I've decided to break down a year's worth of spending since it will all have been done while living in my current house which means that these should reflect next year's numbers pretty accurately.
Total Spent 2013 – $19,165.04
Total Income 2013 – $55,142.62
In other words I’ve spent 34.8% of what I earned in the past year.
Expected Spending 2014 – $23,176.72
Expected Income 2014 – $30,000
I’m giving myself a very conservative expected income assuming no side jobs, and assuming that my disability insurance pays out. Also it should by noted that the $8,000 that I expect to spend on my Masters tuition over the next year is already sitting in a savings account. But it is nice to see that even with conservative estimates my Income is greater than my expenditures.
Mortgage
Total Spent – $47,477.19
Interest – $4200 *
Principal – $43,277.19 *
Total Expected Next Year - $34,134.32
Expected Interest – $3,300.00*
Expected Principal – $30,834.32*
*Numbers are estimates
Monthly Expenses
Spent per Month
|
Total Spent
|
Expected 2014
| |
Groceries
|
$132.83
|
$1,593.99
|
$1,500.00(1)
|
Misc
|
$12.57
|
$150.79
|
$150.00
|
Utilities
|
$298.14
|
$3,577.63
|
$3,600.00
|
House Maint.
|
$43.28
|
$519.36
|
$550
|
House Taxes
|
$2,246.70
|
$2304
| |
House Insurance
|
$1,105.56
|
$1,200
| |
Bus
|
$68.25(2)
|
$606
|
$0
|
Car Payments
|
$45(3)
|
$0
| |
Gas
|
$70.17(4)
|
$0
| |
Train
|
$4.36
|
$52.29
|
$60
|
Cabs
|
$3.86
|
$46.28
|
$50
|
Entertainment
|
$10.95
|
$131.37
|
$120
|
Social Memb. Fees
|
$45
|
$30
| |
Health
|
$32.59
|
$391.08
|
$300(5)
|
Clothes
|
$0
|
$0
|
$0(6)
|
Gifts
|
$4.90
|
$58.83
|
$60
|
Cell
|
$28.72
|
$344.65
|
$339
|
Internet
|
$47.14
|
$565.64
|
$691
|
Financial Planning
|
$13.56(7)
|
$122.04
|
$162.72
|
Total
|
$701.15
|
$11,672.38
|
$11,116.72
|
(1) It will be a tad cheaper since I’ll be vegetarian all year long.
(2) For the months that I needed a pass, which ended in August. I have a pass included with my Masters Tuition.
(3) Actually it was a wagon payment.
(4) I only had my parents van for one month, I have no expectation to pay for gas in the next year.
(5) I am now out of Wisdom Teeth to remove. : D
(6) Why break my streak?
(7) Only paid the monthly fee for 9 months, it will be 12 months next year.
Other
2013
|
2014
| |
Masters
|
$2,283.46
|
$8,400
|
Cat
|
$149.63
|
$120
|
Professional Memberships
|
$403.25
|
$190
|
Masters Application
|
$142
|
$0
|
CPR Recertification
|
$100
|
$50
|
Furnishings
|
$54.32
|
$0
|
Passport Renewal
|
$160
|
$0
|
Total
|
$3,292.66
|
$8,760
|
I am amazed at how well you've been doing and yay for no more wisdom teeth!
ReplyDeleteThanks, growing 2 wisdom teeth was more than enough.
Delete