Income/Expenses – February 2015

From my recurring income series; Our net savings/spending numbers for February 2015:

Expenses were excessive due to some health costs – primarily my LASIK and some dental work – and accounted for 46% of our total spending.  Behind our home at 18% was general shopping (mostly for a new laptop) at 13% and then food at 10% of our spending.  Entertainment, bills, and then auto/transport accounted for about 4% of our spending each and that rounds out the month of February.  Not really the worst month if you take out the medical expenses… but certainly not great either.

We didn’t work much OT, but a bonus saved this month from looking really ugly.  In the end we saw a 47% savings rate.  I’ll set a goal for March of 70% to start to make up for some of that embarrassment.  And since there is no real spending expected maybe with some luck we’ll hit 80%.

Income/Expenses – January 2015

From my recurring income series, Our net savings/spending numbers for January 2015:

Expenses were again amazingly high as we spent the first week+ of the year in an expensive international city. Again travel accounted for the largest portion of spending at 45%, and again at least some of that was for food which we didn’t break out due to the tracking effort on cash spending.  Another 26% went to “home”; mortgage interest and taxes.  18% went towards food, and this was a bit more accurate than last month because our travels finally took us to places where credit cards were accepted.  Mint is only breaking down the other 11% as “other”, although it covers all sorts of bills, some gifts, the gym etc.

We combined for a couple days worth of overtime, which helped us squeeze over the 50% savings rate, at 58%.  I’ll set a goal for February of better than 50% (mostly due to an expensive elective surgery), and there’s also been some shopping already under way…

Biking to Work – January 2015

trek12In January I biked in 12 of the 15 days I worked, a rate of 80%.  That’s a lot better than last January’s rate of 0%.  We had a beautiful warm January, and I’ve started running some of these days as well (but I’ll keep counting that as part of my biking tally).  The other three days I managed to carpool so no solo driving.

For February I’m planning to work about 20 days and I hope to bike at least 12 of those days, although I’ve got a forecast for this first week and it doesn’t look promising.

2014 in Review

We saw a 2014 savings rate of 70%.  That is (post tax pay – spending not including mortgage payment + 401k match) / (post tax pay).

After reading the MMM family spending summary I wanted to complete one for ourselves, I knew it wouldn’t be pretty, but here goes:

Category Spending Comments
Food and Dining
   Groceries 2916
   Wine/Beer 567
   Restaurants, Coffee Shop 5653 … yeah, need to eat in a bit more
   Doctor Visits 0
   Health Insurance 1100 $50 per paycheck to cover the Ms.
   Dentist 0
   Pharmacy 372 Mostly travel related
Auto and Transport
   Gasoline 1293 Pretty high, but partly due to driving for business which was reimbursed by mileage, probably should have broken that down…
   Insurance 443 About as cheap as possible, might actually go up if we increase liability coverages
   Registration & Testing 185
   Service & Parts 620 New brakes on both cars, some oil
   Public Transportation 100
Mortgage Interest 12622
Property Taxes 4148
Utilities 2637 High high high… learned a lesson on some water over-usage and leakage
   Home Goods / Furniture 470
   Home Insurance 661
   Landscaping/Plants 630 Did some more planned work on the backyard, mostly new plants
Donations/Charity 1085
Gym / sports / runs 1890
Cell Phone 995 Not the worst as we are mooching off family plans which spreads the primary line pretty thin.
Internet Access 479
   Shoes & Clothing 760
   Sporting Goods 515
   Shopping Misc 567
Sports Events 1060
Theater 250
Other 560
Gifts 675
Travel 7063 Documented our very expensive year end trip, which also spilled into 2015. Well worth it :)
Total 50316




Income/Expenses – December 2014

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

Expenses were amazingly high, our highest ever, with all our trip related spending being pulled forward for accounting in December.  68% of our spending was categorized as travel for the trip, although at least some of that was for food which we didn’t break out due to the tracking effort on cash spending.  Another 16% went to “home”; mortgage interest and taxes.  4% went towards food before we left on the trip, and another 4% toward shopping for the trip, but those weren’t “consumed”.  Various spending on bills, etc accounted for the rest.

Neither of us worked much OT, yet we still managed to save 40% of our income this month.  I’ll set a goal for January of 62%, don’t really want to scrimp on our big vacation too much…  the Ms should squeeze in 3 paychecks to the my 2.   Expenses will still be high this month as our international trip extended well into 2015.

Biking to Work – December 2014

trek12The month of December ended a while ago, but since mid-December we’d been on vacation. I biked in 0 of the 9 days I worked, a rate of 0% :P.  Lots of rain and nasty weather along with some trip prep time killed me, but at least for 8 of the 9 days I managed to carpool, so that’s something…

For January I’m only working 15 days and I hope to bike at least 9 of those days