Income/Expenses – August 2014

From my recurring income series: Our net savings/spending numbers for August 2014:

Interesting month… we spent the most since we got married, thanks to finally purchasing two international airplane tickets and some other travel.  We visited the LA area; saw family and Disneyland.  Over half of our total spending was travel and vacation related.  Another 20% went towards the home and 11% towards food.  Still relatively good month on transportation costs, largely thanks to a good month on the bike.  Three paychecks this month for the Ms and a decent amount OT for both of us allowed us to save 55% of our income.

I’ll set a goal for August of 60%.  With only a standard two paychecks we’ll still work some OT, but we need to start booking a lot of the travel to go along with those tickets we bought.

As a side note I’m tempted to try to account for spending when events actually occur, even if we pay ahead of time.  Does that make sense?  Even though the money is actually getting spent now, from a month by month perspective it is really the activity itself which results in the spending.

Biking to Work – August 2014

trek12Today’s my last work day in August. I biked in 17 of the 20 days I worked, for a biking percentage of 85%!  Best month yet.  Absolutely beautiful weather in the NW has helped.  I was a bit disappointed because i seem to have punctured my slime tube to the point of no return, but it was only a tiny hole.  I’ll give it another check when I get some time.

In September I hope to average about 4 days a week, it will start getting too dark to bike home easily after late night sports; let’s say 75%.

Income/Expenses – July 2014

From my recurring income series: Our net savings/spending numbers for July 2014:

An especially good month – spending less than we have for a very long time.  Our savings rate was up at 88%, even higher than our annual bonus month back in February.  This was helped by my squeezing in three paychecks this month and the Ms working a decent amount of OT.  We also still have a roommate, whether that turns out to be a wise tradeoff between income and inconvenience will certainly be the subject of a future post.

Housing related expenses accounted for 39% of our spending and food accounted for 26%.  Bills and Taxes totaled to 19%, transportation accounted for 3% of spending, gifts and donations were 6%, miscellaneous gym and entertainment was the rest of it.

I’ll set a goal for July of 75% with the wife getting an extra paycheck and the working lots of OT, and I don’t expect much spending, again, although we are pretty close to finally buying those international airline tickets, and then possibly booking more travel stuff to go along with those.

And to note, all of that savings was invested, and despite a relatively flat market our net worth grew nicely :)

Biking to Work – July 2014

trek12Today’s the last day of July.  I biked in 14 of the 20 days I worked, for a biking percentage of 70%, not quite at my goal.  Getting home late from a trip and some rain got us seriously out of whack for a week, but I was able to get back on track :P

Doing some tri training has also got me biking a lot of miles out of my commute.

Goal for August: bike 15 of 19 days of work, or 79%.

Income/Expenses – June 2014

From my recurring income series: Our net savings numbers for June 2014:

A notably good month in June; spent less than we have for at least two years.  Our savings rate was up at 77%, which is about as high as it gets for us.

Housing related expenses accounted for 37% of our spending and food accounted for 29%.  Bills and Taxes were each 12%, transportation accounted for 5% of spending, which even that low is a bit deceiving because we filled with gas three time, but probably drove less than 500 miles total and now have two full tanks of gas.

I’ll set a goal for July of 80% again because we should get one extra pay check, the Ms is working lots of OT, and I don’t expect much spending, again, unless we finally buy those international airline tickets…

And to note, all of that savings and more was invested, and our net worth is growing nicely as you’d expect.  If we could keep our spending at this level we’re something like 1/3 of the way to financial independence :)

Biking to Work – June 2014

trek12Today’s the last day of June.  I biked in 14 of the 18 days I worked, for a biking percentage of 78%, not quite at my goal, but setting a new PR!  That comes to about 175 miles not driven.  The Ms also biked in just about as often.  Aside from out commuting trips we made one long trip (20 miles each way) to meet friends for lunch.

There were much fewer popped tires this month; I did replace my back tube with a slime tube, so far so goo.

Goal for July: bike 16 of 21 days of work, or 76%.

Income/Expenses – May 2014

From my recurring income series: Our net savings numbers for May 2014:

A very average month here, spending right on the 12 month average, and only two paychecks each squeezed into this month.  Our savings rate was 69%, that’s right about on our target of 70%, although I seems to have forgotten to set a goal last month.

Housing related expenses accounted for 27% of our spending and food accounted for 24%.  Charity was 16%, which is well above our norm, transportation accounted for 12% of spending, between car maintenance, gas, some bike commuting investments, and bus fares.  8% of our spending was property taxes, and 7% went to bills of all sorts (phones, trash, etc).

I’ll set a goal for June of 70%, unless we finally buy our international airline tickets, which would probably cut that saving rate in half.