Author Topic: Hold yourself openly accountable for your spending in 2019  (Read 19193 times)

Bracken_Joy

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Re: Hold yourself openly accountable for your spending in 2019
« Reply #300 on: May 31, 2019, 08:24:53 AM »
Piecing together spending for the month will be a shit show, since Mint is being awful and tanked my main bank account data. GODDAMMIT MINT. It's like it's on a yearly timer for self destruction. Biggest downside to banking with a small credit union.

middo

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Re: Hold yourself openly accountable for your spending in 2019
« Reply #301 on: May 31, 2019, 04:09:16 PM »
I'm continuing to post to hold myself accountable.  But it was a bad month for us.

Lowlights:
  • Eating out took a hit when my wife went out with her work crowd.  $22 Margherita.  $100 meal. 
  • Kids were higher - but mainly due to expenses being fortnightly and getting hit 3 times for accommodation
  • Home Utilities were higher - as we copped two lots of strata levies.  Otherwise this would have been down a lot.
  • Transport - Ouch.  Repairs and maintenance was $1424.  Registration and insurance $1136.  Fuel costs were OK
  • Holiday expenses are high as we plan and spend in advance on our mid-year trip.  Kennels for pets and airfares.

Positives:
Food and non-food was OK.

Currently down about 8.5% from last year, but aiming for 10%.


zygote

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Re: Hold yourself openly accountable for your spending in 2019
« Reply #302 on: June 02, 2019, 10:40:22 AM »
I'm on track to spend ~$44k this year, and I would love to get that down to ~$40k in 2019.

Final numbers are in for 2018, and I spent $42,874. Rent is by far my biggest expense (HCOL) and is pretty well optimized for where we are. However, there's plenty to cut elsewhere:

-2019 goal is to spend less on dining out than I do on ingredients from the grocery store. Yiiiiiikes. I spent almost $600 dining out this month. Mostly a big dinner I had promised as a treat for my wife, and then a bunch of different times going out with both local and visiting friends.

-I see a lot of theater, and that's also important to me, but I want to put in more effort making sure I get the lowest priced tickets possible through rushes and lotteries. Success-ish. I bought a few more expensive tickets to some shows I couldn't get for cheap and spent over $600 for the months. But I also got some really good deals in there and got a lot of tickets overall for events in the future.

-I spend too much on personal care items like skincare. I need to stick to my routine, use up what I've got, and stop trying new products. Sort of. My spending was high-ish this month ($200) due to running out of a bunch of stuff at once, but got replacements on sale. It really kills my budget that I care about getting cruelty-free products, because I often can't find any low cost options that work.

This month was a slow, painful bleeding of money. Total spending was $3700. No major issues, but a ton of little things kept coming up. My wife's cash flow has gotten tighter so I've paid for more things that we used to split, too. I don't regret any of the individual transactions. It's been a good, fun month. But it certainly adds up.

Linea_Norway

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Re: Hold yourself openly accountable for your spending in 2019
« Reply #303 on: June 03, 2019, 05:37:38 AM »
I like how my monthly spending becomes gradually smaller. May is very low. I had a look at the transactions, but there aren't any big thinks. Mostly food, some fuel, some insurance, but no big bills. I know my DH paid 2 bills for the private roads around our house, so that would have been a big one.

I have one "uncategorized" transaction. That was taking out some Swedish cash, to pay for a fishing license or our last trip. They only want to be paid in cash for that.

Our food is still quite big, despite eating from the freezer.
I did buy a lot of food while in Sweden, because stuff is cheaper there. We found good reindeer beef for a really low price. This is registered in the June transaction. As well as a grey area that stands for alcohol. We bought some wine and whiskey there, which is also cheaper than at home.

Numbers are shown in Norwegian Crowns. Divide by 10 to make Euros.
« Last Edit: June 03, 2019, 05:40:52 AM by Linea_Norway »

Hirondelle

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Re: Hold yourself openly accountable for your spending in 2019
« Reply #304 on: June 03, 2019, 12:42:37 PM »
May expenses were right on my 'average' (around €950) ending up at €947.

Jan: €1175
Feb: €1110
Mar: €1060
Apr: €690

Facepunchable categories:
Groceries: €130. A bit better again but still more than I'd like. I don't seem able to get it down consistently to last year's average of €100. There IS still plenty of fat (both literally and metaphorically) in the budget so I may do a 'only whole foods' challenge or so over summer.

Food/drinks out: €75. One movie night and one proper night out. About €15 worth of fluff that could've been avoided.

Memberships: €50. This is an organization that paid my grant to study abroad. Their membership could result in more grants for conference travel etc, however I kind of shifted field and my current research is much less chemistry prone so less likely to be sponsored by them. I should look into canceling this one as I have two other scientific organization membership that are paid for by work. On the other hand, they paid me €4k to study abroad so I may also see it as a 'pay it forward' thingy.

Charity: €135. The gifting itself isn't facepunch worthy, but I included it because it is to offset air travel.

Gifts: €60. Mother's day + a birthday in one month adds up.


Slow&Steady

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Re: Hold yourself openly accountable for your spending in 2019
« Reply #305 on: June 03, 2019, 01:00:06 PM »
Only tracking food for this challenge because it is our downfall.  I will be pretty excited if we can just stay in our budget, so even 100% of budget would be better than what it has been in the past!

Code: [Select]
Month End Groceries Eating out
Jan-19 94% 79%        
Feb-19 97% 99%          
Mar-19 110% 117%          
Apr-19 108% 102%
May-19 99% 90%
YTD-19 102% 102%

March and April were killers are are causing an overage for the YTD totals but hopefully we can get everything back in check. I am shocked that we stayed in budget in May, we had 3 graduations, 3 birthdays, family visiting, and the start of summer. 

Imma

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Re: Hold yourself openly accountable for your spending in 2019
« Reply #306 on: June 03, 2019, 01:29:06 PM »
Total Jan: €    508
Total Feb: €  1105
Total March: €971
Total April: €  644
Total May:  €1276

May:
Food: €338
Transit: €260
Fun: €63
Shopping: €91
Tuition: €493
Healthcare: €31

Total: €1276

€100 of the food budget is eating out. Still 238 is too much for groceries. We had a few days off together and went out for dinner, treated ourselves to food from the Italian deli, did some shopping in Germany (which is way cheaper than NL) but still there's no excuse. We'll be doing an uber frugal grocery month this month and will try to eat all the food in the house.

Transit is high because we visited family nearly every week and will continue to do so over the next couple of months.

I paid tuition this month but even excluding that, this was an above average spendypants month.

Next month will also be expensive as we're renovating our garden, which will cost a lot. It's completely overgrown and full of rubble. We've been postponing this for a few years because it's so much work and so expensive, but we had to renovate it eventually. We'll hire some work out to a construction guy with a digger but we'll be putting in a lot of DIY as well. It's just so extremely expensive - we're expecting a 4-figure sum for just the removal of the rubble and we need fencing and some form of paving as well. We're just going to build a small patio and a path to the shed but that's another 4-figure sum right there.

use2betrix

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Re: Hold yourself openly accountable for your spending in 2019
« Reply #307 on: June 03, 2019, 06:51:58 PM »
May spending/budgeting:
Total spending - $7,452 (Goal $6000)
Wife had wisdom teeth out ($1534)
Vehicle Registration ($350)

Total yearly spending - $35,118 (Should be at $30,000 at this point)
Total yearly savings - $83,374
Total yearly savings rate - 70.3%

Another not great month, but I did work an extra day which kept our savings high for the month (a bit over $15k).

Onward and Upward.. Time to keep on truckin’...

Trifele

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Re: Hold yourself openly accountable for your spending in 2019
« Reply #308 on: June 05, 2019, 04:59:45 AM »
Monthly check in. 

Our goals are keeping our total spend under $2700 for our family of four (two adults + two teenagers) and keeping the total food cost under $600.   ($600 on food for a month is an aggressive target for us; last year we averaged $750.  Our "Food" category includes both groceries and eating out.) 

May food costs were high because a family emergency took me out of state (lots of unplanned eating out), and we had a kid birthday.  May's total spend was actually pretty good, since that includes plane tickets and other travel expenses.  Not bad.  Aiming to do better in June though.   


                Total spend           Food           Utilities

January       $3869                $656             $539
February       2223                  593               558
March           2877                  843               444
April             2803                  606               394
May              3242                  771               323

Linea_Norway

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Re: Hold yourself openly accountable for your spending in 2019
« Reply #309 on: June 05, 2019, 05:15:06 AM »
My spending in May was an all time low. But my spending in June (including the bills waiting to be paid on due date) is already now higher than May was. That was the frivolous spending on cheaper food and booze in Sweden. (embarrased emoticon)

middo

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Re: Hold yourself openly accountable for your spending in 2019
« Reply #310 on: June 15, 2019, 05:25:34 PM »
June is looking like a disaster for us. Maily due to unexpected expenses to do with our youngest.  She needed a new laptop, which we paid half of, and then she got into a state sports team, to play in the nationals. $2000 was our contribution.  She paid the rest.

And I haven't even started my holiday to Broome.

Imma

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Re: Hold yourself openly accountable for your spending in 2019
« Reply #311 on: June 16, 2019, 03:27:51 AM »
Total Jan: €    508
Total Feb: €  1105
Total March: €971
Total April: €  644
Total May:  €1276

June:
Food: €78
Transit: €128
Fun: €135
Shopping: €0
Tuition: €0
Healthcare: €9
DIY: €17

Renewed my rail discount card for another year (€52) and took some extra hobby classes that were a lot of fun. Otherwise doing pretty well this month so far.
« Last Edit: June 16, 2019, 03:17:38 PM by Imma »

philli14

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Re: Hold yourself openly accountable for your spending in 2019
« Reply #312 on: June 16, 2019, 10:25:58 AM »

Category        2018 AVG | 2019 GOAL | 2019 AVG |    JAN |    FEB |    MAR |   APR |    MAY |    JUN |
Cell Phone         $  75 |    $   10 |   $    7 | $   24 | $    3 | $    3 | $   3 | $    3 | $    0 |
Gas/Fuel           $ 150 |    $   50 |   $   13 | $   32 | $    0 | $   33 | $   0 | $    0 | $   41 |
Restaurants        $ 540 |    $  300 |   $  120 | $   13 | $   84 | $   76 | $   0 | $  425 | $   45 |
"Shopping"         $ 420 |    $  150 |   $  144 | $  426 | $  175 | $   65 | $   0 | $   54 | $    0 |
Car Expenses       $ 445 |    $  100 |   $   11 | $   54 | $    0 | $    0 | $   0 | $    0 | $    0 |
------------------------------------------------------------------------------------------------------
Total "Big 5"      $1630 |    $  610 |   $  295 | $  549 | $  262 | $  177 | $   3 | $  482 | $   86 |
Total Expenses     $2902 |    $ 2000 |   $ 1445 | $ 1799 | $ 1697 | $ 1429 | $ 641 | $ 1657 | $ 1382 |


All in the green so far. Expensive month for me overall with $650 in professional dues, big trip to San Diego upcoming as well so month will end up being pretty expensive.

Eyes are already set on July, hoping to have a month similar to April