but can’t see herself dressing like that every day.
- FU (yes, I am calling him FU now), liked my post on how American cities compare to GDPs of world nations
CARNIVALS I SUBMITTED TO:
- Carnival of Personal Finance #453 and #454 hosted by my friend Revanche!
…to not spending any money in April either. This is what I am chanting to myself:
In May I have a wedding to go to, so I will allow myself to get a pedicure (my feet are disgustingly dry and cracked right now..).
It will also be nice to go out with BF and spend time with adults.
I think I am not going stir-crazy and about to snap (beyond the normal levels of snapping), because I am so actively involved online with the blog and talking to others, plus getting great support from other mothers who are readers and bloggers.
Thank you <3
You’re all keeping me sane!!!