November expenses was high due to holiday shopping and a garbage disposal replacement.
|Monthly Expenses By Category||November|
|HOA / Property Tax||910|
|Utility (Electricity, Phone, DSL)||92|
|2nd cellphone – to be cancelled)||5|
|Total Fix Expenses||1,986|
|Dining Out / Grocery||280|
|Total Variable Expenses||1,227|
|Total Monthly Expenses||3,213|
I bought my brand new home eight years ago, and now things are starting to break left and right. Just this year, I had to fix the toilet, faucet, refrigerator and now the garbage disposal. This month I have to replace the sealant around the shower and bathtub. At least the labor is free. Learning to be handy and doing little things around the home can save a lot of money. Luckily, my BF is very handy and he replaced the garbage disposal for me. That probably saved me around $100-$150.
I spent quite a lot on myself during black Friday, but half of it will be returned. I will snatch things up whenever I see a good deal, and then decide later if I want to keep it or not. I think it’s always better to buy and return then regretting not getting the deal at all.
Not included in this table is an extra monthly payment of $300 to mortgage* principal and a $150 monthly expense for half of a rental property.
November Passive Income = $ 321
November Expenses = $ 3,213
Shortage = $ 2,892
My November passive income covers only about 10% of my monthly expenses.