I was about to write that this one was weird, except let’s face it, I have a lot of weird months. This wasn’t a great month for savings and scrimpings, but it wasn’t as much of a complete collapse as, say, March. It was just a month with a couple of large expenses and nearly no side income; I was crazy busy with my actual job and didn’t have time or energy for hustling on top of that. If I ignore all the money I put into savings (which would have covered the expenses easily) then I can kind of sense what it would be like to be really living paycheck to paycheck right now. Glad that’s not actually my reality at the moment (and hopefully never again, but you never know.)
To the numbers!
That’s a lotta red.
1) Insurance: I changed my address with my insurance company, and the premium went up slightly (I suppose my new neighborhood is a tad more “unsafe” than the previous one.) Next month I’ll have it budgeted appropriately, of course.
2) Cash: I decreased my withdrawal this month because I was in England, but I cut it too fine and ended up getting out another $40.
3) Travel: This category is a bit misleading, as it includes a number of gifts I bought while I was overseas. Even so, I managed to come in almost exactly on budget until I bought a theater ticket at the absolute last minute on the last day. No regrets. 🙂
4) Slush — I’d budgeted $50 but ended up needing that money for other things, so I didn’t do anything slushy this month.
5) Personal — got a haircut.
6) Gremlins — according to YNAB: passport photos, MLB AtBat subscription, random stuff at Target, transit in Chicago, and a small donation
7) Repairs and maintenance — that’s the car (includes oil change and interior vacuum) — I did a 2-month payment plan, so I still owe them $175 which I’m paying this week. Look for that next month as an expense.
Well, it’s not going to set any records, but it’s also not too bad. Cash on hand (in the form of my checking account) dropped substantially, but the savings accounts are all chugging along — I’m especially pleased that after a few months of playing catchup I can finally contribute to my travel fund again. My net income in May was $3203.94, and I lived on 53% of that, for an increase of $1569.07 and a total net worth of $23260.34. If I continue my one-month-on, one-month-off pattern, June ought to be awesome, so hopefully I’ll make my goal of a $25K net worth by the end of this month 🙂