May 2012 Budget Roundup = – ($6903.76) or a -3.48% decrease
LOOKING BACK
My spending has been pretty darn good! I lost all kinds of energy to shop for clothes and even when I go into a shop I think — Why am I touching this? Do I even want this? For that price!? — and this lack of energy has saved my wallet from coming home with boo-boos and running to the corner to cry.
Track your own expenses using my budgeting tool
INCOME = $10,943
EXPENSES = $5117.14
- Spending was not ideal this month, but mostly necessary and some of it fun
- I am most pleased with my super tiny “Wardrobe” section, as I really didn’t buy a single stitch!
- I would like to watch my expenses for the next month, but a new household = $$$$$
NET WORTH = $191,656.87, or a decrease of -($6903.76) or 3.48%
- My investments have been taking a dip to the tune of about $10,000 this month *shakes fist*
- Still, I hang onto them for the long-term, not the short… and I see it as a time to buy more, rather than less!
- If I hadn’t gone down in my investments this month, I’d be at the $200,000 mark
- C’est la vie! Maybe I should revise my savings goals back down to $200k 😉
TOP 5 SPENDING CATEGORIES
- I guess “Retirement savings” or “Government taxes” isn’t really considered spending
- …but they’re the biggest amounts I’ve taken out of my paycheck, if that makes sense
LOOKING FORWARD
Not much happening. Just hoping I don’t break my streak!
Books I’ve written so far
LAL says:
Why are you staying in hotels? Still consulting? What sort of car? Is it a rental?
Mochi & Macarons says:
I’ll always be still consulting, that’s my career.
The car is not a rental.
Mochi & Macarons says:
It is easier not to spend on clothes or buy anything when you force yourself to pack and cram things into a suitcase :/
Leigh says:
Ack, decrease of almost $7,000 must hurt! Maybe you will get back to $200,000 next month?
My “stretch” goal is to hit $200,000 by the end of the year, but I should definitely hit it by January. Even if I fall a bit short like I’m projecting, that would still be a $60k+ increase for the year, so I don’t think I should really beat myself up at all.
I like the graphic about buying ice cream -that’s cute 🙂
Mochi & Macarons says:
It really stings, but that’s the price you pay to invest instead of letting it sit idle! 🙂
I think a $60k increase is more than admirable! I only hope I can reach something close to that, myself.