Thursday, December 31, 2015
December Expense Report
Here is a review of every penny that we spent in December. If there is a category that you don't see, the explanation is here
$ 278.38 Groceries Food Only
$ 49.24 Restaurant Rest. &Take Out
$ 54.70 Electric Bill
$ 67.04 Natural Gas Heating & Cooking
$ 139.83 Cable TV, Int,Tel.
$ 596.00 Cell Phone Yearly Bill
$ 50.73 Water & Sewer Quarterly Bill
$ 7.99 Netflix Entertainment
$ 834.96 Medical Ins,Med,&Dental
$ 889.00 Automobile Yearly Car Ins.
$ 38.25 Gasoline Car & Snowblower
$ 150.00 Gift Cards Dining in 2016
$ 57.92 Household Non-food
$ 29.85 Alarm System Monthly Bill
$ 174.24 Gifts PIF with Rebate $
$ 70.00 Personal Haircut & Tip-Me
$ 3313.89 Total Expenses
We did reasonably well this month in the grocery category considering I purchased a whole NY strip loin and over 20 lbs. of boneless chicken for our stockpile.
I hate takeout but it was a necessity since we had so many late, late afternoon medical appointments and poor planning on my part. It was one trip to McDonald's and one to Burger King. My grandson wanted donuts the weekend he stayed with us so that was one trip to Tim Hortons. And one morning, Hubby and I had a wonderful breakfast at our favorite family owned restaurant.
Our electric and gas bill was higher because of heating season but lower than last year's.
Our cellphone is on my son's plan. He only charges us the very basic monthly charges for the phone even though we have internet, texting and all the bells and whistles. We pay him once a year for the following year so we are all paid for 2016.
Our water and sewer bill is pretty much the basic charges for 3 months. We don't use a lot of water except when we water our lawn and landscaping.
Medical and dental is much lower than last month but not as low as I would like to see it. We will be working on lowering it in 2016 especially since our medical insurance is going up.
We pay our car insurance yearly since we get a discount for doing so. The personal included a $ 50. Christmas tip for my hairdresser.
Even with having an expensive month, we were able to save 52% of our net income.
This is our last expense report for the year. Feel free to ask any questions in comments.
I am happily looking forward to a low spending year in 2016 so that we can reach our goal of saving $50,000. Will it be easy? No. But nothing ventured nothing gained. It will be a significant challenge but we are up for it. I invite you to join us on our journey. Set your own goals and let's plan on having the best financial year ever.