benecia's journal

Where are you and where are you going?
benecia
Posts: 19
Joined: Fri Aug 04, 2017 10:05 pm

January Update.

Post by benecia » Mon Feb 12, 2018 3:54 am

*** Warning Extreme Expenses Ahead ***

January was the month the property settled and I had to pay for removalists, paid a month in advance on the mortgage, so just warning everyone it was an expensive month.

The January Numbers:
Food: 5.26%
Bills: 66.74%
Debt reduction: 44.13%
Removalists: 43.3%
Social 0.93%
Savings 11.20%

Bills included:
Last 3 weeks of board
Solicitor/Lawyer costs
Property Costs
Travel costs
Insurance.
New bed (previous bed was over 20 years old and needed replacing which was an easy decision once storage and moving costs were taken into account, so I got rid of it when I moved out of the old house knowing I would buy a new bed once it could be delivered to the new house).
Rates (property tax) and Utilities on the new property that the old owner had paid in advance.

Food Included:
Travel budget - stocked up food for road trip to minimise food which would need to be purchased (was successful, only had to spend $33 on the road trip In February, but will cover that in the Feb update).
Usual January food.

Food still seems high and I'm not sure why. I know that Feb food amounts will be high because I have bought a mop, bucket, camphor as well as re-stocking the pantry.

benecia
Posts: 19
Joined: Fri Aug 04, 2017 10:05 pm

Mid February Update

Post by benecia » Mon Feb 12, 2018 4:23 am

Extreme spending calls for extreme accountability ... It is easy during a transition phase for discipline to become lax as it's easy to write excess off as part of the cost of change so to counter that I just want to give a mid month update on my spending so far this month. There will be a more detailed update at the end of the month.

The February Numbers so far:
Food: 3.96% (Target 2.19%, YTD 4.62%)
Bills: 15.98%
Debt reduction: 0% (will make a payment at the end of this week, planning for it to be at least 49%)
Social 1.26%
Savings Forecast to be 19%

February Bills paid so far:
Locksmith - have changed all of the locks, and had to put a new deadlock on the garage door.
Fuel for the drive down to Sydney
Car Service prior to the trip (out of cycle so not covered by lease)
Trips to IKEA and Bunnings for DIY shelving, matts, shower fittings.
Bus fare (cheaper then driving and there is a bus that is almost door to door with a little bit of walking so covers the fitness goal as well as reduce costs goal).

I'm expecting the following bills:
Insurance
Possible Water Invoice
Having to buy some sort of lawn mower unless I am going to get a goat or trim the grass with scissors. Aldi have mowers and trimmers in next week's catalogue so will compare that to the second hand options.
Conference related to work
Bus fare
Side fence needs some repairs, the neighbour is getting quotes at the moment so expect that invoice either this month or next.

Good news is that the pantry and cleaning goods/tool restock is almost complete, just need to buy some more beans and beets, as well as the weekly fruit shop.

At some point I am going to have to get an electrician in to look at some of the lights but will wait a little longer to make sure I know what all of the problems are so I only pay one call out fee.

EDIT: Forgot to mention Social spending so far this month has only included the $33 for road trip food and a couple of meals out in Sydney with family when I arrived. There will be an additional social expense in that a welcome to Sydney work lunch is planned in a couple of weeks.

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