March 2016 Expenses
Continuing catching up with belated monthly expenses, a recap of March:
- Semi-annual property tax payments were due, making this a spendy month
- Lots of rain made yard work a bit unmanageable and we decided to take the opportunity to get some help catching up on the fruit trees, bushes, and shrubs
- Realized two days before Good Friday that we had forgot the Little Man’s daycare would be closed. We decided to try looking for a babysitter but since we had never hired one before, we didn’t know where to start!
Like many things, living in the future made this an easy problem to solve, thanks to the Internet: We found a great sitter last minute on Urbansitters who was able to watch the Little Man (and the dogs). Promotional credits made the baby sitting quite a bit easier on the wallet.
- Again, thanks to the internet, learned the basic skill of unclogging a bathtub. Was cheaper than a plumber.
- Since the the remote gig came to an end, there has been more commuting alternating between train, bike, and car pooling.
- We filed our taxes and got a good chunk of money back from the tax man (thanks in large parts to tax loss harvesting and strategic charitable giving). To simplify accounting, we count the refund as current income, which offset the high spending in the month.
Now onto the details behind our spending:
|Housing||$5,550||$1,800 – Mortgage: Principal and Interest
$3,640 – Property taxes
$10 – Drain auger for DIY plumbing fix 🙂
$100 – Yard work
|Travel||$96||$11.20 – Taxes and fees on airfare for a potential trip back home later in the year
$85 – Annual fee on a recent credit card for signup bonus
|Health & Fitness||$225||$60 – Drugs for the Little Man as he was under the weather a couple times this month
$165 – Doctor’s visit from earlier in the year for the Little Man
|Groceries||$210||Our grocery spending was average|
|Restaurants & Take-Out||$12||$12 – Work lunch – we need to improve on this!|
|Transportation||$160||$110 – Gas – more commuting
$45 – Public transport
|Bills & Utilities||$145||$38 – Gas, Electric
$38 – Garbage, Recycling
$45 – Internet
$22 – Mobile phone (prepaid for two months)
|Heir Care||$1,605||$1,500 – Childcare
$40 – Disposable diapers for an upcoming travel, clothes from consignment sale
$65 – Babysitting during to daycare closure
|Fur Care||$40||Lots of rain also means dogs become harder to groom and maintain. Since it’s been a while since we got a nice grooming, decided to take the one that is high maintenance in for a cleaning up|
|Other||$11||Drinks with good company|
|Discretionary Spending||~$1,100||Variable spending for the month (subtracting housing and childcare)|
Our expenses were on the higher side due to the property tax payment. We achieved a 71% savings rate (74% if you count mortgage principal as savings). Guess the 80+% savings rate streak has come to an end. We have some (expensive) international travel ahead of us in April, but most of the expenses are already paid for, so we will just have to wait and see how we do in the next little while!