Wow. Does anyone else feel like April went by SUPER quickly? I spent the first part of it traveling and being sick, and the second part with my head buried in work (in a good way; the last two weeks have allowed me to dig deeply into a project I love) and I can hardly believe it’s May already.
Financially, it wasn’t the greatest month, courtesy of a $775 car repair (most of that was the cost of the part they needed) and a last-minute plane ticket when I got sick and had to come home early from a trip. However, since I’m waiting for a stipend check for a summer program I’m participating in, next month ought to show a significant improvement (I am going to use the check to fill my e-fund back up to where it should be.) Also, I had significant freelance income this month — $460.82, to be precise — so that was helpful in offsetting the damage. All the details are behind the jump: to the numbers!
OK! Rent, insurance, cash, gas all normal.
Travel: that was the plane ticket/bus ticket to get home from California. I did get lucky and get a partial refund for a flight I canceled; this involved going and getting a doctor’s note saying I was too sick to fly, which was true, and also easy for me to do since my doctor is at the health center on campus, so I didn’t have to go out of my way to see her and it only cost me a $15 co-pay and about 30 minutes of my time in order to get a $185 refund. No brainer.
Slush: bought some “random groceries” (this is literally what I typed into YNAB) at the beginning of the month; bought a new and quite nice summer-weight cotton blanket for my bed; went out for lunch once; and bought some fair-trade sugar.
Personal/medical: co-pay and drugstore.com order.
Professional Expenses: bought a couple of books at the conference I went to.
Gifts: Most of this was my brother’s birthday present, but I also paid for some party supplies for someone else and I entered those here.
All in all, if you don’t count the car repair and plane ticket, that was a super boring spending month. I love the new blanket and the nice fair-trade sugar, so I guess it was a pretty good one overall.
April 2015: I’d worked really hard following an extremely rough (financially and emotionally) March, and had a $2711 net worth increase, which is way more than I usually have. Woohoo!
April 2014: This was the first time I did an end of the month update on the blog! I had a net worth of -$3343 and was still in debt to the tune of $6834, but the good news was that I paid off the first of my student loans that month, which was obviously very exciting. What I didn’t say on the blog was that late March/April 2014 was one of the lowest, if not the lowest, points of my entire life. I was having a serious depressive episode (the reason my gas/tolls expenses were so high is that I drove out of town every weekend to see friends or family because I really needed to.) It took me over a year to fully work my way out of that, although the acute crisis passed after a month or so. It weirdly ended up having some very positive effects, because it was so bad that I got some much needed therapy and some much needed medication that I might otherwise have never gotten, and did a lot of thinking about my goals, values, needs in life, which has made a very positive difference in a number of ways. But it was really, incredibly awful and scary and I hope I never get that bad again. Anyway! It’s interesting to look back at that blog post and remember how utterly terrible I felt most of the time (and I am so grateful not to feel like that now.) There were only a few things that were making me feel any better then and one of them was taking control of my financial life.
After climbing, the markets dipped at the end of the month, so the three investment accounts don’t look much different (except the 403(b) to which I contributed $300.) Obviously you can see the effect of the two emergencies on my travel and EF accounts; the latter should be back to normal next month after my stipend check comes in, so that’ll be nice. What I am really psyched about here is the down payment fund. $1699 contributed! $1025 of that was my “normal” budgeted contribution, and about $400 came from freelance work; the rest was ‘scraped’ from my paychecks. If I hadn’t had the stipend check on the horizon I would have used that for part of the car repair, but I decided to just go ahead and take that out of the EF and leave the down payment fund alone since I’d already moved the $$ over by the time the car repair hit. I will be so excited to see this fund hit $10K this coming month.
All in all, a net worth increase of $1303.05 is lower than I’d like to see, but given the car repair unavoidable. Next month should be stellar in the net worth department, barring stockpocalypse or a broken leg or something. So I’m pretty content with that increase, which leaves me at $41366.11. And by the way, even though I did not live on 50% of my income this month, I am at exactly 50% on the year to date — last month I was at 54% so I had some wiggle room even with this month’s large spending 🙂