April 2016 Expenses

Went a little bananas at the grocery store

Went a little bananas at the grocery store

Wow! It’s already May, and one third of 2016 is complete. We recently noticed  our expenses have been creeping up this year and April continued that trend with some one-time expenses. It has been a fun month; here’s a quick recap before we go into the specifics:

  • Spent some time in a South Pacific Paridise
  • Bought an electric bike to play with commute longer distances..only moderately impressed, expect a review soon
  • Car tires had to be replaced; two new car tires cost almost as much as an entire electric bike!

Now onto the details behind our spending:

Category Spending Details
Housing $1,800 $1,800 – Mortgage: Principal and Interest
Travel $632 $449 – Out trip to the South Pacific and Bora Bora
$183 – Annual fee on credit cards that we keeping for their benefits
Health & Fitness $16 Allergies continue…
Groceries $168 Our grocery spending was well below our budgeted amount ($300), but we continue to eat well!
Restaurants & Take-Out $25 $16 – Work lunch – going away for a coworker
$9 – More work lunch
Transportation $896 $64 – Gas
$450 – Electric bike
$372 – Tires for the luxury car
$10 – Public transportation
Bills & Utilities $142 $5 – Gas, Electric, received a rebate from our utility company
$58 – Water
$45 – Internet
$34 – Mobile phone
Heir Care $1,200 Childcare
Fur Care $0 Dogs were low maintenance this month
Shopping $0
Other $0
Total ~$4,879
Discretionary Spending ~$1,879 Variable spending for the month (subtracting housing and childcare)

Our expenses were on the higher side due to the “one-time” expenses of new car tires and an electric bike. We achieved a 67% savings rate (72% if you count mortgage principal as savings). Income was lower than usual this month due to The MC taking one week of unpaid time to facilitate our Bora Bora trip. You can’t discount the opportunity cost of having fun.

We will track income, net worth, and progress towards Freedom 35 in our quarterly updates.

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6 Responses

  1. Wow you did well for your groceries in April considering you have $300 to spend. What kind of meals do you prepare? Do you eat meat? We budget $225 a month plus $25 stockpile for any deals that pop up which happens just about every month. Well done!!

    • The DJ says:

      Thanks CBB! Yes, I have also been noticing that our grocery expenses have been low…so I think I will dig deeper into this and report back on where and what our dollars are going towards. Look for a future post on this!

  2. I have the same Q as CBB — would you please do a post on your groceries? We are lucky if I get below $138 for a week of groceries! Granted, we pay the mountain town tax, and we do try to buy mostly organic, but I also buy from the “nearly spoiled” discount bin when I can, and we buy almost no meat or dairy. I know you were away for part of the month, reducing your grocery costs, but I’m so curious how you keep your grocery spend so low! 🙂

    • The DJ says:

      The 10 days out of town definitely did help. But I have been noticing that our grocery spending has been lower than what I would expect for the past few months. I will keep all our receipts this month and write up a detailed post on our grocery spending. Thanks for the question!

  3. zeejaythorne says:

    This is impressive on the food front. I rarely buy meat, which helps a lot.

    • The DJ says:

      Thanks ZJ! Yes, eating less meat does tend to reduce one’s grocery budget…also less packaged/processed food also helps.

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