WOW, what a month. This just happens every now and then — nothing spectacular went wrong, and yet I still spent $$$$$$$$$$$$$$$$$. If the markets hadn’t had such a good month, I would actually have had a loss, for the first time since I started tracking. But: they had a great month, and here we are, including even inching across the $50,000 mark! Want to know all the messy spending details? Read on!
The top of this looks so normal and then….
- Cash. I don’t even know. That’s the problem with cash! I definitely bought more prepared food (meals in cafes, prepared food from grocery stores) this month than I typically do. I also spent more at the farmer’s market, seeing as how it’s the height of produce season. Finally, this reflects spending at a couple of summer events I went to with my housemates. It all added up to about $200 more than I typically spend in this category.
2. Slush: also way bigger than normal. While there are a few small things in there like lunch out, Hulu subscription, etc, it mostly comes from nearly $300 spent at a shop upstate where I bought several really nice household items. I probably shouldn’t have done this, but I really like the things I got, and, oh well, YOLO I guess.
3. Personal/medical: this is just bad timing/luck. I found a rebate/sale on contact lenses and bought a six-month supply (had to buy that many to get the rebate.) That was the bulk of spending here, but I also got my hair cut, bought some supplies from the drugstore, and had a co-pay at the dentist for my annual checkup.
4. Gremlins — that one’s easy, at least! Paid my car registration renewal.
5. Clothing — bought a dress.
6. Summer expenses — I’ve been saving for this category all year, which was a great choice. Honestly I should probably save more for next summer — depending on how I categorize stuff, I could’ve put some of that slush spending in here…. Anyway, the things I logged specifically under summer were nearly all related to canning. I bought a lot of fruit to preserve, plus spices, jars, etc. There’s also about $20 for a bottle of Pimm’s, because that is definitely a summer expense.
7. Gifts — this is also the category I use for donations. $30 of this was to renew my NAACP membership. The rest is a tshirt I bought someone and the postage to send a ‘care package’ to a family I know.
And that’s how you spend yourself into the poorhouse, folks!
Because last month’s update was so late, it included some moves made at the beginning of July, like my first retirement contribution and my EF contribution. Therefore those categories are low this month. I also only contributed $200 to the “life” fund — actually I put $500 in there and then took $300 out again to help fund my heavy spending this month. Luckily, the markets had a great month, so instead of showing a loss for the first time in 2+ years, I have a respectable, if not stellar, increase of $1314.
And I also crossed the threshold of $50K! Barely, but I’ll take it! A net worth of $50335. I almost don’t believe it.