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.


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