In Budget Roundups, Money

May 2019: Income & Expenses Budget Roundup

THE INCOME = $25,443.28

Day Job: $23,270.94

Day job .. is my day job. It’s what I earn each month, working 40 hours a week. Nothing to see here. Boring.

Anyway.

Blog: $1086.17

Advertising: $182.68

Affiliate: $733.49

Products: $170

Save. Spend. Splurge. Products sold, include:

https://www.savespendsplurge.com/products

INCOME GOALS FOR THE NEXT MONTH:

To try and keep it cool and not spend more than $3000

If you are interested, my money is parked here:

  • EQ Bank: Good, general 2.3% high interest savings account; subject to change
  • Tangerine: Use my Orange key { 32726976S1 } for free money ($50 once you deposit $100; and I get $50 too)

…credit card extra rewards cashback savings here:

  • PayTM Canada and PayTM USA is also how I pay my municipal taxes, utility bills and so on with my CREDIT CARD (yes!! TO GET CASH BACK) plus I earn PayTM points for Amazon, Starbucks gift cards etc… Use my referral code [ PTM210713 ] for a free bonus 5000 points ($5 gift card)

…and invested here:

THE EXPENSES = $4158.27

If you’re interested, I use the following credit cards:

  • PayTM Canada and PayTM USA is also how I pay my municipal taxes, utility bills and so on with my CREDIT CARD (yes!! TO GET CASH BACK) plus I earn PayTM points for Amazon, Starbucks gift cards etc… Use my referral code [ PTM210713 ] for a free bonus 5000 points ($5 gift card)
  • Rogers World Elite Mastercard – No annual fee, 1.75% cash back, but you can only redeem it yearly and you have to call each year to ask them to redeem the credit against your next year’s statement. I use it for all my purchases as I buy a lot in USD$, and those purchases are 4% cash back (almost like a no forex fee in essence)
  • Tangerine Mastercard – No annual fee, 2% back on certain categories (up to 3). For their savings accounts, use my Orange key { 32726976S1 } for free money ($50 once you deposit $100; and I get $50 too). I give this card to my partner (he has a joint card) and he uses it constantly.
  • I used to have the MBNA World Elite Mastercard but they increased the annual fee. That was disappointing, they used to give 2% back on everything.

My top 5 expenses


What the pie chart looks like

Reflections: In Preserve Wealth Mode

May was my NYC trip. I really just gave myself permission to shop, smartly, within reason, and that’s how I ended up ONLY spending $720 on clothing.

Yes. ONLY.

There was so much more I wanted, but I held back, tried to be prudent / smart about my money and spending it on what I REALLY wanted.

Ended up with this outfit:

But later months? I am going to be thrifting, buying secondhand for cheap and trying to be frugal AF.

Mainly because.. POSHMARK CANADA HAS LAUNCHED

Hate being a broken record about this but I am seriously finding amazing deals on there, like a leather pencil skirt for $20 (originally retailed for $450)..

You can use code

SHERRYISH

..to get a free $10 to use towards shopping. Once you buy something, I get $10 too. <3

Anyway. That’s where I am at now. Preserve Wealth Mode.

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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 TheBudgetingTool.com. 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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Posted on September 30, 2015

Previous PostWhy women should be able to depend on themselves financially
Next PostMay 2019: The Net Worth and Investments

5 Comments

  1. neurosciency

    i am also in preserving wealth mode! my goal is to pay down $2k of debt in the next six months. too bad i love to shop. ahhh!!! i guess i have to start thrifting again, LOL.

    Reply
  2. Mia

    Are all your money posts in Canadian dollars?

    Reply
  3. PLambchop

    I can’t believe you spent less than $750 in New York. That IS restrained. New York shopping is my kryptonite.

    Reply
    1. Sherry of Save. Spend. Splurge.

      Iā€™m just as surprised as you are. That said, I came back and immediately returned a bunch of things to offset the trip šŸ™‚

      Reply

Leave a Reply

In a nutshell…

Save. Spend. Splurge.
[ wealth. style. minimalism. ]

——

MOST DEBT: cleared $60K in 18 months

MONEY: Hit $1M personal net worth At 36

NEW GOAL: $1M in invested assets

FAVOURITE DAY: payday

HATES: being late & lazy people

SOCIAL: Instagram @saverspender

DRINKS: homemade matcha lattes

SLEEPS: on a 100% cotton U.S.-made futon

WRITES: Books (also available on Amazon).

BEAUTY: swears by Paula’s Choice

——

…but you can read more about me , browse my index of posts, or get in touch with me, talk to me directly on Instagram, and of course, ask me anything here.

$35 The Wealth Building Tool

Like a Boss Library (Sherry’s Books)

Referral Codes

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[ Use this link ]



Webhosting
[ saverspender ]



Shopping Cashback
[ Use this link ]



Clothing Resale


[ SHERRYISH ]



Private Lending
[ 7b03f0 ]



No-Fee Banking
[ 32726976S1 ]



Discount Brokerage
[ o0soehds ]



Social media scheduler
[ saverspender ]



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Disclosure

Save. Spend. Splurge. uses affiliate links from Shopstyle, and Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com or ShopStyle. In addition to these, any referrals on the page will result in revenue if used such as BlueHost.

In English: If you click on a link, I could get a small commission, typically a few cents. And if you use a referral code, I could get anywhere from $10 – $70 for it. Thank you for your kind support!

Also, I am not a professional investment advisor or money manager by any means.

I am just a woman who loves money, talking about money, and making money.

All opinions expressed on this blog are personal and for entertainment value. Take them with a grain of salt and always consult a professional when in doubt.